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Tara Somerset

Vice President & Managing Director, Residential Services at Intellifi Corporation

Tara Somerset has extensive experience in the mortgage industry, having worked in various roles throughout their career. Tara most recently served as the Vice President & Managing Director of Residential Services at Intellifi Corporation since January 2022. Prior to that, they worked at CMLS Financial from September 2015 to July 2022, where they held the position of Managing Director of Residential Mortgages.

Before joining CMLS Financial, Somerset worked at Zag Bank as the Director of Mortgage Operations from February 2014 to September 2015. Tara also has experience at RMG Mortgages / ResMor Trust Company, where they served as the Director of Mortgage Servicing and Operations from August 2010 to June 2013. In this role, they were responsible for managing a portfolio of $5.8 billion in mortgage under administration and leading a team of 8 direct and 47 indirect reports.

Somerset began their career at ResMor Trust Company in 2006, starting as a Manager of Underwriting. Tara was later promoted to Senior Manager of Training and Development in 2008, where they focused on risk assessment, loan valuation, compliance, and regulatory requirements. Tara also worked as a Senior Manager of Mortgage Servicing from 2009 to 2010.

Prior to their roles at ResMor Trust Company, Somerset worked as a Mortgage Underwriter at Home Trust Company from April 2004 to February 2006.

Overall, Somerset has a wealth of experience in the mortgage industry, with expertise in residential services, mortgage operations, underwriting, and mortgage servicing.

Tara Somerset has a strong educational background in the field of business and finance. In 1995, they attended Alberta School of Business and completed a degree in Business Administration, with a focus on Business Administration and Management. This provided their with a foundation in general business principles and management strategies. Moving forward, in 2012, they pursued a degree in Project Management from Mount Royal University. This program equipped their with the necessary skills and knowledge to effectively manage and execute projects within various industries. Finally, in 2013, Tara attended IFSE, where they obtained a degree in Canadian Funds Management, focusing on Banking and Financial Support Services. This program enriched their understanding of the banking sector and provided their with the expertise necessary to navigate and thrive in the financial industry.

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Timeline

  • Vice President & Managing Director, Residential Services

    January, 2022 - present