Deposit Insurance Analyst

Job Description:
The BC Financial Services Authority (BCFSA) protects British Columbians during their most important financial transactions. We regulate BC ’s financial services market, including credit unions, trust companies, registered pension plans, insurance companies and mortgage brokers.

We uphold public confidence by impartially setting and enforcing standards for real estate professionals. We also ensure that consumers dealing with licensed real estate professionals are protected against wrongful actions. By overseeing the most significant financial transactions in BC we ensure fairness, legality and the prosperity of consumers and the province.

We recognize unique styles, perspectives, beliefs, and creativity that support a diverse, respectful, inclusive and collaborative work environment. To achieve this, we stay committed to:
Hiring team members who represent the population we serve
Removing barriers that may prevent equitable employment
Supporting respectful work environments where everyone feels included and able to produce excellent results

BCFSA is proud to be Great Place to Work Certified organization based on direct feedback from our team members.

**WHAT WE OFFER**:
Healthy living and work-life balance
Comprehensive health and wellness benefits plan
Opportunities for personal and professional development
Competitive compensation
A challenging and engaging team environment
Defined benefits pension plan
Flexible work arrangement for eligible positions
A beautiful office location in downtown Vancouver

**SUMMARY**
This position analyses the BC credit union system and institution risks and recommends pricing and premium rates to maintain the BC credit union deposit insurance fund.

**ACCOUNTABILITIES**:

- Analyzes the BC credit union system and institution risks and contributes to the identification and ongoing monitoring of relevant risk indicators.
- Conducts analyses and develops recommendations regarding pricing and premiums to be paid by the BC credit unions to the deposit insurance fund.
- Conducts analyses to support the development of optimal fund targets and fund size based on market and risk assessments of the BC credit union system.
- Interprets legislation, regulation, policies, procedures, and relevant information to make recommendations that support the BCFSA’s objectives.
- Responds to inquiries regarding analysis conducted and the identification of risks.
- Participates in contingency planning relating to deposit insurance pay-outs.
- Develops briefing notes, correspondence, and information material for internal and external audiences.
- Contributes to research studies, special projects and presentations, and stakeholder engagements.
- Contributes to the team’s development of internal work practices (e.g., policies, procedures and tools).
- Provides orientation and training to internal and/or external stakeholders within area of responsibility.
- Contributes to, participates in, and supports organizational business transformation initiatives.

**JOB REQUIREMENTS**:

- Degree in business, finance, accounting, or economics and some related experience or, an equivalent combination of education and experience.

Related experience includes:

- Analyses or examinations experience in the financial services, business or commercial sectors
- Knowledge of the methods and procedures involved in the development and management of deposit protection programs.
- Knowledge of financial analysis techniques and business operational procedures.
- Knowledge of risk management principles and methods.
- Ability to exercise judgement, initiative, and discretion.
- Superior oral and written communication skills.

**PROVISOS