Senior Supervisor (RE-05), Risk Measurement and Analytics Assessment Services

Important messages

We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request special accommodation. All information received in relation to accommodation will be kept confidential.

Information on accommodation for persons with disabilities

Duties

The Senior Supervisor position is part of the analytics team responsible for assessing the appropriateness of institutions’ applications to use and/or modify risk models for the calculation of regulatory capital. Responsibilities also include liaising with Supervision teams as well as providing advice on risk measurement, risk analytics, and modelling practice issues to internal and external stakeholders 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: 1

Information you must provide

Your résumé.

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 mathematics, statistics, finance, economics or other discipline with a large dependence on quantitative subjects OR an acceptable combination of education, experience and/or training.

Degree equivalency

ESSENTIAL EXPERIENCE
● Experience working in the financial services industry* or experience in supervising, examining or auditing financial institutions.
● Experience in risk measurement, model development or model validation, in the financial services industry* in one or more of the following areas: credit risk, market risk, operational risk and/or counterparty credit risk.
* Financial services industry 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, or other relevant areas.

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

English essential

Information on language requirements

ESSENTIAL KNOWLEDGE
● Knowledge of mathematical concepts and measures of risk used in the financial industry.
● Knowledge of complex financial products and associated modelling practices.

ESSENTIAL COMPETENCIES
● Critical Thinking
● Developing Myself
● Impact & Influence
● Results Orientation
● 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
● Graduate degree in mathematics, statistics, economics or other relevant discipline.
● A relevant professional designation.

Degree equivalency

ASSET EXPERIENCE
● Experience in critiquing risk management practices and identifying key risk areas in institutions.

ASSET KNOWLEDGE
● Knowledge of the development, validation, vetting and/or approval of regulatory capital models.
● Knowledge of risk measurement and management practices relating to stress testing and/or economic capital.
● Knowledge of wholesale or retail credit products and associated risk models.
● Knowledge of mathematical concepts and measures of risk used in the financial industry with respect to credit risk.
● Knowledge of mathematical concepts and measures of risk used in the financial industry with respect to counterparty credit risk.
● Knowledge of mathematical concepts and measures of risk used in the financial industry with respect to operational risk.
● Knowledge of mathematical concepts and measures of risk used in the financial industry with respect to market risk.
● Knowledge of scripting (Python), statistical packages (R, SAS) or object oriented languages (Java, CP++).
● Knowledge of machine learning techniques.

ASSET COMPETENCIES
● Professional Judgment
● Collaboration

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

The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the targeted groups when you apply.

Information on employment equity

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 .

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.