Managing Director, Operational Resilience Risk Management

2 weeks ago


Toronto, Canada BMO Financial Group Full time

100 King Street West Toronto Ontario,M5X 1A1

Identifies, assesses, remediates and reports of all non-financial risks related to their area of expertise and ensures these risks are managed within the Risk appetite of the Bank. Delivers expert advice, credible challenge, and effective oversight across to identify, assess, control, and manage these risks throughout the company. Provides strategic future forward vision of the required maturity of these risk domains leveraging more predictive analytics. Plays a critical role in ensuring the company’s risk taking entities are aware of the risks inherent in their activities and decisions, the impact of their actions on the company at an enterprise level, and opportunities to reduce, mitigate, or avoid risks altogether. As an Operational NFR leader, works closely with colleagues across ERPM and with other businesses and functions across the enterprise
- Provides oversight over 1st line activities establishing the risk frameworks required to mitigate Non-Financial Risk exposures, to comply with regulatory requirements, Corporate Policies, Corporate Standards and other published directives that support these policies and standards
- Ensures alignment between their respective risk framework and the NFRMF for consistency and to support the aggregation of results; reviews, provides Effective Challenge and monitors their respective sub‑risks so that Non-Financial Risk Profile is consistent with business strategy
- Ensures appropriate actions are underway to manage significant Non-Financial Risk exposures, providing Effective Challenge and oversight as appropriate;
- Implements and maintains an appropriate monitoring, surveillance and/or assessment function that provides reasonable assurance of compliance with their respective policies and frameworks
- Monitors Non-Financial sub-risks to ensure exposures are within Enterprise Non-Financial Risk tolerances and recommends corrective actions to be taken by Operating Group / Corporate Services when outside the established tolerances
- Reviews and recommends changes to processes or procedures, and oversees any significant business unit corrective actions, as necessary
- Reports an independent Non-Financial Risk Profile for their Non-Financial sub-risk category, or as required by the NFRMF
- Serves as a leader in the Operational NFR risk oversight team, establishing a solid understanding of internal and external NFR risks within their area of expertise that can impact the organization’s overall business and value chain.
- Plays a key role in assessing and enhancing the organization’s NFR sub-risk capability maturity and maintains and updates risk models, identifying and developing innovative risk assessment techniques, and incorporates data driven risk assessment that are end to end vs point in time.
- Provides independent expertise during capability maturity reviews, preparing independent assessments of maturity levels, and developing reports for senior management. Identifies and assesses alternative approaches to risk mitigation and advises the business and stakeholder leadership with respect to trade-offs.
- Speaks authoritatively with regulatory officials with respect to existing controls, the risk management framework overall, and emerging threats and challenges
- As part of the second line of defense, collaborates closely with associates corporate areas, technology, Lines of Business, and other risk management offices to perform and support evaluations of the firm’s NFR sub-risk capability maturity levels and offers independent advice and recommendations regarding ways to further mature the firm’s risk management capabilities. Contributes to the identification and analysis of new or emerging NFR sub-risks to the enterprise, and aid in integrating capabilities maturity assessment activities with other risk management programs across the enterprise.
- As a member of an evolving organization, brings clarity of roles and accountabilities within the organization structure and refines team and portfolio
- Manage the conduct of independent evaluations of the firm’s information security, cybersecurity, cloud and technology capabilities, and provide expertise and advice on accelerating maturity of the firm’s cyber capabilities
- Identifies and develops quantitative assessment of vulnerabilities, risks and remediation strategies, providing insights to senior leaders and other stakeholders including regulatory agencies and the Board of Directors, as needed
- Drives a risk management focus taking a customer / resilience lens that promotes banks digital strategy while maintaining soundness of the bank
- Stays current on emerging NFR sub-risk threats and potential implications to the firm and mentors/coaches more junior members of the team.
- Collaborates effectively with colleagues, stakeholders, and leaders across multiple organizations to achieve objectives
- Leads program-related activities and deliverables to ensure effective col



  • Toronto, Canada Manulife Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...


  • Toronto, Canada Manulife Full time

    The **Director, Operational Risk and Resilience Management (ORRM) **will report to and support the **Head of **Evolving Risk and Risk Intelligence (ERRI) **function. The Director will be responsible for delivering and overseeing various functional capabilities including but not limited to risk tooling and technology (i.e. Archer, GenAI etc.), operational...


  • Toronto, 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...


  • Toronto, 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...


  • Toronto, Canada Manulife Full time

    **The Director, Operational Risk & Resilience Oversight (ORRO),**will report to and support the Head of ORRO Governance. The Director will be responsible for external engagements which include managing relationships and requirements with regulators, collaborating closely with compliance, internal audit, and keys stakeholders in the first line of defense. The...


  • Toronto, Canada Manulife Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 212921 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. This key 2nd line position within the Bank’s Global Operational Risk (GOR) team drives strategic direction and governance of the Bank's Enterprise Operational Resilience Program. The incumbent is responsible for i) developing,...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Purpose of the Job This role is responsible for the directing, planning and organizing the bank’s Cyber Risk Management, Cyber Supply Chain Risk management, Enterprise Cyber Security Controls management and resilience testing capabilities. This role develops and manages processes that manage Cyber risk lifecycle from identification to treatment and...


  • Old Toronto, Canada Sun Life Financial Full time

    About the RoleThis is a senior leadership position responsible for guiding a multi-layered team and driving cross-functional initiatives related to operational risk & resilience management. The successful candidate will have a deep understanding of regulatory requirements, particularly in the Canadian FRFI market, and the ability to collaborate with senior...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    At Royal Bank of Canada, we are seeking a seasoned professional to fill the role of Operational Risk Management Director. This exciting opportunity is part of our GRM Operational Risk Shared Services Team, responsible for developing, maintaining, and monitoring the effectiveness of our Operational Risk Management (ORM) Program.The ideal candidate will...


  • Toronto, Canada Manulife Full time

    The **Director, GRC Archer Tooling and Technology Product Owner - Operational Risk and Resilience Management (ORRM)**will report to and support the **Head of**Evolving Risk and Risk Intelligence (ERRI)**function. The Director will be responsible for delivering and overseeing various functional capabilities including but not limited to risk tooling and...


  • Toronto, Canada Manulife Full time

    **Director, Operational Resilience Program Lead**is responsible for the success of strategic outcomes through the direct oversight, leadership and delivery of multi-year strategic programs aligned with segment goals. The role partners across business lines, geographies, and value streams to ensure strategic objectives achieve intended outcomes. T**his...


  • Toronto, Canada Disability Solutions Full time

    Purpose of the Job This role is responsible for the directing, planning and organizing the bank's Cyber Risk Management, Cyber Supply Chain Risk management, Enterprise Cyber Security Controls management and resilience testing capabilities. This role develops and manages processes that manage Cyber risk lifecycle from identification to treatment and...


  • Old Toronto, Canada Société Financière Manuvie Full time

    Job DescriptionThe Director, Operational Resilience is an experienced leader in 1st line operational risk management with deep experience in retail banking.As a member of the Strategy, Governance and Controls team the successful candidate is responsible for developing the Bank's Operational Resilience program and ongoing testing & controls for operational...


  • Toronto, Canada Infrastructure Ontario Full time

    Reporting to the Director Environmental Management Operations, the Climate Resilience Manager will build and maintain functional and collaborative relationships within IO and across all external stakeholders (ministries, project & program teams, service providers) providing technical guidance, contract management, business & financial acumen, and oversight...


  • Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    As a Risk Management Expert with EQ Bank | Equitable Bank, you will play a pivotal role in establishing the governance and continuous improvement of Technology Resilience and Compliance practices within Infrastructure and Operations (I&O). This position requires a strong focus on risk management, collaboration with internal and external stakeholders, and a...


  • Old Toronto, Canada Risk & Insurance Management Society Inc Full time

    OverviewFiera Capital is seeking a highly skilled and experienced Director of Investment Risk to join its team. Reporting to the Global Chief Compliance and Investment Risk Officer, the successful candidate will play a critical role in enhancing and executing a robust quantitative and qualitative focused investment risk framework.About the RoleThe Director...


  • Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets We are hiring **two **Associate positions for the following Operational Risk &...


  • Toronto, Canada Manulife Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...


  • Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    Purpose of the Job This role is responsible for the directing, planning and organizing the bank’s Cyber Risk Management, Cyber Supply Chain Risk management, Enterprise Cyber Security Controls management and resilience testing capabilities. This role develops and manages processes that manage Cyber risk lifecycle from identification to treatment and...