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Specialist, Financial Solutions (Position can be located anywhere in Canada)

Sector: Client Solutions 

Language Designation: Bilingual 

Language Skill Levels (Read/Write/Speak): CBC, English Essential 

Salary Range: $74852.60 to $93565.75

Position Status: Permanent Full Time 

 
We’re not your typical government agency
Canada Mortgage and Housing Corporation (CMHC) exists for a single reason: to make housing affordable for everyone in Canada. We’re mobilizing the expertise and energy of governments, non-profits, lenders, developers, social entrepreneurs and co-ops to create the future of housing. At CMHC, we believe that everyone in Canada should have a place to call home.
 
Experience a Results-Only Work Environment™ (ROWE™)
At CMHC, we trust you to get the job done. We’ve shifted from managing people to managing work. Each employee is 100% autonomous and 100% 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.
 
 

About the role
We’re constantly evolving to build an inclusive housing system through research, design, innovation and partnerships. The position is an exceptional opportunity to become a member of the Financial Solutions team, where you will be responsible for performing the review, prioritization and approval of subsidy, contributions and loans applications under the National Housing Strategy (NHS) and existing Affordable Housing programs.  You will also be responsible for the risk recommendations and decisions for the more complex scenarios relevant to reviewing applications, financial assessments, mitigating risks, optimizing client service and achieving government program objectives that will help us make housing affordable for everyone in Canada.
 

What you will need
• Bachelor's Degree such as Business, Finance, or Commerce with a minimum five (5) years of relevant experience or an equivalent combination of related education and experience.   
• Strong knowledge of construction financing, real estate, financial markets and credit risk analysis                                                      
• Demonstrated experience working with financial viability and loan approvals
• Demonstrated experience reviewing, evaluating and prioritizing loans, subsidies and/or contribution applications                            
• Sound knowledge CMHC Multi-Unit Programs, Commercial Residential Financing and affordable housing programs   
• Ability to research issues, analyse problems, synthesize information and make recommendations.                                                                                                             
• Ability to establish and maintain effective working relationships                                                 
• Strong decision-making skills and analytical skills
• Strong oral and written communication skills                                                

 

What you will be doing
• Providing effective and efficient delivery of NHS and existing Affordable Housing programs in contribution to service standards                                                        
• Reviewing, prioritizing, assessing financial viability and approving loan, subsidy and contribution applications and leveraging the various programs offered by Assisted Housing to find the most suitable solution for the proponents to achieve the expected results of the programs                                         
• Reviewing, prioritizing assessing financial viability and approving affordable housing loan, subsidy and contribution applications within the associated policy framework and delegated financial authorities                   
• Applying sound judgement and decision-making practices that are factual and based on complex financial analysis to derive recommendations and solutions in line with the expected results of the programs and within CMHC's risk appetite and government expectations                              
• Managing risk by exercising prudence and due diligence while reviewing, assessing and approving applications, monitoring the quality of results and by reviewing key performance indicators        
• Working in partnership with clients, stakeholders, and various levels of government by offering advice, support and alternative solutions and communicating key decisions, interpreting policies and responding to inquiries related to NHS programs                                                         
• Serving as peer reviewer and approver on real estate investment and risk recommendation decisions within their financial authority limits                                                    
• Providing input to shape functional policies, products, and processes                                      
• Preparing briefing notes, submissions, issue papers, dockets, and responses to Ministerial and presidential correspondence related to the delivery of NHS and existing Affordable Housing programs                                                         
• Maintaining quality relationships with clients to understand their needs and objectives and explore opportunities             

 

Does this sound like you?
Click the “apply now” button and create an account (it should take about 30 seconds). We’re excited to hear from you! 

 

Posting closing date: October 1, 2019 @ 11:59 pm EST (Note, the competition may remain active until filled)

 

 

Job Requisition ID: 4049  

Primary Location: OttawaOntario  

Other Location(s):  

Security Requirement: Reliability Status 

Travel Requirement: Travel not required 

 

We sincerely thank all candidates for their interest, however, please note that only those applicants selected for further consideration will be contacted.
 
Diversity
CMHC is an employer that values diversity and encourages the learning and use of both Canada's official languages. CMHC is committed to employment equity and actively encourages application from women, Indigenous people, persons with disabilities and visible minorities
 
*If selected for an interview or testing, please advise us if you require an accommodation.

Learn more below about CMHC and how we help Canadians meet their housing needs.