A challenging opportunity exists in the Financial Service Regulatory Policy Unit of the Financial Services Commission of Ontario (FSCO). The financial services sector is rapidly changing and evolving, resulting in new risks and complexities for the sector. The Senior Policy Analyst will provide expert technical analysis and strategic policy advice to FSCO executives and management/officials of the Ministry of Finance on the development of solutions and recommendations related to financial services regulation in Ontario, with special expertise in and emphasis on the insurance and deposit institution sectors. The successful candidate will support innovation and assist FSCO in meeting its overall goal of being an effective integrated regulator that is evidence-based, and proactive and has the flexibility to adapt to rapidly changing regulatory circumstances.
What can I expect to do in this role?
As a Senior Policy Analyst, you will:
- provide financial services regulatory policy thought leadership in conducting and coordinating projects, policy research and analysis, with particular emphasis on the insurance and deposit institution sectors;
- lead all aspects of policy and program planning, development, evaluation and analysis involving integrated teams, including Policy, Operations, Compliance, Legal and Strategic Communications;
- lead/conduct environmental scans to identify key trends/innovations to determine risks in the regulation of the financial services sectors, with particular emphasis on the insurance and deposit institution sectors;
- lead/conduct research and analyze financial services sector policy/trends in other jurisdictions, with particular emphasis on the insurance deposit institution sectors;
- lead/coordinate and participate in intergovernmental forums and working groups to review strategic policy issues;
- provide policy/technical advice and guidance to FSCO management and staff and external stakeholders.
How do I qualify?
Research, Analytical & Problem-Solving skills:
- you have expert knowledge of policy research methodology, financial market analysis and innovation, environmental scanning, modelling, trends forecasting, policy development and implementation methods/strategies to lead policy research and development projects related to the insurance and deposit institution sectors in Ontario;
- you have advanced knowledge of Government policy direction, financial-economic climate, and views of the public, to anticipate requirement for new policies, operating guidelines, regulations and legislation;
- you have advanced knowledge of Ontario's financial services regulated sectors (with particular expertise in insurance and deposit institution sectors) to obtain and assess input and address needs in policy analysis/development and options/recommendations;
- you have advanced ability to evaluate other jurisdictional policy submissions to assess impacts on existing programs and related financial services legislation/regulation in Ontario;
- you have advanced ability to identify and analyze emerging/sensitive/contentious policy issues/trends, policy/legislation impacts and opportunities affecting the financial services sector in Ontario and ability to develop solutions.
Project Management & Consultation skills:
- you have advanced project management skills to lead policy projects and their teams;
- you have advanced consultation and stakeholder relations skills to lead external stakeholder consultations and establish and maintain effective internal and external working relationships.
Stakeholder Relationship & Communication skills:
- you have expert strategic communication skills to draft and present reports, issue briefing notes, correspondence, and Cabinet submissions;
- you have extensive experience successfully presenting and explaining materials and recommendations to senior management, industry professionals, and members of the public;
- you can represent FSCO at conferences/seminars and to sector stakeholders, being able to respond to issues and promote policy initiatives;
- you can establish stakeholder linkages within and across jurisdictions and work cooperatively on policy development projects.
- you have knowledge of and skills in insurance and deposit institution sector policy across Canada, regulation and legislation, and the economic and financial environment in which these sectors operate, to provide advisory services to FSCO senior management;
- you have advanced knowledge of government legislative/decision-making processes to lead/participate in the development of strategies related to regulation of financial services;
- you have advanced knowledge of relevant provincial legislation related to the provincial financial service regulatory agenda, as well as governance, funding and critical policy issues.
Salary Range: $70,538 - $103,944 per year
- 1 Temporary, duration up to 24 months, 5160 Yonge St, Toronto, Toronto Region
- Less qualified applicants may be considered on an underfill basis.
Please apply online, only, by Friday, January 19, 2018, by visiting www.ontario.ca/careers and entering Job ID 115832 in the Job ID search field. Please follow the instructions to submit your application. Faxes are not being accepted at this time.
If you require accommodation in order to participate in the recruitment process, please contact us at www.gojobs.gov.on.ca/ContactUs.aspx to provide your contact information. Recruitment Services staff will contact you within 48 hours. Only those applicants selected for an interview will be contacted.
The Ontario Public Service is an inclusive employer. Accommodation will be provided in accordance with Ontario’s Human Rights Code.