Enterprise Risk Governance Manager

WHO WE ARE  

HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we're passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage product.  
  

OUR VALUES, OUR PASSION

At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.  

• Customer-Focused. Passionate Advocates 
• Courage to Act. Do the Right Thing 
• One Team. One Vision 
• Think Long-Term. Ever-Evolving 
• Be Exceptional. Inspire Greatness

POSITION SUMMARY

Reporting to the Director, Enterprise Risk Governance, the Enterprise Risk Governance Manager will support the development, implementation, and oversight of enterprise-wide risk frameworks and policies. This role contributes to the design and execution of risk programs and initiatives that help ensure the organization operates within its defined risk appetite and remains compliant with regulatory requirements. The Manager will maintain a strong understanding of current business and functional risk profiles and provide guidance on enterprise risk matters.

In addition, the Manager will support the Director in developing and delivering training programs to promote the implementation of risk management policies and enhance overall risk maturity. The role will also contribute to the continuous improvement of the Enterprise Risk function by aligning practices with industry standards, addressing emerging risks, and fostering greater risk awareness and adoption across the organization. Key areas of focus will include contributions to HEB's Internal Capital Adequacy Assessment Process (ICCAP), Pillar III disclosures, Risk Appetite reporting and the Enterprise Risk training program.

MAJOR ELEMENTS OF THE ROLE

Key accountabilities of this position include:

• Policy and Framework – Support the enhancement and oversight of enterprise risk management policies and standards and provide effective challenge to assigned framework documents.

• Risk Reporting – Prepare and  coordinate risk monitoring and reporting to Senior Management, Risk Committees and the Board including progress on key strategic and tactical initiatives managed by risk management.

• Training – Support the development of training for implementation of risk management policies and programs using user-centric approaches and innovative training methods, working in collaboration with HR and other members of the Risk Management team.

• ERM Program Implementation – Support the design and operationalization of enterprise-wide risk management programs.

• Advisory and Challenge role - Develop and maintain a strong understanding of current business and function risks to provide advisory and effective challenge for Enterprise Risk activities.

• Relationship Management - Establish and maintain collaborative relationships with key stakeholders across all businesses and functions, as applicable.

• Emerging Risk - Make and recommend policy, procedure and control enhancements as required to address emerging risks and regulatory changes.

• Participate in audit and regulatory risk discussions, and risk management committees as needed.

SKILLS AND EXPERIENCE REQUIRED

Qualifications:

• You have a university degree in Economics, Business, Finance or related fields or equivalent work experience. [Post-secondary degree and/or relevant designations (e.g. CPA, CA, CFA) preferred].

• 7+ years of experience in Compliance, Risk Management and/or Internal Audit roles, preferably within the financial industry.

• Experience in policy development and implementation within a regulated entity.

• Experience in developing or delivering training materials for the implementation of policies and procedures and employing user-centric methodologies.

• Strong working knowledge of enterprise risk management, including risk appetite frameworks, risk assessment methodologies and testing / issue management.

Attributes: 

• Effective organizational, project and time management skills with the ability to prioritize, support and anticipate the needs of the department and deliver on concurrent projects with competing priorities.

• A positive attitude, a desire to learn, and a willingness to persevere to get work done, either independently or as part of a team.

• Strong attention to detail and accuracy.

• Well-developed analytical, problem solving and research skills.

• Polished verbal and written communication skills, including experience in preparing and presenting reports to various levels of management.

WORKING CONDITIONS UNIQUE TO JOB

• Hybrid work environment

WHY WORK AT HOMEEQUITY BANK?

Great Environment

HomeEquity Bank offers a hybrid working environment supported with a culture of flexibility – an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.

We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.
 

A Dynamic Culture – With People at the Centre  

We believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto's Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures , the Globe and Mail's Report on Business: Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023. 
 

Growth and Opportunities
We provide challenging and rewarding careers in a wide variety of fields. We continuously develop and train our employees through professional growth opportunities and on-the-job training. We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and development.

Celebrating Great Work and People

We believe in an environment that celebrates success, knowledge, leadership, and work that is inspired by our core values. For these reasons, we have created several programs that make it easy for our employees to say 'great job' to their colleagues and leaders.

From our Appreciate Program to the High Five Award Program and President's Award Program, we recognize professional achievement with a variety of rewards including points towards gift cards, merchandise, and travel experiences, as well as group RRSP/DPSP contributions and more.

Our Community Leadership Program recognizes employees who make a positive impact in their communities through volunteer work with a grant for their charity of choice. Additionally, we provide employees with one paid day off each year to volunteer at their favourite local charity.

The Perks (for eligible employees)

• HomeEquity Bank offers a competitive total rewards package that includes:

• Extended health and dental benefits

• Employee & Family Assistance Program

• Employer-Matched Group Retirement Savings Plan

• Employee Share Investment Plan

• Well-being initiatives including: a wellness account; virtual self-care programs and extended mental health benefits

• Employee corporate discount for GoodLife Fitness 
   

HomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Please note that our successful candidate is required to complete a background check.

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