Fulfillment Officer (Mortgage Industry)

Position: Fulfillment Officer Reports To: Manager, Fulfillment & Funding

Company: Magenta Capital Corporation Supervises: 0

Location: Toronto, Ottawa, Perth, ON Travels: 0%

About Magenta

Since 1994, Magenta has been one of Canada’s leading residential private Mortgage Investment Companies (MIC). Our purpose is to connect people with opportunities to build a better tomorrow. We manage a portfolio of primarily residential first mortgages secured by properties located in Ontario. As a leader in the alternative mortgage lending space, Magenta provides easy and reliable financing solutions for broker servicing the need of alternative borrowers. Magenta also provides personalized service and reliable income for investors who are looking for an investment that delivers attractive returns and generates wealth.​​

Magenta is a Great Place to Work certified company with a culture of innovation, inclusivity, empowerment. We offer a rewarding career opportunity that includes a competitive compensation package and remote-first work environment.

Magenta is positioned to leverage its track record, core competencies, and market position to seize opportunities in the alternative mortgage market. We are looking for curious and industrious professionals who want to make meaningful contributions and value personal growth and professional development.

A Message from our founder and CEO:

“If you believe that tomorrow matters,

If you and only you can define your tomorrows and write your own unique, epic life story,

If you want to be part of a dynamic team with that shared conviction,

If you want to be part of a great Canadian business success story,

If you want to be an owner and not just an employee,

Then we want to meet you”

~Gavin Marshall~

About your Role

As a member of the Underwriting department, the Fulfillment Officer reviews, approves, and escalates mortgage documentation received from our broker partners. The objective of the Fulfillment Officer is to review and process mortgage documentation to ensure they meet Magenta’s mortgage asset quality standards, while at the same time optimizing new advances volume.

We’re looking for a Fulfillment Officer with experience working in fast-growing, entrepreneurial environments. The position requires the ability to make consistent and objective risk assessments as part of a high-volume, deadline-driven team.

What you’ll work on:

· Working with brokers to collect all required broker conditions to ensure accuracy and completeness of applications.

· Reviewing all documentation related to broker conditions; responsible for validating and verifying application data as well as ensuring that it matches committed terms and follows established regulatory and company guidelines and policies.

· Updating application details in the mortgage underwriting system when updated information received.

· Escalating any documentation issues, including fraud, to the Underwriter, Team Lead, Manager or Director for review and sign off.

· Escalating any exceptions to Underwriter, Manager or Director for review and sign off.

· Creating and maintaining clear and complete notes within the mortgage underwriting system.

· Responding to all inquiries within established turnaround times.

· Ensuring compliance with privacy, anti-money laundering, anti-terrorist financing and anti-fraud policies.

· Coordinating with team members to release mortgage funds on a timely basis.

· Collaborating with the sales and Underwriting team throughout the process.

· Ensuring that the fulfillment pipeline is current and up to date.

· Providing exceptional customer service on consistent and ongoing basis.

· Collaborating with team and department in supporting the continuous improvement and development of process, workflows and procedures.

· Assisting senior management with ad-hoc requests, special projects and new initiatives as required.

What you should have:

· Experience in mortgage documentation review; ideally alternative mortgages.

· Strong aptitude for service excellence.

· Ability to maintain positive relationships.

· Ability to deal with difficult people.

· Strong organizational and time-management skills while maintaining attention to detail.

· Ability to manage pressure in an environment of high-volume processing with tight turnaround times.

· Detail oriented.

· A common-sense approach to decision making.

· Solution oriented.

· The ability to determine when to take the right risks.

· You are not afraid to make mistakes and learn from them.

· Strong interpersonal and communication skills given the need to optimally manage key relationships with our internal team and mortgage broker partners.

· Experience applying corporate guidelines and policies to your everyday work.

· Proven ability to work both independently and collaboratively within a team environment.

· Ability to build rapport and communicate appropriately with clients and peers.

· Proficiency with the Microsoft Office suite of products.

· University/College Degree in a relevant field or equivalent experience.

What we offer you:

· The opportunity to be a key contributor to our unfolding success story.

· The opportunity to think outside the box – every day.

· MCC’s Employee Share Purchase Plan (“ESPP”).

· Employer-paid benefits.

· Flexible Work Arrangements.

· Compensation commensurate with experience and qualifications.

· An entrepreneurial environment with the opportunity to collaborate across business functions.

If you are committed to tomorrow, please send your resume to hr@magentacapital.ca.

While we thank all candidates who apply, only those who best match the above criteria will be contacted.

We are committed to an inclusive, barrier free recruitment and selection process, and work environment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). We will be happy to assist applicants requesting accommodation at any stage of the hiring process.