Representative, Default Management

Toronto, ON, Canada

Job Description


Working together to be our best!

First National is Canada\'s largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members. Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork, First National team members are supported to lead, learn and grow.

If you are ready to join First National\'s dynamic team, while working hard and having fun doing it, we invite you to apply online and let us know how you can be part of our success story.

We are hiring a Representative, Default Management!

Reporting To:

Manager, Default Management

Full-Time/Part- Time:

Full-time

Posting Date:

March 21, 2023

Closing Date:

April 4, 2022

Hours of Work:

8:30 a.m. - 5:00 p.m.

Grade:

Office Location:

5

Downtown Toronto

Great location! Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!

*Eligibility for benefits is dependent on the terms of employment

The Opportunity:

The Default Management Representative will be managing the day-to-day processes for files in legal action. You will be primarily communicating with vendors to ensure the effective administration of legal files.

Primary Duties and Responsibilities:

  • Management of Foreclosure/REO Portfolio in an efficient and timely manner within the parameters of regulatory requirements and defined policies
  • Communication with property preservation vendors including property managers, lawyers, insurers and realtors
  • Play a key role in risk management as it relates to securing valid enforceable security on every mortgage, including securement of vacant properties
  • Make prompt decisions on mortgage file matters requiring approval as appropriate and permitted
  • Order & monitor, property inspections, common element fee payments, status of legal files and by-law code violations.
  • Ensure vendors are obtaining the appropriate authorization to complete work and invoicing is within allowable costs
  • Other duties or tasks as assigned by management.
The Requirements Needed:
  • 2 years\' experience in mortgage processing and administration
  • Extensive knowledge and experience in default management which encompasses collections and legal action preferred
  • Post-secondary education preferred
  • Proficient in MS Office applications, specifically Outlook, Word and Excel
  • Ability to work independently and know when to make decisions and when to seek input from others.
  • Ability to establish healthy working relations and partnerships.
  • Demonstrated planning and organizational abilities
  • Excellent written and verbal communicator.
  • Effectively manage multiple activities while under time constraints.
  • Attention to detail
  • Strong Conflict Resolution Skills
  • Ability to work in a fast-paced environment
Why join First National?
  • Bright open concept office environment
  • Large kitchens with a coffee and latte maker to enjoy at no cost
  • Supportive teamwork focused environment
  • Collaborative entrepreneurial spirit
  • Opportunities to give back to the communities and work through events focused on a variety of charities
  • Ongoing social events throughout the year
  • Extensive training programs to set our employees up for success
First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at .

We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.

#FNLOON

Other details
  • Pay Type Salary
  • 16 York St, Toronto, ON M5J, Canada

First National

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Job Detail

  • Job Id
    JD2151699
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned