Residential Mortgage Officer

The Work

The Residential Mortgage Officer is responsible for maintaining and updating mortgage files from the commitment approval stage to the time the loan is funded. This mainly includes the reviewing of files, correspondence with mortgage brokers to request outstanding documents, and the adjudication of documents as per FINTRAC, internal AML/ATF guidelines, and EQB policies and procedures. The Residential Mortgage Officer also plays an integral role in the mitigation of fraud within the Single‑Family Residential Department.

• Daily, the incumbent will obtain and review required documentation with a strong emphasis on anti‑money laundering (AML) and anti‑terrorist financing (ATF) requirements, including but not limited to income, down payment verification and client interviews. The incumbent will ensure that documentation adheres to corporate guidelines and will mitigate any concerns surrounding suspected misrepresentation when required. (35%)
• On...