Senior Operations Analyst, Loan Servicing

Location

Brookfield Place - 181 Bay Street

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:
Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Brookfield Asset Management (NYSE/TSX: BAM) is a leading global alternative asset manager with approximately $1 trillion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit. Our objective is to generate attractive, long-term risk-adjusted returns for the benefit of our clients and shareholders. Brookfield Asset Management manages a range of public and private investment products and services for institutional and retail clients.

We earn asset management income for doing so and ensure strong alignment of interests with our clients by investing alongside them. Our access to large-scale capital enables us to make investments in sizeable, premier assets and businesses across geographies and asset classes that we believe few others can.

Brookfield Credit manages approximately $305 billion of assets globally, focused on a broad range of private credit investment strategies, including infrastructure and renewable credit, real estate, asset backed, and corporate credit. Return profiles span investment grade, sub-investment grade, and opportunistic. The business combines Brookfield’s substantial credit history with strategic partners, including Oaktree Capital Management, Castlelake, LCM Partners, 17

Capital, and Primary Wave Music. As one of the world’s largest and most experienced credit managers globally, we deliver flexible, specialized capital solutions to borrowers, and attractive risk-adjusted returns to our investors.

The Loan Servicing Senior Operations Analyst is responsible for the Statutory and GAAP accounting and reporting for the Mortgage and Real Estate portfolios of our Credit and Insurance clients. The position is key to successfully facilitating a SOC 1 controlled environment and will be a key contributor of our growing credit operations team and will report to the Director, Mortgage Loan Servicing.

The role will be based in Brookfield’s Toronto office at Brookfield Place.

• Assists with training and mentorship efforts for junior team members.
• Makes recommendations and leads efforts to improve upon the service levels of the Commercial Mortgage Loan Servicing Operations team and the broader Investments Department.
• Manages, coordinates and monitors the timely collection of all due diligence for the closing process and responsible for onboarding new and processing ongoing life cycle activity related to Mortgage Loans.
• Performs and analyzes monthly reconciliation of principal to correspondents.
• Completes and evaluates quarterly correspondent certification review and reconciliations.
• Maximizes the integrity and utilization of information entered into the Loan Servicing system for daily, monthly, quarterly and annual reporting.
• Ensure timely recording of data to facilitate regulatory requirements.
• Evaluates and updates control documentation for the various mortgage loan processes.
• Creates and evaluates reports for distribution to Senior Management, Underwriters, Investment department and rating agencies.
• Works collaboratively with IT to develop, automate and maintain reports.
• Works with outside parties to facilitate issue resolution.
• Performs other related work as required.

• Bachelor’s degree in commercial real estate, finance or related field of study from leading institution
• 3+ years relevant work experience – commercial mortgage loan closing, accounting, reporting and portfolio analysis or related experience.
• Master in Finance or Accounting, CPA, MBA and/or CFA is a plus
• Knowledge of the investment industry, including financial data management and reporting as well as applicable laws, rules and regulations.
• Excellent judgement and analytical skills combined with attention to…