The Group Risk Specialist provides a comprehensive and diverse range of risk management expertise to business leaders. Leads and supports the implementation of appropriate risk frameworks and related management activities to mitigate enterprise and/or business-wide risk exposures for key business segment of the Bank or functional area. May provide oversight, commentary, and recommendations based on overall strategy and industry best practices. The Non-Model/End-User-Computing Tool (EUC) Risk Management QA/QC role provides second line of defense risk management and oversight of Non-Models/EUCs, which are analytical/computational tools that are used to support business processes and are not considered models. The role will support the governance of Non-Model/EUC risk to the bank by executing compliance and control testing to validate that Non-Models/EUC risks are managed in compliant with the bank's Non-Model Risk Management program. Main duties include the below:
-Highly seasoned professional role requiring substantial knowledge/expertise in a complex field and knowledge of broader related areas
-Integrates knowledge of the enterprise sub-functions or business lines overarching strategy in developing solutions across multiple functions or operations
-Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
-Acts as a technical expert/lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists
-Leads cross-functional teams or projects with significant resource requirements, risk and/or complexity
-Independently manages end-to-end functional programs
Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
-Uses sophisticated analytical thought to exercise judgement and identify solutions
Impacts the achievement of sub-function or business line objectives within the area they are accountable for
Work is guided by policies and industry standards/methods
-Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
-Works autonomously as the lead and guides others within area of expertise
-Leads the development and/or implementation of specific standards, policies and/or processes that identify, report on and mitigate operational (or all major) risk exposures within the business
-Proactively analyzes potential risks and ensures escalation of key risks to appropriate areas and/or executive review with business executive findings and action plans to mitigate and manage these risks
-Establishes and provides on-going analysis and reporting on operational risk and/or other major risk categories as applicable to own business or functional area, and reviews findings and action plans with business leaders to mitigate and manage key issues
-Coordinates and/or guides activities relating to core operational risk disciplines/programs including, Risk & Control Self-Assessment, Business Continuity Management, Outsourcing & Vendor Management, Regulatory Compliance (e.g. CDIC, AML, Privacy, IDA, CBA, SOX, Basel etc.)
-Supports enterprise-wide operational risk escalation, review and approval processes, data management, policies and risk assessment processes
-Directs the development and monitoring of Key Risk Indicators and facilitate communication and resolution of risk issues among other business segments where applicable
-May be accountable for managing ancillary operational risk areas (e.g. BCM/incident management, outsourcing/vendor management, fraud aggregation and assessment, Basel implementation/capital analysis, change management, Privacy, AML, LCM and other regulatory issues), in addition to core functions
-May be responsible for providing support for other major risk areas (e.g. Market, Credit, Reputational and/or Regulatory risks etc.)
-May be a point of contact for guidance in the monitoring/reporting of compliance, management, and strategic initiatives
-Provides broad/deep commentary in support of the development/maintenance/oversight of policies/procedures/practices, as required
-Adheres to enterprise frameworks or methodologies that relate to activities for our business area
-Ensures respective programs/policies/practices are well managed, meet business needs, comply with internal and external requirements, and align with business priorities
-Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
-Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
-Participates in cross-functional/enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
-Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience
-Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations and assess the effectiveness of programs/policies/practices
-Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist
-Leads/facilitates and/or implements actions/remediation plans to address performance/risk/governance issues
-Actively manages relationships within and across various business lines, corporate and/or oversight functions and ensures alignment with enterprise and/or regulatory requirements
-Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
-Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to
Human Resources Request Form. The EEOC "Know Your Rights" Poster is available
here.
To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy:
https://insightglobal.com/workforce-privacy-policy/ .
-Undergraduate degree or technical certificate and/or 7-10+ years relevant experience
-Advanced knowledge of risk management governance, programs, policies, practices, operating frameworks & reporting for business supported and/or area of discipline
-Knowledge of risk management environment, standards, regulations and mitigation
-Non-Model/EUC risk management/governance experience
-Knowledge of Non-Model/EUC governance, risk, and compliance
-Knowledge of Non-Model/EUC risk management framework, including risk level assessment and controls
-Compliance or QA/QC testing or audit experience
-Working knowledge or familiarity with desktop or web-based applications such as Excel, VBA, SQL, SAS, Access, Alteryx, Power BI, Python, and Tableau
-Knowledge of current and emerging competitor and market trends
-Ability to establish goals and objectives which support the strategic plan
-Ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives
-Advanced skill in using analytical software tools, data analysis methods and reporting techniques
-Skilled in using computer applications including MS Office