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Location: CA - Ontario - Ontario
Category:
Posted: May 16, 2025

The Client

A major financial services institution with presence in multiple countries.

What you must bring to this role

  • 7-10 years' experience in commercial banking, risk management, risk advisory in financial services or professional services.
  • Post-secondary education in finance, accounting, math or business. Working towards FRM, CPA, CIA or CFA would be an asset.
  • Sound, practical knowledge of credit risk and portfolio management strategies; foreign exchange trading, derivative products, FI/money markets and stress testing.
  • Strong knowledge of leading industry practices related to risk management in financial institutions - enterprise, credit, market, liquidity, operational and other key risks areas.
  • Knowledge and understanding of applicable regulatory requirements, expectations and business impacts.
  • Strong analytical skills to interpret complex data and communicate findings effectively.
  • Excellent written and spoken English.
  • Advanced MS Excel skills and strong knowledge of Word and PowerPoint.
  • Ability to work independently and meet deadlines.
  • Result-oriented and attentive to details.

What you will achieve in this role

Risk Policy & Governance

Ensure the organization's risk management policies and strategies are in compliance with applicable regulations, rating agency standards and strategic imperatives of the organization

  • Prepare and review all ERM policies, standards, guidance and procedures from HO including AD for adoption and implementation by Canada Branch.
  • Adoption of Enterprise-wide Risk Management Policies, Frameworks, Standards and Guidelines.
  • Develop implementation plan for newly adopted/established policies owned by ERM Department.
  • Proactively monitor the external environment (i.e. real estate markets, interest rates, capital markets, inflation, GDP etc.) and the organization's risk exposure for adverse impacts to risk policies / procedures and recommend changes as appropriate.
  • Review and provide recommendations for changes to internal limits, risk tolerance, and key risk indicators.
  • Annual review and update of ERM-owned policies, frameworks, procedures and desktop manuals.

Risk Identification, Monitoring and Reporting

  • Develops Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to the firm's Enterprise Risk Management Framework
  • Monitors and analyzes risk with the company's business units and reports on these risk to senior management
  • Establish, monitor, and reporting of Risk Appetite measures
  • Prepare materials for the monthly ALM and ERM committee meetings to senior management
  • Assist in the development and execution of ERM stress testing and scenario analysis program
  • Keeps abreast of developing global financial and economic trends and emerging risks that may impact the organization
  • Establish and ongoing management of the Risk Identification - Top & Emerging Risk / Scenario Development / Playbooks / Black Swan event

Corporate Strategy, Risk Appetite and Planning

  • Contribute to the review / update of enterprise risk management strategy and action plan
  • Contributes to the periodic reviews of the Canada Branch's strategy, the Risk Appetite Framework and ERM Framework

Other Risk Management duties

Assist the CRO in liaison with local regulators and industry groups (OSFI, CBA).

Only those who are qualified will be contacted.


Read the full job description and apply online on the recuiter's web-site

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