Senior Manager, Enterprise Risk Management

Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?

Role Overview  We are seeking an experienced and forward-thinking Enterprise Risk Management (ERM) Leader to provide strategic second-line oversight and shape our risk governance posture. In this critical role, you will act as a trusted advisor to senior leadership, independently challenging first-line business operations while integrating risk considerations into new products, initiatives, and third-party partnerships. Combining traditional ERM rigor with modern analytical agility, you will champion a proactive risk-aware culture across our complex, regulated environment.

Job Location:

Hybrid (2–3 days in office) - based in Toronto, ON.
Key Accountabilities   - Second-Line Oversight & Strategic Advisory:
Provide robust, independent oversight and effective challenge to first-line business units across operational, strategic, financial, and regulatory risk dimensions; advise leaders on proactively embedding risk management into new initiatives and product launches.
- ERM Policy & Risk Appetite Governance:
Lead the periodic review and continuous enhancement of enterprise risk appetite statements, frameworks, and ERM policies to align with evolving organizational strategy and regulatory standards.
- Risk Assessments & Scenario Analysis:
Design, facilitate, and execute comprehensive periodic and ad-hoc risk assessments across business units and corporate functions; actively contribute to enterprise-wide scenario analysis and stress testing to evaluate inherent risks, control effectiveness, and operational resilience.
- Vendor & Emerging Threat Surveillance:
Oversee critical third-party vendor risks and conduct proactive horizon scanning for macroeconomic, industry, and geopolitical developments to provide forward-looking strategic impact analyses.
- KRI Monitoring & Incident Management:
Establish, track, and analyze Key Risk Indicators (KRIs); oversee the incident management lifecycle by conducting thorough root‑cause analyses on risk events and near‑misses to drive sustainable remediation.
- Executive & Board Reporting:
Translate complex risk metrics, trends, and assessment outcomes into clear, executive‑ready dashboards and presentations for senior leadership and Board committees.
- Risk Culture &

Cross-Functional Collaboration:

Partner closely with specialized risk functions and business leaders to foster a cohesive, risk‑conscious culture through targeted training and transparent stakeholder engagement.
- Audit & Regulatory Liaison:
Act as the primary ERM liaison for Internal Audit and regulatory bodies; manage review processes, track remediation commitments, ensure complete closure of findings, and monitor ongoing regulatory changes.
Must Have(s)   - Professional

Experience:

10+ years of progressive risk management experience within capital markets, financial services, or similarly complex, regulated corporate environments.
- Risk Governance Acumen:
Broad-based expertise across enterprise risk domains (including Operational, Financial, and Strategic…