Head Of Securitization Reporting

Description:

The successful candidate will be responsible for the management of all investor reporting and accounting for the Bank’s securitization programs, ensuring ongoing compliance with note-holder agreements and published program guidelines. The position also includes creating and maintaining productive working relationships with mortgage default insurers, swap counterparties, vendors, and the securitization teams at other banks.

Responsibilities

Represent Manulife Bank on the Mortgage-Backed Securities Issuers Association (MBSIA), an association of all Canadian banks, trust companies, and credit unions, with a purpose of advising CMHC on issues and future enhancements related to government sponsored securitization programs.

Overall accountability for the accuracy and efficiency of accounting, investor reporting, and financial statement preparation for Platinum Canadian Mortgage Trust II (PCMT II), ensuring that all reporting is compliant with program agreements and meets the needs of investors.

Jointly with the bank’s Treasury team, work on the development of new securitization programs.

Oversight of the security issuance process, including review and execution of all documents related to the National Housing Act Mortgage-Backed Securities (NHA MBS) and Canada Mortgage Bond (CMB) programs.

Responsible for design and implementation of the risk framework and control systems for the bank’s securitization programs, ensuring that all programs are aligned with regulatory guidance, contractual requirements, and other program requirements.