Senior Specialist, Compliance and Quality Assurance

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.

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.
• Group insurance coverage to support your well-being from day one.
• Support towards your personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.

About the role

Join the 1B Insurance Risk Monitoring and Reporting team, in the Senior Specialist, Compliance and Quality Assurance position. In this role, you will lead the design, implementation, and execution of the Financial Capacity Review (FCR) Internal Quality Assurance (IQA) program. You will use your technical expertise and strategic judgment to enhance the accuracy, consistency, and reliability of FCR IQA assessments while supporting CMHC’s enterprise risk framework. You will oversee end‑to‑end IQA activities—planning, fieldwork, analysis, and reporting—and engage senior stakeholders to drive continuous improvement and ensure alignment with governance expectations. You will also contribute to developing and refining risk tools, methodologies, and reporting to strengthen CMHC’s overall risk posture and support effective decision‑making across the business.

This is a temporary position with a duration of 18 months.

What you’ll do:  
 

• Design, lead, and execute the Financial Capacity Review (FCR) Internal Quality Assurance (IQA) program, including developing the review methodology, selection criteria, testing protocols, and reporting approach to ensure a rigorous and compliant assurance process.
• Act as the technical authority and subject‑matter expert on complex accounting, financial capacity assessment requirements, and the interpretation of regulatory/financial policies, ensuring consistent and accurate application across all FCR IQA activities.
• Develop and maintain quality assurance frameworks, validation protocols, and internal control assessment tools to support strong risk governance, improve process effectiveness, and ensure alignment with corporate policies, risk appetite, and operational risk expectations.
• Lead end‑to‑end FCR IQA testing and monitoring activities—from planning and scoping through fieldwork, analysis, reporting, challenge and recommendations—ensuring high‑quality, timely, and well‑substantiated assurance results.
• Engage and collaborate with senior stakeholders, including Directors, Senior Managers, and Senior Specialists, to discuss risks, validate findings, address process deficiencies, and support continuous improvement in financial capacity assessment practices.
• Analyze qualitative and quantitative data to identify trends, control gaps, inconsistencies, and emerging risks, providing clear, actionable insights that strengthen financial governance and inform senior management decision‑making.
• Prepare and deliver high‑quality reports, briefings, and recommendations for senior leadership, articulating complex issues and influencing operational, policy, or control enhancements required to strengthen compliance and reduce risk exposure.
• Provide expert guidance and coaching to analysts, peers, and project contributors on risk management practices, internal controls, and quality assurance standards, reinforcing a strong, enterprise‑wide risk and compliance culture.

What you should have: 
 

• A CPA designation (mandatory), supported by an undergraduate degree in Accounting, Finance, Business, Economics, or a related quantitative field.
• A minimum of seven (7) years of progressive experience in risk management, internal controls, financial oversight, quality assurance, or related assurance functions within a complex or regulated environment.
• Advanced knowledge of financial and risk management concepts, including accounting standards, financial capacity assessment, regulatory/economic capital principles, and mortgage loan insurance–related risks.
• Demonstrated expertise in quality assurance and internal control evaluation, including the ability to design testing frameworks, assess design and operating effectiveness of controls, and apply Total Quality Management methodologies in complex, cross‑functional environments.
• Strong analytical, critical thinking, and problem‑solving capabilities, with the ability to interpret complex data sets, identify trends and control gaps, and translate technical findings into clear, actionable insights.
• Strong communication and stakeholder engagement skills, including tact, diplomacy, and the ability to convey complex issues succinctly to senior leaders, influence outcomes, and build collaborative relationships.
• Sound judgment and the ability to manage sensitive issues, prioritize effectively in high‑demand environments, and make independent decisions aligned with organizational risk appetite and governance expectations.
• A proven ability to work across functional areas, building strong relationships and navigating competing priorities while maintaining high-quality standards, attention to detail, and adherence to professional/industry practices.

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

Our commitment to diversity, equity, and inclusion 

We’re committed to employment equity and encourage women, Indigenous Peoples, persons with disabilities, veterans and persons of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions to apply. We also welcome applications from non-Canadians who are eligible to work in Canada.

CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our mission.

Learn more about our commitment to diversity and inclusion 

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!