Financial Market Risk Manager

Payments Canada's purpose is to make payments easier, smarter and safer for all Canadians. We care deeply about our employees' well-being and are committed to providing a flexible, hybrid work environment that supports in-person connection and remote work.
- Get to Know Us

We are a unique organization situated at the centre of Canada’s payments ecosystem. We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. We convene ecosystem participants to discuss their multiple and diverse interests and ideas, and to navigate industry-level challenges. We adhere to a set of values that in themselves are tensions: Inspire Trust, Build Community and Enable Change.

**Payments Canada
- where our country connects**:
|Our Culture
We are a collaborative, diverse and passionate group of individuals. We support one another, make impactful contributions to the organization, and develop and nurture meaningful connections across our ecosystem

Come and join us - Where payments meet purpose

| About the role

The Manager, Financial Market Risk plays an important role on the Financial Market Risk team, under the CRO, and is responsible for working collaboratively on the analysis, development and operationalization of financial risk frameworks for Payments Canada’s core clearing and settlement systems focusing on Future State of Retail Batch.

| What you’ll do

**The Manager, Financial Market Risk will be responsible for**:

- Developing the business/functional requirements for the financial risk framework to support the retail payment system roadmap;
- Implementing and maintaining Payments Canada’s retail payment system financial market risk framework;
- Leading project activities and deliverables with a focus on quality, delivering within project timelines while managing project risks;
- Developing, planning, prioritizing and delivering on Payments Canada’s continued and enhanced observance of the Bank of Canada’s Risk Management Standards in collaboration with other teams;
- Promoting the rigor and credibility of the risk program and contributing by delivering high-quality analysis to support risk policy and risk management strategies in the medium to long-term.

|Minimum Qualifications
- University degree in Finance, Business, or a related field;
- Minimum eight (8) years of experience in risk management or project and product delivery in financial services;
- Knowledge of the Canadian payments industry, in particular, Canadian payments clearing and settlement systems, or banking operations;
- Strong relationship management, presentation and thought leadership skills;
- Valid criminal record check or eligibility to obtain.

|Preferred Qualifications
- Master’s degree or advanced education in a related field preferred;
- Experience working with a Financial Market Infrastructure or other critical infrastructure provider is considered an asset.

| Salary Range
- Based on qualifications and experience: $110,160 and $137,700.

| Payments Meets Purpose - What you can expect from us
- Flexible, hybrid (remote/office) environment;
- Competitive compensation package, including annual variable bonus and defined contribution pension plan with employer matching percentage;
- Comprehensive health and dental benefit coverage, including mental health coverage, life insurance and a health spending account for you and your dependents;
- Paid time off: minimum four weeks paid vacation, sick and personal days, December Holiday Shutdown and Cultural Holiday Observance Days;
- 26 Weeks of paid maternity and parental leave top-up;
- Rewards and recognition program;
- Access to Office Gym Facilities;
- Internal and external professional development opportunities;
- Fun team and organizational events;
- Monthly All Staff Forums led by our Executive Leadership Team.

|Our Diversity, Inclusion and Equity Commitment

At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.