25 Aug
|
Fairstone
|
Ontario
Who we are: Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, Eden Park and Fig. Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners' growth. With a diverse suite of products-residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers. Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada's leading alternative lending bank.
About the role: The Senior Analyst, Regulatory Relations supports effective coordination, analysis, and execution of the Bank's regulatory engagements, with a focus on supporting engagements with the Office of the Superintendent of Financial Institutions (OSFI). The role focuses on preparing regulatory materials, coordinating responses, tracking supervisory commitments, and supporting internal governance to ensure timely, accurate, and well-controlled regulatory interactions.
This position plays a key role in maintaining discipline, supervisory readiness, and auditability across regulator-related activities. The role supports consistency with our regulator engagements, ensuring high quality and structured interactions with our regulators.
A key member of the Enterprise Risk Management (ERM) team, this position may also support adhoc reporting duties, risk assessments and provide ERM workflow support as needed.
RESPONSIBILITIES Regulatory Correspondence & Coordination Support Support the coordination of regulatory communications, including data requests, supervisory letters, information packages, and follow-up responses.
Drafting regulatory correspondence and coordinating reviews by key stakeholders and senior management.
Maintain accurate records of regulator interactions, submissions, and supervisory communications.
Support & facilitate regulatory reviews, meetings and collection of evidence and feedback.
Supervisory Findings & Action Plan Tracking Track supervisory findings, recommendations, and commitments in centralized logs or issue-tracking tools.
Monitor remediation milestones, evidence submission timelines, and dependencies across business and control functions.
Escalate risks of slippage or gaps in evidence to Risk and senior management.
Analysis & Regulatory Content Preparation Support the preparation of OSFI-related materials, including: Supervisory meeting decks and briefing notes
Background materials and response packages
Management summaries of supervisory themes and expectations
Review internal documentation for consistency with OSFI expectations and prior submissions.
Internal Stakeholder Coordination Liaise with Risk,
Compliance, Finance, Technology, Operations, Legal, and Internal Audit to gather inputs for OSFI requests.
Ensure internal contributions are aligned, complete, internally consistent, and delivered within required timelines.
Support internal readiness activities for OSFI exams, thematic reviews, and supervisory assessments.
Regulatory Intelligence & Awareness Monitor regulatory guidance, advisories, and supervisory communications for relevance to the Bank. (e.g. current guidelines, consultations, data calls)
Assist in summarizing emerging regulatory themes for internal distribution.
Governance & Reporting Support Assist in preparing management and Committee reporting related to regulatory engagements, supervisory issues, and remediation status.
Support documentation of supervisory outcomes for Senior Management, Board and Committee awareness, as required.
Maintain records of regulatory activity
Support engagements with other regulatory bodies as required
Adhoc Enterprise Risk Management workflow and reporting support as required
What we're looking for: 4-7 years of experience in enterprise risk management, regulatory affairs, compliance, or regulator support roles.
Experience working within an OSFI-regulated financial institution or working directly with federal financial regulators
Undergraduate degree is an asset
Ability to manage multiple regulatory deliverables under tight timelines.
Proficiency with MS Office (Powerpoint, Excel, Sharepoint, Teams...etc)
Experience with GRC Platforms (ie. Resolver, ServiceNow), designing workflows
Experience leveraging AI tools to support and enhance workflows
Exposure to regulato
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📌 Senior Analyst, Regulatory Relations (Ontario)
🏢 Fairstone
📍 Ontario