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Office of the Superintendent of Financial Institutions Canada – Supervision Data & Analytical Insights
Vancouver (British Columbia), Ottawa (Ontario), Toronto (Ontario), Montréal Island (Québec)
RE-06 – NOTE: This position is classified at the RE-06 group and level which is roughly equivalent to the FI-04 group and level.
Indeterminate
$109,700 to $141,900
Vancouver (British Columbia), Ottawa (Ontario), Toronto (Ontario), Montréal Island (Québec)
RE-06 – NOTE: This position is classified at the RE-06 group and level which is roughly equivalent to the FI-04 group and level.
Indeterminate
$109,700 to $141,900
For further information on the organization, please visit Office of the Superintendent of Financial Institutions Canada
Closing date: 30 November 2022 – 23:59, Pacific Time
Who can apply: Persons residing in Canada, and Canadian citizens and Permanent residents abroad.
Apply online
Important messages
We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.
Assessment accommodation
OSFI believes in offering employees flexibility and in creating a workplace that is productive, engaging, collaborative, and inclusive, all the while being supportive of employees’ wellbeing. As such, OSFI is experimenting with a hybrid work model (a combination of telework and onsite work) that will shape how we use our physical workplace to establish new norms, ways of collaborating, and working together and will adjust its model based on lessons learned.
POSITION LOCATION / WORK ARRANGEMENT:
This position is located in Toronto; however, the successful candidate may work from one of the OSFI offices across Canada – Toronto, Ottawa, Montreal, or Vancouver – as agreed with their manager.
OSFI’s hybrid model promotes a workplace in which, on any given day, there is a mixture of employees teleworking from alternative places within Canada, working onsite at their designated position location or from another OSFI office. We encourage candidates who want to work in one of OSFI’s offices to apply.
EMPLOYMENT EQUITY:
OSFI is committed to achieving a representative workforce that reflects the diversity of the Canadian population. We are dedicated to building and promoting a diverse, equitable and inclusive workforce, representative of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio-economic background or lived experience. By embracing diversity and inclusion, our department ensures broader discussions, better decisions, and a more positive workplace.
We invite you to be part of the change by joining an organization where individual differences are recognized, valued and respected. We welcome all candidates to apply and strongly encourage candidates to self-declare if they belong to an Employment Equity designated group: Aboriginal* Peoples, Persons with Disabilities, Women or Visible Minorities (Black people and other racialized groups).
- The term “Aboriginal” is used within this job advertisement as it relates to the Employment Equity Act and other legislative frameworks. The term “Indigenous” is used where possible, in alignment with the United Nations Declaration on the Rights of Indigenous Peoples.
Achieving a representative and diverse workforce has been identified as an organizational need for OSFI and may be applied at any time during this appointment process. If this criterion is used, only those who have indicated that they are members of the specified designated group(s) will be considered. As such, first consideration for an appointment may be given to candidates who self-declare as belonging to one or more of the four designated employment equity groups (Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women).
In order to self-declare, please ensure to check off the appropriate box within the online application under the Employment Equity section. We encourage you to consult theses links to learn more about employment equity and self-declaration:
- https://www.canada.ca/en/public-service-commission/jobs/services/gc-jobs/employment-equity.html
- https://www.canada.ca/en/public-service-commission/jobs/services/gc-jobs/applying-government-canada-jobs-how-to-apply.html#EE
Duties
The vision of the Risk Advisory Hub (RAH) is to make capital and liquidity a centrepiece in our risk assessments.
Supervision Data & Analytical Insights (SDnAi)
A critical part of RAH, SDnAi has within its mandate to:
1. elevate analytics tools to enable insightful data-driven supervisory decision-making & assessments;
2. develop and maintain tools to support risk assessments including capital and liquidity adequacy; and
3. promote data literacy and the effective use of supervisory information through analytic tools and training.
The Manager, SDnAi is responsible for:
- activities that primarily relate to a specific industry or industries;
- leading the development and ongoing management of a small team of analysts;
- developing tools and solutions to advance supervision’s analytics capabilities and to promote data literacy, data-driven decision-making, and effective use of supervisory information; and
- providing input to the Director on SDnAi’s plans and priorities.
Work environment
Our Role:
OSFI is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition. In fulfilling its mandate, OSFI supports the government’s objective of contributing to public confidence in the Canadian financial system.
Learn more about us https://youtu.be/QO_3vnPKuZI
OSFI is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition. In fulfilling its mandate, OSFI supports the government’s objective of contributing to public confidence in the Canadian financial system.
Learn more about us https://youtu.be/QO_3vnPKuZI
Our People and Culture:
People are the foundation of our organization. You will become part of a diverse community that acknowledges everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness. We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful and diverse workplace. All employees are encouraged and welcome to join the following networks and participate in their activities and events.
- Diversity of Thought
- Family Responsibilities
- Gender
- LGBTQ2IS
- Mental Health and Accessibility
- Multiculturalism (Affinity Groups: Indigenous, Asian, Black)
- Unconscious Bias
Hear about our people https://youtu.be/diUspmpYWQI
Our Rewards:
Compensation: OSFI offers a competitive salary, and employees may be eligible for in-range increases and economic adjustments. Salaries are based on qualifications, experience and knowledge. The Public Service Pension Plan is a defined benefit pension plan (indexed for inflation), where both the employer and the employee contribute.
Performance Pay: OSFI employees are eligible for an annual bonus based on their performance throughout the year.
✈️ Vacation and Leave: OSFI employees start with 4 weeks of paid vacation, 2 personal days and 5 days of Family Related Leave with Pay among other various types of paid and unpaid leave.
Flexible Work Arrangements: OSFI offers flexible work arrangements by providing support for compressed work week schedules, flexible work hours and teleworking, in order for employees to achieve their work objectives while achieving balance between work and homelife.
Learning and Development: OSFI offers career advancement opportunities and encourages innovative thinking in its work environment. Employees may be reimbursed for relevant professional association membership fees.
Intent of the process
The intent of this process is to staff one position on an indeterminate basis where the designated worksite Toronto, Ontario is OSFI’s office located at 121 King Street West, Suite 1900, Toronto, Ontario, M5H 3T9.
A flexible work arrangement can be established to allow for a combination of telework (work from home or a remote location within Canada outside of the traditional office) and onsite office work (the designated worksite or another OSFI office). While there is flexibility to report to an OSFI office in Toronto, Ottawa, Montreal or Vancouver that is closest to your regular telework location, you may also be required to report into and work onsite from your designated worksite Toronto from time to time at management’s request.
A pool of qualified or partially qualified candidates may be created to staff similar or identical positions with various linguistic profiles and requirements, security requirements and/or various tenures within the Office of the Superintendent of Financial Institutions (OSFI), which may vary according to the position being staffed.
Positions to be filled: Number to be determined
Information you must provide
Your résumé.
In order to be considered, your application must clearly explain how you meet the following (essential qualifications)
ESSENTIAL EDUCATION
- A degree from a post-secondary institution with specialization in business, commerce, economics, finance, mathematics or applied mathematics, actuarial science, statistics or applied statistics, accounting, or other relevant field OR an acceptable combination of relevant professional industry experience and education.
Degree equivalency
ESSENTIAL EXPERIENCE
- Significant experience related to banking and/or insurance in one of the following areas: risk management, financial analysis, audit, underwriting, actuarial, claims, or other relevant areas.
- Experience in data and analytics including business information tools (such as Power BI, Tableau for visualization, or Excel) for the analysis and assessment of one or more of the following: Credit, Liquidity, Market, Insurance, Operational risk, or Capital.
If you possess any of the following, your application must also clearly explain how you meet it (other qualifications)
In addition to the Essential Qualifications identified above, please provide details if you possess one or more of the following Asset Education and Asset Experience criteria identified below.
ASSET EDUCATION
- A graduate degree from a post-secondary institution
- A CFA, FRM, CIP, CPA or other relevant designations
Degree equivalency
ASSET EXPERIENCE
- Experience with coding in different languages such as SQL, Natural Language Processing (such as Python or R), Azure Synapse Analytics, Azure Cognitive Services, or other data science languages.
- Experience dealing with FRFI risk assessment/risk management issues.
- Experience working collaboratively with business partners to understand, analyze and support requirements and recommend solutions.
The following will be applied / assessed at a later date (essential for the job)
English essential
Information on language requirements
ESSENTIAL KNOWLEDGE
- Knowledge of current and emerging risks, trends, developments, and regulatory standards relating to banking or insurance.
- Knowledge of analytic and data application tools and how they are used for financial and risk analysis.
ESSENTIAL COMPETENCIES
- Leading People
- Inclusion
- Critical Thinking
- Results Orientation
ESSENTIAL ABILITIES
- Ability to communicate effectively verbally.
The following may be applied / assessed at a later date (may be needed for the job)
ASSET KNOWLEDGE
- Knowledge of OSFI’s Supervisory Framework.
- Knowledge of project management practices.
ASSET COMPETENCIES
- Interpersonal Communication
- Innovation
ASSET ABILITIES
- Ability to communicate effectively in writing.
ORGANIZATIONAL NEEDS
OSFI is committed to having a skilled and diverse workforce representative of the Canadian population. In order to meet our employment equity objectives, selection for this position may be made from among qualified candidates who self-declare as belonging to one or more of the following Employment Equity groups: Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women. OSFI is committed to diversity and inclusion, and we strongly encourage candidates to self-declare if they belong to one of these designated employment equity groups.
Conditions of employment
Reliability Status security clearance
CONDITIONS OF EMPLOYMENT
- In our current telework environment, the ability to work remotely from home within Canada with access to Internet in one’s residence is a condition of employment.
- Ability and willingness to work overtime.
- Ability and willingness to travel internationally and/or domestically when required.
Other information
The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply.
Information on employment equity
For external processes (as indicated by the abbreviation “EA” in the selection process number), only those selected for further consideration will be contacted.
OSFI is a separate agency with its own classification and compensation system. OSFI’s staffing is subject to the Public Service Employment Act (PSEA).
The ability to communicate effectively in writing may be assessed using the candidate’s application, as well as through the evaluation process.
Assessments (such as written exams, interviews and reference checks) may be conducted virtually through email, telephone and/or videoconference.
Candidates must meet all of the essential qualifications to be appointed; however, one or more asset criteria may be invoked at any stage of the process.
Depending on the number of applicants, volume management strategies such as random selection, top-down approach and/or establishing cut-off scores to determine who will continue in the staffing process, may be used for the purpose of managing applications. Please note that although you may attain the established pass mark on any of the assessments used in this staffing process, management may decide to use a higher cut off score.
Eligible candidates may be considered and offered a deployment or interchange before considering other applicants.
Persons are entitled to participate in the appointment process in the official language of their choice. Applicants are asked to indicate their preferred official language in their application.
Email correspondence will be used as the main method of communication with candidates for this selection process, please ensure it accepts messages from unknown users. Please note that you need to provide valid and updated contact information.
All job applications must be submitted through the Government of Canada public service jobs website. Do not email or mail hard copy documents as these will not be accepted. To submit an application online, please click on the “apply now” button. Persons without Internet access may also review jobs open to the public through INFOTEL at 1-800-645-5605.
If you have a limitation that may impact your performance at any step of the assessment process (such as submitting the application, written test, or an interview), you may request an accommodation. Assessment accommodations are designed to remove barriers, and to ensure that candidates with limitations can fully demonstrate their abilities. Should you wish to be accommodated, please inform us by sending an e-mail to the following address: [email protected]. All information received in relation to accommodation will be kept confidential.
Preference
Preference will be given to veterans first and then to Canadian citizens and permanent residents, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first.
Information on the preference to veterans
We thank all those who apply. Only those selected for further consideration will be contacted.
