Mortgage Funding Administrator

Located in St. Albert, Alberta and Reporting to the Manager, Mortgage Funding, the Mortgage Funding Administrator will work with an extensive portfolio of commercial, multi-family residential and industrial real estate properties across Canada.

You will gain and utilize knowledge of the commercial mortgage industry, construction of commercial real estate projects throughout the country, conditions management, regulatory compliance, and sound decision-making skills to fund mortgages which have been originated through our broker network.  To be successful in this demanding role, you must be extremely organized with a high level of attention to detail, the ability to multi-task under strict time constraints.

If you have experience in any of the following types of roles within commercial real estate such as Quantity Surveyor, Commercial Real Estate Development, Appraiser, legal assistants, leasing assistants, property management or insurance administrators - we encourage you to apply!

 This Position Offers 

• Love where you work! Our office is a modern welcoming environment, located in St. Albert – Suite #106, 205 Carnegie Drive, with free onsite parking.

• Competitive salary plus semi-annual bonus structure.

• Comprehensive benefits package, which includes extended health care (with paramedical coverage), dental, health spending account, Employee & Family Assistance Program as well as life & disability insurance.

• RRSP matching program.

• Join our dynamic supportive work environment where we have regular events, lunches, and team-building activities.

• We foster and mentor your growth & development, often promoting within.

Education and Skills

• Degree or diploma in Business, Office Administration or equivalent is preferred

• Experience in commercial real estate construction, such as Quantity Surveyor, Developer, Appraiser, etc. would be an asset

• Proven ability to read, analyze and understand complex documentation

• Demonstrated strength in critical thinking and problem solving

• Proven communication skills, both verbal & written, including the ability to challenge others with diplomacy and tact when appropriate

• Proven ability to maintain a low error rate under high work volume and short deadlines, using time management skills and a high level of detail orientation

• Ability to develop and maintain a positive working relationship with a variety of internal and external stakeholders, including but not limited to brokers, solicitors, quantity surveyors and investors

• Demonstrated ability to effectively adapt in a high-change environment while maintaining a high level of quality in your work

• High level of self-motivation, with a demonstrated ability to work both independently and as part of a tight-knit team, including the ability and willingness to take direction when necessary

• Proven organizational skills and demonstrated ability to prioritize competing requests under pressure

• Proficiency with Microsoft Office Suite including Outlook, Word and Excel.

 Responsibilities 

• Receipt and review of a wide variety of mortgage loan-related documentation, including legal documents, insurance, quantity survey reports, third party reports (appraisals and environmental reports), etc. 

• Instruct and liaise with third party partners

• Comparison and analysis of documentation received, against agreed-to terms contained in documentation such as a commitment letter

• Liaise with Brokers, Borrowers and Investors to ensure that all supporting documents and pre-funding conditions have been received and satisfied prior to advancing funds

• Review Quantity Survey Reports for all construction loans, including subsequent advances

• Prepare analysis of the construction advances and project status

• Review draft and final legal documents.

• Coordinate and manage all Anti-Money Laundering (AML) documents.

• Coordinate closing process with the applicable investor, ensuring that all investor requirements have been met and investor approval has been received.

• Coordinate loan funding with credit and servicing departments.

• Coordinate locking of the interest rate with the Portfolio Management team, ensuring that all pre-rate lock conditions have been satisfied and investor requirements regarding timing of rate lock are met.

• Ensure compliance with policies and procedures, legal, ethical, privacy and regulatory requirements.

• Maintain funding status on in-house database system.

• Conduct post funding reviews and resolve open post-funding issues as directed.

About Canada ICI

Canada ICI is the country's leading commercial real estate finance firm, annually arranging financing above $9 Billion through its offices in Toronto, Vancouver, Victoria, Montréal, Calgary, St. Albert, Edmonton, Ottawa, Halifax, and Winnipeg. Our proven track record, extensive market knowledge, and ability to creatively bring quality deals together have made us a trusted advisor for some of Canada's most active real estate owners.
Want to Learn More?
Not ready to apply? We invite you to explore what it's like working with Canada ICI. Learn more about our culture, our values, and how we can help you build your career in commercial real estate. Visit www.icicareers.com.

Canada ICI is committed to achieving a diverse and inclusive workforce and strongly encourages applications from diverse candidates. 

Veuillez visiter notre page carrières pour voir d'autres offres d'emploi.