Reference Number
SIF22J-038610-000027
Selection Process Number
22/23-SIF-EA-8050
Organization
Office of the Superintendent of Financial Institutions Canada
Year
2022-2023
Days Open
14
Classification
REREX09
City
MULTIPLE
Type
External
Total
71
Employment Equity
46
(64.8%)
Screened out
6
(8.5%)
Screened in
65
(91.5%)
Employment Equity 64.8% 46
Screened Out 8.5% 6
Screened In 91.5% 65
Women 32.4% 23
Visible minority 43.7% 31
Indigenous 0% 0
People with disabilities 8.5% 6
English 76.1% 54
French 23.9% 17
Citizens 87.3% 62
Permanent Residents 0% 0
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.
If you have a limitation that may impact your performance at any steps of the assessment process (such as submitting the application, written test or an interview), you may request an accommodation. Assessment accommodations are designed to remove barriers, and to ensure that candidates with limitations can fully demonstrate their abilities. Should you wish to be accommodated, please direct your inquiry to the contact identified at the bottom of this poster. All information received in relation to accommodation will be kept confidential.
VACCINATION REQUIREMENT:
On October 6, 2021, the Government of Canada announced details of its plans to require vaccination across the federal public service:
• https://www.canada.ca/en/treasury-board-secretariat/news/2021/10/backgrounder-covid-19-vaccine-requirement-for-the-federal-workforce.html
As per OSFI’s Policy on COVID-19 Vaccination, employees must attest to their vaccination status. The requirement for employees to be fully vaccinated applies whether they are teleworking, working remotely or working on-site. This is a condition of employment and it applies to indeterminate (permanent), determinate (term), casual, and student hiring. Should you reach the point in the selection process where it is necessary to verify terms and conditions of employment, then a human resources representative will contact you in order to complete an attestation.
POSITION LOCATION:
This position is located in Toronto; however, the successful candidate may work from the Ottawa, Toronto, Montreal and Vancouver office.
As a result of the global pandemic, OSFI employees are currently working from home. Should the current telework environment no longer apply, and contingent on the operating model adopted by OSFI, you may be required to report into and work onsite from one of the following offices: Ottawa, Toronto, Montreal and Vancouver. As our telework arrangements are evolving, we encourage you to apply.
EMPLOYMENT EQUITY:
Achieving a representative and diverse workforce has been identified as an organizational need for OSFI and may be applied at any time during 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. As such, first consideration for an appointment may be given to candidates who self-declare as belonging to one of the four designated employment equity groups (Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women).
In order to self-declare, please ensure to check off the appropriate box within the online application under the Employment Equity section. We encourage you to consult theses links to learn more about employment equity and self-declaration:
• https://www.canada.ca/en/public-service-commission/jobs/services/gc-jobs/employment-equity.html
• https://www.canada.ca/en/public-service-commission/jobs/services/gc-jobs/applying-government-canada-jobs-how-to-apply.html#EE
The Senior Director is responsible for directing the vision, strategy, growth, resource management, and excellence of the Supervision Institute, including the development and institutionalization of supervisory capability, and related technical and behavioural training on methods, standards, and controls. The Institute is also responsible for building digital literacy across the sector as well as an incubator for supervision technologies (“Suptech”) in partnership with the Strategy, Risk and Governance sector.
Our Role:
The Office of the Superintendent of Financial Institutions (OSFI) is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition and meeting their requirements.
Learn more about us 👉 https://youtu.be/QO_3vnPKuZI
Our People and Culture:
People are the foundation of our organization. You will become part of a diverse community that acknowledges everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness.
Hear about our people 👉 https://youtu.be/diUspmpYWQI
Our Rewards:
💵 Compensation: OSFI offers a competitive salary. Employees may be eligible for in-range increases and economic adjustments. Salaries are based on qualifications, experience and knowledge. There is a defined benefits pension plan, where both the employer and the employee contribute. The Public Service Pension Plan is indexed for inflation.
💰 Performance Pay: OSFI employees are eligible for an annual bonus based on their performance throughout the year.
✈️ Vacation and Leave: OSFI employees start with 4 weeks of paid vacation, 2 personal days and 5 days of Family Related Leave with Pay among other various types of paid and unpaid leave.
💻 Flexible Work Arrangements: OSFI offers flexible work arrangements by providing support for compressed work week schedules, flexible work hours and teleworking, in order for employees to achieve their work objectives finding balance between your work and homelife.
📖 Learning and Development: We offer career advancement opportunities and encourage innovative thinking in our work environment. Employees at OSFI may be reimbursed for professional association membership fees.
Who You Are
You should possess the following attributes:
• You are an individual with a broad financial industry and risk management perspective.
• You have sound knowledge of the current and emerging risks in the financial services industry.
• You have strong interpersonal skills that enable you to work with people at all levels of an organization and can motivate others.
• You are proactive, enthusiastic, and have an innovative approach to work.
A pool of qualified or partially qualified candidates may be created to staff similar or identical positions with various linguistic profiles and requirements, security profiles and/or various tenures within the Office of the Superintendent of Financial Institutions, which may vary according to the position being staffed.
Positions to be filled: 1
Your résumé.
ESSENTIAL EDUCATION
• A degree from a post-secondary institution with specialization in business, commerce, finance, accounting or other relevant field OR an acceptable combination of relevant professional industry experience and education.
ESSENTIAL EXPERIENCE
• Significant supervisory or regulatory experience in a Financial Services Industry, including critiquing risk management practices and identifying key risk areas.
• Experience interfacing with internal and external stakeholders, including other regulatory agencies.
• Significant experience providing input on strategic issues or initiatives affecting the organization, to members of a senior management team.
• Demonstrated effective leadership experience, in leading a team of diversified professionals and technical specialists.
*Financial services industry experience is defined as experience working in one or more of the following areas: (a) financial institutions including banks, trust and loan companies, insurance companies and pension plans (b) firms dealing with audits or consulting engagements to such institutions (including reinsurance brokers) (c) technology and data companies providing services to financial institutions or linked to the delivery of financial services (d) government departments that directly deal with the supervision and regulation of these institutions (e) First Nation Institutions including: Band operations, trustees or administrators of pension plans, lending institutions or other related areas providing financial services (f) other relevant areas.
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 graduate degree from a post-secondary institution
• A degree or graduate degree from a post-secondary institution in education, training organizational psychology, human resources or other relevant field.
ASSET EXPERIENCE
You may be required to meet a combination of any of these asset experience criteria:
• Experience in organizing and executing training and development activities in a corporate environment
• Experience in a central support function (including Supervision Methods, Standards and Controls, formerly Common Supervisory Services) within financial sector regulation and/or supervision at OSFI.
• Significant experience as a member of a senior management team providing input into strategic issues affecting the organization.
Bilingual - Imperative (CBC/CBC)
Reading: C (advanced)
Writing: B (intermediate)
Oral: C (advanced)
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
ESSENTIAL KNOWLEDGE
• Knowledge of existing and emerging Canadian regulatory requirements, and international developments as they relate to supervisory methods, risk management, and risk assessment.
• Knowledge of current and emerging business and environmental trends/issues as they relate to the Canadian and International financial services industry.
• Knowledge of trends, developments and best practices in the learning and development field
ESSENTIAL COMPETENCIES
• Innovation
• Critical Thinking
• Leading People
• Inclusion
• Excellent Written Communication Skills
• Excellent Oral Communication Skills
ASSET KNOWLEDGE
• Knowledge of OSFI’s mandate, mission and values, and its legal and regulatory frameworks.
• Knowledge of the businesses, issues and challenges facing the financial services industry both domestic and global.
ASSET COMPETENCIES
• Collaboration
• Growth and Development
• Results Orientation
• Interpersonal Communication
ASSET ABILITIES
• Ability to deliver complex messages to various stakeholders in a constructive manner.
Reliability Status security clearance
• Security – Reliability
• In our current telework environment, the ability to work remotely from home within Canada with access to Internet in one’s residence is a condition of employment.
• All employees of the Office of the Superintendent of Financial Institutions (OSFI) are required to be fully vaccinated against COVID-19 unless accommodated based on a medical contraindication, religion, or another prohibited ground for discrimination as defined under the Canadian Human Rights Act.
• Agreement to be deployed into another REX position within OSFI at the same level.
• Willingness and ability to work overtime.
• Willingness and ability to travel, domestically and internationally.
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
OSFI is a separate agency with its own classification and compensation system. OSFI's staffing is subject to the Public Service Employment Act (PSEA).
Internal employees of OSFI at the same group and level may be considered and offered a deployment or assignment before considering other applicants.
An assignment/secondment or an acting appointment requires approval of your supervisor.
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.
Note that you should be ready to provide proof of your education credentials if requested as part of the staffing process.
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.
ASSESSMENT:
Your application may be used to assess written communication.
Assessments may be conducted virtually through email, telephone and/or videoconference. It is the candidate’s responsibility to ensure that their computer and mobile equipment is in working condition before starting an assessment.
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).
The following options may be used at any stage of the selection process in the determination of those to be given further consideration: random selection, top down selection, or meeting any asset qualifications.
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 without Internet access may also review jobs open to the public through INFOTEL at 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 will be given to veterans first and then to Canadian citizens and permanent residents, 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.