Bilingual Specialist, Multi-Unit Underwriter (Anywhere in Canada)

Join the Client Operations sector in the Bilingual Specialist, Multi-Unit Underwriter position. As a member of the Multi-Unit Underwriting team, you will identify, understand and assess the risks associated with each multi-unit, mortgage loan insurance application and provide a recommendation for decision. We are seeking an individual who has knowledge in real estate or banking and training in administration, finance or a related discipline and who is also recognized for their excellent analytical and risk management abilities as well as their propensity to maintain solid business relationships. You will help us make housing affordable for everyone in Canada. You will oversee risk recommendations and decisions related to underwriting an insured loan, mitigating risks, optimizing client service and achieving corporate objectives. You will also provide quality service to enhance the corporate image and maintains sound business relationships with industry clients and various levels of CMHC.

Please note that this job posting may be used to fill multiple positions of equivalent level in Commercial Solutions sector, for both permanent and temporary (contract) roles.
  
Responsibilities:  
 

• 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 practises 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.
• Maintains 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.

 
Minimum Qualifications: 
 

• Undergraduate degree in a relevant field such as business, finance or commerce.
• Minimum of three years experience in credit/financial analysis.
• Knowledge of financial analysis and statements, borrower legal structures and real estate financing.
• Strong analytical and problem-solving skills.
• Strong oral and written communication skills in both official languages (French – English).  
• Ability to establish and maintain effective working relationships. 
• Decision-making skills. 
• Strong understanding of serviced client groups in Canada, including related legal documentation. 

 
Preferred Qualifications:
 

• 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) would be considered an asset.
• Knowledge of construction financing, multi-unit underwriting, and credit risk analysis would be considered an asset.
• Experience in building reports and/or in using statistical analysis software such as MS Excel considered an asset.

Posting closing date: Note, the competition will remain active until filled.

IMPORTANT NOTICE – COVID-19 MEASURES

On June 14, 2022, the Government of Canada announced that as of June 20, 2022, it will suspend vaccination requirements for federal government employees.  This decision followed a review of the current public health situation, including the evolution of the virus and vaccination rates in Canada. As a result, and consistent with the Government of Canada decision, CMHC has suspended its Vaccination Policy, effective June 20, 2022.  

As a result, at this time, CMHC does not require employees to be fully vaccinated as a condition of employment.  CMHC will continue to monitor the public health situation and may at any time make adjustments and adopt or reintroduce measures, including mandatory vaccination, attestation and verification requirements. Any such vaccination measures, as updated from time to time, shall form a term and condition of your employment at CMHC.