Senior Advisor, Operational Risk

Responsibilities

• Champion the design and implementation of enhancements to the Operational Risk Management program and its underlying components.
  


• Build strong, collaborative relationships with key stakeholders and partners by addressing issues and concerns in a timely manner and providing on-going advisory services.
  


• Follow and monitor operational risk issues (risk incidents, risk indicators, risk appetite).
  


• Support the reporting to management and appropriate committees on the major issues and trends of the operational risk profile.
  


• Support the implementation, monitoring, tracking and reporting of Third Party risk management
  


• Support the business in analysing root causes of operational risk events and issues and ensure corrective action plans are developed and implemented.
  


• Review and monitor internal risk events and ensure they are logged in a timely manner.
  


• Support the business in implementing the requirements for Risk and Control Self Assessments.
  


• Evaluate and recommend new controls where gaps have been identified.
  


• Work with business units to develop key risk indicators.
  


• Provide second line of defense oversight for significant initiatives, risk events, risk and control self assessments and scenario analyses.
  


• Develop a strong understanding of risk application ("Resolver") and be the primary contact for support for business users.
  


• Contribute to the overall Operational Risk Management education by developing training programs and executing them across the Bank.
  


• Provide mentorship and guidance to team members.
  


• Stay informed on the latest operational risk techniques and industry best practices.
  


• Take part in internal and external committees or activities and represent the Bank to various organizations or stakeholders.
  


• Perform all tasks of similar or general nature requested by his or her superior required for the job.
  

Qualifications

• University degree in a relevant field and seven to 10 years of relevant experience
  


• Expertise in third party risk management
  


• In-depth knowledge of operational risks, internal auditing and/or internal control frameworks (COSO and COBIT)
  


• In-depth knowledge of banking products
  


• Strong analytical skills with a pragmatic approach
  


• Client (internal) and quality-focused
  


• Solid communication and relationship management skills
  


• Team player and proactive
  


• Preference to candidates bilingual in English and French.