Risk Assessment Manager

Pathfind; Edmonton; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

A not-for-profit public agency is seeking a Risk Assessment Manager to oversee regulatory oversight of financial institutions. This role involves assessing risk management practices, ensuring compliance with legislation, and advising on sound business practices. Candidates with diverse backgrounds are encouraged to apply, and a commitment to work-life balance is emphasized.

Benefits

Commitment to work and life balance

Eligible for Hybrid Work Program

Qualifications

• 3+ years of experience in risk assessment in financial institutions.
• Knowledge of financial sector legislation.
• Experience with credit union systems is an asset.

Responsibilities

• Providing a 100% guarantee of deposits held.
• Regulating financial services institutions and enforcing legislation.
• Monitoring financial institution performance and reducing risks.

Skills

Communication

Problem Solving

Critical Thinking

Education

Bachelor’s degree in finance or risk management

Designation or graduate studies in finance or risk management

Tools

MS Office Suite

MS Teams

SharePoint

Job description

Are you looking to advance your career in risk assessment? Or are you an experienced professional seeking a role in a company that values community and upholds a strong corporate culture?

Our client is a not-for-profit public agency and regulator, committed to providing risk-based regulatory oversight, looking for a qualified Risk Assessment Manager to join their team. The Risk Assessment Manager is the key day-to-day contact liaison between the Corporation and assigned financial institutions regarding regulatory oversight. The Risk Assessment Manager is primarily responsible for risk-based monitoring of assigned financial institutions to promote their safety and soundness. This includes assessing governance and risk management practices, monitoring liquidity, capital, and earnings positions / requirements, and considering potential economic and environmental impacts. The Risk Assessment Manager ensures compliance with the appropriate legislation, Principal Regulations, Ministerial Regulations, Standards of Sound Business and Financial Practices, and Corporation directives and guidelines.

What you’ll be doing :

1. Providing a 100% guarantee of deposits held.
2. Regulating financial services institutions and enforcing the appropriate legislation.
3. Advising and directing financial institutions on sound business practices.
4. Monitoring financial institution performance and implementing actions to reduce risks and improve performance.
5. Establishing individual financial institution loan approval limits and providing adjudication for loans exceeding these limits.

Who you are :

We love hiring candidates with different backgrounds, qualifications, and skills. If you don’t fit some of the qualifications, we are looking for below but still think you’d be a great fit for the role, please explain your position in your application. We are happy to consider applicants with a non-traditional background if you feel your skillset would be a good match.

• 3+ years of progressive financial institution experience in risk assessment in areas such as asset / liability management, credit, financial, capital, earnings, liquidity, governance, internal audit, market risk, and / or operational risk.
• Bachelor’s degree and/or an equivalent combination of education and financial sector experience. Designation or graduate studies in finance or risk management (e.g., Chartered Professional Accountant (CPA), Financial Risk Manager (FRM), Chartered Financial Analyst (CFA)) are assets.
• Knowledge of applicable financial sector legislation is an asset.
• Understanding of and/or experience with credit union systems is an asset.
• IT governance / security / audit experience is an asset.
• Strong communication skills, including verbal, active listening, and written communication.
• Excellent presentation skills, problem-solving abilities, and critical thinking.
• Proficiency in technology, including MS Office Suite, MS Teams, SharePoint, and other tools for efficient hybrid meetings.

Compensation & Benefits :

• Commensurate with qualifications and experience.
• Commitment to work and life balance.
• Eligible to apply for Hybrid Work Program (2 days at home, 3 days in the office).

This is an excellent opportunity to pursue a career in financial services regulation and contribute to the safety and soundness of the financial institution system in Alberta.

Pathfind is a full-service Talent Management firm, offering professional services in Recruitment, Leadership Coaching, and Career Transition / Outplacement. We are a proud partner of Career Partners International. The successful candidate must have legal authorization to work in Canada on a full-time basis for any employer.