Job Description

Job Requisition ID: 8799

Language Designation: English Essential

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

Position Status: Permanent Full Time

Travel Requirement: Travel not required

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

Salary: Our salaries generally range from $ 78657.14 to $ 98321.43 and are based on qualifications and experience.

At CMHC, we trust you to get the job done. We empower our employees to be fully autonomous and accountable in achieving their results. Employees focus on how they achieve results rather than when and where they choose to work.

Here are some of the reasons why we were chosen as one of Canada\'s top employers:

• Enjoy 5 weeks of vacation;
• An annual individual performance bonus;
• Defined benefit pension plan;
• Comprehensive group insurance to support your well-being from day one;
• Access to a catalogue of courses for individual learning;
• An inclusive workplace culture and environment with multiple Employee Resource Groups and much more!

Help make a difference for Canadians. CMHC\'s is that by 2030, everyone in Canada has a home that they can afford and that meets their needs. All of our programs and activities support this singular goal.

Be part of an inclusive workplace. guides everything we do at CMHC. We\'re taking to eradicate racism and advance equity within CMHC and the housing system.

Join the Client Operations sector, where we make delivering housing affordability solutions easy. The Specialist, Assisted Housing oversees administration and decisions relevant to underwriting, servicing and lending activities for the purposes of mitigating risks, optimizing client service and achieving corporate objectives. They also provide superior quality service to enhance the corporate image and maintain sound business relationships with industry clients and various levels of CMHC.

Responsibilities:

• In consultation with internal and/or external legal partners, drafting, preparing, and negotiating terms and conditions, and supporting clients in the execution of loan agreements and supporting documents.
• 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.
• 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 outcomes 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.

Minimum Qualifications:

• Bachelor\'s degree in Law, Legal studies, Commerce, Real estate, or a related field.
• Minimum of five years of experience in real estate law, construction financing or commercial banking.
• Demonstrated experience handling complex legal matters and aspects of real estate finance transactions including drafting and dealing with various loans and security documents and reviewing appropriate search results.
• Demonstrated client relationship management skills with the ability to negotiate with clients and arrive at acceptable solutions, sometimes in controversial conditions and tight time constraints.
• Experience in construction loan management or funding is an asset.
• Knowledge of multi-unit residential lending industry and practices is an asset.
• In-depth knowledge of risk factors related to construction finance and lending for affordable housing projects.
• Understanding of social and affordable housing programs.
• Strong knowledge of procedures, policies, regulations, and risk management.
• Knowledge of market trends, developments and practices in Canada and of industry partners.
• Strong decision-making skills.
• Excellent oral and written communication skills.

Preferred Qualifications:

• 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.

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

IMPORTANT NOTICE - COVID-19 MEASURES

On June 14, 2022, the Government of Canada announced that as of June 20, 2022, it will suspend vaccination requirements for federal government employees. This decision followed a review of the current public health situation, including the evolution of the virus and vaccination rates in Canada. As a result, and consistent with the Government of Canada decision, CMHC has suspended its Vaccination Policy, effective June 20, 2022.

As a result, at this time, CMHC does not require employees to be fully vaccinated as a condition of employment. CMHC will continue to monitor the public health situation and may at any time make adjustments and adopt or reintroduce measures, including mandatory vaccination, attestation and verification requirements. Any such vaccination measures, as updated from time to time, shall form a term and condition of your employment at CMHC.

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

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

We sincerely thank all candidates for their interest, however, please note that only applicants selected for further consideration will be contacted. If selected for an interview or testing, please advise us if you require an accommodation.

Canada Mortgage and Housing