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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 eliminate racism and embed equity into our culture, processes, programs, and policies so that they reflect the lived experiences of all Canadians.
 
 

Join the Client Solution Team, where our partners view CMHC as the catalyst for solving housing affordability challenges. Your analytical skills to modelling initiatives at CMHC including model development, model validation and the interpretation of model results will support decision making, enhancing risk management and building automated systems.


This is a temporary position of a duration of 12 months. 


Responsibilities:

• Contribute to model development or validation projects by collaborating with multi-disciplinary teams whose members may include model users, internal modelling experts, external modelling experts and other stakeholders.
• Maintain and apply strong 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. Monitor updates and integrity of data and databases.
• Monitor market trends, economic conditions, and other factors that influence financial and mortgage sectors.
• Apply modelling and business knowledge to analyze current issues.
• Monitor operating environment to ensure models and analytics properly reflect current market dynamics.
• Ensure models are appropriately documented, and subject to appropriate controls, including change management protocols.
• Help to ensure that model users and other stakeholders understand the models and their limitations and ensure models respond to the needs of model users and other stakeholders.


Minimum Qualifications
• Postgraduate degree or higher in a quantitative discipline such as finance, mathematics, economics, statistics and actuarial sciences.
• Minimum of one year of experience in modelling or quantitative analytics at a bank, insurance company, asset manager or other type of financial institution.
• Strong understanding of mathematical finance and risk management.
• Ability to work in a sophisticated technological environment utilizing various modelling and programming tools.
• Creative analytical ability.
• Good writing and presentation skills.
• Demonstrated ability to conduct rigorous analysis using critical thinking and judgment to resolve complex issues.

 

Preferred Qualifications
• Professional designation (Actuarial, Chartered Financial Analyst, Professional Risk Manager, Financial Risk Manager, Certificate in Quantitative Finance) considered an asset.

 

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: 5277  

Travel Requirement: Occasional 

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

Other Location(s):