Talent.com
Payments Administrator
Payments AdministratorEQ Bank • Toronto, Ontario, Canada
Payments Administrator

Payments Administrator

EQ Bank • Toronto, Ontario, Canada
5 days ago
Job type
  • Full-time
  • Permanent
Job description
Join a Challenger

Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.

Our company continues to grow and today we serve more than 800000 customers acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$142 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.

The Work
The incumbent is responsible to accuratelyprocess financial transactions including incoming and outgoing paymentswhich affect the repayment schedule of the mortgageand loanportfolio.

The Core Responsibilities!

  • Processincomingpayments receivedviamultiplemethods

  • Run and reconcile transaction verification reports

  • Ensure dailyincoming paymentandreturnedpaymentfilesareprocessed on time and accurately

  • Processlineof credit(LOC)chequesby completingreview (body of the cheque limit signature)accordingtocompanyguidelines and banking regulations

  • Decisionto honour/dishonourLOC cheques

  • Post daily payment transactionselectronic (EFT)paymentsandmake detailed notes inall required systems

  • Attend to HELOC requests including reprocessingofpayments charging feesandinvestigating disputedLOCcheques

  • Investigate and communicate with FI (TD) ITand other parties if issues arise and follow up for timely resolution

  • Accurately prepare reconciliation sheet for daily deposit and accounting

  • Post fullpayoutsand principal paydowns accurately on the systemof record

  • Calculate per diem interest in conjunction with receipt of payout funds and accurately identify shortfalls andoverpaymentsrequiring action

  • Liaise with a variety of internal departments to address any unique adhoc issues that may arise

  • Escalatesystem issuesappropriately to management and business analyst partners

  • Gather data and accurately prepare assigned departmental reports asrequired

Lets Talk About You!

  • 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 companys paymenthierarchy rules and application

  • Strong math and analytical skills

  • Strong attention to detail

  • Ability to meet tight deadlines

  • Ability to balance multiple priorities simultaneously

  • Strong organization skills

  • Provides superior customer service to its internal and external customers

  • Team oriented

  • Ability to solve problems and propose solutions

  • Knowledge of various software including Word with intermediate excel skills being a must

  • Self-motivated with the ability to work with very little or no supervision

What we offer For full-time permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Professional development and comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!

Required Experience:

Unclear Seniority


Employment Type : Full-Time
Experience: years
Vacancy: 1
Create a job alert for this search

Payments Administrator • Toronto, Ontario, Canada

Similar jobs

Payments Administrator

EQ Bank | Equitable BankToronto
Full-time +1

Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.How do we get there? With a talented team of inquisi...Show more

 • Promoted

Credit Collections Manager

Elect CapitalGreater Toronto Area, Canada, Canada
Full-time

Elect Capital backs ambitious UK, Canadian and US businesses with capital that cuts through the noise.Built for speed, edge and action, we deliver funding where others stall.We’re not here to reinv...Show more

 • Promoted

Transfers Administrator

ScotiabankToronto, ON, CA
Full-time

Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture.The Transfers Administrator is responsible for providing courteous, accurate and timely informa...Show more

 • Promoted

Payments Administrator

EQ BankToronto
Full-time +1

Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.The incumbent is responsible to accurately process f...Show more

 • Promoted

Accounts Payable Administrator

Taylor Co. Ltd.Markham
Full-time

Full-time hybrid role for an Accounts Payable Administrator, based in Markham, ON.The role involves processing vendor invoices, reconciling accounts, managing high volume payments, maintaining accu...Show more

 • Promoted

Accounts Payable Administrator

TDS PersonnelToronto, Ontario, Canada
Temporary

Our client located in the Downsview area requires an AP Administrator to join their team on a 12-month contract basis to cover a maternity leave.The Accounts Payable Administrator shall perform all...Show more

 • Promoted

Adminstrator, Settlements

iA Financial GroupToronto, Ontario, Canada
Full-time

As an Administrator, Settlements, you will play a key role in managing our clients’ transactions.What You Will Accomplish with Us.Analyzing and completing various transactions required for plan adm...Show more

 • Promoted

Account Payable Administrator

ADPNorth York, Canada
Full-time +1

Join to apply for the Account Payable Administrator role at ADP.Get AI-powered advice on this job and more exclusive features.Your actual pay will be based on your skills and experience — talk with...Show more

 • Promoted

Administrator, Accounts Payable

Spin Master GamesToronto, ON, CA
Full-time

Are you a kid at heart looking to build a career with a leading global children's toy, entertainment and digital gaming company?.At Spin Master, our unwavering commitment to open mindedness, integr...Show more

 • Promoted

Accounts Payable Specialist

Vaco by HighspringRichmond Hill, ON, CA
Full-time

Process accounting transactions and invoices with accurate GL coding on a timely basis.Maintain alphabetical vendor invoice/payment files.Assist with determination of cash needs.Schedule payments a...Show more

 • Promoted

Project Administrator, Services

Trane TechnologiesMarkham, Ontario, Canada
Full-time

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet ...Show more

 • Promoted

Senior Transfers Administrator

Aviso Wealth IncToronto, ON, CA
Full-time

At Aviso, we are dedicated to improving the financial well‑being of Canadians.As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, a...Show more

 • Promoted

Experienced Accounts Payable Administrator Needed for Finance Team

Spin MasterToronto, ON, CA
Full-time

Elevate your career as an Accounts Payable Administrator, focusing on accuracy in payment processing and vendor account management.This position supports crucial financial operations across North A...Show more

 • Promoted

Transfers Administrator

Aviso WealthToronto, ON, CA
Full-time
Quick Apply

At Aviso, we are dedicated to improving the financial well-being of Canadians.As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, a...Show more

Accounts Payable Administrator

Lush Fresh Handmade Cosmetics North AmericaToronto, ON, CA
Full-time +1

Accounts Payable Administrator.As a growing business, Lush needs people that can.Accounts Payable Administrator.This role partners closely with Finance and cross-functional teams to maintain strong...Show more

 • Promoted

Transfers Administrator

AvisoToronto
Full-time

At Aviso, we are dedicated to improving the financial well‑being of Canadians.As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, a...Show more

 • Promoted

Accounts Payable Administrator

BDO Canada LLPToronto
Full-time

Each day, our professionals provide exceptional service, helping clients with advice and insight they can trust.In turn, we offer an award-winning environment that fosters a with a high priority on...Show more

 • Promoted

Accounts Payable Administrator

BDO CanadaToronto, ON, CA
Full-time

BDO's National Office internal finance team is looking for an Accounts Payable Administrator for a full‑time position.The office is located in the downtown core of Toronto, close to public transpor...Show more