BCFSA Looking for Manager Approvals at Vancouver, BC Full Time

Job Description:
The BC Financial Services Authority (BCFSA) protects British Columbians during their most important financial transactions. We regulate BC’s financial services market, including credit unions, trust companies, registered pension plans, insurance companies and mortgage brokers.

We uphold public confidence by impartially setting and enforcing standards for real estate professionals. We also ensure that consumers dealing with licensed real estate professionals are protected against wrongful actions. By overseeing the most significant financial transactions in BC we ensure fairness, legality and the prosperity of consumers and the province.

BCFSA is an equal opportunity employer and welcomes applications from all groups. This includes women, visible minorities, Indigenous Peoples, persons with disabilities, persons of diverse sexual orientation, gender identity or expression (LGBTQ2S+), and others who may contribute to diversity at BCFSA.

We recognize unique styles, perspectives, beliefs, and creativity that support a diverse, respectful, inclusive and collaborative work environment. To achieve this, we stay committed to:

Hiring team members who represent the population we serve

Removing barriers that may prevent equitable employment

Supporting respectful work environments where everyone feels included and able to produce excellent results

BCFSA is proud to be Great Place to Work Certified™ organization based on direct feedback from our team members.

WHAT WE OFFER:
Healthy living and work-life balance

Comprehensive health and wellness benefits plan

Opportunities for personal and professional development

Competitive compensation

A challenging and engaging team environment

Defined benefits pension plan

Flexible work arrangement for eligible positions

A beautiful office location in downtown Vancouver

SUMMARY

The position manages the evaluation of statutory requests from regulated financial institutions and recommendations prepared for decision by the BCFSA.

ACCOUNTABILITIES

• Contributes to the development and implementation of operational plans and reporting to support program accountability, organizational core values and mandate.
• Contributes to the development of operational policies and procedures, performance standards and service levels with the goal of continuous improvement.
• Develops and maintains constructive and collaborative relationships with internal and external stakeholders.
• Provides supervision, coaching and mentorship to support team members to achieve their full potential.
• Manages production of timely assessments of applications submitted in respect of a statutory approval by regulated financial institutions or applicants seeking to operate in a sector regulated by the BCFSA.
• Responds to and provides information to staff, the public, and regulated or proposed financial institutions regarding program policies and procedures.
• Actively contributes to, participates in, and otherwise supports research studies, special projects and presentations, business transformation initiatives, and stakeholder engagements.

JOB REQUIREMENTS

• Degree in Economics, Finance, Accounting, Actuarial Science, Risk Management, Commerce, or professional designation such as Chartered Financial Analyst, Chartered Professional Accountant, Financial Risk Manager, etc. and considerable related experience in the financial services sector or, an equivalent combination of education and experience.

Related experience includes:
o Analysis or examinations in the financial services, business, or commercial sectors

o Interpreting and applying legislation, regulations, and/or policy

o Leading employees

• Knowledge of the relevant provincial acts and regulations.
• Knowledge of financial analysis techniques.
• Knowledge of statutory approvals frameworks in BC and Canada.
• Knowledge of risk management principles and methods.
• Ability to exercise judgement, initiative, and discretion.
• Ability to analyze business plans, financial statements, and actuarial reports.
• Ability to influence stakeholders to comply with legislation regulations and policies.
• Superior oral and written communication skills.

PROVISOS

• Must be willing to work outside of regular office hours when needed.
• Travel, and absence from home overnight, may be required on occasion.
• Applicants must be able to successfully meet the BCFSA’s security screening requirements.

Please be advised that BCFSA requires all employees to be fully vaccinated against COVID-19 as a condition of hire and ongoing employment. Candidates will be requested to provide proof of vaccination status, and may only be exempted from the requirements of proof and full vaccination if they request and are approved for a medical exemption or a Human Rights Code accommodation. Such a request must be made during, not after, the recruitment process.