Senior Manager, Stress Testing (RE-07), DTSS

Duties

The Deposit Taking Supervision Sector, Central Team is seeking a Senior Manager, Stress Testing, to take a leadership role in the design and execution of stress test programs with federally-regulated financial institutions, implement future development of such programs at OSFI, as well as develop analysis and policy advice as pertains to the outcomes and results of stress testing exercises. The Senior Manager’s main responsibilities include implementing the strategic direction of the Macro Stress Test program, conducting highly technical quantitative analysis of stress test results and reporting to senior leaders.

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: 1

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
● A university degree with specialization in commerce, accounting, business, finance, economics, mathematics, actuarial science, computer science, or other relevant field OR an acceptable combination of education and experience.

Degree equivalency

ESSENTIAL EXPERIENCE
● Recent experience in financial services industry, including critiquing risk management practices and identifying key risk areas.

● Experience in undertaking stress testing programs, including conducting technical quantitative and qualitative analysis, in a regulatory environment or in the *financial services industry.

● Significant experience in presenting views, information, business or policy advice to senior-level decision makers.

* Financial services industry experience is defined as experience working in a financial institution, including banks, insurance companies, pension funds, wealth management firms, and accounting firms, as well as government departments that directly deal with the supervision and regulation of these institutions.

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

English essential

Information on language requirements

ESSENTIAL KNOWLEDGE
● Significant knowledge of stress testing practices and programs in either a regulatory or financial institution setting and interpretation of banks' stress test results.

● Significant knowledge of financial institutions' business activities, products, and services as well as performance indicators in the banking sector, and techniques used in their measurement and management.

ESSENTIAL COMPETENCIES
● Critical Thinking
● Building Business Relationships
● Professional Judgment
● Impact and Influence
● 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
● A post-graduate degree.

● A professional designation in accounting, actuarial science or financial analysis.

Degree equivalency

ASSET EXPERIENCE
● Recent experience in supervising financial institutions.

● Experience in project management.

● Experience in asset liability management/ strategic analysis and planning/ financial analysis/ compliance/ internal audit/ external audit/ credit risk/ capital management.

● Experience in the insurance, or wealth management industry.

● Experience in the capital markets trading business and/or experience in market risk analysis with a federally regulated institution.

● Experience in leading teams of people.

ASSET KNOWLEDGE
● Knowledge of financial institution supervisory or regulatory processes.

● Knowledge of the performance indicators in the insurance, or wealth management sector and the information and techniques used in their measurement and management.

● Knowledge of the current and emerging trends and associated risks in the insurance or wealth management industry.

● Comprehensive understanding of OSFI’s Supervisory Framework.

ASSET COMPETENCIES
● Developing myself
● Developing others

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.