Description:
Mortgage Funding:
- Coordinate with lawyers and insurance consultants on new transactions and follow through to completion of registration of security.
- Communicate with lawyers with respect to discharges, amendments, and collecting funding conditions.
- Assist with the review of commitment letters, amendments, renewals.
- Assist in preparation of mortgage documents for various lending partners.
- Tracking deal status via our online portal and managing various checklists and trackers.
- Staying up to date on applicable regulations.
Mortgage Administration:
- Assisting in coordinating various legal agreements related to ongoing projects with external counsel.
- Coordinate documentation of amendments and renewals.
- Assisting in any Special Loans activity, including default/receivership proceedings as required.
Mortgage Discharge Support:
- Assist in preparation of discharge documentation and payment requisitions.
Compliance Monitoring:
- Assist compliance department with Borrower follow ups of loan deliverables.
- Prepare notices/reminders to Borrowers to ensure timely deliver of loan obligations.
- Assist in documenting of contractual mortgage renewals, extensions, and amendments.
Administration:
- Tracking and processing of legal invoices.
- Assist with lender onboarding process for new clients.
- Participating in ongoing initiatives with respect to process improvements.
What Are We Looking For?
- Excellent oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside of the organization.
- Excellent time management skills.
- Demonstrated ability to prioritize between multiple competing commitments and deadlines.
- Demonstrated ability to efficiently handle administrative tasks, multi-task, and switch between multiple assignments as necessary.
- Proficiency in Microsoft Word, and Excel, and generally adept with technology.
- Post Secondary Degree or Diploma in any of the following is an asset:
o Business Administration
o Law Clerk
o Legal Studies
o Paralegal Studies
- Will be required to obtain mortgage agent license with FSRA.