Apply By: Wednesday, April 14, 2021 11:59 pm EDT

SENIOR MORTGAGE LOAN ADVISOR

Organization:
Ministry of Municipal Affairs and Housing
Division:
Housing Division: Community Housing Policy Branch
City:
Toronto
Job Term:
1 Permanent
Job Code:
6A001 - Finance06
Salary:
$74,136.00 - $109,246.00 Per Year
Posting Status:
Open Targeted
Job ID:
162367
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 Loan Advisor with the Ministry of Municipal Affairs and Housing.

What can I expect to do in this role?

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.

How do I qualify?

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:

Address:
  • 1 Permanent, 777 Bay St, Toronto, Toronto Region
Compensation Group:
Association of Management, Administrative and Professional Crown Employees of Ontario
Schedule:
6
Category:
Finance and Economics
Posted on:
Monday, March 29, 2021
Note:
  • Effective, April 1st, 2021 the correct salary range for this position will be $74,136 to $109,246 per year in compliance with AMAPCEO collective agreement provisions.

    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.

    C-MA-162367/21

How to apply:

  1. You must apply online by visiting www.ontario.ca/careers. You must enter the job id number in the Job ID search field to locate the job ad.
  2. Your cover letter and resume combined should not exceed five (5) pages. For tips and tools on how to write a concise cover letter and resume, review the Writing a Cover Letter and Resume: Tips, Tools and Resources.
  3. Customize your cover letter and resume to the qualifications listed on the job ad. Using concrete examples, you must show how you demonstrated the requirements for this job. We rely on the information you provide to us.
  4. Read the job description to make sure you understand this job.
  5. OPS employees are required to quote their WIN EMPLOYEE ID number when applying.
  6. If you require a disability related accommodation in order to participate in the recruitment process, please Contact Us to provide your contact information. Recruitment Services staff will contact you within 48 hours.

All external applicants (including former employees of the Ontario Public Service) applying to a competition in a ministry or Commission public body must disclose (either in the cover letter or resume) previous employment with the Ontario Public Service. Disclosure must include positions held, dates of employment and any active restrictions as applicable from being rehired by the Ontario Public Service. Active restrictions can include time and/or ministry-specific restrictions currently in force, and may preclude a former employee from being offered a position with the Ontario Public Service for a specific time period (e.g. one year), or from being offered a position with a specific ministry (either for a pre-determined time period or indefinitely). The circumstances around an employee's exit will be considered prior to an offer of employment.
Remember: The deadline to apply is Wednesday, April 14, 2021 11:59 pm EDT. Late applications will not be accepted.

We thank you for your interest. Only those selected for further screening or an interview will be contacted.

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Accommodation is available under the Ontario Human Rights Code.
Note: The only website where you can apply on-line for positions with the Ontario Public Service is http://www.gojobs.gov.on.ca

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