Careers at CMHC: Risk & Compliance Specialist, Securitization Programs

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 Issuer Quality Assurance (QA) - Risk Management Operations Team, in the Specialist, Quality Assurance position. In this role, you will ensure Approved Issuer’s compliance with CMHC’s securitization (NHA MBS and CMB) programs requirements, policy, and procedures to provide management with confidence in the Approved Issuers compliance. You will undertake a series of quality assurance and ongoing monitoring activities to evaluate performance and regulatory compliance. You will oversee and monitor the successful completion of assigned monitoring, quality assurance, compliance, oversight and/or audit assignments from start to finish, including planning, conduct, reporting and wrap-up activities within established timeframes. You will communicate identified issues and risks to senior management to ensure any potential concerns are addressed in a timely and effective manner.

We are seeking a team oriented, yet autonomous, and proactive individual who has a solid knowledge of residential secured lending in Canada with excellent analytical, and risk management abilities.

What you’ll do:

• Support the development of validation protocols, policies, guidelines, and plans, including, as applicable, objectives, risk assessment, criteria, and monitoring/testing approaches/programs for the conduct of the assignment.


• Ensure timely execution of monitoring, testing, evaluation, and reporting on key processes, controls, and policy/program requirements.


• Communicate identified issues and risks and collaborate with Approved Issuers to improve performance and address non-compliance.


• Keep senior management and internal stakeholders informed of risk and Approved Issuer performance issues.


• Stay updated on corporate objectives and priorities to identify existing and emerging risks.


• Recommend and assist in implementing performance and risk indicators to enhance business effectiveness.


• Promote and apply relevant industry frameworks, standards, and best practices.


• Oversee processes for collecting, analyzing, and evaluating information to identify trends, gaps, and risks, and propose improvements.

 What you should have:

• An undergraduate degree in a related field such as business, finance or economics.


• A minimum of five (5) years' experience in risk management and reporting.


• Demonstrated knowledge of risk management, quality assurance and oversight.


• Sound judgment, analytical thinking, attention to details and problem-solving skills, including the ability to be forward thinking.


• Strong oral and written communication skills, including presentation skills and being tactful in dealing with sensitive issues.


• Self starter with the ability to multi-task and work under time constraints, combined with a willingness to learn.

It would be great if you also had:

• A CFA or FRM designation.


• Strong knowledge of securitization and related risks and concepts.

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.

Learn more about our commitment to diversity and inclusion 

What happens after you apply 

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!