SENIOR MORTGAGE ADMINISTRATOR:

($63,393.31 – $73,118.09 Annually)

POSITION SUMMARY

Reporting to the Supervisor Mortgage Administration, the Senior Mortgage Administrator is responsible for the mortgage portfolio for Provincial Rental Housing Corporation (PRHC) Group Homes and non-profit projects, sharing supervision duties with the Supervisor over a pool of Mortgage Administrators and ensuring the smooth operation of the Mortgage Administration Department. He/she/they oversees mortgages for take-out and renewal with lending institutions; coordinates mortgage assumptions and early prepayments of the Canada Mortgage and Housing Corporation (CMHC) mortgages; monitors mortgage document preparation for new home owners under the BC HOME Partnership programs and HousingHub Affordable Home Ownership Program; supervises the preparation of mortgage packages for BC Housing’s financing for social housing developments; and administers the trust accounts. The incumbent provides guidance to the Mortgage Administrators with respect to the day to day administration of the mortgages, and leads the implementation and supervision of staff rotational cross-training. The position is also responsible for reviewing assignment and modification documents; responding to any inquiries from the new lender’s solicitor; recommending policies and procedures; communicating and exchanging information with internal departments and external stakeholders; and providing administrative and financial assistance for the department as required.

CANDIDATE PROFILE

The successful candidate will have the following:

EDUCATION & EXPERIENCE:

• Diploma in financial, legal, business administration or other relevant field.
• Considerable progressive experience in the field of mortgage administration.
• Sound supervisory experience in a unionized environment including coaching, motivating and developing staff.
• Or an equivalent combination of education, training and experience acceptable to the employer.

KNOWLEDGE, SKILLS AND ABILITIES:

• Considerable knowledge and understanding of the principles and practices of mortgage administration and sound business practices
• Considerable knowledge and understanding of mortgage financing, legal terminology and security documents
• Ability to learn and understand the Commission’s programs as they relate to mortgage administration
• Ability to exercise attention to detail and proficiency with figures
• Ability to exercise good judgement and initiative, be results focused and make effective decisions
• Ability to plan, meet deadlines and adapt to changing priorities in order to manage a heavy workload without compromising quality of work
• Ability to work independently with minimal supervision
• Ability to lead, train, coach and motivate staff in a team setting
• Strong investigative and problem solving skills
• Strong project administration/tracking skills
• Excellent oral and written communication skills
• Excellent interpersonal and customer service skills
• Proficient in the use of computer applications including Microsoft Word, Excel and BC OnLine