Career Management Trainee (RE-03 or RE-04)

Important messages

NOTE: The classification level will be determined based on the depth and breadth of the successful candidate's qualifications, as well as their assessment results.

Work environment

The Career Management Program at OSFI offers recent University graduates with some relevant work experience the opportunity to train for a challenging career in regulating Canada's financial industry. Successful candidates will develop along a two year structured career path gaining exposure to a variety of issues driving today's financial industry. Upon successful completion of the program, trainees will be qualified to join one of OSFI's Supervisory teams. OSFI's team environment fosters continuous learning, development and promotional opportunities. To learn more about OSFI and how we regulate, please click on the following link: http://www.osfi-bsif.gc.ca/Eng/Pages/default.aspx.

Program Structure:
The Career Management Program is a training and development ground for high potential candidates. Trainees entering the Career Management Program will move along a career path which includes a systematic rotation of three, 8-month work assignments over a 2-year period. Rotations are based on background, skills and interests of the participants, as well as the needs in the various divisions within Supervision. Progress through the program will be based upon individual performance and the development of requisite skills. RE-03 level trainees have the opportunity to be promoted to an RE-04 level trainee, typically after 1 year of the program, if they demonstrate that they have met the qualifications for a promotion as determined by the CMP program guidelines.

CMP trainees will be on probation for the entire duration of the program.

When a CMP trainee has completed their training and development in the program and has demonstrated that they meet the qualifications for promotion, they will subsequently be promoted to a working level position. Therefore upon successful completion of the CMP program, participants will be appointed indeterminately into a working-level RE-05 position at OSFI.

Intent of the process

This selection process may be used to establish a pool of qualified candidates, which could be used to staff similar or identical positions with various linguistic profiles and requirements, security profiles and various tenures.

Positions to be filled: 2

Information you must provide

Your résumé.

You must meet all essential qualifications in order to be appointed to the position. Other qualifications may be a deciding factor in choosing the person to be appointed. Some essential and other qualifications will be assessed through your application. It is your responsibility to provide appropriate examples that illustrate how you meet each qualification. Failing to do so could result in your application being rejected.

In order to be considered, your application must clearly explain how you meet the following (essential qualifications)

ESSENTIAL EDUCATION

RE-03:
● A recent university degree with specialization in business, commerce, finance, accounting, economics, mathematics, or other relevant specialization.

RE-04:
● A recent university degree with specialization in business, commerce, finance, accounting, economics, mathematics, or other relevant specialization.
● A recent MBA or Masters in a relevant area of study OR a relevant professional designation e.g. CPA, CFA, FRM, CERA or FSA.

Degree equivalency

ESSENTIAL EXPERIENCE

RE-03 and RE-04:
● A minimum of two year of work experience in a Canadian Financial institution or related business environment, demonstrating increasing progression and responsibility.

The following will be applied / assessed at a later date (essential for the job)

English essential

Information on language requirements

ESSENTIAL KNOWLEDGE

RE-03 and RE-04:
● Knowledge of issues and trends in the domestic and/or international financial services industry, in either banking or insurance.
● Knowledge of the key risks associated with issues and trends in the domestic and/or international financial services industry, in either banking or insurance.
● Knowledge of financial products.

ESSENTIAL COMPETENCIES

RE-03 and RE-04:
● Service Orientation
● Results Orientation
● Critical Thinking
● Collaboration
● Excellent oral communication skills
● Excellent written communication skills

The following may be applied / assessed at a later date (may be needed for the job)

ASSET EDUCATION

RE-03:
● Working towards a professional designation (e.g. CPA, CFA, FRM, CERA or FSA) OR working towards an MBA or Masters in a relevant area of study.

Degree equivalency

ASSET EXPERIENCE

RE-03:
● Experience in lending (retail, corporate, commercial) or underwriting (property and casualty, life, group or individual) in a financial institution.
● Experience in financial or business analysis.

RE-04:
● Experience in risk management in the Banking, Property and Casualty, or the Life Industry.
● Experience leading projects or teams.

ASSET COMPETENCIES

RE-03 and RE-04:
● Building Business Relationships
● Innovation

RE-04:
● Impact and Influence

Organizational Needs: In order to meet the organization's employment equity objectives in support of a diversified workforce, 'right fit' selection for this position may be made from among qualified candidates who self-declare as being Persons with a disability or Aboriginal peoples.

Conditions of employment

Reliability Status security clearance

Other information

Applicants must clearly demonstrate using concrete examples, how they meet the education and experience factors listed under the essential qualifications, as well as any of the asset qualifications that are applicable. Applicants must provide concrete examples that illustrate how they meet the requirement, as well as time lines of when this experience was gained (please indicate month and year).

Internal indeterminate employees of OSFI at the same group and level or equivalent may be considered for deployment or assignment before considering applicants in the advertised appointment process.

Reference checks may be conducted.

Your application may be used to assess written communication.

OSFI is a separate agency with its own classification and compensation system. OSFI's staffing is subject to the Public Service Employment Act (PSEA).

It is the responsibility of the candidate to ensure that accurate contact information is provided and updated as required.

The client organization will accept applications on-line only. All job applications must therefore be submitted through the Public Service Resourcing System. To submit an application on-line, please select the button 'Apply online' below. Persons with disabilities preventing them from applying on-line are asked to contact 1-800-645-5605.

Applicants with disabilities: If you request special accommodation at any stage in the selection process, including technical aid to ensure an equitable assessment of your qualifications, please inform us by sending an e-mail to the following address .

To submit an application online, please click on the button "Apply Online" below.

The Public Service of Canada is committed to building a skilled, diverse workforce reflective of Canadian society. As a result, it promotes employment equity and encourages candidates to indicate voluntarily on their application if they are a woman, an Aboriginal person, a person with a disability or a member of a visible minority group.

The Public Service of Canada is also committed to developing inclusive, barrier-free selection processes and work environments. If contacted in relation to a job opportunity or testing, you should advise the Public Service Commission or the departmental official in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner. Information received relating to accommodation measures will be addressed confidentially.

Preference

Preference will be given to veterans and to Canadian citizens, in that order.

Information on the preference to veterans

We thank all those who apply. Only those selected for further consideration will be contacted.