CMHC Lending Manager — Multifamily & Construction

Firstontario Credit Union Limited; Hamilton; Hybrid; CAD 81,000 - 112,000; Full time

Benefits offered by this job

Competitive compensation

Health and wellness benefits

Pension plan

Flex-work environment

Employee Volunteer program

Job summary

FirstOntario Credit Union Limited is seeking a Manager of Credit Solutions & CMHC Underwriting to lead underwriting and management of a CMHC-insured commercial lending portfolio in Hamilton, ON. You will guide a team of Commercial Business Analysts and work with Account Managers and Credit Adjudication to grow CMHC lending responsibly.

The role emphasizes transaction structuring, regulatory compliance, and delivering exceptional member experience, while staying current on CMHC program changes

Qualifications

• 4–6 years in commercial lending with significant real estate financing exposure.
• Experience underwriting multifamily, CMHC-insured real estate transactions.
• Strong CMHC policy knowledge and underwriting standards.
• Advanced financial analysis and risk assessment capabilities.

Responsibilities

• Lead underwriting and execution of CMHC-insured multifamily loans, including various rental housing projects.
• Coach and mentor Commercial Business Analysts and Account Managers on CMHC requirements.
• Develop and implement underwriting standards and best practices for CMHC programs.
• Provide portfolio oversight including covenant monitoring and risk assessment.

Skills

CMHC underwriting

Commercial lending

Financial analysis

Team leadership

Stakeholder management

Regulatory compliance

Education

Business degree

Finance background

Tools

Excel

Financial modelling

CMHC systems

Job description

FirstOntario Credit Union Limited is seeking a Manager of Credit Solutions & CMHC Underwriting to lead underwriting and management of a CMHC-insured commercial lending portfolio in Hamilton, ON. You will guide a team of Commercial Business Analysts and work with Account Managers and Credit Adjudication to grow CMHC lending responsibly.

The role emphasizes transaction structuring, regulatory compliance, and delivering exceptional member experience, while staying current on CMHC program changes