VP, Enterprise Risk Management

Position Summary

The Vice President, Enterprise Risk Management is a critical member of the Risk Office and is responsible for overseeing the identification, assessment, monitoring and reporting of risks. This role will lead the Business Risk Management (BRM) team that assists various business units in effective management of risk, while delivering independent, insightful second line review and challenge of key risk management activities including RCSAs and targeted product risk assessments, issues, key risk indicators, and controls.

This individual will also be responsible for contributing towards the design and development of the Enterprise Risk Management Framework and owning the implementation of these frameworks across business units in order to drive effective risk management strategies across the organization. This is a strategic and tactical position, where the candidate will have a deep understanding of the risks facing our business, as well as the best practices and tools to mitigate them.

The candidate will facilitate and lead interfacing with functional units to establish and communicate risk management methodology, processes, risk appetite and risk culture. Additionally, the role will involve interaction with TCH’s external stakeholders, including supervisors and governance committees.

• Contribute to the design, development, and execution of the ERM Framework to effectively identify, measure, monitor, and control enterprise-wide risks
• Lead the business risk management team in providing second line review, challenge and advisory to designated business functions in their execution of risk management and will include engagement with the first line on issues management, RCSA, key risk indicators, and risk assessments
• Build, maintain, and enhance business relations with department and business heads for the smooth implementation of risk management activities across the organization.
• Represent TCH at the internal and external risk committees, and to the supervisors, to provide periodic updates on risk matters
• Ensure the organization's risk profile as related to its activities and dependencies are in alignment with the TCH Business Strategy and Risk Appetite
• Monitor and analyze risks within the company's business units and report on these risks to the internal and external risk committees of TCH, supervisors and other applicable internal stakeholders
• Ensure TCH’s Risk Culture is positively impacted through effective risk training and risk tools.
• Manage and develop junior team members
• Support the Head of Enterprise Risk Management in implementing Risk Office goals for TCH
• Work successfully in a collaborative and team-oriented environment which encourages diversity of thought and open debate of ideas, must possess sound judgment and have the ability to function in a respectful manner
• Partner with ERM on the design and build of the enterprise strategic GRC tool

• Bachelor’s degree or higher in risk management, business administration, computer science, engineering, finance, or a related area
• At least 6-8 years of risk management experience serving as a subject matter expert in Enterprise or Operational Risk Management.
• 10-12 years of financial services work experience managing and implementing enterprise-wide projects, multi-tasking on projects with competing priorities, process decomposition and reengineering, risk assessments, and due diligence.
• Experience in Issues Management programs including the identification, documentation, monitoring and mitigating of risk.
• Experience in RCSA programs involving process identification, definition, and mapping; risk identification, articulation, and assessment; and control design and operational effectiveness assessment (including control testing).
• Experience with Agile software development methodologies and associated risk management practices.
• Proven experience in working with or contributing to development of an ERM or Operational Risk framework in a dynamic and complex organization.
• Applied knowledge of operational processes and industry best practices in internal control, and risk management and…