Officer, Financial Solutions

2 months ago

Ottawa, Canada Federation of Canadian Municipalities Full time

The Federation of Canadian Municipalities (FCM) is the national voice of municipal governments, representing the interests of cities and communities with the federal government.

**Position**

**Officer, Financial Solutions (Sustainable Affordable Housing)**

**Department**

**Growth & Development - Green Municipal Fund - Client & Funding Services**

**Classification**

**Level 5**

**Salary**

**Our salaries generally range from $73,000 - $82,500, and are based on qualifications and experience**

**Languages**

**English required, French is an asset**

**Term**

**Permanent Full-Time**

**Location**

**Hybrid (Ottawa)**

**Why GMF is the place for you**

At GMF, we empower our people to create change where it has the most impact - municipalities. GMF is a $1.6 billion permanent endowment from the Government of Canada, managed at arm's length, making it nimble and available for higher-risk, higher-impact initiatives. A further $530M investment into GMF to support the National Adaptation Strategy was announced in November 2022. Our team is committed to helping local governments switch to sustainable practices faster. GMF is the cornerstone program of the Federation of Canadian Municipalities (FCM).

Our unique mix of funding, resources, and training gives municipalities the tools they need to build resiliency — and create better lives for Canadians. Through GMF, municipalities have reduced carbon emissions; built better transportation assets; constructed efficient and resilient buildings; diverted waste from landfill; made previously unusable land available for development; and improved soil and water quality.

**You in this role**:
The future of work at FCM includes a commitment to being a more inclusive and anti-racist racist organization with a people centered approach. The incumbent embodies FCM’s commitment to being a healthy, diverse, inclusive, and anti-racist organization.

The work at FCM includes FCM becoming an even more member-driven organization that balances the realization of its goals with a people-centered approach. The incumbent embodies FCM’s commitment to being a healthy, diverse, inclusive, and anti-racist organization. As a member of the officer works in a manner that embraces these values, the corporate culture and the passion for FCM’s mandate.

**What you’ll be doing**:

- Responsible for internal and external communications, document review, keeping accurate and up to date financial records of the project and borrower, and ensuring timely processing to facilitate the underwriting and environmental review process
- Provides assistance and guidance to applicants with a view to clarifying the financial viability of the loan and contribution request, and providing information of importance to finalizing funding agreements and contracts
- Liaising with internal expertise on environmental viability of projects, which includes sharing relevant knowledge products and capacity building resources
- Facilitates and supports the Peer Review process, including reviewing scores and comments, conducting additional research or consulting with applicants and FCM staff to clarify and/or elaborate content information
- Prepares recommendations following approval, which may include contract amendments, scope changes and closure memos
- Assists with the overall preparation and administration of term sheets and funding agreements within the assigned portfolio, which includes consulting with clients on contract terms, negotiating where required, reviewing, and finalizing agreements and obtaining applicable signatures
- Reviews contracts for adherence against mandatory requirements, ensures that it reflects the pre-approved terms and conditions, and submits for processing
- Reviews and recommends disbursement requests, and content of progress and final reports, based on contract requirements
- Communicates with direct supervisor and main internal stakeholders to provide status updates on files, consults on complex contract negotiations, and reports any significant changes in disbursement timing and cash flow
- Reviews project and in some cases, environmental result reports to identify significant results or lessons learned which may be used as case studies or to support the development of knowledge/communication products, and shares relevant information with other teams
- Participates as required in cross-functional team project work for GMF, FCM Programs department or in FCM-wide initiatives

**Your skills make us better**:
You bring:
**Education**:

- University degree in Finance, Business administration, Economics, Commerce, or a related field.

**Experience**:

- Minimum of 3 - 5 years of professional experience in construction and takeout financing in the housing sector.

**Knowledge**:

- Knowledge of planning, delivery, and administration of housing finance, with an ability to analyze, reason and work within complex construction projects
- Knowledge of federal and provincial funding progra

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