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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.

Senior Analyst, Modelling (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 eradicate racism and advance equity within CMHC and the housing system.

 

 
 

Join the Chief Risk Officer team where we work to support CMHC’s goals for financial stability and housing affordability by enabling Multi-Unit partners to embrace risks within established limits. This role implies to have quantitative skills, programing and coding abilities, knowledge of database management techniques and an understanding of Canada’s financial and housing sectors. Tasks in this role include model development, model validation, model optimization and implementation, and the interpretation of model results with the purposes of informing decision making, enhancing risk management and building automated systems.

 

Responsibilities:

 

  • Use mathematics, statistical tools and computer-aided techniques (including machine learning) to develop models and conduct analytics.
  • Use various techniques to mine, map, clean and transform data to be used in models and analysis. Optimize codes to ensure data quality, stability, reliability, replicability within processes for greater efficiency.  
  • Design, develop and implement models, tools and analytical solutions using substantial creativity, resourcefulness, innovation and communication. 
  • Help improve and maintain existing models to follow industry best practices, maximize efficiency
  • Work closely with stakeholders (including other functions within Risk management, Business lines, IT, Finance, etc.) and provide analytical solutions to meet various needs.                        

 

Minimum Qualifications:

 

  • Postgraduate degree (Masters or PhD) in Quantitative Finance, Data Science, Computer Science, Economics, Statistics, Mathematics, Actuarial Science, or other quantitative field OR an equivalent combination of education and experience. 
  • Minimum of one year of experience in modelling/validation or quantitative analytics.
  • Experience developing, implementing and maintaining actuarial, statistical and econometric models for measuring, analyzing and managing financial and insurance risks.
  • Demonstrate knowledge of programming languages Python and R for statistical analysis, econometrics, machine learning, and/or big data analysis (with Spark). Knowledge of C++/Java, Matlab and SQL would be considered an asset.

 

Preferred Qualifications:

 

  • Professional designation (Actuarial, Chartered Financial Analyst, Professional Risk Manager, Financial Risk Manager, Certificate in Quantitative Finance, etc.) is considered an asset. 
  • Knowledge of mortgage loan insurance and securitization activities is considered an asset.
  • Experience with retail lending, scorecard models development, probability of default and loss models, economic capital and stress testing is considered an asset. 
  • Experience in designing, implementing, and deploying models, tools and other analytical products.
  • Ability to use machine learning techniques to develop models is considered an asset.
  • Ability to apply problem solving and critical thinking skills to analyze, support and debug models, tools and other analytical products is considered an asset.

 

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

IMPORTANT NOTICE – COVID-19 MEASURES

 

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.

 

Job Requisition ID: 7925  

Language Designation: English Essential 

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

Starting Base Salary: 66642.22 

Position Status: Permanent Full Time 

Travel Requirement: Travel not required 

Office Location: Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)