Located in downtown Vancouver, the British Columbia Securities Commission (BCSC) is the province’s independent regulatory agency responsible for administering and enforcing the provincial Securities Act. BCSC’s primary mandate is to protect and promote the public interest by fostering: a securities market that is fair and warrants public confidence; a dynamic and competitive securities industry that provides investment opportunities and access to capital
The Division of Economic Analysis is a small division within the BCSC that provides assistance in planning and executing evidence-based policy development. Economic Analysis also is active in strategic planning and in several risk management initiatives including enterprise risk management and designing and implementing risk models for specific oversight needs.
The Economist will build the BCSC’s capacity to execute research projects that support major strategic and policy initiatives. The Economist will execute research studies from inception to knowledge transfer. The Economist will also engage in programs that enable our talented professional staff to conduct basic analysis. The position requires strong research and data analysis skills, client service skills, and thought leadership.
About the job
The Economist’s core duties include:
- Working with staff leading policy projects to identify critical data needs and design approaches to gather the data
- Leading cost-benefit analysis on policy projects or strategic initiatives of priority to the BCSC
- Leading qualitative market studies on specific topics relevant to securities regulation
- Facilitating new data sources coming into the BCSC
The Economist could also take on additional duties, depending on their strengths, that may include:
- Developing risk models or decision support tools
- Contributing to systemic risk work
- Leading research studies using trading and/or order data
- Facilitating new analytic and visualization tools coming into the Commission
- Measuring actual outcomes of implemented policies
- Summarizing academic economic studies on topics of interest to policy staff
The successful applicant will play a key role in supporting expert staff throughout the commission with economic analysis. The Economist will build and maintain effective relationships with colleagues, will be able to understand internal client needs, and will propose methodologies that can practically lead to data needed to inform decision-making. Working to deadlines under minimal supervision, on multiple projects simultaneously, the Economist will execute her/his projects to the highest standards and ensure the knowledge is effectively transferred to the internal client needing to put the insights into practice. S/he will maintain a positive attitude when under pressure, being a champion for creating results for each team he/she is on.
Minimum requirements are:
- Graduate degree relevant to working as an economist
- Two years post-grad school work experience actively solving complex problems
- Superior analytical skills and ability to develop plans for evidence-based decision making
- Ability to be sole domain expert and interact with colleagues of different specializations
- Experience with cost-benefit analysis or constructing business cases
- Ease of communicating in plain language, both in speaking, writing, and graphics.
Other assets include any of the below (must have at least one):
- A graduate degree in economics or finance from a leading university, or professional credentials or a graduate degree related to data analytics/quantitative techniques
- Experience conducting cost-benefit analysis
- Dynamic individual who is known for his or her progressive thought leadership and relationship building
- Knowledge of securities and/or regulatory regimes.
We offer a challenging and rewarding work environment and a competitive compensation package that includes an incentive program, defined benefit pension plan, and four weeks of annual vacation.
How to apply:
Applications are only accepted through our online website, http://www.bcsc.bc.ca/employment.asp, by June 20, 2013. Competition 13:116.
Candidates must be authorized to work in Canada or qualify as an Economist under the NAFTA agreement. Investment restrictions apply. We are an equal opportunity merit-based employer.