Bilingual Manager, Credit Risk and Financial Analysis

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 permanent employee:

• Annual paid vacation.
• Annual individual performance incentive.
• Defined benefit pension plan.
• Comprehensive group insurance plan 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.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates.

About the role

Join the Multi-Unit Borrower Financial Analysis (MUBFA) team within the Business and Portfolio Operations Division. In the role of Bilingual Manager, Credit Risk and Financial Analysis, you will lead a team of Credit Specialists and oversee all risk recommendations and decisions related to Financial Capacity Reviews supporting Multi-Unit Mortgage Loan Insurance (MU MLI) Underwriting. You will serve as a subject matter expert on complex financial assessments for large borrowers, guiding reviews through the Rental Housing Credit Committee (RHCC) approval process. You will also build and maintain strong business relationships with internal clients including Underwriting, Housing Solutions, and Financial Institutions, as well as external clients. Your expertise will ensure independent, high quality financial capacity assessments that support both MU MLI and Housing Programs.

What you’ll do:

• Manage a team of credit specialists and oversee the prudent, effective, and efficient delivery of financial capacity reviews in support of multi-unit mortgage loan insurance Underwriting, through the manager and peer review process.
• Discuss and defend the recommendations on complex borrower financial capacity reviews with Underwriters, client solutions, and, when required, with lenders and borrowers.
• Demonstrate leadership through participation in the MU MLI community and by providing advice to senior management that shapes functional policies and processes.
• Act as a subject matter expert and trusted resource, offering guidance and support to colleagues in navigating complex challenges or situations, particularly in the preparation and presentation of cases to the Rental Housing Credit Committee.
• Conduct in-depth analysis and provide strategic guidance and recommendations through the manager and peer review process for complex financial capacity assessments, particularly those involving intricate borrower structures, elevated construction risks, significant financial exposures, and policy exceptions, as applicable.

What you should have: 

• An undergraduate degree in a related field such as business, finance, or commerce.
• A minimum of seven (7) years of relevant experience, including at least three years in a supervisory role or equivalent, with a focus on conducting complex financial capacity reviews and coaching others.
• Strong knowledge of credit risk, financial markets related to mortgage loan financing, and credit risk management policies and methodologies.
• Demonstrated expertise in financial analysis and statements, borrower legal structures, and real estate financing, with sound knowledge of appraisal, building technology, real estate law, and property management.
• Proven analytical reasoning, decision-making, and problem-solving skills in the context of credit and financial analysis.
• Strong oral and written communication skills in both official languages (French and English), including the ability to persuade, negotiate, and influence effectively in technical and professional contexts.
• Solid understanding of market trends and developments in Canada, as well as familiarity with key industry partners and external client groups, including their legal structures and documentation.
• Ability to establish and maintain effective working relationships, and to act as a trusted resource in supporting staff through complex credit scenarios.

It would be great if you also had:

• Successful completion of a relevant professional designation such as CFA or CPA. 

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!