Risk Manager, Third Party Risk Management Program

Posted 3 months ago

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About the role

  • Role at Aviva Canada involves managing and enhancing the Third-Party Risk Management program. Collaborating with teams to ensure compliance and program effectiveness.

Responsibilities

  • Responsible for overall TPRM program design including identification of opportunities to further enhance / strengthen or optimize TPRM program in coordination with the TPRM Expertise Lead and 2nd Line Risk.
  • Update, and refine TPRM policies and standards in alignment with regulatory and business requirements.
  • Coordinate with Aviva Group and / or Aviva Canada functions on TPRM program design, and effectiveness.
  • Assist in regulatory monitoring and compliance tracking and reporting for Aviva Canada.
  • Support in interpretation, and application of third-party regulatory changes.
  • Collaborate with TPRM Support / Coordinator role to ensure consistent, and efficient application of Aviva’s TPRM program.
  • Responsible to provide input, and commentary on overall TPRM program effectiveness to leadership and / or risk committees as required.
  • Lead monitoring and tracking of TPRM program adherence including driving consistency in applying risk management principles across Aviva Canada business divisions and third-party types.
  • Responsible to define and track relevant KRIs to advise TPRM program effectiveness.
  • Lead in collection, analysis and aggregation of data to provide enterprise view of TPRM program and compliance.
  • Design, build, and implement Third-Party Risk Management tools and dashboards.
  • Lead the data collection, aggregation and analysis for the enterprise third-party view.
  • Coordinate across various TPRM governance groups in the collection, and consolidation of updates and data elements to be shared with leadership.
  • Support in other strategic projects or priorities as defined.

Requirements

  • Diploma or degree in business, economics, finance or other related field or equivalent experience.
  • Three to five years of relevant enterprise and/or operational risk management experience, preferably in the property/casualty insurance or related industry.
  • Risk Management Experience will be considered an asset.
  • Risk management qualifications or equivalent.
  • Deep understanding of risk management principles, methodologies, and frameworks and third-party risk subject matter.
  • Understanding of core vendor management and procurement activities and principles.
  • Strong familiarity with OSFI Guideline B-10, B-13 and E-21.
  • Understanding of process design and driving operational excellence.
  • Ability to interpret, understand and apply regulatory guidance.
  • Strong data analysis and reporting skills including ability to manage large and complex data sets.
  • Proficient in data management and ability to collect, prioritize, and extract insights from various sources.
  • Strong attention to detail and ability to ensure accuracy and integrity throughout the reporting process.
  • Excellent relationship building and collaboration skills to work effectively with key internal collaborators.
  • Strong communication skills to effectively communicate risk-related information and insights to various team members.
  • Strong project management skills.
  • Ability to effectively manage risk focused initiatives including managing relationships with key supporting partners.
  • Experience working with vendor risk management software solutions, specifically with SAP Ariba Risk, Archer, and Logigate management platforms would be considered an asset.

Benefits

  • Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
  • Hybrid flexible work model.
  • Outstanding career development opportunities.
  • We’ll support your professional development education.
  • Competitive vacation package with the option to purchase 5 extra days off per year.
  • Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.
  • Corporate wellness programs to support our employees’ physical and mental health.

Job type

Full Time

Experience level

Mid levelSenior

Salary

CA$110,000 - CA$125,000 per year

Degree requirement

Bachelor's Degree

Location requirements

HybridTorontoCanada

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