Senior Officer, Operations - Construction Financing

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. 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 towards your personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.

About the role
Join the Housing Programs Team, in the Senior Officer, Operations (Construction Financing) position. In this role you will support projects approved under CMHC’s ACLP program by managing the advancing and disbursement of funds throughout the construction process until completion. You will also help ensure housing projects funded by CMHC are successfully constructed or renovated, while also ensuring that risks to CMHC are appropriately managed.

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

What you'll do:
 

• Review, process and approve funding requests and monitor the ongoing construction of Multi-Unit housing projects within the financial limits and budgetary authority.
• Review supporting documentation and professional third-party reports, such as, quantity surveyor reports, environmental site assessments, appraisals to assess risks to CMHC and recommend appropriate solutions.
• Liaise with internal and external stakeholders and clients to ensure funding conditions are met and satisfied prior to advancing funds.
• Contribute to internal performance monitoring and quality assurance processes by preparing and reviewing detailed outcome reports, collaborating within a team environment, and supporting service standards and turnaround times.
• Maintain quality relationships with clients to understand their needs and objectives.

 
What you should have:
 

• A bachelor’s degree in administration, finance, or accounting, or a combination of education and experience may be considered.
• A minimum of three (3) years of experience in construction financing, property administration or commercial mortgage funding.
• Demonstrated client management skills with the ability to negotiate with clients and arrive at acceptable solutions.
• Ability to interpret program guidelines.
• Strong analytical, problem-solving, and decision-making skills.
• Strong oral and written communication skills.
• Ability to establish and maintain effective working relationships with various stakeholders.

It would be great if you also had:
 

• A certification as a: Certified in Real Estate Finance (CRF), Certified Property Manager (CPM), Chartered Financial Analyst (CFA), Professional Quantity Surveyor (PQS), Canadian Risk Manager (CRM) or Accredited Appraiser Canadian Institute (AACI) designation.
• Knowledge of Multi-Unit underwriting principles and practices.
• Experience in building reports and/or in using statistical analysis software such as MS Excel.

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.

Learn more about our commitment to diversity and inclusion 

What happens after you apply 

We know that applying for a new job can be both exciting and daunting, and we appreciate your effort. Learn more about our hiring process.  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!