Senior Specialist, Risk Management & Compliance

Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL); Toronto; Hybrid; CAD 101,000 - 128,000; Full time

Job summary

The Canada Mortgage and Housing Corporation (CMHC) seeks a Senior Specialist in Compliance and Quality Assurance to address risks in the Securitization business line. This mid-senior level position demands strong analytical skills and extensive experience in risk management. The role involves oversight of monitoring activities and collaboration with various stakeholders to manage compliance and risk governance effectively. CMHC fosters an inclusive work environment with comprehensive benefits for employees.

Benefits

Annual Paid vacation

Annual individual performance incentive

Defined benefit pension plan

Comprehensive group insurance plan

Support for personal and professional growth

Inclusive workplace culture

Qualifications

• Minimum of seven years' experience in risk management
• Knowledge of Structured Finance and/or Securitization
• Strong ability to analyze and interpret data

Responsibilities

• Lead development and oversight of risk management activities
• Contribute to the identification of trends/gaps using data analytics
• Monitor and report on key performance indicators

Skills

Analytical skills

Communication skills

Leadership

Risk Management

Education

Undergraduate degree in Commerce, Economics, or Business Administration

Job description

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Job Requisition ID: 11033

Position Status: Permanent Full Time

Position Type: Hybrid

Office Location: Ottawa (ON); Montreal (QC); Toronto (ON)

Travel Requirement: Limited

Language Designation: English Essential

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

Security Requirement: Reliability Status

Salary: Our salaries generally range from $ 101639.3 to $ 127049.13 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

Benefits

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 permanent employee:

• 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.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates.
  
  

About The Role

Join the Securitization 1B Risk Management and Credit team in the Senior Specialist, Compliance and Quality Assurance position. In this role, you will contribute to the identification, assessment, monitoring, reporting, and management of CMHC's operational risks for the Securitization business line. You will leverage your leadership, strategic insight, forward-thinking mindset, and analytical expertise to shape policy and program direction and contribute to effective risk governance, including operational risk, and internal controls in their ongoing activities and as part of strategic initiatives. You will also oversee and undertake the successful completion of assigned monitoring, compliance and oversight, including planning, conduct, reporting, and wrap-up challenge activities and reviews within established timeframes. You will also contribute to the design, development and maintenance of risks tools, models analytics and reporting.

What You’ll Do

• Lead the development and oversight of risk management monitoring and governance activities. Collaborate with Product Strategy groups to co-develop risk appetite statements, and ensure compliance with tolerance limits, policies, guidelines, procedures, and applicable regulatory and legislative requirements, including escalation protocols.
• Contribute to the identification of trends/gaps in processes and practices by using data analytics and provide insights necessary to mitigate risks.
• Monitor and report on key performance indicators, targets, and outcomes, while leading the delivery of operational performance reporting to support informed decision-making.
• Serve as a subject matter expert in your designated business area, providing thought leadership on strategic, reputational, and operational risk. Prioritize the needs of business partners by delivering proactive, client-focused proximity risk management support.
• Present complex results, influence decisions and outcomes, and persuade others to take a course of action to improve the corporation’s risk posture.
• Review internal processes to identify opportunities for enhancing risk response activities, recommend process improvements, and manage the documentation of key risks, mitigation strategies (such as acceptance, avoidance, or reduction), and the effectiveness of those responses.
• Act as the Risk Lead for corporate priorities and new programs or products, delivering tangible value through strategic and tactical risk insights. Contribute to key discussions at relevant forums, including those involving senior management.
  
  

What You Should Have

• An undergraduate degree in a related field such as Commerce, Economics, or Business Administration.
• A minimum of seven (7) years' experience in risk management and reporting.
• Knowledge and understanding of Structured Finance and/or Securitization.
• An ability to take initiative, clearly transmit/receive information and communicate effectively with others by considering their points of view to respond appropriately.
• Strong oral and written communication skills to communicate abstract analytics findings to senior level stakeholders effectively.
• An ability to deliver advisory and risk analysis with concision, precision and with a fast turnaround, in a highly competitive environment.
• Strong analytical skills to identify, analyze, and interpret trends, patterns, and connections between issues, combined with attention to detail, excellent organizational abilities, and the capacity to prioritize effectively in a high-demand, multitasking environment.
• Deep expertise in understanding the business context to inform effective planning, sound judgment, and strategic decision-making.
  
  

It Would Be Great If You Also Had

• Professional designation in a risk management and/or CFA .
• Proven ability to manage client relationships and/or business partnerships.
• Bilingualism in both official languages.
  
  

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.

About

Learn more about our commitment to diversity and inclusion

What happens after you apply

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!

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Government Administration

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