Hybrid Commercial Analyst — CMHC Multi-Unit Lending

Meridian OneCap Credit Corp.; London; Hybrid; CAD 52,000 - 75,000; Full time

Job summary

Meridian OneCap Credit Corp. in Ontario is seeking a Commercial Analyst for CMHC Multi-Unit Residential analysis. You will support CMHC MUR submissions, assist with credit applications, and work to grow the CMHC MUR book while minimizing loan risk in a fast-paced environment.

Role involves liaising with CMHC and borrowers, reviewing insurance and underwriting materials, and ensuring annual CMHC reviews comply with requirements. Hybrid work arrangement offered in a Canadian banking context.

Qualifications

• Post-secondary education or related training with knowledge of financial accounting and lending principles.

Responsibilities

• Support analysis of CMHC MUR pro forma and financial operating data, and recommend appropriate courses of action for CMHC MUR lending matters.
• Liaise with CMHC and prospective borrowers during information gathering and CMHC MUR insurance application processes.
• Complete Credit Applications for submission to BCD and ensure any questions or credit related issues are resolved.
• Complete and/or review all Request - Certificate of Insurance and Underwriting Binders before submission to CMHC.
• Ensure completion of annual reviews according to CMHC requirements.
• Assist in managing CMHC MUR member relationship profitability and cross-sell relevant Meridian products.

Education

Post-secondary education or related job training, with good knowledge of financial accounting and lending principles.

Job description

Meridian OneCap Credit Corp. in Ontario is seeking a Commercial Analyst for CMHC Multi-Unit Residential analysis. You will support CMHC MUR submissions, assist with credit applications, and work to grow the CMHC MUR book while minimizing loan risk in a fast-paced environment.

Role involves liaising with CMHC and borrowers, reviewing insurance and underwriting materials, and ensuring annual CMHC reviews comply with requirements. Hybrid work arrangement offered in a Canadian banking context.