Director, Deposit Taking Supervision Sector

Important messages

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Assessment accommodation

Duties

The Deposit Taking Supervision Sector (DTSS) is seeking a highly motivated individual to join their Montreal team in the role of Director. Director positions are responsible for leading teams of Managers and Senior Supervisors involved in the prudential supervision of deposit-taking institutions.

The Director provides leadership, direction and oversight to the planning and execution of risk assessment work associated with OSFI’s regulatory mandate. The Director plans and directs the application of OSFI’s supervision mandate within designated FRFI(s), leveraging internal resources, including resources within OSFI’s supervision specialists and risk support groups, and ensures the appropriate levels and intensity of consolidated, integrated and effective risk assessments.

The Director is responsible for the development and maintenance of strategic, senior-level relationships within the designated FRFI(s), and may be called upon to represent OSFI in a variety of external fora related to supervision matters in this context and environment.

Leading, developing, and coaching staff are key responsibilities of these positions.

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 appointment process is to staff one indeterminate position with a language requirement of bilingual imperative CCC/CCC.

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)

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

* The term “degree” refers to a bachelor’s or a higher level degree, as established by educational authorities.

Degree equivalency

EXPERIENCE:
- Recent* and significant** working experience in the following areas:
i. Risk management (operational, credit or market), internal audit, finance, in a federally or provincially regulated deposit-taking institution, and/or
ii. Supervision of federally or provincially regulated deposit-taking institutions, in a government body that directly deals with the prudential supervision and regulation of these institutions and/or
iii. Leading audits of federally or provincially regulated deposit-taking institutions, in an external audit firm.
- Experience managing human and financial resources.
- Significant** experience in preparing and delivering presentations and/or conveying issues to senior management*** and/or board of directors.

* The term “recent” is defined as in the past ten (10) years.** Significant experience will be evaluated in terms of the amount, complexity and diversity of work handled, which would normally be acquired over a period of seven (7) years.
*** Executive level.

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

ASSET EDUCATION:
- A relevant professional designation (e.g. CPA, CFA, FRM).
- A Master’s degree in a relevant specialty.
- Advanced training in a relevant specialty.

Degree equivalency

ASSET EXPERIENCE:
- Experience managing projects.
- Experience in implementing organizational changes.

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:
- In-depth knowledge and understanding of current and emerging risks and business trends in the financial services industry.
- Knowledge of the performance indicators and/or regulatory metrics common to the banking sector and the information and techniques used in their measurement and management.
- Strong knowledge of governance, the risk management and internal control practices currently employed in financial institutions.

COMPETENCIES:
- Impact and influence
- Building business relationships
- Team Leadership
- Change Leadership
- 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 KNOWLEDGE:
- Knowledge of the Basel II and Basel III requirements.
- Knowledge of the regulatory environment of financial institutions in Canada.

ASSET COMPETENCIES:
- 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.

OPERATIONAL REQUIREMENTS:
- Willingness to travel, mainly within Canada.

Conditions of employment

Reliability Status security clearance

Consent to the possibility of being deployed to another equivalent REX position at OSFI

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

In order for your application to be considered, you must submit a completed questionnaire. You will be required to demonstrate how you meet the education and experience criteria (essential and asset) for the initial screening, in answering online screening questions. It is NOT sufficient to only state that the qualifications are met or to provide a listing of current or past responsibilities. Rather, you must clearly demonstrate HOW, WHEN and WHERE the qualification was met through substantiation by examples. Information on your described education and experience provided in the screening questions should be supported by your résumé. Please note that your ability to communicate effectively in writing will be assessed throughout the application. Therefore, we recommend you use complete sentences where appropriate. Failure to provide the above information in the format required may result in your application being rejected from the process.

A written examination will be administered.

An interview will be administered.

Reference checks may 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, operational requirements, and organizational needs may be applied at the time of staffing. 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 Public Service Resourcing System (PSRS). Do not fax or mail hard copy documents as these will not be accepted. To submit an application online, please click on the button "apply now".

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: .

As a Separate Agency, the Office of the Superintendent of Financial Institutions (OSFI) appoints employees in accordance with the Public Service Employment Act (PSEA). OSFI is named in Schedule V of the Financial Administration Act (FAA) 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.

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.