Reporting To: Manager, Investor Relations
Full-Time/Part- Time: Full-time
Posting Date: July 18, 2025
Closing Date: August 1, 2025
Hours of Work: 8:30 a.m. – 5:00 p.m.
Grade: 6.6
Office Location: Toronto Great location! Steps away from the main public transit station
What we offer:
Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!
- Eligibility for benefits is dependent on the terms of employment
The Investor Relations Associate Analyst is responsible for supporting the team in all accounting, reporting and remittance pertaining to the Investor-Client mortgage portfolios.
How you will contribute:
- Prepare and reconcile various financial reporting packages in an accurate, timely and consistent fashion for investor-clients, relation to collection, arrears, and renewals
- Complete mortgage eservice fees, tax, and penalty interest reasonability analysis
- Reconcile remittance to First National cash records and reporting thereof using Merlin and Optimus
- Prepare and reconcile daily, weekly and monthly investor remittances
- Send letters and emails to investors i.e. cheques and confirmations
- Monitor cash flow, service fee and tax billing and prepare wire transfer request
- Scan, photocopy, staple and file daily reports and wire request, send letters and emails to investors i.e. cheques and confirmations
- Prepare month-end reports on Plexus, Merlin and Optimus for investors
- Perform fundamental and valuation analyses
- Develop and maintain third-party vendor relationships
- Primary contact person for investor reporting/accounting questions
- Follow up on loan discrepancies with residential and commercial administration teams
- Complete special ad hoc projects assigned by management
- Assist manager in various assigned projects, which will require knowledge of Optimus, Excel, and SQL to continually optimize processes, procedures and other technical initiatives
- Prepare audit documentation, work with external and internal auditors to explain and resolve any issue
- Working overtime during the first 5 business days of every month tot meet month end reporting and securitization schedules
- Responsible for the creation, administration, and reporting of MBS pools for First National and various investors through the CMHC NHA-MBS and CMB programs.
- Maintain comprehensive knowledge of policies and procedures relating to insurers
- Work with investors and Treasury to select loans and tranches for new pools
- Prepare and submit CMHC template documentation and documents (2812, 2830, 2824, 2834, etc) related to creating new issues of mortgage-backed securities and commercial mortgage back securities
- Resolve issues with loans when pooling, work with CPTA and third party mortgage originators to correct loan data and any other edits
- Support securitization activities with various reporting and analytic functions
- Prepare and manage monthly CMHC mortgage securitization reports(2840) for First National and investor pools, ensure reports are uploaded by the third business day and copies are sent to the investors.
- Reconcile investors cash-flows upon mortgages securitization
- Create securities record in CDS, reconcile and remit CUSIP/ISIN, guarantor and application invoices
- Oversee the preparation, management, reconciliation and execution of month end mortgage and securitization accounting reports
- Work closely with internal teams to provide talking points and analytics
- Liaise with investors & FN treasury to compile various securitizations proposals for pooling into NHA MBS program
- Liaise with mortgage insurers to ensure loans are insured and in compliance with CMHC pooling guidelines
- Ensure all documents relating to securitization are remitted to CPTA are accurate and on time
- Post-secondary education in Business/Economics and/or equivalent work experience preferred
- At least 1 year of financial services experience
- Experiencing working with SQL, Merlin, Optimus, and Trust Accounting applications preferred
- Proficient in excel (intermediate to advanced user)
- Exceptional organizational skills
- Excellent problem solving skills
- Strong verbal and written communication skills
- Ability to work in tight timeframes
- Strong interpersonal skills: ability to interact and build relationships with people across the firm at different levels of seniority
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
- Competitive Compensation
- Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
- Hybrid working environment
- Extensive training programs to set our employees up for success
- Modern office environment conducive to collaboration
- Supportive teamwork culture
- Opportunities to give back to the communities and work through events focused on a variety of charities
- Ongoing social events throughout the year
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.
First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [email protected] should you need an accommodation at any point in the recruitment process.
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