Senior Analyst, Registration

Date:  Jun 11, 2024

Vancouver, British Columbia, CA, V6C 2T8

Company:  BC Financial Services Authority

Posting Title Senior Analyst, Registration 
Department: Policy & Stakeholder Engagement   
Full/Part Time: Full Time  
Job Type:  Permanent  
Location: Vancouver  
Work Arrangement: Hybrid  
Salary Range: $87,872.00 - $136,815.00  
Close Date: June 28, 2024  


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 Great Place to Work Certified™. This is based on direct feedback from our Team Members. Our organization has also been selected as one of BC's Top Employers (2024) in recognition of our competitive compensation, work-life balance, and progressive programs.  


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 which provides guaranteed income for life 
•    Flexible work arrangement for eligible positions 
•    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).



We are seeking experienced financial professionals for this important public facing role representing our organization. Are you skilled at building relationships with diverse community groups? This opportunity might be perfect for you.


The primary responsibility of this position is to support the development of the registration and reporting model in accordance with the requirements outlined in the Money Services Businesses Act (“MSBA”). Once the MSBA is enacted, the role will involve reviewing applications for the registration of money services businesses.


If you are passionate about financial regulation and community engagement, apply now to be part of this important work!


  • Provides operational oversight to develop and implement a registration and reporting model to operationalize the requirements set out under the MSBA and its regulations. 
  • Acts as a subject matter expert to the Project to implement the MSBA as required (may include drafting Regulatory Guidance, drafting Operations Manuals, designing requirements for IT tools, building risk matrices, designing annual reporting, involvement in change management strategies, etc.). 
  • Conducts complex and high-risk financial and non-financial reviews of money services businesses. 
  • Develops constructive and collaborative relationships with diverse group of stakeholders, responds to complex enquiries, promotes education of stakeholders in respect of regulatory requirements and compliance. 
  • Provides coaching, training, and mentorship to, and may review the work of, analysts or registration officers/program administrators. 
  • Reviews Annual Reports, Registration Applications, and any other relevant data or documentation to prepare comprehensive reports with supported recommendations relating to intervention levels and actions to address deficiencies. 
  • Leverages technology to contribute to the development of tools that enhance risk detection and analysis. 
  • Contributes to the team’s development of internal work practices (e.g., policies, procedures, and tools). 
  • Provides orientation and training to internal and/or external stakeholders within area of responsibility. 
  • Contributes to, participates in, and supports organizational business transformation initiatives. 



  • Knowledge of relevant legislation, regulation and/or policies governing the regulatory program or similar regimes (may be learned in-position). 
  • Knowledge of money services businesses operations / industry  
  • Ability to exercise judgement, discretion, and initiative.  
  • Ability to write clear, concise, evidence-based reports.  
  • Ability to meet deadlines, manage competing priorities and work under pressure.  
  • Superior oral and written communication skills.  
  • Ability to engage and influence diverse stakeholders.  
  • Strong analytical, problem-solving, organizational, and decision-making skills in potentially ambiguous or sensitive contexts.  
  • Related Experience:
    • Licensing or compliance function in a regulatory environment  
    • Interpreting and administering legislation  
    • Forensic Accounting 
    • Anti Money Laundering Compliance / Anti Financial Crime  



  • Degree in Accounting, Finance, Business Administration, Commerce, or Law and five years of related experience or an equivalent combination of education and experience. 
  • Experience working in the money services businesses industry is an asset. 


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


  • People Development    
    • Provides feedback and coaching, rewards hard work and risk taking, takes mentoring role, challenges, and develops employees, accepts mistakes, provides visibility/opportunity.    
  • Stakeholder Engagement     
    • Builds and nurtures strategic relationships with key individuals, groups, or organizations that have a significant impact on the success of the business. It includes effective communication, understanding diverse perspectives, and aligning organizational goals with the needs and expectations of stakeholders.      
  • Serving Stakeholders     
    • Builds strong relationships with internal & external stakeholders; stays aware of their needs, concerns, and satisfaction; responds promptly to their questions and requests; effectively manages stakeholders’ expectations.       
  • Results Focus    
    • Targets and achieves results, sets challenging goals, prioritizes tasks, overcomes obstacles, accepts accountability, sets team standards and responsibilities, provides leadership/motivation.    
  • Critical Thinking    
    • Skilled at finding logical flaws in arguments and plans; identifies problems and solutions that others might miss; provides detailed insight and constructive criticism into problems and complex situations.    
  • Driving Continuous Improvement    
    • Establishes methods to monitor and improve performance of systems and processes; utilizes specialized techniques for continuous improvement (e.g., Kaizen, Six Sigma, Total Quality Management)    
  • Strategic Thinking/Management    
    • Creates and communicates a long-term vision, balances short- and long-term goals, keeps own and team's work aligned with overall goals, understands the market, and can predict change, understands the industry and the competition, creates, and adjusts strategic plans.   


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 [email protected] to notify us of any needs related to your job application.