• Job Description

  Req#: 9601

  Job Requisition ID: 9601

  Position Status: Temporary Full Time

  Position Type: Hybrid

  Office Location: Montreal (QC); Calgary (AB); Halifax (NS); Ottawa (ON); 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 $ 68974.7 to $ 86218.38 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 permanent employee:

  • 5 weeks of vacation
  • Annual individual performance bonus
  • Defined benefit pension plan
  • Comprehensive group insurance plan to support your well-being from day one
  • 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 our partners view CMHC as the catalyst for solving housing affordability challenges. In the role of Bilingual Underwriter, Multi-Unit, you will identify, understand and assess the risks associated with each multi-unit, mortgage loan insurance application and provide a recommendation for decision.

  This position has a duration of 12 months
  
  What You’ll 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 practices 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, accounting, finance or commerce.
  • A minimum of three years experience in credit risk and/or financial analysis.
  • A capacity to review and understand financial statements, as well as borrower legal structures.
  • A strong analytical and problem-solving skills, as well as strong decision-making skills.
  • A strong oral and written communication skills in French and English as most of the work will be conducted in French.
  • The ability to establish and maintain excellent working relationships (colleagues and partners).
  • A strong ability to work efficiently and achieve great results in a mostly hybrid environment with little supervision.
  • A strong understanding of serviced client groups in Canada, including related legal documentation.

  
  It would be great if you also had:
  

  • A 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).
  • A knowledge of Real estate financing and/or multi-unit underwriting.

  
  

  Posting closing date: Note, the competition 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.

  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!

• About the company

  Canada Mortgage and Housing Corporation is a Crown Corporation of the Government of Canada.

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