Managing Director, Market and Liquidity Division

Reference number: SIF25J-15
Selection process number: 24-25-SIF-EA-11144

Office of the Superintendent of Financial Institutions Canada- Market & Liquidity Risk Division (MLRD)
Toronto(Ontario)
EX-05, RE-REX-08- NOTE: This position is classified at the REX-08 group and level which is roughly equivalent to the EX-05 group and level.
Indeterminate
$198,700 to $248,300

Closing date: 13 March 2025 - 23:59, Pacific Time

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

We are committed to providing an inclusive and barrier-free work environment. If you need accommodation 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.

Duties

The Managing Director, Market and Liquidity Risk Division is responsible for directing a centre of expertise in an area of financial risk, such as liquidity risk, trading market risk, non-trading market risk, and counterparty credit risk. The MD manages the specialist support to OSFI's lead supervisors in risk assessments of federally regulated financial institutions and federally regulated pension plans, works collaboratively across OSFI in developing and implementing OSFI regulations, and other broader initiatives. Developing, coaching, and leading staff (at all levels, including executive) is a key responsibility of this position.

Work environment

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 and to ensure they protect themselves against threats to their integrity and security.

Intent of the process

The immediate need is to staff one position on an indeterminate (permanent) basis, with a language requirement of English Essential.

Positions to be filled: 1

Information you must provide In order to be considered, your application must clearly explain how you meet the following (essential qualifications)

ESSENTIAL EDUCATION:
• A degree from a post-secondary institution with specialization in finance, risk management, mathematics, actuarial science, economics, accounting, computer science, or other relevant field OR
An acceptable combination of relevant experience AND education or training.

ESSENTIAL EXPERIENCE:
• Leadership experience at the executive level managing a team.
• Significant experience in leading, planning, and carrying forward multi-step or multi-disciplinary initiatives.
• Significant experience working with the assessment, management, or control of financial risk in the financial services industry.
• Significant experience working within the financial services industry, consulting to the financial services industry, or in the supervision of financial institutions in one or more of the following areas:
- Treasury activities in one of the following functions: asset-liability management, liquidity risk management, funding, or front-office and cash management
- Capital markets groups in one of the following functions: front-office trading, trading floor support, or middle-office risk controls
- Risk management functions supporting treasury or capital markets groups.

Conditions of employment

Reliability Status security clearance.
• In our hybrid workplace environment, the ability to work remotely from home within Canada with access to the Internet in one's residence is a condition of employment.
• Agreement to be deployed into another REX position within OSFI at the same level.

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.

We thank all those who apply. Only those selected for further consideration will be contacted.