Description
Senior Manager, ICAAP
As Senior Manager, ICAAP & Enterprise Risk, you will act as a strategic leader, responsible for developing, implementing, and enhancing core risk management components within the ICAAP framework in accordance with OSFI Guideline E-19. You will have a direct impact on the organization through your expertise in risk management, capital planning, and governance.
Key Responsibilities
- Lead the design and execution of risk identification and assessment processes to support ICAAP, ensuring alignment with OSFI expectations and the Bank’s risk management principles.
- Coordinate with capital management, stress testing, modelling, Internal Audit, and core risk functions to integrate risk assessments into the ICAAP, capital plans and stress testing scenarios.
- Ensure the ICAAP framework covers all material risks, including operational and non-regulatory risks.
- Draft and update ICAAP documentation, including risk assessments and governance structures, to meet OSFI and internal requirements.
- Present ICAAP results and recommendations to senior management and the Board, highlighting material risks and risk appetite considerations.
- Guide the evolution of the enterprise risk register and emerging risk identification processes, integrating these into ICAAP.
- Be the risk lead on the Bank’s three-year project plan to enhance its ICAAP.
Team Structure
- Lead two new team members dedicated to ICAAP enhancement.
- Team focus is on risk appetite and risk reporting, with a vision to integrate processes, cross-train, and leverage opportunities to work across adjacent risk functions.
What You’ll Bring
- Bachelor’s degree in Management, Finance, or related field.
- Advanced diploma or certification in risk management is an asset.
- 7-10 years in risk management or regulatory compliance in the financial sector.
- Proven ICAAP experience in the financial industry (banking or insurance).
- Experience in other banks or financial institutions is highly valued.
- Proficiency in ICAAP principles, OSFI Guideline E-19, and strategic risk management frameworks.
- Leadership and stakeholder engagement.
- Mastery of governance, documentation, and regulatory reporting.
- Ability to influence and collaborate with multidisciplinary teams.
- Analytical and innovative mindset.
- Diligence and attention to detail.
- Caring leadership and talent development.
- Advanced proficiency in risk management systems, data analysis tools, and MS Office suite.
Success Factors
- Demonstrated ability to drive ICAAP improvements and regulatory compliance.
- Strong reporting and communication skills.
- Ability to leverage industry best practices and benchmark against peers.
Why Join Us?
- High Executive Visibility: ICAAP is a top priority for senior leaders, offering great potential for exposure and influence.
- Impact Across Risk Domains: Opportunity to understand and shape internal capital strategies across every area of risk, working directly with senior management.
- Professional Growth: Flexible work environment, strong commitment to development, and access to industry-leading resources.
- Team Diversity: We value complementary skills and diverse perspectives to strengthen our team dynamic
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. * 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 * Opportunities to get involved in community initiatives * Telemedicine service * Virtual sleep clinic These are a few of the benefits available to you. 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 actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged. We're putting people first 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 peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees. We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team? Come live your ambitions with us!
