• Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Citi Australia
  • 17 Jan 18

Mortgage Settlements Officer

Mortgage Settlements Officer

  • Primary Location: Australia,New South Wales,Sydney
  • Education: High School Diploma/GED
  • Job Function: Operations Credit Ops
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 17073467


Citi is more than a global financial services company. It's an engine for progress. Join us, and you'll have the chance to get involved in progress in all its shapes and forms, right across the world. From the micro to the macro, from Australia to Zambia, the work we do has real positive impact. Wherever you are and whatever you do, progress starts here.

We've built a world famous, trusted brand over 200 years of continuously evolving financial services. And today, our influence continues to grow: with financial operations in 160 countries and 100 currencies. We have 200 million different clients, including some of the biggest names in the industries, sectors, businesses and governments that we serve every day. It all adds up to an exciting place to be for talented, ambitious people who want to build a truly remarkable career.

Our Credit Operations function based at Rhodes iscurrently looking for someone with exceptional attention to detail to join the Mortgage Processing team as Mortgage Settlements Officer.
As the Mortgage Settlements Officer, you will be responsible for the coordination of all administrative and approval functions associated with the mortgage settlement process for new and existing consumer business.
The role supports multiple vendors to facilitate the settlements process and also provides assistance to the manager in the day to day running activities of the team.
The Key Accountabilities will include:
  • Coordinate and approve mortgage settlements
  • Validation of daily mortgage settlements
  • Monitoring settlement systems
  • Approve late settlement requests
  • Approve daily financial journals (Funding, corporate, cancelled funds, refunds)
  • Authorise and send settlement funds via FT
  • Bank cheque custodian, cheque issuance and reconciliation
  • Reconcile settlement general ledgers and IM accounts
  • Prepare daily, weekly and monthly MIS for distribution to stakeholders
  • Review and approve vendor invoices for payment (QBE, GE, Galilee, TOLL)
  • Prepare purchase orders for invoice payments
  • Process LMI payments, reconciliation, rejects, closed accounts
  • Security packet custodian and risk reviews
  • Loan account remediation
Key Skills and Experiences Required:
  • Advanced Excel skills
  • Strong attention to detail
  • Work well under pressure
  • Strong interpersonal skills
  • Ability to communicate and interact with all levels of management
  • Ability to establish and maintain key relationships with internal and external stakeholders
  • Ability to work unsupervised


  • HSC or equivalent
  • Finance / Accounting background preferable however not essential
When you work at Citi, you'll be working for an organisation that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and leverage the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi continues to be an Employer of Choice for Women and supports a flexible work environment.

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