Job Requisition ID: 12096
Position Status: Permanent Full Time
Position Type: Hybrid
Office Location: Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)
Travel Requirement: Limited
Language Designation: Bilingual
Language Skill Levels (Read/Write/Speak): CBC
Security Requirement: Secret
Salary: Our salaries generally range from $ 129175.28 to $ 161469.09 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.
About the role
Join the Enterprise Risk and Operational Resiliency team in the Senior Manager, Compliance and Governance position. In this role you will be accountable for leading enterprise-wide compliance and governance practices to ensure adherence to legislative, regulatory, and internal policy requirements. The role serves as a key liaison with regulators, including OSFI, fostering a proactive, transparent, and coordinated approach to regulatory engagement, reporting, and remediation. It also provides strategic oversight to strengthen CMHC’s risk governance frameworks and supports senior management and the Board in discharging their oversight responsibilities.
What you’ll do:
- Lead the oversight of enterprise-wide regulatory and compliance risks, ensuring a proactive and coordinated approach across the organization.
- Ensure adherence to applicable legislation, regulations, and internal policies, with appropriate escalation and resolution of compliance issues.
- Provide expert guidance and interpretation of regulatory expectations to senior leadership and business stakeholders.
- Oversee the design, implementation, and continuous enhancement of enterprise risk and governance frameworks.
- Ensure effective application of governance practices, including the Three Lines of Defence model, across all functions.
- Strengthen governance processes, tools, and reporting to support consistency, transparency, and organizational effectiveness.
- Serve as the primary liaison with regulators, including OSFI, fostering transparent, collaborative, and proactive relationships.
- Lead the coordination of regulatory submissions, examinations, and ongoing supervisory engagement.
- Oversee the tracking, reporting, and timely remediation of regulatory findings, commitments, and action plans.
- Lead the preparation and delivery of enterprise compliance and governance reporting to senior management, Executive Committee, and the Board.
- Ensure clear visibility into the organization’s compliance posture, emerging risks, and remediation progress to support informed decision-making.
- Provide independent challenge and strategic advisory to business lines, while promoting a strong culture of risk awareness and compliance across the enterprise.
What you should have:
- 8 years of progressive experience in risk management, compliance, governance, or regulatory affairs within a highly regulated environment (e.g., financial services, crown corporations, or similar).
- 5+ years in a leadership role, with demonstrated accountability for enterprise-level programs, teams, or initiatives.
- Extensive experience in enterprise risk management, compliance, or governance within a regulated environment.
- Deep knowledge of Canadian regulatory frameworks (including OSFI) and expectations for federally regulated financial institutions.
- Proven experience managing regulator relationships and leading regulatory examinations or reviews.
- Strong understanding of governance frameworks, including Three Lines of Defence and risk appetite frameworks.
- Highly credible and effective communicator with a demonstrated ability to influence senior stakeholders and support Board-level decision-making.
- Strategic thinker with strong judgment in complex regulatory environments.
- Outcome-oriented, with a focus on execution, remediation, and continuous improvement.
It would be great if you also had:
- Advanced degree (e.g., MBA, master’s in risk management, Public Policy, or Law degree).
- Relevant professional certifications are highly desirable, such as:
- CPA, CFA, or FRM.
- CRMA, CRCM, or other compliance/risk designations.
- Governance- or risk-related certifications (e.g., ICD.D, GRC certifications).
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!
