Full-Time

Senior Manager

Operational Risk Management

Confirmed live in the last 24 hours

Ontario Teachers' Pension Plan

Ontario Teachers' Pension Plan

1,001-5,000 employees

Global investment management for pension funds

AI & Machine Learning
Financial Services

Senior

No H1B Sponsorship

Toronto, ON, Canada

Hybrid work environment combining in-office collaboration and remote working.

Category
Risk Management
Finance & Banking
Requirements
  • University education with a degree in business, economics, or other relevant major; graduate degree is an asset
  • Strong technical and interpersonal skills, along with an understanding of change management and influencing organizational culture
  • Strong critical thinking, analytical and problem-solving skills with the ability to break down complex situations into manageable parts in a systematic manner
  • Strong understanding of risk management frameworks, tools, and methodologies
  • Strong knowledge and direct experience in developing/implementing operational risk programs
  • Strong organizational skills, with the ability to work effectively in a high performance-oriented environment while managing multiple deadlines and priorities
  • Proven ability to interact with all levels of the organization effectively, to build strong working relationships, and influence
  • Excellent communication and presentation skills and demonstrated experience of contributing to executive level reporting.
  • Minimum 5 years of operational risk management experience, preferably in a financial institution/regulated entity
  • Experience within a second line risk function and/or people management are an asset
  • Ability to provide constructive challenge to the business and functional areas to ensure risks are addressed appropriately
Responsibilities
  • Advance the development and deployment of the Operational Risk Program for a large Canadian pension fund as part of its second line risk function.
  • Provide input to the development of ORM strategy and lead deployment of appropriate roadmap, frameworks, policy, and risk management tools (for e.g., RSA, Loss Events, Scenario Analysis, KRI, etc.).
  • Conduct risk assessments and coordinate with key stakeholders to identify, assess, and prioritize operational risks to improve awareness and understanding of risks that have the potential to impact our ability to achieve strategic objectives.
  • Serve as a trusted operational risk advisor to business stakeholders and the risk team.
  • Collaborate within the EORM team to advance our risk management practices, tools, and technology.
  • Understand trends, emerging issues, and stay abreast to industry changes to inform the ORM program and provide recommendations.
  • Contribute to the development of risk reports that are shared with the executive team and the Board Committees.
  • Maintain strong working relationships across the organization with a focus on engaging senior leaders and their teams to help identify potential emerging risks, material issues, and risk trends.
  • Support the development of strong external relationships with pension peers, industry forums, and consulting firms to keep well-informed of industry changes and best practices.
  • Support the team to design and implement risk communication and training efforts.
  • Support the enhancements of risk technology (e.g. GRC) to promote process efficiency, data consistency, and automation.
  • Be an active participant in EORM teams objective setting, planning, and monitoring progress against key objectives.
  • Escalate to the MD, EORM recommendations for areas that require attention and / or mitigation strategies.
  • Support the development and monitoring of EORM team budget, including consulting spend.
  • Seek guidance from MD, EORM where needed and is intended to operate largely independently in representing operational risk management with our business partners.
  • Responsible in conducting risk assessments, executing on key responsibilities, and making recommendations to MD, EORM.
Ontario Teachers' Pension Plan

Ontario Teachers' Pension Plan

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Ontario Teachers' Pension Plan manages a large investment portfolio with $241.6 billion in assets, aiming to grow to $300 billion by 2030. The organization invests in a diverse range of sectors, including agriculture and artificial intelligence, to ensure retirement security for 333,000 teachers in Ontario. Their investment strategy goes beyond just financial returns; they focus on making their portfolio companies more sustainable and profitable. This commitment to sustainability and global investment opportunities sets them apart from other pension plans. The ultimate goal is to provide a secure retirement for teachers while positively impacting the businesses they invest in and the broader world.

Company Stage

N/A

Total Funding

$15.4B

Headquarters

Toronto, Canada

Founded

1989

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Simplify's Take

What believers are saying

  • Recent investments in healthcare show strategic growth in a vital sector.
  • The Fleet Space investment aligns with global sustainability and innovation goals.
  • Acquisition of Max Matthiessen expands influence in European financial services.

What critics are saying

  • Healthcare investments may face regulatory and market challenges.
  • Space exploration investments are subject to technological and regulatory uncertainties.
  • Nordic expansion exposes the plan to geopolitical and economic risks.

What makes Ontario Teachers' Pension Plan unique

  • Ontario Teachers' Pension Plan manages $241.6 billion in assets globally.
  • The plan focuses on sustainable and profitable investments for long-term growth.
  • It has a diverse portfolio, including agriculture, AI, and healthcare.

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Benefits

Professional Development Budget

Employee Discounts