Pensions Engagement Consultant

1 month ago

Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time
At FSRA, our vision is to ensure financial safety, fairness, and choice for Ontarians. As a financial services regulator, we're passionate about protecting consumers. Our principles-based approach means we can quickly and effectively respond to the changing needs of consumers and the industry.

Our team combines industry expertise with commitment to public service. We attract individuals who are interested in meaningful work and who measure success through outcomes, not inputs.

At FSRA, we invest in the personal and professional growth of our team. We offer a competitive compensation package that includes an employer-matched defined benefit pension plan, comprehensive and competitive benefits plan, a hybrid work model and flexible work arrangements. We prioritise learning and development, wellbeing, diversity, equity, inclusion and belonging, and community giving.

Join FSRA and help us shape the future of regulation for generations to come

Job Description:

*NOTE : This is a Fixed-Term role up to 1 year.

Purpose of Position

Accountable for supporting the implementation of the new FSRA Pensions engagement strategy with pension plan administrators and ensuring that plans are well governed, risk mitigation strategies are in place, and rights of plan beneficiaries are protected

Key Responsibilities
  • Works with the Director and colleagues to develop, implement and communicate new concepts, approaches, and best practices to drive the relationship management strategy as part of the development and implementation of measured, graduated, and proportionate action plans, on-site examinations, and regulatory responses in a risk-based manner for plans where there may be a concern with respect to the pension benefits and rights of pension plan beneficiaries.
  • Leads discussions with subject matter experts across the Pensions Function (e.g., Pension Operations, Investment Risk, Actuarial, Advisory Services) and other internal stakeholders (Legal, Finance) to obtain and compile a range of complex issues, findings, and related documents regarding plans at risk and distressed plans.
  • Prepares a holistic summary of findings and key issues and works with the Director in developing and executing strategies, plans and approaches to engagements; ensuring the preparation of documents for use at engagement meetings. .
  • Plans and participates on engagement activities including targeted reviews, onsite examinations, and teleconferences with actively monitored pension plans involving plan administrators, their advisors, and various stakeholders; prepares meeting summaries requiring further action post engagement.
  • Provides technical expertise related to the management, negotiation, and resolution of significant, complex and/or sensitive pension regulation issues and as part of the conduct of financial audits/examinations.
  • Provides technical expertise, advice and recommendations related to the development, implementation and evaluation of pension legislation, pension policies and guidelines for the regulation of pension plans registered with FSRA.
  • Prepares reports of results, challenges, and recommendations as part of ongoing feedback loop.
Qualifications

Education and Experience
  • Degree in business, finance, actuarial science, accounting, auditing, mathematics, or a related field or a professional designation.
  • ACIA (Associate, Canadian Institute of Actuaries), FCIA (Fellow, Canadian Institute of Actuaries), CFA, or CA designation would be an asset.
  • Minimum of 5 - 7 years' pension-related industry experience with understanding of the financial, actuarial, and operational aspects of pensions plans to provide a holistic approach to issues analysis and management.
  • Experience in managing pension plans in distress, companies in financial difficulty or similar recovery and restructuring situations.
  • Proven experience in the interpretation and application of provincial and federal pension legislation.
  • General risk management experience.
Knowledge and Skills
  • Skills and ability to drive and champion change for new approaches, best practices, systems and standards for proactive and collaborative approach to engaging with stakeholders
  • Excellent verbal and oral communications skills required. Ability to convey difficult messages in concise, comprehensive, authoritative and persuasive manners.
  • Knowledge of pension governance, risk management, regulatory review/audit principles and methods involving pension plan and understanding of corporate and pension plan insolvencies.
  • Knowledge of the design and management of pension plans, investment of pension funds.
  • Skills to prepare technical reports, project plans/reports and policy recommendations.
  • Proven analytical, problem-solving and negotiation skills to provide a senior advisory and negotiating role on complex pension administration issue
Job Posting End Date:

08/27/2024
Job postings close at 11:59pm on the date noted.

Compensation Grade:

Grade 06-AMAPCEO

Compensation Range:

$74,877.00

$110,338.00

Bargaining Unit:

AMAPCEO

Job Code:

Job Code: 6A001F

Employment Type:

Fixed Term (Fixed Term)

Scheduled Weekly Hours:

36.25

FSRA is committed to ensuring equity in employment. Our goal is to create a diverse, inclusive workforce that reflects the communities we serve and to ensure our services and communications are accessible to all individuals. Accommodation is available under the Ontario Human Rights Code.

NOTE: ONLY QUALIFIED CANDIDATES WILL BE CONSIDERED

  • Pensions Engagement Specialist

    3 weeks ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Position Overview This is a Fixed-Term role lasting up to 1 year. Objective of the Role Responsible for facilitating the execution of the new FSRA Pensions engagement strategy with pension plan administrators, ensuring robust governance, effective risk management strategies, and the safeguarding of plan beneficiaries' rights. Key Duties ...

  • Pensions Engagement Specialist

    3 weeks ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Position Overview This is a Fixed-Term role lasting up to 1 year. Objective of the Role Responsible for aiding in the execution of the new FSRA Pensions engagement strategy with pension plan administrators, ensuring effective governance of plans, implementation of risk mitigation strategies, and safeguarding the rights of plan beneficiaries. ...

  • Pension Consulting Expert

    6 days ago

    Toronto, Ontario, Canada LifeWorks Inc. Full time

    About LifeWorks Inc.We are a leading provider of health and wellness solutions, empowering individuals to live their healthiest lives. Our mission is to revolutionize the way people approach their well-being, and we're looking for talented professionals to join our team.Job SummaryWe are seeking an experienced Actuarial Partner to join our Pension Consulting...

  • Pension Consulting Expert

    6 days ago

    Toronto, Ontario, Canada LifeWorks Inc. Full time

    About LifeWorks Inc.We are a leading provider of health and wellness solutions, empowering individuals to live their healthiest lives. Our mission is to revolutionize the way people approach their well-being, and we're looking for talented professionals to join our team.Job SummaryWe are seeking an experienced Actuarial Partner to join our Pension Consulting...

  • Pension Consulting Expert

    4 days ago

    Toronto, Ontario, Canada LifeWorks Inc. Full time

    About LifeWorks Inc.We are a leading provider of health and wellness solutions, empowering individuals to live their healthiest lives. Our mission is to revolutionize the way people approach their well-being, and we're looking for talented professionals to join our team.Job SummaryWe are seeking an experienced Actuarial Partner to join our Pension Consulting...

  • Pension Risk Management Consultant

    12 hours ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job SummaryWe are seeking a highly skilled Pension Risk Management Consultant to join our team at the Financial Services Regulatory Authority of Ontario. As a key member of our team, you will be responsible for leading the review and assessment of pension risk management and governance practices amongst large public sector pension plans in Ontario.Key...

  • Pension Risk Management Consultant

    8 hours ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job SummaryWe are seeking a highly skilled Pension Risk Management Consultant to join our team at the Financial Services Regulatory Authority of Ontario. As a key member of our team, you will be responsible for leading the review and assessment of pension risk management and governance practices amongst large public sector pension plans in Ontario.Key...

  • Lead Pension Consultant

    3 weeks ago

    Toronto, Ontario, Canada the Ladders Full time

    Lead Pension Consultant Department: Client Services and Pension Management Type: Full-timeOverview: At The Ladders, our commitment is to ensure the financial security of our clients through effective pension management. We are seeking a knowledgeable and experienced Lead Pension Consultant to join our dynamic team.Key Responsibilities: 1. Provide expert...

  • Bilingual Pension Benefits Consultant

    3 weeks ago

    Toronto, Ontario, Canada Ontario Teachers' Full time

    Become a part of our team as a Bilingual Pension Benefits Consultant Are you looking to advance your professional journey? This role offers you the chance to collaborate with a diverse team committed to providing exceptional service to our members. As a Bilingual Pension Benefits Consultant, your primary duties will include delivering customer support,...

  • Pension Risk Management Consultant

    6 days ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job SummaryWe are seeking a highly skilled Pension Risk Management Consultant to join our team at the Financial Services Regulatory Authority of Ontario. As a key member of our team, you will be responsible for leading the review and assessment of pension risk management and governance practices amongst large public sector pension plans in Ontario.Key...

  • Pension Risk Management Consultant

    4 days ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job SummaryWe are seeking a highly skilled Pension Risk Management Consultant to join our team at the Financial Services Regulatory Authority of Ontario. As a key member of our team, you will be responsible for leading the review and assessment of pension risk management and governance practices amongst large public sector pension plans in Ontario.Key...

  • Pensions Relationship Consultant

    3 weeks ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Position Overview This is a Fixed-Term role for a duration of up to 1 year. Objective of the Role Responsible for aiding in the execution of the new FSRA Pensions engagement strategy with pension plan administrators, ensuring that pension plans are effectively governed, risk management strategies are established, and the rights of plan...

  • Corporate Pension Consultant

    3 weeks ago

    Old Toronto, Ontario, Canada LifeWorks Full time

    About LifeWorks: LifeWorks is dedicated to enhancing the well-being of individuals by providing innovative health solutions. Our mission is to empower every person to achieve their best health through personalized services and cutting-edge technology.Position Overview: The Pension Administration Analyst will be an integral part of a team that delivers...

  • Pension Benefits Consultant

    3 weeks ago

    Toronto, Ontario, Canada Ontario Teachers' Full time

    Multiple Positions Available Join Our Team We are seeking individuals who can contribute their unique skills and character to a diverse team. You will collaborate with a dedicated group committed to providing exceptional service to our members while maintaining high standards of quality and customer satisfaction. Our aim is to equip you with the...

  • Pension and Benefits Actuarial Consultant

    6 days ago

    Toronto, Ontario, Canada CA007 Mercer (Canada) Limited Full time

    About the Role:CA007 Mercer (Canada) Limited is seeking a highly skilled Pension and Benefits Actuarial Consultant to join our team in the Toronto office. As a key member of our Wealth Business, you will be responsible for delivering customized retirement consulting services to clients, with a focus on efficient implementation of standard solutions and the...

  • Pension and Benefits Actuarial Consultant

    4 days ago

    Toronto, Ontario, Canada CA007 Mercer (Canada) Limited Full time

    About the Role:CA007 Mercer (Canada) Limited is seeking a highly skilled Pension and Benefits Actuarial Consultant to join our team in the Toronto office. As a key member of our Wealth Business, you will be responsible for delivering customized retirement consulting services to clients, with a focus on efficient implementation of standard solutions and the...

  • Senior Consultant WTP

    1 week ago

    Old Toronto, Ontario, Canada Ortec Finance Full time

    Job SummaryWe are seeking an experienced Senior Consultant WTP to join our Pension Strategy Team at Ortec Finance. As a key member of our team, you will be responsible for leading ALM studies, managing project teams, and maintaining long-term client relationships.Key ResponsibilitiesConduct in-depth analyses and modeling to support pension fund...

  • Senior Consultant WTP

    4 days ago

    Old Toronto, Ontario, Canada Ortec Finance Full time

    Job SummaryWe are seeking an experienced Senior Consultant WTP to join our Pension Strategy Team at Ortec Finance. As a key member of our team, you will be responsible for leading ALM studies, managing project teams, and maintaining long-term client relationships.Key ResponsibilitiesConduct in-depth analyses and modeling to support pension fund...

  • Senior Consultant, Pension Administration

    3 weeks ago

    Toronto, Ontario, Canada LifeWorks Full time

    Position Overview:As a Senior Consultant specializing in Pension Administration, you will play a pivotal role in overseeing the administration of defined benefit plans for a diverse range of clients. Your expertise will be essential in fostering strong client relationships and ensuring the delivery of exceptional service.Key Responsibilities:- Cultivate and...

  • Senior Consultant, Pension Administration

    4 days ago

    Toronto, Ontario, Canada LifeWorks Full time

    Position Overview:As a Senior Consultant specializing in Pension Administration, you will play a pivotal role in overseeing the administration of defined benefit plans for a diverse range of clients. Your expertise will be essential in fostering strong client relationships and ensuring the delivery of exceptional service.Key Responsibilities:- Cultivate and...