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Mortgage Financial Analyst

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Manulife

Nov 1, 2024

  • Job
    Full-time
    Entry, Junior, Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Quezon City
  • Quick Apply

AI generated summary

  • You need a business degree or accounting designation, strong accounting skills, mortgage knowledge, proficiency in Excel, and excellent communication and organizational abilities.
  • You will monitor and clear mortgage suspense transactions, reconcile accounts, generate reports, develop internal controls, assist with inquiries, and perform peer reviews as needed.

Requirements

  • University Business Degree and/or recognized accounting designation; CPA an advantage but not required.
  • Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation) and must be willing to work on a day shift schedule
  • Accounting skills with a solid understanding of the mortgage business
  • Knowledge of IFS Applications (Lawson, Essbase, Webfocus) is a plus.
  • Experience using Enterprise and its planning tool (MSTR)
  • Excellent attention to detail and analytical skills
  • Strong oral/written communication skills required to interact with Business Units
  • Strong organizational and time management skills in order to meet tight deadlines.
  • Solid interpersonal skills to interact with, establish relationships with the Business Units
  • Ability to work independently and willing to collaborate with other team members.
  • Adaptive learner and solutions-oriented, ability to escalate issues to management.
  • Strong computer skills including intermediate to advanced Excel proficiency.
  • Strong analytical and technical skills including Microsoft Products (Excel, Word, PPT).

Responsibilities

  • Ensure timely and accurate monitoring and clearing of mortgage suspense transactions, i.e. payments, disbursements, interests, and etc. The role also involves monthly, and quarterly reconciliation of mortgage related accounts based on IFRS reporting. This also provides mortgage allocation review for new loan set up loan processed by Manila Servicing team.
  • Clearing of suspense accounts
  • Reconciliation of unmatched items/ month-end balances and generation of various mortgage accounting reports
  • Monitoring of active loan's deposit account
  • Good Faith & Suspense
  • Other responsibilities that may be assigned by management from time to time.
  • Develop and document internal controls and procedures for assigned tasks.
  • Performs peer review.
  • As needed, assist the Toronto business unit in handling mortgage servicing tasks, inquiries, and projects. Submission of monthly meeting agenda, containing issues and concerns.

FAQs

What is the job title for this position?

The job title is Mortgage Financial Analyst.

What are the key responsibilities of the Mortgage Financial Analyst?

Key responsibilities include mortgage accounting, ensuring timely monitoring and clearing of transactions, month-end reconciliations, generating various mortgage accounting reports, monitoring active loan accounts, and developing internal controls and procedures.

What qualifications are required for this position?

Candidates should have a University Business Degree and/or recognized accounting designation; a CPA is an advantage but not required. The ability to work in a hybrid arrangement is also necessary.

Are there specific skills that are essential for this role?

Yes, essential skills include accounting skills, knowledge of the mortgage business, excellent attention to detail, strong oral and written communication, strong organizational and time management abilities, and proficiency in Microsoft Excel.

Is there a preference for experience with any specific software?

Yes, experience with IFS Applications (Lawson, Essbase, Webfocus) and using Enterprise and MSTR (MicroStrategy) is a plus.

What type of working arrangement does this position offer?

The position offers a hybrid working arrangement, requiring the candidate to be amenable to working both onsite and from home depending on business needs.

What types of benefits are provided?

Benefits include competitive salary packages, day 1 HMO coverage including dependents, retirement savings benefits, performance bonuses, and access to extensive training resources.

Is there a focus on workplace culture at Manulife?

Yes, Manulife values a rewarding culture that emphasizes wellness and well-being, fostering a supportive and collaborative workplace.

Is prior experience in the mortgage industry specifically required for this role?

While prior experience in the mortgage industry is beneficial, the job highlights a solid understanding of mortgage accounting as crucial for success in the role.

How does Manulife approach diversity and inclusion?

Manulife is committed to attracting and retaining a diverse workforce and fostering an inclusive work environment, adhering to fair recruitment and advancement practices without discrimination.

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Manulife

Finance
Industry
10,001+
Employees

Mission & Purpose

Manulife is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We have more than 40,000 employees, over 116,000 agents serving ~34 million customers worldwide, and over $1.3 trillion in assets under management and administration.