Senior Analyst, Modelling

Canada Mortgage and Housing Corporation; Canada; Hybrid; CAD 71,000 - 90,000; Full time

Job summary

A national housing organization is seeking a Senior Analyst, Modelling, to support risk management and decision-making processes. The role requires a postgraduate degree in a quantitative field and experience in modelling and analytics. Candidates should be proficient in Python and R with skills in statistical analysis and machine learning. The position may involve travel and offers a competitive salary along with benefits, including bonuses and professional development.

Benefits

Annual performance bonus

Group insurance coverage

Training and mentorship opportunities

Inclusive workplace culture

Qualifications

• A minimum of one year of experience in statistical analysis or economic analysis.
• Experience in developing and maintaining actuarial models.
• Ability to conduct rigorous analysis using critical thinking.

Responsibilities

• Extract, clean, and transform data for modeling and analysis.
• Develop models using mathematics and machine learning.
• Collaborate with stakeholders to deliver analytical solutions.

Skills

Quantitative analysis

Programming in Python

Statistical modeling

Machine learning

Education

Postgraduate degree in Quantitative Finance or related fields

Tools

Python

R

SQL

ArcGIS

Job description

Overview

Office Location: Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)

Travel Requirement: Limited

Language Skill Levels (Read/Write/Speak): ZZZ

Security Requirement: Secret

Salary: Our salaries generally range from $71761.28 to $89701.6 and are based on qualifications and experience.

About CMHC

The work you do and the work we do together matters. We come to work every day with a common purpose: to contribute to a well-functioning housing system.

At CMHC, we hold ourselves accountable for our results and support our colleagues in their achievements. We thrive on collaboration, connecting across CMHC and involving the right people to get our work done. Our leadership style is guided by trust, where our leaders favour an adaptive approach based on the needs of their teams.

Join us and be part of a team that's committed to making a real difference and be part of something meaningful.

What’s in it for you

We’ve got the purpose, the people and the perks you need for a fulfilling career. Here’s the comprehensive and generous benefits you get when you’re a contract employee:

• Annual individual performance bonus.
• Group insurance coverage to support your well-being from day one. (to be added for contracts that exceed 13 + months)
• Support towards your personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates.

About the role

Join the Chief Risk Officer team, as a Senior Analyst, Modelling. In this role, you will enable Multi-Unit or Homeowner partners to embrace risks within established limits. This role requires strong quantitative skills, proficiency in programing and coding, knowledge of database management techniques, as well as an understanding of Canada’s financial sectors. Responsibilities in this role include developing, validating, optimizing, and implementing models, as well as interpretating model results to support decision-making, strengthen risk management, and contribute to the development of automated systems.

This is a temporary position of a duration of up to 24 months.

What you'll do:

• Extract, clean, map, and transform data using various techniques to prepare it for modeling and analysis.
• Apply mathematics, statistical, and computer-aided techniques, including machine learning, to develop models and perform advanced analytics.
• Design, develop, and implement models, tools, and analytical solutions with creativity, resourcefulness, innovation and effective communication.
• Contribute to model development to inform business’ risk management decisions employed for purposes such as financial reporting, and stress testing.
• Ensure models are developed, documented and subject to appropriate controls in accordance with CMHC's model risk policy and industry best practice.
• Maintain and enhance existing models to align with industry best practices, and improve operational efficiency.
• Optimize code to enhance data quality, stability, reliability, replicability, contributing to more efficient processes.
• Collaborate closely with stakeholders across Risk management, Business lines, IT, Finance, and other functions to deliver tailored analytical solutions.

What you should have:

• A postgraduate degree (Masters or PhD) in Quantitative Finance, Data Science, Computer Science, Economics, Statistics, Mathematics, Actuarial Science, or other quantitative field, or an equivalent combination of education and experience.
• A minimum of one year of experience in modelling, model validation, quantitative analytics, finance, statistical analysis, or economic analysis.
• Demonstrated experience developing, implementing, and maintaining actuarial, statistical, and econometric models for measuring, analyzing, and managing financial and insurance risks.
• A proficiency in programming languages such as Python and R for statistical analysis, econometrics, machine learning, and/or big data analysis (with Spark).
• An ability to conduct rigorous analysis using critical thinking and judgment to resolve complex issues and support business decision-making.
• A capacity to work in a sophisticated technological environment utilizing various modelling and programming tools.

It would be great if you also had:

• A professional designation such as Actuary, Chartered Financial Analyst, Professional Risk Manager, Financial Risk Manager, Certificate in Quantitative Finance, or other.
• Demonstrated experience with Python, PySpark, GIS coding, ArcGIS, Azure, and Databricks, along with knowledge of C++, Java, MATLAB, and SQL.
• An ability to use machine learning techniques to develop models.
• An aptitude to apply problem solving and critical thinking skills to analyze, support and debug models, tools and other analytical products.

Posting closing date: Note, the competition will remain active until filled.

Our commitment to diversity, equity, and inclusion

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.

CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our mission.

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 you were not successful don’t worry – we're always posting new positions, so don’t hesitate to give it another shot. We’re excited to see what you bring to the table this time around!