Technical Consultant

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, and a comprehensive and competitive benefits plan. We prioritize 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:

Purpose of Position:

The main area of focus for this position is pension plan windup, surplus, and asset transfer applications.

• To provide senior technical consulting advice, guidance and training to Pension staff on the interpretation and application of the Pension Benefits Act, and Financial Services Regulatory Authority of Ontario (FSRA) policies, procedures, and processes for the regulation of pension plans in Ontario.

• To lead projects/teams, and provide technical direction related to the research and analysis of complex pension industry issues and any regulatory action resulting from compliance concerns; the audit and financial examination of pension plans; and the development and implementation of Pension policies/procedures.

• To provide technical expertise related to the negotiation and resolution of significant, complex and/or sensitive pension regulation issues and advise the EVP, Pensions and the CEO on the resolution of complex pension issues.

• To represent FSRA and the Leadership at meetings/conferences with pension plan sponsors, members, industry groups and other jurisdictions.

Key Responsibilities
1. Project Leadership

• Provides project leadership for the development, implementation and evaluation of Pension procedures, standards and controls to meet PBA requirements and FSRA's policies and guidances.

• Leads the review/analysis of the windup, surplus and asset transfer applications in accordance with PBA and FSRA's policies and guidance's.
   

2. Technical Advice/Consultation/Training

• Provides technical advice, guidance, consultation and training to Pensions staff and FSRA/external clients on the interpretation and application of compliance of the PBA, regulations and Pension policies.

• Advises Pension staff engaged in the review and analysis of pension plans to ensure conformity to the legislation and quality/consistency of decisions.

• Provides technical advice related to the development of strategies and positions to address current/emerging issues of concern to the EVP, Pensions and the CEO on major pension matters.

• Provides technical expertise, advice and recommendations related to the development, implementation and evaluation of pension legislation and FSRA pension policies and guidelines for the regulation of pension plans registered with the Financial Services Commission of Ontario (FSRA).

• Provides expert technical support for the development of a program of risk assessment and review for compliance concerning financial audits, examinations, pension plan administration, and asset management.

• Oversees and provides a senior advisory role related to the handling of specific complex, contentious, and/or sensitive industry/company pension plan cases.

• Provides technical leadership to Pension Officers related to the management of the case including the identification/analysis of issues, development of communication packages, liaison with MOF, and preparation of operational plans.

• Leads and/or participates as a senior technical advisor in negotiation meetings with pension plan administrators and/or their representatives to facilitate resolution of complex and/or serious issues of non-compliance including actuarial, financial, asset management, and plan administration compliance matters.

• Recommends regulatory action to the EVP, Pensions and the CEO.

• Provides advice and consultation services to FSRA Pensions and the CEO related to contentious issues, pension policy and program delivery.
   

3. Research/Analysis

• Leads and conducts research and analysis projects to identify social, economic and administrative issues and general trends in the pension industry requiring policy change.

• Prepares research/analysis reports and issue papers.

• Develops communication materials for FSRA management and staff to inform them of developing trends and changes in practices in pensions, actuarial, financial reporting, asset management and related matters and on the status of any compliance efforts.
   

4. Liaison

• Represents the FSRA and the CEO at meetings with plan sponsors, members, industry groups and other jurisdictions to interpret or apply policy and legislation, discuss major pension plan issues, and exchange information on pension regulation policies, procedures and standards.

• Leads/participates in consultations and joint initiatives with other provincial and federal regulators and the Canadian Associations of Pension Supervisory Authorities related to the resolution of common regulatory issues, and the research of new regulatory developments.

• Leads and participates on special Pensions/FSRA committees and project teams.

• Represents the FSRA at conferences and seminars, and delivers speeches and presentations on pension regulation matters.

Knowledge / Skill
Knowledge of and skills in:

• Pension Benefits Act and regulations and the pension legislation of the federal government and other provincial jurisdictions to provide senior level expertise on the interpretation and application of legislation/regulations.

• Pension plan administration/management principles and processes to provide technical advice and guidance on the examinations process in order to ensure effective review/analysis by Pensions staff on pension plan regulation compliance matters.

• Pension industry, administration of pension plans, and pension plan regulation issues and trends to identify issues requiring policy change and to provide.

• Project management to provide technical leadership to assigned program/policy development projects.

Interpersonal / Influencing Skill

• Advice and consultation to senior management regarding contentious issues, pension policy and program delivery, and interpretation and application of legislation/regulations.

• Negotiation to provide a senior advisory and negotiating role on complex pension administration cases.

• Verbal communication and presentation to provide information and advisory services to FSRA management and staff; lead projects; conduct staff training programs; and represent the Commission in consultations with pension industry representatives to advise on compliance requirements and resolve compliance issues.

• Written communication to prepare technical reports, briefing materials, project plans/reports, and policy recommendations.

Analyzing / Problem Solving Skill

• Identify issues/trends related to the regulation of the pension industry; and analyzes contentious/severe compliance issues.

• Provide consultation services to EVP, Pensions and the CEO related to the management of significant pension regulation issues.

• Provide a senior advisory and negotiating role on complex pension administration cases.

Decision Making / Responsibility
Responsible for:

• Effective provision of technical leadership and expertise for the development/analysis of pension regulatory policies, procedures and the provision of technical direction, guidance and training to Pensions/FSRA staff and external contacts related to the interpretation and application of FSRA legislation/policies for the regulation of pension plans in Ontario.

• Effective resolution of significant/sensitive pension compliance case issues and the provision of advice to FSRA senior management.

• Accuracy and thoroughness of pension plan examinations/audits and action recommendations resulting from examinations. Has latitude to provide technical advice and guidance to other pension staff.

Guidance / Supervision

• Provides technical guidance to Pensions/FSRA staff and external contacts related to the interpretation and application of FSRA legislation/policies for the regulation of pension plans in Ontario.

• Provides technical leadership and knowledge for the development/analysis of pension regulatory policies and procedures.

• Provides project leadership to assigned project teams.
   

*Please note that this position will close at 11:59PM on January 19, 2026*

Job Posting End Date:

Job postings close at 11:59pm on the date noted.

Compensation Grade:

Compensation Range:

-

Bargaining Unit:

Job Code:

Employment Type:

Scheduled Weekly Hours:

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