Manager, Operational Risk Division - Vancouver, Canada - Office of the Superintendent of Financial Institutions Canada

Sophia Lee

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Description
Office of the Superintendent of Financial Institutions Canada - Regulatory Response Sector
Vancouver (British Columbia), Ottawa (Ontario), Toronto (Ontario), Montréal Island (Québec)

FI-04, RE-0- This position is classified at the RE-06 group and level which is roughly equivalent to the FI-04 group and level.

Indeterminate
$109,700 to $141,900
For further information on the organization, please visit Office of the Superintendent of Financial Institutions Canada


Closing date: 31 May :59, Pacific Time

Who can apply:
Persons residing in Canada, and Canadian citizens and Permanent residents abroad.


Important messages:

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.

Assessment accommodation


If you have recently applied to the Manager, Operational Risk, reference number: SIF23J and selection process number: 23-24-SIF-IA-9600 please note that your previous results will be applied to this process.


POSITION LOCATION:


OSFI believes in offering employees flexibility and in creating a workplace that is productive, engaging, collaborative, and inclusive, all the while being supportive of employees' wellbeing.

As such, OSFI is experimenting with a hybrid work model (a combination of telework and onsite work) that will shape how we use our physical workplace to establish new norms, ways of collaborating, and working together and will adjust its model based on lessons learned.


EMPLOYMENT EQUITY:
OSFI is committed to achieving a representative workforce that reflects the diversity of the Canadian population.

We are dedicated to building and promoting a diverse, equitable and inclusive workforce, representative of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio-economic background or lived experience.

By embracing diversity and inclusion, our department ensures broader discussions, better decisions, and a more positive workplace.

  • The term "Aboriginal" is used within this job advertisement as it relates to the Employment Equity Act and other legislative frameworks. The term "Indigenous" is used where possible, in alignment with the United Nations Declaration on the Rights of Indigenous Peoples.

Duties:


Responsibilities will include:

  • Managing a team of Operational Risk professionals
  • Leading, coaching and mentoring other members of the ORD team.
  • Managing and identifying emerging operational risks and communicating internally within OSFI and externally to the FRFIs
  • Carry out onsite operational risk reviews in an effective manner.
  • Ongoing monitoring of institutions' operations and followup on identified issues.
  • Escalating key or critical issues, making appropriate valueadded recommendations to institutions.
  • Identifying and analyzing industry trends and practices, and institutionspecific operational risks and related risk management.
  • Executing responsibilities under the Operational Risk Management Guideline including supporting guidelines.

Who you are:

You should possess the following attributes:

  • You are an individual with a broad financial industry and risk management perspective.
  • You are keenly interested in contributing your expertise to promote a safer financial system.
  • You have sound knowledge of the current and emerging risks in the financial services industry.
  • You know the techniques used in the measurement and management of current and emerging risks.
  • You are innovative and interested in developing new tools and methodologies to assess and report on operational risk and resilience.
  • You work well with others and enjoy leading people as part of various initiatives.
  • Your critical thinking skills help to inform your decisionmaking.

Work environment:


Our Role:


OSFI is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition.

In fulfilling its mandate, OSFI supports the government's objective of contributing to public confidence in the Canadian financial system.


Our People and Culture:
People are the foundation of our organization.

You will become part of a diverse community that acknowledges everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness.

We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful and diverse workplace.

All employees are encouraged and welcome to join the following networks and participate in their activities and events.

  • Diversity o

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