Senior Manager, Risk Management

2 weeks ago

Markham, Canada Sofina Foods Inc. Full time

Thursday, March 7, 2024

About us

Sofina Foods is one of Canada’s leading manufacturers of primary and further processed protein products for retail and foodservice customers as well as international markets. We manufacture pork, beef, turkey, chicken and fish products in Canada and Europe. Our family of brands include: Cuddy, Lilydale, Janes, Mastro, San Daniele, Fletcher’s, Vienna, Riserva and Zamzam in Canada; and Youngs, Greenland and Karro’s in UK. We are also the exclusive Canadian distributor of Italy’s finest Rio Mare, Lavazza products and Kicking Horse Coffee in Canada.


Position Summary:

Reporting to the Director, Risk Management, the Senior Manager, Risk Management recommends appropriate external regulatory and compliance frameworks and translates them into meaningful compliance practices at Sofina to identify and mitigate enterprise-wide risks in operational, environmental, financial and informational business areas. You will develop and oversee implementation of approved risk mitigation strategies, policies and procedures, and promotes appropriate governance, risk and compliance behaviour and culture across the organization. The responsibilities will include conducting risk assessments, presenting risk assessment reports, offering and implementing measures and policies aimed at managing risk, and reviewing current risk management policies.

Key Accountabilities:

1. With the oversight of the Director – Risk Management / SVP Treasury & Tax in collaboration with the heads of Sofina operational, financial and informational business areas, research, develop and oversee implementation of the following:

  • Appropriate risk identification and measurement methodologies in line with best practices. Seeks input from appropriate internal functions within the organization including Operations, Finance, Sales, Marketing, Legal and HR;
  • Risk compliance policies, processes, procedures and interventions that are adequate to meet the needs of the organization. Ensures they are followed throughout the organization;
  • Promotes / encourages appropriate risk management and compliance behaviours and culture across the organization by the effective communication and dissemination of governance risk and compliance policies, processes and procedures;
  • Monitors and analyzes the organization's risk exposure on a day-to-day as well as long-term basis. Acts promptly upon risk information gathered across the organization;
  • Business Continuity programs;
  • Coordinates and submits, as necessary, the gathering of insurance policy renewal data;
  • Maximize protection and cost-effective risk transfer mechanisms (i.e., insurance and other forms of risk transfer);
  • Define risk management training gaps and needs. Partners with all site managers, QA Engineering and Maintenance to reinforce risk management goals and standards through training programs, working with managers on their ongoing efforts to educate employees on Sofina’s risk requirements / compliance. to guide and ensure risk management requirements (both internal and external) are being met;
  • Investigates, resolves, and responds to all property, liability and other claims providing timely notification of claims to insurance carriers;
  • Develops and communicates plans to address potential loss events;
  • Works with the company’s insurance brokers to respond to requests for certificates of insurance and claims history document.


2. With the oversight of the Director, Risk Management and the SVP Treasury & Tax, integrates the organization’s compliance and risk management strategies to minimize the total cost of risk, including insurance. Completes analysis of appropriate risk transfer options including insurance, etc.;
3. Engages third party risk assessment providers (when required) to ensure adequacy, accuracy and effectiveness of investigations, compliance with corporate policies, procedures, and regulatory requirements, and safeguarding of corporate and customer assets. Conducts / assists in completing investigative fieldwork;
4. Assists in providing the ELT and/or the Board of Directors with reports outlining results of risk assessment audits related to all Sofina functions and recommends corrective actions (including appropriate strategies, interventions, preventative measures), as a result of these investigations.

Requirements:

  • Bachelor’s degree in business, Legal, Finance, Accounting, or Risk Management required including a Certified Risk Manager (CRM) designation coupled with a minimum of seven to 10 years relevant post-designation experience in risk management and insurance;
  • Excellent analytical, problem solving, interpersonal, and communication skills;
  • In-depth knowledge of operational, financial and informational risk practices and standards;
  • Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision with a high level of commitment to quality work product and organizational ethics, integrity, and compliance;
  • Demonstrated decision making and problem-solving skills in a team environment.


#SMARK

Sofina Foods Inc. is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (‘AODA’). Applicants are asked to make their needs/requirements , for the purpose of accommodation under AODA, known to Human Resources when they are contacted for an interview.

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