Chief Risk Officer
Apply NowCompany: Alberta Motor Association
Location: Edmonton, AB T5A 0A1
Description:
YOU love TELLING PEOPLE YOUR JOB IS FULL OF risk.
Location: Kingsway and Edmonton South
The Chief Risk Officer (CRO) - Insurance and Association is responsible for overseeing enterprise-wide risk management, ensuring consistent risk frameworks, and independently identifying, measuring, monitoring, and reporting on risks. The CRO plays a vital role in establishing risk management policies, risk appetite, and risk reporting structures. The CRO's leadership impacts the organization's financial stability, compliance with regulatory requirements, and the promotion of a risk-aware culture throughout the organization, making this role pivotal in safeguarding the organization's success.
WHAT MOVES YOU
WHAT YOU'LL DO
WHAT YOU'VE DONE
WHAT YOU'LL GET
WORK MODEL:
In-Office
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
Location: Kingsway and Edmonton South
The Chief Risk Officer (CRO) - Insurance and Association is responsible for overseeing enterprise-wide risk management, ensuring consistent risk frameworks, and independently identifying, measuring, monitoring, and reporting on risks. The CRO plays a vital role in establishing risk management policies, risk appetite, and risk reporting structures. The CRO's leadership impacts the organization's financial stability, compliance with regulatory requirements, and the promotion of a risk-aware culture throughout the organization, making this role pivotal in safeguarding the organization's success.
WHAT MOVES YOU
- You are driven by a strong work ethic and entrepreneurial spirit.
- You are eager to combine your business insights with financial and risk knowledge, strong analytical mind, and problem-solving skills to contribute to the organization.
- You are not one to make snap judgments - you look at an issue from all angles.
- Not only are you always ready to take the initiative; you're adept at managing multiple tasks and deadlines successfully.
- Your excellent communication skills make it easy for you to connect with and support others.
- You are a strong leader who enjoys managing people and managing work.
- You are adept at understanding compliance requirements and designing efficient and effective processes.
WHAT YOU'LL DO
- Report to the CFO with accountability to the COOs of Insurance and Association.
- Participate in committees and provide reports to senior management and the Risk Committee of the Board.
- Work in partnership with Insurance and Association senior leaders to ensure risk management activities supports the strategic goals and long-term sustainability of the organization.
- Oversee the Enterprise Risk Management program for Insurance and the Association.
- Promote risk awareness and a risk culture.
- Establish and maintain risk management policies, frameworks, methodologies, processes, tools, and techniques to enable consistent and effective identification, assessment, measurement, monitoring, and reporting of risk and control related information.
- Collaborate with leadership to develop prudent risk appetites and risk limits that align with corporate strategies.
- Responsible for risk governance and regulatory risk compliance, including awareness of all new and applicable changes impacting the risk environment.
- Manage corporate insurance program.
- Oversee the Business Continuity Management (BCM) program and development and sustainment of Business Continuity Plans.
- Establish BCM best practices, skills, and mindset necessary to foster operational resiliency and allow AMA to adapt and respond quickly and effectively.
- Objective assessment and independent oversight of the Fraud Risk Management Program.
- Oversee the ongoing development and improvement of the Third-Party Risk Management program.
- Collaborate with the Chief Compliance Officer, Chief Privacy Officer, Chief Anti-Money Laundering Officer, Director Internal Audit, and CRO Bridgewater Bank to enhance risk management efficiency and effectiveness and harmonize risk management efforts across the organization.
WHAT YOU'VE DONE
- Post-secondary degree in a relevant field, preferably Business or MBA.
- Minimum ten years of management experience in a financial/risk analysis/compliance role.
- Experience in the financial industry sector, preferably with a Canadian P&C insurance company.
- Appropriate qualifications and/or professional certifications in risk management or related fields (e.g., Certified Risk Manager, Certified Risk Professional) may be an asset.
- Deep expertise in Enterprise Risk Management.
WHAT YOU'LL GET
- Competitive salary.
- Flexible benefits.
- Outstanding employer-paid Retirement Savings Program.
- Great AMA discounts.
- Unlimited learning opportunities.
- Paid Vacation and other paid time off including Volunteer Day and Me-Day.
WORK MODEL:
In-Office
We thank all applicants for their interest; however, only those selected for an interview will be contacted.