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About the Role
Under the direction of the Manager, Audit & Inspection, this role conducts timely, regular, and special inspections of business operations registered under the Trust in Real Estate Services Act, 2002 (TRESA) or its successor.
Responsibilities
- Carry out examination and inspection activities of business operations registered under TRESA.
- Investigate formal complaints by examining records to perform reconciliation of the broker’s trust account and establish trust liability.
- Check general bank account and other related or corporate accounts and records to determine financial difficulties or misuse of trust funds.
- Provide administrative functions resulting from inspections or investigations, including preparing correspondence, detailed reports, and recommendations.
- Give evidence at tribunal hearings or in court.
- Provide interpretation and assistance to registrants and other individuals on compliance policies and procedures.
- Identify and report on ongoing inspection problems.
- Provide assistance to investigators.
- Maintain up-to-date awareness of legislation, inspection methods, and deceptive practices.
Requirements
- Thorough knowledge of bookkeeping and accounting principles as they relate to a real estate brokerage business.
- Auditing and related experience.
- Ability to follow accounting processes and reconcile trust and general accounting records.
- Ability to manage and organize large amounts of detailed information.
- Demonstrated ability to work independently and schedule time and resources effectively.
- Strong verbal and written skills.
- Ability to summarize and present evidence and conduct interviews.
- Knowledge and understanding of the judicial process, TRESA, including the Code of Ethics, and the registrar’s requirements.
- Knowledge and awareness of real estate industry practices and changes (including negative and/or deceptive practices).
- Ability to travel and work throughout the Province of Ontario.
- Computer skills.
Skills
- Bookkeeping
- Accounting principles
- Auditing
- Reconciliation
- Information management
- Time management
- Verbal communication
- Written communication
- Interviewing
- Judicial process understanding
- TRESA knowledge
- Real estate industry practices awareness
- Computer proficiency
Location
- Province of Ontario
Work Type
- Hybrid
Salary/Compensations
- $65,709—$82,136 CAD
About the Company
- RECO is Ontario’s regulator of over 110,000 real estate agents and brokerages.
- RECO administers and enforces the law regulating trading in real estate in Ontario and enhances consumer confidence in the real estate services sector.
- RECO is a modern regulator with approximately 170 employees, fostering a collegial and dynamic environment where strategic agility, curiosity, and empathy are valued.
- Working at RECO means contributing to an organization that supports a fair, transparent, and consumer-focused real estate marketplace.
- RECO offers purpose-driven work, professional growth opportunities, and an inclusive culture.
Equal Opportunity
- RECO is committed to promoting an equitable, diverse, and inclusive environment.
- RECO is committed to treating all people in a way that allows them to maintain their dignity and independence.
- We believe in integration and equal opportunity.
- We are committed to meeting the needs of persons with disabilities in a timely manner and will do so by preventing and removing barriers to accessibility.