
Senior Manager, Operational Risk Management
EQ Bank | Equitable Bank
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • Canada
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Job Level
Tech Stack
About the role
- Support the business activities related to implementation of various risk identification tools: the new initiative risk assessment (NIRA) and the Risk and Control Self-Assessment (RCSA)
- Evaluate and challenge Key Risk Indicator (KRI) reporting to validate accuracy and identify trends.
- Lead the development, administration and maintenance of the Bank’s Governance, Risk Management and Compliance (GRC) tool (Resolver), identifying system led automation opportunities for current processes and promoting operational efficiencies.
- Provide oversight to the business through assessments, ensuring remediation / action plans are appropriately addressed, monitored, reported and escalated, as necessary.
- Oversee the management of the Operational Risk Event life-cycle
- Responsible for providing effective independent oversight and challenge of the business operations and risk profile to ensure that risks have been appropriately identified and managed.
- Provide guidance, oversight, review and effective challenge of Enterprise issue remediation until closure.
- Provide recommendations on potential emerging risks and significant events which could have a material impact on the successful achievement of corporate objectives.
- Assist with operational risk training programs and program awareness delivery.
- Assist and provide guidance on Fraud risk mgmt., ensuring both 1st and 2nd line have effective risk management programs
- Lead a team of Operational Risk Professionals, with responsibility for the tracking and delivery of BAU activities and driving a collaborative working environment.
- Conduct regular performance check-ins, goal setting, and development planning aligned with individual and team objectives.
- Work directly with leads of other Non-Financial risks and ensure programs are integrated and aligned where possible and reporting is cohesive and consolidated
Requirements
- Undergraduate degree in finance, economics, business administration or commerce complemented by a professional designation in finance or accounting.
- 3-5 years of experience in an operational risk and/or information technology risk oversight role in a financial institution.
- Risk Management certification such as, Canadian Risk Management Designation (CRM) would be considered an asset.
- Basic knowledge of risk management, compliance matters, and corporate governance.
- Strong analytical and quantitative skills and problem-solving abilities. Strong attention to detail.
- Strong written and verbal communication skills coupled with meeting facilitation abilities and good presentation skills.
- Good organizational, project and time management skills to efficiently deliver concurrent projects with competing priorities. PMP would be considered an asset.
- Experienced in audit or sampling techniques and regulatory/legal requirements of financial institutions.
- Developing knowledge and awareness of the financial industry, risk management practices and regulatory and/or policy changes.
Benefits
- Competitive discretionary bonus
- Market leading RRSP match program
- Medical, dental, vision, life, and disability benefits
- Employee Share Purchase Plan
- Maternity/Parental top-up while you care for your little one
- Generous vacation policy and personal days
- Virtual events to connect with your fellow colleagues
- Professional development and comprehensive Career Development program
- A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
risk identification toolsKey Risk Indicator (KRI) reportingGovernance, Risk Management and Compliance (GRC) tooloperational risk managementFraud risk managementaudit techniquesregulatory requirementsquantitative analysisproblem-solvingproject management
Soft Skills
analytical skillsattention to detailwritten communicationverbal communicationmeeting facilitationpresentation skillsorganizational skillstime managementcollaborative workinggoal setting
Certifications
Canadian Risk Management Designation (CRM)Project Management Professional (PMP)