Job Requisition ID: 10986
Position Status: Permanent Full Time
Position Type: Hybrid
Office Location: Ottawa (ON); Toronto (ON)
Travel Requirement: Travel not required
Language Designation: English Essential
Language Skill Levels (Read/Write/Speak): ZZZ
Security Requirement: Reliability Status
Salary: Our salaries generally range from $ 84699.11 to $ 105873.89 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. We have flexibility, in how, when, and where we work, within the boundaries of the business needs and the nature of your role. 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 Securitization Operations Team in the Specialist, Analytics and Reporting role. You will design, analyze and report on performance measures related to CMHC securitization programs and support CMHC’s securitization activities by monitoring the Canada Mortgage Bonds (CMB) Program for the Corporation in its role as financial services advisor (FSA) to Canada Housing Trust (CHT). You will also conduct National Housing Act mortgage-backed securities (NHA MBS) pricing, price verification and assists in various activities related to each CMB issuance.

WHAT YOU’LL DO:

• Compute and report on securities guaranteed/guarantees in force, mortgage arrears and other securitization performance measures for quarterly and annual financial statements.
• Review Issuer NHA MBS allocation requests, and conducts quarterly NHA MBS guarantee allocations and reallocations when applicable.
• Develop and maintain models and infrastructure to support pricing valuations, analysis and reporting for the business activities, corporate plan, securities pricing and rate differential indemnity.
• Prepare monthly/quarterly reports related to CMHC securitization activities, which are distributed to senior management, public corporate reporting disclosures (Securitization Business Supplement) and various reports for regulators (Department of Finance, Bank of Canada, and Office of the Superintendent of Financial Institutions).
• Assist with CMB transaction execution, ensuring timeliness, accuracy and thoroughness.
• Prepare and distribute daily valuation curve for pricing of NHA MBS sold to CHT.
• Monitor the compliance of securitization activities with CMB program requirements, controls and CMHC’s risk tolerance levels.

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