Senior Specialist, Multi-Unit Underwriter

About CMHC

DESIGNATE aims to support a well-functioning housing system, delivering results and fostering collaboration across the organization. Leadership is built on trust and an adaptive approach, encouraging accountability and collective success.

• Accrued vacation.
• Annual individual performance bonus.
• Group insurance coverage to support your well-being from day one.
• Support toward personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.
• While positions require some in‑office presence, alternative work arrangements may be considered for Indigenous candidates.

Join the Multi‑Unit Operations team as a Senior Specialist, Multi‑Unit Underwriter
. In this temporary, 13‑month position, you will focus on the day‑to‑day underwriting of complex multi‑unit mortgage loan insurance applications. You will lead risk‑management analysis, provide recommendations for approval in complex scenarios, develop solutions for uncommon risks, and optimize client service while achieving corporate objectives. This role requires structuring solutions for the most complex applications and identifying and mitigating unique risks.

• Provide expert opinion on the effective and efficient transactional delivery of multi‑unit mortgage loan insurance, while adhering to the program’s policies and operational procedures.
• Offer advice, support and alternative creative or innovative solutions to clients and stakeholders, including communicating key decisions, interpreting policies, and responding to inquiries related to mortgage loan insurance.
• Negotiate and navigate challenging, politically sensitive issues while adhering to all relevant policies and procedures.
• Apply sound judgment and decision‑making practices that are factual and based on complex analysis to derive recommendations and solutions in line with CMHC’s risk appetite.
• Base assessment on breadth of knowledge and experience rather than past transactions to provide unique risk‑mitigation recommendations.
• Seek additional expertise to develop unique positions addressing previously unencountered financial risk scenarios.
• Collaborate with the Financial Institutions and Client Solutions teams to manage and maintain complex and sophisticated external client relationships.

• An undergraduate degree in a related field such as business, finance, or commerce.
• Minimum seven (7) years of experience in multi‑unit underwriting.
• Strong knowledge of procedures, policies, and regulations of risk management.
• Strong knowledge of multi‑unit mortgage loan insurance, lending, real estate (including non‑housing related commercial), financial markets, and credit risk analysis.
• Ability to take initiative and work independently and develop and utilize a network within CMHC.
• Strong oral and written communication skills, including presentation, persuasion, negotiation and influencing skills.
• A commitment to demonstrating CMHC values.

• Successful completion of a professional association designation such as Certified in Real Estate Finance (CRF), Certified Property Management (CPM), Chartered Financial Analyst (CFA), or Accredited Appraiser Canadian Institute (AACI).
• Bilingualism (English and French).

In addition to your updated resume, please provide a cover letter (maximum one page) that includes reasons for your interest (i.e., why you are applying) and highlights the technical and behavioural skills and experience you can bring to the team (i.e., your value proposition).

The competition will remain active until filled.

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.

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 were not successful, we encourage you to apply again for future positions.