The Chief Risk Officer (CRO) – Insurance and Association is responsible for overseeing enterprise-wide risk management, ensuring consistent risk frameworks, and independently identifying, measuring, monitoring, and reporting on risks. The CRO plays a vital role in establishing risk management policies, risk appetite, and risk reporting structures. The CRO's leadership impacts the organization's financial stability, compliance with regulatory requirements, and the promotion of a risk-aware culture throughout the organization, making this role pivotal in safeguarding the organization's success.
WHAT MOVES YOU
- You are driven by a strong work ethic and entrepreneurial spirit.
- You are eager to combine your business insights with financial and risk knowledge, strong analytical mind, and problem-solving skills to contribute to the organization.
- You are not one to make snap judgments - you look at an issue from all angles.
- Not only are you always ready to take the initiative; you’re adept at managing multiple tasks and deadlines successfully.
- Your excellent communication skills make it easy for you to connect with and support others.
- You are a strong leader who enjoys managing people and managing work.
- You are adept at understanding compliance requirements and designing efficient and effective processes.
WHAT YOU’LL DO
Report to the CFO with accountability to the COOs of Insurance and Association.Participate in committees and provide reports to senior management and the Risk Committee of the Board.Work in partnership with Insurance and Association senior leaders to ensure risk management activities supports the strategic goals and long-term sustainability of the organization.Oversee the Enterprise Risk Management program for Insurance and the Association.Promote risk awareness and a risk culture.Establish and maintain risk management policies, frameworks, methodologies, processes, tools, and techniques to enable consistent and effective identification, assessment, measurement, monitoring, and reporting of risk and control related information.Collaborate with leadership to develop prudent risk appetites and risk limits that align with corporate strategies.Responsible for risk governance and regulatory risk compliance, including awareness of all new and applicable changes impacting the risk environment.Manage corporate insurance program.Oversee the Business Continuity Management (BCM) program and development and sustainment of Business Continuity Plans.Establish BCM best practices, skills, and mindset necessary to foster operational resiliency and allow AMA to adapt and respond quickly and effectively.Objective assessment and independent oversight of the Fraud Risk Management Program.Oversee the ongoing development and improvement of the Third-Party Risk Management program.Collaborate with the Chief Compliance Officer, Chief Privacy Officer, Chief Anti-Money Laundering Officer, Director Internal Audit, and CRO Bridgewater Bank to enhance risk management efficiency and effectiveness and harmonize risk management efforts across the organization.WHAT YOU’VE DONE
Post-secondary degree in a relevant field, preferably Business or MBA.Minimum ten years of management experience in a financial / risk analysis / compliance role.Experience in the financial industry sector, preferably with a Canadian P&C insurance company.Appropriate qualifications and / or professional certifications in risk management or related fields (e.g., Certified Risk Manager, Certified Risk Professional) may be an asset.Deep expertise in Enterprise Risk Management.WHAT YOU'LL GET
Competitive salary.Flexible benefits.Outstanding employer-paid Retirement Savings Program.Great AMA discounts.Unlimited learning opportunities.Paid Vacation and other paid time off including Volunteer Day and Me-Day.