At a Glance
- Tasks: Manage funding for affordable housing projects and ensure successful construction.
- Company: Join CMHC, a leader in creating a well-functioning housing system.
- Benefits: Enjoy competitive salary, performance bonuses, and comprehensive health coverage.
- Other info: Hybrid work options available, especially for Indigenous candidates.
- Why this job: Make a real difference in housing while growing your career in a supportive environment.
- Qualifications: Bachelor's degree in finance or related field and 3 years of relevant experience.
The predicted salary is between 73555 - 91944 $ per year.
Join the Housing Programs Team in the Bilingual Senior Officer, Financing Operations position. In this role you will support projects approved under CMHC’s Affordable Housing Fund program by managing the advancing of funds throughout the construction process until project completion. You will help ensure these multi-unit housing projects funded by CMHC are successfully constructed or renovated, while ensuring that risks to CMHC are appropriately managed. We have multiple temporary positions with a duration of 13 months.
What you'll do:
- Analyze, process and approve funding requests and monitor the ongoing construction of multi-unit housing projects within your financial limits and budgetary authority.
- Review supporting documentation and professional third-party reports, such as quantity surveyor reports, drawdown schedules and title searches to assess risks to CMHC and recommend appropriate solutions.
- Liaise with internal and external stakeholders to ensure clients receive their funds as expected when funding conditions are met.
- Review loan agreements to ensure that clients continue to satisfy all the conditions outlined in their agreement and process amendments when necessary.
- Maintain quality relationships with clients to understand their needs and objectives.
What you should have:
- A bachelor’s degree in administration, finance, or accounting, or a combination of education and experience may be considered.
- A minimum of three (3) years of experience in the finance and/or housing industry, such as construction financing, commercial banking or housing development.
- Demonstrated client management skills with the ability to negotiate with clients and arrive at acceptable solutions.
- The ability to interpret program guidelines.
- Strong analytical, problem-solving, and decision-making skills.
- Strong oral and written communication skills in both official languages (French and English).
- The ability to establish and maintain effective working relationships with various stakeholders.
It would be great if you also had:
- A certification as a Certified in Real Estate Finance (CRF), Certified Property Manager (CPM), Chartered Financial Analyst (CFA), Professional Quantity Surveyor (PQS), Canadian Risk Manager (CRM) or Accredited Appraiser Canadian Institute (AACI) designation.
- Knowledge of underwriting principles and practices for multi-unit housing projects.
- Experience in building reports and/or in using statistical analysis software such as MS Excel.
Note, the competition will remain active until filled.
Bilingual Senior Officer, Financing Operations employer: Canada Mortgage and Housing Corporation
At CMHC, we are dedicated to fostering a collaborative and inclusive work environment where every employee can thrive. As an Advisor, Solutions Architect, you will benefit from comprehensive training and mentorship opportunities, competitive salaries, and a strong commitment to diversity and equity. Our hybrid work model, along with generous vacation and performance incentives, ensures that you can achieve a fulfilling work-life balance while contributing to meaningful projects that impact Canada's housing system.
Contact Details:
Canada Mortgage and Housing Corporation Recruitment Team