Senior Mortgage Loans Advisor

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

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Meeting ID: 217 826 083 486
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* This session is optional and has no impact on hiring decisions

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:

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.

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.

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 Thursday, September 14, 2023 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.