Mortgage Banker - GTA

Alterna Savings•Toronto, ON

9d•Onsite

About The Position

Alterna Savings and Credit Union Limited (Alterna) has delivered The Good in Banking® for over 115 years, creating financial services that transform lives for the better, all while giving back to our community. Alterna is made up of Alterna Savings and Credit Union Limited and its wholly owned subsidiary, Alterna Bank. Alterna is the first full-service, member-owned cooperative financial institution outside Quebec, sharing its expertise with over 210,000 members through a network comprised of 40 branches across Ontario, a call centre and multiple digital channels. Members and customers also benefit from an industry-leading online brokerage and investment management services. Alterna is incredibly proud of its corporate culture, embodying its core values: Collaboration, Integrity, and Respect, where everyone works together towards a common goal; the financial wellbeing of its employees, members, and customers. This commitment has earned Alterna several prestigious employer awards, including the National Capital Region's Top Employers award for ten consecutive years. Alterna is compliant with the Ontarians with Disabilities Act and its team strives to provide an accessible accommodation experience.

Requirements

Post-secondary education combined with 5 years in a similar role in a financial institution or an equivalent combination of education and experience.
A minimum 7 years’ credit experience including the analysis, approving and/or recommending of credit.
Extensive knowledge of processing/procedures of complex credit products including secured lines of credit, mortgages, and multi-unit residential mortgages (less than 6 doors).
A minimum of 5 years of providing financial advice and demonstrated relationship building experience.
Proven track record in sales and relationship building in meeting assigned goals and managing multiple tasks simultaneously.
Valid Driver License and access to a vehicle to travel between assigned territory branches.
Sound knowledge of various computer applications including Excel, Word etc.
Proven knowledge of and experience practicing the governments regulatory requirements.

Responsibilities

Subject matter expert for retail real estate lending including more complex credit situations.
Provide an exceptional member experience for all member interactions.
Work with members for all their mortgage needs, including mortgages, s-loc’s and bridge loans.
Meet the unique needs of each Member by providing sound credit recommendations and solutions at all levels of complexity, including offering appropriate creditor protection products.
Meet with members to assist them in achieving their mortgage needs and actively refer to branch/partners to deepen the relationship.
Advise and support member/clients in consolidating their financial assets at the credit union and refer business to appropriate team members as required.
Resolve customer issues and administrative requirements (drafting documentation, reports, proposals, and correspondence).
Manage and close all mortgage, secured line of credit and bridge loans of multiple assigned branches including referrals from internal banking partners.
Probe to identify member needs and opportunities and provide solutions or refer to appropriate team members to meet those needs.
Acts as a subject matter expert and coach for staff as relates to real estate retail lending by providing branch mortgage support, education and training.
Enhance the credit knowledge of branch partners to assist them in ensuring our member needs are fully met at all levels of complexity.
Meet and exceed Alterna’s Operational Excellence standards.
Keep up to date with the changes in mortgage regulation, new mortgage products, and the competitive landscape.
Follow strict industry guidelines and rules and ensuring appropriate and compliant financial advice and documentation.
Maintain a thorough knowledge and understanding of all Alterna’s products and services and their related features and benefits in order to deepen and enhance member relationships.
Responsible for overall Secured lending goals being met for assigned branches.
Proactively build solid working partnerships with branch teams and support departments to facilitate the transition of new business.
Develop and execute sales plans to meet and exceed sales goals and conduct regular pipeline management meetings with each branch manager in assigned branches.
Ensure profitability of all transactions by appropriate application of rates (discretionary pricing, risk-based lending) fees and service charges.
Leverage existing resources to actively contact members.
Proactively solicit referrals from existing members to increase Alterna’s mortgage portfolio.
Through proactive relationship management the Banker will retain and grow the mortgage credit book of the branches assigned.
Attend local business events to promote Alterna in the community.