MCAP at a Glance
Joining MCAP means you will be a part of our diverse workforce of highly talented individuals who are recognized for their expertise and success! At MCAP, your professional expertise, commitment to teamwork and passion for service excellence are recognized and rewarded with competitive total rewards offering, a career with continuous learning and development (formal & informal training), and exciting opportunities in a dynamic, entrepreneurial environment.
This position is responsible for the day-to-day cash activities of the Company, which includes warehouse management, cash management, liquidity forecasting, investor loans sales and remittances, reporting, accounting, and reconciliation.
The Treasury Analyst will be responsible for ensuring all warehouse requirements are coordinated while adhering to all contractual obligations with a focus on optimizing net interest spread. The coordination among all warehouses will entail the daily assessment of funding requirements to obtain optimum borrowing from MCAPs warehousing facilities, escrow investments and/or corporate cash.
The cash management component of this role is comprised of managing liquidity requirements of the company which entails liquidity forecasting, investment of excess funds, settlement of transactions and recording of all related entries to the general ledger.
The loan sales and investor remittance function include the management of investor general ledger accounts by ensuring loan sales are executed and remittances are made in a timely and accurate manner in accordance with investor contractual obligations.
The reporting component includes ongoing liquidity, compliance and regulatory reporting to senior management, credit facility lenders and investors.
The accurate recording of accounting entries and daily reconciliation of cash and investor trust accounts including clearing of reconciling items on a timely basis to ensure the reliability of financial statements and reports.
The deployment and maintenance of best practices and sound internal controls in all day to day cash activities and reconciliations.
Warehouse Management, Cash Management and Reporting
Investor Operations and Cash Controls
What You Bring To The Team
If this sounds like you and you are looking to be a part of one of Canadas largest independent mortgage finance companies in Canada, then we want to hear from you!
Be A Part Of Something Great
MCAP is an independent mortgage financing company with over $111 billion in assets under management providing mortgage solutions for residential and commercial properties. Founded in 1981, MCAP originates, trades, securitizes and services mortgages in offices across Canada. MCAP originates residential mortgages exclusively through the mortgage broker channel as we believe that a professional mortgage broker is a consumer’s best option and MCAP actively promotes the services of mortgage brokers across the country. MCAP is also a leader in the Canadian residential construction lending market with over 25 years in the business. Our teams of dedicated professionals serve a variety of developer, construction and lender clients across Canada.
Position #: req876
Employment Status: Permanent Full Time
Location: Toronto; Ontario
Number Of Openings: 2
Internal Job Title: Treasury Analyst
The above information in this description has been designed to indicate the general nature and level of work performed by employees in the position. It is not designated to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
MCAP provides equal opportunities for all applicants and is committed to fostering an inclusive, accessible environment, where all employees feel valued, respected and supported throughout the recruitment and employment process. If you require accommodation, we will work with you to meet your needs.
Original source: Indeed