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 and Technical Lead will provide expert technical and strategic 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. The successful candidate will foster leadership and 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?
In this role, you will:
- Lead and/or provide regulatory thought leadership, advice and technical expertise for the establishment of expert working/advisory committees
- Lead the conceptualization, development, implementation, evaluation and negotiation of strategies, business plans, and service objectives to drive FSCO/Ontario's financial services policy agenda, legislative/regulatory framework, and related policies
- Plan, manage and provide expert policy and technical leadership and/or act as a special advisor/technical expert for the development, implementation and revision of financial services legislation, policies, processes, qualitative/quantitative performance indicators, benchmarks, and risk assessment/management measures to support the regulation of the financial services industry in Ontario
- Lead and/or provide specialist policy/technical advice for the preparation of House Notes, and other correspondence
- Provide oral briefing presentations, specialized expertise, and strategic advisory services
- Represent FSCO in developing, building and managing partnerships and business relationships with senior officials in the financial services sector, and the legal community
Location: North York
How do I qualify?
- you have knowledge of government mandate, strategic directions and priorities to ensure that Government/Ministry/agency/stakeholder objectives are considered in the development of policy/legislative/regulatory submissions;
- you have technical expertise related to the interpretation and application of Ontario financial services sector legislation (e.g., FSCO Act, Insurance Act, Mortgage Brokers, Lenders and Administrators Act, Credit Unions and Caisses Populaires Act, Co-operative Corporations Act, and Loan and Trust Corporations Act of Ontario);
- you have knowledge of broad domestic and international political, economic, governance, and regulatory environment that could impact regulatory policy development in Ontario/Canada's financial services sector;
- you have knowledge of policy development principles/processes, and project management to design, plan, and manage policy development, options analyses, and implementation plans, that integrate a range of fiscal and political factors;
- you have knowledge of financial services regulation/legislation of the federal government and other provincial jurisdictions, and the financial services regulatory environment across Canada;
- you have knowledge of computer software and databases to conduct research, and prepare briefing materials, reports, presentations, correspondence and project plans/reports.
Leadership & Relationship Management Skills:
- you can establish/lead expert advisory committees and project teams;
- you have political acuity and strategic thinking skills to understand the political impacts for the financial services sector issues and legislation/policy recommendations, and to provide effective strategic policy advice;
- you have project management skills to effectively lead concurrent large-scale strategy development and legislation/policy initiatives;
- you can provide policy expertise and strategic advice to senior management to the Minister level on financial services sector issues, key developments in other jurisdictions and developments impacting legislation/regulation in the financial sectors;
- you can develop and maintain key stakeholder relationships and partnerships to build cross-jurisdictional stakeholder relationships and networking processes, and to represent the Government of Ontario/FSCO on inter-jurisdictional working committees;
- you can consult on policy research, and discuss the political/fiscal, economic, and regulatory ramifications of emerging/identified issues with provincial and other governmental stakeholders.
Research & Analytical Skills:
- you can lead the provision of strategic advice/expertise on directions and key objectives pertaining to the financial services sector;
- you can assess the ramifications of provincial and other jurisdictional policy proposals, to provide strategic advice to senior management;
- you can evaluate a range of conceptual and quantitative data and intelligence, to develop policy/program recommendations and strategies;
- you can lead the analysis of a wide range of high-profile, diverse and emerging industry and public stakeholder issues/needs;
- you can assess the regulatory impact of emerging issues/trends in the financial services sectors and FSCO legislative/policy proposals, and determine/recommend innovative risk management legislative/policy solutions for effective regulatory management.
Communication & Presentation Skills:
- you can explain and promote a policy position or strategic options to Senior Executives and present research results/analyses;
- you can prepare complex analyses, detailed strategies, policy frameworks, House Notes, Cabinet/Management Board policy submissions, policy presentation materials, briefing documents, and executive correspondence.
Salary Range: $75,924 - $110,352 per year
- 1 Temporary, duration up to 24 months, 5160 Yonge St, North York, 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 115833 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.