Senior Analyst, Policy and Operations

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. 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.

Our commitment to diversity, equity, and inclusion 

We're committed to advancing employment equity and fostering an inclusive workplace. To reflect the diversity of Canada’s population, we encourage applications from women, Indigenous Peoples, persons with disabilities, 2SLGBTQI+ individuals, veterans, and racialized peoples. We also welcome applications from all individuals eligible to work in Canada.

We are also committed to advancing reconciliation with Indigenous Peoples and supporting the meaningful inclusion of First Nations, Inuit, and Métis voices and priorities. While this position is hybrid requiring some in-office presence, a work from home arrangement may be considered for First Nations candidates on reserve or Indigenous candidates that reside further than 125KM from a CMHC office.

Learn more about our commitment to diversity and inclusion 

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 contract employee:

• Accrued vacation.
• Annual individual performance bonus.
• Support towards your personal and professional growth with training, mentorship and more.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates. 

About the role
Join the Portfolio Insurance team, in the Senior Analyst, Policy and Operations position, where we make delivering housing affordability solutions easy. You will assess portfolio insurance applications from lenders by providing business recommendations. You will also support and develop market intelligence, develops business options, contribute to development of risk criteria while continually ensuring that client needs are addressed throughout the process.

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

What you’ll do:

• Conduct underwriting activities for loans lenders submit for Portfolio Insurance, recommend pools to be insured, and prepare the formal letter of offer to the lender.
• Confirm that loans submitted for securitization have valid insurance.
• Manage Purpose Test reporting activities.
• Initiate IT incidents when system issues arise that affect activities.
• Provide quantitative and qualitative analyses on specific issues and lead ad hoc projects.
• Develop a variety of written documentation, presentations, and briefing materials in support of project work for internal and external stakeholders.
• Maintain quality relationships with clients to understand their needs and objectives and explore opportunities. 

What you should have:

• A bachelor Degree in Business Administration, Economics or Statistics.
• A minimum of five years’ experience in mortgage financing and/or real estate, and/or housing and mortgage markets with knowledge of financial and risk assessment processes and procedures.
• Strong strategic and analytical thinking, research and problem-solving skills with the ability to synthesize and conceptualize.
• Strong oral and written communication skills with the ability to build and maintain effective working relationships with internal stakeholders and external clients.
• An advanced knowledge of analytical tools such as Microsoft Excel, SAS, R and/or Python.

It would be great if you also had:

• Bilingualism would be considered to be an asset.

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

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!