Share this Job

Bilingual Senior Manager, Operational Risk (Montreal, Ottawa or Toronto)

Job Requisition ID: 9170  

Language Designation: Bilingual 

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

Position Status: Permanent Full Time 

Travel Requirement: Occasional 

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

Salary: Our salaries generally range from $ 121130.97 to $ 151413.71 and are based on qualifications and experience. 


At CMHC, we trust you to get the job done. We empower our employees to be fully autonomous and accountable in achieving their results. 


Here are some of the reasons why we were chosen as one of Canada's top employers:


  • Enjoy 5 weeks of vacation;
  • An annual individual performance bonus;
  • Defined benefit pension plan;
  • Comprehensive group insurance to support your well-being from day one;
  • Access to a catalogue of courses for individual learning;
  • An inclusive workplace culture and environment with multiple Employee Resource Groups and much more!


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 eradicate racism and advance equity within CMHC and the housing system.

Join the Business and Operational Risk division at CMHC in the Bilingual Senior Manager, Operational Risk position. You will play a crucial role in managing and overhauling the organization's operational risk management program. This high-profile position carries significant importance, offering the opportunity to make a tangible impact on the company's risk management strategy.




  • Develop and implement the operational risk management framework, policies, guidelines, and tools.
  • Cultivate a robust risk culture, ensuring awareness and accountability for risk management.
  • Deliver comprehensive reporting on operational risk profiles, appetites, and emerging issues.
  • Monitor and report on action item statuses, addressing operational risk concerns and liaising with OSFI.
  • Build and lead a high-performing team, driving CMHC's corporate-wide risk management objectives.
  • Participate in setting sector objectives and risk appetites aligned with CMHC's mandate and strategic goals.
  • Present complex results, influence decisions, and persuade others to adopt recommended courses of action.


Minimum Qualifications:


  • Postgraduate degree in finance, accounting, economics, or an MBA.
  • 10+ years of risk management experience, including 5 years leading a team.
  • Comprehensive understanding of key risk-taking activities within business areas.
  • In-depth knowledge of operational risk management and internal control frameworks.
  • Familiarity with CMHC's mandate, regulatory environment, and the economic landscape.
  • Bilingualism (English and French)


Preferred Qualifications:


  • Relevant professional designations (CPA, FRM, CRM, etc.) considered an asset.


Posting closing date: Note, the competition will remain active until filled.





On June 14, 2022, the Government of Canada announced that as of June 20, 2022, it will suspend vaccination requirements for federal government employees.  This decision followed a review of the current public health situation, including the evolution of the virus and vaccination rates in Canada. As a result, and consistent with the Government of Canada decision, CMHC has suspended its Vaccination Policy, effective June 20, 2022.  


As a result, at this time, CMHC does not require employees to be fully vaccinated as a condition of employment.  CMHC will continue to monitor the public health situation and may at any time make adjustments and adopt or reintroduce measures, including mandatory vaccination, attestation and verification requirements. Any such vaccination measures, as updated from time to time, shall form a term and condition of your employment at CMHC.


CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our aspiration.
We are committed to employment equity and actively encourage applications from women, Indigenous Peoples, persons with disabilities, veterans and persons of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions. We also welcome applications from non-Canadians who are eligible to work in Canada.
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.