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Chief Executive Officer, Financial Services Authority of Ontario (FSRA)

Odgers Berndtson
Toronto, Ontario
$152.8K-$190.5K a year (estimated)
Full-time

The Financial Services Regulatory Authority of Ontario (FSRA) is a dynamic, board-governed financial services and pension regulator dedicated to serving the public interest, fostering strong, sustainable, competitive and innovative financial services sectors and strengthening non-securities consumer, member and pension plan beneficiary protections in Ontario.

FSRA regulates property and casualty insurance; life and health insurance (including auto insurance rates); credit unions and caisses populaires;

loan and trust companies; mortgage brokers; health service providers (related to auto insurance); and pension plans. We are building an agile, forward-thinking and collaborative culture, and FSRA is committed to encouraging innovation, competition and growth for the sectors it regulates, and promoting market integrity and stability.

Reporting to an engaged and skills-based Board of Directors, the Chief Executive Officer (CEO) provides strategic leadership, guiding / managing a significant regulatory responsibility.

In fulfilling its vision for Ontario to be the leading provincial financial services regulator in Canada, the CEO, in partnership with the Chair of the Board, will represent FSRA to the Ministry of Finance, its market participants, to consumers, to the public and other provincial, national and international bodies.

This individual will play an integral part in strengthening a regulatory framework that enables market participants to respond effectively to the dynamic changes occurring in the marketplace, and to develop and implement structures and processes that enhances financial services regulation in Ontario and support a healthy environment for growth through a principles-based approach.

The CEO will lead a strong, skilled and engaged workforce that has been key to delivering on its mandate of regulating in the public interest with an innovative, sustainable focus.

The CEO is accountable to the Board of Directors for the management and administration of FSRA, the FSRA Act and the Related Statutes, and the Memorandum of Understanding between the Minister of Finance and the Authority, and Applicable Directives.

As the ideal candidate, you bring at minimum 10 years’ relevant experience at an executive leadership level in one or more of the sectors regulated by FSRA and a commitment to the public interest.

You are well versed working well and collaboratively with a Board of Directors and have demonstrated operational, financial management skills, political acumen, and utilized modern approaches to leading through change within complex organizations.

Known for your visionary and adept leadership, you bring the ability to strategically direct prudential and conduct regulatory and supervisory activities and to successfully deal with diverse stakeholders and competing operational demands and longer-term objectives.

To fill this position, FSRA has partnered with leadership advisory firm Odgers Berndtson. Applications are considered and encouraged immediately and should be submitted at or .

We thank all those who express an interest, however only those chosen for further development will be contacted.

Diversity, Equity and Inclusion

FSRA is an equal opportunity employer. In accordance with the Accessible Canada Act, 2019 and all applicable provincial accessibility standards, upon request, accommodation will be provided by both Odgers Berndtson and FSRA : Financial Services Regulatory Authority of Ontario throughout the recruitment, selection and / or assessment process to applicants with disabilities.

At FSRA, our vision is to ensure financial safety, fairness, and choice for Ontarians. 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 , comprehensive and competitive benefits plan, a hybrid work model and flexible work arrangements.

We prioritise learning and development, wellbeing, diversity, equity, inclusion and belonging, and community giving.

Odgers Berndtson is deeply committed to diversity, equity and inclusion in all the work that we do. As part of our efforts to better understand our ability to reach as broad a pool of candidates as possible for our searches, our DEI team would like to encourage you to take a moment and access our

6 days ago
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