Senior Specialist, Compliance and Risk Governance

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 permanent employee:

• Annual paid vacation.
• Annual individual performance incentive.
• Defined benefit pension plan.
• Comprehensive group insurance plan 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.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates. 

About the role

Join the Compliance Office team, in the Senior Specialist, Compliance and Risk Governance position, where you'll be providing ongoing expert-level advice on compliance and risk governance matters in support of the achievement of CMHC’s business objectives and strategic goals (such as the efficiency and effectiveness of the 3L model); contribute to the establishment of good corporate governance and to the culture of best-in-class risk management. You will act as a key relationship contact between CMHC and external regulators, specifically the Office of the Superintendent of Financial Institutions (OSFI). In doing so, support the business lines in understanding OSFI's expectations and aligning business practices to OSFI expectations, identifying areas of improvement proactively and working with the compliance team to ensure appropriate reporting and remediation. 

What you'll do: 

• Serve as the primary liaison with OSFI, maintaining effective relationships and coordinating timely, accurate, and consistent responses through collaboration with business lines and oversight functions. 
• Provide guidance on OSFI regulatory expectations and internal governance frameworks, supporting business lines in strengthening risk posture and promoting a culture of compliance, accountability, and risk awareness. 
• Provide second line oversight by monitoring compliance with OSFI guidance and internal frameworks, identifying gaps or control deficiencies, recommending corrective actions, and supporting policy and framework enhancements. 
• Lead the development and implementation of OSFI compliance and risk governance review cycles and coordinate three-lines-of-defence oversight planning to ensure focus on areas of highest risk. 
• Monitor OSFI regulatory developments, emerging practices, and industry trends, advising senior leadership on implications and required actions. 
• Track commitments and action plans and provide consolidated reporting on OSFI matters, compliance activities, and progress against regulatory observations to senior management and the Board. 

What you should have: 

• An undergraduate degree in a related field, such as business, finance or commerce.
• A professional designation in a related field is required (CPA, CRM, FRM).
• A minimum of 7 years of prior relevant experience in compliance and risk governance, especially in the context of relationship with OSFI. 
• In-depth knowledge of the area of specialization, industry standards and frameworks, risk management, assurance and oversight. 
• Superior written and oral communication skills, including strong influencing and negotiating skills. Ability to deliver a persuasive, clear presentation of ideas that will convince others and gain acceptance of proposals or plans. 
• Advanced critical thinking, analytical and problem-solving skills with demonstrated ability to capture and synthesize information to develop recommendations and provide advice. 
• The ability to establish and maintain effective and trustworthy working relationships. 
• The ability to plan and manage multiple, concurrent priorities, and work under tight time constraints. 

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!