Associate Vice President, Technology Risk & Controls

Company: CGL
Department: IT - Ent Inf & Ops Serv

Employment Type:

Regular Full-Time
Work Model:
Hybrid (2 days in office)
Language:
Bilingualism in English and French is an asset.

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

The AVP, Technology Risk and Controls, is responsible for leading a team that provides independent, objective assurance and consulting services designed to:
Strengthen Technology’s’ controls and oversight structure; provide holistic management of risks across all of the Technology organization; promote internal controls, fraud and risk awareness, and evaluate related activities; monitoring/testing, identify opportunities for process and control improvements; monitor compliance with applicable laws, rules and regulations; safeguard assets, and share best practices throughout technology. This role is accountable to oversee Technology’s execution of all Enterprise certification and compliance programs in the identification, testing and reporting of internal controls and provides regular reporting to senior management, Co-operators Risk Committee and the Co-operators Audit Committee.

In addition, the role is responsible for championing the Enterprise Risk Management program within Technology and oversight of building appropriate frameworks.

• Foster a strong risk culture across Technology, ensuring risks are identified and addressed.
• Lead and develop the Technology 1B Function; define team structure; oversee capacity planning and performance management.
• Build and maintain strong partnerships with 1A, 2
  
  LoD, Internal Audit, Legal, and Central Control Functions, to embed a strong risk culture and drive sustainable outcomes.
• Establish and support the 1
  
  LoD Technology Risk Committee, including charter, agendas, actions, and escalation; represent management as needed.
• Set the strategic vision for risk reporting across the business and ensure risk assessment results inform business unit monitoring and testing plans, reporting, and remediation priorities.
• Oversee the design of business unit risk reporting to senior management and enterprise stakeholders, with actionable insights and recommendations including forward looking insights and emerging risk themes, aligned with enterprise standards.
• Where applicable, follow the 2
  
  LoD monitoring and testing enterprise requirements, establish a risk-based 1
  
  LoD control monitoring and testing program.
• Conduct an assessment of the existing KCIs, KPIs and KRIs against Tech risks identified through the Risk Scoping activity and determine whether they sufficiently support ongoing risk
• Inspiring, motivating and leading your team to define and execute strategic objectives through effective coaching and mentoring, identifying and developing leadership talent, and fostering an innovative, collaborative, diverse, and agile culture.

• 10 + years of progressive technology risk/audit leadership experience within the insurance and/or audit firm industry
• Bachelor’s degree in Business Administration, Finance or Risk Management
• CPA, CIA and/or Certified Fraud Examiner designation is preferred
• Extensive experience working with/managing 1
  
  LoD functions, understanding Technology business models.
• In-depth understanding of the 3
  
  LoD operating model and how the 1B function supports Technology, and 2
  
  LoD expectations.
• Thorough knowledge of risk management methodologies, ERM, business continuity, control frameworks and risk management techniques.
• Proven track record of successfully leading regulatory audits.
• Demonstrated knowledge of related social, political, regulatory, technological, and economic factors that impact the insurance business, to influence risk management…