Manager, Lending Services

**Position Summary**:
**MANAGER, LENDING SERVICES**

**Job ID: 5688**

**REGULAR/FULL-TIME**

**Location: BURNABY, BC**
- ** Join one of BC’s Top Employers**:

- ** Be part of an exceptional company culture with great employee benefits and a healthy work/life balance**

**BC Housing thanks all applicants for their interest; only those selected for an interview will be contacted. This position is only open to those legally entitled to work in Canada.**

**THE ORGANIZATION**

BC Housing is a provincial Crown Corporation that develops, manages and administers a wide range of subsidized housing options for those most in need across the province to address critical gaps across the housing continuum ranging from emergency shelter through to rent assistance in the private market and affordable home ownership. _Share in the rewards of working with an organization that offers challenging work and competitive compensation and supports the growth and development of its people._

**Our mission** is to provide access to safe, quality, accessible, and affordable housing options. We do this to promote strong, inclusive communities where people can thrive.

BC Housing offers competitive salaries and an excellent benefits package. But a job is more than a pay cheque. We also offer our staff the opportunity to work together to make a difference. When employees go home at the end of the day, they experience the satisfaction of knowing they’ve helped provide safe, affordable housing for British Columbians. And while they’re here, employees can take advantage of many opportunities:

- In-house training, and training at other institutions, for courses related to employees’ current positions or to prepare them for advancement within BC Housing.
- Wellness programs including physical fitness, programs to help employees quit smoking, free flu shots, mental health resources, and lunch-and-learn lectures and seminars.
- Recognition programs including long-term service awards, idea recognition and outstanding performance awards.
- Livegreen incentives include an employee transit pass program, and other initiatives that encourage alternative, sustainable transportation (even a bike purchase program).
- An active Social Club that organizes special events like seasonal parties and arranges group discounts to other events.
- Participation in community and charitable events.

**Please note: Eligibility for benefits offered is based on employment status**

**MANAGER, LENDING SERVICES**:
($84,795 - $99,759 Annually)

***

Reporting to the assigned Senior Manager, Lending Services, the Manager, Lending Services provides leadership in designing and developing financial and development risk analysis in the areas of financial modelling and analysis, development feasibility, capital sourcing, and business case and legal support for housing development and re-development projects. He/she/they provides direction in the review of mortgage documentation for Development and Asset Strategies, Building Envelope Repair projects, and Provincial Infrastructure Grant Projects. The position evaluates the feasibility and risk of housing projects and develops strategies for the mitigation of ownership, funding, and financial risks to the Commission. The role leads the negotiations with partners, housing providers, municipalities, developers, and others to ensure projects are structured properly and are financially viable with appropriate capital structure and sourcing. He/she/they works closely with the Mortgage Administration and Development and Asset Strategies staff regarding the provision of construction lending, mortgage financing and legal administration services, and monitors any changes to the risk profile throughout the life cycle of the project and recommends strategies to reduce risk as required. The position leads and contributes to the development of risk management methodologies, processes, models, and systems to facilitate the ongoing identification, evaluation, monitoring, and mitigation of risk to the Commission.

**CANDIDATE PROFILE**

**EDUCATION & EXPERIENCE**:

- Bachelor’s degree in Business Administration, Urban Land Economics, or other relevant discipline.
- Extensive well-rounded experience in commercial/multi-unit construction underwriting.
- Or an equivalent combination of education, training, and experience acceptable to the Employer.

**KNOWLEDGE, SKILLS AND ABILITIES**:

- Considerable knowledge and understanding of the structuring and financing of social housing and market rental developments involving multiple partners.
- Considerable knowledge and understanding of risk modelling, and the ability to assess risk and develop a comprehensive risk profile for each project.
- Ability to learn and understand departmental policies and procedures and of the Commission’s mandate and programs.
- Ability to work in a team environment and facilitate creative thinking with respect to the best use of development properties, for