Responsible for enforcing the conditions of the mortgage contract on residential and commercial loans in default.
Proactively managing a portfolio of residential and commercial delinquent loans in default.
Send appropriate notifications regarding returned payments and/or arrears to borrowers.
Closely monitor the entire portfolio and obtain information as required from third parties.
Obtain and conduct a full review of financial documents and make recommendations for workout.
Conduct reviews of portfolios, including analysis of valuation of the property.
Instruct property managers to conduct occupancy checks on properties as deemed necessary.
Analyze and report regularly on defaulted loans along with recommended solutions to management.

Diploma required in a related discipline.
3-5 years’ experience in mortgage default (not including entry level) (Experience in workouts considered an asset).
Comprehensive knowledge of mortgage enforcement and foreclosure remedies.
Strong analytical problem solving and negotiation skills.
High degree of accuracy and strong attention to detail.
Ability to handle tight deadlines.
Strong organizational skills and the ability to prioritize tasks.
Effective communication skills.
Have intermediate to advanced skills using Microsoft applications including Office, Excel, and SharePoint.
Working knowledge is required.
Bilingual in English and French is preferred

Competitive discretionary bonus
Market leading RRSP match program
Medical, dental, vision, life, and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Professional development and comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

Default Specialist, Bilingual Preferred

Key skills