About the Role
The Senior Specialist will support the Risk Assessment and Intervention Hub by identifying financial and non-financial risk issues and trends within large, complex banking conglomerates. This role influences supervisory actions and contributes to the development of accurate risk assessments for systemically important banks.
Responsibilities
- Support the identification of financial and/or non-financial risk issues and trends within large, complex banking conglomerates.
- Influence the nature and intensity of ongoing supervision.
- Contribute to the development of accurate risk assessments.
- Conduct supervisory activities for one of Canada’s six domestically systemic important banks as outlined in the Supervisory Strategy.
Requirements
- A degree OR diploma from a recognized post-secondary institution with specialization in business, commerce, economics, finance, mathematics, actuarial science, accounting or other relevant field.
- An acceptable combination of relevant experience AND education or formal training or a relevant designation/certification.
- Significant experience in coaching or guiding individuals or teams in analysis of financial risk or non-financial risk.
- Significant experience within the financial services industry evaluating risk management practices in areas such as credit risk, market and liquidity risk, operational risk, technology/cyber risk, model risk, regulatory compliance management, or culture and conduct risk.
- Significant experience conducting and presenting analysis, including the ability to extract and consolidate data from multiple feeds, and present informative views of trends for key financial or non-financial metrics.
- Experience leading a review of either non-financial or financial risk at a financial institution where the output includes a report and recommendations on how to improve practices.
- Knowledge of industry standards and practices in relation to the quantification and management of financial risk or non-financial risk including analytics-based techniques and their applications.
- Knowledge of current and emerging key financial or non-financial risks and the techniques used in their measurement and management.
- Knowledge of current and emerging trends in the Canadian and global regulatory environments as they relate to risk management of large banks, with emphasis on financial risk or non-financial risk.
- Interpersonal Communication competency.
- Collaboration competency.
- Innovation competency.
- Critical Thinking competency.
- Ability to communicate effectively in writing.
- Ability to communicate effectively verbally.
Skills
- Financial risk analysis
- Non-financial risk analysis
- Risk management practices
- Data extraction and consolidation
- Trend analysis
- Report writing
- Power BI or similar tools (Asset)
- Project management (Asset)
- OSFI’s Supervisory Framework, processes and guidelines (Asset)
- Bank financial analysis (Asset)
- Culture or climate risk management (Asset)
- Leading People (Asset)
Location
- Toronto, Ontario
- Ottawa (Satellite)
- Montreal (Satellite)
- Vancouver (Satellite)
Work Type
- Hybrid
- Remote (within Canada)
- Mandatory onsite presence
- Overtime availability
- Travel within Canada
Experience Level
- RE 07
- EX-02 equivalent
- Significant experience (approx. 3 years)
Education Level
- Degree or diploma from a recognized post-secondary institution in a relevant field
- Relevant recognized professional designation (Asset)
Salary/Compensations
- $141,800.00 - $181,300.00
About the Company
- OSFI is committed to having a skilled and diverse workforce representative of the Canadian population.
- OSFI is committed to diversity and inclusion.
- The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve.
- OSFI is a separate agency with its own classification and compensation system.
Equal Opportunity
- Selection 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, Indigenous Peoples, Members of a Visible Minority, or Women.
- Preference will be given to veterans first and then to Canadian citizens and permanent residents.
