Job Description

Job Requisition ID: 9475

Position Status: Temporary Full Time

Position Type: Hybrid

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

Travel Requirement: Travel not required

Language Designation: Bilingual

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

Salary: Our salaries generally range from $ 81410.14 to $ 101762.68 and are based on qualifications and experience.

About CMHC

At 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 you

We\'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 Housing programs team in in the Bilingual Specialist, Assisted Housing position. The Specialist will oversees administration and decisions relevant to underwriting, servicing and lending activities for the purpose of mitigating risks, optimizing client service and achieving corporate objectives. Provides superior quality service to enhance the corporate image and maintain sound business relationships with industry clients.

This is a temporary position of a duration of 12 months.

What you\'ll do:

• Recommending funding advances and monitoring the ongoing construction of housing projects.
• Reviewing and analyzing complex funding commitments and providing recommendations for legal contracts, funding strategies and construction advancing.
• Negotiating terms and conditions and providing guidance to clients using knowledge of practices and policies pertaining to program funding, finance, law, property management, and mortgage underwriting policies and procedures for social and market housing.
• Preparing and supporting our clients in the execution of loan agreements and supporting documents in consultation with legal partners.
• Performing in-depth analysis of legal documentation and professional third-party reports, such as appraisals, quantity surveyor reports and environmental site assessments, to assess risks to CMHC and recommend appropriate solutions.
• Analyzing complex files to derive recommendations and solutions in line with the expected results of the programs and government expectations and within CMHC\'s risk appetite.
• Providing expertise and advice on relevant programs, policies, products and services.
• Establishing and maintaining meaningful relationships with clients and other relevant stakeholders to gain a thorough understanding of the operations and environment, to facilitate reviews and analysis of documents.
• Leveraging financial and policy authorities to recommend exceptions, when applicable, while designing new solutions.

What you should have:

• Bachelor\'s degree in business administration, commerce or real estate law.
• Minimum of five years of experience in real estate law, construction financing or commercial banking.
• Demonstrated analytical experience dealing with complex legal matters, including loan agreements, operating agreements, construction lien acts, leasehold agreements, personal property security, land title registration, loan guarantees, and the interpretation of complex land title searches in various provinces and territories.
• Demonstrated client management skills with the ability to negotiate with clients and arrive at acceptable solutions, sometimes in controversial conditions and tight time constraints.
• In-depth knowledge of risk factors related to loans for affordable housing projects.
• Strong knowledge of procedures, policies, regulations and risk management.
• Strong decision-making skills.
• Excellent oral and written communication skills, in both English and French.

It would be great if you also had:

• Certified in Real Estate Finance (CRF), Certified Property Manager (CPM), Chartered Financial Analyst (CFA), Professional Quantity Surveyor (PQS), Canadian Risk Manager (CRM) or Accredited Appraiser Canadian Institute (AACI) designation will be considered an asset.
• Understanding of social and affordable housing programs.
• Knowledge of multi-unit residential lending industry and practices
• Experience in construction loan management or knowledge of market trends and developments in Canada and of industry partners.

Posting closing date: Note, the position may 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.

What happens after you apply

We 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