Senior Manager, Financial Institutions Policy Unit

Are you passionate about shaping financial policy and driving impactful change?

Do you have a proven track record in developing and implementing effective financial strategies?

If so, consider this exciting opportunity with the Ministry of Finance. The Financial Institutions Policy Branch is seeking a dynamic and experienced Senior Manager to lead our Financial Institutions Policy Unit (FIPU). This is a unique opportunity to influence the future of financial services regulation in Ontario.

As the Senior Manager, you will lead policy development and regulatory frameworks for financial services sectors, engaging with key industry stakeholders. You will also guide a team of professionals through legislative and regulatory processes to align with government priorities.
Join us and make a lasting impact on Ontario's financial landscape!

About Us:

The Financial Institutions Policy Branch provides the Ministry of Finance with policy research, analysis and development services regarding Ontario's interest in, and regulation of, the financial services sector, including the insurance, credit union and mortgage broker sectors. It also provides analytical support and policy advice on a wide range of microeconomic issues related to economic growth and job creation.

Why Join Us:

•Impactful Work: Play a crucial role in shaping financial policies that affect millions of Ontarians.
•Collaborative Environment: Work with a team of talented professionals and engage with key stakeholders in the financial services industry.
•Professional Growth: Benefit from opportunities for mentorship, leadership development, and career advancement within the Ontario Public Service (OPS).

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:

The OPS is an innovative, responsive and accountable public service that works hard to be diverse, anti-racist, inclusive, merit-based, and equitable. Diversifying leadership is a top priority for the OPS. Our goal is to achieve parity with the Ontario labour force by 2025 for the most under-represented groups (Indigenous, racialized and persons with disabilities) on our leadership teams.

The OPS invites all interested individuals to apply. As an organization that promotes equity and diversity, the OPS encourages applications from Indigenous, Black, racialized individuals, and persons with disabilities.

The OPS is an accessible employer and we offer accommodation in all aspects of employment, including the recruitment process.

Visit the OPS Anti-Racism Policy, the OPS Diversity and Inclusion Blueprint, and the Multi-Year Accessibility Plan to learn more about the OPS commitment to advancing racial equity, accessibility, diversity and inclusion in the public service.

What can I expect to do in this role?

Create the Work Environment

In the Ontario Public Service, we hold our leaders to the highest standards, expecting them to embody authenticity, accountability, and courage in every action and decision. It will be your responsibility to create a work environment and team culture that ignites innovation, nurtures collaboration and champions inclusivity by creating a diverse, anti-racist and accessible workplace that is free from discrimination and harassment. By aligning your choices with these values, you will create a vibrant work environment where every individual can thrive.

Deliver on Business Goals and Priorities

Your leadership will be crucial in guiding the team towards the achievement of its business goals. It will be your responsibility to inspire and motivate your team to deliver their best performance and align the team's daily actions with the strategic vision of the ministry.

In this role, you will:

• Lead the development and implementation of policy and regulatory solutions for financial services sectors including, insurance, mortgage brokers, and credit unions.
• Foster strong relationships with the Financial Services Regulatory Authority of Ontario (FSRA) and key industry stakeholders to influence and shape regulatory practices and policies.
• Ensure that regulatory initiatives and legislative reviews are strategically aligned with government priorities and the evolving financial services landscape.
• Provide strategic advice and high-level briefings for senior decision-makers, overseeing statutory reviews of legislation and developing strategic solutions to address emerging policy challenges.
• Strategically manage stakeholder roundtables and consultations to gather insights, build consensus, and drive policy initiatives forward.
• Mentor a high-performing team of policy professionals, promoting a culture of excellence, innovation, and continuous professional development.

How do I qualify?

Leadership Experience:

• You have experience managing and leading teams within large, complex work environments.
• You coach team members to unlock their full potential, drive individual and collective growth and team success
• You have demonstrated experience in leading transformational initiatives and developing innovative policy to advance ministry strategies and goals.
• You have superior organizational skills to establish priorities, meet deadlines and coordinate a number of complex issues/projects simultaneously in a fast-paced environment.

Policy Expertise:

• You possess a strong background in strategic policy analysis, with a demonstrated ability to conduct thorough assessments of legislative and regulatory frameworks.
• You bring expertise in navigating cabinet submissions, legislative procedures, and governmental decision-making processes.
• You can determine long-term issues, problems and opportunities and develop sound strategies and plans to address financial sustainability challenges.
• You have extensive experience in financial services regulatory policy and a proven track record of developing and implementing effective regulatory policies.

Analytical and Problem-Solving Skills:

• You have strong analytical skills to assess policy issues and develop innovative solutions.
• You demonstrate the ability to conduct thorough statutory reviews and identify legislative and regulatory improvements.
• You have strategic thinking skills to address emerging policy challenges and align regulatory initiatives with government priorities.
• You are proficient in using data and research to inform policy decisions.

Communication and Relationship Management Skills:

• You have proven experience building and maintaining relationships with diverse internal and external partners.
• You have demonstrated experience communicating and presenting complex and technical information to senior leaders and stakeholders.
• You demonstrate superior written and oral communication skills to articulate strategy, direction, advice and recommendations.
• You possess strong political acuity to navigate complex stakeholder environments and influence policy outcomes.