Operations Process Risk Manager POST NUMBER: 405629
- Understand the company's environment help the business identify, assess and monitor operational risk
- Lead the Risk and Control Self-Assessment (RCSA) discussions and provide a sound second line of defense
- Propose appropriate Key Risk Indicators (KRIs), set risk thresholds limits and conduct KRI benchmarking
- Lead internal loss event discussions, advise on risk exposure and remedial actions
- Identify plausible Operational Risk scenarios and conduct Operational Risk Scenario Analysis
- Perform comparative analysis and review the risk assessments and outputs of each of the operational risk management tools
- Assist in rolling out ORM Program components to new entities and provide training sessions
- Act as a trusted advisor to the business unit for operational risk management needs.
- Provide ongoing support to the Third-Party Risk Management process
- Develop or enhance key components of the Operational Risk Management Framework and Internal Control Framework to maintain program consistency with the regulatory expectations
- Manage the Corporate Insurance process for all stores including project management oversight of application forms, annual renewal process, purchase of new insurance/endorsements as needed
- Working with the corporate insurance broker to ensure adequate coverage is maintained within risk appetite
- Provide guidance to internal stakeholders on corporate insurance matters, including policy interpretation, coverage analysis, claims management, review of insurance terms in contracts
- Bachelors or equivalent degree in Business Admin/Commerce/Finance/Economics/Mathematics/IT/Data Analytics/Computer Science
- CPA, CRM, ARM, CRMP, CIP or any other risk designation is a requirement Experience in facilitating projects/programs that involved cross-functional stakeholders
- Engage, build, and maintain collaborative and productive relationships
- Effectively convey risk-related information clearly and persuasively to various levels of the organization;
- Adept at analyzing data and information to identify trends, patterns, and potential risks.
- Evaluate risks objectively and propose risk mitigation plans based on data-driven insights.
- Ability to approach a problem by using a logical approach.
- Put customers first and demonstrate willingness and concern for the needs of customers
- Understand the business strategies and objectives to enable informed risk assessments.
- Experience in leading projects/programs that involved cross-functional stakeholders
- Prior knowledge/experience of OSFI’s Guidelines for Operational Risk Management
$80000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #405629.
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.