Senior Advisor, Enterprise and Non-Investment Risk

PSP Investments; Montreal; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A major Canadian pension fund is seeking a Senior Advisor for Enterprise and Non-Investment Risk in Montreal. The role involves enhancing the risk management framework, leading risk assessments, and collaborating with senior leadership to foster a proactive risk culture. Candidates should possess a Bachelor’s degree, 8-10 years of experience in risk management, and be bilingual in English and French. The position offers a competitive benefits package, including career development opportunities and a hybrid work model.

Benefits

Comprehensive group insurance plans

Competitive pension plans

Investment in career development

Unlimited access to virtual healthcare services

Gender-inclusive paid family leave policy

Vacation days available on day one

Summer Friday afternoons off

Qualifications

• Eight (8) to ten (10) years of relevant experience.
• Proven experience in enterprise risk management frameworks.
• Demonstrated ability to lead risk identification and assessment processes.

Responsibilities

• Maintain and enhance the ERM framework and supporting activities.
• Lead identification and monitoring of risks through data analysis.
• Establish governing documents ensuring alignment with industry standards.
• Support integration of risk practices into business planning.

Skills

Bilingualism English and French

Leadership in risk assessment

Effective risk reporting

Cross-functional integration

Education

Bachelor’s degree in finance, business administration or related field

Job description

ABOUT US

We’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

ABOUT THE TEAM

The Enterprise and Non-Investment Risk team plays a central role in safeguarding PSP Investments’ strategic and operational integrity. We are a cross-functional group responsible for the governance, oversight, and continuous enhancement of the organization’s risk management framework and practices. Our work spans investment and non-investment risk domains, integrating risk awareness into all levels of the business.

As a key contributor in the Enterprise Risk function, you will be responsible for supporting risk strategy, governance, and execution across the organization. You will collaborate with senior stakeholders to embed a proactive, forward-looking risk culture that supports strategic decision-making and operational resilience.

ABOUT YOUR ROLE

As a Senior Advisor, Enterprise and Non-Investment Risk, you will:

• Maintain and continuously enhance the ERM framework and its supporting activities, ensuring alignment with the Risk Appetite Statement and Board reporting requirements, including risk management reporting templates and dashboards

• Lead and own the identification, assessment, and monitoring of risks by analyzing operational risk data from departments, open-source monitoring and reporting, and through discussions with internal stakeholders and providing actionable insights to senior leadership and the Board

• Establish and maintain governing documents such as risk appetite statements, policies, and procedures ensuring alignment with industry standards and changing internal practices

• Support the integration of risk management practices into business planning, operational processes, and strategic initiatives across all lines of defense

• Facilitate and lead cross-functional risk assessments, such as risk and control self-assessments, scenario analyses, to help develop reports and insights appropriate for senior leadership and the Board

• Produce and develop clear, concise, and impactful risk reporting for senior leadership, incorporating strategic analysis and actionable recommendations that shape organisational priorities and decision-making

• Collaborate with internal audit, second line functions, and business groups to build consensus on, and to ensure, cohesive and effective risk mitigation strategies

• Champion a strong risk-aware culture by delivering training, communications, and engagement initiatives across the organization

• Provide guidance and expertise on maintaining and updating risk registers, issue tracking, and operational loss and event processes, ensuring accurate categorisation of root causes and driving continuous improvement initiatives

• Manage the business requirements to maintain and update technology solutions that support evolving risk management needs and functions

WHAT YOU’LL NEED

• Bachelor’s degree in finance, business administration or related field

• Eight (8) to ten (10) years of relevant experience

• Proven experience in developing and maintaining enterprise risk management frameworks, policies, and governance documents aligned with industry standards and Board requirements

• Demonstrated ability to lead risk identification, assessment, and monitoring processes, including data analysis and providing actionable insights for senior leadership

• Strong expertise in risk reporting and communication, with the ability to produce clear, concise, and impactful reports and dashboards for executive committees and the Board

• Skilled in cross-functional collaboration and integration of risk practices into business planning, operational processes, and strategic initiatives across all lines of defence

• Bilingualism English and French (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

• Investment in career development

• Comprehensive group insurance plans

• Competitive pension plans

• Unlimited access to virtual healthcare services and wellness programs

• Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers

• A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance

• Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off

• A hybrid work model with a mix of in-office and remote days

*Benefits package may vary based on your employee type.

At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

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