Mortgage Operations Specialist

Mortgage Operations Specialist page is loaded## Mortgage Operations Specialist locations:
Victoria:
Vancouver time type:
Full time posted on:
Posted Todayjob requisition :
R0006437
** About Quad Real Property Group
** Quad Real Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia. Its assets under management are $98.5 billion. From its foundation in Canada as a full-service real estate operating company, Quad Real has expanded its capabilities globally for investments in equity and debt in both the public and private markets. Quad Real invests directly through operating platforms in which it holds an ownership interest and via programmatic partnerships.

Quad Real seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

Quad Real:
Excellence lives here.
** The Team
** Real Estate Debt Investments (Mortgages) focuses on the strategic deployment and servicing of mortgages in both the Canadian and US market. These investments are diversified by size, region, and property type with a focus on industrial, office, apartments, and retail. As a stable institutional investor, we can negotiate high-yielding investments that provide attractive security on a risk-adjusted basis.
** Role Description
** Reporting to a Senior Mortgage Operations Specialist, the Mortgage Operations Specialist (MOS) is responsible for the administration and servicing of Quad Real’s debt portfolios by tracking and monitoring mortgage cash flows, disbursements, and other key data.  The MOS is responsible for data entry into the loan management system (PLM) and performing a range of technical functions in support of the overall goals of the department.

The MOS is in daily contact with other departments and external parties and must maintain accurate records in all aspects of customer service, ensuring documentation and internal control procedures are met. To ensure compliance, a thorough understanding of anti-money laundering regulations is required. The MOS is responsible for ensuring departmental policies, procedures and documents are updated and maintained on SharePoint.
** Responsibilities
* ** Coordinates the collection of principal and interest payments, fees and taxes including the completion and distribution of cash and transactions to other departments as required; and
* Monitors payment due dates and resolves late payment situations; and
* Ensures escrow accounts are maintained where necessary and reported to required regulatory bodies; and
* Monitors, reviews and records insurance policies, property taxes, financial statements and other documentation and events in accordance with compliance requirements; and
* Prepares documentation and calculations for funding of loan advances, pre-payment penalty calculations and discharges and ensures internal control procedures have been met within time critical deadlines; and
* Obtains, records, and documents all due diligence items (such as consultant and credit reports) as required by Portfolio Manager(s) for all loans; and
* Liaises with solicitors, borrowers, and third-party consultants as required and responds to borrower, auditor and accountant information requests; and
* Liaises with the IT department as required to resolve technical issues with PLM; and
* Actively adheres to compliance and risk management policies, ensures PLM integrity remains intact as “book of record” and participates in business continuity planning.
** Experience and Qualifications
** Technical Expertise:
* Effective performers are knowledgeable and skilled in the use of software, tools and processes.  They add value through their expertise in loan servicing and remain current in their knowledge of the industry.

Communicativeness:
* Effective performers are proactive in sharing information and are easily accessible, approachable and open.  They respond to communications promptly and effectively and escalate needed information to the appropriate person in a timely manner.

Team Work:
* Effective performers are team oriented.  They identify…