Risk Management Specialist

Overview:
Reporting to the Manager, Operational Risk Management, the Risk Management Specialist is responsible to support the design, development, implementation and maintenance of enterprise and operational risk management frameworks, as well as planning and establishing policies, procedures, and processes, in order to support the attainment of the Corporation’s goals and objectives respecting to enterprise and operational risk management.

The Risk Management Specialist works collaboratively with the Risk Management leaders, executives, and members of the leadership team to understand the risks to the business and engages key stakeholders to provide enterprise and operational risk management advisory, coordination, facilitation, analysis, and oversight services to enable business leaders to manage enterprise and operational risks effectively and efficiently within their business units and for major initiatives and programs.

**Responsibilities**:

- Develops, maintains, and implements risk management standards, processes, and practices in alignment with the Enterprise and Operational Risk Management Framework and Policy.
- Works with business unit leaders to develop and maintain Enterprise and Operational Risk Taxonomies.
- Coordinates the development and maintenance of an integrated enterprise-wide information management system and tools to support enterprise and operational risk management processes.
- Supports the development and delivery of risk management awareness, training, mentoring, and coaching to build risk management capabilities throughout the Corporation.
- Performs the independent assessment and reporting of 1st line enterprise and operational risk management activities.
- Provides consultative and technical advice in the design, development and refinement of enterprise and operational risk management framework, policies, and strategies, ensuring they are in compliance with regulations, rating agency standards and the Corporations strategy.
- Benchmarks and assesses risk management maturity for the Cooperation and for individual business units.
- Works with business unit leaders to perform Risk and Controls Assessments and response planning as requested by business leaders.
- Reviews and analyses risks assessments and provides recommendations to risk owners.
- Works with the business to perform change risk assessments on major change or transformation initiatives that impact the operational risk or control profile.
- Works with the business leaders to conduct risk assessment on material outsourcing arrangements.
- Works with business unit leaders to conduct risk scenario analysis to identify black swan or major risk events that need to assessed and managed.

Qualifications:

- Seven years of experience in enterprise and operational risk management, audit, compliance, or similar role.
- Experience in the property and casualty insurance industry is an asset.
- Degree in economics, commerce/business, finance, statistics, accounting or a related discipline.
- Chartered Professional Accountant (CPA) or a Certification in Operational Risk Management is an asset.
- Experience in documenting process and procedures is an asset.
- Experience in developing Microsoft Power BI’s dashboards and reports is an asset.
- Advanced interpersonal skills to support corporate-wide programs, with the demonstrated ability to establish and maintain effective working relationships and interact successfully at all levels within the corporation, as well as external agencies.
- Work collaboratively within diverse teams, work groups and across the organization to achieve group and organizational goals.
- Advanced communication skills, both verbal and written. Demonstrated experience and ability writing reports or recommendations.
- Advanced consultative and conflict management skills.

Employee Benefits:
**Health benefits**

We offer a comprehensive health benefits program that includes:

- flexible health, dental and vision plans
- health spending account
- travel health coverage
- other extended health benefits such as ambulance, massage and physiotherapy

**Financial security**

In an effort to support financial security, we offer:

- registered pension plan
- group, dependent, and optional life insurance coverage
- critical illness insurance
- sick leave to cover short-term disability
- long-term disability

**Wellness**

We offer programs that focus on how to better achieve a balance between work and personal commitments, as well as maintain a healthy workplace culture. This includes:

- vacation entitlement
- maternity, parental and adoptive leaves
- bereavement and family responsibility leaves
- employee and family assistance program
- mental-health programming
- lunch-and-learn offerings
- discounted gym memberships and wellness account

**Diversity and inclusion**

Manitoba Public Insurance believes that diversity and inclusion strengthens us. We consider ourselves to be a barrier-free organization where ind