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At CMHC, we trust you to get the job done. Since January 2019, we’ve shifted from managing people to managing work. Each employee is 100% autonomous and accountable. You can choose where you need to be and when you need to be there to meet your objectives. You’re in control of your time and are trusted to make the right decisions.

Specialist, Climate Risk (Position can be located anywhere in Canada)

 

Help make a difference for Canadians. CMHC’s aspiration is that by 2030, everyone in Canada has a home that they can afford and that meets their needs. All of our programs and activities support this singular goal.

 
Be part of an inclusive workplace. Diversity and Inclusion guides everything we do at CMHC. We’re taking concrete actions to eliminate racism and embed equity into our culture, processes, programs, and policies so that they reflect the lived experiences of all Canadians.
 
 

Join the Deputy CRO team, which is part of the Chief Risk Officer (CRO) sector, to work on the newly created climate risk function, and act as subject matter expert on Climate Risk framework, methodologies and analytics. The CRO sector enables each employee to embrace strategic risks within established limits. We’re constantly evolving to build an inclusive housing system through research, design, innovation and partnerships. You will apply quantitative skills and knowledge of Canada’s financial /mortgage sectors to modelling initiatives at CMHC, including model development, model validation and the interpretation of model results with the ultimate purposes of informing decision making, enhancing risk management and building automated systems. This will help us make housing affordable for everyone in Canada.

 

Responsibilities: 
•    Support assessment of climate change impacts on CMHC’s business activities, and identify and measure climate risks (e.g., physical, transition, litigation)
•    Review policies, guidelines and processes to design and climate risk management into CMHC’s Enterprise Risk Management Framework 
•    Apply quantitative analysis expertise and business knowledge to understand current issues related to climate change and risk
•    Assist with climate change scenario analyses 
•    Maintain and apply expert knowledge of best practices and recent advances in quantitative methods and analytical techniques 
•    Conduct data mining and big data analyses using state-of-the-art methods. 


 Minimum Qualifications:
•    Postgraduate degree or higher in a quantitative discipline, such as finance, economics, statistics, or actuarial sciences. Other academic backgrounds related to climate change analytics will also be considered (e.g., environmental/climate science)
•    Minimum of three years of experience in quantitative analytics at a bank, insurance company or other type of company or institution dealing with climate change analytics.
•    Practical experience on climate risk (physical and transition) and ESG
•    Strong understanding of risk management analytics.
•    Ability to work in a sophisticated technological environment utilizing various programming tools (e.g., R, Python). 
•    Good writing and presentation skills, related to complex technical topic for non-technical audience. 
•    Demonstrated ability to conduct rigorous analysis using critical thinking and judgement to resolve complex issues. 
•    Good project management skills.

 

Preferred Qualifications:
•    Familiarity with Taskforce on Climate-related Financial Disclosure (TCFD) framework 
•    Understanding of UN Sustainability Development Goals (SDGs) and relationship with responsible investment and banking 
•    Understanding of Risk/Return concept and Risk Appetite Statements
 
 Posting closing date: Note, the competition may remain active until filled

 

CMHC values diverse backgrounds and experience and welcomes non-Canadians who are eligible to work in Canada to apply!

 

We sincerely thank all candidates for their interest, however, please note that only applicants selected for further consideration will be contacted. If selected for an interview or testing, please advise us if you require an accommodation.

 

Job Requisition ID: 6823  

Language Designation: English Essential 

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

Minimum Base Salary: 77114.85 

Travel Requirement: Occasional 

Office Location: Ottawa (ON); Calgary (AB); Charlottetown (PE); Edmonton (AB); Halifax (NS); Moncton (NB); Montreal (QC); Quebec (QC); Saskatoon (SK); St. John's (NL); Thunder Bay (ON); Toronto (ON); Vancouver (BC); Winnipeg (MB); Yellowknife (NT)

Other Location(s):