**Job Posting: Senior Default Specialist**

**Who We Are**

HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, dedicated to helping Canadian homeowners aged 55 and up. Our mission is to empower homeowners to live retirement on their terms through our range of reverse mortgage solutions, including the CHIP Reverse Mortgage™ product.

**Our Values**

- Customer-Focused
- Passionate Advocates
- Courage to Act
- One Team. One Vision
- Think Long-Term
- Be Exceptional. Inspire Greatness

**Position Summary**

Reporting to the Manager of Default Management, the Senior Default Specialist plays a critical role in managing accounts through the default and foreclosure process, collaborating with the bank’s default lawyers and property managers.

**Key Responsibilities**

- **Operational Management:** Manage mortgage accounts in default and foreclosure stages, ensuring efficient processing of all related activities. Provide regular updates and reports on account status, and implement strategic measures to mitigate financial loss and reputational risk.

- **Legal and Foreclosure Coordination:** Work closely with default lawyers on legal proceedings, ensure compliance with all legal documentation, and collaborate with property managers to oversee property tasks during foreclosure, including inspections and maintenance.

- **Documentation and Compliance:** Maintain accurate records, manage accounts, and monitor compliance with relevant laws and regulations related to mortgage servicing and foreclosure.

**Required Qualifications and Attributes**

- Bachelor’s degree in Finance, Law, or related field (or equivalent experience)
- 3-5 years of experience in default management, foreclosure, or a legal-related role within banking or real estate sectors
- Strong understanding of foreclosure laws, legal procedures, and regulatory requirements in Canada
- Excellent communication and interpersonal skills
- Strong analytical skills and attention to detail
- Strong problem-solving abilities
- Proficient in MS Office and CRM platforms (Salesforce, etc.)
- Bilingual in English and French is an asset
- Relevant certifications in mortgage servicing or foreclosure management are an asset

**Working Conditions**

- Hybrid role: 3 days a week in the office

**Why Work at HomeEquity Bank?**

HomeEquity Bank offers a dynamic working environment and culture of flexibility, recognizing and celebrating performance, teamwork, and diversity.

**Growth and Opportunities**
We provide rewarding careers in various fields with continuous professional development and training opportunities.

**Celebrating Great Work**
We recognize achievements through various programs, celebrating success and community impact.

**The Perks**

HomeEquity Bank offers a competitive total rewards package, including:
- Extended health and dental benefits
- Employee & Family Assistance Program
- Employer-Matched Group Retirement Savings Plan
- Employee Share Investment Plan
- Well-being initiatives and corporate discounts

HomeEquity Bank is committed to an inclusive, equitable, and accessible workplace. Accommodations are available upon request for candidates participating in the selection process.

To apply, please contact your recruiter. A background check will be required for the successful candidate.

**Stay in the Know**
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**Apply Now!**