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Senior Vice President of Enterprise Risk Management

Job in Markham, Ontario, I3P, Canada
Listing for: Aviva
Full Time position
Listed on 2026-10-07
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
  • Management
    Risk Manager/Analyst
Job Description & How to Apply Below
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
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
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
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
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
Lead and develop a high-performing team across Risk Business Partnering and Quantitative Risk
Establish clear priorities, performance expectations, and accountability for delivery of high-quality risk outcomes
Build organizational capability in risk management, business partnering, analytics, and technical risk disciplines
Promote a culture of continuous improvement, talent development, and succession planning while ensuring Risk operates as a cohesive and high-performing function
Proven ability to develop and execute…
Position Requirements
10+ Years work experience
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