An exciting opportunity for a Senior Manager of Risk Management specializing in Non-Financial Risk. This 2nd Line of Defense role provides oversight, challenge, and advisory to 1st Line activities, focusing on RCSA, risk identification, KRIs, and new product risk assessments. The successful candidate will ensure strong risk management practices and drive key initiatives.
Senior Manager Non-Financial Risk - Corporate Banking
Location: Bay Street
Keywords: Risk Management, Non-Financial Risk, Corporate Banking, Senior Manager
An exciting opportunity has arisen for a highly motivated and experienced professional to join a leading team as a Senior Manager of Risk Management, specializing in Non-Financial Risk. This role will sit in the 2nd Line of Defense, providing independent oversight, challenge, and advisory to 1st Line activities. The successful candidate will play a critical role in ensuring robust risk management practices, particularly in areas such as Risk and Control Self-Assessments (RCSA), risk identification, Key Risk Indicators (KRI), and new product/initiative risk assessments.
- Independent oversight and challenge to 1st Line risk management activities
- Lead the oversight of the Risk and Control Self-Assessment (RCSA) process
- Develop and monitor Key Risk Indicators (KRIs)
What you'll do:
As a Senior Manager Non-Financial Risk - Corporate Banking, you will be at the forefront of our client's risk management operations. You will provide independent oversight, challenge, and advisory to 1st Line activities while ensuring alignment with the organisation’s risk appetite and policies. Your role will involve leading the oversight of the RCSA process, collaborating with stakeholders to identify risks, developing KRIs, contributing to risk management strategies, overseeing new product/initiative risk assessments, supporting operational resilience frameworks, managing policy development & implementation, acting as a trusted advisor on non-financial risk management practices, and maintaining familiarity with regulatory requirements.
- Provide independent oversight and challenge to 1st Line risk management activities
- Lead the oversight of the Risk and Control Self-Assessment (RCSA) process
- Collaborate with stakeholders to identify and assess operational and non-financial risks
- Develop and monitor Key Risk Indicators (KRIs)
- Contribute to the review/update of risk management strategies and action plans
- Provide independent challenge and oversight for new product and initiative risk assessments
- Support oversight of operational resilience frameworks
- Manage the development and enhancement of risk management policies, standards, and frameworks
- Act as a trusted advisor to business units on non-financial risk management practices
- Familiarity with regulatory requirements related to risk management
What you bring:
As a Senior Manager Non-Financial Risk - Corporate Banking, you will bring a wealth of experience in non-financial risk management or a related field within the financial services industry. Your proven expertise in RCSA, risk identification, gap assessments, KRIs, and management reporting will be invaluable in this role. You have experience with Integrated GRC Platforms and possess strong analytical skills with the ability to identify, assess, and mitigate risks effectively. Your excellent written and verbal communication skills will enable you to present to senior management and other stakeholders. A Bachelor’s degree in Finance, Business, Risk Management or a related field is required; an advanced degree or certifications are a plus.
- Minimum of 7–10 years of experience in non-financial risk management or a related field within the financial services industry
- Proven expertise in RCSA, risk identification, gap assessments, KRIs, and management reporting
- Experience with Integrated GRC Platforms (e.g., RSA Archer, MetricStream, ServiceNow)
- Strong analytical skills with the ability to identify, assess, and mitigate risks effectively
- Excellent written and verbal communication skills
- Bachelor’s degree in Finance, Business, Risk Management or a related field; advanced degree or certifications are a plus
What sets this company apart:
Our client is a leading global banking corporation with a strong presence in Canada. They offer a dynamic work environment that fosters collaboration and innovation. Their commitment to employee growth and development is evident in their comprehensive training programs and opportunities for career advancement. They value diversity and inclusion, creating a workplace where everyone feels valued and respected.
What's next:
Ready to take the next step in your career? Apply Today by clicking on the link!
