Specialist, Credit Analysis

Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL); Ottawa; Hybrid; CAD 87,000 - 109,000; Full time

Benefits offered by this job

Annual Paid vacation

Performance incentive program

Defined benefit pension plan

Comprehensive group insurance

Job summary

CMHC is hiring for a Specialist, Credit Analysis to join the Multi Unit Borrower Financial Analysis team. The role focuses on preparing credit risk assessments for applicants in multi-unit programs and reviewing financial statements to determine creditworthiness.

The candidate will present analyses to management, advise on financial risk, and engage with key stakeholders to inform complex decisions. A degree in business/finance and 5+ years of experience are required.

Qualifications

• Undergraduate degree in business, accounting, finance, commerce or economics.
• Five years of experience in credit/financial analysis and risk management practices.
• Strong oral and written communication skills.
• Analytical reasoning, attention to detail, strong organizational skills and ability to prioritize in a multi-demand environment.
• Intermediate Excel skills and knowledge of market data systems (Bloomberg, Reuters, S&P Capital IQ).
• Good knowledge of multi-unit underwriting operations.

Responsibilities

• Prepare credit risk assessments for applicants in the Multi-Unit programs.
• Review financial statements, calculate ratios, and present credit risk reports to management.
• Provide advice on applicants’ creditworthiness to staff and management.
• Build relationships with stakeholders to understand the operating environment for informed decisions.
• Perform and document ad hoc financial analysis for internal stakeholders.

Skills

Strong communication

Analytical reasoning

Attention to detail

Organizational skills

Prioritization

Education

Undergraduate degree in business/finance/economics

Tools

Bloomberg

Reuters

S&P Capital IQ

Job description

Job Requisition ID: 12414

Position Status: Permanent Full Time

Position Type: Hybrid

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

Travel Requirement: Travel not required

Language Designation: English Essential

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

Security Requirement: Reliability Status

Salary: Our salaries generally range from $ 86816.59 to $ 108520.74 and 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

Benefits

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.
• Defined benefit pension plan.
• 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.

About The Role

Join the Multi Unit Borrower Financial Analysis team , in the Specialist, Credit Analysis position.

What You’ll Do

• Prepare credit risk assessments of applicants supporting the Multi-Unit programs.
• Review financial statements and organizational structure, calculate financial ratios, and prepare/present a credit risk report to management.
• Provide advice and recommendations to appropriate staff and management on applicants’ creditworthiness.
• Establish and maintain meaningful relationships with key stakeholders to gain a thorough understanding of the operational environment in order to influence complex business decisions.
• Perform, document, and guide ad hoc financial analysis and provide analytical assistance to various internal stakeholders.

What You Should Have

• An Undergraduate degree in a related field such as business, accounting, finance, commerce or economics.
• A minimum of five years’ experience in credit/financial analysis and risk management practices.
• Strong oral and written communication skills.
• Strong analytical reasoning, attention to detail, excellent organizational skills and the ability to prioritize and work in a multi-demand environment.
• Intermediate MS Excel skills, knowledge of market information and analysis systems (Bloomberg, Reuters, S&P Capital IQ).
• A good knowledge of multi-unit underwriting operations.

It Would Be Great If You Also Had

• A professional designation (Chartered Financial Analyst, Financial Risk Manager or Chartered Professional Accountant designation).
• Bilinguism (French, English).

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.

About

Learn more about our commitment to diversity and inclusion

What happens after you apply

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!