Senior Risk Management Professional

2 days ago


Old Toronto, Canada SMBC Full time

Job Overview:

We are seeking a highly skilled Senior Risk Management Professional to join our team at SMBC in Toronto, ON, CA. As a key member of our Enterprise Risk Management (ERM) department, you will be responsible for identifying, assessing, and mitigating risks that could impact our organization.

Key Responsibilities:

  • Develop and implement risk management policies, standards, and procedures to ensure compliance with regulatory requirements and industry best practices.
  • Analyze and report on enterprise-wide risks, providing recommendations for mitigation strategies.
  • Collaborate with business units to develop and maintain risk assessments, ensuring alignment with organizational objectives.
  • Establish and manage risk appetite metrics, monitoring trends and making adjustments as necessary.
  • Assist in the development and execution of ERM stress testing and scenario analysis, staying up-to-date with global financial and economic trends.
  • Contribute to the review and update of the enterprise risk management strategy and action plan, aligning with Head Office and Americas Division frameworks.

Requirements:

  • 5-8 years' experience in commercial banking, advisory - risk management, or professional services, with a focus on risk management.
  • Practical knowledge of leading industry practices related to risk management in financial institutions, including credit, market, operational, and other key risks.
  • Sound knowledge of credit risk and portfolio management strategies, foreign exchange trading, derivative products, and money markets, and stress testing.
  • Familiarity with applicable regulatory requirements, expectations, and business impacts.
  • Result-oriented and attention to detail, with excellent written and spoken English skills.

Salary: $120,000 - $180,000 per annum



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