Selection Process Number:

Division:

Group and Level:

Salary Range:

Employment Tenure:

Positions Available:

WHO CAN APPLY

Persons residing in Canada and Canadian citizens and Permanent residents abroad.

IMPORTANT INFORMATION

This poster will close at 12:00 AM EST on the postings indicated closing date (note that for those in the Pacific Time Zone this corresponds to 9:00PM PST on the previous day). To be considered your application must be submitted before the specified deadline. If you experience any technical issues submitting your application please email .

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.

Information on assessment accommodation.

KEY RESPONSIBILITIES:

Working at OSFIs Industry Surveillance Division (ISD) you will:

• Play a key technical role in industry-wide operational and integrity risk surveillance.

• Provide expertise in scanning assessing and reporting on the risk landscape for the operational resilience of OSFI regulated institutions and the financial sector.

• Identify industry-wide systemic risks financial sector specific thematic issues and trends related to operational resiliency.

PROCESS INTENT

The immediate need is to staff one (1) Specialist position with a language requirement of bilingual imperative CBC/CBC on an indeterminate basis. If no bilingual imperative (CBC/CBC) appointment can be made a bilingual non-imperative (CBC/CBC) appointment may be considered within this advertised appointment process.

This process may also be used in the future to staff a Manager position.

A pool of qualified or partially qualified candidates may be created to staff similar or identical positions with various linguistic requirements and/or profiles security requirements tenures and/or locations within the Office of the Superintendent of Financial Institutions (OSFI) which may vary according to the position being staffed.

POSITION DETAILS

CLASSIFICATION:

This position is classified at the RE-06 group and level which is roughly equivalent to the CT-FIN-04 group and level.

LOCATION:

The designated worksite for this position is the Toronto Ontario OSFI Office. However the employee may work from the Ottawa office.

OSFIs hybrid model includes telework and mandatory onsite presence. The terms of the employees telework arrangement will be established in accordance with the Directive on Telework and the Guidelines on Hybrid Work. These arrangements must be reviewed annually at a minimum and can be subject to change.

ESSENTIAL QUALIFICATIONS

Official Language Proficiency:

Information on language requirements

• Bilingual imperative (CBC/CBC)

In order to be considered your application must clearly explain how you meet each of the following education and experience criteria.

ESSENTIAL EDUCATION:

Information on degree equivalency

• A degree OR diploma from a recognized from a post-secondary institution with specialization in business commerce economics finance accounting mathematics computer science or other relevant field

OR

• An acceptable combination* of relevant experience AND education or training

• *At the managers discretion OSFI may consider candidates who do not possess the stated education but meet the combination of experience and education or training if concrete examples are provided.

  *At the managers discretion OSFI may consider candidates who do not possess the stated education but meet the combination of experience and education or training if concrete examples are provided.

ESSENTIAL EXPERIENCE:

• Recent* and significant** experience analyzing and assessing operational or integrity risk related risk management practices and identifying and managing key and emerging risks in the financial services industry*** that impact operational resilience and integrity.

• Recent* and significant** experience in artificial intelligence research or development.

• Recent* and significant** experience carrying out in-depth research on a broad range of non-financial risk subjects in the financial services industry*** and preparing briefing notes reports discussion papers or research papers for executives on these subjects.

*Recent is defined as ANY relevant experience gained within approximately the last three (3) years.

**Significant is defined as the depth and breadth of the experience normally associated with the performance of the duties for a period of four (4) years.

*** Financial services industry experience is defined as experience working in one or more of the following areas: (a) financial institutions including banks trust and loan companies insurance companies and pension plans (b) firms dealing with audits or consulting engagements to such institutions (including reinsurance brokers) (c) technology and data companies providing services to financial institutions or linked to the delivery of financial services (d) government departments that directly deal with the supervision and regulation of these institutions (e) Indigenous Institutions including: Band operations trustees or administrators of pension plans insurance institutions lending institutions or other related areas providing financial services (f) other relevant areas such as but not limited to financial risk management investment management corporate treasury functions or commercial lending.

The following essential knowledge competencies and abilities will be assessed at a later date.

ESSENTIAL KNOWLEDGE:

• Knowledge of banking systems banking processes payment rails financial market infrastructure and financial market IT systems

• Knowledge of the mechanics and the complexities of fraud

• Knowledge of third-party supply chain complexities and interconnectedness

• Knowledge of implications of AI on operational resiliency of the financial system

ESSENTIAL COMPETENCIES:

• Critical Thinking

• Interpersonal Communication

• Innovation

• Collaboration

ESSENTIAL ABILITIES:

• Ability to communicate effectively in writing

• Ability to communicate effectively verbally

ASSET QUALIFICATIONS

If you possess any of the following education or experience criteria your application must clearly explain how you meet them (may be needed for the job).

ASSET EDUCATION:

• A relevant graduate degree from a recognized post-secondary institution

• A relevant recognized financial or risk management designation

ASSET EXPERIENCE:

• Recent* and significant** experience in the financial services industry*** in all of the following areas:

• • Third party risk assessment and management

  • Fraud risk assessment and management

  • Money laundering assessment and mitigation

• Recent* and significant** experience in the construction collection and assessment of risk data and quantitative modelling related to operational resilience.

• Recent* and significant** non-financial risk experience in a second line function or multiple lines of business in the financial services industry***.

*Recent is defined as ANY relevant experience gained within approximately the last three (3) years.

**Significant is defined as the depth and breadth of the experience normally associated with the performance of the duties for a period of four (4) years.

***Financial services industry experience is defined as experience working in one or more of the following areas: (a) financial institutions including banks trust and loan companies insurance companies and pension plans (b) firms dealing with audits or consulting engagements to such institutions (including reinsurance brokers) (c) technology and data companies providing services to financial institutions or linked to the delivery of financial services (d) government departments that directly deal with the supervision and regulation of these institutions (e) Indigenous Institutions including: Band operations trustees or administrators of pension plans insurance institutions lending institutions or other related areas providing financial services (f) other relevant areas such as but not limited to financial risk management investment management corporate treasury functions or commercial lending.

The following asset knowledge and competencies may be assessed at a later date.

ASSET KNOWLEDGE:

• Knowledge of financial institutions governance structures and processes that ensure strong operational resiliency

• Knowledge of enterprise risk management approaches and practices including the three lines of defence model

• Knowledge of a financial institutions core functions business processes critical assets and systems which are subject to integrity and security oversight activities

ASSET COMPETENCIES:

• Inclusion

• Leading People

• Result Orientation

OPERATIONAL REQUIREMENTS

• Ability and willingness to work overtime

• Ability and willingness to travel within Canada when required

CONDITIONS OF EMPLOYMENT

• Security Reliability Status

• In our hybrid workplace environment the ability to work remotely from home within Canada with access to the Internet in ones residence is a condition of employment

ORGANIZATIONAL NEEDS

• Placing OSFI employees affected by workforce adjustments who have an affected opting or surplus priority status.

• OSFI is committed to having a skilled and diverse workforce representative of the Canadian order to meet our employment equity objectives selection for this position may be made from among qualified candidates who self-declare as belonging to one or more of the following Employment Equity groups: Persons with a disability Aboriginal people Members of a Visible Minority or Women. OSFI is committed to diversity and inclusion and we strongly encourage candidates to self-declare if they belong to one of these designated employment equity groups.

OTHER INFORMATION

• The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply. Employment equity -

• Preference will be given to veterans first and then to Canadian citizens and permanent residents with the exception of a job located in Nunavut where Nunavut Inuit will be appointed first. Information on the preference to veterans

• We thank those who applied; however only candidates selected for further consideration will be contacted.

• Eligible candidates may be considered and offered a deployment or Interchange before considering other applicants.

• This process may also be used to staff a Manager position.

• The useof generativeartificial intelligence (AI) tools sites and applications based on large language models (e.g. ChatGPT Dall-E Microsoft Copilot) is forbidden for this that your application may be submitted to a third-party software to detect plagiarism and the use of generative from any source or the use of generative AI from any source will result in the invalidation of your application and consequently elimination from this selection process.

• OSFI is a separate agency with its own classification and compensation system. OSFIs staffing is subject to the Public Service Employment Act (PSEA).

• All written and verbal communication obtained throughout the staffing process from the time of application to close of process may be used to evaluate the candidate.

• Candidates must meet all of the essential qualifications to be appointed; however depending on the requirements of the specific position(s) being staffed one or more asset criteria or organizational need may be invoked at any stage of the process.

• Staffing strategies such as random selection top-down approach and/or establishing cut-off scores to determine who will continue in the staffing process may be used for the purpose of managing applications.

• Please note that although you may attain the established pass mark on any of the assessments used in this staffing process management may decide to use a higher cut off score.

• During the staffing process various assessment methods can be utilized including but not limited to written exams and interviews. These assessments may be conducted either remotely or in-person at one of our OSFI offices (Toronto Ottawa Montreal or Vancouver).

• Candidates are entitled to participate in the appointment process in the official language of their choice.

• Email correspondence will be the primary method of communication with candidates for this selection process. Ensure you check your spam folder for any communications from OSFI (). You must provide valid and updated contact information.

• All job applications must be submitted through Workday: OSFIs recruiting platform. Do not email your application as it will not be accepted. To submit an application online please click on the Submit button.

• If you have a limitation that may impact your performance at any step of the assessment process (such as submitting the application written test or an interview) you may request an accommodation. Assessment accommodations are designed to remove barriers and to ensure that candidates with limitations can fully demonstrate their abilities. Should you wish to be accommodated please inform us by sending an e-mail to the following address: . All information received in relation to accommodation will be kept confidential.

• Please note that due to weekly system maintenance our staffing platform Workday will be down for 3 hours every Friday from 11pm to Saturday 2am EST.

• You are responsible for ensuring that the personal information provided in your candidate profile in Workday is accurate and up to date (e.g. contact information status of any priority entitlements veteran/mobility status citizenship etc.). If your personal information needs to be updated after you have submitted your application you must contact us at . Failure to do so may mean that you are either not considered or eliminated from the process.

CONTACT INFORMATION

OSFI Staffing Team

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