Specialist, Quantitative Analysis

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

Travel Requirement:Limited

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

Security Requirement: Secret

Salary:Our salaries generally range from $86816.59to $108520.74and are based on qualifications and experience.

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:

• Annual individual performance bonus.
• 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.

Members of the following employment equity deserving groups will be prioritized for this job: Indigenous Peoples

About the role

Join the Insurance and Securitization team, in the Specialist, Quantitative Analysis position. In this role, you will lead the development, implementation, calibration, documentation, and maintenance of complex quantitative analyses to drive insights as well as lead the effective management of the strategic decision rules.

This is a temporary position of a duration of 12 months.

What you’ll do:

• Employ qualitative and quantitative analytical techniques, including scenario-building, modeling of alternatives, etc., to provide assessments of product and pricing (Insurance & Lending) and analytics.
• Maintaining and applying expert knowledge of best practices and recent advances in quantitative methods and analytical techniques.
• Monitoring market trends, economic conditions and other factors that influence financial and mortgage sectors.
• Translating complex model results into clear, decision-useful insights for senior management, committees and stakeholders.
• Monitoring model performance to ensure ongoing quality and proactively identify opportunities to improve existing models and analytical tools.
• Support model development and updates to inform business decisions and analysis; models are used for purposes such as underwriting, pricing, stress testing, capital adequacy assessment, business analytics including financial projections, and automated systems and tools.
• Maintaining relationships with internal and external partners to ensure the bidirectional knowledge transfer required to develop, validate and implement models using state-of-the-art methods and technology.

What you should have:

• An undergraduate degree in a quantitative field, such as statistics, Mathematics, computer science, engineering, or business intelligence.
• An expertise with the standard Microsoft suite, SQL and other tools such as open-source tools (R, Python) and data visualization (Power BI, Tableau).
• A minimum of five (5) years of experience in housing finance, specifically multi-unit lending. An equivalent combination of education and/or experience can be considered.
• Sound analytical skills with demonstrated quantitative/qualitative analytical and problem-solving skills to capture and synthesize information and develop recommendations and provide advice.
• Developed communication skills and the ability to make clear and concise presentations for decision making.
• The ability to establish and maintain effective working relationships.

It would be great if you also had:

• Bilingualism (English and French) is considered a strong asset.
• Knowledge of IFRS 17.
• Knowledge of the Mortgage Insurance and Securitization business as well as the Mortgage Insurance Capital Adequacy Test: (MICAT).
• Professional designation (Associate or Fellow of the Canadian Institute of Actuaries, Casualty Actuarial Society, Society of Actuaries, Chartered Financial Analyst, Professional Risk Manager, Financial Risk Manager, or Chartered Professional Accountant).

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.

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!

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