Analyst, Treasury - RFA Mortgage Corporation

RFA•Toronto, ON

17d•$65,000 - $70,000•Hybrid

About The Position

We’re looking to fill an Analyst, Treasury position at RFA Mortgage Corporation! RFA Mortgage Corporation, a division of RFA (Realty Financial Advisors), specializes in Prime lending (Insured, Insurable and Uninsurable). Our goal is to be a long-term leader in the residential lending market by offering more than just competitive rates and compensation. At RFA Mortgage Corporation, we focus on delivering a unique value proposition in the Prime mortgage space, committed to innovation and exceptional service to meet a diverse range of borrower needs. In this role, the Analyst, Treasury will support the company’s mortgage funding (including investor management & reporting, premium settlement, and securitization), treasury (including cash management and liquidity reporting) operations and will be required to support renewal pricing/ exception pricing management.

Requirements

Bachelor’s degree or consideration of an equivalent combination of education and experience.
3-5 years of experience in mortgage finance company or regulated banking industries.
Knowledge of the mortgage origination, loan administration, and mortgage financing (CMB/MBS, conduit securitization) processes would be an asset.
Demonstrated competency relating to multiple tasks conducted within a Treasury and/or Finance department, i.e. Reconciliation, Reporting, Product Analysis, Forecasting, Cash Management, etc.
Proficiency using Microsoft Excel, SQL for data reporting and modelling.

Nice To Haves

Strong proficiency using Microsoft Office Suite (Excel, PowerPoint, Word).
Excellent math/analytical skills.
Positive and enthusiastic attitude with willingness to learn.
Strong communication, inter-personal and people skills.
Ability to multi-task, work under pressure and meet deadlines required,
Ability to work independently with strong attention to detail.
Team player.

Responsibilities

Mortgage Funding Operations
Funding Management and Loan Allocation to third party investors, including investor assignment, loan sale settlements, and ensuring timely and accurate flow of funds to closing agent.
Implement term sheets updates and periodic mortgage rate changes.
Identify opportunities to optimize product and portfolio P&L.
Ensure ongoing compliance with external investor requirements and loan criteria both pre- and post-closing.
Assist the Manager in operationalizing various reporting, investor onboarding, securitization, and funding initiatives.
Securitization administration, including MBS/CMB allocations and reporting.
Default insurance administration, pricing, and reporting.
Treasury Operations
Support the day-to-day cash management and operational activities of the Treasury Team
Develop or assist in operational, financial and treasury reporting.
Create, improve, and maintain effective treasury and reporting procedures and processes.
Minimize idle company cash balances by analyzing requirements, executing daily concentration of cash, and borrowing transactions, and initiating bank transfers through application of appropriate internal controls.
Responsible for day-to-day reporting and operations of securitization, whole loan sale and other credit facilities.
Work with Finance group to support Journal Entry and Financial Accounting processes and reporting.
Other
Monitor and quantify the impact of internal (product pricing, compensation, promotions, product/offer enhancements, etc.) and external (interest rate or regulatory changes) events that may impact the company’s P&L.
Conduct mortgage data analysis for internal and external stakeholders.
Special projects and new product lines as assigned.
Maintain and foster relationships with internal and external stakeholders through daily reporting and communication.