Director Pensions

Posting Title: Director Pensions
Department: Supervision & Deposit Insurance
Full/Part Time: Full Time

**Job Type**: Permanent
Location: Vancouver
Work Arrangement: Hybrid
Salary Range: $147,084.00 - $220,626.00
Close Date: September 3, 2025

**Job Summary**
BC Financial Services Authority (“BCFSA”) helps to protect British Columbians during the biggest financial decisions in their lives. We regulate B.C. ’s financial services sector, including credit unions, real estate licensees, registered pension plans, insurance and trust companies and mortgage brokers. Through modern, effective and efficient oversight, BCFSA protects consumers by impartially setting and enforcing standards across the entire sector ensuring the prosperity of the province.
We recognize unique styles, perspectives, beliefs, and creativity that support a diverse, respectful, inclusive and collaborative work environment. To achieve this, we are committed to:

- Hiring team members who represent the population we serve;
- Removing barriers that may prevent equitable employment; and
- Supporting respectful work environments where everyone feels included and able to produce excellent results.

BCFSA is proud to be selected as one of BC's Top Employers (2025) in recognition of our competitive compensation, work-life balance, and progressive programs.

**WHAT WE OFFER**:
When you join us, you become part of a high-performing team. Here, each Team Member can bring their unique talent to make outstanding contributions as we work towards the common goal of protecting British Columbians during the most important financial transactions in their lives. 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
- Our team members enjoy the flexibility of a hybrid work model. They can choose every day where they want to work to be the most effective, from the comfort of their home to our beautiful office in downtown Vancouver. (Eligibility may vary, depending on position).

**SUMMARY**

The position is accountable for directing the regulatory and prudential risk-based supervision of the provincially regulated pension plans.

**ACCOUNTABILITIES**
- Develops and articulates the strategic vision for regulatory framework essential to address current and future challenges in the pensions industry.
- Develops and promotes forward looking risk assessment reviews of BC registered pension plans, consistent with principles outlined in the BCFSA Supervisory Framework and the Supervisory Framework for Pension Plans Registered in British Columbia.
- Directs the assessment of the financial health of pension plans and, the security of pension plan benefits and rights provided to pension plan members.
- Monitors and assesses the effectiveness of regulatory initiatives and adjust strategies as necessary to achieve desired outcomes.
- Oversees the ongoing effectiveness of legislation and recommend improvements that include administrative harmonization with other provinces and the federal government.
- Works with peer regulators in a collaborative work environment to share information, discuss risks, and develop joint policies and practices to address common issues.
- Inspires, drives and directs change in the organization through coaching, supporting creativity and empowering employees to seek opportunities for improvement and developing innovative and leading-edge best practice strategies.
- Directs the development of operational/corporate policies and procedures, performance standards and service levels with the goal of continuous improvement.
- Manages and controls a budget and makes fiscally responsible decisions.
- Contributes to industry forums, conferences and pensions discussions.
- Leads and/or participates in operational planning and reporting for one or more program areas to support reliable program accountability, organizational core values and mandate.
- Provides supervision, coaching and mentorship to allow team members to achieve their full potential.
- Builds and fosters strategic and collaborative relationships with a diverse range of internal and external stakeholders.

**JOB**REQUIREMENTS**
- Knowledge of current and emerging risks and trends as they relate to the pension industry.
- Knowledge of financial statements, reporting standards and metrics.
- Knowledge of risk management principles, methods and demonstrated ability to identify risks, report on issues, and recommend solutions.
- Strong leadership skills to effectively lead and motivate a team, with experience coaching towards high performance and promoting a culture of accountability and continuous improvement.
- Effective communication skills, including strong written, verbal and presentation capabilities to communicate technical, complex concepts to audiences with varying degrees of pensio