Senior Specialist, Modelling

Job Requisition : 12235

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: Secret

Salary: Our salaries generally range from $ 104180.28 to $ 130225.36 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 contract employee:

• Accrued vacation.
• 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.

About the role

Join the Modelling Initiative Team, in the Senior Specialist, Modelling position. In this role, you will address complex modelling challenges and contribute to the development and enhancement of data driven models that support informed decision making, working closely with CMHC’s internal clients. Your expertise in hands-on model development, interpreting results, applying rigorous quantitative thinking, and building strong client relationships will strengthen decision making and enhance the organization’s risk management framework.

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

What you’ll do:

• Design, build, implement and refine statistical and machine learning models to support business decisions and analyses, including stress testing and capital adequacy analysis.
• Apply advanced quantitative and theoretical approaches to enhance modelling capabilities within a highly technical team.
• Produce model driven analysis and communicate results clearly to users and stakeholders.
• Lead and coordinate multi-disciplinary teams, including model users, modelling experts, and other stakeholders, while providing mentorship and guidance to peers.
• Support the migration of models from development to production environments.
• Develop decks, tools, user guides and training materials to provide information and analytical supports to clients, users and other stakeholders.
• Ensure models are appropriately documented and subject to effective controls, including performance monitoring, validation and change management protocols in accordance with CMHC's model risk policy and industry best practice.

What you should have:

• A postgraduate degree in a quantitative discipline such as finance, mathematics, economics, statistics, data sciences, or actuarial sciences.
• A minimum of five (5) years of experience in modelling, validation or quantitative analytics.
• A strong ability to work in a sophisticated technological environment, such as Azure and Databrick, utilizing various modelling techniques and programming languages, preferably Python and R.
• Demonstrated ability to conduct rigorous quantitative analysis using strong theoretical foundations (e.g., statistical modelling, econometrics, or financial mathematics), combined with critical thinking and sound judgment to resolve complex issues.
• A solid understanding of Canada's financial sector and real estate markets.
• Strong written, verbal, and presentation communication skills, with the ability to convey complex concepts clearly to diverse audiences.
• Solid project management capabilities, with a track record of organizing priorities, meeting…