Job Details
Risk Analyst (5431)

Job Posting

Risk Analyst
Organization:  BCFSA
Province:  British Columbia
Location:  Vancouver
Job Start Date: 

The BC Financial Services Authority (BCFSA) protects British Columbians during their most important financial transactions. We regulate BC ’s financial services market, including credit unions, trust companies, registered pension plans, insurance companies and mortgage brokers.

We uphold public confidence by impartially setting and enforcing standards for real estate professionals. We also ensure that consumers dealing with licensed real estate professionals are protected against wrongful actions. By overseeing the most significant financial transactions in BC we ensure fairness, legality and the prosperity of consumers and the province.

BCFSA is an equal opportunity employer and welcomes applications from all groups. This includes women, visible minorities, Indigenous Peoples, persons with disabilities, persons of diverse sexual orientation, gender identity or expression (LGBTQ2S+), and others who may contribute to diversity at BCFSA.

We recognize unique styles, perspectives, beliefs, and creativity that support a diverse, respectful, inclusive and collaborative work environment. To achieve this, we stay committed to:

Hiring team members who represent the population we serve
Removing barriers that may prevent equitable employment
Supporting respectful work environments where everyone feels included and able to produce excellent results

BCFSA is proud to be Great Place to Work Certified™ organization based on direct feedback from our team members. 


Healthy living and work-life balance
Comprehensive health and wellness benefits plan
Opportunities for personal and professional development
Competitive compensation
A challenging and engaging team environment
Defined benefits pension plan
Flexible work arrangement for eligible positions
A beautiful office location in downtown Vancouver

This position performs financial and risk analysis of an assigned portfolio of moderate complexity pension plans for the purposes of maintaining a current and accurate risk profile for each plan.  

Vacancies: 2 roles available
Status: 1 Permanent-Full time and 1 Contract until approximately September 2023

•    Analyses moderately complex pension plans to determine whether they are in sound financial condition and compliant with the Pension Benefits Standards Act and regulatory direction of the Superintendent.
•    Prepares and maintains a supervisory plan for each assigned pension plan and contributes to the branch’s development and execution of a consolidated provincial supervisory plan to monitor, examine, and prioritize intervention activities.
•    Conducts and/or participates in on-site examinations of select pension plans. 
•    Recommends intervention options that mitigate significant risks occurring within the assigned portfolio.  
•    Manages relationships with assigned portfolio plan administrators and stakeholders. 
•    Evaluates and processes submissions related to filings, governance issues and regulatory approval submissions.
•    Responds to enquiries from the public, industry stakeholders, and peer Canadian regulators related to the assigned pension portfolio.
•    Contributes to the branch’s development of its ‘Risk-based Regulatory Framework’.
•    Develops briefing notes, correspondence, and information material for internal and external audiences.
•    Contributes to research studies, special projects and presentations, and stakeholder engagements.
•    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.
•    Contributes to, participates in, and supports organizational business transformation initiatives.


•    Degree in business, accounting, actuarial science, or economics and several years of related experience or, an equivalent combination of education and experience.
Related experience includes:
o    Analyses or examinations in the financial services, business or commercial sectors
o    Interpreting and applying legislation, regulations, and/or policy

Preference may be given to applicants with Industry experience in pension plan actuarial management/administration.

•    Knowledge of content, interpretation, and application of the Pension Benefits Standards Act/Regulations.
•    Knowledge of the methods and procedures involved in the administration of pension plans and pension administration.
•    Knowledge of financial analysis techniques and business operational procedures.
•    Knowledge of risk management principles and methods.
•    Ability to exercise judgement, initiative, and discretion. 
•    Ability to influence stakeholders to comply with legislation regulations and policies.
•    Superior oral and written communication skills. 

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