Senior Risk Specialist

Posted:
10/22/2024, 7:59:55 AM

Location(s):
Ontario, Canada ⋅ Old Toronto, Ontario, Canada

Experience Level(s):
Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

Job Description

This is a hybrid role with a mix of remote and in-office working

Current work authorization for Canada is required for all openings.

Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years.  We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients.  As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future. 

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.

As a Senior Risk Specialist, you will play a key role supporting the Enterprise Manual Process Initiative in support of Digital Transformation.  You will provide advisory services to assess project delivery, process risks and internal controls. In this role, you will also participate actively in the initiative to identify opportunities to enhance client experience and improve operational efficiency while mitigating risk exposure.

What You Will Do

You should consider this opportunity if you are passionate about continuous improvement, technology, have demonstrated experience in risk management, and possess strong organizational and communication skills. In this role, your responsibilities will focus on several key areas:

  • Support the Enterprise Manual Process Initiative in identification and assessment of project implementation and delivery risks.

  • Actively participate in project meetings, ask questions, and independently challenge the status quo in a respectful manner.

  • Conduct risk assessments for high-risk processes or business functions within the Enterprise Manual Process Initiative.

  • Review new and/or changes to operational risks within processes, including risk and control documentation and adequacy assessment.

  • Identify areas for improvement and risk remediation. Provide value-add recommendations to stakeholders and build consensus to ensure effective implementation.

  • Ensure material residual risks are identified, action plans are defined, robust and tracked to completion.

  • Any issues identified during project participation or risk assessments are promptly escalated to the Manager, Risk Management, ensuring that timely and effective resolution is achieved through immediate attention and action.

  • Prepare effective communications and presentations for business stakeholders and senior management on assessment outcomes.

  • Maintain up-to-date progress reporting and ensure timely distribution to key stakeholders to facilitate informed decision-making and accountability.

  • Engage proactively in post-implementation lessons learned sessions and continuous improvement discussions to drive actionable insights and foster a culture of ongoing risk management.

Training and Risk Culture

  • Promote robust risk management practices and principles through effective communication strategies, regular training sessions, and continuous engagement in the Enterprise Manual Process Initiative.

  • Ensure that all stakeholders receive comprehensive training on risk concepts, including risk identification, risk assessment, and action planning, to equip them with the necessary skills and knowledge to effectively manage risks.

  • Foster awareness across the organization to ensure that all business units clearly understand their roles and responsibilities in risk management. This includes ensuring that risk management programs are thoroughly understood, properly implemented, and consistently followed.

  • Consistently advocate for strong risk culture and build trusted relationships with all stakeholders by providing valuable insights and maintaining open lines of communication.

What We Are Looking For:

  • Completion of a University degree or equivalent work experience

  • Minimum of 3 years’ experience in the financial industry

  • Minimum of 3 years’ experience in risk management

  • Business Analysis, Business Project Management, Business Process Management education and/or related work experience an asset

  • ISACA certificates or equivalent knowledge an asset

The Expertise You Bring:

  • Ability to work in a fast-paced environment to defined deadlines

  • Strong analytical skills, problem-solving ability and attention to detail

  • Good communication skills, ability to engage with individuals at all levels

  • Capable of assimilating complex material, and to identify and discuss complicated concepts

  • Able to work on own initiative and develop practical solutions under pressure

  • Good knowledge of risk management processes and procedures

  • Knowledge of financial services products, processes, and industry is an asset

  • Proficient computer skills, Microsoft Office (Word, PowerPoint, Outlook, Visio, and Excel); working knowledge of automation and/or emerging technologies

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [email protected].

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

•    Canada's Top 100 Employers 
o    Greater Toronto's Top Employers 
o    Canada's Top Family-Friendly Employers 
o    Canada's Top Employers for Young People 
  
•    Great Place To Work® Certified 
o    Best Workplaces for Inclusion 
o    Best Workplaces for Mental Wellness 
o    Best Workplaces for Today's Youth 
o    Best Workplaces for Women 
o    Best Workplaces in Financial Services & Insurance 
o    Best Workplaces in Ontario 
o    Best Workplaces with Most Trusted Executive Teams 

•    LinkedIn Top Companies in Canada
  
•    Human Resource Director (HRD) - Best Place To Work 
o    HRD - 5-Star Benefit Program 
o    HRD - 5-Star Diversity & Inclusion Employer 

Designations
•    Canadian Compassionate Companies – Certified 
•    Benefits Canada's Workplace Benefits Award - Future of Work Strategy 
•    TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting 
•    Canadian HR Reporter's Most Innovative HR Team