Specialist, Multi-Unit Underwriter

1 month ago


Ottawa, Canada CMHC Full time

Job Requisition ID: 10513

Position Status:  Temporary Full Time 

Position Type:  Hybrid 

Office Location:  Toronto (ON); Calgary (AB); Halifax (NS); Montreal (QC); Ottawa (ON); Vancouver (BC)

Travel Requirement:  Travel not required 

Language Designation:  English Essential 

Language Skill Levels (Read/Write/Speak):  ZZZ 

Salary:  Our salaries generally range from $ 83038.35 to $ 103797.93 and are based on qualifications and experience. 

About CMHC

The 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’s in it for you

We’ve got the purpose, the people and the perks you need for a fulfilling career. Here’s the comprehensive and generous benefits you get when you’re 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 Affordable Housing Fund or Canada Greener Affordable Housing fund teams or the Apartment Construction Loan Program in the role of Specialist, Multi-Unit Underwriter (Housing Program). In this position, your financial analysis skills and passion for building strong client relationships will help achieve our government program objectives.

This is a temporary position with a duration of 24 months.

What you’ll do:

Apply sound judgement and decision-making practices based on complex financial analysis while making recommendations.  Maintain quality relationships with clients to understand their needs and objectives and explore opportunities. Review, prioritize and approve loan, subsidy and contribution applications while assessing financial viability.  Manage risk by exercising prudence and due diligence while reviewing, assessing and approving applications.  Work in partnership with clients, stakeholders, and various levels of government by offering advice, support and alternative solutions.  Communicate decisions, interpreting policies and responding to inquiries related to CMHC’s housing programs. Provide input to shape functional policies, products, and processes. Prepare briefing notes, submissions, issue papers, dockets, and responses to Ministerial and Presidential correspondence related to the delivery of CMHC’s Housing programs.


What you should have:

A Bachelor's Degree in Business, Finance, or Commerce and five (5). years’ experience in construction financing, real estate, financial markets or credit risk analysis for Multi-Unit properties. Demonstrated experience working with financial viability and loan approvals.  Demonstrated experience reviewing, evaluating and prioritizing loans, subsidies and/or contribution applications. The ability to research issues, analyze problems, synthesize information and make recommendations.  The ability to manage files and issues (sensitive in nature) using critical thinking and judgement.  The ability to establish and maintain effective working relationships. Strong problem-solving and analytical skills. 

Posting closing date: Note, the competition will 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.

What happens after you apply 

We 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’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



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