Senior Manager, Enterprise Risk Management
3 weeks ago
Office Status: Hybrid
Salary: Up to $150,000
Responsibilities:
- Develops Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to the firm's Enterprise Risk Management Framework
- Monitors and analyzes risk with the company's business units and reports on these risk to senior management
- Establish, monitor, and reporting of Risk Appetite measures
- Prepare materials for the monthly ALM and ERM committee meetings to senior management
- Assist in the development and execution of ERM stress testing and scenario analysis program
- Keeps abreast of developing global financial and economic trends and emerging risks that may impact the organization
- Establish and ongoing management of the Risk Identification – Top & Emerging Risk / Scenario Development / Playbooks / Black Swan event
- Contribute to the review / update of enterprise risk management strategy and action plan
- Contributes to the periodic reviews of the Canada Branch's strategy, the Risk Appetite Framework and ERM Framework
- Ensure the organization's risk management policies and strategies are in compliance with applicable regulations, rating agency standards, and strategic imperatives of the organization; and aligns with HO (including Americas Division (AD)) on their Enterprise Risk and Compliance Management Framework and relevant risk management policies adopted by the ERM Department
- Prepare and review all ERM policies, standards, guidance and procedures from HO including AD for adoption and implementation by Canada Branch
- Adoption of in-scope AD and Tokyo HO Enterprise-wide Risk Management Policies, Frameworks, Standards and Guidelines
- Develop implementation plan for newly adopted/established policies owned by ERM Department
- Proactively monitor the external environment (i.e. real estate markets, interest rates, capital markets, inflation, GDP etc.) and the organization's risk exposure for adverse impacts to risk policies / procedures and recommend changes as appropriate
- Review and provide recommendations for changes to internal limits, risk tolerance, and key risk indicators
- Annual review and update of ERM-owned policies, frameworks, procedures and desktop manuals
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