The main activities of this position will be focused around the administration, accounting, reporting, and financial analysis of the Bank’s securitization activities.
Accounting for the issue and settlement of new NHA MBS pools.
Prepare monthly investor reporting such as CMHC 2840’s and payments to the Central Payor and Transfer Agent (CPTA)
Develop an understanding of and adhere to the Bank’s policies and procedures as it relates to compliance with CMHC’s NHA MBS and CMB Guidelines
Develop an understanding of securitization profit calculations and accounting. Follow established accounting practices to ensure that the financial and operating reports accurately reflect the condition of the securitization business in accordance with accounting standards.
Key contributor to the financial statement close process through the preparation of monthly accounting schedules