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Specialist, Financing Operations

Sector: Client Operations 

Language Designation: Bilingual 

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

Salary Range: $ 74 852,60  to $ 93 565,75

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

Bring your legal or construction financing experience to this exciting opportunity and help ensure that, by 2030, everyone in Canada has a home that they can afford and that meets their needs. As a member of the Financing Operations team, you will help bring projects approved under Canada’s National Housing Strategy through the contract negotiation process to the advancing and disbursement of funds. Your role will help ensure that housing projects funded by CMHC are successfully constructed or renovated and that risks to CMHC are appropriately managed.


What you will need

  • A commitment to demonstrating CMHC values.
  • Bachelor’s degree in business administration, commerce or real estate law.
  • Minimum of five years of relevant experience in real estate law, construction financing or commercial banking, or an equivalent combination of related education and experience.
  • Knowledge of multi-unit residential lending industry and practices is an asset.
  • Demonstrated analytical experience dealing with complex legal matters, including loan agreements, operating agreements, construction lien acts, leasehold agreements, personal property security, land title registration, loan guarantees, and the interpretation of complex land title searches in various provinces and territories.
  • Demonstrated client management skills with the ability to negotiate with clients and arrive at acceptable solutions, sometimes in controversial conditions and tight time constraints.
  • In-depth knowledge of risk factors related to loans for affordable housing projects.
  • Understanding of social and affordable housing programs.
  • Strong knowledge of procedures, policies, regulations and risk management.
  • Strong relationship-building skills with the ability to provide superior quality service.
  • Superior analytical and problem-solving skills.
  • Excellent oral and written communication skills.
  • Knowledge of market trends and developments in Canada and of industry partners.
  • Ability to establish and maintain effective working relationships.
  • Strong decision-making skills.
  • 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 will be considered an asset.
  • Experience in construction loan management or funding is an asset.


What you will be doing

  • Negotiating terms and conditions and providing guidance to clients using knowledge of practices and policies pertaining to program funding, finance, law, property management, and mortgage underwriting policies and procedures for social and market housing.
  • Preparing and supporting our clients in the execution of loan agreements and supporting documents in consultation with legal partners.
  • Reviewing and analyzing complex funding commitments and providing recommendations for legal contracts, funding strategies and construction advancing.
  • Performing in-depth analysis of legal documentation and professional third-party reports, such as appraisals, quantity surveyor reports and environmental site assessments, to assess risks to CMHC and recommend appropriate solutions.
  • Recommending funding advances.
  • Analyzing complex files to derive recommendations and solutions in line with the expected results of the programs and government expectations and within CMHC’s risk appetite.
  • Providing expertise and advice on relevant programs, policies, products and services.
  • Establishing and maintaining meaningful relationships with clients and other relevant stakeholders to gain a thorough understanding of the operations and environment, to facilitate reviews and analysis of documents.
  • Leveraging financial and policy authorities to recommend exceptions, when applicable, while designing new solutions.


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: May 31, 2019, at 11:59 p.m. ET (Note that the competition may remain active until the position is filled.)



Job Requisition ID: 3516  

Primary Location: OttawaOntario  

Other Location(s): Various Locations Across Canada 

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.
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.