Practice Leader, Risk Appetite Framework

Relevance; Montreal; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary and annual bonus

4 weeks of flexible vacation starting

Defined benefit pension plan

Group insurance including telemedicine

Reimbursement of health and wellness

Job summary

Desjardins in Montreal seeks a practice leader for the non-financial risk appetite framework, responsible for defining, overseeing and developing the framework in line with regulatory requirements and strategic directions. You will coordinate across technical and modelling teams to ensure consistency between risk tolerance and business decisions, and you will monitor compliance with the framework.

As a senior leader you will lead cross-sector squads, align strategic vision with simulation

Qualifications

• Bachelor's degree required in risk management, finance, actuarial science, statistics, economics or related field.
• Minimum eight years of relevant experience at a financial institution.
• Experience developing or updating risk appetite frameworks and indicators.
• Extensive experience in strategic advisory roles with management and risk committees.
• French language knowledge is required.

Responsibilities

• Define and update the non-financial risk appetite framework with principles, thresholds and monitoring.
• Interface between technical, modelling and operational teams to align tolerance and decisions.
• Monitor compliance with risk appetite in line with regulatory requirements.
• Lead cross-sector squads to align strategic vision with simulation and operations.
• Represent management before internal committees and governing bodies.
• Coordinate recovery plan exercises, stress tests and forward-looking exercises.

Skills

Risk management

Strategic advisory

Cross-functional coordination

Regulatory compliance

French language

Education

Bachelor's degree in risk management, finance, actuarial science, statistics, economics or related field

ERM or FRM certification

Job description

As a practice leader for the non-financial risk appetite framework, you’re responsible for defining, overseeing and developing the risk appetite framework in line with the value chain, strategic directions and regulatory requirements. You serve as a reference expert by structuring practices, applying risk tolerance parameters to operations and ensuring alignment between strategic decision-making and the technical and modelling teams. You draw on your ability to provide sound judgment, cross-sector coordination and strategic positioning to senior management on files with a very high degree of operational and conceptual complexity. More specifically, you will be required to:

• 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 any other forward-looking exercise carried out by integrated risk management, by:
  • Ensuring alignment with the risk appetite framework
  • Ensuring the consistency of assumptions and results
  • Translating impacts on the risk profile and strategic decisions

• Lead cross-sector squads bringing together different areas of expertise to ensure alignment between the strategic vision, simulation exercises and operational reality
• Represent management before internal committees, including governing bodies made up of senior managers

What we offer*

• 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

* Benefits apply based on eligibility criteria.

#LI-Hybrid

What you bring to the table

• 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
• Please note that 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

Action oriented, Ambiguity, Communicates effectively, Customer Focus, Differences, Interpersonal Savvy, Nimble learning, Strategic mindset

Equity, Diversity, Inclusion and Accessibility

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Trade Union (If applicable)

Job Family

Risk management (FG)

Unposting Date

2026-10-19