Senior Analyst, Risk

Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL); Ottawa; Hybrid; CAD 74,000 - 92,000; Full time

Benefits offered by this job

Accrued vacation

Performance bonus

Insurance coverage

Growth opportunities

Inclusive culture

Job summary

CMHC in Ottawa (ON) is seeking a Senior Analyst, Risk for a 13-month temporary position in a hybrid environment. You will support risk management, quality assurance, oversight, and audit activities across the insurance business lines.

The role requires 3+ years underwriting mortgage insurance experience, strong communication skills, and the ability to manage relationships with internal and external stakeholders. Office locations include Ottawa, Calgary, Halifax, Montreal, Toronto, and Vancouver.

Qualifications

• An undergraduate degree in a related field such as business, finance, accounting or economics.
• Minimum of three (3) years of relevant experience in underwriting mortgage insurance products.
• Demonstrated knowledge of risk management, quality assurance, and oversight practices.
• Excellent interpersonal skills, including tact, diplomacy, professionalism, and political sensitivity.
• Strong oral and written communication and presentation skills.
• High attention to detail and strong organizational skills, with the ability to manage multiple priorities.
• Proven ability to build and maintain strong working relationships and provide positive client experience.
• The ability to adapt to change, learn quickly, and work effectively in evolving priorities.

Responsibilities

• Participate in planning, conducting, and reporting on Internal Quality Assurance reviews, ensuring alignment with key policies and procedures within the Multi-Unit and Homeowner insurance business lines.
• Monitor and review key processes, practices, and procedures to confirm adherence to standards, regulations, guidelines, and other requirements.
• Perform control testing to evaluate the design and operating effectiveness of controls, document results, and identify gaps or remediation needs.
• Collect and analyze information on identified risks or non-compliance and develop recommendations or action plans.
• Contribute to the preparation of management reports summarizing findings, insights, and recommendations.
• Support senior colleagues by gathering, analyzing, and synthesizing information from diverse sources and assisting in communicating results.
• Respond to inquiries and provide advice to internal and external stakeholders on risk and control matters.
• Maintain effective working relationships with internal and external clients and stakeholders to support collaboration.

Skills

Risk management

Quality assurance

Oversight practices

Interpersonal skills

Oral and written communication

Attention to detail

Organizational skills

Relationship building

Adaptability

Education

Undergraduate degree (business/finance/economics)

Tools

Power BI

Power Automate

Power Apps

Job description

Position Status: Temporary Full Time

Position Type: Hybrid

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

Travel Requirement: Limited

Language Designation: English Essential

Salary: Our salaries generally range from $ 73555.31 to $ 91944.14 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.

Benefits

• Accrued vacation.
• Annual individual performance bonus.
• Group insurance coverage 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.

About The Role

Join the 1B Insurance Risk Monitoring and Reporting team, in the Senior Analyst, Risk position. In this role, you will support the business by ensuring adherence to established policies, procedures, frameworks and authorities to provide management with confidence in business operations. You will support and monitor the full life cycle of quality assurance, compliance, oversight and/or audit support. You will apply risk and control concepts to scenarios encountered, track and communicate identified issues or risks to senior management and ensure any potential concerns are addressed in a timely and effective manner.

This is a temporary position with a duration of 13 months.

What You’ll Do

• Participate in planning, conducting, and reporting on Internal Quality Assurance reviews, ensuring alignment with key policies and procedures within the Multi-Unit and Homeowner insurance business lines.
• Monitor and review key processes, practices, and procedures to confirm adherence to standards, regulations, guidelines, and other requirements, and identify opportunities for improvement.
• Perform control testing to evaluate the design and operating effectiveness of controls, document results, and identify gaps or areas requiring remediation.
• Collect and analyze information on identified risks or non‑compliance and develop recommendations or action plans to address them.
• Contribute to the preparation of management reports summarizing findings, insights, and recommendations.
• Support senior colleagues by gathering, analyzing, and synthesizing information from diverse sources and assisting in communicating results.
• Respond to inquiries and provide advice to internal and external stakeholders on risk and control matters, including the application of standards, regulations, and policies, and on remediation strategies for identified issues.
• Maintain effective working relationships with internal and external clients and stakeholders to support collaboration and information sharing.

What You Should Have

• An undergraduate degree in a related field such as business, finance, accounting or economics.
• A minimum of three (3) years of relevant experience in underwriting mortgage insurance products. A combination of education and experience will be considered.
• Demonstrated knowledge of risk management, quality assurance, and oversight practices.
• Excellent interpersonal skills, including tact, diplomacy, professionalism, and political sensitivity.
• Strong oral and written communication and presentation skills.
• High attention to detail and strong organizational skills, with the ability to manage multiple priorities, meet deadlines, and work effectively in evolving or ambiguous environments.
• A proven ability to build and maintain strong working relationships and provide positive client experience.
• The ability to adapt to change, learn quickly, and work effectively in situations with uncertainty or evolving priorities.

It Would Be Great If You Also Had

• Experience with data gathering, analysis, and reporting tools.
• Proficiency with Power BI, Power Automate, and Power Apps.
• Familiarity with Multi‑Unit or Homeowner insurance products and practices.

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.