Enterprise Risk Management Senior Manager



Toronto, ON, Canada
Posted on Thursday, September 7, 2023

Enterprise Risk Management Senior Manager

At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.

Want to make a lasting impact amongst a community of creative thinkers, problem solvers, technical gurus and high-performance application developers? We want to hear from you.

You will participate in the execution of the Risk Management activities and provide risk expertise and support to the business. As a member of the Risk team, you’ll work closely/under the guidance of the AVP of Enterprise Risk Management in the execution of the Enterprise Risk Management Framework.

You’ll be responsible for:

  • Managing monthly Management Risk Committee and quarterly Board Risk Committee reporting workplan.

  • Leading and facilitating the annual Risk Appetite statements and metrics review and update working with senior leaders from business units.

  • Working with business units to complete monthly Risk Appetite reporting to risk committees, ensuring that Management-approved explanations and action plans for results outside of the established appetite are properly reported.

  • Leading and facilitating enterprise risk assessments and emerging risk assessments with Senior level leaders, ensuring the appropriateness of risk assessment, identification of key controls and action plans.

  • Providing risk expertise and guidance to business units and acting as the effective challenge during the enterprise risk assessment and the risk appetite reporting.

  • Learning quickly to gain an understanding of business processes and activities to help identify risks.

  • Identifying, analyzing (to determine drivers, impact and controls), and assessing risks (based on metrics and appetite) in an IT focused environment.

  • Support the development and implementation of the Risk Governance Framework applicable to Interac’s subsidiaries and new lines of business.

  • Leading and facilitating risk identification, assessment and reporting for subsidiaries at Interac.

  • Supporting the development of an integrated scenario analysis process to support holistic risk assessments which enable more proactive actions and further build resilience to risk events.

  • Supporting the development and implementation of Risk Management Strategic Initiatives and PPS Designation related deliverables as required.

  • Writing and communicating at a senior management and executive level.

You bring:

  • University degree in Computer Science, Business, Finance or equivalent.

  • Ten years plus relevant work experience, preferably with significant experience in regulatory compliance and reporting

  • Least five (5) years’ experience managing a risk program or assessment processes.

  • Knowledge of risk management methodologies.

  • Thorough understanding of risk assessment best practices, concepts, practices and tools.

  • Strong understanding of IT systems, applications, networks and controls.

  • Experience with developing risk and control strategies in an IT, product and services environment

  • Strong working knowledge of relevant industry standards for risk management and controls.

  • Knowledge of payments technology and industry best practices.

  • Set and drive the “big picture” strategy while also having the capability to provide detailed technical and process guidance to the team.

  • Create a strong culture of collaboration and partnership with cross-functional peers.

  • Possess excellent leadership, organizational, communication and relationship building skills.

  • Strong analytical acumen, strategic thinking, professional judgement and creative problem-solving skills.

  • Excellent written and verbal communication skills at a senior/executive level

  • Approach issues and risks with the mentality of “how do we overcome” versus “can we overcome”.

  • Team player, smart, adapt well with change, have a positive attitude – and as a bonus, you like to have fun!

Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:

  • 5-year employment verification;
  • Canadian criminal record check;
  • Education verification;
  • Canadian ID cross-check;
  • Public safety verification; and
  • Credit inquiry

How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:

Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.

Core Values: They define us. Living them helps us be the best at what we do.

Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.

Education: To ensure you are the best at what you do we invest in you