4h ago
Defaults Administrator
Toronto
~$45,000-$55,000 / yearest.
E
full-timemid HybridBanking
🛠 Tech Stack
💼 About This Role
You'll prepare default statements and process delinquent loan payments for residential and commercial mortgages. Your work ensures accurate financial transactions and reporting, supporting Default Officers and Managers. You'll join a challenger bank serving over 800,000 customers with a hybrid work model.
🎯 What You'll Do
- Prepare mortgage statements for loans in arrears within specified timelines.
- Post financial transactions including payments across multiple systems.
- Identify shortfalls and refunds and notify Default Officers promptly.
- Update loan status, Risk Code, and BCAR weightings on appropriate systems.
📋 Requirements
- 2-3 years experience in the mortgage industry.
- Degree or diploma in a related discipline.
- Intermediate Excel skills including formulas and data management.
- Knowledge of MS Outlook and Word.
✨ Nice to Have
- Experience with mortgage servicing software.
- Knowledge of default management processes.
- Bilingual (French/English).
🎁 Benefits & Perks
- 🏖️ Hybrid work model (Toronto).
- 🏦 Competitive compensation and benefits package.
- 📈 Career growth in a growing bank.
- 👥 Team-oriented culture with support.
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