Search jobs > Toronto, ON > Manager risk management

Manager of Operational Risk Management, GWAM

Manulife
Toronto, Ontario
$121.1K-$151.4K a year (estimated)
Full-time

Job Description

Join our Global Wealth and Asset Management team!

You will be responsible for assisting the Operational Risk Officer to design, implement and deliver an effective risk governance and management program;

leading all aspects of operational risk mitigation activities, within the Canadian Segment of the business.

How will you contribute :

  • Support activities to facilitate the effective implementation of the operational risk framework.
  • Conduct Risk and Control Assessments : documentation of key risks and controls and development of action plans to remediate control gaps, as needed.
  • Contribute to the development of Key Risk Indicators to track identified risks.
  • Collect, review and reconcile internal and external risk incidents / loss events, ensure they are addressed timely, including root cause analysis.
  • Contribute to the design and execution of scenario analysis for key risks.
  • Support change management; for new products, business initiatives and strategies and assess impact on the division’s risk profile.
  • Develop close partnerships and provide valuable collaboration with business and functional leaders to ensure that key risks are properly identified, managed and mitigated.
  • Support the development and maintenance of Global Wealth & Asset Management level Risk Appetite Statements and associated metrics.
  • Contribute to developing a strong risk culture and work with the business to reinforce accountability and transparency across the organization.
  • Provide support for risk aggregation and reporting.

What we are looking for :

Expertise in the Wealth and Asset management industry across various asset classes relevant to the division they support, which may include fixed income, equities, real estate, private debt, mortgages, derivatives, with knowledge of various vehicle types such as separate accounts, mutual funds and ETFs.

You will have significant experience in the design, implementation and / or execution of the Operational Risk Management framework for a large financial institution.

Preferred attributes :

  • A seasoned risk professional with a minimum 5 years + of risk management, finance and / or audit experience.
  • Solid understanding of the industry and familiar with the current regulatory environment.
  • Proven expertise and knowledge of ORM concepts and practices (Risk and Control Self Assessments, Risk Indicators, risk events, scenario analysis)
  • A strong moral compass and a commitment to high ethical standards.
  • Strong collaboration and partnering skills and ability to develop effective working relationships with business and functional partners to influence decisions.
  • Strong program and project management skills to independently manage multiple, conflicting priorities and deliver a quality result within established timelines.
  • A highly motivated and results-driven individual with an established track record in building effective programs and bring strategy into action.
  • Highly developed business sense with ability to synthesize complex information from various sources, identifying key points and issues.
  • Solid analytical and creative problem-solving skills and the ability to motivate others to implement new solutions.
  • Excellent verbal and written communication skills, including ability to articulate complex technical issues.

What can we offer you?

  • A competitive salary and benefits packages.
  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
  • A focus on growing your career path with us.
  • Flexible work policies and strong work-life balance.
  • Professional development and leadership opportunities.

Our commitment : Values-first culture

Values-first culture

We lead with our Values every day and bring them to life together.

Boundless opportunity

We create opportunities to learn and grow at every stage of your career.

Continuous innovation

We invite you to help redefine the future of financial services.

Delivering the promise of Diversity, Equity and Inclusion

We foster an inclusive workplace where everyone thrives.

Championing Corporate Citizenship

We build a business that benefits all stakeholders and has a positive social and environmental impact.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better.

With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States.

We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions.

At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers.

At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.

4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under 945’ in Hong Kong.

Manulife is an Equal Opportunity Employer

At Manulife / JohnHancock, we embrace our diversity. We strive to attract,developandretaina workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals.

We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin,colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers toprovideequal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process.

All information shared during the accommodation request process will be stored and used in a manner that is consistent withapplicable laws and Manulife / John Hancock policies.

To request a reasonable accommodation in the application process, contact

Salary & Benefits

The annual base salary for this role is listed below.

Primary Location

Toronto, Ontario

Salary range is expected to be between

$84,375.00 CAD - $151,875.00 CAD

If you are applying for this role outside of the primary location, please contact for the salary range for your location.

The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education / training.

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption / surrogacy and wellness benefits, and employee / family assistance plans.

We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources.

Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence.

If you are applying for this role in the U.S., please contact for more information about U.S.-specific paid time off provisions.

30+ days ago
Related jobs
RBC - Royal Bank
Toronto, Ontario

This role participates in and leads some of the execution of the Wealth Management Technology & Solutions (WMTS) Operational Risk Annual Plan and execution of operational risk management (ORM) and IT Risk management within WMTS. Application Security, Critical Thinking, Cyber Security Management, Dec...

Deloitte
Toronto, Ontario

Join a dynamic team of industry-leading professionals in Third-Party Risk Management (TPRM) who are dedicated to addressing complex challenges at the intersection of technology, regulatory compliance, and operational efficiency. Minimum 10+ years of experience in Third Party Risk Management (TPRM) o...

Royal Bank of Canada>
Toronto, Ontario

The incumbent is responsible for applying a working level of knowledge of Asset Liability Management (ALM) (also referred to as banking book market risk, non-trading market risk, or interest rate risk in the banking book - IRRBB) and Funds Transfer Pricing (FTP); a primary responsibility of this rol...

Farm Credit Canada
Toronto, Ontario

Provide challenge, standards and practices for the organization to manage operational resiliency risk, crisis management and risk information. In-depth understanding of risk management practices in financial institutions. Crisis and risk management expertise rewarded. Bachelor’s degree in commerce, ...

Recrute Action
Toronto, Ontario
Remote

Support the operational business risk management framework, mapping risk factors and operational needs regularly. Operational Risk Management Analyst - Remote. Engage with Information Risk Management and risk Subject Matter Experts to assess resilience strategies. Proactively share best practices an...

Deloitte
Toronto, Ontario

Join a dynamic team of industry-leading professionals in Third-Party Risk Management (TPRM) who are dedicated to addressing complex challenges at the intersection of technology, regulatory compliance, and operational efficiency. Minimum 10+ years of experience in Third Party Risk Management (TPRM) o...

University of Toronto
Ontario, Canada

Minimum Qualifications Undergraduate students who have taken Risk Management (or related courses) with at least and A- in the course, or graduate students who have taken courses on derivatives and risk management with an excellent grade. Preferred Qualifications Undergraduate students who have taken...

Royal Bank of Canada>
Toronto, Ontario

The Business Manager, Market and Counterparty Credit Risk will be responsible for supporting the financial and operational activities of the MCCR. Market and Counterparty Credit Risk (MCCR) provides independent, enterprise-wide oversight and governance of market, counterparty credit, liquidity and m...

Recrute Action
Toronto, Ontario
Remote

Support the operational business risk management framework, mapping risk factors and operational needs regularly. Operational Risk Management Analyst - Remote. Engage with Information Risk Management and risk Subject Matter Experts to assess resilience strategies. Proactively share best practices an...

RSM
Toronto, Ontario

The Office of Risk Management (ORM) supports the implementation of programs, policies, and practices to manage the risk of RSM Canada LLP. Audit Quality & Risk Management (AQRM) within ORM, is responsible for monitoring the firm’s audit practice by executing such activities as the monitoring of the ...