Job Description

About QuadReal Property Group QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $67.1 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating companies in which it holds an ownership interest. QuadReal 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. QuadReal: Excellence lives here.
Description: Reporting to a Senior Mortgage Operations Specialist, the Mortgage Operations Specialist (MOS) is responsible for the administration and servicing of QuadReal\xe2\x80\x99s debt portfolios by tracking and monitoring mortgage cash flows, disbursements, and other key data. The MOS is responsible for data entry into the mortgage 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 clients and must maintain accurate records in all aspects of customer service, ensuring documentation and internal control procedures are met. In order to ensure compliance, a thorough understanding of pool policies and anti-money laundering regulations is required. The MOS is responsible for ensuring departmental policies, procedures and documents are updated and maintained on SharePoint. QUALIFICATIONS

• Minimum 3 to 5 years financial sector experience
• Seasoned understanding of mortgages, loan documentation, banking practices, treasury functions and accounting principles
• Strong organizational and technical skills
• Proficiency in Microsoft Excel
• Experience in Commercial Mortgage servicing preferred
• Experience in commercial banking or investment operations preferred
• Experience in Construction mortgages, CMBS and Syndications/Participations an asset.

PRIMARY RESPONSIBILITIES

• Coordinates the collection of principal and interest payments, fees and taxes including the completion and distribution of cash and mortgage tickets to other departments as required
• Monitors payment due dates and resolves late payment situations
• Ensures escrow accounts are maintained where necessary and reported to required regulatory bodies
• Monitors, reviews and records insurance policies, property taxes, financial statements and other documentation and events in accordance with compliance requirements
• Prepares documentation and calculations for funding of mortgage advances, pre-payment penalty calculations and discharges and ensures internal control procedures have been met within time critical deadlines
• Obtains, records and documents all due diligence items (such as consultant and credit reports) as required by Portfolio Manager(s) for all mortgages
• Liaises with solicitors, borrowers, and third-party consultants as required and responds to borrower, auditor and accountant information requests
• Actively adheres to compliance and risk management policies, ensures PLM integrity remains intact as \xe2\x80\x9cbook of record\xe2\x80\x9d and participates in business continuity planning
• Respond to communications promptly and effectively and escalate needed information to the appropriate person in a timely manner.

QuadReal will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact. QuadReal has introduced a mandatory COVID-19 vaccination policy that requires full vaccination against COVID-19 for everyone working in our offices or sites. Accordingly, a successful candidate offered employment at QuadReal will need to provide proof of full vaccination prior to commencing employment, subject exemptions permitted under applicable employment and human rights legislation. Want to learn about our end-to-end recruitment process? Click this link for a short video that will take you through each step, so you\xe2\x80\x99ll know exactly what to expect.