Senior Analyst, Macro Surveillance and Analytics

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, comprehensive and competitive benefits plan, a hybrid work model and flexible work arrangements. We prioritise 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:

*This is a 12-Month Fixed Term Position*

Purpose of Position

Responsible for performing surveillance of the macroeconomic environment that could impact the regulated sectors and creates reports in support of the overall Data, Surveillance, and Reporting strategies. Responsible for leading the development of data collection and management tools, protocols, and data standards for regulated entities.

Key Responsibilities

• Provides expertise and input to the development, enhancement, and implementation of frameworks and systems, including but not limited to enhancing the Risk Based Supervisory Framework.

• Leads the development of data standards that define data accuracy, completeness and timeliness of filings.

• Identifies and incorporates emerging data needs and sources to support supervisory assessments.

• Validates accuracy of regulatory calculations and prepared reports.

• Ensures data is organized and stored in a manner that supports future analytical uses and possible machine learning use cases.

• Provides subject matter expertise on data, tools and systems.

• Develops tools and manages and analyzes macroeconomic data to perform surveillance of the macroeconomic environment that could impact the regulated entities and sectors.

• Designs and develops data visualizations and reports that will be used by CUIP Supervision teams, FSRA’s Board and CEO, credit unions and insurance companies, and other external stakeholders (e.g. other regulators). Designs ad hoc reports and data collection tools for future data collection and reporting.

• Develops and maintains business relationships across the Credit Union and Insurance Prudential Function to provide data expertise, collaboration and support in decision making and other initiatives as required.

• Provides leadership to the development and implementation of Data, Surveillance, and Reporting department programs/services/initiatives, plans, methods, tools, and processes.

• Leads collaboration with regulated entities to resolve data quality issues.

• Leads the development of data collection and management tools, protocols and data standards in collaboration with IT.   Establishes the monitoring and status of critical data elements.

• Assists in reviewing and establishing tailored data inputs, including data profiling, cleansing and monitoring.

• Identifies data anomalies, inconsistencies and gaps, and develops strategies to address issues. Ensures data accuracy, consistency and relevance to support effective data governance.

• Collaborates with stakeholders to identify opportunities to improve data accuracy and ensure that data owners are accountable for data quality.

• Leads collaboration with data users to understand and document data requirements. Leads the conversion of user requirements into technical specifications for data integration and reports. Conducts regulatory data and information reception activities of credit unions and insurers.

Qualifications      

Education and Experience

• Degree in economics, finance, math, information management, data engineering, engineering, computer science or other quantitative disciplines.

• Experience with financial analysis or accounting in a finance setting preferred.

• Experience with regression, analytics, and visualization technologies and tools to manipulate large data sets to analyze, test, validate, visualize, and report data (e.g. SQL scripting, SQL Server Reporting Services, PowerBI Report Server, Python, Dataiku, C++, R, Tableau).

• 4+ years of hands-on technical experience with data repositories, BI systems and large data sets.

• Experience with data analysis to identify patterns and trends, coupled with enhancement recommendations to support decision-making and process improvement to Senior Leadership.

• Experience with front-end scripting languages such as CSS/HTML/Java Script is an asset.

Knowledge and Skill

• Expertise in research, understanding, enforcement and monitoring of data regulation, while ensuring all data policies comply to FSRA standards.      

• Knowledge of statistics and methods for analyzing qualitative and quantitative data.

• Financial analysis skills in a financial setting. Ability to learn new concepts and quickly apply new knowledge.

• Excellent communication skills and ability to be the link between business and technical teams.

• Strong technical knowledge and experience in developing data engineering solutions.

• Clear understanding of data architectures and concepts of structured and unstructured data types.

• Problem solving skills to resolve significant integration and technical issues to address system/application linkages, interdependencies and assess potential impacts.

• Strong analytical skills and ability to exercise judgment in selecting methods, techniques, and data evaluation criteria.

• Excellent planning and organizational skills with high attention to detail to analyze large datasets, perform analysis and validate data integrity.

• Team leadership skills to guide staff and project teams, providing clear direction, aligning objectives with organizational goals, fostering collaboration, promoting skill development, and setting a strong example through commitment to quality and problem-solving.

• Strong knowledge of machine learning concepts.

• Ability to set priorities, meet deadlines and manage multiple initiatives independently while leveraging cross-functional resources.

*Please note that this position will close at 11:59PM on May 21st 2025*

Job Posting End Date:

05/21/2025

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

Compensation Grade:

Grade 06-AMAPCEO

Compensation Range:

$82,217.00

-

$121,155.00

Bargaining Unit:

AMAPCEO

Job Code:

Job Code: 6A001F

Employment Type:

Fixed Term (Fixed Term)

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