Bilingual Senior Officer, Securitization

CMHC - SCHL • Montreal, QC

2d • CA$73,555 - CA$91,944 • Hybrid

About The Position

Join the Securitization Operations team, in the Bilingual Senior Officer, Securitization Programs position, where you will oversee the efficient operation of the National Housing Act Mortgage-Backed Securities (NHA MBS) pooling process and the administration of all outstanding securitization pools for the portfolio of Issuers and ensure that securitization programs are administered in a manner consistent with government regulations and program policies. You will monitor pools and activities to ensure that administration practices comply with program guidelines.

Requirements

• An undergraduate degree in a related field such as business administration, economics or finance, or an equivalent combination of related education and experience.
• A minimum of three years of related work experience.
• A good understanding of financial instruments and processes, particularly mortgages and mortgage loan underwriting.
• A thorough understanding of CMHC's securitization programs and associated processes.
• Excellent organizational and time management skills.
• A demonstrated ability to take initiative and work effectively without close supervision.

Nice To Haves

• A professional licence, designation or certificate in a related field.
• A professional accounting designation would be an asset.

Responsibilities

• Approve requests from Issuers to issue NHA MBS in accordance with policies, guidelines and delegated authorities.
• Ensure all requirements are met with respect to mortgage eligibility and pool criteria; ensures all documentation has been received by CMHC and/or external service provider(s), as applicable.
• Review Issuer monthly accounting reports for accuracy and compliance with program guidelines, taking actions as and where appropriate.
• Analyze and resolve more complex cases of mortgage ineligibility, make recommendations and negotiate with both internal and external clients to determine if any action can be taken to support the inclusion of the loan in the MBS pool.
• Ensure Issuer compliance with the annual documentation submission requirements and guidelines of NHA MBS Program.
• Provide expert advice, guidance and clarifications on policy and procedural guidance to Approved Issuers and Service providers.
• Provide onboarding support for new Issuers.
• Suggest improvements to NHA MBS systems and processes.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior