Recherche d'emploi > Toronto, ON > Technical lead

Technical Lead - Life and Health Insurance

Financial Services Regulatory Authority of Ontario
Toronto, ON
80.6K $-117.1K $ / an
Temps plein

Description

2 positions available*

Purpose of Position

Accountable for the provision of technical expertise in the interpretation and application of regulatory requirements for licensed entities under FSRA’s jurisdictions and for recommending strategies and approaches to dealing with complex compliance issues in Market Conduct.

Key Responsibilities

  • Provides technical expertise in regulatory compliance requirements regarding the conduct for the life and health insurance sector.
  • Provides expertise and mentoring to the team regarding the management, negotiation and resolution of significant, complex and / or sensitive compliance or regulatory issues.
  • Conducts the secondary review of working papers and findings prepared by Senior Compliance Officers to ensure identified high priority compliance issues are the most critical, follow regulatory requirements and to ensure consistency in the interpretation and application of regulations prior to final approval by the Senior Manager
  • Leads the conduct of complex examinations and the resolution of contentious compliance matters, as assigned on a case by case basis
  • Conducts ongoing holistic reviews of compliance issues and findings to assess how they are applied in various scenarios and to ensure consistency in the interpretation of legislation across the department, prepares related industry publication and recommends regulatory amendments or guidance as appropriate
  • Works with the Head and Senior Managers in the implementation of the Department’s strategic plan including assisting in operationalizing new programs and objectives and any changes to regulatory requirements and guidelines.
  • Acts as a key liaison on complex situations with the industry to provide technical expertise, advice and recommendations related to the development, implementation and evaluation of regulatory requirements
  • Mentors and supports staff to identify, prepare and present cases to an internal vetting committee for escalation of compliance matters to Legal and Enforcement.
  • Leads the briefing with executives or the government on sensitive or contentious compliance matters.
  • Leads projects / teams for the development, implementation and evaluation of procedures or programs to monitor regulatory compliance of the relevant Regulated Sector.
  • Provides reporting and trend analyses to the relevant sector manager(s), to support corporate reporting and to inform supervision and policy making.
  • Supports management in industry engagement on regulatory or compliance matters and FSRA’s sector supervisory plan.

Qualifications

Education and Experience

  • University degree in business, economics, law, accounting or other relevant field, or equivalent experience
  • Minimum 5 years of experience in or knowledge of one of more of the regulated or related sectors (e.g., life insurance, P&C insurance, health services provider, mortgage brokerage and administration, loan and trust, pension and credit union), with experience in the life and health insurance sector being an asset.
  • Expertise in the interpretation and application of regulations in a FSRA’s regulated or related financial sectors.

Knowledge and Skills

  • Demonstrated audit or compliance skills, and experience with risk-based auditing methodology.
  • Demonstrated leadership and project management skills to provide technical advice and guidance to address compliance cases.
  • Proven analytical, problem-solving and negotiation skills to provide senior advisory and support negotiation on complex compliance or regulatory issues.
  • Proven verbal and presentation skills to provide information and advisory services to Market Conduct management and staff, other FSRA divisions (including Policy and Enforcement) and external stakeholders and conduct staff training programs.
  • Proven written communication skills to prepare technical reports, external correspondence, project plans / reports and policy recommendations.
  • Demonstrated knowledge of the business models and operations and compliance matters of one of the FSRA’s Regulated or related Sectors.
  • Demonstrated understanding of industry trends to identify issues requiring policy change.

Job Posting End Date :

11 / 25 / 2024

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

Compensation Grade : Grade 07-AMAPCEO

Grade 07-AMAPCEO

Compensation Range : $80,595.00

$80,595.00

$117,142.00

Bargaining Unit : AMAPCEO

AMAPCEO

Job Code : Job Code : 7A001F

Job Code : 7A001F

Employment Type : Regular

Regular

Scheduled Weekly Hours :

36.25

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

Il y a 1 jour
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