Director of Risk & Compliance, Climate Financing

Federation of Canadian Municipalities; Ottawa; On-site; CAD 140,000 - 190,000; Full time

Job summary

The Federation of Canadian Municipalities’ Green Municipal Fund (GMF) seeks a Director, Risk and Compliance to oversee second-line risk and compliance for GMF lending activities. You will guide credit risk, regulatory compliance, and risk governance, ensuring sustainable financing practices align with program objectives and government mandates.

The role emphasizes forward-looking risk assessment, policy development, and collaboration with leadership to manage risk in a growing climate finance

Qualifications

• Advanced knowledge of lending structures, credit and financial risk management, loss-control principles, regulatory compliance.
• Experience developing risk policies, standards and monitoring programmes.
• Ability to assess costs, benefits, regulatory considerations and operational implications in financing programs.

Responsibilities

• Establishes the risk and compliance position on material lending, financing and investment matters within the role's mandate and determines escalation or mitigation actions.
• Provides objective risk and compliance advice to management on credit and lending related risks and regulatory implications.
• Develops and maintains risk frameworks, policies and governance approaches for innovative financing activities including blended finance and advises management and committees on risk allocation and financial sustainability.
• Acts in second line of defense to review loan underwriting, credit risk rating methodologies and loan credit assessments.

Skills

Risk management

Regulatory compliance

Credit risk

Financing risk

Job description

The Federation of Canadian Municipalities’ Green Municipal Fund (GMF) seeks a Director, Risk and Compliance to oversee second-line risk and compliance for GMF lending activities. You will guide credit risk, regulatory compliance, and risk governance, ensuring sustainable financing practices align with program objectives and government mandates.

The role emphasizes forward-looking risk assessment, policy development, and collaboration with leadership to manage risk in a growing climate finance