Risk Specialist - 1 year contract

Canada Life; London; On-site; CAD 52,000 - 98,000; Full time

Job summary

A leading insurance firm in Ontario is seeking a Risk Specialist to provide risk and compliance expertise. You will support operational risk and resilience efforts, develop relationships with business units, and contribute to risk assessments and incident management. Ideal candidates have 3-5 years of relevant experience and excellent communication skills. This role offers a competitive salary and the opportunity to impact the risk culture positively.

Qualifications

• 3-5 years of experience ideally in risk.
• Experience in risk & resilience management within financial services is an asset.
• Excellent communication skills at all management levels.

Responsibilities

• Provide risk advice to businesses.
• Support the Incident Management Program.
• Plan and perform risk assessments and operational reporting.

Skills

Risk advice

Stakeholder management

Process improvement

Communication

Microsoft Office proficiency

Bilingual (French and English)

Education

Post secondary degree or equivalent

Tools

Risk assessment tools

Job description

Temporary Full Time

The Risk Specialist will play a key role in supporting our partners to provide oversight of the Operational Risk and Resilience programs and framework and related oversight activities. You will work directly with the business by providing accurate and reliable Risk and Compliance expertise which in turn will help the business in meeting their strategic objectives with the highest standards. You will be a positive change advocate by suggesting and implementing constant improvements to the overall risk culture.

What You Will Do

Relationship Management

• Develop good understanding of business and provide risk advice to businesses

Support the Incident Management Program

• Support the Business Incident Manager as backup
• Coordinate communication on Incidents to relevant stakeholders

Risk Identification, Assessment and Library Management

• Plan and perform risk assessments and operational reporting
• Maintain BU specific operational risk library, including EUC and Model inventories

Process & Controls Monitoring and Improvement

• Identify processes and process data for process inventory management
• Advise the business on process and control improvements
• Identify risk treatment (i.e., mitigate/ control, avoid, transfer, accept)

Issues, Events & Incident Management

• Support the management of issues, events and incidents

BU Risk & Resilience Metrics, Reports, Policies & Procedures

• Maintain BU specific risk & resilience metrics
• Manage BU level risk & resilience reporting
• Implement operational resilience tools and report on transformation efforts
• Support the rollout of new operational resilience technologies

Operational Controls & Other Tests Planning and Management

• Plan and manage operational controls testing
• Plan and manage other operational tests

What You Will Bring

• 3-5 years of experience ideally in risk
• Risk & Resilience management or governance experience within the financial services industry considered an asset
• Post secondary degree or equivalent combination of education and experience
• Excellent communication and stakeholder skills, with all levels of management
• Proven ability to build effective relationships and work collaboratively with other areas
• Proficiency in Microsoft Office applications (Outlook, Excel, Word, PowerPoint), experience with risk assessment tools is an asset
• As this position is posted in several locations, we specify that bilingualism is an asset (fluent in French and English), but is required for Quebec only as the position will regularly serve our clients with French and English-speaking needs.

The base salary for this position is between $52,800 and $97,700 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [e-mail].

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.