Bilingual Senior Specialist, Multi-Unit Underwriting (ACLP)

Canada Mortgage and Housing Corporation; Toronto; Hybrid; CAD 104,000 - 130,000; Full time

Benefits offered by this job

Annual Paid vacation

Performance incentive

Group insurance plan

Training and mentorship

Inclusive workplace culture

Indigenous accommodation

Job summary

Canada Mortgage and Housing Corporation is seeking a Bilingual Senior Specialist, Multi-Unit Underwriting to advance new housing development across Canada. You will lead risk analysis, underwriting decisions, and client relationship management to support the ACLP program.

Join a team focused on delivering complex underwriting solutions, mentoring colleagues, and driving efficiencies while maintaining high standards of client service and compliance.

Qualifications

• Seven years of experience in multi-unit underwriting and credit risk analysis.
• Experience with housing financing and loan approvals.
• Expert knowledge of underwriting theories, principles and processes.
• Ability to present ideas clearly to gain approvals.
• Ability to establish and maintain effective relationships and motivate others.
• Strong oral and written communication skills; able to convey decisions clearly.
• Ability to take initiative and work independently within CMHC.

Responsibilities

• Review, prioritize and underwrite loan applications while assessing financial viability.
• Lead underwriting for large-scale projects within delegated authority.
• Coach team members and guide on complex financial requests.
• Maintain relationships with clients and collaborate with solutions teams.
• Advise stakeholders and government partners, offering alternative solutions.
• Drive process improvements to increase efficiency and customer experience.

Skills

Multi-unit underwriting

Credit risk analysis

Real estate financing

Loan adjudication

Mortgage loan insurance

Financial markets

Education

Undergraduate degree in accounting, finance, business administration or commerce

Job description

Select how often (in days) to receive an alert:

Job Requisition ID: 12007

Position Status:Permanent Full Time

Position Type:Hybrid

Office Location:Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)

Travel Requirement:Limited

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

Security Requirement:Reliability Status

Salary:Our salaries generally range from $104180.28to $130225.36and are based on qualifications and experience.

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.
• 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 Apartment Construction Loan Program (ACLP), in the Bilingual Senior Specialist, Multi-Unit Underwriting position. In this role, you will help advance new housing development across Canada by supporting the delivery of the Apartment Construction Loan Program. You will leverage your financial expertise, underwriting experience and relationship-building skills to drive the development of rental housing across the country. You will lead risk management analysis, decisions and recommendations for approval for the most complex scenarios related to underwriting, file-specific risk mitigation, optimizing client service and achieving corporate objectives.

What you'll do:

• Apply sound judgement and decision-making practices based on complex conducted financial analysis while making recommendations.
• Act as a direct lender under the ACLP program: review, prioritize and underwrite loan applications while assessing financial viability while adhering to the program's policies and operational procedures.
• Lead underwriting for large-scale projects, exercising delegated financial authority.
• Demonstrate leadership by coaching team members and providing guidance on complex, high-value, or high-risk financial requests, including the use of technical financial tools.
• Maintain quality relationships with clients and collaborate with Client Solutions teams to manage and maintain complex and sophisticated external client relationships, to understand their needs, objectives, and explore opportunities.
• Work in partnership with clients, stakeholders, and various levels of government by offering advice, support and alternative solutions.
• Manage politically sensitive issues by demonstrating critical thinking, judgment and know-how to find solutions.
• Implement process improvements for increased efficiencies and enhanced customer experience.

What you should have:

• An undergraduate degree in accounting, finance, business administration or commerce or a related field.
• A minimum of seven (7) years of experience in Multi-unit underwriting, as well as credit risk analysis, real estate financing, loan adjudication, mortgage loan insurance and financial markets.
• Demonstrated experience working with financial viability and loan approvals with specialized knowledge of housing financing.
• Expert knowledge of underwriting theories, principles and processes.
• The ability to present ideas in a clear and convincing manner to facilitate having proposals or plans accepted.
• The ability to establish and maintain effective relationship and to motivate others, influence and develop their potential.
• Solid oral and written communication skills, with the ability to clearly convey decisions and address objections.
• The ability to take initiative and work independently to develop and utilize a network within CMHC.

It would be great if you also had:

• Experience or knowledge in property management, real estate appraisal, property inspection, or real estate law is considered an asset.
• Successful completion of a professional association designation such as CRF, AACI, CA, CMA, CFA, or CPM.
• Experience in building reports and/or in using statistical analysis software such as MS Excel.

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.

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!