Apply By: Thursday, September 14, 2023 11:59 pm EDT
Competition Status: Position Filled

Approximately 84 individuals applied for this opportunity.

We have completed the recruitment process and successfully hired the top candidate into the position.

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Thank you for your interest in the Ontario Public Service.

Senior Mortgage Loans Advisor

Job ID:
203664
Organization:
Ministry of Municipal Affairs and Housing
Division:
Community and Supportive Housing Division / Community Housing Policy Branch
City:
Toronto
Position(s) language:
English
Job term:
1 Temporary assignment/contract up to 12 months
Job code:
6A001 - Finance06
Salary:
$76,382.00 - $112,555.00 Per year

Do you have solid mortgage and loan expertise and are you looking for an opportunity to apply your skills in a new and challenging way? If so, consider the role of Senior Mortgage Loans Advisor with the Ministry of Municipal Affairs and Housing.

Want to learn more? Join us!

Date: Monday, September 11, 2023
Time: 12:00 PM-1:00 PM

Remember to add this event to your calendar

Meeting Link : Click here to join the meeting
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Meeting ID: 217 826 083 486
Passcode: HYUQvU

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* This session is optional and has no impact on hiring decisions

How we support diversity, inclusion and accessibility

We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.

We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.

Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.

We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code. Refer to the "How to apply" section if you require a disability-related accommodation.

About the job

You will:
• oversee and implement the social housing mortgage renewal process on behalf of Service Managers.
• provide mortgage renewal and mortgage loan expertise, advice and guidance to Service Manager clients, housing sector organizations and other partners regarding mortgage instruments and redevelopment and refinancing strategies, and mortgage-related issues associated with the borrower's financing needs.

What you bring to the team

Specialized Knowledge:

• You have knowledge of accounting and financial management principles and practices, with specialized knowledge of mortgage financing and loan administration.
• You have knowledge of real estate practices and debt management to provide mortgage renewal and loan expertise, advice and guidance on mortgage loan instruments and redevelopment strategies.
• You have the ability to apply knowledge of ministry social housing and related housing programs, relevant legislative authorities (e.g., Social Housing Agreement, Housing Services Act, Bank Act, Mortgages Act, Construction Lien Act) and the branch's mortgage renewal process.
• You have computer proficiency to ensure the maintenance of various tracking systems and the generation of spreadsheets and reports.

Interpersonal and Communication Skills:

• You have the proven ability to use tact, diplomacy and professionalism to appropriately represent the ministry in dealings with external stakeholders.
• You have influencing skills to negotiate with external stakeholders and provide subject matter expertise and sound advice to clients and partners.
• You have the demonstrated ability to develop and maintain strong working relationships while managing competing financial and political interests and strict deadlines in a facilitative and constructive manner.
• You have communication and presentation skills to design, develop and deliver a range of training and information sessions.
• You have written communication skills to prepare a variety of materials, including briefing notes, issue notes and ministerial correspondence.

Analytical and Problem-Solving Skills:

• You have the demonstrated ability to perform financial analyses related to mortgage renewals investment reconciliations, amortization schedules, variable interest rates and credit worthiness reports.
• You have the ability to develop financing strategies and options that meet stakeholder needs while ensuring compliance with relevant legislation.
• You have the ability to apply analytical and problem solving skills to develop and facilitate risk management strategies and the resolution of mortgage renewal issues affecting social housing.

Additional information:

Apply by:
Thursday, September 14, 2023 11:59 pm EDT
Position details:
  • 1 English Temporary, duration up to 12 months, 777 Bay St, Toronto, Toronto Region
Compensation group:
Association of Management, Administrative and Professional Crown Employees of Ontario
Work hours:
Category:
Finance and Economics
Posted on:
Wednesday, August 30, 2023

Note:

  • The information that you provide for the purpose of this competition and the results from this competition may be used to fill other positions. These positions may be of various tenures including short-term assignments. Your information and the results from this competition will be retained for the purpose of filling vacancies in accordance with the applicable collective agreement or policy provisions.
  • E-MA-203664/23


Language requirements and assessment:
All external Ontario Public Service (OPS) job ads are posted in English and French. Check the "position(s) language" section at the top of each job ad for the language requirements. For all roles, candidates are assessed in English, the business language of the OPS. If the position is bilingual (English/French), you'll also need to pass a French-language proficiency test.

Exigences en matière de langue et évaluation:
Toutes les offres d'emploi externes de la fonction publique de l'Ontario (FPO) sont affichées en français et en anglais. Consultez la section « Langue du ou des postes » en haut de chaque offre d'emploi pour connaître les exigences linguistiques. Pour tous les postes, les candidats sont évalués en anglais, la langue d'affaires de la FPO. Si le poste est bilingue (anglais/français), vous devrez également passer un test de compétences linguistiques en français.


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