Job Requisition ID: 11356

Position Status: Permanent Full Time

Position Type: Hybrid

Office Location: Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)

Travel Requirement: Limited

Language Designation: Bilingual

Language Skill Levels (Read/Write/Speak): CBC

Security Requirement: Reliability Status

Salary: Our salaries generally range from $ 101639.3 to $ 127049.13 and are based on qualifications and experience.

About CMHC

The work you do and the work we do together matters. We come to work every day with a common purpose: to contribute to a well-functioning housing system.

At CMHC, we hold ourselves accountable for our results and support our colleagues in their achievements. We thrive on collaboration, connecting across CMHC and involving the right people to get our work done. Our leadership style is guided by trust, where our leaders favour an adaptive approach based on the needs of their teams.

Join us and be part of a team that's committed to making a real difference and be part of something meaningful.

What’s in it for you

We’ve got the purpose, the people and the perks you need for a fulfilling career. Here’s the comprehensive and generous benefits you get when you’re a permanent employee:

• Annual Paid vacation.
• Annual individual performance incentive.
• Defined benefit pension plan.
• Comprehensive group insurance plan to support your well-being from day one.
• Support towards your personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.

About the role

Join the Apartment Construction Loan Program (ACLP) as a Bilingual Senior Specialist, Multi-Unit Underwriting (Housing Program). In this role, you will be part of a transformative initiative under the National Housing Strategy. You will leverage your financial expertise and relationship-building skills to drive the development of much-needed rental housing across the country.

What you'll do:

• Apply sound judgement and decision-making practices based on complex conducted financial analysis while making recommendations.

• Act as a direct lender under the ACLP program: review, prioritize and approve loan applications while assessing financial viability.

• Identify and manage risk by exercising due diligence while reviewing and approving complex requests and monitoring the quality of results.

• Lead underwriting for large-scale projects, exercising delegated financial authority.

• Review and approve recommendations from Specialists, ensuring alignment with CMHC’s standards.

• Demonstrate leadership by coaching team members and providing guidance on complex, high-value, or high-risk financial requests, including the use of technical financial tools.

• Maintain quality relationships with clients to understand their needs, objectives, and explore opportunities.

• Work in partnership with clients, stakeholders, and various levels of government by offering advice, support and alternative solutions.

• Manage politically sensitive issues by demonstrating critical thinking, judgment and know-how to find solutions.

• Implement process improvements for increased efficiencies and enhanced customer experience.

What you should have:

• An undergraduate degree in a relevant field related to real estate such as business administration, accounting, finance or commerce, or an equivalent combination of education and/or experience.

• A minimum of seven (7) years of experience in construction financing, real estate, financial markets or credit risk analysis for Multi-Unit properties.

• Demonstrated experience working with financial viability and loan approvals.

• Demonstrated experience reviewing, evaluating and prioritizing loans

• Specialized knowledge of housing financing.

• Expert knowledge of underwriting theories, principles and processes.

• The ability to present ideas in a clear and convincing manner in order to have proposals or plans accepted.

• The ability to establish and maintain effective relationship and to motivate others, influence and develop their potential.

• Solid oral and written communication skills in both official languages (French and English), with the ability to clearly convey decisions and address objections.

It would be great if you also had:

• Experience or knowledge in property management, real estate appraisal, property inspection, or real estate law is considered an asset.

• Successful completion of a professional association designation such as CRF, AACI, CA, CMA, CFA, or CPM.

• Experience in building reports and/or in using statistical analysis software such as MS Excel.

Posting closing date: Note, the competition will remain active until filled.

Our commitment to diversity, equity, and inclusion

We’re committed to employment equity and encourage women, Indigenous Peoples, persons with disabilities, veterans and persons of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions to apply. We also welcome applications from non-Canadians who are eligible to work in Canada.

CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our mission.

Learn more about our commitment to diversity and inclusion

What happens after you apply

We know that applying for a new job can be both exciting and daunting, and we appreciate your effort. Learn more about our hiring process. If you are selected for an interview or testing, please advise us if you require an accommodation.

If you applied before and you were not successful don’t worry – we're always posting new positions, so don’t hesitate to give it another shot. We’re excited to see what you bring to the table this time around!