Operational Risk Manager Jobs

Why FirstOntario?
FirstOntario Credit Union is one of the largest credit unions in Ontario. We are a trusted co-operative financial intuition dedicated to providing competitive banking products and services and a quality Member service. More than 118,000 Ontarians choose FirstOntario for their financial needs - from chequing and savings accounts to loans and mortgages and highly qualified investment advice. Our Membership does more than save you money on fees, it also makes you an Owner. At FirstOntario, we believe the best way to ensure our success is by supporting the communities we serve. That's why our policies include volunteering our time, talent and resources to worthy local causes and events. It's also why we reinvest our profits in the same places they're earned, and why we sponsor programs that promote financial literacy and economic development.
Job Overview
The Operational Risk Manager works to identify and limit the risk associate with the company's operations. Your responsibilities involve developing the Operational Risk Framework through assessing business operations, identifying risks in projects, processes and new initiatives, and completing operational risk assessments (RCSA & PIA) on your findings. You will then develop policies and implement changes by providing oversight in mitigating operational and project risks. Other duties include performing and supporting risk identification, assessment and measurement to ensure risk is being managed within our risk appetite and that regulatory requirements are being met. Build and maintain relationships with internal and external business partners to ensure risk management is embedded in business processes. Liaise with IT Security to continue development of GRC program from an operational risk and privacy lens. Maintain and oversee business continuity management program including appropriate testing.
Role
Consult and collaborate with a variety of internal and external stakeholders to better understand the business requirements, processes, product needs and alternative solutions.
Lead the execution identification of risk in projects, processes and initiatives that encompass all aspects of FirstOntario's business objectives
Utilize current knowledge of all relevant Privacy legislation and translate the effect of changing legislation on FirstOntario's projects and operational processes and implement required changes
Manage internal and external privacy requests and inquiries to support the Privacy Officer
Identify any gaps in compliance with legislation within all projects and operational processes by performing impact assessments.
Impart your expert knowledge on staff and colleagues to help them stay on top of the evolving business environment
Assist in the development and implementation of policies that manage operational and project risks
Assess business operations, identify issues in projects, processes and new initiatives and prepare impact assessments on your findings
Collaborate with your peers to collectively think of innovative ideas that drive business through technology
Build and utilize working relationships with internal business partners across the organization and external business contacts
Actively participate in community events as part of FirstOntario's overall commitment to Corporate Social Responsibility
Be a change leader as FirstOntario continues to adapt to new and exciting ways of delivering business services
Consider health & safety as a primary concern to ensure the overall well-being of your team and members
Familiarity with Financial Services Regula
Required Skills
Perform other duties as required
Have a university degree, or equivalent professional designation
Minimum five (5) years in a position within a financial institution in the area of Operational Risk or Compliance
A certification in a field related to Operational Risk and/or Privacy (i.e. Canadian Risk Management (CRM),
Project management experience would be considered an asset
Knowledge of risk assessment (particularly privacy impact assessments) and relevant governing legislation
Change management and project management knowledge and experience
Aware of and mitigate operational risk factors and ensure compliance with applicable regulations, legislation and FirstOntario policies and procedures
Pre-existing knowledge of regulated environments, with an emphasis on compliance issues and privacy legislation.
Strong analytical and problem solving skills.
Strong decision making skills and the ability to work independently.
Strong leadership capabilities.
Experience reviewing legislation, legal documents and contracts and monitoring and drafting processes or procedures.
Perform risk assessments on projects and processes to ensure compliance with policies, contractual and legislative obligations
Handle complex and confidential issues efficiently
Leverage data to write meaningful reports and confidently present findings to business partners that will enable them to make informed decisions
Be aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario policies and procedures
Stay on top of regulatory and privacy best practices and changes in laws while actively applying your knowledge
Our Story
Our emphasis on service means we're constantly searching for new team members whose dedication to helping people is as powerful as their ambition to succeed. We're committed to providing professional development, and to extending employee activities beyond day-to-day operations to support the communities where we're located. Our people are the difference, it's a part of why we love coming to work.
FirstOntario is proud and privileged to be able to assist and touch the lives of so many in our communities.
We believe giving back to our communities helps everyone.
We believe in volunteering, active community support and participation.
We believe in investing our profits back into the credit union and the community.
We believe in finding solutions to help our Members and communities.
If this sparks your interest and you demonstrate high levels of integrity and credibility, we should talk. Check out our website for the full job description and prepare your cover letter and resume listing your experience, qualifications, and submit it online through our careers page on the company website.
We appreciate all who express interest; however, only those selected for an interview will be contacted. No phone calls please.
FirstOntario Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process.%4231315% %%management%%