Credit Risk Analyst (RE-05)/ Manager (RE-06), Credit Risk Division

Important messages

***WORK LOCATION:
*Monitoring positions: Toronto-based position. Candidates are required to work in the Toronto office.
*Review positions: Toronto-based position. There is a possibility that the successful candidate may be able to work remotely from one of the OSFI offices across Canada; the one closest to their place of residence. Working remotely will require travel to Toronto.

Duties

The Credit Risk Division is looking for highly motivated individuals in the positions of Manager and Credit Risk Analyst for the Review and Monitoring teams. The Credit Risk Division undertakes assessments of the credit exposures and related risk management practices of federally regulated financial institutions.

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: 3

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 or other relevant field OR an acceptable combination of education and experience.

Degree equivalency

ESSENTIAL EXPERIENCE
● Recent, significant and progressive experience in the financial services industry*, in one or more of the following areas:
o Credit risk management
o Credit adjudication, operating with a delegated lending authority
o Transaction structuring
o Credit risk identification and assessing credit risk management practices in an Internal Audit or similar function.

*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 (dealing with audits), 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
● Knowledge of current and/or emerging credit related issues or trends.
● Knowledge of performance indicators in the banking sector and the information and techniques used in their measurement and management.

ESSENTIAL COMPETENCIES
● Collaboration
● Professional Judgment
● Impact and Influence
● Critical Thinking
● 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.
● CPA, CFA or other relevant professional designation.

Degree equivalency

ASSET EXPERIENCE
● Experience in one or more of the following areas: commercial lending, corporate lending, capital markets, or special/problem account management.
● Experience in project management.
● Significant experience in critiquing risk management practices and identifying key risk areas in institutions.

ASSET KNOWLEDGE
● Knowledge of OSFI’s supervisory framework and supervisory practices.
● Knowledge of risk and portfolio management processes.
● Knowledge of Advanced Internal Ratings-Based approach to credit risk.

ASSET COMPETENCIES
● Impact & Influence
● Innovation
● Working as a Team

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
● Some travel may be required.

Conditions of employment

Reliability Status security clearance

Other information

For this selection process, it is our intention to communicate with candidates via email. Candidates must include a valid email address in their application. It is the candidate’s responsibility to ensure accurate information is provided and updated as required. As a result you must update your personal information on your Public Service Resourcing System profile if it changes.

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).

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 .

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.