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Operational Process Risk Manager

3 months ago


Vaughan, Ontario, Canada CAA Club Group Full time

Position Details

What you will do :

Understand CCG's insurance 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 CCG 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

Who you are :

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; able to convey complex concepts in a simple and understandable manner 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