Intern - Funding Support

Jobtailor

Toronto

On-site

CAD 65,000 - 90,000

Full time

5 days ago
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Job summary

Equitable Bank, partnered with Jobtailor, seeks an organized Mortgage Operations Coordinator to manage mortgage documentation, ensure compliance, and coordinate data updates across portals. This role supports property purchases and refinances in a fast-paced environment.

The candidate will liaise with the Residential Credit Team and closing service providers, verify legal requirements, and ensure timely fund disbursement while maintaining stringent data accuracy.

Qualifications

  • Currently enrolled in or recently completed a post-secondary program in Business, Communications, Information Technology, Data Analytics, or a related field
  • Excellent attention to detail
  • Established and meticulous time management and organizational skills
  • Knowledge of mortgages
  • Proven ability to thrive under pressure in a high volume, high intensity environment
  • Strong written and verbal communication skills with professional responses
  • Demonstrated ability to use Microsoft Office
  • Logical thinker with ability to multi-task
  • Post-secondary education (diploma)
  • All candidates must pass criminal background and credit checks

Responsibilities

  • Collaborate with Equitable Bank’s closing service provider to provide data and documentation for property purchases or mortgage refinances
  • Liaise with the Residential Credit Team to identify and resolve inconsistent information, assign tasks, monitor progress, and verify corrections
  • Review documentation from the lending portal
  • Update systems and portals with borrower data based on loan product and type
  • Prepare accurate insurance documents
  • Verify legal representatives meet integrity and compliance standards
  • Manage tasks and deadlines to meet Service Level Agreements
  • Address rush loans and reinstructions professionally
  • Complete and review reports for Quality Assurance compliance
  • Monitor the closing service provider’s portal to confirm fund disbursement
  • Set up pre-authorized payments and configure Lines of Credit on the servicing portal
  • Generate and distribute welcome letters
  • Verify property and mailing addresses and update borrower risk ratings
  • Process payments to business partners and brokers
  • Finalize mortgage loan setups using the Post-Funding Checklist
  • Resolve deficiencies and discrepancies with solicitors and the closing service provider
  • Review final solicitor reports for mortgage registration compliance
  • Update loan statuses and follow up on outstanding reports
  • Escalate unresolved cases to management
  • Draft and issue formal demand letters when required
  • Manage Agreement Amending Mortgages documentation, approvals, legal authorization, signatures, records, and document returns

Skills

Data Management
Documentation Review
Quality Assurance
Mortgage Loan Setup
Payment Processing
Risk Rating Updates
Legal Document Verification
SLA Management
Pre-Authorized Payments
Microsoft Office Proficiency

Education

Post-Secondary Education (Diploma)

Tools

Lending Portal
Servicing Portal
Closing Service Provider Portal

Job description

  • Collaborate with Equitable Bank’s closing service provider to provide necessary data and documentation for property purchases or mortgage refinances
  • Liaise with the Residential Credit Team to identify and resolve inconsistent information, assign tasks, monitor progress, and verify corrections
  • Review documentation from the lending portal
  • Update systems and portals with borrower data based on loan product and type
  • Prepare accurate insurance documents
  • Verify legal representatives meet integrity and compliance standards
  • Manage tasks and deadlines to meet Service Level Agreements
  • Address rush loans and reinstructions professionally
  • Complete and review reports for Quality Assurance compliance
  • Monitor the closing service provider’s portal to confirm fund disbursement
  • Set up pre-authorized payments and configure Lines of Credit on the servicing portal
  • Generate and distribute welcome letters
  • Verify property and mailing addresses and update borrower risk ratings
  • Process payments to business partners and brokers
  • Finalize mortgage loan setups using the Post-Funding Checklist
  • Resolve deficiencies and discrepancies with solicitors and the closing service provider
  • Review final solicitor reports for mortgage registration compliance
  • Update loan statuses and follow up on outstanding reports
  • Escalate unresolved cases to management
  • Draft and issue formal demand letters when required
  • Manage Agreement Amending Mortgages documentation, approvals, legal authorization, signatures, records, and document returns
Requirements
  • Currently enrolled in or recently completed a post-secondary program in Business, Communications, Information Technology, Data Analytics, or a related field
  • Excellent attention to detail
  • Established and meticulous time management and organizational skills
  • Knowledge of mortgages
  • Proven ability to thrive under pressure and perform well in a high volume, high intensity environment
  • Strong written and verbal communication skills with the ability to respond in a clear and professional manner
  • Demonstrated ability to use Microsoft Office
  • Logical thinker with ability to multi-task
  • Post-secondary education (diploma)
  • All candidates considered for hire must successfully complete a criminal background check and credit check
Core Competencies

Demonstrates strong organizational and time management skills while managing mortgage documentation and compliance. Proficient in data management and communication, ensuring accuracy and adherence to service level agreements.

Highest-signal resume keywords
  • Knowledge Of Mortgages
  • Microsoft Office Proficiency
  • Attention To Detail
  • Time Management Skills
  • Strong Written And Verbal Communication
Hard Skills
  • Data Management
  • Documentation Review
  • Quality Assurance Compliance
  • Mortgage Loan Setup
  • Payment Processing
  • Risk Rating Updates
  • Task Monitoring
  • Legal Document Verification
  • Service Level Agreement Management
  • Pre-Authorized Payment Setup
Soft Skills
  • Organizational Skills
  • Ability To Thrive Under Pressure
  • Logical Thinking
  • Multi-Tasking
Certifications & Qualifications
  • Post-Secondary Education (Diploma)
  • Criminal Background Check
  • Credit Check
Industry Keywords
  • Mortgage Compliance
  • Property Purchases
  • Mortgage Refinances
  • Quality Assurance
  • Legal Authorization
Tools & Technologies
  • Lending Portal
  • Servicing Portal
  • Closing Service Provider Portal
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