Director, Capital and Liquidity Standards

4 months ago

Vancouver, Canada Office of the Superintendent of Financial Institutions Canada Full time

Office of the Superintendent of Financial Institutions Canada - Banking Risk and Capital
Vancouver (British Columbia), Ottawa (Ontario), Toronto (Ontario), Montréal Island (Québec)
EX-03, RE-REX-07 - NOTE: This position is classified at the REX-07 group and level which is roughly equivalent to the EX-03 group and level.
Indeterminate
$164,400 to $205,200
For further information on the organization, please visit Office of the Superintendent of Financial Institutions Canada

**Closing date: 1 October 2024 - 23:59, Pacific Time**

**Who can apply**: Persons residing in Canada, and Canadian citizens and Permanent residents abroad.

**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

POSITION LOCATION / WORK ARRANGEMENT:
The designated worksite for this position is the Ottawa, Ontario, OSFI Office. However, the employee may work from the Ottawa, Toronto, Montreal or Vancouver office.

EMPLOYMENT EQUITY:

- 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. Indigenous refers to North American Indigenous people as members of First Nations, Inuit, or Métis. North American Indigenous people or members of First Nation include treaty, status or registered Indigenous people, as well as those non-status and non-registered.

**Duties**:
Under the direction of the Managing Director, and in collaboration with other divisions in the Risk Advisory Hub and others in the broader Supervision Sector and other OSFI Sectors, the Director, Capital and Liquidity Standards Division is accountable for directing the analysis, formulation, interpretation, and promotion of regulatory rules, policies and guidelines relating to regulatory capital, liquidity, and other related requirements. In fulfilling the accountabilities for this position, the Director defines deliverables and timelines and manages and leads a team that is responsible for the analysis of emerging domestic and global risks that necessitate changing capital, liquidity and other related requirements for federally regulated financial institutions (FRFIs).

The Director and the Director’s staff may also represent OSFI on international and domestic working groups, committees or task forces to discuss and represent OSFI’s views pertaining to principles and standards relating to varied prudential issues affecting FRFIs.

**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 and to ensure they protect themselves against threats to their integrity and security. In fulfilling its mandate, OSFI supports the government's objective of contributing to public confidence in the Canadian financial system.

Why Choose OSFI:
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. OSFI is passionate about fostering a workplace where all people feel welcome, can reach their full potential, and contribute their unique perspectives and experience to the success of the team. We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful, and diverse workplace. Some examples include: 2SLGBTQIA+, Mental Health and Accessibility, Multiculturalism (Affinity Groups: Indigenous, Asian, Black), Unconscious Bias.

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.

Health Care Coverage: OSFI employees and their dependents are eligible to be enrolled in the Public Service Health Care Plan, designed to supplement provincial/territorial health insurance plans.

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.

**Intent of the process**:
The immediate intent of this process is to fill on

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