Analyst, Resolution Planning

Location: Ottawa
Competition #: 1152

Would you like to join a dynamic group of professionals that contributes to the stability of Canada’s financial system? If you have experience in the public sector authorities (in particular resolution and supervisory authorities), or professional services firms focused on the financial services industry, or banks, investment firms, asset management companies, then this is your chance to build your career with CDIC.

CDIC is the resolution authority for banks. Our team at CDIC is responsible for the planning to resolve them. Working for this team you will carry out specific tasks to plan and prepare for the resolution of a bank and will work with other domestic regulatory agencies and foreign jurisdictions where our banks have presence. We continue expanding our team to full capacity and we are looking for people with diverse experience and background. CDIC has an immediate opening for an Analyst in the Resolution Planning team.

Accountabilities

  • Analyze large volumes of highly confidential information and distil the information in a cogent format;
  • Assist in identifying, understanding and proposing strategic options to support a plan for an orderly resolution of a member failure;
  • Contribute to the preparation of written reports and presentations to a highly sophisticated audience of decision makers;
  • Liaise with representatives from member institutions to request appropriate data;
  • Work collaboratively with other financial safety net agencies and contribute to cross-agency or international forums;
  • Contribute to the enhancement and maturation of CDIC’s preparedness capabilities for a large bank failure;
  • Stay abreast of domestic and international trends on financial stability and related policy initiatives;
  • Support planning, organizing and running of the Crisis Management Groups with participants from the banks, and key domestic and foreign authorities;
  • Monitor international trends in bank resolution to ensure that CDIC maintains best practices in this regard.

Qualifications and Experience

  • The ideal candidate will be bilingual with a post-graduate degree in either Accounting, Finance, Economics or equivalent. A professional designation is an asset.
  • 3-5 years of experience in finance, accounting, or financial analytics and preferably with exposure to treasury, corporate finance and/or mergers and acquisitions, or capital markets.
  • Ability to research and create analyses on a wide range of topics related to banking activities, such as funding and liquidity management, capital management or trading activities.
  • Understanding of banking processes and operations, and relevant legislation and regulatory oversight of banks, particularly in a large bank environment;
  • Understanding of the economic and policy issues affecting the Canadian financial system and how they might impact CDIC’s membership;
  • Proficiency in performing financial analyses and ability to contribute to preparation of written reports and presentations for a variety of audiences (proficiency in standard MS Office suite)

Competencies

  • Communication (Excellent written and verbal communication skills are essential)
  • Working with Others (Collaborating and Relationship Management)
  • Adaptability
  • Initiative/ Innovative Thinking
  • Planning and Organizing

Conditions of Employment/Security Clearance: Level I, Reliability
Language Requirements: Bilingual BBB

Important Notes:

  1. One permanent position is currently available, and a pool of pre-qualified candidates may be established to staff future similar positions within CDIC with various tenures, and bilingual linguistic profiles.
  2. Due to Canadian immigration regulations, we can only consider applications from Canadian citizens or other individuals legally entitled to work in Canada and obtain necessary security clearances. Please indicate in your cover letter the reason for which you are entitled to work in Canada: Canadian citizenship, permanent resident status or work permit.
  3. CDIC is a federal agency (separate employer) and does not fall under the Public Service Employment Act.
  4. CDIC is committed to Employment Equity and encourages the equitable participation of all Canadians. If your application is retained and you require any special accommodation during the selection process please advise us. Information received relating to accommodation measures will be addressed confidentially.
  5. CDIC offers a collegial work environment with highly skilled people, competitive compensation as well as interesting, innovative work. We invite you to forward your résumé and covering letter describing how you could contribute to our organization at hrcdic@cdic.ca. Please quote competition #1152.
  6. We would like to thank all candidates who apply however, only those selected for an interview will be contacted.