Specialist, Operational Risk Oversight (Securitization Operations, Lending)

CMHC; Ottawa; Hybrid; CAD 84,000 - 106,000; Full time

Job summary

Join CMHC as a Specialist in the Chief Risk Office’s Business and Operational Risk team, where you will leverage your expertise in operational risk management to provide strategic insights and ensure strong risk governance. This permanent, hybrid position is ideal for someone eager to make a difference in a collaborative environment.

Benefits

Annual paid vacation

Annual performance incentive

Defined benefit pension plan

Comprehensive group insurance

Personal and professional growth support

Inclusive workplace culture

Qualifications

• Minimum of 5 years in operational risk oversight or related function.
• Practical experience in enterprise-level project risk.
• Strong background in internal controls.

Responsibilities

• Provide oversight on key operational risks.
• Deliver insights and reporting to senior management.
• Enhance operational risk governance practices.

Skills

Risk management

Governance

Interpersonal skills

Stakeholder engagement

Project management

Education

Undergraduate degree in business administration, law, or related field

Tools

Data visualization tools

Job description

Job Requisition ID: 11108

Position Status:Permanent 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

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

Security Requirement: Secret

Salary:Our salaries generally range from $84699.11to $105873.89and 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 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.

About the role

Join the Chief Risk Office’s Business and Operational Risk team in the Specialist, Operational Risk Oversight (Securitization Operations, Lending). In this role, you’ll leverage your expertise in risk management, governance, and internal controls to provide strategic insight and independent challenge across key operational areas. As a trusted advisor, you'll assess operational resilience and risk maturity, delivering clear, actionable insights that support CMHC’s mission and strengthen its risk posture.

What you’ll do:

• Provide independent oversight and challenge across key operational risk areas—particularly in enterprise-level project risks, securitization, and lending operations—ensuring effective risk management and control practices.
• Deliver clear, risk-based insights and reporting to senior management and the Board, identifying key exposures and emerging risks.
• Enhance operational risk governance by developing metrics, tools, and escalation processes, and by supporting the aggregation of enterprise risk data for informed decision-making.
• Act as a strategic advisor to first-line business units, offering practical guidance on risk practices, internal controls, and resilience.
• Promote a strong risk culture by leading training, awareness, and stakeholder engagement initiatives, while aligning risk oversight with CMHC’s mission and strategic priorities.

What you should have:

• An Undergraduate degree in business administration, commerce, management information systems, law, economics, or related field.
• A minimum of 5 years of experience in operational risk oversight internal audit, or a related assurance and compliance function.
• Practical experience in risk oversight within at least two of the following areas: enterprise-level project risk/change management oversight, securitization or capital markets operations, Multi-Unit lending.
• Strong interpersonal and stakeholder engagement skills with the ability to deliver high-impact presentations and reports.
• Proven ability to manage and prioritize complex projects in a cross-functional and matrixed environment.

It would be great if you also had:

• A certification or designation in risk management a relevant field of study (i.e., governance, compliance, audit, business), such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), etc.
• Experience using data visualization tools (e.g., Power BI, Tableau) to develop impactful dashboards and risk reporting.
• Familiarity with public sector governance, including regulatory expectations for Crown Corporations and the application of federal legislation in enterprise risk contexts.

Posting closing date: Note, the competition may 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.

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!