Reference Number
SIF23J-072300-000035
Selection Process Number
22-23-SIF-EA-9197
Organization
Office of the Superintendent of Financial Institutions Canada
Year
2022-2023
Days Open
20
Classification
FI04, RE06
City
MULTIPLE
Type
External
Total
97
Employment Equity
68
(70.1%)
Screened out
47
(48.5%)
Screened in
50
(51.5%)
Employment Equity 70.1% 68
Screened Out 48.5% 47
Screened In 51.5% 50
Women 38.1% 37
Visible minority 53.6% 52
Indigenous 0% 0
People with disabilities 6.2% 6
English 88.7% 86
French 11.3% 11
Citizens 46.4% 45
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.
POSITION LOCATION / WORK ARRANGEMENT:
OSFI believes in offering employees flexibility and in creating a workplace that is productive, engaging, collaborative, and inclusive, all the while being supportive of employees’ wellbeing. As such, OSFI is experimenting with a hybrid work model (a combination of telework and onsite work) that will shape how we use our physical workplace to establish new norms, ways of collaborating, and working together and will adjust its model based on lessons learned.
This position is located in Toronto; however, the successful candidate may work from one of the OSFI offices across Canada – Toronto, Ottawa, Montreal or Vancouver, as agreed with their manager.
OSFI’s hybrid model promotes a workplace in which, on any given day, there is a mixture of employees teleworking from alternative places within Canada, working onsite at their designated position location or from another OSFI office. We encourage candidates who want to work in one of OSFI’s offices to apply.
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, Persons with Disabilities, Women or Visible Minorities (Black people and other racialized groups).
*The term “Aboriginal” is used within this job advertisement as it relates to the Employment Equity Act and other legislative frameworks. The term “Indigenous” is used where possible, in alignment with the United Nations Declaration on the Rights of Indigenous Peoples.
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 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 Manager will play an important role within the Culture and Compliance Risk Division (CCRD) at OSFI. These positions will provide technical expertise and operational support to enable the analysis of non-financial risk data. Leveraging a mix analytics, math and modeling skillsets, and in collaboration with key stakeholders across the organization, the Manager will:
- Develop Non-Financial Risk (NFR) data models to determine risk profiles and/or risk rating for the various NFR risk categories.
- Lead and/or manage staff directly or indirectly as part of data initiatives.
- Collaborate with NFRG colleagues to solve problems and transform complex data into actionable insights;
- Understand colleagues’ business cases and data analytic needs, perform requirements analysis, and advise on and develop models/metrics/solutions for the business problem;
- Clean, process, transform and explore structured and unstructured data to produce actionable insights;
- Automate or redesign manual processes to optimize data delivery;
- Design, develop and validate advanced analytics, natural language processing and machine learning tools to derive business insights from data and information;
- Collaborate with other OSFI teams (e.g. Risk and Data Analytics; IM/IT) to conduct UAT and deliver solutions;
- Develop and monitor key risk indicators and use analytics to identify trends and emerging risks;
- Use data visualization and communication techniques to support storytelling and ensure meaningful insights are delivered to stakeholders;
- Provide status updates, presentations and recommendations (e.g. using Power BI and other tools) to both technical and non-technical audiences, and respond to enquiries from management; and
- Manage competing priorities simultaneously and drive projects to completion.
This is an exciting opportunity to join a critical division within OSFI, which is seeking to enhance its ability to use data and analytics to identify, measure and monitor non-financial risks. If you are a passionate data and analytics practitioner looking to make an impact through innovation and technology – please apply!
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
• 2SLGBTQIA+
• 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.
The immediate need is to staff one position with a language requirement of (English Essential) on an indeterminate basis.
A pool of qualified or partially qualified candidates may be created to staff similar or identical positions with various linguistic profiles and requirements, security requirements and/or various tenures within the Office of the Superintendent of Financial Institutions (OSFI), 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 statistics, mathematics, data science, computer science, engineering, business, economics or other relevant field OR an acceptable combination of relevant professional industry experience and education.
ESSENTIAL EXPERIENCE
- Recent and significant experience in database development, data management and data analysis (including validation, cleaning, categorizing, forecasting, visualization)
- Recent and significant experience building and deploying advanced analytics & data science models and applications
- Recent and significant experience using a scripting language such as Python or R for data preparation, machine learning, and data visualization
ASSET EDUCATION
- A relevant graduate degree from a post-secondary institution
- A relevant professional designation
ASSET EXPERIENCE
- Experience with natural language processing and/or natural language generation.
- Experience working with cloud technologies such as Azure Synapse Analytics, Azure ML Studio, Azure DevOps.
- Experience in independent model validation and/or peer reviews.
- Experience working with multiple data science languages and platforms
- Experience with Power BI (intermediate to advanced)
- Experience with project management
- Experience with mining large volumes of data.
- Experience developing automated workflows for advanced models
- Experience with undertaking research and analysis to produce reports to Senior Management summarizing findings
- Experience working in the financial services sector*
* 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, and insurance companies (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.
English essential
Information on language requirements
ESSENTIAL KNOWLEDGE
- Knowledge of data management processes and best practices
- Knowledge of model design and validation practices
- Knowledge of advanced analytics, machine learning or data science methodologies and toolkits
- Knowledge of BI reporting platforms, and one analytics scripting language such as Python or R
ESSENTIAL COMPETENCIES
- Leading People
- Inclusion
- Collaboration
- Interpersonal Communication
- Innovation
- Results Orientation
ESSENTIAL ABILITIES
- Ability to communicate effectively in writing
- Ability to communicate effectively verbally
ASSET KNOWLEDGE
- Knowledge of how to apply multiple advanced analytical languages and platforms to produce data-driven, analytical insights which are actionable
- Knowledge of statistical techniques to perform exploratory data analysis and identify important relationships between variables
- Knowledge of cloud-based and web-based software development practices and associated programming languages such as JavaScript, Java, PHP, Node.js, or JSON
- Knowledge of financial sector, financial regulation and/or financial risk management
- Knowledge of legal and ethical considerations relating to the management of large, confidential data sets and related analytics
ASSET COMPETENCIES
- Growth and Development
- Critical Thinking
- Transparency
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 of the following Employment Equity groups: Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women. 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 REQUIREMENT
- Ability and willingness to travel within Canada when required.
Reliability Status security clearance
CONDITIONS OF EMPLOYMENT
- 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.
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.
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 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.