Overview
Director, Loan Administration Jobs in Toronto, Canada at Kv Capital Inc.
The successful candidate will build andmaintainan efficient loan servicing function for the Real Estate Debt division, while overseeing all transactions and processes performed by the Loan Administration team, including a thorough and ongoing review of day-to-day processes.
At KV Capital, we haveestablishedourselves as industry leaders in real estate debt and investment, driven by our unwavering commitment to excellence, trusted partnerships, and innovative solutions. Since our founding in 2006, we have expanded our business across three connected areas of service: real estate private equity, real estate lending, and private equity investments in real estate supply chain businesses. Managing a robust portfolio of +$1.8 billionin funded investments, accompanied by +$750 million in assets under management, our dedicated team of finance experts is driven by a shared goal to cultivate prosperity for our clients, investment partners, and communities.
We have office locations in Edmonton, Calgary, and Toronto, and continue to expand and extend our reach nationally.
REAL ESTATE DEBT
Sinceinception, our Real Estate Debt division has funded and/or advised on $2.5B+ of commercial deals. We provide financing solutions for land, subdivisions, multi-familyresidential, retail, industrial, office, hospitality, mixed-use properties,as well as specialized options such as equity and structured financing.
POSITION Director, Loan Administration
YOUR OPPORTUNITY
We are looking for a
Director, Loan Administration, to join our team based out of either our Edmonton or Calgary offices. Reporting to the Vice President, Investment Management, the successful candidate willbe responsible for oversight and management of the Loan Administration team. In addition, the Director, Loan Administration will build andmaintainan efficient loan servicing function for the Real Estate Debt division, while overseeing all transactions and processes performed by the Loan Administration team, including a thorough and ongoing review of day-to-day processes.
KEY AREAS OF RESPONSIBILITY
- Lead the day-to-day operations and execute on strategy and department plans for the Loan Administration team with the support of the Vice President, Investment Management and Assistant Vice President, Real Estate Debt.
- Supervision of the Loan Administration team, including assignment of work, ongoing training and development,performance management,as well as recruitment and onboarding of new hires.
- Drive team engagement and ensure KVC’s culture and values are embedded with the Loan Administration team.
- Maintain and improve a “best in class” loan servicing function for the Real Estate Debt division.
- Oversee Loan Administration team activities including, but not limited to:
- Maintenance ofaccurateloan record information for all loans within database records (principal balances, charges, property information, security values,loan tovalue,etc).
- Processing and posting of all loan transactions (advances, payouts) once approved by the relevant functions.
- Facilitating all post-closing activities including but not limited to discharge, renewal, accountadministrationand payment processing.
- Preparation and distribution of internal and external statements for management, borrowers and solicitors, including (but not limited to): discharge, information and arrears statements.
- Working jointly with the Finance team,assistin ensuring that accounting journal entries are accurately prepared and the loan portfolio is accuratelymaintainedand accounted for.
- Resolve basic or moderate default events (e.g.bounced payments) through effective communication.
Liaise with investors and borrowers to communicate and resolve performance issues.
- Develop andmaintaineffective compliance, riskmanagementand risk controls in the servicing of the portfolio by exercising consistent, objective, and sound decisions in accordance with
KVC policy and procedures.
- Manage and provide exceptional client service for institutional lenders/direct investors, including periodic reporting requirements and adherence to Service Level Agreements with the utmost accuracy.
Title: Director, Loan Administration
Company: Kv Capital Inc.
Location: Toronto, Canada
Category:
