CMLS Financial

Bilingual

• Coordinate loan closing by instructing solicitor and external property insurance consultant, ensuring all requirements are met, including commitment changes being addressed and deposits received
• Liaise with solicitors, originators, and CMLS Credit Risk Management, to ensure all supporting documents and funding conditions are received and satisfied prior to advancing funds
• Review corporate structure and documentation to ensure compliance with FINTRAC legislation
• Coordinate closings with investors, ensuring all investor requirements are met and investor approvals are received
• Coordinate locking of the interest rate, ensuring all pre-rate lock conditions are satisfied and investor requirements regarding timing of rate lock are met
• Calculate interest adjustments, tax holdbacks and monthly tax components
• Arrange advance approval by senior management prior to requesting funds from the investor and instructing legal counsel regarding the advance
• Ensure accurate information is provided to the CMLS servicing department for set up of all loan details in the commercial loans management system
• Ensure compliance with policies and procedures including legal, ethical, and regulatory requirements
• Review corporate structure and documentation to ensure compliance with FINTRAC legislation
• Act as mentor for Funding Officers
• Assist with training of new hires
• Complete file audits for teammates

Senior Funding Officer, Commercial Mortgages

• Coordinate loan closing by instructing solicitor and external property insurance consultant, ensuring all requirements are met, including commitment changes being addressed and deposits received
• Liaise with solicitors, originators, and CMLS Credit Risk Management, to ensure all supporting documents and funding conditions are received and satisfied prior to advancing funds
• Review corporate structure and documentation to ensure compliance with FINTRAC legislation
• Coordinate closings with investors, ensuring all investor requirements are met and investor approvals are received
• Coordinate locking of the interest rate, ensuring all pre-rate lock conditions are satisfied and investor requirements regarding timing of rate lock are met
• Calculate interest adjustments, tax holdbacks and monthly tax components
• Arrange advance approval by senior management prior to requesting funds from the investor and instructing legal counsel regarding the advance
• Ensure accurate information is provided to the CMLS servicing department for set up of all loan details in the commercial loans management system
• Ensure compliance with policies and procedures including legal, ethical, and regulatory requirements
• Review corporate structure and documentation to ensure compliance with FINTRAC legislation

Senior Funding Officer, Commercial Mortgages

Bilingual Funding Officer, Commercial Mortgages