Mortgage Funding Administrator This position is responsible for contributing to the success of MCAP while funding various types of single-family residential mortgages, including bridge financing.The Closing Coordinator will be required to ensure data integrity of legal documents and client identification documents.

The Closing

Coordinators are vital in promoting a professional image to all our business while building and maintaining quality relationships.In addition to reviewing documentation, this role is also accountable for clearing the applicable administrative system tasks.

The Closing

Coordinator will also receive and administer all phone calls and emails from law firms and Title Insurers from the instruction stage through to the funding stage.

The Closing

Coordinator will be required during this process to provide detailed information and training to various paralegals and law firms on how to complete our documentation and be able to answer any questions they may have about the transaction.The position is responsible to prioritize the instructing of the file and review all the completed mortgage documents and any from the law firm, Title insurers and Underwriters based on client requests. They are required to understand the transaction, the changes and ensure these meet all our policies. All of the job requirements must be met while providing superior customer service to the law firms, title insurers and internal staff.

Review and verify loan documents and information provided by solicitors, notaries or title insurers, to ensure all pre-funding requirements are met in time for the funding date. Ensure fully completed Customer Identification (Know Your Client) documentation is provided prior to funding.Upon receipt of Mortgage Drafts and Request for Funds,



review closing dates on documents provided against what is noted on the system to confirm dates have not changed or refer the file back to the Solicitor Review and ensure the first payment date mirror the committed terms as well as correctly identify if client is responsible for property taxes before advancing funds. Ensure the names on the draft mortgage, Customer Identification Verification Form all match to what we have on file, and note any supporting AKA if name differs from application at time of review.

Confirm subject property and mailing address, match to what is on the system.Respond to any questions or requests law firms/title insurers or internal staff members may have to ensure timely and accurate completion of each mortgage transaction Ensure material changes are communicated to the solicitor after the initial instructions are sent. Follow up with law firms/Title insurers 5 day prior to funding and 3 days prior to funding to confirm the mortgage will fund on time and for the receipt of the requisition for funds. Any files with outstanding conditions refer to the manager or underwriter immediately Review payout statements from the statement department and update information in the origination system as required.

Ensure all files are ready to fund by EFT/Wires 1-2 business days prior to funding Verify that the solicitor’s trust account information is accurate before determining that funds may be deposited.Promptly setup delayed closings for files with funds disbursed being returned and ensuring underwriting and finance has advised of funds being returned and new closing date. Ability to liaise with third parties such as FCT, FNF,



solicitors and notary offices to ensure a smooth funding process and provide a customer service level that demonstrates our strive to be “best in class.” Ensure Know Your Customer documentation is received 48 hours prior to funding whenever possible and always prior to funding the mortgage Assist with any questions regarding conditions or MCAP policy and guidelines to ensure timely / accurate closing as scheduled Banking, Accounting experience or education in Business Administration would be an asset Experience dealing with clients by phone or in person would be an asset Should have minimum 1-year previous work experience in the service industry Accountable for own performance Computer proficiency a MUST Must have keyboarding skills to enter date while simultaneously navigating through various systems and communicating over the telephone Proficient in Word and Excel, Outlook Must have a sense of accountability for files funding on time with the correct rate, amount and data accuracy. As a high performing team player during coaching sessions you will be required to provide constructive feedback using detailed examples on areas the team can improve on.

Strong customer service skills.

Accredited Mortgage

Skilled (AMP) would be an asset If this sounds like you and you are looking to be a part of one of Canada’s largest independent mortgage finance companies, then we want to hear from you! MCAPis Canada’s largest independent MortgageFinance company withover $150 billion in assets under management providing mortgage solutions forresidential and commercial properties. For over 35 years,MCAP originates, trades, securitizes and services mortgages in offices acrossCanada.

MCAP originates residential mortgages exclusively through the mortgagebroker channel as we believe that a professional mortgage broker is aconsumer's best option and MCAP actively promotes the services of mortgagebrokers across the country. Our teams ofdedicated professionals serve a variety of developer, construction and lenderclients across Canada.

Permanent Full Time

It is not designated to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

📌 Mortgage Funding Administrator (Vancouver)
🏢 MCAP Group of Companies
📍 Vancouver