Associate or Associate Director Operational Risk
- Montreal, QC, Canada
Full-time
Applications open in a new tab.
Job details
- Job type
- Full-time
- Apply by
- Experience
- A bachelor's or master's degree in a related field with at least 5-7 years of relevant experience (i.e., capital markets, operations, governance, risk, compliance, audit, etc.).
- Posting language
- English
- Posted
Original job description
A career as an Associate or Associate Director within National Bank’s Capital Markets Business Operational Strategy, Resilience & Risk Management team means supporting the business line in identifying, assessing, monitoring, and managing operational risk through an efficient, practical, and tailored approach that reflects the specific context of Capital Markets.
In this role, you will use your problem-solving and influencing skills to make a positive impact across the organization.
Your Job
- Manage the transversal governance program for Capital Markets Operational Risk
- Ensure the timely and consistent delivery of reporting, governance and oversight
- Coordinate team deliverables, including regulatory requests and audit mandates
- Coordinate Key Risk and Control Indicators reporting
- Operational Risk Events and Control Enhancement
- Manage transversal investigations and related reporting, including operational risk event reviews, root-cause analyses, post-mortems, and deep dives
- Support business lines in assigning action owners, establishing timelines, and monitoring the implementation and closure of corrective measures
- Risk and Control Assessments
- Lead the planning, execution, and reporting of risk assessments, including control walkthroughs and testing, in accordance with the Bank’s operational risk taxonomy
- Contribute to risk assessments for new products and activities within Capital Markets
- Manage the continuous monitoring program and related reporting
Your Team
You will join a team of 25 colleagues within Capital Markets Operational Risk and report to the Director, Business Operational Strategy, Resilience & Risk Management.
Our team stands out for its diversity, dynamism, agility, and its knowledge of Capital Markets activities and processes that support these activities.
Our training programs use on-the-job learning to help you master your role. You can access personalized training content on such topics as banking solutions and the advisory approach to support your ongoing learning. You’ll also have access to colleagues with a wide range of expertise, experience and backgrounds to enrich all aspects of your development.
This position is based in Montreal or Toronto.
- A bachelor's or master's degree in a related field with at least 5-7 years of relevant experience (i.e., capital markets, operations, governance, risk, compliance, audit, etc.).
- Experience in Capital Markets activities, products and structures as well as the supporting systems and processes.
- Experience in operational risk management, risk assessments, and banking and/or securities regulation, including CIRO and OSFI requirements.
- Experience performing process walkthroughs and control testing.
- Proven ability to solve complex problems, with a strong focus on delivering tangible results.
- Comfortable working in a fast-paced, ambiguous, and constantly evolving environment while supporting senior and demanding stakeholders.
- Ability to communicate effectively with business leaders and senior stakeholders.
Reason to require this language: you will need to work closely with our colleagues outside Quebec.
Required skills: Agility, Analytical Skills, Collaboration, Communication, Control Testing, Entrepreneurship, Financial Markets, Governance, Influencing, Initiative, Operational Risk, Problem Solving, Risk & Compliance, Stakeholder Management
Your benefits
In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:
* Health and wellness program, including many options
* Flexible group insurance
* Generous pension plan
* Employee Share Ownership Plan
* Employee and family assistance program
* Preferential banking services
* Involvement in community initiatives
* Telemedicine service
* Virtual sleep clinic
We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.
Making a bold move in a people-first environment
We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.
We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?
Join us!
More about this job
Responsibilities
Manage Capital Markets operational risk governance, reporting, oversight, and coordination of regulatory and audit deliverables. Lead risk assessments, control walkthroughs and testing, operational risk event investigations, and monitoring of corrective actions and new-product risks.
Requirements
A bachelor's or master's degree in a related field and 5–7 years of relevant experience are required, including experience with Capital Markets activities, operational risk, assessments, and applicable banking or securities regulations. Candidates should have experience with process walkthroughs and control testing, strong problem-solving and communication skills, and the ability to work effectively with senior stakeholders in a fast-changing environment.
Skills
- Agility
- Analytical Skills
- Collaboration
- Communication
- Control Testing
- Entrepreneurship
- Financial Markets
- Governance
- Influencing
- Initiative
- Operational Risk
- Problem Solving
- Risk and Compliance
- Stakeholder Management
Benefits
- Health and Wellness Program
- Flexible Group Insurance
- Pension Plan
- Employee Share Ownership Plan
- Employee and Family Assistance Program
- Preferential Banking Services
- Community Initiatives
- Telemedicine Service
- Virtual Sleep Clinic
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
- Security & Safety
Keywords
- Capital Markets
- Operational Risk
- Risk Management
- Risk Assessments
- Risk and Control Assessments
- Control Testing
- Process Walkthroughs
- Governance
- Regulatory Requests
- Audit Mandates
- Key Risk Indicators
- Control Indicators
- Operational Risk Events
- Root-Cause Analysis
- Post-Mortems
- Corrective Measures
- Continuous Monitoring
- New Products and Activities
- CIRO
- OSFI
- Banking Regulation
- Securities Regulation
- Resilience
- Stakeholder Management