Hybrid Credit & Securitization Administrator

Posted 2 weeks ago

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About the role

  • Build deep expertise in the MBS/CMB program requirements and the mortgage products eligible for securitization.
  • Stay current on mortgage securitization policies, procedures, and system updates.
  • Provide timely, accurate information to credit unions and internal partners, resolving issues with sound judgment and attention to detail.
  • Act as a subject matter expert for process improvements and new initiatives.
  • Prepare and reconcile monthly reports for credit unions, ensuring data accuracy and compliance.
  • Process and monitor cash flows between credit unions, Central 1, and external partners.
  • Meet strict deadlines for reporting to Computershare, CMHC, and other stakeholders.
  • Work with credit unions to determine pool requirements and ensure mortgage data integrity.
  • Create and manage MBS pools, prepare insurer files, and coordinate with credit unions on results.
  • Ensure all forms and payments are processed accurately and on time.
  • Oversee the MBS P&I Trust Account, ensuring balances, wires, and journal entries are processed correctly and on schedule.
  • Monitor custodial accounts to maintain required balances and compliance.
  • Review and process third-party mortgage purchases, ensuring compliance with documentation requirements.
  • Complete reconciliations and provide regular reports to internal teams.
  • Run delinquency, liquidation, and arrears reports and coordinate with credit unions as needed.
  • Prepare executive and summary reports for leadership.
  • Reconcile accounts and ensure accuracy across all reporting streams.

Requirements

  • Post-secondary education in accounting, finance, or equivalent experience in a related field.
  • At least 3 years of experience in financial administration and reporting.
  • Familiarity with mortgage administration or securitization (experience with CMHC’s NHA MBS Program is a strong asset, but not required).
  • Strong analytical and reconciliation skills, with a knack for spotting details others might miss.
  • Excellent problem-solving and time management skills — you can stay organized and meet deadlines even when priorities shift quickly.
  • The ability to interpret financial data and turn it into clear insights and recommendations.
  • A solid understanding of accounting principles; exposure to treasury concepts is a plus.
  • Advanced Excel skills (including macros) and intermediate knowledge of Word.
  • Great communication and interpersonal skills — you’ll work closely with credit unions, CMHC, Computershare, mortgage insurers, and teams across Central 1.
  • A collaborative, “can-do” mindset — you thrive in a team environment and are adaptable to changing priorities.
  • A high level of professionalism and discretion — you know how to handle sensitive information with confidentiality.

Benefits

  • Work-life flexibility
  • Hybrid work environment
  • Variable annual incentive plan
  • Generous annual vacation allotment
  • Top-notch flexible benefits plan including family building and gender affirmation
  • Retirement Plan, matched contributions at 6%
  • Access to a learning platform and educational assistance support
  • Access to a virtual wellness platform
  • Career development opportunities
  • Wellness Flex Fund to support personal interest and activities
  • Day off to volunteer in your community and other paid time off options
  • Corporate discounts *subject to employment agreement

Job title

Credit & Securitization Administrator

Job type

Experience level

Mid levelSenior

Salary

CA$60,000 - CA$70,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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