Commercial Mortgage Funder

Company:  Home Trust Company
Location: Toronto
Closing Date: 12-07-2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Company Profile Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer complementary lending services and competitive deposit investment products. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company. Position Overview The Commercial Mortgage Funder will effectively and efficiently review commercial legal documentation and fund mortgage deals, providing a high level of customer service to HTC customers and their solicitors in accordance with company policies and procedures.Position Responsibilities Ensure service standards are attained for processing all mortgage advances in accordance with company policies and proceduresEnsure all funded deals are accurate and complete Prepare mortgage advancesProcess assignments, assumption and progress draws in relation to commercial guidelinesReview corporate documentation of relevant entities, legal documentation to the transaction and client identification and ID Forms in order to ensure that all funding and AML criteria have been satisfied and outstanding conditions are met by prescribed deadlines;A good understanding of the structure and requirements associated with Publicly Traded Companies, Family Trusts, Partnerships, Third Party Determination and Politically Exposed Persons;Ensure that all proper documentation has been obtained in order to determine Beneficial Ownership;Identify and recommend methods to improve operating efficiencies within the teamCollaborate with Originations Team and Fulfillment Officers to ensure service levels are maintained and targets are metDaily postings for Finders feesFund the required daily average of applicationsAbility to maintain a 95% accuracy rate on a monthly basisEnsure Anti-Money Laundering and Know Your Client legislation is adhered to on all filesAccountable for all mortgage transactions as assignedMaintain comprehensive knowledge of the company’s funding procedures, legal guidelines and resourcesDisplay a commitment to the highest customer service ranking in the industryCommunicate with solicitors’ offices in a professional mannerFollow up with solicitors to confirm closing and obtain registered Charge/MortgageRelated Experience 2 years of experience with commercial fundingStrong understanding mortgagesAcknowledgement All employees of Home Trust Company must comply with all applicable Home Trust Company, and specific Line of Business policies, standards, guidelines and controls. Additionally, all employees are obligated to become familiar with Home’s risk management framework and understand the operational risk management requirements within their specific business. Employees are also expected to understand and comply with the Company’s Code of Business Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Customer Complaints Appeals Office (CCAO), Compliance Hotline, Whistleblower Policy, etc). Home Trust is committed to fair and accessible employment practices and we are committed to providing accommodations for persons with disabilities. If you require accommodations in order to apply for any job opportunities, or require this posting in an additional format, please contact us at [email protected] or 416-360-4663. If you are contacted by Home Trust regarding a job opportunity or testing and require accommodation in any stage of the recruitment process, please use the above contact information. We will work with all applicants to determine appropriate accommodation for individual accessibility needs.
Apply Now
Share this job
Home Trust Company
  • Similar Jobs

  • Commercial Mortgage Funder

    Toronto
    View Job
  • Commercial Mortgage Funder

    Toronto
    View Job
  • Commercial Mortgage Funder

    Toronto
    View Job
  • Commercial Mortgage Funder

    Toronto
    View Job
  • Commercial Mortgage Administrator

    Toronto
    View Job
An unhandled exception has occurred. See browser dev tools for details. Reload 🗙