Avp, Technology Risk Management

2 weeks ago


Toronto, Canada Canada Life Assurance Company Full time

**Job Description**:
Reporting to the Vice President, Technology and Business Continuity, Risk Management, the Assistant Vice President (AVP), Technology Risk Management (TRM) is responsible for the implementation and adoption of the Technology Risk framework across Lifeco and its operating companies (OpCo’s).

The AVP will advocate for technology and cyber risk initiatives that accelerate and scale execution according to the organization’s investment appetite and risk tolerance. The AVP will facilitate a program that supports the execution of the maturity and risk control statement (RCS) targets for the organization. The AVP is responsible for developing and contributing to the aggregated view of the organization’s overall technology risk posture, and working with senior leadership to sponsor relevant policies, standards, and controls that best reflect the risk appetite of the organization.

As a second line of defense function, you will have responsibility to collaborate with senior leadership across Lifeco’s operating companies including but not limited to the regional Chief Information Officers (CIOs), Chief Information Security Officers (CISOs) and Chief Risk Officers (CROs).

**What you will do**
- Implement Technology Risk Management practices and structure across the organization providing oversight and challenge that considers:

- Effective risk culture: A strong technology risk culture needs to permeate throughout the entire organization. This culture is instilled through a mindset of risk awareness as demonstrated in all aspects of technology management activities to assist decision makers in making informed choices, identifying priorities, and selecting the most appropriate action that is consistent with the Risk Appetite.
- Enhanced accountability: Technology Risks are explicitly owned, understood, and actively managed by business units and Technology Functions, individually and collectively.
- Transparent and effective communication: Matters relating to Technology Risks are communicated and escalated in a timely, accurate and forthright manner.
- Consistent practices: Technology Risk management practices are consistent and repeatable to ensure efficiency, and the reliability of results.
- Dynamic and responsive: Technology Risk management activities are dynamic with a focus on continual improvement and responsiveness to emerging and evolving risks.
- Technology resilience: The technology environment is designed and maintained in a manner that ensures resiliency, restorability, scalability, and delivers technology services at the required level and in the required time frame aligned with business needs.
- Encourage a high-performance and collaborative culture within the team, and across the technology risk professional community
- Proactively work with internal colleagues and external stakeholders to influence acceptance of new concepts, practices, or approaches
- Develop and implement sound roadmaps and tactical plans
- Foster an environment that encourages new approaches, challenges the status quo, and inspires creativity.

**What you will bring**
- 5+ years’ experience as a technology leader managing an operating company’s risk profile
- 5+ years’ experience leading multicultural teams in financial services organizations
- 5+ years’ experience leading Information Technology (IT) governance, risk, and compliance (GRC) program
- Bachelor of Computer Science, Bachelor of Business Administration or related field(s) is preferred
- Degree in risk management or cybersecurity management is preferred
- Experience in financial services, and preferably in insurance working in a regulated environment
- Experience building and working in matrix and complex organizations with demonstrated ability to influence teams where resources do not all report directly into the function.
- Skilled leader with exceptional communication abilities, collaboration and relationship building skills establishing credibility and fostering cross-functional relationships.
- Strong verbal and written communication skills and interpersonal skills needed to effectively build relationships and communicate with Executives, internals stakeholders, and customers.
- Expert level of customer centric outward thinking skills, and continuous improvement mindset
- Leader with experience in driving significant change and modernization agenda
- Proven Strategic thinking skills, with a long-term outlook and the ability to drive results to improve business unit performance and create a culture of accountability
- Have a strong appreciation for the complex and ever-changing regulatory environment and the need to be ahead of regulations
- Ability to attract, motivate and develop talent to build the right team to meet strategic direction and tomorrow’s needs
- A high level of technology, systems expertise, and project management experience
- Ability to use knowledge of industry, business, and systems to solve business problems a



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