Senior Risk Specialist

Program Monitoring, Oversight, and Reporting

• Effectively maintain Risk Management Programs on a day-to-day basis to identify, monitor and assess risk. Programs include but are not limited to Change/Project Risk Management, End User Computing, and Ad-hoc Risk Assessment.

• Ensure programs are consistently assessed; Program policy, guidelines, and internal procedures documents are kept up to date and relevant.

• Issues encountered during real-time monitoring or through formal reviews are escalated appropriately and effectively to the Manager, Risk Management.

• Ensure program reporting is kept current and distributed to key stakeholders.

• Areas for improvement and remediation are identified and consensus built on recommended solutions.

• Independently challenge the status quo in a respectful manner.

• Provide awareness and promote strong risk management practices and principles across the organization through effective communication and training to ensure risk management programs are understood.

Training and Risk Culture

• Provide awareness and promote strong risk management practices and principles across the organization through effective communication of Polices and Programs.

• Develop, maintain, and deliver effective training on risk Programs and Policies to FIC employees through a variety of mediums including online and face-to-face so that policies are understood, and that employees are equipped to recognize and escalate knowledge of material risk.

• Promotes awareness to ensure that business understand their roles and responsibilities.

• Advocate for a strong risk culture and drive change.

Project Risk, Policies and Procedures

• Participate in complex or highly critical projects to ensure risks are appropriately identified, assessed, and challenged.

• Define, implement, and maintain the organizational risk framework to assess project risk and complexity and drive additional risk control activities.

• Ensures all stakeholders are appropriately trained on the project risk framework and requirements, risk concepts including risk identification, assessment, and action planning.

• Verifies adherence to risk framework, ensures required risk control activities are completed and operating effectively.

• Consistently advocates for strong risk management principles and builds trusted relationships with all stakeholders.

• Actively participates in project meetings and supports, challenges, and identifies critical/material project implementation/delivery and BAU risks.

• Ensures accountability of stakeholders and actively asks questions and challenges the status quo.

• Proactively questions and assesses project risks and provides effective challenge.

• Evaluates identified risks in collaboration with risk owners and proposed response plans.

• Participates actively in post implementation lessons learnt and continuous improvement discussions.

Ad-hoc Risk Assessments

• As required, conduct ad-hoc risk assessments for high-risk processes and critical projects or business functions

• Assess new and/or changes to operational processes including process mapping, risk and control documentation and evaluation and action planning.

• Provide value-add recommendations to stakeholders for operational readiness decisions.

• Ensures material residual risks are identified, action plans are identified and are robust.

What We Are Looking For

• Completion of a University degree or equivalent work experience

• 3+ years of relevant risk experience

• Change/Project Risk Management experience is an asset.

The Expertise You Bring:

• Ability to work in a fast-paced environment to defined deadlines.

• Strong analytical skills, problem-solving ability and attention to detail

• Good communication skills, ability to engage with individuals at all levels.

• Capable of assimilating complex material, and to identify and discuss complicated concepts.

• Able to work on own initiative and develop practical solutions under pressure.

• Good knowledge of risk management processes and procedures.

• Knowledge of financial services products, processes, and industry is an asset.