Chief Advisor Third-Party Risk Management

A career as a Chief Advisor, Governance & Oversight of Third-Party Risk Management means playing a key role in the Bank’s operational soundness and resilience vis-à-vis its third parties, by translating regulators’ prudential requirements and governance bodies’ expectations into concrete, sustainable and measurable operational practices for the Bank.
Your role is based within the Principal Directorate, Governance and Transformation of Operational and Third-Party Risks, in the Bank’s second line of defense. Without formal hierarchical authority, your role positions you as a Practice Lead within the team, where your influencing skills will be leveraged to achieve your objectives in this key role.
Through your expertise in governance and oversight of third-party risk management, as well as your ability to structure, prioritize and ensure the effective day-to-day operation of the third-party risk management framework, you directly contribute to regulatory compliance, risk reduction and the sustained enhancement of the Bank’s operational maturity. This role requires demonstrated leadership that will ensure your success within the team you are joining.
Your role :

• Act as an expert reference and operational anchor point for the governance and oversight of third-party risks within the Bank.
• Provide team leadership on the daily operations of the third-party risk management framework in line with the regulatory requirements set out in OSFI Guideline B-10: planning, risk-based prioritization, deliverable tracking and dependency management.
• Interpret each regulatory requirement and translate them into clear operational expectations, controls, quality criteria and evidence requirements applicable within the Bank, for both the first and second lines of defense.
• Be at the forefront of discussions with the Bank’s Internal Audit and regulators regarding the adequacy or inadequacy of governance oversight, methodological aspects or execution by stakeholders.
• Structure and sustain governance rituals: follow-ups, dashboards, indicators, escalation mechanisms and issue management.
• Review, challenge and ensure the consistency of risk and control assessments (risks and controls, KRIs/KPIs, incidents, losses, scenarios) based on the real operational expectations of the third-party risk management framework in order to identify gaps and required improvements.
• Oversee both the monitoring of third-party risk management and the monitoring itself within a coherent and sustainable logical sequence: critical third parties, disruption tolerances, testing, continuity and recovery.
• Ensure the quality of documentation, its accessibility based on target audiences (access management), traceability and the robustness of deliverables related to each of the points outlined above.

Your team: You will be part of a governance and transformation team for operational and third-party risks, composed of several other senior advisors, and you will work closely with risk domain experts, business lines, operations, technology teams and corporate functions across the Bank.
Prerequisites:

• 10 years or more of relevant experience in risk management, particularly in governance and transformation of third-party risk management.
• Demonstrated experience in the second line of defense, internal audit or a risk governance function.
• Strong knowledge of prudential requirements and third-party risk management frameworks (OSFI Guideline B-10 or equivalent).
• Demonstrated ability to structure, prioritize and deliver in complex, cross-functional environments.
• Excellent communication, collaboration and professional judgment skills.

Your benefits In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:
* Health and wellness program, including many options * Flexible group insurance * Generous pension plan * Employee Share Ownership Plan * Employee and family assistance program * Preferential banking services * Involvement in community initiatives * Telemedicine service * Virtual sleep clinic
We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.
Making a bold move in a people-first environment We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.
We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?
Join us!