Associate, CMHC Program

2 weeks ago


Toronto, Ontario, Canada Peakhill Capital Full time
Company Description


Peakhill Capital is a commercial real estate capital provider with mortgage investments across all real estate asset classes in Canada.

Our equity platform (Peakhill Equity Partners) is an opportunistic equity platform focused on investments in ground up and value-add projects in Canada and the United States.

We are hiring for a new role as an Associate, CMHC. The candidate can be located in Toronto or the GTA, Montreal or Calgary.

Responsibilities:

  • Reviews all CMHC applications prior to submission to CMHC in a timely manner, ensuring accuracy and compliance
  • Manages tight Service Level Agreements to turn around internal and correspondent applications
  • Responsible to ensure all Peakhill policies and procedures are aligned with CMHC's requirements, including changes to the Lender's Handbook and subsequent guidance as distributed by CMHC from time to time.
  • Develops and facilitates strong ongoing relationship with CMHC's multiunit underwriting group, ensuring stakeholder satisfaction with application quality.
  • Provides ongoing feedback to the origination and analyst teams on CMHC requirements as they change or as common themes are identified
  • Leads the team for all audits relating to the CMHC program at Peakhill, leveraging credit team as necessary.

Educational /Technical Experience:

  • University/College degree in Business Admin or related field is preferred
  • Minimum of 3 years of finance/accounting/mortgage experience
  • Knowledge of the Canadian Mortgage Industry
  • Understanding of Mortgage-Backed Securities and CMHC requirements
  • Working knowledge of Microsoft Word/Access
  • Expert knowledge of Excel
  • Working knowledge of Internet and Email Applications (Outlook/Outlook Express)

Qualifications:

  • High attention to detail: Responsible for Quality control, ensuring accuracy
  • Able to manage a high volume of work with low error rate
  • Understands policies, ensures operations and procedures are aligned to CMHC
  • Keeps current on CMHC guidance
  • Bilingual (French) would be an asset


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