Risk Management Specialist

2 weeks ago

Mississauga, Ontario, Canada Open Systems Technologies Full time

Role: Senior Advisor Enterprise Risk Management

Location: Mississauga – 3 days onsite

Term: Fulltime/Permanent

The Senior Advisor, Enterprise Risk & Performance, is responsible for leading delivery of activities related to the effective execution and management of the Enterprise Risk Management (ERM) and Performance Management (PM) programs. The Senior Advisor will lead and/or directly work on key risk and performance management transformation initiatives and support enterprise initiatives as the risk management subject matter expert. The role of Performance Management (PM) accountability is to lead the ongoing development, implementation and support the oversight of the PM program to assess the efficiency and effectiveness with which the client's executes its corporate strategy and business plan.

What You'll Do Advancing Enterprise Risk Maturity

  • Provide leading contributions towards the enhancement of ERM program maturity including development and preparation of the risk management annual plan and roadmap
  • Design, build and develop continual enhancements of program materials to further provide ERM education, support enterprise-wide skills development and tools that promote consistent, forward-looking, risk practices
  • Work in partnership with key stakeholders, including leaders within business units to enhance the level of risk management capability in operational and project risk management
  • Support Enterprise Risk Champions Committee through development of relevant agenda topics, meeting materials, delivering targeted presentations, knowledge sharing and training on risk
  • Design and development of risk management training initiatives for diverse audiences (board and its committees, the executive leadership team, project teams, process owners and business unit staff).

ERM Program Delivery

  • Collaborate with business partners to obtain regular status updates and proactively lead discussions on objective-centric risk identification, assessment, and monitoring
  • Coordinate the compilation of ongoing reports and produce meeting materials for the for-audit committee that accurately communicates the organization's current state of residual risk and mitigation progress status using insightful and creative visualization
  • Facilitation of the organization's risk target assessments and suggesting new risk targets to align with planned mitigations and existing controls
  • Lead annual review of the client's strategic risks with both the business units and the executive leadership team
  • Perform interpretation of risk management standards, directives, guidance and guidelines
  • Analyze risks to determine risk root cause, impacts, controls and systemic interdependencies amongst risk attribute data
  • Identification and development of key risk mitigation plan programs and assessing their ability to mitigate to target levels
  • Maintain enterprise risk management corporate policy, procedures and process documents
  • Coordination and management of the work of external contractors executing risk management related services including managing budgets and timelines. This includes assisting in the development of procurement documents, and statements of work and critically reviewing external contractor deliverables.

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