Senior Specialist, Quantitative analysis

Job Requisition ID: 10064  

Position Status: Temporary Full Time 

Position Type: Hybrid  

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

Travel Requirement: Travel not required 

Language Designation: English/French Optional 

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

Salary: Our salaries generally range from $ 99646.37 to $ 124557.97 and are based on qualifications and experience. 


About CMHC

At CMHC, the work you do and the work we do together matters. We come to work every day with a common purpose: to realize a future where everyone in Canada has a home that they can afford and meets their needs.


Our people are second to none. We lean in with courage, band together as a community and try new things to make a lasting impact on housing from coast to coast to coast.


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 what you get when you’re a contract employee:


  • 3 weeks of accrued vacation.
  • Annual individual performance bonus.
  • Support in your personal and professional growth with training, mentorship and more – because when you thrive, we thrive.
  • An inclusive workplace culture and environment with Employee Resource Groups and more.
  • A hybrid work model that lets you balance working from home and nurturing in-person connections by coming into your region’s office at a minimum of 4 times a month.


Join the Commercial Solutions sector within the Risk Management team. In this Senior Specialist position, you will be asked to lead the development of effective strategies and products, risk management. You will also need to provide solutions through expert guidance to promote housing affordability and financial markets stability. Contributes to the development of new strategies, policies, services, business rules and systems. Provides strategic input into policy and risk direction and implements CMHC's mission, vision, and goals. Conceives and oversees effective consultation processes with internal/external stakeholders to inform the divisional and corporate strategic directions.


This position has a duration of 24 months


What You’ll Do


  • Identifies opportunities for more rigor to risk management strategies and products.
  • Provides recommendations/input on the management of new program policies related to new products, services, and systems or to better manage risk exposures.
  • Supports the cohesiveness of CMHC’s homeowner property valuation and risking ecosystem.
  • Support the design of new homeowner property risking strategies.
  • Contributes to the implementation of new homeowner property risking strategies into new underwriting system (CMHC Connect), considering efficiencies, business agility, decision/risk agility, and business traceability and security.
  • Develops tools (e.g., PowerBI reports, Geographic Information System tools) that enable the monitoring of property risking strategies and performance of property risk mitigation practices. 
  • Conducts extensive research on property sales, housing market trends, and economic conditions that supports the design of new property risking strategies. 
  • Leverages property datasets to achieve gold standard in risk management practices for mortgage insurance operations.


What You Should Have:


  • An university graduate degree in Real Estate, Business, Economics, Computer Science, Geography, Planning, or related discipline.
  • A minimum of seven (7) years of related experience on research and analytical services using computer-based tools, analyzing financial and housing market data to identify trends and patterns, using quantitative techniques to analyze data to inform investment decisions, designing and implementing risk management strategies.
  • The ability to write and edit clear and comprehensive formal technical reports on products, feasibility studies, specifications, and systems. Effective in translating detailed and complicated technical ideas to easily understood documents. Works closely with project teams to develop strategy documents.
  • An understanding of Canada’s housing finance system, markets, appropriations, mortgage insurance and funding, the secondary mortgage market, lending/underwriting practices, and default management.
  • Advanced computer skills. Proficiency in MS Word, Excel, and PowerPoint.
  • The ability to produce comprehensive PowerBI reports.
  • The ability to automate tasks and data processing using programming languages (e.g., Python, R)
  • Advanced skills in cloud-based data platforms, database management, and statistical and GIS software (e.g., SQL, Databricks, R, ArcGIS).


It would be great if you also had


  • A MBA, CFA and/or risk management certification
  • Appraisal or property valuation certification.
  • Experience with AI and machine learning techniques


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!