Mr. Gaspar Csete is a director at the Office of the Superintendent of Financial Institutions within the Housing and Mortgage Risk Division. His team has been responsible for developing and managing the loan to income measure, as well as for the ongoing calibration of the mortgage qualifying rate.

Prior to his current role, he worked in the Industry Surveillance and Credit Risk Divisions of OSFI, where he helped coordinate different work streams across both the retail and wholesale risk areas. He took a leading role in several broader institution-facing initiatives, including work on CLPs, underwriting guidance, and setting expectations on innovative products in RESL.

Before joining OSFI, Gaspar spent his entire career at Capital One’s Canadian operations in a variety of first- and second-line roles, ranging from marketing strategy and digital product management to collections strategy and credit risk management. In this second line role, he was responsible for effective challenge on credit strategies, and was responsible for provisions, stress testing, and economic analysis.