EVP, CREDIT UNION AND INSURANCE PRUDENTIAL
Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario (FSRA) was established in the Financial Services Regulatory Authority of Ontario Act, 2016 (FSRA Act), which came into force on June 29, 2017 and assumed its full current mandate in June 2019. FSRA was created to evolve the Financial Services Commission of Ontario (FSCO) and the Deposit Insurance Corporation of Ontario (DICO), establishing a single agency that would operate as a flexible, self-funded regulator, designed to respond rapidly to an evolving commercial and consumer environment.
FSRA is seeking a senior financial services leader to assume the role of EVP, Credit Union and Insurance Prudential. Reporting to the President & CEO, and leading a team of 34 through four reports, the EVP Credit Union and Insurance Prudential will provide the strategic direction and thought leadership necessary to ensure sound decision-making and proactive, empowered, execution of the credit union and prudential regulation function. Additionally, the EVP will provide strategic direction and expertise in the prudential supervision of credit unions and provincially regulated insurers, and in embedding credit union conduct regulation in normal course relationship management and examinations, in order to protect the public interest.