Office of the Superintendent of Financial Institutions Canada.
Vancouver (British Columbia), Ottawa (Ontario), Toronto (Ontario), Montréal Island (Québec)
Tenure: 4 month term (January to April 2024, with the possibility of extension)
$16.00 to $28.57 per hour (Student salaries are based on the academic level a student has completed. Please see the Students Rates of Pay link for a more detailed breakdown of the rates of pay.)
For further information on the organization, please visit Office of the Superintendent of Financial Institutions Canada.
Students Rates of Pay
Standard on Security Screening: Appendix D
List of validated post-secondary academic institutions and programs
Closing date: 3 December 2023 - 23:59, Pacific Time
Who can apply:
Persons residing in Canada, and Canadian citizens and Permanent residents abroad
Open to: Members of the following Employment Equity groups: Aboriginal persons, visible minorities, persons with disabilities, women
We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.
This opportunity is open to students who self-declare as belonging to one or more of the following Employment Equity designated groups: women, Aboriginal* Peoples, persons with disabilities and members of visible minorities (Black people and other racialized groups).
OSFI believes in offering employees flexibility and in creating a workplace that is productive, engaging, collaborative, and inclusive, all the while being supportive of employees’ wellbeing. As such, OSFI is experimenting with a hybrid work model (a combination of telework and onsite work) that will shape how we use our physical workplace to establish new norms, ways of collaborating, and working together and will adjust its model based on lessons learned.
POSITIONS LOCATION / WORK ARRANGEMENTS:
Due to the nature of the work and operational requirements, this position requires physical presence at the designated work location, and as such, the successful candidate will be required to perform some in-office work from one of the OSFI offices (Toronto, Ottawa, Montreal, Vancouver).
The option of teleworking is available on a part-time basis in accordance with OSFI’s Guidelines on Telework. Teleworking arrangements are determined on a case-by-case basis depending on the nature of the work required by the position, the operational and business needs, as well as the candidate’s work preferences.
OSFI is committed to achieving a representative workforce that reflects the diversity of the Canadian population. We are dedicated to building and promoting a diverse, equitable and inclusive workforce, representative of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio-economic background or lived experience. By embracing diversity and inclusion, our department ensures broader discussions, better decisions, and a more positive workplace.
We invite you to be part of the change by joining an organization where individual differences are recognized, valued and respected. We welcome all candidates to apply and strongly encourage candidates to self-declare if they belong to an Employment Equity designated group: Aboriginal* Peoples, Persons with Disabilities, Women or Visible Minorities (Black people and other racialized groups).
- The term “Aboriginal” is used within this job advertisement as it relates to the Employment Equity Act and other legislative frameworks. The term “Indigenous” is used where possible, in alignment with the United Nations Declaration on the Rights of Indigenous Peoples. Indigenous refers to North American Indigenous people as members of First Nations, Inuit, or Métis. North American Indigenous people or members of First Nation include treaty, status or registered Indigenous people, as well as those non-status and non-registered.
Achieving a representative and diverse workforce has been identified as an organizational need for OSFI and may be applied at any time during this appointment process. If this criterion is used, only those who have indicated that they are members of the specified designated group(s) will be considered. As such, first consideration for an appointment may be given to candidates who self-declare as belonging to one or more of the four designated employment equity groups (Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women).
In order to self-declare, please ensure to check off the appropriate box within the online application under the Employment Equity section. We encourage you to consult theses links to learn more about employment equity and self-declaration:
Are you interested in gaining experience in the Federal Public Service? You’ve come to the right place! OSFI is looking for students to fill many exciting and challenging positions in various areas such as:
- accounting/audit, finance, statistics and economics;
- risk management;
- communications, translation;
- office administration, project management;
- business administration, law, data analysis;
- political sciences, human resources, social sciences;
- programming, user interfaces, databases, social media, graphic design.
Are you a student looking for your next co-op placement? Choose the Office of the Superintendent of Financial Institutions (OSFI) to gain valuable, meaningful hands-on work experience. As a Top 100 employer, OSFI strives to create a diverse and inclusive workforce and strongly believes in investing in its people.
THE PROFILE OF STUDENTS WE ARE LOOKING FOR
You should possess the following attributes:
- You are keenly interested in contributing your expertise to promote a safer financial system;
- You have the ability to communicate effectively, both written and verbal;
- You have excellent organizational skills and time management skills;
- Your critical thinking skills help to inform your decision-making;
- You want to work in an interesting, diverse and fast-paced environment.
OSFI is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition. In fulfilling its mandate, OSFI supports the government's objective of contributing to public confidence in the Canadian financial system.
Learn more about us https://youtu.be/QO_3vnPKuZI
Our People and Culture:
People are the foundation of our organization. You will become part of a diverse community that acknowledges everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness. We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful and diverse workplace. All employees are encouraged and welcome to join the following networks and participate in their activities and events.
- Diversity of Thought
- Family Responsibilities
- Mental Health and Accessibility
- Multiculturalism (Affinity Groups: Indigenous, Asian, Black)
- Unconscious Bias
Hear about our people https://youtu.be/diUspmpYWQI
Compensation: OSFI offers a competitive salary, and employees may be eligible for in-range increases and economic adjustments. Salaries are based on qualifications, experience and knowledge. The Public Service Pension Plan is a defined benefit pension plan (indexed for inflation), where both the employer and the employee contribute.
Performance Pay: OSFI employees are eligible for an annual bonus based on their performance throughout the year.
✈️ Vacation and Leave: OSFI employees start with 4 weeks of paid vacation, 2 personal days and 5 days of Family Related Leave with Pay among other various types of paid and unpaid leave.
Flexible Work Arrangements: OSFI offers flexible work arrangements by providing support for compressed work week schedules, flexible work hours and teleworking, in order for employees to achieve their work objectives while achieving balance between work and homelife.
Learning and Development: OSFI offers career advancement opportunities and encourages innovative thinking in its work environment. Employees may be reimbursed for relevant professional association membership fees.
A DIVERSE AND INCLUSIVE WORKPLACE
OSFI takes great pride in having a diverse workforce with wide-ranging skill sets. To promote a workforce that is representative of the Canadians we serve and based the organization’s/hiring managers’ needs, selection of students will be limited to members of Employment Equity Groups (women, Aboriginal Peoples, persons with disabilities, and visible minorities). As such, we strongly encourage students who identify within the EE Groups to apply and self-identify in their application.
WHAT OSFI OFFERS
- Flexible working hours;
- Meaningful and valuable work;
- Continuous learning;
- Networking opportunities;
- Possibility of career advancement;
- Diversified workforce and a broad range of competency/skills;
- An opportunity to explore your interests;
- Get insight into a career as a federal public servant;
- Find your future career.
When you apply to this Co-op Student Opportunity, you are not applying for a specific job, but to be considered for future vacancies. As positions become available, applicants who meet the qualifications may be contacted. Management can decide to access applications at any point, so please ensure you submit your application as soon as possible.
Positions to be filled: Number to be determined
A covering letter
A list of the courses you have taken as well as any courses that you are taking now, or that you will be taking this academic year
WHO CAN APPLY
We encourage students who identify within the Employment Equity Groups (women, Aboriginal Peoples, persons with disabilities, and visible minorities (Black people and other racialized groups)) and meet the requirements below to submit their application. To be considered for these opportunities, you need to self-declare that you identify with one or more of the Employment Equity designated groups.
YOU ARE ELIGIBLE TO APPLY IF YOU MEET THE FOLLOWING CRITERIA:
- You must be a full-time* student at a recognized** Canadian post-secondary institution co-op/internship program. If you are a Student with a work/study permit, you may apply. However, preference will be given to Canadian citizens and permanent residents who meet the job requirements.
- Your work term must be mandatory for graduation.
- You must meet the minimum age required in the province/territory of work.
- This includes students with full-time status classified by their school as having physical or emotional disabilities, and some adult secondary school students.
** To be employed as an OSFI student, your program and institution must be identified on the List of Validated Post-Secondary Academic Institutions and Programs website (www5.psc-cfp.gc.ca/coop/noitcanoitutitsnimargorphcraes.do)
HOW TO APPLY
- Create a Candidate Profile and click the ‘Apply online’ link located at the top and bottom of this poster.
- Submit your cover letter and your resume as well as your proof of full-time enrolment at a recognized Canadian postsecondary institution (or part-time basis due to a disability, as recognized by the academic institution).
- Please note that having lived/ worked outside of Canada within the last five (5) years may delay your security clearance (can take up to 3 months) and may affect your start date and your co-op fulfillment requirements (TBS standard: Standard on Security Screening: Appendix D; www.tbs-sct.canada.ca/pol/doc-eng.aspx?id=28115#appD).
- Indicate the following on your cover letter:
⠀⠀- areas of interest;
⠀⠀- whether you are a Canadian citizen, a permanent resident, or are entitled to work in Canada by means of a work permit.
Various language requirements
Information on language requirements
Selection will be limited to members of the following Employment Equity groups:
Aboriginal persons, persons with disabilities, visible minorities, women
Information on employment equity
Reliability Status security clearance - The successful student will be required to obtain a Government of Canada security clearance prior to obtaining a formal offer of employment. It is the successful student’s responsibility to complete the fingerprinting process, as it is a requirement to obtain security clearance.
⠀⠀- Students who have lived/ worked outside of Canada within the past 5 years will require an international criminal record check and will therefore experience a longer than normal clearance process.
- In our hybrid workplace environment, the ability to work remotely from home within Canada with access to the Internet in one’s residence is a condition of employment.
The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply.
Information on employment equity
Email correspondence will be the only method of communication with candidates for this selection process. Candidates must include a valid email address in their application. Please ensure it accepts messages from unknown users. Please ensure you check your spam folder for any communications from OSFI. It is the candidate’s responsibility to ensure accurate information is provided and updated as required. As a result you must update your personal information on your Public Service Resourcing System profile if it changes.
ASSESSMENT - INTERVIEWS
Please note that you will be assessed using an interview.
All job applications must be submitted through the Government of Canada public service jobs website. Do not email or mail hard copy documents as these will not be accepted. To submit an application online, please click on the "apply now" button. Persons without Internet access may also review jobs open to the public through INFOTEL at 1-800-645-5605.
If you have a limitation that may impact your performance at any step of the assessment process (such as submitting the application or an interview), you may request an accommodation. Assessment accommodations are designed to remove barriers, and to ensure that candidates with limitations can fully demonstrate their abilities. Should you wish to be accommodated, please inform us by sending an e-mail to the following address: [email protected]. All information received in relation to accommodation will be kept confidential.
Preference will be given to veterans first and then to Canadian citizens and permanent residents, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first.
Information on the preference to veterans
We thank all those who apply. Only those selected for further consideration will be contacted.