Manager, Supervision Sector (Banking)

Important messages

You will be invited to clearly demonstrate how you meet each of the screening criteria by answering the questions in the Screening Questions section of the application. This may take more time than expected, please think about saving your information regularly to keep from losing your work.

When providing your answers you must include concrete examples to illustrate how you meet each criterion identified in the questions.

When drafting your responses to the experience qualifications, please include WHERE, WHEN, and HOW the qualification is met, through substantiation by examples. Information on your described education and experience provided in the screening questions should be supported by your résumé. Failure to provide the above information in the format required may result in your application being rejected from the process.

By providing the required information in the suggested format, you will ensure that the assessors are in a position to assess the depth, complexity and scope of your experience.

Asset Qualifications (Other Qualifications Section)

You must indicate "NO" if you do not have experience in performing a task listed in the section entitled "Other Qualifications". Responding “NO” to one or more of these non-essential experience questions will not result in the rejection of your application. If you answer “YES” to a non-essential experience question, you should provide information in the format mentioned above to ensure that the assessors are in a position to assess the depth, complexity and scope of your experience. This will ensure that you can be considered for a specific appointment where asset qualifications would be used.

Duties

As a support to the director for an assigned portfolio of financial institutions, this position is responsible for the day-to-day risk management analysis and direction of a team of professionals providing Prudential Supervisory activities to several deposit-taking institutions in accordance with OSFI’s Supervisory Framework. These activities assess the safety and soundness of banking/deposit-taking institutions with the primary mission to safeguard depositors and policy holders from undue loss. This includes:
- Review and provide timely input into the assigned FRFIs’ key risk areas, such as business, credit, market, IT risks, etc.;
- Operationalize day-to-day Supervisory activities associated with the assigned FRFI (e.g. planning and executing the risk assessments; analysing and assessing of the financial condition, risk profile and risk management practices; reviewing and maintaining documentation; writing reports and making presentations to a range of stakeholders, including senior management; following up on all issues reported on;
- Contribute to OSFI banking-related policy development;
- Providing operational leadership to a small team of professionals in charge of the direct prudential supervision of a portfolio of deposit-taking institutions.

Developing, coaching, and leading staff is a key responsibility of this position.

The successful candidate will possess varied and solid experience in the financial services industry and an in-depth understanding of the related business and environmental indicators.

Intent of the process

The intent of this process is to staff two indeterminate positions.

A pool of qualified or partially qualified candidates may be created to staff similar positions with various tenures (indeterminate, term, acting, etc.), linguistic profiles (CBC/CBC, BBB/BBB, etc.) and/or security requirements (reliability, secret, etc.) within the Office of the Superintendent of Financial Institutions.

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)

EDUCATION
- Graduation with a Bachelor’s degree from a recognized university in commerce, accounting, business, finance, economics, mathematics, or in another speciality relevant to the position to be staffed

OR

- An acceptable professional designation (such as CFA, FRM, or another relevant designation)

Degree equivalency

EXPERIENCE
- Recent* and significant** experience working in the deposit-taking industry in at least one of the following areas:
o business and financial management
o risk management
o audit
o regulatory supervision of financial institutions

OR

- Recent* and significant** experience in identifying gaps in key risk, governance and risk management control practices in deposit-taking financial institutions including making recommendations for resolution

*Recent experience means performance of these duties in the last 5 years.

**Significant is understood to mean the depth and breadth of experience associated with the performance of the duties, taking into account the complexity and diversity of work handled, which would normally be acquired over a period of at least 3 years.

If you possess any of the following, your application must also clearly explain how you meet it (other qualifications)

ASSET EDUCATION
- Post-graduate degree in commerce, accounting, business, finance, economics, mathematics, or in another speciality relevant to the position to be staffed

Degree equivalency

ASSET EXPERIENCE
- Experience in a consulting role related to deposit-taking institutions
- Experience leading and managing teams of people

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

Bilingual - Imperative (CCC/CCC)

Information on language requirements

Second Language Writing Skills Self-Assessment
In order to help you decide if you should apply to a bilingual position, an optional self-assessment of your writing skills in your second official language is available for you to take before completing your application.

For more information, please consult:
Unsupervised Internet Test of Second Language Writing Skills

KNOWLEDGE
- Knowledge of governance and risk management practices currently employed in deposit-taking financial institutions
- Knowledge of current key risks in the deposit-taking industry
- Knowledge of the regulatory environment of deposit-taking institutions in Canada
- Knowledge of the financial, performance and risk indicators used in the deposit-taking industry

COMPETENCIES
- Critical Thinking
- Results orientation
- Change Leadership
- Impact and Influence
- Working as a Team

ABILITIES
- Ability to communicate effectively orally
- Ability to communicate effectively in writing

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

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.

OPERATIONAL REQUIREMENTS
- Willingness and ability to travel

Conditions of employment

Reliability Status security clearance

Other information

An interview will be administered.

An exam may be administered.

Reference checks will be sought.

Candidates invited to an interview will be required to bring proof of their education credentials, in the form of a diploma or official transcript (original documents only). Candidates with foreign credentials must provide proof of Canadian equivalency. Consult the Canadian Information Centre for International Credentials for further information at http://www.cicic.ca/.

Candidates must meet all of the essential qualifications to be appointed to a position. A candidate may be appointed to a position even though he/she does not meet any or all of the asset qualifications. However, meeting these criteria is desirable and may be a deciding factor in choosing the person to be appointed.

Depending on the requirements of the position(s) being staffed from this process, for current or future vacancies, any or all of the asset qualifications may be applied at any time during the staffing process, including screening. Candidates may be contacted and assessed against these criteria at any time during this process.

Achieving a representative workforce has been identified as an organizational need and may be applied in 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.

A top down selection of candidates may be used in the determination of those to be given further consideration in the assessment process.

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.

For this selection process, our intention is to communicate with applicants by e-mail (including sending invitations for written tests and interviews). Applicants who apply to this selection process must include in their application a valid e-mail address and make sure this address is functional at all times and accepts messages from unknown users.

All job applications must be submitted through the Government of Canada public service jobs website. Do not email, fax, or mail hard copy documents as these will not be accepted. To submit an application online, please click on the "apply now" button.

If you do not have Internet access in your home or through friends, relatives or neighbours, here are some suggested locations: campus career centers, libraries, community centers, Internet cafés and Services Canada. You may also call 1-800-O-Canada (1-800-622-6232), or TTY 1-800-926-9105, for information on the nearest public Internet access locations.

Persons with a disability preventing them from applying on-line are asked to contact 1-800-645-5605.

Applicants with disabilities: If you require 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: .

OSFI’s Montreal office is located is in the Old Port. It is within walking distance to the Square Victoria station.

As a Separate Agency, the Office of the Superintendent of Financial Institutions (OSFI) appoints employees in accordance with the Public Service Employment Act. OSFI is named in Schedule V of the Financial Administration Act and it offers the same pension and benefits plans as the core Federal Public Service. In addition to this, OSFI employees obtain a minimum of 4 weeks of vacation leave per year, earn a competitive salary, and are eligible for an annual performance bonus.

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.