Senior Analyst, Modelling

CMHC - SCHL • Vancouver, BC

29d • Hybrid

About The Position

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.

Requirements

• A postgraduate degree (or higher) in a quantitative discipline such as finance, mathematics, economics, statistics and actuarial sciences.
• A minimum of 1 (one) year of experience in modelling or quantitative analytics at a bank, insurance company, asset manager or other type of financial institution.
• Strong understanding of mathematical finance and risk management.
• The ability to work in a sophisticated technological environment utilizing various modelling and programming tools, including SQL and Python.
• Demonstrated experience in the finance or insurance industry with some actuarial or financial modelling background in pricing and profitability analysis.

Nice To Haves

• A professional designation (Actuarial, Chartered Financial Analyst, Professional Risk Manager, Financial Risk Manager or Certificate in Quantitative Finance).

Responsibilities

• Analyze and interpret complex data to evaluate insurance product performance and support product design and development initiatives.
• Maintain and apply strong knowledge of best practices and recent advances in quantitative methods and analytical techniques.
• Monitor market trends, economic conditions, and other factors that influence financial and mortgage sectors.
• Develop or validate new models to inform business decisions and analysis and to be used for purposes such as pricing, capital adequacy assessment, business analytics including financial projections, and automated systems and tools.
• Maintain models throughout their life cycle in accordance with CMHC's model risk policy and industry’s best practices.
• Contribute to model development or validation projects by collaborating with multi-disciplinary teams whose members may include model users, internal modelling experts, external modelling experts and other stakeholders.
• Monitor model performance to ensure ongoing quality and proactively identify opportunities to improve existing models and analytical tools. while helping to ensure that model users and other stakeholders understand the models and their limitations.
• Support the migration of models from development to production system environments.

Benefits

• Accrued vacation.
• Annual individual performance bonus.
• Support towards your personal and professional growth with training, mentorship and more.
• An inclusive workplace culture and environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior