Director

Office of the Superintendent of Financial Institutions Canada - Banking Risk and Capital
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
$167,700 to $209,400
For further information on the organization, please visit Office of the Superintendent of Financial Institutions Canada

**Closing date: 4 June 2025 - 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:
The designated worksite for this position is the Toronto, Ontario OSFI Office. However, the employee may work from the Toronto, Ottawa, or Montreal 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**:
This position within Banking Risk and Capital is responsible for leading a team of specialists involved in the review of financial institutions’ use and control of risk measurement models and analytics. Responsibilities will include directing, overseeing and monitoring the work of the group as well as providing consulting advice on risk measurement, risk analytics, and modelling practice issues to other OSFI divisions, and the executive group. Leading, developing, and coaching staff are key responsibilities of this position.

**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 need is to staff one position with a language requirement of English Essential on an indeterminate (permanent) basis.

**Positions to be filled**: 1

**Information you must provide**:
Your résumé.

ESSENTIAL EDUCATION
- A degree from a recognized post-secondary institution with specialization in business, commerce, economics, finance, mathematics, actuarial science, accounting or other relevant field.

Or
An acceptable combination of relevant experience and education or training.

See link below for information on degree equivalency.

Degree equivalency

ESSENTIAL EXPERIENCE
- Recent and significant* experience in risk measur