Job Posting Details

Policy Analyst (BC), Central 1 Credit Union

Location:Vancouver, British Columbia
Posting Date:August 24, 2018
Closing Date:until filled
Employment Type:Full-time

Company Description

Central 1 wants to be the national choice for financial, digital banking, and payment solutions in Canada. Our unique place in the financial services industry enables us to power progress for more than 300 financial institutions from coast to coast to coast. Central 1 has created a collaborative work environment made up of curious and courageous employees passionate about finding the right way forward for clients. 

It’s important we succeed, because the banking industry is one where disruption rules and old ways of doing business are quickly becoming a thing of the past. Central 1 is here to keep Canada’s financial marketplace diversified, support Canadians who want a choice when it comes to banking, and do good for the communities we serve.


    Job Description

    As the successful candidate, you will research and conduct analysis of federal and provincial government legislative and regulatory proposals that could impact member credit unions or Central 1 while assisting in the development and delivery of related government relations services. This position presents a unique opportunity to build relationships with key business leaders, government officials and leading industry experts. Working closely with system partners at the Canadian Credit Union Association (CCUA), the position monitors the activities/initiatives of the provincial and federal governments, as well as international regulatory bodies, in order to recognize and effectively respond to changes in policy. This includes the monitoring of guidance from provincial regulators to ensure credit unions are able to maintain compliance.

    Specific Accountabilities:

    • Working closely with CCUA, research potential issues and amendments to federal and provincial financial institutions’ statutes and regulations, including the Credit Union Incorporation Act (B.C.), the Financial Institutions Act (B.C.), the Credit Unions and Caisses Populaires Act 1994 (Ontario), the Bank Act and the Trust and Loan Companies Act (Canada).
    • Prepare briefing notes, consultation papers, and other documents as required to build awareness and understanding of policy issues and emerging issues amongst key decision making groups.
    • Drawing on data resources domestic and international, propose policy alternatives that ensure the competitiveness of the credit union. 
    • Monitor, assess and present to management and external stakeholders business impacts of policy, regulatory, social and political trends. Provide technical writing and analytical support to management in the development of strategic projects. 
    • Develop submissions to governmental and regulatory authorities on behalf of Central 1, and/or the B.C. or Ontario credit union systems.
    • Collaborate with consultative groups to develop negotiation strategies for statutory and regulatory amendments that may have an impact on credit unions. 
    • Develop briefing material promoting credit union interests for use with MLAs, MPPs, elected and appointed municipal and regional officials and where appropriate and in coordination with CCUA, federal Members of Parliament and Senators. 
    • Coordinate and lead province-wide government consultations and advocacy initiatives.
    • Coordinate the development and delivery of seminars relating to legislative and governmental processes and developments, including facilitating and organizing major events such as Advocacy Day.
    • Facilitate Webinars and prepare accompanying PowerPoint presentations. 
    • Act as a resource to Central1 and CCUA Legislative Committees and other project teams as relevant to role.
    • Prepare board and committee reports as required. 
    • Respond to external stakeholder requests in a timely manner and provide support on advocacy. 
    • Represent the department and Central 1 on other committees, including CCUA committees, as required.
    • Attend events outside regular work hours to represent credit unions and meet with government officials.



    • Bachelor’s degree in political science, public administration or field related to policy analysis. A master’s degree in one of the related fields would be an additional asset. 
    • Knowledge of laws relative to financial institutions, and understanding of the provincial and federal legislative processes.
    • Strong oral communication skills, including demonstrated proficiency in delivering presentations to, and sharing research findings with, external stakeholders such as credit union leaders or legislators. 
    • Ability to negotiate politically sensitive situations with a high degree of integrity, while still delivering exceptional member service.
    • Ability to synthesize complex data and information pertaining to capital, liquidity, and other regulatory guidance into plain language for system submissions.
    • Demonstrated research skills, including capacity to understand competitive and regulatory environments using a variety of private and public databases.
    • Ability to work independently.
    • Proficiency in Microsoft office applications and statistical analysis software. Ability to develop and model regulatory norms is an asset.


    Additional Information

    Grade: D1

    Internal applicants submission date: by Aug 28, 2018

    As much as we believe in working hard, we also believe in personal growth and taking time for ourselves. Accordingly, our total rewards philosophy amounts to one of the best compensation and benefits packages in the industry – from performance-based incentives and extended benefits, to training and education reimbursements and ample vacation time.

    Central 1 is committed to diversity and inclusion. If you have a request for an accommodation, we will work with you to meet your needs.

    *Unsolicited resumes from vendors will not be accepted for this or any position at Central 1*