Job Description
The role is responsible for the administration and oversight of loans insured under various CMHC multi‑residential and social housing programs, with an understanding of applicable CREFC guidelines related to CMBS transactions and reporting requirements.
Leveraging their commercial mortgage knowledge and experience, the incumbent contributes to the ongoing growth and management of MCAP’s commercial mortgage portfolio while supporting established quality assurance, risk management, and compliance standards.
CMHC Renewals
- Provide ongoing reporting on the CMHC renewal book to Commercial Mortgages Investment Committee with the goal of maximizing both retention and profitability.
- Review and approve maturing CMHC loans that are within the incumbent’s delegated authority limits.
- As required, support CMG Loan Servicing in completing the execution and registration documents required under the terms of the approved renewal.