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
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