Bilingual Senior Manager - Credit Assessment and Underwriting

Job Requisition ID : 10151

Position Status : Temporary Full Time

Position Type : Hybrid

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

Travel Requirement : Limited

Language Designation : Bilingual

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

Salary : Our salaries generally range from $ 123553.59 to $ 154441.98 and are based on qualifications and experience.

About CMHC

At CMHC, the work you do and the work we do together matters. We come to work every day with a common purpose : to realize a future where everyone in Canada has a home that they can afford and meets their needs.

Our people are second to none. We lean in with courage, band together as a community and try new things to make a lasting impact on housing from coast to coast to coast.

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 what you get when you’re a contract employee :

• 3 weeks of accrued vacation.
• Annual individual performance bonus.
• Support in your personal and professional growth with training, mentorship and more because when you thrive, we thrive.
• An inclusive workplace culture and environment with Employee Resource Groups and more.
• A hybrid work model that lets you balance working from home and nurturing in-person connections by coming into your region’s office at a minimum of 4 times a month.

About the role

Join the Credit Assessment and Underwriting team where we contribute to making the delivery of housing solutions easy. You will be one of four Senior Managers overseeing the review and approval of multi-unit rental mortgage loan insurance applications.

This includes the provision of underwriting and credit assessment services to achieve overall client satisfaction as well as program and corporate objectives in the best interest of all Canadians.

Please note this is a temporary position with a duration of 15 months.

What you'll do :

• Provide leadership in the assessment and decision-making of financial applications, that is, multi-unit mortgage loan insurance within the associated policy framework and delegated financial authorities.
• Support the delivery of financial solutions related to Multi-Unit Mortgage Loan Insurance products and oversee the collaboration with peers from various divisions to provide comprehensive services to clients and achieve business objectives.
• Develop objectives and take responsibility for engagement, enabling a culture of learning, performance management and accountability within a divisional group.
• Create opportunities that encourage bilingualism and diversity and implement practices to advance an inclusive, healthy organization, respectful of the diversity of people and their skills and free from harassment and discrimination.
• Oversee the identification and management of risk by ensuring due diligence, while reviewing and approving complex applications, and monitoring compliance to product design, policies and the quality of results by reviewing key performance indicators.
• Ensure that housing providers' financial request and internal risk and social outcomes are appropriately considered during the application review stage.

What you should have :

• An undergraduate degree in accounting, finance, business administration or commerce or a related field.
• A minimum of ten years’ relevant experience in financial risk management and five years of supervisory and / or management experience including leading projects.
• Expert knowledge and understanding of underwriting theories, principles and processes, as well as credit risk analysis, real estate financing, loan adjudication, mortgage loan insurance and financial markets.
• Ability to make a persuasive, clear presentation of ideas that will convince others and gain acceptance of proposals or plans.
• Ability to use critical thinking, judgment and experience to find a solution when managing issues of a politically sensitive nature.

Ability to act promptly to resolve conflict.

• Proactive thinking to identify potential problems and forthcoming challenges.
• Knowledge and experience in change management.
• Bilingualism (English and French).

It would be great if you also had :

• A certification in Real Estate Finance, Chartered Financial Analyst or Chartered Professional Accountant designation.
• Experience in real estate appraisals.

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.

What happens after you apply

We know that applying for a new job can be both exciting and daunting, and we appreciate your effort. . 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!