Mgr, ERM Financial Risk

Mgr, ERM Financial Risk

Looking to join a growing financial services team? Rogers Bank, a subsidiary of Canada's leading wireless, cable and media company, is expanding and seeking passionate individuals to develop and implement innovative financial solutions and experiences. The bank offers unique cash-back benefits and financing options for Rogers purchases using cutting-edge technology. Interested? Take the next step and consider this opportunity to make a meaningful impact with Rogers Bank.

Who we're looking for:

As Manager of Enterprise Risk Management - Financial Risk for Rogers Bank, this position supports foundational elements of the Enterprise Risk Management framework across the Bank. Financial Risk components of this framework, including but not limited to Credit Risk oversight, Risk Appetite Framework, Model Risk Management, Climate Risk Management, and the concurrent Stress Test (ST), will be critical areas of focus for this position.

What you'll do:

• Support the Bank's Risk Appetite Framework maintenance - ensure an appropriate level of risk capacity and exposure is considered in establishing, measuring, and reporting Key Indicators.
  
• Oversee the Credit Risk Management from a second line of defence perspective, identifying patterns and trends associated with multiple risk segments of the portfolio, and driving recommendations to address issues/opportunities across the credit risk lifecycle
  
• Coordinate the Model Risk Annual Review, ensuring compliance withregulatory expectations
  
• Support the implementation of the Climate Risk Management Framework, aligning with OSFI B-15 Climate Risk Management, integrating climate risk considerations into risk assessments, scenario analysis and regulatory reporting
  
• Perform sensitivity analysis to evaluate the impact of different economic and risk environments, emphasizing credit losses.
  
• Perform independent challenges of Liquidity and Funding Risk management practices, ensuring that full adherence to the risk framework is obtained and adequate risk governance is achieved.
  
• Support financial risk-related analysis on new initiatives and business practices that support the Bank's strategy.
  
• Support the (ST) program, ensuring compliance with OSFI's Guideline E-18. Ensure an adequate line of sight to the ICAAP submission, working closely with Finance
  

In support of these primary objectives, the Manager of Enterprise Risk Management will:

• Support the identification, assessment, monitoring, and reporting of Credit Risk from a second line of defence perspective, ensuring controls that minimize risks to an acceptable level aligned with the Credit Risk Management Policy
  
• Provide recommendations for expected credit losses (ECL) estimation parameters and management overlays to address new/emerging risks and market trends.
  
• Oversee the annual validation and update of ECL parameters; recommend updates from the Enterprise Risk Management Committee.
  
• Review and develop risk segments and identify risk factors using statistical modelling techniques
  
• Automate and maintain reports to evaluate key metrics in support of various stakeholders within the enterprise risk management group
  
• Conduct financial model validations as required
  

What you'll have:

• Bachelor's degree in Mathematics, Statistics, Business, Finance, Economics, or equivalent quantitative field
  
• Expert knowledge of International Financial Reporting Standards (IFRS) 9 - Financial instrument, measurement of Expected Credit Losses
  
• Given the complexity of this position, the ideal candidate will have completed the Financial Risk Management (FRM) certification
  
• 5 years of experience in the unsecured credit card industry
  
• Practical knowledge of SAS and/or Python statistical packages to conduct data transformation, analysis, and modelling.
  
• Experience and proficiency in scenario analysis, time series forecasting, and simulations in Microsoft Excel
  
• Strong analytical and statistical knowledge with an ability to combine quantitative and common-sense problem-solving skills
  
• Highly proficient with Tableau
  
• Highly proficient with the use of database querying tools such as SQL
  
• Highly proficient with Microsoft Office applications - advanced Excel (knowledge of macros-VBA and pivot tables)
  
• Desire to learn and succeed in a challenging, fast-paced environment
  

What's in it for you?

We believe in investing in our people and helping them reach their potential as valuable members of our team. As part of our team, you'll have access to a wide range of incredible resources, growth opportunities, discounts, and perks, including:

• Competitive salary & annual bonus
  
• Competitive & flexible health and dental benefits, pension plan, RRSP, TFSA, and Stock matching programs.
  
• Discounts: Enjoy up to 50% off Rogers Services and Blue Jays Tickets, 25% off TSC items, and a 20% discount on all wireless accessories sold in Rogers stores.
  
• Paid time off for volunteering
  
• Company matching contributions to charities you support
  
• Growth & Development Opportunities:
  
  • Self-driven career development programs (E.g. MyPath program) o Rogers First: priority in applying to internal roles of interest
    
• Wellness Programs:
  
  • Homewood employee & family assistance program o Cognitive Behavioural Therapy (CBT) & Virtual therapy sessions o Low or no-cost fitness membership with access to virtual classes
    
• Our commitment to the environment and diversity:
  
  • Work for an organization committed to environmental protection o Strong commitment to diversity and inclusion with employee resource groups supporting equity-deserving groups including groups representing People of Colour, 2SLGBTQIA+, Indigenous Peoples, Persons with Disabilities and Women. We all bring something different, and we know what makes us different makes us great.
    

This is a hybrid work position and will require you to be in office three days per week. You can choose which days work best for you!

To protect our people, brand and assets, a pre-employment background check will be conducted. As part of our selection process, all candidates must clear a criminal background check. Additionally, a credit check and drivers abstract may be required depending on the role.

Schedule: Full time
Shift: Day
Length of Contract: Not Applicable (Regular Position)
Work Location: 1 Mount Pleasant (083), Toronto, ON
Travel Requirements: No Selection
Posting Category/Function: Banking & Compliance
Requisition ID: 319903

At Rogers, we believe the key to a strong business, is a diverse workforce where equity and inclusion are core to making everyone feel like they belong. We do this by embracing our diversity, celebrating our different perspectives, and working towards creating environments that empower our people to bring their whole selves to work. Everyone who applies for a job will be considered. We recognize the business value in creating a workplace where each team member has the tools to reach their full potential by removing any barriers for equal participation. We work with our candidates who are experiencing a disability throughout the recruitment process to ensure that they have what they need to be at their best. Please reach out to our recruiters and hiring managers to begin a conversation about how we can ensure that you deliver your best work. You matter to us! For any questions, please visit the Recruitment Process FAQ .

Posting Notes:No Selection

Location:
Toronto, ON, CA

Being a Rogers team member comes with some great perks & benefits including:
• Health & well-being benefits
• Donation matching
• Paid time off for volunteering
• Wealth Accumulation including: Pension plan & Employee stock options
• Generous employee discounts
• Leadership development, Mentorship, and Coaching programs

*available for full-time and part-time permanent employees, some restrictions apply

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