Manager Lending Services

What’s in it for you!
As a Manager Lending Services with our client, you’ll receive:
- Highly competitive market hourly rates
- A 6 month contract with a strong probability of extension
- Remote interview process

Responsibilities
1. Working closely with Development and Asset Strategies staff, designs and develops an underwriting risk
management framework and process for assessing the risks of housing development and re-development
projects, whether the client acts as a funding / delivery agency and lender (social housing projects) or as
project manager and lender for other agencies of government (group homes and special facilities); advises
Development Strategies staff, various housing providers and “for profit” developers on financial and
development risk of proposed developments; and provides Asset Strategies staff with project risk analysis and
reviews mortgage documentation for Building Envelope Repairs and Provincial Infrastructure Grants Proposals.
2. Evaluates projects to determine their qualification for the provision of construction lending, mortgage
financing and CMHC insurance. Refers highly complex and politically sensitive projects to the Director, Lending
Services.
3. Develops risk profiles of each project and provides risk evaluation reports as projects proceed; re-assesses
risks and mitigation strategies as issues arise that have potential impact on project goals, schedules and budgets.
4. Evaluates various aspects of housing development projects in the conceptual stage, conducts a preliminary
assessment of the risks and provides senior level advice and consultation to the Development Team in the
planning and structuring of projects.

Additional responsibilities:
 Conducts more thorough reviews and assessments of projects throughout the planning stage, identifies
issues that could provide risk to the Commission and its partners, and develops and recommends
strategies and options for mitigating risks of ownership, funding, and financial sustainability over the
long term.
 Consults with the Director, Lending Services and provides construction lending, mortgage financing and
legal administration services associated with social housing projects.
 Facilitates the financial modelling/analysis of a development, including preparation of cost and revenue
estimates by internal staff and project sponsors; analyzes financial implications and develops
appropriate financial, funding and ownership models to ensure viability.
 Recommends due diligence requirements to align projects with program goals, guidelines and
administrative requirements, and with local municipal development requirements with respect to
rezoning and permitting.
 Participates at the table in discussions and negotiations with partners, housing providers, municipalities,
developers and others to ensure projects are structured properly and are financially viable with
appropriate capital structure/sourcing.
 Liaises with various stakeholders including societies, municipalities, CMHC, takeout lenders, health
authorities, developers, contractors, neighbourhood groups, architects, lawyers, etc. with respect to the
planning, design and structuring of projects and assessment of risk.
 Maintains an up-to-date knowledge of mortgage markets, CMHC Handbook and cultivates information
networks with builders, real estate agents, market analysts, appraisers, municipal officials and mortgage
lenders.
 Contributes to the development of risk management methodologies, processes, models, and systems to
facilitate the ongoing identification, evaluation and monitoring of risk and appropriate selection of risk
responses.
 Performs independent random cross-check on the completed monthly Construction Draw Compliance
report and the Standby Letter of Credit Tracker.
 Supervises the work of staff in accomplishing the business activities of the program area. Creates an
environment that allows for a supportive and progressive attitude among staff and promotes improved
performance through counselling and coaching and by ensuring that staff are provided with information
and training necessary for the conduct of their assigned duties. Completes performance evaluations,
determines performance issues, and takes disciplinary action, which may include suspension and the
recommendation for termination. Has significant input into hiring, promotion and demotion decisions,
recommends changes in compensation of staff and authorizes overtime. Resolves grievances up to the
second stage of the grievance process. Identifies to senior management appropriate collective
agreement wording to serve the employer’s interests in achieving operational goals and objectives and
may participate on the negotiating committee as a management representative. Determines resources
required to fulfill operational requirements, develops staffing plan, and recommends staffing levels to
accomplish objectives, including revisions to staffing levels as necessary as operational requirements
change.


Qualifications
- Bachelor’s degree in Business Administration, Urban Land Economics or other relevant discipline.
- Considerable experience in commercial/multi-unit underwriting (7+ years). Residential real estate
experience will not be considered.

Summary
If you are a Manager Lending Services and the prospect of joining a dedicated team intrigues you, then this
role with our high-profile client could be the perfect opportunity for you
Apply below or reach out to your Randstad representative for more information

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.