Joining MCAP means you will be a part of our diverse workforce of highly talented individuals who are recognized for their expertise and success! At MCAP, your professional expertise, commitment to teamwork and passion for service excellence are recognized and rewarded with competitive total rewards offering, a career with continuous learning and development (formal & informal training), and exciting opportunities in a dynamic, entrepreneurial environment.
This position is responsible for reviewing and entering all BMO allocated mortgages into the BMO CCAP system for approval ensuring accuracy and completeness, communication of conditions to Underwriters, reviewing escalated Appraisal documents to ensure it meets BMO eligibility.
Review and Process NOVA and ATLAS BMO allocated loans
Process loans on both NOVA and ATLAS systems for completeness and submit to BMO through Two Lane and CCAP systems
All aspects of the loan must be coded appropriately as required by BMO
Examine applications ensuring that all information is complete to allow for one time keying
Note any shortfalls in information/accuracy to allow a one-time conversation with underwriters to complete information.
Contact Underwriter for Missing Information, Clarifications/Explanations
Email/telephone underwriter(s) requesting information to complete the application input into CCAP
Input Applications into BMO CCAP System
Communicate any fraud related/additional information not known to underwriter(s) or time delays re turn around time by email to ensure integrity of MCAP portfolio and to keep brokers in formed re time delays
Communicate to underwriters the CCAP decision to allow their communication with the brokers
What You Bring To The Team
Data entry experience would be an asset
Proficient with Outlook, MS Word, MS Excel, Mercury and CCAP
Exceptional oral and written communication skills
Excellent organizational and time-management skills
Ability to multi-task in a fast paced environment
Strong analytical and problem solving skills
Proven ability to foster relationships
Strong customer service skills.
Self-driven, motivated with the ability to work independently and in a team environment
Carries out duties with integrity and takes responsibility for actions.
High school or College diploma
If this sounds like you and you are looking to be a part of one of Canada’s largest independent mortgage finance companies in Canada, then we want to hear from you!
Be A Part Of Something Great
MCAP has grown to become one of Canada’s largest independent mortgage finance companies a real Canadian success story! MCAP is an independent, Canadian based mortgage finance company with more than $15.4 billion of annual originations and over $66 billion in assets under administration. MCAP provides mortgage products and services to a broad range of institutional investors and lenders for residential and commercial properties across Canada. Founded in 1981, MCAP has over 700 employees and originates, funds, trades, securitizes and services mortgages in offices across Canada. MCAP is also a leader in Canadian construction and development lending with over 20 years in the business. Our teams of dedicated professionals serve a variety of developer, construction and investor clients across Canada.
Position #: req142
Employment Status: Permanent Full Time
Location: Toronto; Ontario
Number Of Openings: 1
Internal Job Title: CCAP Administrator
The above information in this description has been designed to indicate the general nature and level of work performed by employees in the position. It is not designated to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.