Senior Supervisor, Enforcement Division
Take a central role
The Bank of Canada has a vision to be \xe2\x80\x9ca leading central bank-dynamic, engaged and trusted-committed to a better Canada.\xe2\x80\x9d No other employer in the country offers you the unique opportunity to work at the very center of Canada\'s economy, in a diverse and inclusive organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in an environment where we are reinventing central banking, renewing ways of doing business and reinforcing a culture of innovation.
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The location for the positions may be Ottawa or Toronto based on candidate location.
Current availabilities are a mix of permanent and term vacancies. In addition to the current vacancies, this poster will also be used to fill other Senior Supervisor positions (term or permanent) within the Supervision Department that may become available in 2023.
For permanent positions, employees will follow the Banks hybrid work model and will be expected to live within reasonable commuting distance of the Ottawa or Toronto (downtown) office.
For term positions, employees who do not live within reasonable commuting distance of the Ottawa or Toronto (downtown) office will be able to work 100% remote (within Canada) for the duration of the term. Candidates interested in a secondment or interchange are also encouraged to apply.
For additional information regarding our Remote work / Hybrid Work Model, please refer to the "what you need to know" section below.
About Supervision Department
The payments landscape in Canada and globally is changing rapidly. The rapid pace of technological change in Canada and around the world is introducing new and better ways for consumers and businesses to make payments.
The federal government is implementing a new Supervisory Framework under the Retail Payment Activities Act. Under this Framework, the Bank of Canada would supervise retail payment service providers\' (PSPs) compliance with operational risk management and fund safeguarding requirements and maintain a public registry of regulated PSPs.
The Bank will assess whether PSPs are complying with the Act and associated regulatory requirements, including assessing if they are adequately managing their risks and help identify areas where their risk-management practices should be improved. To fulfill its mandate, the Bank will have a suite of compliance and enforcement tools and will be authorized to promote compliance and take enforcement actions, including imposing administrative monetary penalties and entering into compliance agreements.
What you will do
As a Senior Supervisor in the Enforcement Division, you will contribute to fulfilling the Bank\'s Supervisory mandate by participating in the design, implementation, review, and assessment of the legislative and regulatory authorities of the Bank related to enforcement. You will assist in developing operational policies, procedures, and training materials for enforcement staff. You will also help create and implement working documents for the enforcement program.
In addition, you will:
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