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AVP, Third Party Risk Management

CWB Financial Group
Toronto, ON
$90 an hour (estimated)
Full-time

At , we strive to build value for the people who choose us every day : our people, our clients and our investors. We do this by :

Putting people first and building relationships with intention

Seeking out and embracing new ideas

Believing that how we do things is as important as what we do

Location Edmonton, AB. Vancouver, BC. Calgary, AB. Toronto, ON

Put a new on your banking career

We’re different from the big banks in we engage our employees - caring, responsive, and armed with an obsession for growing talent.

Our reputation is powered by a people first culture that ensures our employees be and feel heard, promotes inclusivity and diverse viewpoints, and inspires collaboration and innovation.

The opportunity

CWB is seeking an outstanding individual to join our team as an AVP, Third Party Risk Management! This is a unique opportunity to be a key member of the second line Group Risk Management leadership team, providing effective oversight and influencing business and corporate functions on third party risk management (TPRM).

As the AVP, Third Party Risk Management, you will lead the strategic execution and implementation of the third-party risk management program across CWB Financial Group (CWB) including its subsidiaries! You will ensure compliance with evolving regulatory requirements, including OSFI’s B-10 Guideline.

This role will be integral to the success of CWB's third party risk management and achieving Operational Resilience.

Areas of focus

Lead the strategic implementation, maintenance, and communication of an integrated Third-Party Risk Management program within CWB.

Assess and evaluate monitoring and oversight processes to stay updated with the latest developments and approaches in third-party risk management.

Build tools and templates, in collaboration with key stakeholders, that ensure accurate oversight of third parties, in accordance with regulatory requirements.

Lead regular oversight and effective independent challenge of TPRM framework activities conducted by the business and corporate functions.

Provide effective oversight to the Third-Party Risk Management Support Office.

Engage and collaborate with business and leadership teams to successfully implement TPRM related frameworks, standards, protocols, and procedures.

Monitor, track and report the progress of TPRM processes and engagements.

Stay up-to-date with regulatory changes and recommended approaches for handling third party risk and ensuring compliance.

Effectively work with various stakeholders and provide constructive feedback to address potential risks from external sources.

Run multiple projects simultaneously and deliver results in a fast-paced environment.

Analyze third part risk data and information on a continuous basis , develop dashboards and regular reporting on third party risk management activities to various governance committees.

Lead and coordinate external third-party risk regulatory reviews and inquiries by OSFI and other regulators.

Successful incumbent

Undergraduate university degree in a related field; post-graduate degree and / or professional qualifications are preferred.

Seven (7) to Nine (9) years of related third-party risk experience, preferably within the banking industry.

Strong familiarity with OSFI Guideline B-10, B-13 and E-21.

Experience dealing with regulatory matters and investigations.

Knowledge of regulatory and compliance practices, procedures, and principles applicable to the banking industry in Canada, with a specific focus on third party risk management.

Experience working with a vendor risk management software solution, specifically with ServiceNow vendor risk management platform will be considered an asset.

Experience in report automation and efficiency through visualization tools such as Microsoft PowerBI.

Strong leadership, negotiation and presentation skills, and ability to analyze strategic approaches.

Excellent written and verbal communication, analytical, critical thinking, and problem-solving capabilities.

Work independently and collaboratively with colleagues.

Strong ability to understand, analyze, and interpret regulatory requirements.

Demonstrated ease with information technology, especially data analytics and related processes driven by technology.

Strong organizational skills, attention to details and ability to effectively prioritize tasks and deliver results.

Focused on achieving goals collaboratively.

Advanced interpersonal skills vital to work across functional boundaries and levels of the organization.

Experience dealing with management at all levels and providing practical, cost-effective solutions to complex issues.

Why work with us?

Proudly recognized by Great Place to Work® in 2024 as one of Canada’s top 50 Best Workplaces & member of Waterstone Human Capital’s Most Admired Corporate Culture ™ Hall of Fame.

We offer an award-winning benefits package that includes :

Hybrid work environments

Everyday flexibility

Generous company-funded health coverage

Health care spending account

A flexible wellness program

generous time-away options to unplug, rest & recover

We commit to our employees’ development and help them reach their professional goals with :

Organization wide coaching services

Mentorship

Education support & training programs

Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard.

Find community within the CWB family in our employee represented groups.

LI-BS1

IND-BS

As an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work.

Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.

Closing Date :

Position closes at 12 : 01am on the close date identified below.

07 / 17 / 2024

7 days ago
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