Manager of Risk & Compliance Any Branch Location or hybrid remote, SK

Synergy Credit Union; Saskatchewan; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Manager of Risk & Compliance to lead their second line of defense activities. This dynamic role involves identifying and monitoring risks, developing action plans, and promoting a risk-aware culture within the organization. You will collaborate with various teams to enhance the enterprise risk management framework and ensure compliance with regulations. If you are a proactive leader with a passion for risk management and compliance, this opportunity allows you to make a significant impact on the success of the credit union.

Qualifications

• 5+ years of experience in risk management or compliance.
• Strong knowledge of financial services regulations and legislation.

Responsibilities

• Lead risk management and compliance activities for the organization.
• Develop and review policies and procedures related to risk management.

Skills

Risk Management

Regulatory Compliance

Fraud Prevention

Audit

Communication Skills

Problem-Solving

Education

Degree in Business

Relevant Risk Management Certification

Law Degree

Job description

The Manager of Risk & Compliance leads the second line of defence activities for risk management and regulatory compliance (excluding privacy) by identifying, assessing, measuring and monitoring risks inherent to business activities and the business line controls in place to manage them. You will be an integral part of developing an understanding of risk and compliance throughout our credit union. This position is designated as the CAMLO.

You are an energetic team leader! Your team engages with impacted teams in developing action plans to ensure gaps are understood and mitigated in an effective and timely manner. You will use a forward-looking / dynamic risk approach to assist the CRO in evolving our enterprise risk management (ERM) framework and strengthening the corporate risk rating. This role will also lead various risk activities and initiatives related to fraud, third party risk management, ICAAP, climate risk assessment, etc. while promoting a risk-aware culture.

You lead the development, documentation and periodic review of policies and procedures and proactively design and improve reporting to understand Synergy’s key risk indicators. You respond to inquiries, complaints and incident investigation requests with urgency for the circumstance. You are accountable and responsible for business continuity planning (BCP) and participate in projects where subject matter expertise is critical. Creation of board reports and participation in government policy consultation to CUDGC and / or federal level governments are additional responsibilities that will be required.

Your strong attention to detail provides you with creative problem-solving abilities. You excel in strong written and verbal communication which demonstrates your ability in creating effective presentations to all levels of the organization. You have excellent sensitivity to a range of circumstances, along with sound judgment to act accordingly. You can identify emerging risks and understand their impact to determine what is a threat vs. an opportunity.

If you are deeply interested in a career with purpose, Synergy offers the opportunity for you to contribute to our Credit Union’s success.

Qualifications : Preference is given to candidates with a related degree (i.e. business) and at least five years of related work experience. This may include fraud prevention, risk management, AML, audit, and / or compliance. Substantial knowledge of related legislation / regulations and their practical use in the financial services industry. Knowledge with components of privacy protection, including but not limited to data protection, IT governance, cyber security, etc. are valuable assets.

An equivalent combination of education and experience will also be considered. Preference will be given to relevant risk management and / or compliance certifications / designations. A background in law / law degree is considered an asset.

If the above describes you, we want to hear from you. Submit your cover letter and resume to [emailprotected] . Please quote competition #238201 in the Subject Line. This position will be posted until a suitable candidate is hired.