Lead Advisor Rcm Reporting

3 weeks ago


Toronto, Canada Banque Laurentienne Full time

Toronto- Risk managementFull Time- 26999- 06 March 2024**Laurentian Bank. Seeing beyond numbers**

**Building a better and different financial institution**

Financial Benefits

Working Environment

Commuting and Travelling

Food and Drinks

Nice to have

Financial Benefits

Pension plan

Group Insurance

Stock purchase program

Mortgage, Line of Credit, Personal Loan,...at low interest rates

Incentive compensation

**Seeing beyond numbers**

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
- This role sits within Laurentian Bank.
- This role is located in Toronto (Remote or Hybrid work model) or anywhere in Canada.
- The Regulatory Compliance Program team reports to the Assistant Vice-President, Regulatory Compliance Management Program and provides compliance leadership throughout the organization, by ensuring healthy governance regarding the implementation of the RCM Framework.
- The Lead Advisor, Regulatory Risk Management, is a key resource for the second line of defence team responsible for administering the enterprise-wide compliance programme of Laurentian Bank. This role is responsible for leading and overseeing the development and execution of Executive and Board level reporting as well as contributing to the development of cohesive risk-based methodologies, structures, processes, systems, and other key control elements through which the Bank manages and mitigates regulatory compliance risk.

**Responsibilities**
- Design, develop and implement reporting processes and formats to clearly communicate the regulatory risks and the adequacy of key controls to manage those risks; reporting process to include a methodology for the aggregation of regulatory compliance risk; report templates and procedures.
- On an ongoing basis, lead and facilitate Executive and Board reporting to produce quarterly reports for the CCO which covers Compliance across Laurentian Bank; this includes preparation, data extraction, data gathering, aggregation and analysis of data and all required approvals.
- Ensure RCM reports provide assurance that sufficient pertinent and verifiable information about the adequacy of, adherence to and effectiveness of the RCM Program is communicated on a timely basis to senior management and other individuals with RCM Program responsibilities.
- Assist in the development of dashboards with identified KRI's as appropriate for oversight of Compliance Risk.
- Lead the preparation of materials for the annual attestation process.
- Responsible for the development and enhancement of regulatory and supervisory reporting to provide an enterprise view of supervisory priorities, emerging trends and risks, engagement, reporting metrics for senior management, synchronicity of regulatory and supervisory initiatives.
- Assist and support the Chief Compliance Officer in the management of regulatory reporting, requests, audits, surveys, enquiries, and acts as a liaison with regulators as required.
- Provide timely identification and assessment of emerging and relevant regulatory risks through data analytics, analyzing data on key risk indicators and key performance indicators for the RCM Program.
- Ensure that entries in the Regulatory Risk Management System meet RRM standards and provide effective challenge where required to ensure the system is maintained and updated appropriately.
- Contribute to the development and enhancement of the Regulatory Risk Management System (Resolver) to optimize reporting and data management and integrity
- In alignment with the Enterprise Risk Management (ERM) Framework Policy, the ERM Risk Appetite and the RCM Policy, develop and manage enterprise-wide related policies, standards, procedures, guidelines, job aids, and methodologies.
- Update, optimize and maintain team policies and procedures, as applicable.
- Maintain excellent knowledge of regulatory compliance requirements, the organization's policies and procedures, and industry standards.
- Provide leadership and oversight in the development, integration and management of an enterprise-wide compliance program for Laurentian Bank to comply with applicable regulatory requirements.
- Take a lead role in assessing and structuring systems and processes to support the operationalization of the RCM Framework on an enterprise-wide basis.
- Lead the establishment of clear lines of responsibility and governance structure across the enterprise to manage regulatory compliance risk.
- Work collaboratively with stakeholders to formulate recommendations and recommend best practices to improve compliance proce



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