Economist

Ontario Securities Commission • Toronto, ON

1d • Onsite

About The Position

The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, adjudication and enforcement work. The OSC also contributes to national and global securities regulation development. The Economic, Market & Analysis (EMA) Department within the Regulatory Transformation & Strategic Research Division is responsible for the delivery of economic, regulatory and financial research and analysis that supports the development of OSC regulatory strategy and policy recommendations. The Branch advises on and informs the OSC’s strategy, priorities, regulatory operations and discussions with other regulatory bodies and agencies concerned with financial stability. Reporting to the Manager, Research and Analysis, the Economist will contribute to the analysis of policy issues and market trends by conducting quantitative and qualitative research; compiling data and applying economic analysis. You will be part of a diverse and highly motivated team of problem solvers that are passionate about using data and advanced quantitative methods to better understand the markets we regulate and how new developments or policy proposals will impact key stakeholders.

Requirements

• Undergraduate degree in economics, finance, data science or equivalent quantitative discipline.
• A minimum 2 years of relevant work experience in the financial services sector or applying economic analysis or research in a professional or academic environment.
• Experience querying relational databases and working with modern data science platforms (e.g., Microsoft Azure Synapse , Databricks).
• Strong programming experience in Python and/or R for data preparation, analysis and visualization.
• Proficient with Microsoft Excel and experience building reports and dashboards using Tableau, Power BI or other business intelligence tools.
• Experience communicating technical or detailed subject matter effectively and succinctly to a diverse audience, both verbally and in written reports.
• Experience with key financial market data platforms such as Bloomberg, LSEG Workspace, S&P Capital IQ, Morningstar Direct, etc.
• A broad understanding of financial markets, as well as a general understanding of the Canadian securities regulatory framework.
• Resourcefulness and the ability to demonstrate deep analytical insights and problem-solving skills.
• Attention to detail and willingness to adapt, learn and collaborate with others in a dynamic work environment.

Nice To Haves

• A Masters level degree in a quantitative discipline would be an asset.
• Experience applying machine learning frameworks and designing workflows to utilize large language models (LLMs) for data extraction and analysis would be an asset.
• Completion of the Canadian Securities Course would be an asset.

Responsibilities

• Contribute to research initiatives focused on data collection and analysis to help inform key decision makers involved in policy and operational initiatives.
• Work independently and in collaboration with others to analyze complex research questions and address common data challenges.
• Provide results within agreed timelines and keep stakeholders informed of progress and risks on a timely basis.
• Participate in the design of research studies, including identifying sources of data and proposing appropriate analytical techniques.
• Communicate completed analysis through written reports and/or presentations with limited review from senior staff.
• Participate in presentations to OSC staff and as required, senior management and commissioners.
• Effectively communicate key research findings, or highly technical subject matter to a diverse audience.
• Have a keen interest to further develop your analytical skills and expand your knowledge of Ontario’s financial markets.

Benefits

• Competitive compensation package which includes performance-based incentives and a premier pension plan
• Generous vacation and personal time entitlements
• Best in class comprehensive health and wellness benefit package which includes gym membership discounts with Goodlife Fitness
• Tuition reimbursement program
• Training and development programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level