Senior Specialist, Financial Risk Oversight (Capital Markets)
Job Requisition ID: 10646
Position Status: Permanent Full Time
Position Type: Hybrid
Office Location: Toronto (ON); Calgary (AB); Halifax (NS); Montreal (QC); Ottawa (ON); Vancouver (BC)
Travel Requirement: Limited
Language Designation: English Essential
Language Skill Levels (Read/Write/Speak): ZZZ
Salary: Our salaries generally range from $ 99646.37 to $ 124557.97 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. We have flexibility, in how, when, and where we work, within the boundaries of the business needs and the nature of your role. 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.
While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates.
About the role
Join CRO’s Financial Risk Oversight team, in the position of Senior Specialist, Financial Risk Oversight (Capital Markets), where you will provide risk oversight in monitoring and managing financial risks to CMHC in support of strategic corporate objectives. As a member of the team, you will be a key contributor to monitoring and reporting on enterprise-wide financial risks related to Capital Investments, Market, Liquidity, Mortgage Loan Insurance, Securitization and Counterparty Credit.
What you’ll do:
Conduct independent oversight to ensure CMHC’s financial risk management and risk control activities are robust and effective.
Serve as a subject matter expert to identify, assess, measure, monitor and report on key financial risks to the Corporation.
Employ a combination of quantitative and qualitative assessment techniques such as financial statement analysis; internal data analysis; risk policy compliance; risk appetite development or monitoring and consultation and collaboration with internal stakeholders.
Use tools, models, and analytics to assess and measure aggregated credit and financial risk exposure and oversee business results against risk appetite.
Provide support and guidance to the business lines on risk management frameworks and policies to ensure effective management of risks and controls.
Influence strategic direction, policy setting and business decisions through the use of analytics and risk assessment results.
Remain current regarding regulatory guidance and industry-leading practices related to business and financial risk management and the housing market industry.
Identify emerging issues and trends to inform decision-making and develop innovative solutions to complex problems to present to senior management.
What you should have:
A postgraduate degree in a relevant discipline such as finance, accounting or business management.
A minimum of five (5) years of experience in capital markets and financial risk oversight experience or related relevant experience.
Demonstrated knowledge and expertise in utilizing risk management practices.
Demonstrated expertise in some of the following areas: investments, capital markets, capital management, credit risk, rating methodologies, liquidity management, understanding of financial instruments, etc.
Superior communication and presentation skills with demonstrated expertise in articulating complex concepts to various levels of stakeholders.
Demonstrated ability to conduct analysis to support problem-solving and decision-making.
It would be great if you also had:
A professional designation, certification and/or specific training in risk management or financial analysis (e.g., Chartered Financial Analyst, Professional/Certified Risk Manager, Financial Risk Management, Chartered Professional Accountant).
Bilingualism (English & French).
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.
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!