• Job Description

  Req#: req1714

  Treasury Data Analyst

  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.

  The Role

  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 functions of the role are routine in nature with an emphasis on daily analysis. The candidate will be participating in a learning rotation of the various tasks within the Treasury team.

  The Treasury Data 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 MCAP’s credit facilities, escrow investments and/or corporate capital.

  The cash management component of this role is comprised of reporting on 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 analysis 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 candidate will adhere to best practices and sound internal controls in all day-to-day cash activities and reconciliations.

  Warehouse Management, Cash Management and Reporting

  • Daily analysis, monitoring and co-ordination of funding requirements and obtain optimum borrowing from MCAP’s warehousing facilities
  • Prepare and analyze weekly Treasury reports to senior management including but not limited to Cash Forecast and Asset Reporting
  • Prepare, analyze and submit compliance reports on borrowing to financial institutions in accordance with credit facilities contractual obligations
  • Daily Cash Management including but not limited to, forecasting, settlement and recording of all cash requirements, investments and excess liquidity analysis

  Investor Operations and Cash Controls

  • Reconciliation and settlement of daily investor remittances
  • Investor and cash account reconciliation and reporting
  • Investor payment setup and maintenance
  • Loan Sales

  Other

  • Provide assistance during internal and external audits and reviews
  • Continuously identify and recommend automated processes and solutions
  • Project work as requested by management

  What You Bring To The Team

  • Ability to manage multiple and complex tasks in a fast-paced environment with competing priorities and deadlines
  • Professional with a strong work ethic and excellent time management, analytical and problem solving skills
  • Ability to work effectively within a team environment, carries out duties with integrity and assumes ownership and accountability
  • Self-starter and results oriented with excellent attention to detail
  • Strong Excel skills required to analyze large volumes of data
  • Basic Accounting skills
  • Ability to understand banking/borrowing concepts
  • 1-2+ years experience in similar role is preferred
  • Possess excellent interpersonal and communication skills
  • University Degree or College Diploma preferably in Accounting, Finance or Mathematics

  If this sounds like you and you are looking to be a part of one of Canada’s largest independent mortgage finance companies in Canada, then we want to hear from you!

  Be A Part Of Something Great
  
  MCAP is Canada’s largest independent Mortgage Finance company with over $150 billion in assets under management providing mortgage solutions for residential and commercial properties. For over 35 years, 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 #: req1714

  Employment Status: Permanent Full Time

  Location: Toronto, 2+ Days In-Office/Week

  Department: Finance & Treasury

  Job Openings: 2

  Internal Job Title: Treasury Analyst

• About the company

  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 homeowner's best option and MCAP actively promotes the services of mortgage brokers across the country.

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