Opportunities - Selection Processes

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Chairperson, Canada Deposit Insurance Corporation,

Appointment Opportunity

We know that our country is stronger and our government more effective when decision-makers reflect Canada’s diversity. Moving forward, the Government of Canada will use an appointment process that is transparent and merit-based, strives for gender parity, and ensures that Indigenous Canadians and minority groups are properly represented in positions of leadership. We will continue to search for Canadians who reflect the values that we all embrace: inclusion, honesty, fiscal prudence, and generosity of spirit. Together, we will build a government as diverse as Canada.

The overarching goal of the Minister of Finance is to use the fiscal and budgeting tools at the government’s disposal to implement its New Plan for a Strong Middle Class.

The Government of Canada is currently seeking applications from diverse and talented Canadians from across the country who are interested in the following position:

Chairperson (part-time position)

Canada Deposit Insurance Corporation

The Canada Deposit Insurance Corporation is a federal Crown corporation that provides insurance against loss of deposits and contributes to promoting the stability of Canada’s financial system. The Corporation protects deposits held at its member financial institutions. It is funded by premiums assessed on $739 billion of insured deposits in its 80 member institutions, which includes all of the major banks and trust companies.

The Chairperson is primarily responsible for the effective operation of the Board. Working closely with the President and Chief Executive Officer, the Chairperson is dedicated to protecting depositors while minimizing the Canada Deposit Insurance Corporation’s exposure to loss; ensuring effective relations with the Minister of Finance, Parliament, other stakeholders and the public; and providing advice and guidance as required. This position involves the pressures of ensuring good governance of a Crown corporation, and balancing both public policy and business considerations in a decision-making environment that is complex and fluid.

The Board generally meets about four to six times per year, or more, as required.

Further details about the organization and its activities can be found on the Canada Deposit Insurance Corporation's website.

Applicants who have already submitted their application earlier this year need not apply again.

Candidates must apply online by 11:59 p.m. Eastern Time on July 17, 2017, via the Governor in Council Appointments website. Your cover letter should be addressed to the Assistant Secretary to the Cabinet (Senior Personnel), Privy Council Office, and should be sent only through the online application.

Per diem: $360 - $420

Annual Retainer: $9,200 - $10,800

Position Location: Ottawa, Ontario

Official Languages and Diversity

The Government of Canada will consider bilingual proficiency and diversity in assessing candidates for this position. You are therefore encouraged to include in your online profile your ability to speak and understand your second official language. Preference may be given to candidates who are members of one or more of the following groups: women, Indigenous Canadians, persons with disabilities, and members of visible minorities.

To be considered for this position, please provide examples from your career that clearly demonstrate how you meet the following requirements in your application:

Education and Experience

  • A degree from a recognized university in a relevant field of study, or an acceptable combination of relevant education, job-related training and/or experience;
  • Experience serving as a member of a board of directors of a public and/or private organization, preferably as Chairperson;
  • Experience in managing human and financial resources at the senior executive level;
  • Experience dealing with government, preferably with senior government officials;
  • Experience developing and maintaining effective working relationships with key stakeholders;
  • Experience in implementing modern corporate governance principles and best practices; and
  • Experience relating to financial services, preferably deposit taking institutions, would be considered an asset.

If you are selected for an interview, the following criteria will be assessed:

Knowledge, Skills and Abilities

  • Knowledge of the mandate and activities of the Canada Deposit Insurance Corporation and its legislative framework, including the Canada Deposit Insurance Corporation Act and the Financial Administration Act;
  • Knowledge of current domestic and international financial sector issues, and of the public policy issues related to the mandate of the Canada Deposit Insurance Corporation;
  • Knowledge of the federal government’s expectations with regard to accountability and reporting, public policy environments, process and best practices;
  • Ability to develop and maintain effective working relationships with the Minister of Finance and the Minister’s Office, the Deputy Minister of Finance, and the Corporation’s stakeholders;
  • Ability to anticipate emerging issues, and develop strategies to enable the Board to seize opportunities and resolve problems that may arise; and
  • Ability to foster debate and discussions among Board members, facilitate consensus, and manage conflicts.

Language Requirements

Proficiency in both official languages would be preferred.

If you move on to the next stage of the selection process, we will contact your references to verify how you have demonstrated the Experience requirements and the following Personal Attributes in your current and recently held positions:

  • Sound judgment
  • High ethical standards and integrity
  • Superior interpersonal skills
  • Initiative
  • Diplomacy

Eligibility Factors and Conditions of Employment

In your application, it will be important that you confirm you meet the following requirements:

  • You must be a Canadian citizen ordinarily resident in Canada (statutory).
  • You must be a person of proven financial ability (statutory).
  • You cannot be a member of the Senate or House of Commons, or a member or a provincial legislature (statutory).
  • You cannot be a director, officer, or employee of a federal or provincial institution, or a local cooperative credit society (statutory).

If you are appointed to this position:

You must comply with the Ethical and Political Activity Guidelines for Public Office Holders throughout your appointment as a term and condition of employment. The guidelines are available on the Governor in Council Appointments website, under Forms and reference material.

You will be subject to the Conflict of Interest Act. For more information, please visit the Office of the Conflict of Interest and Ethics Commissioner’s website.

The CDIC Conflicts of Interest Code imposes certain restrictions on the ownership of shares in CDIC member institutions; copy is available upon request.

A link to this notice will be placed in the Canada Gazette to assist the Governor in Council in identifying qualified candidates for this position. It is not, however, intended to be the sole means of recruitment.

A roster of qualified candidates may be established and may be used for similar opportunities.