Senior Technical Lead

Description

Provides specialist and subject matter expertise to the development and implementation of regulatory directives, supervisory practices, and / or supervisory assessments (institution-specific as well as sector-wide).

Leads and contributes to quantitative and qualitative research, development and assessments to support departmental initiatives.

Key Responsibilities

Provides direction and interpretation on Principles-Based Regulation under the Insurance Act, current Regulations, and FSRA Rules and Guidance, to FSRA’s supervisory assessments of regulated institutions and sectors, and to FSRA’s and Ontario Government’s policy development.

Contributes expert analysis of evidence to sector-wide and institution-specific supervisory assessments.

Documents own analysis in working papers, risk assessment summaries, supervisory letters, notes, etc.

Leads and conducts research, environmental scanning, monitoring, analysis, and assessment of a broad range of issues, emerging trends, events and developments which may impact FSRA’s mandate.

Leads the identification of gaps between available evidence and FSRA Rules and guidance and makes recommendations.

Builds subject matter expertise within FSRA in specialized areas such as : Capital, Liquidity, Recovery and Resolution, Operational / Non-Financial Resilience, ESG / Climate Risks, Corporate Governance, IT, Reinsurance, and other areas such as IFRS.

Provides subject matter expertise to FSRA’s regulated institutions and sectors to ensure alignment between FSRA’s guidance and supervisory assessments and expectations.

Develops and maintains relationships with internal and external stakeholders through informal and formal consultations.

Assists in developing, enhancing, and implementing FSRA’s Risk Based Supervisory Framework (RBSF).

Supports the promotion and implementation of innovation and continuous improvement in the unit.

Supports critical change and a new collaborative, forward thinking culture within the unit, and works with others to achieve this across the section.

Works in collaboration with colleagues on function priorities for FSRA.

Qualifications

Education and Employment Experience

Degree in finance, commerce, business, accounting, science / engineering, law, or related field or equivalent. Master’s degree and / or professional designations (e.

g., FRM, CPA, CFA, CIA) are preferred.

Minimum 7 years’ experience in financial services. Regulatory experience is preferred.

Minimum 5 years’ experience conducting research and analysis to support risk assessment, risk management, policy, governance, processes and practices development.

Familiarity with credit unions or insurance companies and financial services is preferred.

Knowledge and Skills

Experience with any of the following subject areas : Capital, Liquidity, Corporate Governance, Recovery and Resolution, Operational / Non-Financial Resilience, Environmental, Social, and Governance (ESG) (including climate change), Information and Communication Technologies (ICT) Risk including Cyber Security, Reinsurance, and IFRS.

Experience with research and project management techniques to plan and conduct qualitative and quantitative research.

Demonstrated risk and controls analysis skills.

Experience with assessments of the operations and financial condition of financial institutions.

Organizational skills with the ability to prioritize multiple tasks with focus and attention to detail.

Professional-level verbal, written communication, and presentation skills.

Job Posting End Date :

07 / 21 / 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