Hybrid Analyst: CMHC Commercial Lending (Multifamily)

Firstontario Credit Union Limited; Hamilton; Hybrid; CAD 59,000 - 81,000; Full time

Benefits offered by this job

Hybrid work environment

Health benefits

Pension plan

Professional development

Volunteer program

Employee Assistance Program

Job summary

FirstOntario Credit Union Limited is seeking a Business Analyst for CMHC Commercial Services in Hamilton. The role focuses on origination, underwriting, funding and portfolio management of CMHC-insured commercial real estate financing, with a primary emphasis on multifamily housing.

You’ll perform detailed financial analysis, due diligence and credit submissions to support financing solutions in line with CMHC and FirstOntario risk standards.

Qualifications

• Have a post-secondary diploma or degree in business or related field.
• Minimum 3 years of Commercial lending experience or commercial credit adjudication.
• Knowledge of CMHC-insured financing programs and multifamily real estate underwriting is preferred.

Responsibilities

• Support CMHC-insured lending opportunities, including acquisition, refinance, construction, lease-up and term financing for multifamily housing and other eligible properties.
• Analyze borrower and guarantor financial information, property operating statements, rent rolls, leases, appraisals and market studies.
• Prepare detailed credit analyses and underwriting memoranda with key metrics (DSCR, LTV, NOI, cap rates, vacancy).
• Coordinate due diligence, budgets, sources/uses and CMHC documentation for facilities.
• Monitor conditions and closing deliverables and support administration of funded facilities.

Skills

Commercial lending

Credit adjudication

Financial analysis

Excel

Strong communication

Time management

Detail-oriented

Relationship management

CMHC knowledge

Education

Post-secondary diploma/degree in business

Tools

Microsoft Office

Financial modelling software

Job description

FirstOntario Credit Union Limited is seeking a Business Analyst for CMHC Commercial Services in Hamilton. The role focuses on origination, underwriting, funding and portfolio management of CMHC-insured commercial real estate financing, with a primary emphasis on multifamily housing.

You’ll perform detailed financial analysis, due diligence and credit submissions to support financing solutions in line with CMHC and FirstOntario risk standards.