Genworth Financial, Inc

Director, Enterprise Risk Management - IT Security & Cyber Risk

Genworth Financial, Inc • $120K — $150K *
Oakville, ON L6H 0A5In-Person
Finance & Insurance
8 - 10 years of experience
Reposted 4 days ago
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • University degree in a relevant field such as technology, business management, or economics.
  • 10+ years of risk management experience in the financial services sector.
  • 10+ years specifically in IT and Cybersecurity risk management and controls quantification.
  • Strong knowledge of IT Operations and risk frameworks (NIST, ISO 17799, ITIL, CoBIT).
  • Experience with Governance Risk and Compliance (GRC) tools and relevant professional certifications are preferred.
  • Proven ability to manage deliverables independently and resolve complex issues with risk-based solutions.
  • Excellent communication skills to influence stakeholders and articulate risks effectively.

Responsibilities

  • Develop and implement IT and Cybersecurity Risk Management programs.
  • Create processes for identifying, assessing, and managing Cyber Security risks.
  • Analyze threat and vulnerability scenarios impacting IT systems and ensure alignment with risk appetite.
  • Support risk assessment for new technology initiatives and projects.
  • Develop reporting on IT, Cyber, AI, and IT risks for senior leadership decision-making.
  • Coordinate responses to regulatory requests and assist with Internal Audit Reviews.
  • Provide independent oversight and challenge on IT and Cyber risk management strategies.

Benefits

  • Comprehensive medical and dental benefits.
  • Company-funded pension plan and matching RRSP/TFSA savings plans.
  • Ability to work from anywhere on designated days.
  • Annual performance bonus as part of the total rewards package.
  • A workplace culture that fosters a sense of belonging and personal growth.
Full Job Description
Ready to make an impact

Sagen is looking for a Director, Enterprise Risk Management - IT Security & Cyber Risk who will lead and strengthen the Company's management and oversight of IT, cyber security and emerging risks including AI risks, by driving change in the areas of governance, methodology, metrics and reporting and risk analysis. In this role you will be the key liaison with the Technology team and be responsible to ensure timely identification, prioritization, and communication of key IT and Cyber Risks in alignment with OSFI Guideline B-13, other regulatory requirements and the organization's risk appetite.

This position is being posted to fill an existing vacancy within the department.

Here is where you will be focusing to ensure your success

Technology and Cyber Security Risk Management Program
  • Responsible for development and implementation of IT and Cybersecurity Risk Management programs, including the implementation of an IT & Cyber risk management application within our Governance Risk and Compliance system
  • Development of processes and procedures and provide ongoing support to business functions, to appropriately identify, assess, measure, and manage IT and Cyber Security risk (Risk and Control Self Assessments, control effectiveness testing etc)
  • Conduct analysis of threat and vulnerability scenarios which may impact IT systems and business processes, and ensure risks are operating within Sagen risk appetite limits.
  • Support risk assessment of all new initiatives, projects, changes as it relates to Technology related risks

Governance, Monitoring and Reporting
  • Responsible for development and presentation of IT, Cyber, AI and IT Risk reporting and measurement for decision making of the Senior Leadership Team (Risk Appetite Statements, KRIs, thresholds, tolerances)
  • Subject matter expert in the development of IT and Cyber Security Risk policies, frameworks, standards, risk and control objectives consistent with OSFI B13 domains and in response to internal and external threats, regulatory requirements, and changes in the IT risk landscape.
  • Responsible for coordinating regulatory requests for information and assisting Internal Audit Reviews (as relates to IT controls)
  • Maintain awareness of and monitor significant risk and control issues within the business- monitor and report the status and appropriateness of remediation actions

Oversight and Challenge
  • Provide evidence based independent second line oversight and effectively challenge to ensure sound management of IT, Cyber risk, AI and Cloud risk
  • Responsible for third party risk assessments and security reviews
  • Provide second line oversight and report on all technology related incidents
  • Oversee and challenge the Disaster Recovery program/ scenarios as well as alignment with Business Continuity

Emerging Risks, Thought Leadership and Promotion of Risk Culture
  • Research and provide thought leadership on current and emerging IT, Cyber Security, AI risks and effective risk management practices, regulatory guidelines, publications
  • Promote Sagen's risk culture awareness, with a focus on operational resilience in an environment of open communication and effective challenge
  • Maintain strong internal and external relationships and networks to continuously improve and risk programs


What we are looking for
  • University degree in science, technology, business management, economics, accounting engineering, or mathematics.
  • 10+ years risk management experience in the financial services industry including strong knowledge of the regulatory environment and requirements.
  • 10+ years' experience, specifically within risk management of Information Technology and Cybersecurity, controls risk quantification.
  • Strong understanding and working experience in Information Technology Operations
  • In depth knowledge of NIST, ISO 17799, ITIL, CoBIT and other IT Operation specific industry frameworks. Experience using GRC risk management tools. Professional certifications and membership of associations such as CRISC, CISA, CISSP, CISM, etc. are an asset.
  • Strong team player who is resourceful and proactive self-starter, demonstrating the ability to lead and execute change initiatives.
  • Demonstrated strength in working independently, managing deliverables, and resolving issues, recommending solutions applying risk-based thinking vs compliance only approach, while seeking guidance on the most complex situations.
  • Proven project management skills and strong organizational skills with the ability to manage multiple priorities and manage concurrent deadlines.
  • Strong communication skills (verbal, written and presentation) with the ability to influence internal/external stakeholders and exchange information to clearly articulate and translate risks into organizational impact
  • Demonstrated ability to work well under pressure while maintaining a high level of professionalism

#LI-Hybrid

What's In It for you!

At Sagen we understand that your health and financial well-being are equally important and offer a total rewards package that includes competitive compensation, annual performance bonus, medical and dental benefits, company funded pension plan, matching RRSP, TFSA and/or Non-registered Savings Plans, work from anywhere days, and an environment that creates a sense of belonging to inspire you to be your very best.

About Genworth Financial, Inc

Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families, and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future, and planning for retirement. In addition, the company is a global leader in managing mortgage default risk. Genworth’s Global Mortgage Insurance Division works with lender partners, regulators, and policy leaders to help more people responsibly achieve and maintain the dream of homeownership. In doing so, it promotes stronger and more sustainable communities around the world. By combining its global experience in mortgage guarantees with technology and service leadership, Genworth delivers innovation to the housing marketplace.

Genworth Financial, Inc Careers

Join the dynamic team at Genworth Financial, Inc, a leader in financial security and insurance services. With a commitment to innovation, leadership, and professional excellence, Genworth offers unparalleled job opportunities that empower you to influence the future of finance.

Work You’ll Do

At Genworth Financial, Inc, you will be part of a culture that thrives on diversity, growth, and continuous learning. As a member of our team, you will help develop solutions that secure the financial lives of millions of people. Our company is at the forefront of combining financial expertise with innovative technology to deliver exceptional service and value to our customers.

Innovate and Lead

Embrace the opportunity to lead in the financial services industry with Genworth. Our leadership is always looking ahead to harness innovative strategies that enhance our competitive edge. You will work alongside top professionals to foster innovation that drives our company forward.

Career Growth and Development

Genworth Financial, Inc is deeply invested in the professional growth and development of its employees. Whether through leadership programs, diversity training, or professional networking opportunities, we ensure that our team members are equipped to rise to new challenges and expand their skills. Our robust internal training programs are designed to support your career aspirations.

Join Our Team

Explore the wide range of job opportunities at Genworth Financial, Inc—from entry-level positions to executive roles. We offer a variety of career paths in areas such as finance, risk management, customer service, and technology. Each position at Genworth is a stepping-stone to further success, whether you are just starting out or are a seasoned professional.

Internship Programs

Kickstart your career with a Genworth internship. Our internships provide invaluable workplace experience and a chance to see what it’s like to work in a global financial services company. Interns at Genworth gain hands-on experience, working on projects that matter, and learning from leaders in the industry.

Benefits and Perks

Genworth Financial, Inc values the well-being of its employees. We offer competitive benefits packages that promote health, well-being, and financial security. Our benefits are designed to support you at different stages of your life and career.

Hiring Process

Our hiring process is designed to identify and recruit the best talent. From the initial resume submission to the final interview, each step allows us to understand your skills and potential fit within our team. We value transparency and communication, ensuring that candidates have a clear understanding of our expectations and the opportunities we offer.

Stay Connected

Search open positions that match your skills and interests on our Careers page. We look for passionate, curious, creative, and solution-driven team players. Join Genworth Financial, Inc and be part of a company that values innovation, leadership, and a diverse and inclusive workplace.

Keep Up to Date

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Genworth Financial, Inc.

Explore Genworth Financial, Inc Jobs and Careers

Embark on a journey of growth, opportunity, and excellence. At Genworth Financial, Inc, every career is a path to success.
Learn more about Genworth Financial, Inc
Size
2,500 employees
Market Cap
$2.5 billion
Industry
Finance & Insurance
Net Income
$178 million
Founded
2004
5 Year Trend
-1.4%
Revenue
$8.6 billion
NASDAQ
GNW
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Genworth Financial, Inc

More Finance & Insurance Jobs

Find similar Director, Enterprise Risk Management - IT Security & Cyber Risk jobs:

NationwideOakville, ON