Vice-President, Audit and Evaluation, Canada Mortgage and Housing Corporation

About CMHC

The work you do and the work they do together matters. CMHC comes to work every day with a common purpose: to contribute to a well-functioning housing system.

At CMHC, they hold themselves accountable for results and supports colleagues in their achievements. CMHC thrives on collaboration, connecting across CMHC and involving the right people to get their work done. Our leadership style is guided by trust, where our leaders favour an adaptive approach based on the needs of their teams.

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.
• A Corporate benefit Incentive 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.

About the role

The Vice-President, Audit and Evaluation is an executive leader responsible for designing, developing, and delivering a risk-based approach to CMHC’s audit and program evaluation functions. This role provides independent, objective assurance and advisory services, focusing on identifying and reporting the effectiveness, adequacy, and sustainability of governance, risk management, and control processes that support the achievement of corporate business objectives.

The incumbent directs the strategic planning and management of audit and evaluation activities, ensuring alignment with the three lines of defence risk governance model and responsiveness to policy objectives, budget requirements, and stakeholder expectations. The Vice-President maintains the independence and objectivity of audit and evaluation functions, confirming their organizational stature through formal reporting to the Audit Committee while administratively reporting to the CEO.

What you’ll do:

Strategy and Planning:

• Directs the design and development of options to strategically plan and manage a corporate audit and evaluation function, ensuring that it is aligned with the three lines of defence risk governance model and able to respond to policy objectives, budget considerations and stakeholder expectations.
• Directs the development of a comprehensive, risk-based, multi-year risk-based audit and evaluation plan aligned with organizational objectives; establishes plans, priorities and objectives for projects and initiatives within the plan and the associated reporting.

Advice and Guidance

• Provides subject matter expertise and advice on reasonable, risk-based assurance and ongoing objectives, substantiated assessments on the design and function of the organization’s governance, risk management and control processes including for new initiatives, and submits insightful, proactive and future-focused reports to the Audit Committee, Board members, the CEO, senior managers and other stakeholders.
• Provides insights into emerging risks, trends and control gaps.

Program Delivery

• Ensures that the audit and program evaluation functions are aligned with the organization’s strategic objectives and risk appetite and able to provide assurance on risk, governance, business process control and program effectiveness.
• Manages performance indicators for multi-year audit and evaluation plans and program objectives, milestones and key performance indicators for project teams; tracks project performance metrics; develops status reports and analysis for audit and evaluation management on an ongoing basis.
• Ensures effective assessment of CMHC’s systems, processes and practices, the integrity of financial and non-financial information.
• Ensures that a quality assurance and improvement program is maintained, covering all aspects of audit and evaluation activities and focusing on continuous improvement and quality.

Relationships

• Establishes and maintains effective working relationships with the Audit Committee in designing and delivering the audit and evaluation functions as effective tools for senior-level decision making.
• Build and sustain strong, strategic relationships with the Audit Committee, CEO, senior leadership, and key internal and external oversight bodies to ensure timely, objective, and evidence-based insights that support effective decision making.
• Collaborate closely with risk management leaders, regulators (including OSFI), Treasury Board Secretariat, external auditors, and peer executives across financial institutions to address audit and evaluation matters and strengthen organizational governance.

What you should have:

• An undergraduate degree in a related field such as accounting, finance, business administration or commerce.
• A Chartered Professional Accountant (CPA) or a Certified Internal Auditor (CIA) designation is required.
• 13 (thirteen) years of relevant experience in internal audit , evaluation, enterprise risk management and internal controls (minimum of 5 years in internal audit).
• A minimum of 5 (five) years of experience in a senior leadership role overseeing audit teams and enterprise-level audit programs, with a proven track record of leading mid to large sized teams.
• Proven experience developing and executing risk-based audit plans
• Demonstrated consultation, issue resolution, and negotiation skills to develop effective client relationships with senior management, members of the Audit Committee and the Board of Directors.
• Knowledge of CMHC’s mandate, its business objectives, its policies, programs and products, its major interdependencies and its regulatory framework.
• Current knowledge of the internal audit and program evaluation processes and of financial institution control requirements prevalent in the public service.
• Advanced oral and written communication skills (French d English) including presentation, negotiation and persuasion skills to present to C-suite-level executives within CMHC, Executive Board, all levels of government and client organizations.
• Strong influencing skills with demonstrated ability to lead a team, drive change and to earn the trust and confidence of senior management and the Board of Directors.
• Superior analytical skills with demonstrated ability to capture and synthesize information to develop strategic business plans.

This is a publicly advertised job posting for an existing vacancy based in Ottawa with a 4 day in office policy. Expected compensation range is $ 215,668.84 to $ 269,586.04 CAD. Odgers does not use artificial intelligence (AI) to screen, assess, or select applicants for a position.

To fill this position, Canada Mortgage and Housing Corporation (CMHC) has partnered with leadership advisory firm Odgers. Applications are encouraged immediately and should be submitted online at We would like to thank all applicants but regret that we are only able to personally contact those individuals whose backgrounds best match the requirements for the role.

Diversity, Equity, and Inclusion

Canada Mortgage and Housing Corporation (CMHC) is an equal opportunity employer. In accordance with the Accessible Canada Act, 2019 and all applicable provincial accessibility standards, upon request, accommodation will be provided by both Odgers and Canada Mortgage and Housing Corporation (CMHC) throughout the recruitment, selection and/or assessment process to applicants with disabilities.

Odgers is deeply committed to diversity, equity, and inclusion in all the work that we do. As part of our efforts to better understand our ability to reach as broad a pool of candidates as possible for our searches, our DEI team would like to encourage you to take a moment and access our