Managing Director (REX-08), Culture & Conduct Risk Division

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 specialized accommodation. All information received in relation to accommodation will be kept confidential.

Assessment accommodation

Duties

The purpose of this position is to lead and manage OSFI’s supervisory work in its assessment of culture and conduct risk practices, governance, and regulatory compliance at federally regulated financial institutions (FRFIs). The Managing Director contributes to OSFI’s overall mission of safeguarding depositors and policyholders from undue loss and contributes to OSFI’s public confidence in a competitive financial system. The responsibility includes ensuring that an expert level of knowledge is maintained within OSFI, and hence the ongoing training and development of staff, as appropriate.

Work environment

Who we are:
The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada, established in 1987 to contribute to the safety and soundness of the Canadian financial system. OSFI supervises and regulates federally registered banks and insurers, trust and loan companies, as well as private pension plans subject to federal oversight.

Risk Support Sector:
The Risk Support Sector is a cross-industry function within OSFI that evaluates specific aspects of risk management capability within federally regulated financial institutions (FRFIs). The sector’s horizontal perspective on risk informs the development of supervisory risk assessments and regulatory expectations for Canada.

What we Offer:
OSFI is a separate agency that offers an opportunity to directly contribute to the health and safety of the Canadian Economy. People are the foundation of our organisation. You will become part of a diverse community that acknowledges everyone has varied experience in an environment where communication and teamwork amplify our effectiveness. Working at OSFI offers the following:

Mandate:
The work you do at OSFI matters. Your efforts contribute to the safety and soundness of the Canadian Financial Sector. A strong financial sector promotes competition, and benefits all Canadians.

Learning & Development:
Our organisation understands that ongoing learning and development is critical and necessary, and must evolve with developments in the Financial Sector. Learning and Development is a component of our Human Capital Strategy.

Community & Culture:
We strive to create a working environment that allows employees to work to their fullest potential. We strive to promote employee wellbeing, including a focus on balancing work and personal needs. Where available, we offer opportunities for flexible working arrangements.

Benefits:
As a Federal Government Agency, OSFI offers a number of competitive benefits to its employees, including a Defined Benefit Pension Plan, maternity and parental leave benefits, vacation (4 weeks), personal and family leave days. OSFI is a separate agency that offers a competitive salary and eligibility for performance pay annually.

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 degree from a post secondary institution with specialization in behavioural science organizational behaviour, behavioural economics, industrial/organizational psychology or other relevant field OR an acceptable combination of education, experience and/or training.

Degree equivalency

ESSENTIAL EXPERIENCE
• Significant experience at the senior management level developing, managing, assessing or implementing policies and/or frameworks related to organizational behaviour management (e.g. culture and conduct risk).
• Significant experience in developing, managing and leading teams of people.
• Extensive experience in presenting policy recommendations to senior executives.
• Experience in consulting and collaborating with executive level stakeholders.

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 theories and decision-making processes related to the assessment and management of industrial/organizational behaviour with respect to culture and conduct risk.
• Knowledge of change management practices.
• Knowledge of the role of OSFI in the Financial Services Industry.

ESSENTIAL COMPETENCIES
• Change Leadership
• Developing Others
• Impact and Influence
• Professional Judgement
• Excellent Oral Communication Skills

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

In addition to the Essential Qualifications identified above, please provide details if you possess one or more of the following Asset Education and Asset Experience criteria identified below.

ASSET EDUCATION
• A relevant post-graduate degree and/or a relevant professional designation.

Degree equivalency

ASSET EXPERIENCE
You may be required to meet a combination of any of these asset experience criteria:

• Recent and significant experience at the senior management level developing, managing, assessing or implementing policies and/or frameworks in culture and conduct risk in the Financial services industry*.
• Recent and significant experience at the senior management level developing, managing, assessing or implementing policies and/or frameworks in organizational behaviour management in the Financial services industry*.
• Experience in reviewing and critiquing corporate culture and conduct risk practices.
• Significant experience in dealing with Board of Directors or Board members of institutions, or senior management of Federally Regulated Financial Institutions, particularly in challenging/difficult situations.
• Significant experience dealing with complex risk management issues requiring extensive analysis, policy development and development of recommendations and solutions in culture and conduct risk.
• Significant experience in managing projects and leading a team.

*Financial services industry includes 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.

ASSET KNOWLEDGE
• Knowledge of the Supervisory Framework, and associated acts, regulations and guidelines.

ASSET COMPETENCIES
• Excellent Written Communication Skills
• Critical Thinking
• Building Business Relationships
• 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 will be required.

Conditions of employment

Reliability Status security clearance

Agreement to be deployed into another REX position within OSFI at the same level.

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 designated groups when you apply.

Information on employment equity

Internal employees of OSFI at the same group and level may be considered and offered a deployment or assignment before considering other applicants.

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.

RESUMES:
Applicants must clearly demonstrate using sufficient details, how they meet the education and experience factors listed under the essential qualifications, as well as any of the asset qualifications that are applicable, including timelines of when this experience was gained (please indicate month and year). Lack of DETAILS may result in your application being rejected as the Assessment Board may have insufficient information to determine whether you meet the qualifications.

SCREENING QUESTIONS (if applicable):
It is the responsibility of the candidate to clearly outline that they meet each of the screening criteria (i.e. Education and Experience Qualifications, both Essential and Assets) by RESPONDING TO THE SCREENING QUESTIONS IN THE ONLINE APPLICATION. Please note that it is not sufficient to only state that the requirement is met or to provide a listing of current responsibilities, rather the candidate must provide concrete examples that illustrate how they meet the requirement. Your resume will be used to validate the answers provided; therefore, it should also contain sufficient details regarding your education and experience.

REFERENCE CHECKS/PERFORMANCE REVIEWS:
As part of the assessment, reference checks may be sought and candidates may be required to submit their performance reviews. For internal candidates of the Public Service, the Assessment Committee reserves the right to contact the internal candidates’ current manager(s).

Your application may be used to assess written communication.

Management may choose to invoke an asset(s) at any point of the process.
An assignment/secondment or an acting appointment requires approval of your supervisor.

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 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 .

Preference

Preference will be given to veterans and to Canadian citizens, in that order, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first.

Information on the preference to veterans

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