The Financial Services Commission of Ontario (FSCO) seeks proven leaders in the regulatory or financial service environment to manage the delivery of market conduct compliance and risk management operations for all financial service sectors in Ontario that are regulated by FSCO, to safeguard and protect consumers, and to ensure a viable and functional financial service market place in Ontario. Consider this opportunity to join a dedicated senior management team in a fast paced environment.
What can I expect to do in this role?
• lead and oversee the planning and management of compliance teams responsible for the delivery of market conduct and prudential examination, review, and audit projects;
• review compliance risk assessment operations and project results, and authorize notifications to financial institution officials and intermediaries of findings and compliance requirements;
• authorize regulatory enforcement action within legislative authority;
• manage the provision of technical advisory and consultation services to stakeholder sectors on the interpretation and application of FSCO legislation and compliance requirements;
• lead the development and management of partnership relationships with all financial service sectors in Ontario, to consult on regulatory matters that impact sector operations;
• lead the assessment of market conduct risks, impacts and issues, and the provision of strategic advice and issues management strategies/solutions to the Director, Executive Director and CEO/Superintendent;
• lead/manage research projects for compliance program development and implementation;
• participate as a member of the branch/division management team, and act for the Director, Market Regulation Branch as assigned;
• lead division, FSCO, inter-ministry and sector committees and project teams.
How do I qualify?
Experience within the financial service sectors in Ontario:
• proven knowledge/experience related to business operations, product development, the distribution of financial products/services, or risk management primarily within FSCO regulated sectors. Experience working with financial services intermediaries.
Knowledge in a financial services environment:
• proven comprehensive knowledge and expertise related to market conduct, compliance and governance principles or;
• proven excellent knowledge or accounting or audit theory, principles, and methods, practices and within financial service sectors; or
• proven excellent knowledge of risk management or internal audit theory, principles, methods and practices. Knowledge of risk-based regulatory techniques.
Strategic orientation, leadership and management skills:
• strategic orientation with proven excellent leadership skills;
• demonstrated operational management skills and experience in planning, leading and managing the delivery of financial services or audit, compliance or regulatory operations.
• proven excellent human resources management skills to effectively lead and manage a staff team.
• Experience working in a union environment.
Analytical, decision making, issues management, and project management skills:
• proven excellent analytical skills to identify significant issues which impact the organization, and to develop and implement effective solutions;
• proven excellent risk assessment and decision-making skills to authorize notifications and regulatory enforcement actions;
• proven project management skills to lead program/process development projects and to manage deadlines and competing priorities
Relationship development/management, communication and consultation skills:
• demonstrated relationship development/management skills to represent the government/FSCO with licenees and officials in all regulated financial service sectors;
• demonstrated superior verbal communication and presentation skills to provide compliance and regulatory expertise, advice and briefings to stakeholders, senior management and the CEO/Superintendent;
• demonstrated superior written communication skills to produce team service plans/standards, technical analytical reports, policy/procedure recommendations, issue briefings, and project plans/reports.