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Payments Administrator

Eqbank · Canada

Role overview

Join a Challenger At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences. What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward. If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. We can’t wait to get to know you! The Work The incumbent is responsible to accurately process financial transactions, including incoming and outgoing payments, which affect the repayment schedule of the mortgage and loan portfolio.

Visible requirements

Process incoming payments received via multiple methods.  Run and reconcile transaction verification reports. Ensure daily incoming payment and returned payment files are processed on time and accurately.   Process line of credit (LOC) cheques by completing review (body of the cheque, limit, signature) according to company guidelines and banking regulations. Decision to honour/dishonour LOC cheques. Post daily payment transactions, electronic (EFT) payments, and ma…Complete a degree or diploma program in a related discipline with a minimum of 2-3 years’ experience in the mortgage industry. In depth knowledge of cheque clearing and collection process. Ability to confidently make decisions regarding cheque clearing items.  In depth knowledge and understanding of company’s payment hierarchy rules and application. Strong math and analytical skills. Strong attention to detail. Ability to meet tight deadlines. Ability to balance …