Registration Analyst

Posting Title: Analyst, Registration

Department: Policy & Stakeholder Engagement

Full/Part Time: Full Time

Job Type: Permanent

Location: Vancouver

Work Arrangement: Hybrid

Salary Range: $71,397.00 - $104,693.00

Close Date: May 2, 2025

Job Summary

BC Financial Services Authority (“BCFSA”) helps to protect British Columbians during the biggest financial decisions in their lives. We regulate B.C. ’s financial services sector, including credit unions, real estate licensees, registered pension plans, insurance and trust companies and mortgage brokers. Through modern, effective and efficient oversight, BCFSA protects consumers by impartially setting and enforcing standards across the entire sector ensuring the prosperity of the province.

BCFSA is an equal opportunity employer and welcomes applications from all groups. This includes Indigenous Peoples, women, visible minorities, 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 are committed to:

• Hiring team members who represent the population we serve;

• Removing barriers that may prevent equitable employment; and

• Supporting respectful work environments where everyone feels included and able to produce excellent results.

BCFSA is proud to be selected as one of BC's Top Employers (2025) in recognition of our competitive compensation, work-life balance, and progressive programs.

WHAT WE OFFER:

When you join us, you become part of a high-performing team. Here, each Team Member can bring their unique talent to make outstanding contributions as we work towards the common goal of protecting British Columbians during the most important financial transactions in their lives. We offer:

• 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

• Our team members enjoy the flexibility of a hybrid work model. They can choose every day where they want to work to be the most effective, from the comfort of their home to our beautiful office in downtown Vancouver. (Eligibility may vary, depending on position).

SUMMARY

The position supports the development and implementation of the registration and reporting model in accordance with the requirements set out under the Money Services Businesses Act (“MSBA”) and to otherwise contribute to the development of the regime to regulate money services businesses. Once the MSBA is in force, the position is responsible for the review of applications of high complexity for registration of money services businesses. The position makes supported recommendations consistent with legislation and guidance in respect of the suitability of the applicant for registration.

ACCOUNTABILITIES

• Provides subject matter expertise to support the development and implementation of a registration and reporting model to operationalize the requirements set out under the MSBA and its Regulations.
• Provides technical input and supports the development of processes and artefacts. May include drafting Regulatory Guidance, drafting Operations Manuals, designing requirements for IT tools, building risk matrices, designing annual reporting, contribution to online knowledge base, etc.).
• Conducts reviews of high complexity applications for registration of money services businesses and makes supported recommendations in respect of the suitability of the applicant. Interprets legislation, regulation, policies, procedures, and relevant information to make recommendations that support BCFSA’s mandate.
• Identifies inconsistencies and irregularities in submissions, including possible issues with information integrity and recommends next steps, including the identification of any remediation required. Identifies risk in applications and determines if enhanced due diligence inquiries are recommended.
• Develops constructive and collaborative relationships with diverse group of stakeholders, responds and resolves enquiries of medium to high complexity, promotes education of and provides guidance to stakeholders in respect of regulatory requirements and compliance.
• Contributes to the team’s development of internal work practices (e.g., policies, procedures, reporting and tools).
• Contributes to, participates in, and supports organizational business transformation initiatives.

JOB REQUIREMENTS

• Knowledge of relevant legislation, regulation and/or policies governing the regulatory program or similar regimes (may be learned in-position).
• Experience interpreting legislation, policy or standards and enforcing compliance.
• Knowledge of money services businesses operations / industry is an asset
• Ability to exercise judgement, discretion, and initiative.
• Ability to write clear, concise, evidence-based reports and recommendations.
• Ability to meet deadlines, manage competing priorities and work under pressure.
• Ability to engage and influence diverse stakeholders.
• Strong analytical, organizational, and decision-making skills.
• Able to interpret financial data and to conduct basis financial analysis.
• Knowledge of risk management principles and methods.

RELATED EXPERIENCE

• Interpreting and administering legislation, regulations, policies, and/or standards.
• Licensing, registration or compliance function in a regulatory environment
• Anti-money laundering compliance, fraud examination, forensic accounting

EDUCATION

• Degree in law, business or public administration, criminology, finance, or accounting and at least three years related experience or, an equivalent combination of education and experience.

CERTIFICATIONS

• Certified Anti-Money Laundering Specialist, Chartered Professional Accountant, Certified Fraud Examiner, Financial Risk Manager or equivalent designations are an asset.

PROVISOS

Candidates must be eligible to work in Canada and living in British Columbia or intent to settle in the province.

Internal candidates are kindly requested to use their BCFSA email address when applying for this position. This will help us identify and streamline the internal application process.

Hiring Process Accommodation

BCFSA wants to ensure every job applicant is treated fairly and with respect and encourages applications from all candidates, including those with diverse abilities. We welcome you to inform us confidentially if you may require any special support in the application process, including disability accommodation, in order to participate fully in our recruitment experience. Email us at careers@bcfsa.ca to notify us of any needs related to your job application.