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Senior Vice President, Enterprise Risk Management

Job in Markham, Ontario, I3P, Canada
Listing for: Aviva Canada
Full Time position
Listed on 2026-09-30
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance, Corporate Finance
  • Management
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 250000 - 320000 CAD Yearly CAD 250000.00 320000.00 YEAR
Job Description & How to Apply Below
Experience Aviva

Together, we are Aviva. Our values of Care, Commitment, Community, and Confidence guide how we show up for each other and our customers. At Aviva Canada, we put people first through a culture built on inclusion, collaboration, innovation, and continuous improvement.

The Opportunity

The SVP, Enterprise Risk Management is a key member of the Aviva Canada Senior Risk Leadership Team, responsible for providing enterprise-wide leadership across risk business partnering, quantitative risk, insurance and financial risk, capital, model risk, and risk analytics. The role supports the effective performance of Aviva Canada by overseeing the implementation of the Risk Management Framework, providing independent oversight and challenge to the first line, and ensuring the organization operates within its Board-approved risk appetite.

Working closely with the Chief Risk Officer, Executive Committee, and business leaders, the SVP delivers commercially focused risk insight and independent challenge on strategic and business decisions. The role acts as a trusted advisor to senior stakeholders, ensuring robust governance, effective risk management, and a strong risk culture that support Aviva Canada's strategic objectives, regulatory obligations, and long-term resilience.

What You’ll Do Enterprise Risk Leadership and Strategy
  • Partner with the ACAN CRO to shape and execute Aviva Canada's risk strategy and ensure the effective operation of the Risk Management Framework.
  • Provide independent, commercially focused risk insight and challenge to support strategic decision-making, growth objectives, and long-term value creation.
  • Ensure the organization operates within Board-approved risk appetite and maintains effective risk governance, oversight, and risk culture.
  • Support Executive Committee, Board Risk Committee, and ACAN Board reporting on key risk exposures, emerging risks, and risk management effectiveness.
Risk Oversight and Independent Challenge
  • Lead independent oversight of Aviva Canada's aggregate risk profile, including insurance, financial, capital, model, technology, data, change, and operational risks.
  • Provide effective review and challenge of business plans, capital deployment decisions, reinsurance strategies, material transactions, product development, pricing, and other significant business initiatives.
  • Monitor emerging risks and material changes in risk exposure, ensuring appropriate mitigation strategies are identified and executed.
  • Escalate significant risk issues and risk appetite breaches, providing clear recommendations for remediation and management action.
Quantitative, Capital and Model Risk Management
  • Provide enterprise leadership for insurance risk, financial risk, capital risk, risk modelling and risk analytics.
  • Accountable for overseeing Internal Model Independent Validation (IMIV) and material model governance across Aviva Canada.
  • Oversee independent validation activities and provide challenge on capital adequacy, economic capital, liquidity, financial resilience, and risk-return optimization.
  • Drive the evolution of quantitative risk capabilities and risk analytics to enhance business decision making and risk insights.
Business Partnering and Stakeholder Management
  • Lead the Risk Business Partnering team, ensuring Risk is a trusted advisor and constructive challenger to business leaders across Aviva Canada.
  • Build strong relationships with EC, regulators, Board members, Group Risk teams, and external stakeholders
  • Represent Risk on key governance committees, industry forums, and global initiatives, promoting effective risk management practices and influencing outcomes.
  • Foster a culture of transparency, collaboration, and proactive risk management across the organization.
People Leadership…
Position Requirements
10+ Years work experience
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