Payouts Administrator

This role is responsible for managing mortgage payout requests, ensuring accurate calculations of prepayment charges and timely preparation of payout statements. The position involves responding to inquiries from solicitors, notaries, and financial institutions and following up on payout funds. It also includes managing shortfalls, reactivating mortgages when necessary, and coordinating with internal teams to retain mortgages. The role is based in Toronto within a growing challenger bank focused on innovative digital banking solutions.