Practice Leader, Risk Appetite Framework

Posted 18 hours ago

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About the role

  • Risk Appetite Framework Practice Leader shaping non-financial risk governance at Desjardins. Defining risk appetite, coordinating strategic risk exercises, and advising senior management.

Responsibilities

  • Act as an expert on complex issues requiring an overall reading of the appetite for non-financial risks and their strategic, operational and reputational impacts
  • Define, apply and update the non-financial risk appetite framework, including guiding principles, thresholds, limits, indicators and monitoring mechanisms
  • Interface and translate between technical and operational teams and modelling teams to ensure consistency between risk tolerance, modelling assumptions and business decisions
  • Establish and maintain the plan to monitor compliance with the non-financial risk appetite, in line with business objectives and regulatory requirements
  • Monitor, analyze and script activities to anticipate emerging non-financial risks and risk appetite framework development needs
  • Develop, document and update policies, standards, guidelines and operational practices related to the non-financial risk appetite framework
  • Act as a coordinator for non-financial risks for recovery plan exercises, simulation exercises, stress scenarios and other forward-looking exercises
  • Ensure alignment with the risk appetite framework and consistency of assumptions and results
  • Translate impacts on the risk profile and strategic decisions
  • Lead cross-sector squads bringing together different areas of expertise
  • Represent management before internal committees, including governing bodies made up of senior managers

Requirements

  • Bachelor's degree in risk management, finance, actuarial science, statistics, economics or a related field
  • A minimum of eight years of relevant experience at a financial institution
  • Other combinations of qualifications and relevant experience may be considered
  • Experience developing or updating risk appetite frameworks, including the design of indicators
  • Experience in operational risk
  • Extensive experience in strategic advisory roles with management, management committees or risk committees
  • Experience in complex, highly regulated matrix environments requiring extensive cross-sector coordination between technical, analytical and decision-making teams
  • Hold a complementary certification in Enterprise Risk Management (ERM or FRM)
  • Knowledge of French is required

Benefits

  • Competitive salary and annual bonus
  • 4 weeks of flexible vacation starting in the first year
  • Defined benefit pension plan that provides predictable, stable income throughout retirement
  • Group insurance including telemedicine
  • Reimbursement of health and wellness expenses and telework equipment

Job title

Job type

Full Time

Experience level

Senior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

HybridMontrealCanada

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