New job Deputy Superintendent, Financial Institutions Regulation in Alberta

Deputy Superintendent, Financial Institutions Regulation

Company : Government of Alberta
Salary : $8,076 - $10,255 a month
Location : Alberta

Full Description

Job Information

Job Requisition ID: 11066

Ministry: Treasury Board & Finance

Location: Edmonton

Full or Part-Time: Full Time

Hours of Work: 36.25 hours per week

Regular/Temporary: Ongoing

Scope: Open Competition

Closing Date: June 24, 2021

Classification: Management Senior Manager Zone 2

About Us

The Financial Institutions and Markets Policy and Regulation team is responsible for the regulation of provincial financial institutions and for policy support and analysis of Alberta financial institutions and capital markets. Effective regulation of financial institutions and securities helps ensure that markets are efficient and fair, while protecting consumers and investors, respectively. The team also serves as the concierge office that assists new financial services and financial technology market entrants.

For further information about Treasury Board and Finance, see our website at


Financial Leaders, are you looking for a new challenge with great work-life balance? Do you want to leverage your savvy experience in the financial regulation sector? Do you want to be a part of the financial technological innovation and the establishment of new financial technology companies in Alberta's expanding technology industry? Then join us to lead our collaborative and agile team!

Reporting to the Senior Deputy Superintendent of Financial Institutions and Markets Policy and Regulation, you will be responsible for providing strategic leadership and direction to the Financial Institutions Regulation branch (Branch), which has the following mandate:

Regulate and supervise:

  • ATB Financial (ATB) and all of its subsidiary corporations (current and future),
  • Credit Union Central Alberta Limited (AB Central), and
  • Five provincially incorporated trust corporations for which the Government of Alberta is the “primary regulator”.

Additional Branch responsibilities will include:

  • Direct, manage and lead the team's regularly compiled comprehensive risk assessments for each of the regulated entities listed above.
  • Work collaboratively with the Credit Union Deposit Guarantee Corporation (CUDGC) on behalf of the President of Treasury Board and Minister of Finance (Minister) to better understand the risks that exist within the Alberta credit union system.
  • Lead the team responding to questions and concerns of a regulatory or supervisory nature from the general public as well as industry professionals related to ATB, credit unions and loan and trust corporations.
  • Support financial services and financial technology firms in navigating legislative and regulatory requirements so they may provide innovative business solutions to Albertans and Canadians, and
  • Work with other branch members to support senior branch, divisional and departmental leadership as needed.


A university degree in a related field such as Business Administration, supplemented with a minimum of 7 years of progressively responsible experience in the financial services industry is required. Experience in regulatory environments for financial institutions, financial expertise, risk management, enterprise risk management and governance or the equivalent is required. Microsoft Office efficiency is required. Strong written and verbal communication skills will ensure success in this role.

The following would be considered as assets:

  • Experience with the Office Superintendent Financial Institute (OSFI)
  • A professional accounting designation (CPA)
  • A Chartered Financial Analyst designation (CFA)
  • Experience in an Alberta financial services legislative and regulatory environment
  • Experience in interpretation of legislation and regulations (Business Corporation Act, Securities Acts, Fair Trade Act etc)
  • Risk Certification (FRM or PRM)
  • Supervisory experience or experience leading a team

Equivalencies may be considered: Chartered Professional Accounting designation or Masters level training in such areas as Commerce or Business or related area, plus five years of experience related to the position assignment

A cover letter outlining how your experience relates to the qualifications, including knowledge of financial regulations and experience with risk assessment, is required.

APS Competencies

Competencies are behaviors that are essential to reach our goals in serving Albertans. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process.

The link below will assist you with understanding competencies:

Skill sets include:

  • Build Collaborative Environments - Establish and maintain strong and constructive relationships within Treasury Board and Finance and other government ministries and external stakeholders. These stakeholders include members of ATB’s Board of Directors, senior officials with ATB, the Board of Directors and executive management at Alberta Central, senior officials representing Loan and Trust corporations, the Provincial Auditor General’s Office, the Credit Union Deposit Guarantee Corporation, extra-provincial regulatory agencies and OSFI.
  • Drive for Results - Plan, organize and co-ordinate the Branch’s activities, ensuring government’s overall regulatory, supervisory, monitoring and oversight objectives are achieved.
  • Develop Self and Others - Lead, coach, mentor and develop staff by demonstrating regulatory knowledge and skills in applying the supervisory framework and providing “continuous improvement” feedback to staff. Provide direct supervision over the Senior Manager, Financial Institutions Regulation and Manager, Financial Institutions.
  • Agility – Anticipate, assess and adapt while maintaining resilience when facing competing priorities and timelines. This will include managing team members and independent consultants to ensure professional guidance and assistance received, is appropriate under the circumstances and that risk-based examination activities are carried out in accordance with contract standards and timelines.
  • Systems Thinking – Consider legislation and emerging financial system trends and the relevance to new and existing financial services and financial technology companies.


$4,037.95 to $5,127.61 bi-weekly

($105,390.50 to $133,83.62 annually)


Location: Federal Building Edmonton AB

Hours of Work: 36.25 Hours per week

This is a permanent full time position.

  • Some travel will be required in this role (less than 10% of the role).
  • Final Candidates for this position will be asked to undergo an enhanced security screening.
  • This competition may be used to fill current and future vacancies at equal or lesser classification across the Government of Alberta

What we Offer:

  • Comprehensive benefits plan:
  • Pension plan:
  • Leadership and mentorship programs
  • Professional learning and development
  • Positive workplace culture and work-life balance

How To Apply

If you are not currently an employee with the Government of Alberta, the first step in applying for a job is creating your candidate profile within our online application system,

Existing employees should access the Career tile in 1GX to submit their application in order to be recognized as an internal applicant.

Tips for Applicants

  • Once you have created your candidate profile, visit the Alberta Public Service job site to apply for jobs at
  • Tips on Applying on Alberta Government Jobs see here:
  • Tips for applicants:
  • It is recommended that applicants who have obtained educational credentials from outside of Canada and have not had them previously assessed, obtain an evaluation of their credentials from the International Qualifications Assessment Service (IQAS)

Closing Statement

This competition may be used to fill future vacancies, across the Government of Alberta, at the same or lower classification level.

We thank all applicants for their interest. All applications will be reviewed to determine which candidates' qualifications most closely match the advertised requirements. Only individuals selected for interviews will be contacted.

If you require any further information on this job posting or a copy of the role profile, please contact Cindy Zaiffdeen at

If this competition is closed as per the closing date noted above, please continue to check

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