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CMLS

Technology-enabled mortgage lending and capital solutions

Administrator - Commercial Mortgage Operations

Retail & Commercial BankingUpdated on Nov 14
Full-timeIn-person

About the Job

Requirements

  • Proficiency in analytical and numerical skills.
  • Intermediate to advanced Microsoft Office skills.
  • Excellent written and verbal communication skills in English and French.
  • An undergraduate degree or nearing completion in Real Estate, Business Administration, Mathematics, Accounting, Insurance, or Economics.
  • Experience in the banking, credit union, or financial services industry is an asset.
  • Experience in construction loan operations is an asset.
  • Experience in loan funding is an asset.

Responsibilities

  • Work with borrowers and external clients to secure documentation needed for compliance with loan agreements, including collecting, verifying, and tracking financial and property data, property tax payments, insurance renewals, and loan security documents.
  • Facilitate funding of mortgages originated through third-party clients and assist with administering construction advances.
  • Record post-funding transactions in the commercial loans management system, documenting and cross-referencing security and borrower details, payment terms, holdbacks, undertakings, and other relevant information.
  • Manage and execute follow-up tasks associated with the mortgage lifecycle.
  • Calculate interest adjustments, prepayment penalties, monthly tax components, or interest accruals.
  • Oversee monthly remittances, reconcile trust accounts, and manage automated and manual reporting for internal and external clients.
  • Ensure correspondence to borrowers and lenders adheres to company policies.
  • Process post-closing lending-cycle transactions according to team function requirements.
  • Develop proficiency in other team functions to serve as a function floater, including Borrower Relations, Collections and Investor Relations, and Collateral Management.
  • Implement controls to safeguard the mortgage loan system's integrity and information accuracy.
  • Conduct peer checks within the team.
  • Attend team and department trainings and meetings, and provide recommendations for enhanced practices.
  • Organize physical and electronic client files and databases.
  • Manage internal and external client and customer relations to facilitate information requests.
  • Respond to routine data collection requests and input data into spreadsheets, standard reports, and internal systems.

About the Company

CMLS

Technology-enabled mortgage lending and capital solutions

CMLS provides capital solutions for property owners, developers, and real estate investors in Canada, offering a full suite of mortgage services and managing over $38 billion in assets under administration. It underwrites and funds mortgage-based financing and related services through a technology-enabled lending platform that supports banks, investment managers, insurers, and pension funds. It differentiates itself by combining large scale with deep relationships across major Canadian financial institutions, while emphasizing a people-first culture within a technology-enabled lending group. Its goal is to build the Canadian mortgage ecosystem of the future by delivering practical, scalable mortgage solutions and supporting the success of its clients and its team.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Vancouver, Canada
Founded
1974

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