Career Level Executive
Experience 5-10 years
Qualifications Master’s Degree
Regulatory Strategy and Research Branch
The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, adjudication and enforcement work. The OSC also contributes to national and global securities regulation development.
The Regulatory Strategy and Research Branch is responsible for the delivery of economic, regulatory, and financial research and analysis that supports the development of OSC regulatory strategy and policy recommendations. The Branch advises on, and informs, the OSC’s strategy, priorities, regulatory operations decisions, and discussions with other regulatory bodies and agencies concerned with financial stability. The Branch also supports both investors and market participants through the Inquiries and Contact Centre.
Join the OSC in this immediate opening with the Regulatory Strategy and Research Branch, and take the opportunity to build on your economics expertise. Reporting to the Director and Chief Economist, the Senior Economist partners with the Commission’s staff to apply economic analysis to policy issues. This includes assessing the potential economic impacts of rule changes and considering how those changes may impact the competitiveness of the markets we regulate.
Specifically, as a Senior Economist, you will be expected to:
- Prepare in-depth research reports.
- Work with others to identify key research questions relevant to the OSC’s policy and operational activities.
- Conduct analysis and prepare written reports and briefing notes on the research completed.
- Deliver presentations on the research to staff, management and the Commission, as well as staff and management from other CSA members.
- Provide high-quality advice and analysis to OSC staff and executives.
- Demonstrate professional expertise to anticipate questions and issues as well as mitigate business problems.
- Analyze current and potential economic and financial market trends to identify areas of potential impact for the OSC.
- Provide input on data collection needs, approaches and best practices, and quantitative analytical support to OSC policy and operational staff.
- Assess the impact of regulatory and operational decisions.
- Work with staff to apply the OSC’s regulatory impact analysis framework to new and changing rules, so as to meet the OSC’s statutory obligation to conduct a quantitative and qualitative analysis of anticipated costs and benefits of regulatory changes.
- Work with policy staff to identify key metrics that can be used to measure the success of a policy change as part of a post-implementation analysis.
To be successful in this, you will need to have:
- Undergraduate degree and postgraduate / master’s level degree in Economics or equivalent;
- At least 5 to 7 years’ experience in government, the financial industry or a similar role;
- Proven skills in conducting economic analysis and communicating results to a broad audience, including non-economists;
- Demonstrated experience conducting impact analysis or cost-benefit analysis;
- In-depth knowledge of securities trading, asset management, risk analysis, behavioural economics, public policy and/or survey design would be an asset;
- High level of proficiency in the use of analytical tools, combined with proven abilities in data management and analysis;
- Resourcefulness and ability to demonstrate superior analytical thinking;
- Ability to communicate technical subject matter effectively to a diverse audience, both verbally and in written reports;
- Ability to work independently and as part of a team.
Grow your career and make a difference working at the OSC!
Apply online (https://www.osc.ca/en/about-us/careers-osc) by Friday, August 6, 2021, at 11:59 pm EST.
We thank all applicants for their interest in the Ontario Securities Commission. We will contact those selected for an interview.
The OSC is committed to diversity and providing an inclusive workplace. It is our priority to ensure employment opportunities are visible and barrier-free to all under-represented groups, including, but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the LGBTQ2S community, to achieve an employee demographic profile reflective of the demographic profile of Ontarians.
The OSC is a proud partner with the following organizations: BlackNorth Initiative < https://blacknorth.ca/ >, Canadian Centre for Diversity and Inclusion < https://ccdi.ca/ >, and Pride at Work Canada < https://prideatwork.ca/
If you require an accommodation during the recruitment process, please let us know by contacting our confidential inbox HRRecruitment@osc.gov.on.ca. Visit Accessibility at the OSC < https://www.osc.ca/en/accessibility-osc > to review the OSC’s policies on accessibility and accommodation in the workplace.