Risk Management Director

4 weeks ago

Brampton, Ontario, Canada Sault Community Career Centre Full time

Algoma University is committed to undoing systemic and institutional discrimination and being publicly transparent and accountable. Diversity, equity, and inclusion are fundamental to our Special Mission. We live these values through the strength and richness that diversity brings to our workforce and welcome contributors from equity-deserving groups including: Indigenous Peoples, Black and racialized persons, women, Persons with Disabilities, 2 Spirit, Lesbian, Gay, Bisexual, Transgender, and Queer persons.

Job Title: Director of Risk Management and Business Resilience

Position Status: Permanent, Full-Time Non-Union

Department: Business Transformation Office

Supervision Received: Chief of Business Transformation, Strategy and Sustainability


Key Responsibilities:
  • Develop, implement, and manage comprehensive risk management and business continuity strategies that support the university's mission and objectives.
  • Oversee the identification, assessment, and mitigation of risks across all university operations, ensuring that the institution is prepared to respond to and recover from disruptive events.
  • Lead the development and implementation of systematic risk assessment processes to identify and evaluate risks across all university operations, including academic programs, research activities, facilities, technology, and financial management.
  • Collaborate with department heads and key partners to identify emerging risks and trends that may affect the university's strategic objectives.
  • Prioritize risks based on their potential impact on the university's operations, reputation, and financial stability, ensuring that high-priority risks receive appropriate attention and resources.
  • Design and implement risk mitigation strategies and action plans tailored to specific risks, ensuring that they align with the university's overall strategic goals and risk tolerance.
  • Ensure a risk lens is applied to all university projects, and project planning.
  • Recommend policies and procedures to reduce risks, enhance compliance, and improve overall resilience.
  • Establish key risk indicators (KRIs) to monitor the effectiveness of risk management strategies and to provide ongoing oversight of risk exposure.
  • Prepare and present regular reports to university leadership and the Board, including risk assessment findings, emerging risks, and the status of risk management initiatives.
  • Ensure that risk management principles are integrated into the university's strategic planning, budgeting, and decision-making processes.
  • Work closely with academic and administrative departments to embed risk management practices into their operational procedures.
  • Foster strong relationships with internal partners, including faculty, staff, and administration, to promote a culture of risk awareness and proactive risk management.
  • Design and oversee the university's business continuity and disaster recovery plans. Coordinate training and simulations to ensure readiness for emergencies and disruptions.
  • Ensure compliance with provincial, national, and local regulations related to risk management and emergency preparedness.
  • Prepare reports for university leadership and key partners on risk management activities and incidents.
  • Engage external partners, such as regulatory bodies, emergency services, and community partners, to stay informed about potential risks and best practices.
  • Implement a feedback loop to continuously assess and improve risk management practices, incorporating lessons learned from incidents, assessments, and key partner input.
  • Stay abreast of industry trends, emerging risks, and advancements in risk management methodologies to ensure the university's practices remain current and effective.
  • Lead and manage regular reporting of data and metrics to the Board.
  • Work closely with university departments, including IT, facilities, legal, and health and safety, to foster a culture of risk awareness and resilience.
  • Communicate risk management strategies and policies to all university employees and key partners.
  • Develop and deliver training programs on risk management, business continuity, and crisis response for faculty, staff, and students.
  • Promote awareness of risk management practices through workshops, seminars, and outreach initiatives.
  • Stay current with best practices in risk management and business resilience.
  • Evaluate and refine risk management processes and policies based on feedback and changing university needs.

Master's Degree in risk management, business administration, emergency management, or a related field, with a minimum of eight (8) years of experience in risk management, business continuity, or related fields, (preferably in a higher education setting), or an equivalent combination of education and experience is required.

Strong leadership skills with experience in managing diverse teams.

Knowledge of risk management software and tools.

Comprehensive understanding of risk assessment principles, risk analysis, financial reporting.

Experience with regulatory compliance and emergency management frameworks.

Algoma University is strongly committed to fostering diversity and inclusivity within our community and is an equal-opportunity employer. The university invites and encourages applications from all qualified individuals who would contribute to the further diversification of our Institution, including equity-deserving groups that are traditionally underrepresented in employment (Indigenous peoples, racialized persons, women, persons with disabilities, and 2SLGBTQQIPA+ persons).

In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, upon request, accommodation will be provided by Algoma University throughout the recruitment, selection, and/or assessment process to applicants with disabilities.

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