Analyst / Principal Analyst / Financial Analyst - Inventory

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

When you apply to this selection process, you are not applying for a specific job, but to an inventory for future vacancies. As positions become available, applicants who meet the qualifications may be contacted for further assessment.

When you apply to an inventory you are submitting only one job application for the opportunity to be considered for various positions across the Strategy, Risk & Governance (SRG) Sector. You are not applying for one specific position, but to an inventory of applicants to be considered for current and future vacancies. As positions become available, applicants who meet the criteria selected for assessment will be assessed further. The criteria selected for assessment will be based on the needs of the position(s) to be staffed.

We are looking to recruit an eager and diverse workforce at different groups and levels for the following teams:
• Corporate Planning
• Enterprise Risk Management
• Horizon Risk Surveillance
• Industry Surveillance
• Risk & Data Analytics
• Risk Quantification
• Strategic Governance Office

POSITION LOCATION:

This process will be used to staff various positions located in Toronto and Ottawa; however, the successful candidate may work from one of the OSFI offices across Canada (Toronto, Montreal, Ottawa, or Vancouver).

A flexible work arrangement can be established to allow for a combination of telework (work from home or a remote location within Canada outside of the traditional office) and onsite office work (the designated worksite or another OSFI office). While there is flexibility to report to an OSFI office (Toronto, Ottawa, Montreal, Vancouver) that is closest to your regular telework location, you may also be required to report into and work onsite from your designated worksite from time to time at management’s request.

EMPLOYMENT EQUITY:
OSFI is committed to achieving a representative workforce that reflects the diversity of the Canadian population. We are dedicated to building and promoting a diverse, equitable and inclusive workforce, representative of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio-economic background or lived experience. By embracing diversity and inclusion, our department ensures broader discussions, better decisions, and a more positive workplace.

We invite you to be part of the change by joining an organization where individual differences are recognized, valued and respected. We welcome all candidates to apply and strongly encourage candidates to self-declare if they belong to an Employment Equity designated group: Aboriginal Peoples and/or Persons with Disabilities.

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 or more of the following designated employment equity groups (Persons with a disability and/or Aboriginal peoples).

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

Work environment

Our Role:
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. In fulfilling its mandate, OSFI supports the government's objective of contributing to public confidence in the Canadian financial system.
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. We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful and diverse workplace. All employees are encouraged and welcome to join the following networks and participate in their activities and events.
• Diversity of Thought
• Family Responsibilities
• Gender
• LGBTQ2IS
• Mental Health and Accessibility
• Multiculturalism (Affinity Groups: Indigenous, Asian, Black)
• Unconscious Bias
Hear about our people 👉 https://youtu.be/diUspmpYWQI

Our Rewards:
💵 Compensation: OSFI offers a competitive salary, and employees may be eligible for in-range increases and economic adjustments. Salaries are based on qualifications, experience and knowledge. The Public Service Pension Plan is a defined benefit pension plan (indexed for inflation), where both the employer and the employee contribute.

💰 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 while achieving balance between work and homelife.

📖 Learning and Development: OSFI offers career advancement opportunities and encourages innovative thinking in its work environment. Employees may be reimbursed for relevant professional association membership fees.

Intent of the process

The intent of this process is to establish an Employment Equity Inventory targeted to individuals who self-declare as an Aboriginal person and/or a person with a disability.

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.

Applicants included in the inventory may be randomly pulled for review based on screening criteria. Management can decide to access applications at any point, so please ensure you submit your application as soon as possible.

Positions to be filled: Number to be determined

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 OR an acceptable combination of relevant professional industry experience and education.

Degree equivalency

ESSENTIAL EXPERIENCE:
• Experience in supervising financially regulated institutions OR Experience with a risk focus in one or more* of the following areas:
o Risk Management
o Finance
o Corporate Governance
o Compliance
o Audit
o Commercial and/or Retail Credit
o Underwriting
o Strategic Planning
o Financial Analysis
o Business Model Analysis
o Data Analytics

*NOTE: Please ensure that you provide details on each area that you have experience in.

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

Various language requirements
• English Essential
• Bilingual Imperative (CBC/CBC)
• Bilingual Imperative (BBB/BBB)

Information on language requirements

ESSENTIAL KNOWLEDGE:
• Knowledge of emerging trends and issues in the Canadian financial system.
• Knowledge of OSFI’s mandate, objectives and priorities.

ESSENTIAL COMPETENCIES:
• Collaboration
• Critical Thinking
• Interpersonal Communication
• Results Orientation

ESSENTIAL ABILITIES:
• Ability to communicate effectively in writing.
• Ability to communicate effectively verbally.

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

ASSET QUALIFICATIONS:
Asset qualifications are nice to have, but not essential to apply to the process. If you have any asset qualifications, be sure to include them in your application. Asset qualifications, such as experience, competencies, abilities and knowledge will vary depending on the position being staffed.

ASSET EDUCATION:
• A relevant graduate degree from a post-secondary institution.
• A relevant professional designation (e.g., CPA, CFA, FRM, CMA, CERA, FCIA)
• Recognized advanced training relevant to the business and/or risk management activities.

Degree equivalency

ASSET EXPERIENCE:
• Experience within the financial services industry evaluating risk management practices.
• Experience in liaising with and making presentations to Senior Management.
• Experience in leading/managing teams/projects.
• Experience in developing and implementing organizational policies and procedures.
• Experience in multi-stakeholder consultations and facilitation.
• Experience in data and analytics including business information tools (such as Power BI, Tableau for visualization, or Excel) for the analysis and assessment of one or more of the following: Credit, Liquidity, Market, Insurance, Operational risk, or Capital.
• Experience in leading the development and implementation of Information and Data Governance/Management programs.
• Experience in project management and business analysis, specifically in developing and executing multi-year business plans.

ASSET KNOWLEDGE:
• Knowledge of governance and risk management practices.
• Knowledge of the performance indicators in the financial sector.
• Knowledge of mathematical concepts and analytics used to measure risk in credit or market risk models.
• Knowledge of regulatory returns.
• Knowledge of data science analytic techniques (modeling, machine learning and artificial intelligence applications).
• and/or cyber risk as they relate to the financial services sector.
• Knowledge of regulatory technology and supervisory technology.
• Knowledge of business planning fundamentals.
• Knowledge of OSFI’s role in the supervision of the Canadian Financial System.

ASSET COMPETENCIES:
• Innovation
• Growth and Development

ORGANIZATIONAL NEEDS:
OSFI is committed to having a skilled and diverse workforce representative of the Canadian population. In order to meet our employment equity objectives, selection for this position may be made from among qualified candidates who self-declare as belonging to one or more of the following Employment Equity groups: Persons with a disability or Aboriginal people. OSFI is committed to diversity and inclusion, and we strongly encourage candidates to self-declare if they belong to one of these designated employment equity groups.

OPERATIONAL REQUIREMENTS:
• Ability and willingness to work overtime as required.
• Ability and willingness to travel within Canada when required.

Conditions of employment

CONDITIONS OF EMPLOYMENT:
• Security – Reliability Status
• In our hybrid workplace environment, the ability to work remotely from home within Canada with access to the Internet in one’s residence is a condition of employment.

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

For external processes (as indicated by the abbreviation “EA” in the selection process number), only those selected for further consideration will be contacted.

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 ability to communicate effectively in writing may be assessed using the candidate's application, as well as through the evaluation process.

Assessments (such as written exams, interviews and reference checks) may be conducted virtually through email, telephone and/or videoconference.

Candidates must meet all of the essential qualifications to be appointed; however, one or more asset criteria may be invoked at any stage of the process.

Depending on the number of applicants, volume management strategies such as random selection, top-down approach and/or establishing cut-off scores to determine who will continue in the staffing process, may be used for the purpose of managing applications. Please note that although you may attain the established pass mark on any of the assessments used in this staffing process, management may decide to use a higher cut off score.

Eligible candidates may be considered and offered a deployment or interchange before considering other applicants.

An acting appointment requires approval of your supervisor. You are encouraged to discuss with your manager your intent to apply to this role.

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.

Email correspondence will be used as the main method of communication with candidates for this selection process, please ensure it accepts messages from unknown users. Please note that you need to provide valid and updated contact information.

All job applications must be submitted through the Government of Canada public service jobs website. Do not email or mail hard copy documents as these will not be accepted. To submit an application online, please click on the "apply now" button. Persons without Internet access may also review jobs open to the public through INFOTEL at 1-800-645-5605.

If you have a limitation that may impact your performance at any step 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 inform us by sending an e-mail to the following address: . All information received in relation to accommodation will be kept confidential.

Preference

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.