Compliance Officer

Job Information
Job Title: Compliance Officer
Job Requisition ID: 63427
Ministry: Treasury Board & Finance
Location: Edmonton
Full or Part-Time: Full Time
Hours of Work: 36.25 hours per week
Permanent/Temporary: ​​​​​Permanent
Scope: Open Competition
Closing Date: November 4, 2024
Classification: Program Service 2
Salary: $2,345.14 - $3,076.28/ bi-weekly($61,208.15 - $80,290.91/ annually)

The Government of Alberta is committed to a diverse and inclusive public service that reflects the population we serve to best meet the needs of Albertans. Consider joining a team where diversity, inclusion and innovation are valued and supported. For more information on diversity and inclusion, please visit: https://www.alberta.ca/diversity-inclusion-policy.aspx

Financial Sector Regulation and Policy (FSRP) provides policy and regulatory support and analysis on financial institutions, insurance and pensions. As part of its function, the division is responsible for ensuring legislation, regulation and policy meets current and emerging needs.

To learn more about Treasure Board and Finance and what it has to offer, follow this link: Treasury Board and Finance | Alberta.ca

Role Responsibilities

Are you ready to dive into the world of pension plans and keep them on the straight and narrow? Do you have a knack for spotting compliance issues before they even happen? If you’re passionate about ensuring things run smoothly, from plan registration to wind-up, and want to make a real difference in the world of pensions, this role is for you!

At FSRP, we run on collaborative teamwork and have leaders who genuinely care about your success. Reporting to the Manager, Compliance & Operations (MCO), you’ll be the go-to person for ensuring Alberta’s pension plans follow the Employment Pension Plans Act (EPPA) and related regulations. You’ll monitor and assess pension plan compliance from registration through to wind-up (and maybe feel a little like a detective while doing it!), identifying and fixing any compliance issues along the way. You’ll analyze risks related to funding, communication, and administration, recommending corrective actions to keep everything on track. Plus, you’ll get to work closely with leadership, contributing to legislative improvements. The overall objective of the work is to help ensure the development, growth and ongoing viability of pension plans registered in Alberta.

To succeed in this role, you should have strong knowledge of pension legislation and compliance standards. You’ll need to be skilled in risk assessment, documentation analysis, and have great communication and problem-solving abilities. If you’re ready to keep Alberta’s pension plans compliant—and maybe have a little fun while doing it—we want to hear from you!

Please click the Link to view a copy of the Job Description.

APS Competencies

Competencies are behaviors that are essential to reach our goals in serving Albertans. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process.

The link below will assist you with understanding competencies: https://www.alberta.ca/system/files/custom_downloaded_images/psc-alberta-public-service-competency-model.pdf

The following competencies are essential for the position:
• Agility: You demonstrate the ability to anticipate, assess, and readily adapt to changing priorities, maintain resilience in times of uncertainty and effectively work in a changing environment.
• Build Collaborative Environments: You demonstrate that you genuinely value and respect different viewpoints and expertise and are willing to learn from others.
• Creative Problem Solving: You are willing to explore different methods in how we complete our work, with a goal to achieving more efficient and effective outcomes.
• Drive for Results: You take past experiences into consideration when making plans and adjust those plans based on past learnings.
• Develop self and others: You contribute to team learning by sharing information, knowledge, and experiences even when not asked.
• Systems Thinking: You seek information and analyze long-term outcomes. Focus on the goals and values in addition to the process.

Qualifications

University graduation in a related field; no experience required; or equivalent as described below.

Equivalency: Directly related education or experience considered on the basis of:
• 1 year of education for 1 year of experience; or
• 1 year of experience for 1 year of education.

Assets for this role include:
• Solid knowledge of the pension area, both regulatory and administrative, and including evolving trends in the area of retirement savings.
• Basic understanding of actuarial theories and principles as well as familiarity with the Canadian Institute of Actuaries Recommendations and Standards
• Familiarity with trust law, contract law and case law as it relates to pension plans
• Knowledge of tax law as it relates to pension plans
• Solid computer literacy, including the operation of PBIS
• Familiarity and the ability to perform administrative tasks associated with the CO function and PBIS
• Basic understanding of accounting principles as they relate to pensions
• Familiarity with the business world and the impact of changes to corporate structures on pension plans.

Minimum recruitment standards outline the minimum education and experience required for appointment to a job classification.

Refer to https://www.alberta.ca/alberta-public-service-minimum-recruitment-standards.

Notes

Location: 9515 107 Street, Edmonton, AB (Terrace Building)

Hours of Work: 36.25 Hours per week, Monday to Friday; 8:15 AM – 4:30 PM

Note: This is a permanent full-time position

Other information:

Any costs associated with obtaining the required documents/checks as noted or interview travel expenses, will be the responsibility of the candidate. Out-of-province applicants can obtain the required documents/checks from the province they currently reside in.

This competition may be used to fill current and future vacancies at equal or lesser classification.

Links and information on what the GoA has to offer to prospective employees.

• Working for the Alberta Public Service - https://www.alberta.ca/system/files/custom_downloaded_images/psc-alberta-public-service-competency-model.pdf
• Public Service Pension Plan (PSPP) - https://www.pspp.ca
• Alberta Public Service Benefit Information - https://www.alberta.ca/alberta-public-service-benefits
• Professional learning and development - https://www.alberta.ca/professional-development-support-directive
• Research Alberta Public Service Careers tool – https://researchapscareers.alberta.ca
• Positive workplace culture and work-life balance
• Opportunity to participate in flexible work arrangements such as working from home up to two days per week and modified work schedule agreement
• Leadership and mentorship programs

How To Apply
Applicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements, including education, experience, and relevant examples of required competencies.

Candidates are required to apply for a job online. Please visit https://www.alberta.ca/job-application-resources#before for more information. Please visit Recruitment Principles, for more information.

It is recommended applicants who have completed post-secondary studies from outside of Canada obtain an evaluation of their credentials from the International Qualifications Assessment Service (IQAS)(https://www.alberta.ca/international-qualifications-assessment.aspx) or from a recognized Canadian Credential Evaluator; please visit the Alliance of Credential Evaluation Services of Canada for more information (https://canalliance.org/en/default.html).

It is recommended that applicants include the assessment certificate from IQAS or any other educational assessment service as part of their application.

Closing Statement
This competition may be used to fill future vacancies, across the Government of Alberta, at the same or lower classification level.

We thank all applicants for their interest. All applications will be reviewed to determine which candidates' qualifications most closely match the advertised requirements. Only individuals selected for interviews will be contacted.

If you require any further information on this job posting or require an accommodation during the recruitment process, please contact Shannon Rowe at [email protected].