Job Description

Job Requisition ID: 9994Position Status: Temporary Full TimePosition Type: HybridOffice Location: Montreal (QC); Calgary (AB); Halifax (NS); Ottawa (ON); Toronto (ON); Vancouver (BC)Travel Requirement: Travel not requiredLanguage Designation: BilingualLanguage Skill Levels (Read/Write/Speak): CBCSalary: Our salaries generally range from $ 70354.20 to $ 87942.74 and are based on qualifications and experience.About CMHCAt CMHC, the work you do and the work we do together matters. We come to work every day with a common purpose: to realize a future where everyone in Canada has a home that they can afford and meets their needs.Our people are second to none. We lean in with courage, band together as a community and try new things to make a lasting impact on housing from coast to coast to coast.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 youWe\'ve got the purpose, the people and the perks you need for a fulfilling career. Here\'s what you get when you\'re a contract employee:

• 3 weeks of accrued vacation.
• Annual individual performance bonus.
• Support in your personal and professional growth with training, mentorship and more - because when you thrive, we thrive.
• An inclusive workplace culture and environment with Employee Resource Groups and more.
• A hybrid work model that lets you balance working from home and nurturing in-person connections by coming into your region\'s office at a minimum of 4 times a month.

About the role
Join the Commercial Solutions Team where we make delivering housing affordability solutions easy. As a member of the Homeowner Underwriting team, you will ensure the mortgage underwriting of loans for new and existing homeowner properties with 1 to 4 units using the emili system, while providing excellent client service through effective communication about CMHC\'s mortgage insurance products, policies and guidelines. This position is an exceptional opportunity for an individual with strong analytical and communication skills to achieve his/her professional goals, while creating a sustainable organization that is at the heart of a world leading housing system.This is a temporary position of a duration of 12 monthsPlease note that this position is intended to primarily cover the closing shifts. Applicants must be available to work until 9 pm Eastern on an ongoing basis and occasionally on Saturdays from 10 am to 6 pm EST.What you\'ll do:

• Analyze the information on applications for mortgage loan insurance for 1-4 unit owner-occupied and rental properties transmitted by approved lenders, in particular, the information related to the borrower, the property, and the market.
• Apply sound judgment and decision-making practices and negotiate a reasonable solution in line with the risk appetite.
• Exercise prudence and diligence to ensure compliance with all relevant internal policies and procedures applicable to the function.
• Use effective oral and written communication to deliver clear rationale for underwriting decisions in manner that achieves lender concurrence and understanding.
• Respond to various mortgage insurance inquiries via phone and/or email.
• Maintain quality relationships with clients to understand their needs and objectives and explore opportunities.
• Work in a team environment to provide effective and efficient delivery of services to contribute to service standard.

What you should have:

• Undergraduate degree in business, finance, or commerce and at least three years of experience in mortgage underwriting or individual credit analysis. An equivalent combination of education and relevant experience will also be considered.
• Knowledge of the principles of risk management and residential property appraisals.
• Understanding of the mortgage industry environment.
• Strong analytical, problem-solving skills and decision-making skills.
• In-depth knowledge of risk factors related to credit, employment, local market conditions and mortgage sector trends.
• Demonstrated ability to read and interpret consumer credit bureau reports.
• Strong oral and written communication skills in both official languages (English and French).

It would be great if you also had:

• Sound knowledge of mortgage financing and real estate laws, fraud indicators, default remedy and/or property administration.

Posting closing date: Note, the competition will remain active until filled.Our commitment to diversity, equity, and inclusionWe\'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.What happens after you applyWe know that applying for a new job can be both exciting and daunting, and we appreciate your effort. . 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!

Canada Mortgage and Housing Corporation