Portfolio Risk Manager
Management Band 3
Amendment: Posting closing date extended to December 5, 2019
This temporary opportunity is available until June 30, 2021.
This position is excluded from union membership.
An eligibility list may be established.
Bring your financial expertise and leadership skills to this unique opportunity
As fiscal agent for the province, the Debt Management Branch is responsible for managing portfolios on behalf of the government and provides expertise and direction on the management and financing of its client debt portfolios, and centralized liability management services to the government and its Crown corporations and agencies.
The Branch operates in accordance with delegated authorities set by debt policies and risk parameters, after consultation with the Ministry Risk Committee consisting of the Deputy Minister of Finance and five external members.
The Portfolio Risk Manager, as part of the Risk and Performance Measurement team and accountable to the Director, has the critical role of managing, planning and organizing the operational delivery of debt portfolio risk management programs, performance benchmarks, counterparty contracts and initiatives.
This position also provides expert advice on the management of risk and regulatory changes in the global capital markets to the Branch, Risk Committee and government corporate clients to enhance risk exposure mitigation and/or cost saving opportunities. Activities include, developing portfolio risk management strategies, reviewing and recommending for approval risk policy parameters, developing and monitoring performance measurements and developing and delivering risk management initiatives.
The capital of British Columbia, Victoria is a beautiful city, with beautiful beaches and harbours, and a variety of provincial parks to explore. Located on Vancouver Island, Victoria offers a bustling downtown scene and has a wide range of restaurants and entertainment venues to choose from. This is your opportunity to live in one of the most beautiful regions in British Columbia and work for the BC Public Service. We offer a healthy work/life balance, excellent benefits and much more.
The BC Public Service is an award-winning employer and offers employees competitive benefits, amazing learning opportunities and a chance to engage in rewarding work with exciting career development opportunities. For more information, please see What We Offer.
The BC Public Service is committed to creating a diverse workplace to represent the population we serve and to better meet the needs of our citizens. Consider joining our team and being part of an innovative, inclusive and rewarding workplace.
For complete details about this opportunity, including accountabilities, please refer to the attached job profile. For specific position related enquiries, please contact Frank.Cholette@gov.bc.ca . DO NOT SEND YOUR APPLICATION TO THIS EMAIL ADDRESS. For more information about how to create or update your profile and how to submit your application, please refer to the Job Application page on the MyHR website. If you are still experiencing technical difficulty applying for a competition, please send an e-mail to BCPSA.Hiring.Centre@gov.bc.ca , before the stated closing time, and we will respond as soon as possible to assist you.
NOTE: Applications will be accepted until 11:00 pm Pacific Time on the closing date of the competition.
In order to be considered for this position, your application must clearly demonstrate how you meet the education and experience as outlined below:
Bachelor’s degree or higher in commerce, finance or economics, AND
Minimum of four years risk management experience.
An equivalent combination of education and related experience may be considered.
Experience applying the risk management process in the context of managing debt portfolios, projects, contract management and/or business planning. Preference may be given to applicants with recent (within 2 years) experience.
Experience in reporting and analysis processes and risk and performance measurement benchmarks and parameters.
Preference may be given to applicants with the following:
Chartered Financial Analyst designation and/or Canadian Securities Course, and/or Professional Risk Manager (PRM) or Financial Risk Manager (FRM) designation. A CPA designation with related experience will also be considered.
A minimum of two (2) years of experience working in a public sector environment.
Experience modelling financial risk assessments and implementing risk management frameworks in organizations.
Applicants selected to move forward in the hiring process may be assessed on the Knowledge, Skills, Abilities and Competencies as outlined in the attached Job Profile located in the Additional Information section at the bottom of the posting.
A Criminal Record Check (CRC) will be required.
Cover letter required: NO - Please do not submit a cover letter as it will not be reviewed.
Resume required: YES - A resume is required as part of your application, however, it may not be used for initial shortlisting purposes.
Questionnaire: YES (COMPREHENSIVE) - As part of the application process, you will be prompted to complete a comprehensive online questionnaire to demonstrate how you meet the job requirements. Please allot approximately 60 minutes to complete the questionnaire.
IMPORTANT: Comprehensive questionnaire responses will be used to shortlist applicants against the job requirements. Please ensure you include all relevant information about your educational accomplishments and employment history including job titles, start and end dates (month and year) of your employment, and your accountabilities and accomplishments.