Senior Specialist, Credit Risk and Financial Analysis

Overview

Job Requisition : 11471

Position Status: Temporary Full Time

Position Type: Hybrid

Office

Location:

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

Travel Requirement: Limited

Language Designation: English Essential

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

Security Requirement: Reliability Status

Salary: Our salaries generally range from $101639.3 to $127049.13 and are based on qualifications and experience.

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.

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:

• Accrued vacation.
• Annual individual performance bonus.
• Group insurance coverage 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.

Join the Multi-Unit Borrower Financial Analysis (MUBFA) team within the Business and Portfolio Operations Division where we provide credit opinions on large borrowers in support of Underwriting Operations. In this role, you will identify, analyze and assess the risks on large borrowers and provide a recommendation on CMHC’s continued insurance business. You will mentor and coach junior members of the team by providing guidance on large borrowers with complex organizational structures and elevated risks.

You will also advise the senior management on key risk indicators at the portfolio level and recommend active mitigation strategies accordingly considering all relevant business and risk factors.

This is a temporary position of a duration of 24 months.

What you’ll do:

• Act as the subject matter expert and coach and mentor junior members of the team.
• Establish financial review and monitor framework on large borrowers and provide subject matter expertise to internal & external clients.
• Perform complex financial analyses and manage the end-to-end credit review process, while providing guidance to internal clients on financial aspects, such as financial reviews, credit analysis, risk management policies and procedures.
• Work closely with external clients and counter parties, reviewing borrower financials submitted by lenders and preparing recommendations for credit committee approval.
• Ensure that the functional business unit is compliant with corporate policies and follows industry best practices.
• Ensure that appropriate systems are in place for effective and efficient credit risk analysis, monitoring and reporting.
• Develop and support the development of policies, methodologies, procedures, analytical modelling and risk management information systems.
• Develop and deliver seminars for various internal/external stakeholders.

• An undergraduate degree in Commerce, Business Administration, Finance, Economics, or Accounting.
• A minimum of seven (7) years’ experience in financial risk management, with strong knowledge of mortgage lending, real estate markets, and credit risk principles and solid understanding of underwriting standards, loan structuring, and collateral analysis.
• Strong analytical and problem-solving skills, with the ability to think quickly, and apply deep industry knowledge to assess complex credit scenarios independently.
• A proven ability to work independently as a self-starter, with a proactive mindset and strong motivation to identify and implement effective…