Financial Institutions Commission Published: May 12, 2017
Job Type
Contact Name
J McCullough


BC Ministry of Finance
Financial Institutions Commission
Vancouver, BC
Examiner, Mortgage Brokers

Salary $62,000 - $86,000 annually

Bring your knowledge and experience from the mortgage broker/mortgage lending industry to this rewarding regulatory role with the public service.

The Financial Institutions Commission (FICOM), a regulatory agency of the Ministry of Finance, safeguards confidence and stability in British Columbia’s financial sector by protecting consumers from unfair market conduct and undue loss. The Market Conduct team within Mortgage Brokers department regulates the activities of B.C.'s mortgage broker industry under the Mortgage Brokers Act (MBA) and Mortgage Broker Regulations.

The role of the Examiner is to protect the public through the examination of industry participants as part of risk-based regulatory strategy in FICOM's mortgage broker program under the MBA.

Working under the direction of the Manager, Market Conduct the Examiner is responsible for the identification and assessment of potential subjects for examination, based on evolving indicia of risk using internal and external sources of information, and conducting examinations of those brokers and brokerages. Drawing on their industry-based knowledge of mortgage broker industry practices, the Examiner will review mortgage broker records and files to assess the extent to which mortgage brokers and brokerages are meeting regulatory expectations.

The Examiner will use sound judgment and analysis in making recommendations to the Manager, Market Conduct for deciding the scope of examination required, on a case-by-case basis, and in identifying instances of material misconduct warranting potential escalation to an investigator and/or taking enforcement action or voluntary compliance, where required. He or she will take any opportunity to provide education and guidance to industry participants with respect to aligning their business practices with regulatory expectations, and reinforce and promote good practices to enhance consumer protection wherever found. Additionally, the Examiner will provide general support to the Mortgage Broker department by working on special projects and supporting Market Conduct and Investigations teams when required.

Qualifications for this role include:

  • Post-secondary degree or equivalent combination of education and experience, preferably in business, mortgage lending, brokering, or real estate;
  • Experience interpreting and applying legislation, regulations and/or policy is an asset;
  • Minimum (5) years of underwriting, auditing/compliance or investigative experience in the mortgage broker industry (extensive origination or lending experience in the mortgage broker industry in combination with other relevant experience may be considered as an equivalent)


For more information and to apply by May 31, 2017, please go to:

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