Bilingual Multi-Unit Underwriter

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. (to be added for contracts that exceed 13 + months)
• 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 Commercial Solutions Team where our partners view CMHC as the catalyst for solving housing affordability challenges. In the role of Bilingual Senior Analyst, Multi-Unit Underwriting, you will identify, understand and assess the risks associated with each multi-unit, mortgage loan insurance application and provide a recommendation for decision.  

This is a temporary position until December 31st, 2025, with possibility of extension. 

Open to internal employees in a Remote position or with a current Hybrid exception living at more than 125 km from a CMHC office.
   
What You’ll Do:   

• 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 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. 

• Maintain 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. 

  
What you should have:  

• An Undergraduate degree in a relevant field such as business, accounting, finance or commerce, or an equivalent combination of education and/or experience. 

• A minimum of three years' experience in credit risk and/or financial analysis. 

• A capacity to review and understand financial statements, as well as borrower legal structures. 

• A strong analytical and problem-solving skills, as well as strong decision-making skills. 

• A strong oral and written communication skills in French and English with the ability to clearly communicate decisions and tackle objections when required.

• The ability to establish and maintain excellent working relationships (colleagues and partners).  

• A strong ability to work efficiently and achieve great results in a mostly hybrid environment with little supervision. 

• A strong understanding of serviced client groups in Canada, including related legal documentation.  

  
It would be great if you also had:  

• A knowledge of Real estate financing and/or multi-unit underwriting. 

Posting closing date: Note, the competition may 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!