Job Posting Details

Credit Administrator, BlueShore Financial

Location:North Vancouver, British Columbia
Posting Date:December 11, 2018
Closing Date:until filled
Employment Type:Full-time

Credit Administrator

The Credit Administrator is a great opportunity to work in the beautiful head office located at 1250 Lonsdale. This role ensures the effective administration of BlueShore Financial’s retail and commercial loan portfolio. This position provides centralized service and administrative support to branches and other internal departments .The department oversees all post approval activities that occur during the life cycle of the loan. Loan servicing functions include: instructing, funding, payment processing, fire insurance notification, renewal processing, payouts and discharges. In addition, the team provides support and guidance to staff regarding loan administration related procedures, documentation and system inquiries.

Key responsibilities of this role are:

  • Provides administrative support and guidance to branches for all loan related post approval activities including; instructing, funding, payment processing, fire insurance notification, renewal processing, payouts and discharges.
  • Acts a resource to lenders on Credit Administration related policies and procedures including in depth knowledge of the mortgage registration process and required documentation.
  • Manages relationships with solicitors and prepares security documentation for new mortgage funding
  • Processes new mortgage funding, re-advances and personal loan funding and provides risk oversight by ensuring correct security and documentation are in place.
  • Prepares payout statements to both branches and solicitors ensuring pre-payment penalties are calculated correctly and accurately.
  • Prepares discharges of mortgages while ensuring proper security is released
  • Audits files to ensure all required branch and legal documents are received. Includes follow up with branch and solicitor for necessary missing documents.
  • Provides administrative support to branches by processing mortgage and loan related payments and alterations, including external PAD set up
  • Liaises with third party service providers including CUMIS, First Canadian Title, solicitors, Canadian Mortgage and Housing Corporation (CMHC), Genworth, and Canadian Securities Registration Systems (CSRS) on behalf of branch staff.
  • Participates in work team solutions that support efficient centralized lending administration

Qualifications and Experience

  • 2 years in the financial services industry or related industry
  • Previous experience in Customer Service
  • Some exposure to lending would be an asset, but not required
  • Solid understanding of lending products

What can BlueShore Financial can do for you? 

  • A Performance Rewards Program which pays a variable cash reward recognizing the achievement of corporate, team and individual goals.
  • Limitless career progression opportunities.
  • Comprehensive Total Rewards Program including bonuses, pension, flexible benefits and competitive compensation.
  • Opportunity to work in a world class, award winning organization.

What BlueShore Financial needs from you:

  • Accountability, in all directions.
  • “Can do” attitude.
  • The drive to provide a premium level of service regardless of location or position.
  • Professional appearance and manner.

Got awards? At BlueShore Financial we are constantly innovating, connecting and improving to deliver exceptional client and employee experiences. As a result, we have grown to become an award winning organization, garnering both local and national attention for our progressive practices.

Be Richly Valued. At BlueShore Financial, our employees are as important as our clients. We strive to create a workplace culture of openness, empowerment, trust and passion.  Our values unite our organization and are our guiding compass.  But it is our exceptional staff that bring our corporate values to life. They are passionate about delivering exceptional client service and a banking experience that promises to impress.  And this level of engagement shows. We've been formally recognized making Aon's "50 Best Employers in Canada" list seven years in a row and as one of "Canada's Most Admired Corporate Cultures" in Canada by Waterstone Human Capital. 

From the moment you walk into one of our Financial Spas™, you’ll know you’ve arrived at a special place, where all the elements work together to stimulate the senses and create a distinctive atmosphere unlike any financial institution you’ve experienced. We embrace the west coast lifestyle, while providing a premium and sophisticated experience for our clients and employees. You may not recognize us, but we've been serving the lower mainland for almost 75 years!  But this isn’t the Credit Union of your childhood.  We’re different and better.