Director, Operational Risk Management at PC Financial

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

31 Jan, 26

Salary

0.0

Posted On

02 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Risk Management, Audit, Project Management, Risk Assessment, Control Testing, Communication Skills, Microsoft Office, People Management

Industry

Financial Services

Description

Referred applicants should not apply directly to this role. All referred applicants must first be submitted through Workday by a current Loblaw Colleague. Location: 500 Lake Shore Boulevard West, Toronto, Ontario, M5V 2V9 When you hire great people, great things can happen. PC Financial offers unprecedented value to Canadians through payment products. We're a different kind of bank with a different type of team—we’re collaborative and supportive and have the freedom and responsibility to thrive. Our purpose is to make the everyday simple and better for our customers, and we strive to make every dollar worth more. Proudly serving over 3 million customers, PC Financial continues to grow by offering payment solutions and services that reward our customers every day. As a subsidiary of Loblaws Company Inc., we share the CORE values of Care, Ownership, Respect and Excellence. We are dedicated to helping Canadians Live Life Well. Join us on our journey. Role Overview: We are currently looking for a Director, Operational Risk & Third-Party Risk Management. The Director, ORM will lead a team with responsibilities including management and execution of the Risk and Control Assessments (RCA) process, independent testing of the key controls, leading third party risk management and managing operational resiliency program. What You'll Do: Management and execution of the RCA process and independent testing of key controls Identify key risk and control gaps and provide improvement recommendations Prepare and deliver RCA and independent testing results to Executives and the Business Lead the discussions at monthly Operational Risk Management meeting and provide updates to Enterprise Risk Management Committee Help identify and independently verify risk appetite thresholds and key risk indicators Manage the semi-annual certification of controls performed by the Business, using the Bank’s eGRC tool Lead the third-party risk management program with focus on risk assessments and due diligence, periodic third-party reviews, and risk-based site visits. Maintain operational residency program with focus on maintaining critical operations in various scenarios including disruptions at third parties Oversight of Cyber & Technology risk Challenge the design and implementation of Bank-wide projects and develop a strong control environment to mitigate risks identified Complete annual updates of ORM policies, procedures, and manuals Support and assist in the development the annual ORM strategy and planning What You Bring: Post-secondary education in Business or Commerce or a related discipline 7+ years of experience in an operational risk management or audit function in the financial services industry Strong knowledge of credit card and deposit accounts products and management processes Experience managing complex projects and driving change Experience with identifying and documenting risks and controls Experience with testing the operating effectiveness of controls Strong understanding of operational risks impacting the organization and the importance of key mitigating controls Excellent communication skills (both oral and written) with the ability to deal with all levels of the organization Proficient with Microsoft Office (Word, Excel, PowerPoint) People Management experience preferred Come and join a winning team who demonstrates innovation, energy, creativity and vision. We recognize the importance of a diverse workforce and we therefor encourage applications from Aboriginal Peoples, women, members of a visible minority and persons with a disability. We thank all applicants for their interest, however, only those selected for an interview will be contacted. Number of Openings: 1 PC Financial recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and colleagues with disabilities. In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us. Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application. #EN #SS #LEGAL #ON Together, we are an organization committed to transforming the everyday banking experience, and providing our customers with the unprecedented value they deserve. We’re looking for entrepreneurial spirits to drive this vision forward, and because our business model is one-of-a-kind, our talent has to be just as unique. That’s where you come in. We will equip you with the freedom to envision, conceptualize and collaborate in a fast paced environment, and you’ll discover what it’s like to push the limits and draw on the talent of your peers. This experience empowers our colleagues on their journey every day, making our promise and vision simple. Come work for a Canadian bank that thinks differently.

Responsibilities

The Director, ORM will lead a team responsible for managing and executing the Risk and Control Assessments process, independent testing of key controls, and third-party risk management. Additionally, they will oversee the operational resiliency program and ensure effective communication with executives and committees.