Operational Control Manager, Risk and Compliance

6 months ago

Toronto, Canada CIBC Mellon Full time

**Company Information**:
CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

**Position Overview**:
The Operational Control Manager supports the company’s Operational Risk Management Program by assessing the effectiveness of the 1st Line of Defense internal controls thus delivering assurance to Clients, Employees, the Leadership team, Directors, Shareholders and Regulators that business controls are designed and operating effectively. The Operational Control Manager is responsible for independently completing all control and risk management testing for their assigned business units in accordance with departmental Test Plan and the Control Testing Professional Practices methodology.

**Responsibilities**:

- Continuously enhance and manage the Operational Risk Management Program to independently assess and challenge, internal controls, using the tools including the Risk and Control Self-Assessment (RCSA), Key Risk Indicators (KRI), Operational Risk Events (ORE) and Business Acceptance Risk (BAR) documented in the Operational Risk Management framework, that objectively identify, measure, monitor and report operational risk per OSFI E21 Guideline.
- Develop and execute defined testing plans to test for both operational and regulatory controls.
- Ensure the business has appropriate action plans in place by challenging any controls which are not designed and/or operating effectively.
- Perform periodic, focused process/control design reviews to ensure risks are correctly identified and managed.
- Produce periodic management reporting of control testing results and other key risk and control metrics.
- Conduct regular meetings with the lines of business and the senior management team to discuss control testing results and action plans.
- Analyze errors and significant events challenging the business’ identification of root causes and action plans to prevent future re-occurrence.
- Support the Risk and Compliance Directors with the assessment and challenge of the controls documented in the business’ RCSA and assist in the validation on the closure of its action plans.
- Promote a culture of risk awareness, compliance and control as an integral part of effectively managing operational and regulatory risk.

System and Organization Controls (SOC 1) Support/Audit Support
- Support the SOC 1 (System and Organization Controls Report) planning, fieldwork, reporting, project status tracking process. Act as the conduit for Internal Audit and External Audit queries related to the SOC 1.
- Participate in client meetings to discuss the SOC 1 report.
- Assist the lines of business with audit preparation: coordination of audit; review issues and ensure action plans close the risk.

Other Responsibilities
- Participate in new initiatives or new business development processes to assist in control related topics.
- Assess significant business changes and where appropriate direct and / or coordinate preparation of required analysis to review changes, ensuring and challenging proper mitigating controls have been identified and put in place by the business.
- Complete special projects as required.

**Qualifications**:

- 5 to 7 years progressive Audit and/or Risk related experience.
- Bachelor's Degree required.
- Attention to detail, excellent organizational and analytical skills, ability to multi-task and work in a fast-paced, deadline driven environment.
- Knowledge of the products and services of the global securities services and trust industries
- Must be able to adapt to a changing environment.
- Demonstrated ability to work independently and manage project deliverables on time.

**CIBC Mellon's Values**:
Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards
Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward
Be One Family: Challenge, empower and recognize your colleagues
Take Ownership: Speak up, speak out, and make things better

  • Compliance Program Manager

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job SummaryThe ideal candidate will have a strong background in risk management, information technology, or audit, with at least 7 years of experience in a large complex matrix institution. This role requires excellent written and verbal communication skills, as well as the ability to develop and implement solutions to complex issues.About the RoleWe are...

  • Manager - Operational Risk & Control (Gwo)

    6 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 200012 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: The Manager, Operational Risk & Control - Global Wholesale Operations (“GWO”) is responsible for supporting GWO’s operational risk and control function ensuring all activities conducted and reported in compliance...

  • Country Compliance and Operational Risk Manager

    6 months ago

    Toronto, Canada Bank of America Full time

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates...

  • Compliance Risk Manager

    2 weeks ago

    Toronto, Ontario, Canada Options Consulting Solutions Full time $120,000

    Job Title: Compliance Risk ManagerAbout Us:Options Consulting Solutions is a leading investment firm with a strong reputation for navigating complex regulatory environments. Our team of experts is dedicated to providing exceptional service to our clients, and we are seeking a talented Compliance Risk Manager to join our team.Role Overview:We are looking for...

  • IT Risk Compliance

    5 months ago

    Toronto, Canada Workplace Safety and Insurance Board Full time

    Reporting to the Manager, IT Risk and Governance, this role supports the Manager in ensuring WSIB’s consistent adaptation of the IT risk management framework and applicable risk management requirements including, developing and implementing risk policy, developing and maintaining the IT risk register, monitor and measure compliance to IT policies, report...

  • Cloud Compliance Risk Manager

    3 weeks ago

    Old Toronto, Canada Finance Professionals Inc. Full time

    About the RoleThe Finance Professionals Inc. is seeking a Cloud Compliance Risk Manager to support cloud risk and compliance initiatives. This role will work closely with engineering, security, and operations teams to identify, assess, and formalize internal processes into structured controls.Key ResponsibilitiesRisk & Control Library Development:...

  • Compliance Risk Management Specialist

    2 weeks ago

    Toronto, Ontario, Canada BMO Full time

    **About Us**BMO Financial Group is a leading financial institution that drives lasting, positive change for our customers, communities and people. Our purpose is to boldly grow the good in business and life.**Job Summary**We are seeking a skilled Compliance Risk Management Specialist to join our team. This role will be responsible for delivering on...

  • Compliance Risk Management Specialist

    2 weeks ago

    Old Toronto, Canada CitiGroup Full time

    We are seeking a highly skilled Compliance Risk Management Specialist to join our team at CitiGroup.Job Description:This role will be responsible for assessing compliance risks and controls implemented by the first and second line of defense. You will perform risk assessments of Citi's compliance risks, conduct independent testing activities to assess the...

  • Compliance/risk Manager

    6 months ago

    Toronto, Canada Tokio Marine Canada Ltd Full time

    **Tokio Marine Canada is looking for a Compliance/Risk Manager** **Who We Are** We are Tokio Marine Canada (TMCAN), a new, entrepreneurial, start-up Canadian insurance company based in Toronto, with a focus on the commercial Property and Casualty industry. We are part of the Japanese-based Tokio Marine Group of Companies, one of the world’s largest and...

  • Manager, Internal Control Operational Risk

    3 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 210188 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full range of financial products, solutions and advice to retail, small business...

  • Manager, Treasury Compliance

    3 months ago

    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...

  • Compliance Risk Management Specialist, Wealth Operations

    2 weeks ago

    Toronto, Ontario, Canada BMO Full time

    Job OverviewBMO is seeking an experienced Compliance Risk Management Specialist to join our Wealth Operations team. As a key member of our team, you will play a critical role in ensuring the effective management of regulatory risks and compliance with relevant laws and regulations.Key ResponsibilitiesDeliver on components of the 1LOD testing plans for Wealth...

  • Compliance Risk Management Specialist

    4 weeks ago

    Toronto, Ontario, Canada First National Full time

    Job SummaryWe are seeking a highly skilled Compliance Risk Management Specialist to join our team at First National. In this role, you will play a key part in assisting with the planning and completion of regulatory compliance reviews and the delivery of high-quality, professional, and independent compliance testing.Key ResponsibilitiesSupporting the...

  • Compliance and Risk Management Specialist

    2 weeks ago

    Toronto, Ontario, Canada Definity Full time

    About the RoleWe are seeking a highly skilled Regulatory and Financial Audit Specialist to join our team at Definity.As a Compliance and Risk Management Specialist, you will play a critical role in executing the compliance function mandate by assessing and supporting the ongoing development of various compliance activities.Key Responsibilities:Design test...

  • Manager, Compliance Risk Assessment Program

    6 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 193802 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Manager contributes to the overall success of the Compliance Risk and Control Assessment globally, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies...

  • HR Risk

    1 month ago

    Toronto, Canada RFA Bank of Canada, RFA Mortgages Corp. Full time

    HR Risk & Compliance Manager **Date**: September 27, 2024 **Location**: ON **Company**: RFA Bank of Canada **Job Type**: Permanent About RFA Founded in 1996, RFA (Realty Financial Advisors) is a leading Canadian-owned real estate firm. Through RFA Bank of Canada and RFA Mortgage Corporation, RFA offers mortgage brokers a complete range of Prime and...

  • HR Risk

    2 months ago

    Toronto, Canada RFA Capital Holdings Inc. Full time

    **HR Risk & Compliance Manager** **Date**: September 27, 2024 **Location**: ON **Company**:RFA Bank of Canada **Job Type**: Permanent **About RFA** Founded in 1996, RFA (Realty Financial Advisors) is a leading Canadian-owned real estate firm. Through RFA Bank of Canada and RFA Mortgage Corporation, RFA offers mortgage brokers a complete range of Prime...

  • Risk Management Lead for Regulatory Compliance

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job SummaryThis Senior Manager position is a key role in the Regulatory Operations & Controls Department, responsible for executing individual goals and initiatives that support the team's business strategies.Key ResponsibilitiesAlign day-to-day activities with the Bank's risk culture, risk appetite statement, and limits to ensure efficient operations and...

  • Compliance Risk Management Specialist

    2 weeks ago

    Old Toronto, Canada Citigroup Inc. Full time

    About the RoleWe are seeking a skilled Compliance Risk Management Specialist to join our team at Citigroup Inc. The successful candidate will be responsible for assessing compliance risks and controls, performing risk assessments, and reporting on control issues.

  • IT Compliance Manager

    2 weeks ago

    Toronto, Ontario, Canada CI Financial Full time

    At CI Financial, we strive to create a workplace where everyone feels empowered to contribute their unique voice and perspective.About CI FinancialCI Financial is an independent company that offers global wealth management and asset management advisory services through diverse financial services firms. Our commitment to delivering high-quality investments...