Operational Risk Manager

2 weeks ago

Montreal, Quebec, Canada Crédit Agricole SA Full time

Types of Jobs - Risk Management / Control

Job titleContract type

Permanent Contract

Job summary

Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience dealing with regulators, and ability to lead and drive change for effective operational risk management

Understanding of processes, risks, and related controls within Middle Office / Back Office functions and related support functions such as IT, Finance, Risk, Compliance, etc. is preferred. Expertise and versatility with PC tools and applications: MS Office, PowerPoint, and data visualization tools like PowerBI is also preferred.

Primary Function:

Reporting regionally to the second-line CACIB Risk Function / Department within CACIB NY Branch, the Operational Risk Manager (ORM) will have management responsibility for related monitoring, reporting, and surveillance of all business-line / support functions (BL/SF) within their scope in terms of: Incident / Loss identification; Control Indicators / Metrics; Risk and Control Self-Assessments (RCSAs); Action Plan monitoring; Governance and reporting, etc. related to the Canadian entity.

Depending on their expertise and background, the ideal candidate will have some knowledge of and familiarity with other types of specific non-financial risks such as Compliance, Cybersecurity, Third-Party Risk Management, and or Data Quality / Governance.

Responsibilities:

Applying a risk-based approach, the ORM will work closely with the Canadian 1LoD (Line of Defense) under their responsibility / scope to ensure that:

Incidents and losses are accounted for in Olimpia tool, escalated, control gaps are identified, and properly actioned. Attention to detail and CIB product understanding and priorities are critical also to ensure accurate and timely reporting.

Metrics (i.e. Key Risk / Key Control Indicators) are in place which adequately / appropriately measure those risks or control results. Ensure accurate and timely reporting.

Periodic coordination also with Paris CACIB HO (Head-Office) ORM team and BL/SF ORM teams. This includes management or oversight of local indicators as well as those required by HO and in Olimpia and COSMOS going forward.

Risk and Control Self-Assessments (RCSA) – periodically prepare, review, and challenge the 1LoD who are the owners of their RCSA and ensure the accuracy and timely reporting of key processes, related key risks, and associated key controls.
Maintain good relationships and effective communication / coordination with the Operational Risk Representatives (ORR) in the 1LoD but also among other 2LoD functions in Risk (e.g. Market and Credit), Compliance, and 3LoD Audit. In addition, some coordination also with Enterprise Risk Management function for CUSO (Combined US Operations), if applicable.

Supplementary Information

Governance and reporting – Contribute, participate, and present at the CACIB ICC (Internal Control Committee aka Operational Risk Committee) as well as participate and contribute to CUSO USRC (US Risk Committee) of CASA group, if applicable. Other reporting requirements include contributions to the semi / and annual reports on Internal Control for HO as well as the 6x annually PCC (Permanent Control Committee). Also, organize and manage periodic Internal / Permanent Control Committees of Canada Branch / Entity.

Depending on the BL/SF scope of responsibility, the ORM will participate in various 1LoD and 2LoD committees to further understand Operational Risks of the bank and to demonstrate also independent and effective challenge where issues are raised. This information is also necessary to enrich the quality and content of the MIS mentioned above.

Handling and management of regulators and IGE who periodically assess 2LoD and/or need assistance evaluating or understanding of key areas of risk or themes as well as any identified control issues, threats, or vulnerabilities that exists or incidents they may have occurred during the period.

Balance and manage norm and methodology requirements at CACIB HO but also of local management and Canadian or US regulators.

Periodically perform spot-checks and/or test controls and report results at either ICC or ePCC.

Geographical area

America, Canada

City

Montreal

Bachelor Degree / BSc Degree or equivalent

Bachelor minimum in related field.

Level of minimal experience

6-10 years

Experience

Operational Risk Professional with at least 7 years experience

Required skills
  • Solid knowledge and understanding of CIB products, services, and functions.
  • Excellent analytical, communication, organizational, and interpersonal skills
  • Entrepreneurial, results oriented team player who is constructive, promotes collaboration, and is able to manage disagreement
  • Effective presentation and communication skills and comfortable leading discussions at all level of the bank including local management committee
  • Effective handling of regulatory requests and in periodic meetings with regulators
  • Ability to work independently and collaboratively across all functions
  • Needs to be very rigorous in terms of analyzing and reporting
  • Excellent sense of urgency and prioritization and ability to demonstrate effective challenge where necessary
  • Expertise and versatility with PC tools and applications: MS Office, Advanced Excel, PowerPoint, Visual Basic is preferred.
  • Familiarity with data visualization tools like Power BI is a plus
  • English speaking, reading and writing. French is a plus
General informationEntityAbout Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July ,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.For more information, please visit working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities. EntityAbout Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July ,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.For more information, please visit working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities. #J-18808-Ljbffr

  • Manager, Operational Risk

    1 week ago

    Montreal, Quebec, Canada Sun Life Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Operational Risk Manager

    2 weeks ago

    Montreal, Quebec, Canada emergiTEL Full time

    Job Posting: Operational Risk ManagerThe Opportunity:Our global financial services client is currently seeking an experienced Operational Risk Manager to join their growing team.Role Overview:The ideal candidate will be an Operational Risk professional with at least 7 years of experience, preferably within the first or second line of defense (1LoD or 2LoD)....

  • Operational Risk Manager

    2 weeks ago

    Montreal, Quebec, Canada emergiTEL Full time

    Our global financial services client is currently seeking an experienced Operational Risk Manager to join their growing team.Role Overview:The ideal candidate will be an Operational Risk professional with at least 7 years of experience, preferably within the first or second line of defense (1LoD or 2LoD). They should possess a deep understanding of Corporate...

  • Operational Risk Manager

    2 weeks ago

    Montreal, Quebec, Canada Crédit Agricole CIB Full time

    Description du poste Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience dealing with regulators, and ability to lead and drive change for effective operational risk management Understanding of processes, risks, and related...

  • Operational Risk Manager

    2 months ago

    Montreal, Quebec, Canada CA CIB Americas Full time

    Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience dealing with regulators, and ability to lead and drive change for effective operational risk managementUnderstanding of processes, risks, and related controls within Middle...

  • Operational Risk Manager

    4 weeks ago

    Montreal, Quebec, Canada CA CIB Americas Full time

    Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience dealing with regulators, and ability to lead and drive change for effective operational risk managementUnderstanding of processes, risks, and related controls within Middle...

  • Operational Risk Manager

    1 week ago

    Montreal, Quebec, Canada Crédit Agricole CIB Full time

    Job description Business type Types of Jobs - Risk Management / Control Job title Operational Risk Manager Contract type Permanent Contract Job summary Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience...

  • Operational Risk Manager

    1 week ago

    Montreal, Quebec, Canada Crédit Agricole SA Full time

    Types of Jobs - Risk Management / Control Job title Contract type Permanent Contract Job summary Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience dealing with regulators, and ability to lead and drive change for effective...

  • Manager, Operational Risk

    1 week ago

    Montreal, Quebec, Canada KPMG Full time

    Overview:At KPMG, you'll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.The opportunityWhat you will do:You will work closely with the risk management team on major projects and contribute to business developmentThe incumbent will: Participate in...

  • Operational Risk Manager

    2 weeks ago

    Montreal, Quebec, Canada David Aplin Recruiting Full time $128,000

    Join a top employer and advance your career. Aplin has partnered with a downtown Montreal-based prominent international bank that is expanding its presence in Canada. We are seeking an experienced Operational Risk Professional to enhance the operational risk management capabilities. Benefits & Perks: Salary up to $128,000/year Bonuses Benefits after 3...

  • Senior Advisor, Operational Risk Management

    2 weeks ago

    Montreal, Quebec, Canada VIA Rail Full time

    Description : Reporting to the Director, Risk Management, the Senior Advisor, Operational Risk Management will be responsible for overseeing, managing, and continuously improving the operational risk management program within the organization. As an expert, he/she will develop and implement frameworks and strategies to identify, assess, monitor, and...

  • Vie Operational Risk Management

    2 weeks ago

    Montreal, Quebec, Canada BNP Paribas Full time

    VIE OPERATIONAL RISK MANAGEMENT - MONTREAL, M/F (NUMÉRO DE L'EMPLOI :V_RISK_0105)VIE Operational Risk Management - Montreal, M/F**Your daily routine?Perform risk analysis of the department being supervised by looking at evolution of the activities, processes, events occurring that can have an affect the Operational risk profilePerform independent testing to...

  • Operational Risk, Automation

    2 weeks ago

    Montreal, Quebec, Canada Société Générale Full time

    Responsibilities:Societe Generale is a global financial institution and one of the largest foreign corporate and investment banks. As such, it has a diverse population which fosters opportunity to collaborate with colleagues in different countries as well as access to international mobility. The firm recently unveiled its new brand platform "The Future is...

  • Senior Advisor, Operational Risk Management

    2 weeks ago

    Montreal, Quebec, Canada Laurentian Bank Full time

    Seeing beyond numbers™At Laurentian Bank, we are determined to revolutionize the banking industry for the better. Established in Montreal back in 1846, Laurentian Bank plays a vital role in enhancing the lives of families, businesses, and communities. With a cohesive team of over 2,800 employees dedicated to providing a wide array of financial services and...

  • Senior Advisor, Operational Risk Management

    2 weeks ago

    Montreal, Quebec, Canada Laurentian Bank Full time

    Seeing beyond numbersTM At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across...

  • Manager - Risk Management Framework

    2 weeks ago

    Montreal, Quebec, Canada emergiTEL Full time

    Our global financial services client is currently seeking an experienced Operational Risk Manager to join their growing team. The ideal candidate will be an Operational Risk professional with at least 7 years of experience, preferably within the first or second line of defense (1LoD or 2LoD). They should possess a deep understanding of Corporate Investment...

  • Risk & Operations Analyst

    2 weeks ago

    Montreal, Quebec, Canada McGill St Laurent Full time

    **_ - CWP Energy, a McGill St Laurent Company -_**CWP Energy is an energy trading company based in Montreal. Since 2012, we have developed an expertise in renewable energy and physical trading. Our differentiator is our entrepreneurial spirit that encourages initiative, innovation and risk-taking.We are currently recruiting an Analyst with strong programming...

  • Enterprise Risk Management

    1 week ago

    Montreal, Quebec, Canada Société Générale Full time

    Responsibilities:The RISQ Division's mission is to contribute to the sustainable and predictable growth of the SG Group by overseeing and independently challenging the objectives and strategies of the Business Lines. RISQ's mission is to independently analyze, challenge, opine and monitor on the risk-taking activities, including those associated with new...

  • Director, Risk Management

    1 week ago

    Montreal, Quebec, Canada Business Development Bank of Canada Full time

    We are banking at another level.Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to...

  • Corporate Risk Manager

    2 weeks ago

    Montreal, Quebec, Canada beBee Professionals Full time

    Job Offer: Corporate Risk ManagerbeBee Professionals is looking for a Corporate Risk Manager to join our team in Montreal. The successful candidate will be responsible for developing and implementing risk management strategies and processes to ensure the organization's compliance with applicable laws and regulations.The Corporate Risk Manager will be...