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At CMHC, we trust you to get the job done. Since January 2019, we’ve shifted from managing people to managing work. Each employee is 100% autonomous and accountable. You can choose where you need to be and when you need to be there to meet your objectives. You’re in control of your time and are trusted to make the right decisions.

Bilingual Senior Analyst, Multi-Unit Underwriting (Position can be located anywhere in Canada)

Help make a difference for Canadians. CMHC’s aspiration is that by 2030, everyone in Canada has a home that they can afford and that meets their needs. All of our programs and activities support this singular goal.

Be part of an inclusive workplace. Diversity and Inclusion guides everything we do at CMHC. We’re taking concrete actions to eradicate racism and advance equity within CMHC and the housing system.



Join the Client Solution Team, where our partners view CMHC as the catalyst for solving housing affordability challenges. 
The Real Estate Financing Professionals program is a talent recruitment and training program designed to attract, train and retain top talent and provide a unique career opportunity in multi-unit underwriting and in real estate credit and risk analysis.  
Multi-unit underwriting is a highly specialized area and we are looking to increase our internal capability. This will help solidify our position as the Canadian expert and leader in multi-unit housing finance and risk management, and further expand our expertise in the creation and preservation of market and affordable rental units.
As part of the 12-month training program, you will get exposure to the complete multi-unit mortgage life cycle and default management including policy interpretation, enabling you to learn firsthand about the various risks related to the housing market. At the end of the training, you will have gained the knowledge and skills you will need to continue your career as a real estate financing professional on one of CMHC’s Multi-Unit Underwriting teams. 


• 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 practices that are factual and based on well-reasoned analysis to derive recommendations and solutions in line with CMHC's risk appetite.
• Offer advice, support and alternative solutions to clients and stakeholders including the communication of key decisions, exercising prudence and diligence to ensure compliance with all relevant internal policies and procedures applicable to the function.
• Serve as peer reviewer and approver on risk recommendation decisions within financial authority limits, as applicable.
• Analyze applications involving issues including misrepresentation, borrower structures and financial capacity reviews and exceptions to policy, as applicable.
• Work in a team environment and contribute to service standards and turnaround times, while also engaging internal support functions such as legal services, policy and operations, and borrower analysis to seek clarification.
• Use effective oral and written communication techniques to deliver quality service, while maintaining quality relationships with clients to understand their needs and objectives and explore opportunities.

Minimum Qualifications:

• A commitment to demonstrating CMHC values
• Bachelor’s degree in business, finance, commerce, or real estate combined with a minimum of two (2) years of experience in Real Estate Underwriting and Analysis (Multi-Unit 7+), with a demonstrated proficiency in the understanding and application of Real Estate Financing  parameters.  
• Knowledge of financial analysis and statements, borrower legal structures and real estate financing, in addition to familiarity with procedures, policies, regulations, and risk management. 
• Strong analytical, problem-solving and decision-making skills with a demonstrated ability in the identification and mitigation of multi-unit real estate risks.
• Knowledge of market trends and developments in Canada and of industry partners.
• Ability to establish and maintain effective working relationships.
• Strong oral and written communication skills in both official languages (French and English)
Preferred Qualifications:
• Solid understanding of the Canadian housing market industry (construction, rental, multi-unit development).


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




CMHC has implemented vaccination requirements to align with Government of Canada mandatory vaccination measures for the federal public service.


Vaccination against COVID-19 is mandatory for all CMHC employees, regardless of place of work (teleworking, working remotely or working on-site). CMHC’s vaccination measures, as updated from time to time, are a term and condition of employment.


CMHC requires all new employees to be fully vaccinated prior to their start date, and to attest their vaccination status as part of the onboarding process. If you are the selected candidate, and wish to request an exemption from CMHC’s vaccination requirements on valid human rights-based grounds, you must do so at the offer stage as part of the recruitment process.


CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our aspiration.


We are committed to employment equity and actively encourage applications from women, Indigenous Peoples, persons with disabilities, veterans and persons of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions. We also welcome applications from non-Canadians who are eligible to work in Canada.


We sincerely thank all candidates for their interest, however, please note that only applicants selected for further consideration will be contacted. If selected for an interview or testing, please advise us if you require an accommodation.


Job Requisition ID: 7273  

Language Designation: Bilingual 

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

Minimum Base Salary: 65335.51 

Travel Requirement: Travel not required 

Office Location: Toronto (ON); Calgary (AB); Charlottetown (PE); Edmonton (AB); Halifax (NS); Moncton (NB); Montreal (QC); Ottawa (ON); Quebec (QC); Saskatoon (SK); St. John's (NL); Thunder Bay (ON); Vancouver (BC); Winnipeg (MB); Yellowknife (NT)

Other Location(s):