Specialist, Structured Financial Services (15 Months Contract)

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we're connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Now Hiring: Specialist, Structured Financial Services

Responsible for the administration of mortgage backed securities and other securitization instruments for assigned institutional clients while providing guidance and support to other team members.

Specific Duties & Responsibilities

• Administer Mortgage Backed Securities (MBS) and Title Custodial services for multiple issuers and Investors in accordance with company policy and procedure

• Point of contact for assigned clients and Canada Mortgage and Housing Corporation ("CMHC")

• Interface with issuers, originators, central payor and transfer agent ("CPTA") and respective internal groups daily

• Address client concerns and escalated issues as necessary and ensure a resolution in a timely manner

• Generate and review reports for NHA MBS and submit to CPTA, CMHC and other parties as required

• Review and transmit data to CMHC, mortgage insurers, CPTA through a third party system

• Perform tasks related to mortgage title custody services, including data processing, documentation review, executing client requests for mortgage transfers, discharges, amendments etc...

• Track and monitor maturing mortgages to ensure all activities are processed in accordance with the investors' policy and in a timely manner

• With Manager, establish priorities and organization of the team's daily work

• Assist other team members where necessary and monitor day-to-day operational tasks to completion

• Provide training to new team members and identify and administer cross training needs

• Assist with client onboarding to satisfy client specific documentation and deadline requirements as per individual agreements

• Perform backup duties as required when the Manager is absent or unavailable

• Work with the system provider for required testing, implementation of updates, identify opportunities for operational improvements

• Comply with the set service/performance standards, internal controls, procedures and policies and regulatory requirements

• Other duties and responsibilities as assigned

Skill Requirements and Key Competencies

• College diploma or university degree, or equivalent experience

• 1 to 3 years of experience in a similar role, specifically experience with CMHC's NHA MBS Program

• Proficient in Microsoft Office Suite, required

• Experience with mHub application, an asset

• Mortgage funding/administration/servicing experience, required

• Understanding of MBS issuance process (including form submission), and working knowledge of the mortgage origination process, required

• Excellent written and verbal communication skills

• Able to develop and maintain strong relationships with internal and external clients with the proven ability to understand clients' needs and develop the appropriate solutions

• Strong decision making and problem solving skills

• Highly organized with strong attention to detail

• Thrives in a team environment as well as an effective independent worker

• Poised, works well under pressure

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world's most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.