SBI Canada Bank was established in Canada in 1982 as a wholly owned subsidiary of State Bank of India, the largest bank in India.

Manager, Operational Risk

This position reports to the Chief Risk Officer (CRO) and is primarily responsible for performing the following functions:

Assist with the execution of Bank’s yearly Enterprise-wide risk assessment and Risk and Control Self-Assessment process by co-ordinating and challenging risk assessments conducted by business and functional units
Collect Key Risk Indicator (KRI) data and analyze for trends in key risks
Review operational loss data and root cause analysis reports
Maintain model risk inventory and conducts reviews of models as per predetermined frequency
Provide robust challenge to introduction of any new Product/Service
Conduct oversight review of Outsourcing activities
Conduct oversight review of Cyber security activities
Review outcomes of Business Continuity Planning/ Disaster Recovery Testing
Participate in policy/process development of new OSFI mandated operational risk management areas including Technology and Cyber Risk, Culture Risk, Third-Party Risk Management, Operational Risk resilience and Climate Risk (Operational risk related)
Perform any other duties as assigned by the CRO

Job Requirements

University degree in business, risk management finance, economics or similar area required.
Operational risk management experience in financial industry
Good understanding of OSFI regulatory requirements and ERM frameworks
Strong verbal and written communication skills
Strong analytical skills with ability to understand various operations and assess the effectiveness of controls
Ability to problem-solve and multi-task.
Work effectively in a group environment.
Ability to work in an environment of ambiguity and rapid change.

We thank all applicants for their interest in this opportunity. Only those selected for an interview will be contacted. SBI Canada Bank is an equal opportunity employer.

Job Types: Full-time, Permanent

Salary: From $60,000.00 per year

Benefits:

Dental care
Extended health care
Vision care

Schedule:

8 hour shift
Day shift

Ability to commute/relocate:

Toronto, ON: reliably commute or plan to relocate before starting work (required)

Education:

Bachelor's Degree (required)

Experience:

Risk management: 2 years (required)

Expected start date: 2022-10-17

SBI Canada Bank

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Manager-Operational Risk