Posting Title: Senior Examiner (Regulatory Auditor/Internal Auditor - Insurance)
Department: Financial Institutions
Full/Part Time: Full Time
Job Type: Permanent
Location: Vancouver
Work Arrangement: Hybrid
Salary Range: $90,069.00 - $140,235.00
Close Date: September 30, 2026
SUMMARY This position monitors market conduct risks of provincially regulated financial institutions; and leads complex high-profile supervisory activities to assess compliance with regulatory requirements.
ACCOUNTABILITIES - Plans, leads and/or conducts complex regulatory examinations on high-risk files that may cross organizational boundaries, be high profile in terms of stakeholder interests, have high public visibility, and have external interfaces.
- Leads multi-functional, multi-disciplinary, and cross-jurisdictional teams of internal and external stakeholders on examination files and project and policy work focused on the identification of market risks and coordinated intervention.
- Applies in-depth technical and professional knowledge to analyze quantitative and qualitative information from a variety of internal and external sources, to identify risks, themes, and/or systemic issues and make recommendations regarding the subject, and scope, of examinations.
- Leads the collection and analysis of data from monitoring activities to identify and assess conduct risks.
- Analyses data (structured, unstructured, qualitative, and qualitative) and produces reports and visualizations using Power BI, Tableau.
- Proactively identifies and recommends financial institutions for examination.
- Carries out desk-based and/or on-site examinations to assess compliance or vulnerabilities in business practices by conducting interviews and gathering and evaluating documentary evidence in accordance with established regulatory tactics/strategies and legislative requirements.
- Achieves voluntary compliance during examinations and, identifies opportunities to educate industry participants and reinforce good business practices that align with regulatory expectations.
- Prepares written reports based on examination results that may include recommendations to address weaknesses, take proactive regulatory action, and improve policies, procedures, practices, and legislation.
- Supports formal regulatory intervention or enforcement action, and testifies at regulatory, tribunal, and other hearings.
- Contributes to the team's development of internal work practices (e.g., policies, procedures, and tools).
- Provides orientation and training to internal and/or external stakeholders within area of responsibility.
- Participates and contributes to market conduct strategic initiatives, special projects and working groups.
- Contributes to, participates in, and supports organizational business transformation initiatives.
JOB REQUIREMENTS - This position requires a high degree of self-motivation, attention to detail, strong financial and critical thinking skills, and a commitment to delivering high-quality work within established deadlines.
- Leading or managing teams, including on projects, partnerships, taskforces, and related activities.
- Knowledge of relevant legislation, regulations, and/or policies governing the regulatory program or similar regulatory programs.
- Knowledge of insurance operations, practices, and products.
- Knowledge of risk management principles and methods.
- Knowledge of administrative law.
- Ability to exercise judgement, initiative, and discretion.
- Ability to influence compliance with legislation, regulation, and policy.
- Superior oral and written communication skills.
- Knowledge of credit union, and/or banking operations is an asset.
EDUCATION - Degree in business, public administration, or accounting and some related experience or, an equivalent combination of education and experience. Related experience includes:
- Leading and/or conducting complex, high risk, and/or high-profile examinations or similar activities (financial or compliance audits)
- Developing and maintaining cross-functional and/or cross-organizational working relationships
- Interpreting and applying legislation, regulations and/or policy.
Preference may be given to applicants with experience in the insurance, banking, or credit union industry.
PROVISOSCandidates must be eligible to work in Canada and living in British Columbia or intent to settle in the province.
Internal candidates are kindly requested to use their BCFSA email address when applying for this position. This will help us identify and streamline the internal application process.