Co-operators

Associate Vice President, Technology Risk & Controls

Co-operators • $120K — $150K *
Mississauga, ON L4T 0A1In-Person
Finance & Insurance
8 - 10 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 10+ years of progressive technology risk/audit leadership experience, preferably in insurance or audit sectors.
  • Bachelor's degree in Business Administration, Finance, or Risk Management.
  • Preferred professional designations: CPA, CIA, or Certified Fraud Examiner.
  • Extensive experience managing 1LoD functions and a deep understanding of technology business models.
  • Strong grasp of the 3LoD model and how the 1B function aligns with technology and 2LoD expectations.
  • Expertise in risk management methodologies, business continuity, and control frameworks.
  • Demonstrated success in leading regulatory audits and understanding the factors influencing the insurance industry.

Responsibilities

  • Foster a strong risk culture by identifying and addressing risks across Technology.
  • Lead and develop the Technology 1B Function, overseeing team structure and performance.
  • Build partnerships with 1A, 2LoD, Internal Audit, and Legal to drive outcomes.
  • Establish and support the Technology Risk Committee, managing agendas and actions.
  • Set strategic vision for risk reporting, ensuring alignment with business monitoring plans.
  • Oversee design of risk reporting for senior management, providing actionable insights.
  • Conduct assessments of existing KPIs and KRIs to ensure alignment with technology risks.

Benefits

  • Training and development opportunities for career growth.
  • Flexible work options and paid time off for personal needs.
  • Holistic well-being approach with health programs and supportive culture.
  • Paid volunteer days for community engagement.
  • Comprehensive total rewards including retirement savings plans, health benefits, and employee assistance programs.
Full Job Description
Company: CGL
Department: IT - Ent Inf & Ops Serv
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: Bilingualism in English and French is an asset.

The AVP, Technology Risk and Controls, is responsible for leading a team that provides independent, objective assurance and consulting services designed to: Strengthen Technology's' controls and oversight structure; provide holistic management of risks across all of the Technology organization; promote internal controls, fraud and risk awareness, and evaluate related activities; monitoring/testing, identify opportunities for process and control improvements; monitor compliance with applicable laws, rules and regulations; safeguard assets, and share best practices throughout technology. This role is accountable to oversee Technology's execution of all Enterprise certification and compliance programs in the identification, testing and reporting of internal controls and provides regular reporting to senior management, Co-operators Risk Committee and the Co-operators Audit Committee. In addition, the role is responsible for championing the Enterprise Risk Management program within Technology and oversight of building appropriate frameworks.

How you will create impact:

  • Foster a strong risk culture across Technology, ensuring risks are identified and addressed.
  • Lead and develop the Technology 1B Function; define team structure; oversee capacity planning and performance management.
  • Build and maintain strong partnerships with 1A, 2LoD, Internal Audit, Legal, and Central Control Functions, to embed a strong risk culture and drive sustainable outcomes.
  • Establish and support the 1LoD Technology Risk Committee, including charter, agendas, actions, and escalation; represent management as needed.
  • Set the strategic vision for risk reporting across the business and ensure risk assessment results inform business unit monitoring and testing plans, reporting, and remediation priorities.
  • Oversee the design of business unit risk reporting to senior management and enterprise stakeholders, with actionable insights and recommendations including forward looking insights and emerging risk themes, aligned with enterprise standards.
  • Where applicable, follow the 2LoD monitoring and testing enterprise requirements, establish a risk-based 1LoD control monitoring and testing program.
  • Conduct an assessment of the existing KCIs, KPIs and KRIs against Tech risks identified through the Risk Scoping activity and determine whether they sufficiently support ongoing risk
  • Inspiring, motivating and leading your team to define and execute strategic objectives through effective coaching and mentoring, identifying and developing leadership talent, and fostering an innovative, collaborative, diverse, and agile culture.

To join our team:

  • 10 + years of progressive technology risk/audit leadership experience within the insurance and/or audit firm industry
  • Bachelor's degree in Business Administration, Finance or Risk Management
  • CPA, CIA and/or Certified Fraud Examiner designation is preferred
  • Extensive experience working with/managing 1LoD functions, understanding Technology business models.
  • In-depth understanding of the 3LoD operating model and how the 1B function supports Technology, and 2LoD expectations.
  • Thorough knowledge of risk management methodologies, ERM, business continuity, control frameworks and risk management techniques.
  • Proven track record of successfully leading regulatory audits.
  • Demonstrated knowledge of related social, political, regulatory, technological, and economic factors that impact the insurance business, to influence risk management practices.
  • Demonstrated leadership in developing and managing in a complex and dynamic environment

How you will succeed:

  • You cultivate a client centric culture, drive organizational change and champion innovative thinking.
  • You foster sustainable relationships with stakeholders to identify strategies, explore broader solutions and collaboratively resolve contentious issues.
  • You build trust with employees and business partners and inspire your team through compelling communication.
  • You role model the co-operative values, encourage the development of your leaders and build high performing teams to meet the evolving needs of the organization.
  • You are integral in identifying and implementing the long-term vision for the organization and apply a strategic mindset to adjust business priorities based on emerging trends.

What's in it for you?

  • Training and development opportunities to grow your career.
  • Flexible work options and paid time off to support your personal and family needs.
  • A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
  • Paid volunteer days to give back to your community.
  • In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.


Salary to be discussed with successful applicants. The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

About Co-operators

Co-operators provides auto insurance, home insurance, life insurance, commercial insurance, farm insurance, and group insurance, as well as investment products and property development. They provide travel-related insurance products, hospital and medical coverage, accidental death and dismemberment, vehicle replacement, and hospital and medical coverage insurance.

Co-operators Careers

There has never been a better time to join the dynamic team at Co-operators, a leading company renowned for its commitment to community and sustainability.

Work You’ll Do

Join Co-operators' top-tier team to assist some of the most respected and well-known businesses in navigating their paths to growth and innovation. At Co-operators, the fusion of technology, industry expertise, and leadership in sustainability shapes a unique marketplace position. Engage with a diverse team of business and sustainability advisors to help clients through their transformative journeys. Collaborate with a robust group of professionals dedicated to pioneering change and promoting diversity and inclusion within the industry.

Introducing the Co-operators Business Group Advisory

The team is crafting a market-leading Advisory group to guide well-known companies through their growth and innovation phases, leveraging Co-operators' strong foundation in ethical business practices.

Do Innovative Work

Become part of a team where innovation meets practical application, creating solutions that not only drive business success but also contribute positively to society.

Do Innovative Work

Deliver targeted solutions that leverage deep consulting experience and a commitment to sustainable, innovative practices that are unmatched in the industry.

Be Part of a Great Team

Engage in projects that utilize cutting-edge technology and embrace the comprehensive capabilities of a team committed to excellence and ethical leadership.

Future-proof Your Career

With Co-operators, the potential for professional growth is vast, offering numerous opportunities to advance one's career through continuous training, development, and certification support.

Explore

Discover how Co-operators is leading the way in employee benefits programs, offering extensive diversity training and leadership development to prepare for the future of work.

The Co-operators Leadership and Innovation Alliance

This alliance is dedicated to fostering a culture of leadership and innovation, helping clients and employees alike to navigate the challenges of the modern business landscape. The combined expertise of the team ensures that both innovation and ethical practices drive industry leadership.

Stay Connected

Join the Team

Search for open positions that match your skills and interests. Co-operators seeks passionate, curious, and creative team players who are driven to find solutions and excel in their careers. SEARCH CO-OPERATORS JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the professionals who work at Co-operators.

READ CAREERS BLOG

Job Alert Emails

Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Co-operators.
Learn more about Co-operators
Size
5,001 employees
Industry
Finance & Insurance
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Co-operators

More Finance & Insurance Jobs

Find similar Associate Vice President, Technology Risk & Controls jobs:

NationwideMississauga, ON