Chief Risk

Position Details Status: Permanent, fulltime Workplace Model: In-Office Location: Edmonton, Alberta Compensation: Compensation is commensurate with qualifications and is consistent with compensation standards for executive-level positions Posting Deadline: Posted until filled The Opportunity General Bank of Canada is looking for a permanent, fulltime Chief Risk & Compliance Officer. Reporting to the President, the Chief Risk & Compliance Officer (CRCO) supports the Board of Directors, Chief Executive Officer, President, and the Asset Liability and Risk Committee. The CRCO provides oversight of the enterprise-wide risk management (ERM) strategy and framework that translates the risk appetite into informed decision-making processes that support the Bank’s business model and strategic plan. The CRCO also assists the Board of Directors in defining the Bank’s risk appetite and overseeing the Bank’s risk profile and performance against the defined risk appetite. The CRCO will provide oversight of the Bank’s Regulatory Compliance Management (RCM) framework, an essential component of the overall risk management program, which ensures the Bank remains compliant with applicable regulatory requirements. Position Responsibilities Strategic Leadership: Holds enterprise-level responsibility for organizational performance and direction. Supervises Leaders & Individual Contributors: Leads both team members and other supervisors or team leads. As a key member of the Senior Leadership Team of the Bank, responsible for enterprise-wide strategy and performance monitoring of the firm. Understand and assist in shaping the company’s strategy and core beliefs. Provide support and insight into significant organizational changes. Align processes, resource planning, and department goals with overall strategy. Responsible for establishing the risk vision and culture in the Bank, in conjunction with the Board of Directors and Senior Management team and providing leadership and vision to the Bank with respect to risk culture. Develop, implement and maintain the Bank’s Risk Management Program to ensure the Bank remains aligned with overall risk appetite and external regulatory requirements. Work with functional areas to determine appropriate risk tolerance ranges, in alignment with the overall risk appetite of the Bank. Manage compliance with regulatory requirements on a federal and provincial level. Help the Bank determine overall compliance requirements regarding security issues, financial auditing, fraud prevention and detection, and business climate changes. Will support the Bank’s disaster recovery and business continuity planning. Participate in key decision-making processes such as strategic planning, capital and liquidity planning, new products and services, internal controls, and outsourcing. Develop and implement Risk Management policies and procedures that will ensure the Bank minimizes and manages various types of risks (credit, operational, liquidity, reputational, market, business, FinTech, etc.). Work closely with the Chief Compliance Officer to ensure appropriate and effective controls are in place to apply a risk-based approach for identifying, risk-assessing, communicating, managing, and mitigating regulatory compliance risk. Maintain an open relationship with Internal Audit, holding formal and informal meetings as required to ensure the areas of risk within the Bank are receiving appropriate Internal Audit attention. Interact with the Bank’s Director of IT to ensure that technology and cyber risk management are consistent with the bank’s Risk Appetite Statement (RAS), and that high-level reporting is integrated within the overall Risk framework of the bank. Assist functional areas with the identification of early warning signs and corrective actions when risk indicators approach tolerance limits. Develop and implement mitigating processes to help minimize losses that may arise if controls, systems,, or policies fail. Facilitate organizational accountability and transparency, assisting management in the assessment, measurement, and monitoring of the Bank’s exposure to individual, aggregate and emerging risks within established parameters. Produce risk maps and registers and formulate action plans to help minimize, manage and mitigate risks and monitor the progress of solutions implemented. Responsible for reporting the risk profile of the Bank to the Board of Directors, its alignment to the risk appetite, emerging risks and opportunities, key risks, risk events, and any other material pertinent to the risk of the organization or requested by the Board. Leads the Bank’s second line of defence and acts independently of the departments it monitors and controls. The CRO must identify any potential conflicts and ensure that the Board is aware of role overlap. What You Bring the Table Required Qualifications Minimum of 10 years of progressive and diverse experience in the field of Risk Management and/or Compliance, with direct experience in implementing and maintaining risk management policies, procedures, and controls. Minimum of 5 years of established leadership experience. Post-secondary business or finance degree. Canadian Risk Management designation or actively working toward obtaining the designation. Intermediate level proficiency in MS Office products. Experience managing relationships with external government and regulatory bodies. Demonstrates unwavering adherence to policies, procedures, and regulatory standards. Preferred Qualifications MBA or relevant post-graduate education. Experience on a senior or executive leadership team. Financial services or banking industry experience. What GBC Brings to the Table At General Bank of Canada, we offer more than just a paycheque. We provide the opportunity to build your career and elevate it to new heights. Our compensation package includes base salary, group benefits and a matched retirement savings plan program. Our group benefits ensure you and your dependents are covered for extended health, dental, and vision care. We also provide flexible spending accounts, replenished annually, to help cover additional medical and wellness expenses. Recognized as one of the Best Workplaces for Mental Wellness in 2025, we take mental health seriously. That’s why we offer additional coverage for mental health practitioners and a dynamic employee assistance program. As an employee, you can expect more than just our competitive compensation package, comprehensive group benefits, and matched retirement savings plan. We also offer the following: Generous paid time off to promote healthy work-life harmony. Collaborative work environment where your voice and opinions are valued. Exclusive employee perks, which include discounts for various products and services. Beautiful downtown office location with onsite gym and Edmonton’s best rooftop patio. Engaging social events each month, offering unique experiences and opportunities to connect with colleagues, meet new people and enjoy some fun. Professional development and tuition support to help you advance your career. Welcoming teams that celebrate diversity and prioritize inclusion. Give back to your community. As a proud partner of the United Way, we offer numerous initiatives throughout the year for you to get involved and make a meaningful impact. Make an impact. Join one of our employee-led committees to develop leadership skills, expand your network and contribute to our strong corporate culture. How to Apply We invite you to apply directly through our Careers portal at generalbank.ca/careers. If you require additional assistance, you can contact us at While we appreciate all applications, only candidates selected for further consideration will be contacted directly. At General Bank of Canada, we believe that diversity drives innovation and fosters a culture of inclusion. We are proud to be an equal-opportunity employer, dedicated to creating a welcoming and supportive environment for all employees. We are committed to building a diverse and inclusive workforce that mirrors the rich diversity of our communities and customers. We believe that accessibility is a fundamental aspect of our commitment to diversity, equity, and inclusion. Our goal is to ensure that every candidate has an equal opportunity to succeed during the interview process, and we will work with candidates requiring accommodations. If you require an accommodation, please reach out to our HR team directly: We welcome and encourage applications from individuals of all backgrounds and abilities, including those who are underrepresented in the financial services industry. We do not discriminate based on race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or any other legally protected status. #J-18808-Ljbffr