At FSRA, our vision is to ensure financial safety, fairness, and choice for Ontarians. As a financial services regulator, we’re passionate about protecting consumers. Our principles-based approach means we can quickly and effectively respond to the changing needs of consumers and the industry.

Our team combines industry expertise with commitment to public service. We attract individuals who are interested in meaningful work and who measure success through outcomes, not inputs.

At FSRA, we invest in the personal and professional growth of our team. We offer a competitive compensation package that includes an employer-matched

defined benefit pension plan

, and a comprehensive and competitive benefits plan. We prioritize learning and development, wellbeing, diversity, equity, inclusion and belonging, and community giving.

Join FSRA and help us shape the future of regulation for generations to come!

Job Description:

Purpose of Position

Accountable for providing expertise and leadership to the development and delivery of supervisory practices and the coordination of training and development activities in support of overall Credit Union and Insurance Prudential (CUIP) division strategies.

Key Responsibilities

• Supports in the development and delivery of supervisory programs or services, ensuring consistency with divisional standards, best practices, and overall FSRA directions.
• Collaborates with other CUIP teams to provide expertise and support operationalization of FSRA’s Risk Based Supervisory Frameworks (for Credit Unions and Caisses Populaires (“Credit Unions”) and Ontario-incorporated Insurance Companies and Reciprocal Insurance Exchanges (“Insurers”)), rules, and guidance that promote and optimize accuracy, consistency, effectiveness, and efficiency of supervisory assessments.
• Provides expertise and leadership to the development, enhancement, and maintenance of FSRA’s Risk Based Supervisory Frameworks (for Credit Unions and for Insurers) and supporting documentation to provide direction for assessments, including but not limited to identifying areas where additional or more detailed documentation of practices would lead to better supervisory outcomes and ensure that associated practices are appropriately optimized.
• In collaboration with management and other CUIP subject matter experts, conducts training for supervisors to enhance their application of the Risk Based Supervisory Frameworks to ensure supervisory assessments are accurate and consistent, and applied proportionately.
• Leads or supports the development and implementation of workplans for FSRA Rules and Guidance, as required.
• Participates periodically in the risk-based supervisory assessment of Credit Unions and Insurers, including the associated quality assurance processes to contribute to the determination of risk profiles.
• Leads or supports on projects within and outside the department to represent its interests in program or service decision making.
• Promotes and supports the implementation of innovation and continuous improvement. Supports critical change and a collaborative forward-thinking culture, commitment to continuous growth and learning, and effectively works with others to achieve this.

Qualifications

Education and Experience

• University degree in finance, commerce, business, economics, law, or related field; Master’s degree and/or relevant professional designations (e.g. FRM, CPA, CFA, CIA) are preferred - or a combination of education, training and experience deemed equivalent.
• 7-10 years’ experience in financial services, specifically credit unions, banks, and insurers.
• 5+ years’ experience in the delivery of programs or services in supervision, regulation, policy and/or risk.
• Experience in developing and implementing supervisory methodology and practices for supervising and assessing risk profiles of financial institutions.
• Experience in developing and delivering training on technical subject matter to diverse audiences.
• Experience in writing, reviewing, and editing regulatory technical documentation (e.g., manuals, guidance, practices).

Knowledge and Skills

• Demonstrated knowledge of risk-based supervision and principles-based regulation is preferred.
• Knowledge of current and emerging trends in supervising financial institutions.
• Comprehensive knowledge of and skills in applying financial analysis techniques and conducting risk and controls analysis.
• Demonstrated knowledge of risk management practices as they apply to financial institutions.
• Proven ability to collaborate effectively within a multi-team environment.
• Knowledge of project management and learning and development programs.
• Excellent written communication skills to prepare complex analysis, detailed strategies, guidance, rules, policies, and presentation materials.
• Effective facilitation skills to conduct training for supervisors to enhance their application of the Risk Based Supervisory Frameworks.
• Strong organizational skills with the ability to prioritize multiple tasks in a fast-paced environment with focused attention to detail.
• Well-developed analytical, critical thinking and problem-solving skills.
• Knowledge of property and casualty insurance and non-financial resilience, an asset.

*Please note that this position will close at 11:59PM on October 7 2025*

Job Posting End Date:

10/07/2025

Job postings close at 11:59pm on the date noted.

Compensation Grade:

Grade 07-AMAPCEO

Compensation Range:

$88,496.00

$128,625.00

Bargaining Unit:

AMAPCEO

Job Code:

Job Code: 7A001F

Employment Type:

Regular

Scheduled Weekly Hours:

36.25

FSRA is committed to ensuring equity in employment. Our goal is to create a diverse, inclusive workforce that reflects the communities we serve and to ensure our services and communications are accessible to all individuals. Accommodation is available under the Ontario Human Rights Code.

NOTE: ONLY QUALIFIED CANDIDATES WILL BE CONSIDERED