The Risk Management Specialist assists the Director, Risk Management and Chief Risk Officer in the oversight of all risk exposures (operational, financial, business/emerging/strategic) across all lines of business, including corporate functions. Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement. What you'll do: - Developing and maintaining risk assessment and risk metric reporting processes that facilitate the detection and analysis of trends - Identifying opportunities for improving risk assessment and monitoring processes - Collaborating with staff across the Company to ensure risk management frameworks continue to be effective as the Company continues to grow and evolve - Complete risk reports for presentation by the Chief Risk Officer to the Senior Risk and Capital Committee and the Risk Committee of the Board - Research, develop and maintain risk metrics and key risk indicators for operational risk exposures, including data collection and management processes that facilitate the detection and analysis of trends - Develop and maintain processes for risk event monitoring and reporting, including a data management framework that facilitates the detection and analysis of trends - Complete annual risk quantifications for operational risks, updating assumptions and scenarios in response to emerging trends, company growth, and changes in the company's business model - Collaborate with risk management colleagues and other staff to maintain procedures and tools to support risk management frameworks - Act as a subject matter expert, providing direction to staff on risk management processes and procedures - Manage and lead initiatives to develop procedures and tools to support new risk management policies and guidelines that may be introduced to address emerging company needs and regulatory expectations - Prepare and maintain process and user documentation for risk monitoring and reporting tools and processes - Manage and ensure successful implementation of risk monitoring and reporting improvements, including engaging with lines of business, corporate functions, and other oversight functions as required - Act as project manager for risk management initiatives that require coordination across multiple lines of business or corporate functions. Includes scheduling, progress tracking and reporting, and issue tracking/escalation. What you'll bring: - Degree, diploma, or equivalent combination of education and experience in finance, risk management, or related analytical field. - Minimum 3-5 years experience in the financial services industry, preferably in risk management, compliance, or related field. - Knowledge of operational risk management practices would be an asset. - Advanced knowledge of Excel, Power BI, or other spreadsheet / data management software. - Strong knowledge of other Microsoft 365 applications (e.g. Word, PowerPoint, Teams, SharePoint). - Ability to develop reliable, accurate and meaningful reports and data visualizations for senior leaders. - Strong analytical and problem-solving skills, including ability to perform ad hoc data analysis. - Demonstrated initiative in proactively identifying areas of improvement and acting on those opportunities. - Excellent verbal and written communication skills. - Strong organizational skills with ability to manage competing priorities. - Experience collaborating and coordinating across cross-functional teams. What's in it for you: - Career Growth: Regular learning sessions and development opportunities - Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pension matching - Time Away: Competitive vacation plus one paid volunteer day each year - Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a "dress for your day" approach Your base pay will be based on your skills, qualifications, experience and education. In addition to your salary, this role is eligible for a discretionary annual incentive award tied to business performance, plus a wide range of competitive benefits. If you're selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what's included. Reports To: Director, Risk Management Department: Risk Management Term: Permanent Full-Time This position is open and we are excited to find the right person to join our team. As part of the recruitment process, you will need to go through background screening, as per our company policy. #LI-Hybrid