About the role

  • Manager of Operational Risk Management at Equitable Bank ensuring effective risk oversight and compliance. Collaborating on risk identification tools and supporting operational risk management initiatives.

Responsibilities

  • 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.
  • Contribute to reviews and updates to operational risk policies, guidelines and standards.
  • Create and maintain operational risk management guidelines, manuals and tools.
  • Through oversight activities, ensure that technology issues are identified, remediated and reported to senior management within established monitoring and escalation parameters.
  • Assist with oversight activities with business units to enhance the management of operational risk.
  • Support regularly scheduled and ad-hoc risk reporting and analytics to support senior management reporting.

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.
  • Demonstrated advanced technology proficiency, including expert-level Microsoft Office skills (Excel, PowerPoint, Word), Power BI data modeling and dashboard development, and the ability to leverage digital tools to enhance risk reporting, analytics, and operational efficiency
  • Advanced knowledge of risk management, compliance matters, and corporate governance in Canadian Financial Institution environment.
  • 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 presentation skills.

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

Job title

Manager, Operational Risk Management

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job