Chief Risk Officer FCC

Fidelity Investments; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading financial services company in Canada is seeking a Chief Risk Officer to oversee risk functions and ensure compliance with regulatory standards. This hybrid role involves strategic development of risk management programs and collaboration with various stakeholders to enhance the company's reputation and growth.

Benefits

Flexible working arrangements

Competitive total compensation

Comprehensive health benefits

Parental leave top-up

Home office equipment allowance

Generous time off

Diversity and inclusion programs

Professional development opportunities

Qualifications

• 10+ years of experience in risk management and risk programs.
• Management experience spanning over 10 years.

Responsibilities

• Lead the strategic development of FCC’s Risk Framework.
• Manage significant risk issues and develop risk reports.
• Communicate risk initiatives across the organization.

Skills

Communication

Risk Management

Leadership

Project Management

Collaboration

Education

University degree

Professional designation in risk management

Tools

Risk Assessment Tools

Job description

This is a hybrid role with a mix of remote and in-office working.

Current work authorization for Canada is required for all openings.

Company Overview :

Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody, and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.-based firms.

For more information about Fidelity Clearing Canada, please visit our website.

The Opportunity :

The Chief Risk Officer, FCC is a key leadership role overseeing the FCC risk function. The responsibilities include identifying and monitoring regulatory obligations and risks related to FCC's operations, providing strategic direction for the risk management framework, policies, and processes to ensure compliance with business and regulatory standards.

This role supports FCC's growth and aims to uphold and enhance its reputation through the development of critical risk programs in collaboration with other business stakeholders.

What You Will Do :

1. Lead the strategic development and communication of FCC’s Risk Framework and manage the success of the Risk Management program.
2. Manage significant risk issues, including assessment, root cause analysis, communication, and remediation review.
3. Develop and present regular risk reports to Senior Management, the Risk and Controls Committee, and the Audit Committee of the Board.
4. Participate in cross-organizational projects to ensure operational risks are assessed properly.
5. Communicate new and existing risk initiatives effectively across the organization and provide training and consultation as needed.
6. Exemplify leadership and uphold people manager accountabilities, embodying Fidelity values and behaviors.

What We’re Looking For :

• University degree or equivalent professional experience.
• 10+ years of experience in risk management and risk programs.
• Experience in compliance and back-office operations roles.
• Management experience spanning over 10 years.
• Professional designation or certification in risk management or internal control; CA designation is an asset.

What You Will Bring :

• Excellent written and verbal communication skills, with effective presentation abilities.
• A strong focus on risk with an inquisitive mindset.
• Broad knowledge of the Canadian financial services and wealth market.
• Understanding of clearing firm regulatory obligations and the impact of technology on brokerage operations.
• Experience managing projects and scaling processes with organizational growth.
• Strong planning, monitoring, and resource management skills.
• Ability to influence and collaborate across all organizational levels.
• Effective influencing skills, gaining acceptance from senior executives.
• Deep knowledge of risk assessment tools, techniques, and organizational exposure management.
• Strong understanding of Canadian regulatory environment, including CIRO, OSC, and other provincial regulations.

Some of the ways we’ll help you feel valued and supported :

• Flexible working arrangements - 100% remote, hybrid, and in-office options.
• Competitive total compensation, including company contributions to your group RRSP without a matching requirement.
• Comprehensive health benefits starting from day one, with employer-paid premiums, including up to $5000 annually for mental health services and therapy.
• Parental leave top-up to 100% of salary for 25 weeks.
• Up to $650 for home office equipment.
• Generous time off, including two paid days annually for volunteering.
• Diversity and inclusion programs, including Employee Resource Groups.
• Extensive professional development opportunities, including access to over 11,000 courses, tuition reimbursement, and rewards for completing designations.

We are committed to fostering a compassionate, people-centric culture and are proud to have been named one of Canada's Top 100 Employers for the past five years.