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Senior Specialist, Credit (Position can be located anywhere in Canada)

Sector: Client Operations 

Language Designation: English Essential 

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

Salary Range: $89823.44 to $112279.30

Position Status: Permanent Full Time 

 
We’re not your typical government agency
Canada Mortgage and Housing Corporation (CMHC) exists for a single reason: to make housing affordable for everyone in Canada. We’re mobilizing the expertise and energy of governments, non-profits, lenders, developers, social entrepreneurs and co-ops to create the future of housing. At CMHC, we believe that everyone in Canada should have a place to call home.
 
Experience a Results-Only Work Environment™ (ROWE™)
At CMHC, we trust you to get the job done. We’ve shifted from managing people to managing work. Each employee is 100% autonomous and 100% 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.
 
 

This position reports to the Financial Services team in our Office of the SVP, Client Operations sector. This sector makes delivering housing affordability solutions easy.


About the role
We’re constantly evolving to build an inclusive housing system through research, design, innovation and partnerships. You will support and inform Treasury, Investment and Executive Management on CMHC’s financial positions and credit risk. You will support the development and implementation of effective portfolio credit risk management policies, procedures, strategies and related information systems. This will help us make housing affordable for everyone in Canada. 
 

What you will need 
•    Undergraduate degree in finance, accounting, economics or mathematics. A Master's degree  and/or a CFA designation are considered assets.  
•    Minimum of seven years of experience of increasing responsibilities in the area of financial risk management with a focus on fundamental credit / investment analysis.
•    Strong knowledge and understanding of financial markets.
•    Knowledge of credit risk management policies and methodologies.
•    Excellent oral presentation and reporting skills.
•    Good understanding of treasury and risk management systems.

 

What you will be doing

•    Establish framework and implement financial review, credit analysis and monitoring of CMHC counterparties. 
•    Perform complex financial analyses of rated and non-rated companies and other counterparties related to the Corporation’s lending, securitization, outsourcing, investment and hedging activities.
•    Research, monitor and report on the capital markets and approved CMHC counterparty developments in relation to compliance with enterprise risk management policies.
•    Establish and maintain effective working relationships with the major credit rating agencies.
•    Closely interact with Treasury on transaction / portfolio credit risk positions and management.
•    Develop and communicate credit risk positions and performance.
•    Implement CMHC’s credit risk policies and procedures.
•    Analyze, monitor and manage credit exposures against derived limits, and advise appropriate staff and management on limit exceptions and counterparty credit risk management strategies.
•    Support the development of policies, methodologies, procedures, analytical modeling and treasury/ risk management information systems.
•    Liaise with Finance, Investments and Treasury on Corporate Plan assumptions and pro forma modeling and financial reporting.


Does this sound like you? 
Click the “apply now” button and create an account (it should take about 30 seconds). We’re excited to hear from you!  

 

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

 

Job Requisition ID: 4763  

Primary Location: TorontoOntario  

Other Location(s): Ottawa, Montréal, Québec, Halifax, Calgary, Edmonton, Winnipeg, Saskatoon & Vancouver 

Security Requirement: Reliability Status 

Travel Requirement: Limited 

 

We sincerely thank all candidates for their interest, however, please note that only those applicants selected for further consideration will be contacted.
 
Diversity
CMHC is an employer that values diversity and encourages the learning and use of both Canada's official languages. CMHC is committed to employment equity and actively encourages application from women, Indigenous people, persons with disabilities and visible minorities
 
*If selected for an interview or testing, please advise us if you require an accommodation.

Learn more below about CMHC and how we help Canadians meet their housing needs.