Senior Specialist, Credit Risk and Financial Analysis

Job Requisition : 11714

Position Status: Temporary Full Time

Position Type: Hybrid

Office Location: Halifax (NS);
Calgary (AB);
Montreal (QC);
Ottawa (ON);
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.

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 permanent employee:

• Annual Paid vacation.
• Annual individual performance incentive.
• Defined benefit pension 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.
• While positions at CMHC require some in-office presence, alternative work arrangements may be considered for Indigenous candidates.

About the role

Join the Multi-Unit Borrower Financial Analysis (MUBFA) team within the Business and Portfolio Operations Division, in the Senior Specialist, Credit Risk and Financial Analysis position. In this role, you will provide credit opinions on large borrowers by identifying, analyzing, and assessing associated risks, and offering recommendations regarding 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 with a duration of up to 18 months.

What you’ll do:

• Act as the subject matter expert and coach and mentor 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 counterparties, 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.

What you should have:

• An undergraduate degree in Commerce, Business Administration, Finance, Economics, or Accounting.
• A minimum of seven (7) years of progressive experience in financial risk management, with demonstrated expertise in:
  • Credit risk assessment and mitigation strategies
  • Commercial Mortgage lending practices and Real estate market dynamics
  • Underwriting standards and guidelines
  • Loan structuring and portfolio analysis
  • Collateral evaluation and risk exposure analysis
• A proven ability to independently assess complex credit scenarios, applying deep industry knowledge and sound judgment to support…