Aviva

Risk Manager, Third Party Risk Management Program & Reporting

Aviva • $110K — $125K *
Markham, ON L3R 0G6In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Diploma or degree in business, economics, finance or related field, or equivalent experience.
  • 3-5 years of operational risk management experience, ideally in property/casualty insurance.
  • Risk management qualifications or equivalent preferred.
  • Deep understanding of risk management principles and third-party risk.
  • Familiarity with OSFI Guideline B-10, B-13 and E-21.

Responsibilities

  • Design and enhance the Third-Party Risk Management (TPRM) program.
  • Update and refine TPRM policies to meet regulatory and business needs.
  • Coordinate TPRM program design with Aviva Group and other functions.
  • Monitor regulatory compliance and track reporting for Aviva Canada.
  • Collaborate on the consistent application of the TPRM program.
  • Provide input on TPRM program effectiveness to leadership.
  • Lead data collection and analysis for enterprise TPRM visibility.

Benefits

  • Compelling rewards package including base compensation and annual bonus eligibility.
  • Hybrid flexible work model that encourages work-life balance.
  • Outstanding career development opportunities to enhance professional growth.
  • Corporate wellness programs supporting physical and mental health.
  • Competitive vacation package with an option to purchase extra days off.
Full Job Description
The Opportunity

Reporting to the Third Party Risk Management (TPRM) Expertise Lead, the TPRM Program & Reporting role supports with the design, adherence, and continuous improvement of Aviva Canada's Third-Party Risk Management (TPRM) program. The Program & Reporting role works to ensure that the Aviva Canada's TPRM program is aligned with regulatory expectations and the specific requirements of the business. The Program & Reporting role works closely with the 2nd Line Risk team to supervise, track, and report on compliance-related activities.

Come join our team!

What you'll do:
  • Responsible for overall TPRM program design including identification of opportunities to further enhance / strengthen or optimize TPRM program in coordination with the TPRM Expertise Lead and 2nd Line Risk.
  • Update, and refine TPRM policies and standards in alignment with regulatory and business requirements.
  • Coordinate with Aviva Group and / or Aviva Canada functions on TPRM program design, and effectiveness.
  • Assist in regulatory monitoring and compliance tracking and reporting for Aviva Canada.
  • Support in interpretation, and application of third-party regulatory changes
  • Collaborate with TPRM Support / Coordinator role to ensure consistent, and efficient application of Aviva's TPRM program.
  • Responsible to provide input, and commentary on overall TPRM program effectiveness to leadership and / or risk committees as required.
  • Lead monitoring and tracking of TPRM program adherence including driving consistency in applying risk management principles across Aviva Canada business divisions and third-party types.
  • Responsible to define and track relevant KRIs to advise TPRM program effectiveness.
  • Lead in collection, analysis and aggregation of data to provide enterprise view of TPRM program and compliance.
  • Design, build, and implement Third-Party Risk Management tools and dashboards
  • Lead the data collection, aggregation and analysis for the enterprise third-party view.
  • Coordinate across various TPRM governance groups in the collection, and consolidation of updates and data elements to be shared with leadership.
  • Support in other strategic projects or priorities as defined.

What you'll bring:
  • Diploma or degree in business, economics, finance or other related field or equivalent experience.
  • Three to five years of relevant enterprise and/or operational risk management experience, preferably in the property/casualty insurance or related industry. Risk Management Experience will be considered an asset.
  • Risk management qualifications or equivalent.
  • Deep understanding of risk management principles, methodologies, and frameworks and third-party risk subject matter.
  • Understanding of core vendor management and procurement activities and principles.
  • Strong familiarity with OSFI Guideline B-10, B-13 and E-21.
  • Understanding of process design and driving operational excellence.
  • Ability to interpret, understand and apply regulatory guidance.
  • Strong data analysis and reporting skills including ability to manage large and complex data sets.
  • Proficient in data management and ability to collect, prioritize, and extract insights from various sources.
  • Strong attention to detail and ability to ensure accuracy and integrity throughout the reporting process.
  • Excellent relationship building and collaboration skills to work effectively with key internal collaborators.
  • Strong communication skills to effectively communicate risk-related information and insights to various team members.
  • Strong project management skills.
  • Ability to effectively manage risk focused initiatives including managing relationships with key supporting partners.
  • Experience working with vendor risk management software solutions, specifically with SAP Ariba Risk, Archer, and Logigate management platforms would be considered an asset.

What you'll get :
  • Salary band for this position ranges from $110,000 to $125,000. Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity.
  • Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
  • Hybrid flexible work model .
  • Outstanding career development opportunities.
  • We'll support your professional development education.
  • Competitive vacation package with the option to purchase 5 extra days off per year.
  • Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.
  • Corporate wellness programs to support our employees' physical and mental health.


This job advertisement is for an existing vacancy which has been posted both internally & externally.

Aviva Canada may use AI (Artificial Intelligence) tools to assist us throughout the recruitment process to screen, assess or select applicants for a position.

About Aviva

Natural health retailer and resource. Aviva promotes a holistic approach to your health and well-being through proper nutrition and a healthy, natural lifestyle. Aviva operates a retail store in Winnipeg, MB Canada and serves customers across Canada and around the world through www.avivahealth.com. Everything for healthy living.

Aviva Careers

Joining Aviva presents a prime opportunity to be part of a team that values leadership, innovation, and diversity in the workplace. Aviva, a leading insurance and financial services company, offers a variety of job opportunities that cater to a range of skills and professional interests, making it an ideal place for career growth and development.

Explore Job Opportunities

Aviva is actively hiring and continuously seeks passionate, creative, and solution-driven team players. Search open positions that match individual skills and interests in areas ranging from finance to technology. Each position at Aviva offers the chance to work with a global team that drives industry-leading solutions.

Experience Professional Growth

Aviva is committed to the professional growth of its employees. The company offers unmatched training, development, and certification support, allowing every team member to reach their full potential. Leadership and diversity training are integral parts of Aviva's commitment to fostering an inclusive environment.

Internship Programs

Start a career at Aviva with an internship that offers real-world experience and networking opportunities. Aviva's internships provide a robust platform for learning and applying practical skills in a dynamic setting, preparing interns for full-time positions within the company.

Benefits and Culture

Aviva is renowned for its employee benefits and positive company culture. The company prioritizes the well-being and satisfaction of its team, offering comprehensive benefits that enhance both personal and professional life. Aviva's culture is built on a foundation of respect for diversity and an ongoing commitment to inclusion.

Innovation and Networking

At Aviva, innovation is at the core of all operations. Employees are encouraged to lead transformation projects and introduce new strategies that drive growth and efficiency. Networking within Aviva provides connections to industry leaders and peers who are equally eager to share insights and collaborate on projects.

Career Advancement

Aviva believes in nurturing talent and providing employees with opportunities for advancement. Whether through promotions, cross-departmental moves, or leadership roles, team members have numerous paths to elevate their careers.

Join the Aviva Team

Interested candidates are encouraged to apply. Prepare a resume, practice for the interview, and explore the exciting employment and career opportunities at Aviva. Personalize job alerts to stay informed about the latest news and positions that align with career preferences and skills.

Stay Connected with Aviva Careers

Keep up to date with career tips, insider perspectives, and industry-leading insights—all from the professionals who are part of Aviva. Explore what it means to work at a company where innovation, leadership, and diversity are valued above all.

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Learn more about Aviva
Size
28,596 employees
Industry
Finance & Insurance
NASDAQ
AVVIY
* Ladders Estimates

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