Ontario Public Service Careers - Job Preview
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Apply By: Sunday, March 2, 2014 11:59 pm EST Print this pagePRINT
 

Approximately 493 individuals applied for this opportunity.

We are currently screening ALL applications received on or before the closing date against position criteria. Applicants whose resume and cover letter best demonstrate how they meet the qualifications to do the job will proceed in the hiring process. Only successful candidates will be contacted.

STUDENT - FINANCE/RISK ASSISTANT
Organization:    Ministry of the Attorney General
Division:    Ministry of the Attorney General
City:    Toronto
Job Term:    1 Temporary position between 7–16 weeks duration, starting in May or June
Job Code:    Student 1 - Student Level 1, Student 2 - Student Level 2
Salary:    $10.25 - $11.10 Per Hour*
Posting Status:    Open
Job ID:    63205
 

This job posting represents multiple positions within different ministries and locations across Ontario noted in the city list above. You will be required to identify the cities you are interested in applying to. Because some cities may be located in distant or remote areas in Ontario please confirm the location using Google Maps when applying. Note: relocation expenses are not covered by ministries.

Describe your skills, knowledge and relevant paid work or volunteer experience in the related questions on this application form. Resumes and cover letters cannot be attached.

To assist you with the application process please visit the Summer Employment Opportunities website and view the following resources:
- Eligibility Requirements
- Apply Online - Student Application Guide - item 1 in Key Resources

What can I expect to do in this role?

Are you a highly motivated, analytical person focusing on Capital Markets and interested in accounting, settlements or risk management? If yes, please consider the Ontario Financing Authority (OFA), the Province's treasury and debt management agency, for your next summer job. The OFA, on behalf of the Province of Ontario, uses sophisticated financial instruments to manage the cost and risks arising from debt issuance and management in domestic and foreign capital markets. For more information about the OFA, please see www.ofina.on.ca.

Summer positions are available in the areas of Accounting, Risk Control and Settlement. These positions will provide students with opportunities to familiarize themselves with debt and related hedging instruments, such as bonds, swaps, futures, and options used by financial institutions and institutional investors; their accounting and settlement, risk monitoring and reporting.

Work Description:

These positions will support different teams on a range of financial initiatives and business activities including:

Accounting
• Assist in the financial reporting process of the Public Accounts and year-end audit
• Assist in the routine tasks of accounting and processing e.g. reconciliation and other reporting functions
• Assist in conducting research on industry best practices pertaining to financial reporting and financial instruments

Risk Control
• Follow established procedures to support the timely generation and analysis of market and credit risk, as well as public debt interest reports
• Use industry-leading applications, such as Bloomberg, to monitor developments in government bond and credit markets
• Provide statistical and other analytical support

Settlements
• Assist in confirming and settling capital markets transactions, preparing wire payments for interest on debt swap, foreign exchange, money market and bond transactions, as well as loan payments
• Assist in maintaining financial transactions in the Ontario Financing Authority's treasury and preparing accounting entries in OFA's systems
• Assist in monitoring each financial transaction throughout the settlement process by ensuring completion, receipt, and payment in order to avoid interest charges, penalties and/or harm to the Province's reputation

For all teams, work may require experience specified/listed in the questions below or other similar tasks as assigned

How do I qualify?

Mandatory
All positions require students to be 15 years of age on the first day of employment with no age limit.

Some positions require students to be 15-24 years of age (or 15-29 years of age if you are a person with a disability) on the first day of employment due to program funding.

Some positions on this job ad will require the successful candidate to undergo a general-level screening check, which includes a criminal record check, at their own expense

Qualification Requirements
Communication and Interpersonal skills
• You apply your written communication skills to prepare a variety of documents (e.g. reports, document findings, record data, presentations, meeting minutes, etc.)
• You apply your oral communications skills to communicate and share your knowledge with staff and/or clients and to present your findings
• You apply your initiative and interpersonal skills to work collaboratively within a multi-disciplinary team

Technical Skills and Knowledge
• You apply your experience using Microsoft Office product suite, such as word processing (Word), spreadsheets (Excel), databases; email and Internet to conduct research and prepare a variety of documents
• You apply your knowledge of the accounting principles of financial instruments to financial reporting
• You apply your knowledge of financial instruments, such as, bonds, derivatives, e.g. swaps, options and money market instruments
• You apply your knowledge of Canadian Depository for Securities (CDS), Depository Trust Company (DTC) and the International Swaps and Derivatives Association (ISDA) terminology

Analytical and Organizational skills
• You apply your planning and organizational skills to collect, organize, review and verify information/data through review of files, reports, and other means
• You can conduct research and perform analysis (i.e. quantitative, qualitative, statistical)and synthesize and summarize information
• You can input data accurately paying close attention to details
• You work independently or as part of a team; you plan, organize and prioritize your time to meet competing deadlines

Pre-Screening Questions

  • *Are you a resident of Ontario?

  • *Are you legally entitled to work in Canada?

  • *Are you 15 years of age or older?

  • *Are you either 15-24 years of age (or 15-29 years of age for a person with a disability)?

  • *Please indicate your student status:

  • *Please indicate when you will be available to start work:

  • *If you are considered for a job that requires a personal security screening check, will you consent to the screening?

  • *Are you willing to be considered for other Summer Employment Opportunities positions, if available?

  • *Tell us why you are interested in this position (2000 character max - response mandatory)

  • *Describe all relevant skills, knowledge and/or experience (volunteer/paid work) which would contribute to your success in this role (2000 character max - response mandatory)

  • *Continue to describe all relevant skills, knowledge and/or experience (volunteer/paid work) which would contribute to your success in this role, or enter "nil" (2000 character max - response mandatory)

  • *List your academic activities including achievements, awards, recognition, etc. (2000 character max - response mandatory)

  • *Experience providing information to clients including answering the phone, e-mail and in-person inquiries

  • *Experience planning, organizing and coordinating routine office work e.g. assemble and prepare information and materials, prioritize tasks to meet competing deadlines

  • *Experience developing and distributing a range of documents e.g. spreadsheets, reports, graphs, agendas, presentations, correspondence etc

  • *Experience conducting research, performing analysis and compiling, synthesizing and summarizing information

  • *Are you interested in applying to the Accounting position?

  • *Are you interested in applying to the Risk Control position?

  • *Are you interested in applying to the Settlements position?

  • *Knowledge of financial instruments, such as bonds, money market instruments, and derivatives, e.g. swaps, futures, and options

  • *Experience with compiling, analyzing, reporting and presenting risk information pertaining to financial instruments, government bonds and credit market data, as well as other financial data

 

Additional information:

Address:  
  • 1 Temporary, duration up to 16 weeks, 720 Bay St, Toronto, Toronto Region
Compensation Group:   Ontario Public Service Employees Union
Schedule:   33.5
Category:   Student Summer Employment Opportunities
Posted on:   Friday, February 14, 2014
 
All external applicants (including former employees of the Ontario Public Service) applying to a competition in a ministry or Commission public body must disclose (either in the cover letter or resume) previous employment with the Ontario Public Service. Disclosure must include positions held, dates of employment and any active restrictions from being rehired by the Ontario Public Service. Active restrictions can include time and/or ministry-specific restrictions currently in force, and may preclude a former employee from applying and/or accepting a position with the Ontario Public Service for a specific time period (e.g. one year), or from applying and/or accepting a position with a specific ministry (either for a pre-determined time period or indefinitely). The circumstances around an employee's exit will be considered prior to an offer of employment.
 
Remember: The deadline to apply is Sunday, March 2, 2014 11:59 pm EST. Late applications will not be accepted.

We thank you for your interest. Only those selected for further screening or an interview will be contacted.



Job advertisements for positions that have been designated bilingual will be provided in both English and French on the website. Positions that are not designated bilingual are not translated and are displayed in English only on both the English and French versions of the website.

Les annonces d'emploi pour les postes désignés bilingues sont publiées en anglais et en français sur le site Web. Les annonces pour les postes qui ne sont pas désignés bilingues ne sont pas traduites et elles figurent en anglais seulement, tant dans la version française que dans la version anglaise du site.


The Ontario Public Service is an inclusive employer.
Accommodation is available under the Ontario Human Rights Code.

Note: The only website where you can apply on-line for positions with the Ontario Public Service is http://www.gojobs.gov.on.ca

 
*Indicates the salary listed as per the OPSEU Collective Agreement.
 
 
 
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