Job Description

Job Requisition ID: 10542Position Status: Temporary Full TimePosition Type: HybridOffice Location: Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)Travel Requirement: Travel not requiredLanguage Designation: English EssentialLanguage Skill Levels (Read/Write/Speak): ZZZSalary: Our salaries generally range from $ 83038.35 to $ 103797.93 and are based on qualifications and experience.About CMHCThe 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. We have flexibility, in how, when, and where we work, within the boundaries of the business needs and the nature of your role. 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\xe2\x80\x99s in it for youWe\xe2\x80\x99ve got the purpose, the people and the perks you need for a fulfilling career. Here\xe2\x80\x99s the comprehensive and generous benefits you get when you\xe2\x80\x99re a contract employee:

• Accrued vacation.
• Annual individual performance bonus.
• Group insurance coverage to support your well-being from day one.
• Support torwards your personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates.

About the role
Join the Commercial Solutions team in the Specialist, Multi-Unit Underwriting position. As a member of the Multi-Unit Underwriting team, you will identify, understand and assess the risks associated with each multi-unit, mortgage loan insurance application and provide a recommendation for decision.This is a temporary position until December 31st, 2025.What you\xe2\x80\x99ll do:Conduct detailed risk analysis involving program/product requirements, including but not limited to an assessment of the property, market, borrower and loan, which may involve financial, legal and professional reviews.Apply sound judgment and decision-making practises that are factual and based on well-reasoned analysis to derive insurance risk recommendations and mitigation options in line with CMHC\'s risk appetite.Exercise prudence and diligence to ensure compliance with all relevant internal policies and procedures applicable to the function.Maintain quality relationships with clients to understand their needs and objectives and explore opportunities.Work in a team environment and contribute to service standards and turnaround times.Engage internal support functions such as legal services, policy and operations, and borrower analysis to seek clarification and concurrence in support of recommendations.What you should have:An undergraduate degree in a relevant field such as business, finance or commerce.A minimum of five years\' experience in credit risk and/or financial analysis.Knowledge of financial analysis and statements, borrower legal structures and real estate financing.Strong analytical and problem-solving skills.Ability to establish and maintain effective working relationships.Decision-making skills.Strong understanding of serviced client groups in Canada, including related legal documentation.It would be great if you also had:Successful completion of a professional association designation such as Certified in Real Estate Finance (CRF), Accredited Appraiser Canadian Institute (AACI), Chartered Accountant (CA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), or Certified Property Manager (CPM).Knowledge of construction financing, multi-unit underwriting, and credit risk analysis.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 inclusionWe\xe2\x80\x99re 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 \xe2\x80\x93 and of people \xe2\x80\x93 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\xe2\x80\x99t worry \xe2\x80\x93 we\'re always posting new positions, so don\xe2\x80\x99t hesitate to give it another shot. We\xe2\x80\x99re excited to see what you bring to the table this time around!

Canada Mortgage and Housing Corporation