Director of Risk Managment and Business Resilience

Algoma University is committed to undoing systemic and institutional discrimination and being publicly transparent and accountable. Diversity, equity, and inclusion are fundamental to our Special Mission. In keeping with the Seven Grandfather teachings that are the core values that inform our decisions as an institution, we are committed to creating a welcoming, inclusive, respectful, and safe environment where everyone belongs. We live these values through the strength and richness that diversity brings to our workforce and welcome contributors from equity-deserving groups including: Indigenous Peoples, Black and racialized persons, women, Persons with Disabilities, 2 Spirit, Lesbian, Gay, Bisexual, Transgender, and Queer persons.

Job Title: Director of Risk Management and Business Resilience Administration

Position Status: Permanent, Full-Time Non-Union

Department: Business Transformation Office

Supervision Received: Chief of Business Transformation, Strategy and Sustainability

Location: Brampton, ON or Sault Ste Marie, ON

Number of Positions: 1

PRIMARY FUNCTIONS:

A. Risk Program Development & Management 55%
B. Compliance & Reporting 25%
C. Collaboration and Training 15%
D. Other Duties 5%
TOTAL 100%

Reporting to the Chief of Business Transformation, Strategy and Sustainability, the Director of Risk Management and Business Resilience is responsible for developing, implementing, and managing comprehensive risk management and business continuity strategies that support the university’s mission and objectives. This position will oversee the identification, assessment, and mitigation of risks across all university operations, ensuring that the institution is prepared to respond to and recover from disruptive events.

RESPONSIBILITIES:

A. Risk Program Development & Management 55%

• Lead the development and implementation of systematic risk assessment processes to identify and evaluate risks across all university operations, including academic programs, research activities, facilities, technology, and financial management.
• Utilize quantitative and qualitative methods to assess the likelihood and potential impact of identified risks, ensuring a thorough understanding of vulnerabilities.
• Collaborate with department heads and key partners to identify emerging risks and trends that may affect the university’s strategic objectives.
• Prioritize risks based on their potential impact on the university’s operations, reputation, and financial stability, ensuring that high-priority risks receive appropriate attention and resources.
• Design and implement risk mitigation strategies and action plans tailored to specific risks, ensuring that they align with the university’s overall strategic goals and risk tolerance.
• Ensure a risk lens is applied to all university projects, and project planning.
• Recommend policies and procedures to reduce risks, enhance compliance, and improve overall resilience.
• Establish key risk indicators (KRIs) to monitor the effectiveness of risk management strategies and to provide ongoing oversight of risk exposure.
• Prepare and present regular reports to university leadership and the Board, including risk assessment findings, emerging risks, and the status of risk management initiatives.
• Ensure that risk management principles are integrated into the university’s strategic planning, budgeting, and decision-making processes.
• Work closely with academic and administrative departments to embed risk management practices into their operational procedures.
• Foster strong relationships with internal partners, including faculty, staff, and administration, to promote a culture of risk awareness and proactive risk management.

B. Compliance & Reporting 25%

• Design and oversee the university’s business continuity and disaster recovery plans. Coordinate training and simulations to ensure readiness for emergencies and disruptions.
• Ensure compliance with provincial, national, and local regulations related to risk management and emergency preparedness.
• Prepare reports for university leadership and key partners on risk management activities and incidents.
• Engage external partners, such as regulatory bodies, emergency services, and community partners, to stay informed about potential risks and best practices.
• Implement a feedback loop to continuously assess and improve risk management practices, incorporating lessons learned from incidents, assessments, and key partner input.
• Stay abreast of industry trends, emerging risks, and advancements in risk
  management methodologies to ensure the university’s practices remain current and effective.
• Lead and manage regular reporting of data and metrics to the Board.

C. Collaboration and Training 15%

• Work closely with university departments, including IT, facilities, legal, and health and safety, to foster a culture of risk awareness and resilience.
• Communicate risk management strategies and policies to all university employees and key partners.
• Develop and deliver training programs on risk management, business continuity, and crisis response for faculty, staff, and students.
• Promote awareness of risk management practices through workshops, seminars, and outreach initiatives.
• Stay current with best practices in risk management and business resilience.
• Evaluate and refine risk management processes and policies based on feedback and changing university needs.

D. Other Duties (5%)

• Other Duties as assigned

WORKING CONDITIONS:

Physical Effort: Moderate

• Work activities require moderate periods of physical effort, requiring a variety of muscle movements with frequent requirements for speed and coordination.

Physical Environment: Moderate

• Moderate exposure to unpleasant/disagreeable conditions.

Sensory Attention: Considerable

• Work requires a frequent need to concentrate on a variety of sensory inputs for a lengthy duration requiring diligence and attention (repairing equipment).

Mental Stress: Considerable

• Work activities are performed in an environment with frequent exposure to mental pressures conditions wheremental stress may be noticeable.

MINIMUM QUALIFICATIONS:

• Master’s Degree in risk management, business administration, emergency management, or a related field, with a minimum of eight (8) years of experience in risk management, business continuity, or related fields, (preferably in a higher education setting), or an equivalent combination of education and experience is required.
• Strong analytical and problem-solving skills.
• Strong leadership skills with experience in managing diverse teams.
• Ability to inspire and motivate team members.
• Excellent communication and interpersonal skills,ability to communicate effectively with internal and external partners.
• Ability to work collaboratively across diverse departments and levels.
• Knowledge of risk management software and tools.
• Professional certification (e.g., Certified Risk Manager (CRM), Certified Business Continuity Professional (CBCP), Project Management Institute Risk Management Professional (PMI RMP) is an asset.
• Comprehensive understanding of risk assessment principles, risk analysis, financial reporting
• Experience with regulatory compliance and emergency management frameworks.
• Ability to work independently and collaboratively, set priorities, strong attention to detail, identify contentious issues, exercise good judgment, use discretion and ensure appropriate action is taken when required.

Salary Scale: $118,576 to $148,219 annually.

To apply for this position please submit a resume and cover letter HERE no later than 4:00 p.m. on November 11, 2024.

Algoma University is strongly committed to fostering diversity and inclusivity within our community and is an equal-opportunity employer. The university invites and encourages applications from all qualified individuals who would contribute to the further diversification of our Institution, including equity-deserving groups that are traditionally underrepresented in employment (Indigenous peoples, racialized persons, women, persons with disabilities, and 2SLGBTQQIPA+ persons).

In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, upon request, accommodation will be provided by Algoma University throughout the recruitment, selection, and/or assessment process to applicants with disabilities.