Financial Services – VP Risk Management

2 days ago


Cana VA United States Stonewood Group Inc. Full time

Our client, a publicly traded company, is the largest private residential mortgage insurer in Canada. With over 400 employees, the company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. For almost two decades, our client has supported the housing market by providing thought leadership and a focus on the safety and soundness of the mortgage finance system.

Scope of Position

Reporting to the Chief Risk Officer (CRO), the Vice President Risk Management will be responsible for overseeing the company’s Enterprise Risk Management (ERM) strategy and improving risk management capabilities across the company.

The successful candidate will also be responsible for overseeing the company’s annual Own Risk and Solvency Assessment (ORSA) and enterprise risk management framework, ensuring there are measures in place to identify, assess, manage, mitigate and report on key risks. Further to that, this role will be accountable for identifying potential operational efficiencies and business opportunities that may arise from enhanced risk processes, technology, data and analytics. As a key member of the risk team, the Vice President, Risk Management will help drive a culture of risk ownership and accountability across the organization.

Responsibilities

  • Manages a team responsible for the development and continued improvement of the Company’s ORSA, ERM strategy and governance processes, including the regular review of the Company’s risk appetite, tolerance and limits. Will work closely with the CRO and senior leadership team in the process.
  • Lead the enhancement of the risk framework, processes, practices and tools to enable the consistent identification and assessment of enterprise risks.
  • Lead risk quantification efforts to better understand losses both expected and unexpected for all material risks.
  • Work closely with the CRO and help drive greater integration of organizational risks, risk appetite, strategy, capital allocation and decision making.
  • Owns the oversight of macroeconomic risk and is accountable for enhancing the Company’s framework for the identification, assessment, management and monitoring of emerging regional and economic risks.
  • Works closely with the Actuarial and Modelling group to define and test potential adverse stress events in response to emerging risks. Support the development of contingency planning in accordance with stress results.
  • Responsible for the development of qualitative and quantitative assumptions used in the loss forecasting and strategic planning process.
  • Identify and champion opportunities for improving insurance portfolio performance through enhanced data and risk analytics.
  • Develop and maintain value-added risk reporting mechanisms to the executive and board level, including regular reviews of key enterprise risks and mitigation strategies.
  • Lead efforts to embed new technologies & non-traditional data sources into risk management & operational processes. Enhance risk models used in the underwriting process, optimize risk adjusted returns and drive operational efficiency.
  • Supports business growth strategy through customized data, analytics & reporting for lenders.
  • Works closely with the company’s U.S. enterprise risk management leaders to ensure best practices are identified and brought to Canada. Will participate in the global enterprise risks management meetings.
  • Represents the Company externally at key enterprise risk management conferences and forums.

Preferred Experience/Education

  • An undergraduate degree in Finance, Economics or Business Administration, preference for a Master’s degree, or post graduate training in Finance, Economics or Business Administration.
  • Enterprise Risk Analyst or other Risk Management related designation an asset.
  • Minimum 10 years’ experience in the financial services sector. Experience in mortgage insurance, mortgage lending and/or consumer credit a plus.
  • Minimum 10 years’ experience in risk management, Internal Audit or Compliance.
  • Expert knowledge in enterprise risk management practices in financial services/insurance environments.
  • Proven leadership in the establishment of governance structure, policies and/or programs within a business.
  • Deep knowledge of risk quantification methodologies.

Competency Profile

Quickly adapts to new situations and approaches; Open to change and readily adopts new methods in the face of shifting priorities and ambiguity; Can alter own perspective and behaviour in order to adjust to changing demands and plans.

Team Skills

Helps to create a sense of team spirit and harmonious relations through cooperation and support; Balances personal goals with those of the team; Fosters collaboration among team members.

Strategic Approach

Develops a strategic plan to realize the vision; Revises strategy in light of changing circumstances; Takes a long-term view of organizational success; Works to clarify long term organizational goals; Able to stand back from immediate problems in order to focus on more far reaching ideas.

Problem Solving

Draws parallels across situations and contexts; Divides problems into their individual elements; Develops several explanations or alternatives; Separates the core of a problem from its symptoms and can identify cause and effect.

Communication

Expresses ideas in a clear, fluent and concise manner; Written and oral arguments are compelling and responsive to the needs of the audience; Comprehends communications from others and responds appropriately.

Planning & Objective Setting

Systematic in approach to work; Produces action plans in which objectives are defined and steps for achieving them are clearly specified; Plans by breaking down large task into subtasks; Develops plans that anticipate obstacles; Is realistic about time-scales and builds in appropriate checkpoints, milestones and controls in order to ensure that desired results are realized.

Highly competitive compensation package tailored to the successful candidate.

#J-18808-Ljbffr
  • Financial Services

    3 months ago


    Cana, United States Stonewood Group Full time

    Financial Services – VP Enterprise Information Security About the Company Our Client is Canada’s export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. They take on risk so Canadian businesses can take on the world. When you join their team,...


  • Chicago, IL, United States VP Infrastruktur Full time

    Job Highlights Title Payments Control Manager (VP) Type Full Time Experience Not Indicated Function Corporate/Investment Bank Location Chicago, IL, United States Company JPMorgan Chase Company Profile JPMorgan Chase is one of the oldest financial institutions. It offers innovative financial solutions to millions of consumers, small...


  • Cana, VA, United States Stonewood Group Inc. Full time

    Industrial Services – VP, Controller & Financial Reporting THIS SEARCH WAS SUCCESSFULLY COMPLETED. Our Client Our Client is a $100 M industrial services company in Canada, providing remediation, restoration, and reconstruction services nationwide. The corporation consists of established and reputable companies across Canada, proud of its...


  • Cana, VA, United States Stonewood Group Inc. Full time

    Our client, a publicly traded company, is the largest private residential mortgage insurer in Canada. With over 400 employees, the Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The client differentiates itself through superior customer service, a robust...

  • VP, Risk Management

    2 days ago


    Valhalla, NY, United States American Health Quality Association Full time

    Job Summary: VP, Risk Management provides strategic direction and leadership for all enterprise risk management and insurance functions for WMCHealth Network. This individual is responsible for the design, implementation, staff leadership and development of enterprise risk management services throughout the organization and participates with senior...


  • , AZ, United States Sun Health Corporation Full time

    VP of Enterprise Risk Management and Corporate Compliance - Join Our Big-Hearted Team Are you ready to make a meaningful impact in a vibrant, compassionate community? Join our vibrant team at Administration in Surprise, AZ , as a VP of Enterprise Risk Management and Corporate Compliance! Why Choose Us? Great Place to Work : Sun Health has been certified...


  • El Monte, CA, United States Solugenix Corp Full time

    VP, Manager, Country Risk $120k - $160k Scroll down to find an indepth overview of this job, and what is expected of candidates Make an application by clicking on the Apply button. El Monte, CA (Hybrid - 3+ days a week onsite) Direct Hire Job ID 24-09325 Solugenix is looking for a VP, Manager, Country Risk. This is a direct hire opportunity in El Monte, CA...


  • Endwell, NY, United States CUES TRAINING FACILITY Full time

    As a VP/Chief Risk Officer, you provide enterprise-wide strategic and tactical leadership in implementing, maturing, and overseeing the Enterprise Risk Management (ERM) Program(s) (i.e. WolfPAC, Quantivate and Rochdale Paragon) including the identification, assessment, and management of enterprise risk, including regulatory compliance. The VP/Chief Risk...

  • VP of Compliance IN

    2 weeks ago


    Carmel, IN, United States Creative Financial Staffing Full time

    Job Title: Vice President of ComplianceLocation: Carmel, IndianaReports to: Chief Compliance Officer (CCO)Department: ComplianceSalary: 125,000Fully in officeJob Summary:The Vice President (VP) of Compliance will lead the bank's compliance strategy and ensure adherence to all applicable banking regulations, laws, and industry standards. The VP will develop,...


  • City of Daşşak, NY, United States Nbsalonspa Full time

    Job Highlights Title Asset Management Risk (VP) Type Full Time Experience 7+ Years Function Wealth Management Location New York, NY, United States Company JPMorgan Chase Company Profile JPMorgan Chase is one of the oldest financial institutions. It offers innovative financial solutions to millions of consumers, small businesses, and many...


  • Cana, VA, United States Stonewood Group Inc. Full time

    Our Client Our Client is a $100 M industrial services company in Canada. The company provides remediation, restoration, and reconstruction services nationwide. The corporation is made up of established and reputable companies across Canada and is extremely proud of its entrepreneurial and regional heritage. The corporate structure gives it scale, stability,...

  • VP Financial Planner

    1 month ago


    Houston, TX, United States Madison Professional Group- Financial Advisory Recruiters Full time

    As a VP Financial Planner, you will be responsible for executing wealth management strategies that foster strong, enduring client relationships and high client loyalty. You will be working with branches private wealth clients and helping to cultivate those relationships and establish additional clients with referrals. You will serve as a subject matter...


  • Orlando, FL, United States Creative Financial Staffing Full time

    Vice President Finance or Senior VP Finance $200k - $250k base + 40% bonus (Will pay for the right candidate!)*Relocation to Orlando, FL area providedCompany is international and one of the largest privately owned organizations in their industry.Recently named one of the best places to work in 2021, 2022 and 2023. Responsibilities of the VP of Finance...


  • Orlando, FL, United States Creative Financial Staffing Full time

    Vice President of FinanceOur client is a well-respected nationally respected client seeking their next VP of Finance. This candidate will be reporting to a Division President and mentor, train, hire, a large team. The ideal candidate will be a CPA, have large homebuilding experience, and have strong leadership qualities. About the Company and the Vice...

  • VP of Finance FL

    2 weeks ago


    Orlando, FL, United States Creative Financial Staffing Full time

    Vice President of Finance Our client is a well-respected nationally respected client seeking their next VP of Finance. This candidate will be reporting to a Division President and mentor, train, hire, a large team. The ideal candidate will be a CPA, have large homebuilding experience, and have strong leadership qualities. About the Company and the Vice...


  • Portland, OR, United States ACG Cares Full time

    Join the Oregon Symphony Team as our Vice President and Chief Financial Officer (VP and CFO)! As our VP and CFO, you will play a critical role in shaping the financial and operational strategy of one of Oregon’s premier cultural institutions. Your leadership will ensure the Symphony’s fiscal integrity, operational efficiency, and long-term...


  • Seattle, WA, United States Amazon.com Services LLC Full time

    Experience defining program requirements and using data and metrics to determine improvements 5+ years of experience delivering cross-functional projects 5+ years of experience in program or project management 5+ years of experience working cross-functionally with tech and non-tech teams Bachelor’s degree required. 5+ years of relevant experience in...


  • Christiansburg, VA, United States VP Management Full time

    Looking to join a growth-oriented company with an engaging work culture. The general manager of the hotel property is responsible for overseeing the lodging facility to ensure excellent guest satisfaction and to enhance the facility’s reputation among travelers, ensuring the general overall operations of the property along with management of the staff and...

  • Financial Services

    3 months ago


    Cana, United States Stonewood Group Full time

    Our client is a global leader in the financial services industry with a well-established Canadian footprint serving millions of customers with a myriad of best-of-class products and services. A well-known employer of choice, our client’s brand extends to superior customer service and experience both via its extensive brick-and-mortar network and its...

  • VP of Construction

    4 weeks ago


    Arlington, VA, United States Energix North America Full time

    The Company:Headquartered in Arlington, Virginia, Energix Renewables is a leading independent power producer that develops, constructs, owns and operates solar energy projects in Virginia, Pennsylvania, West Virginia, and Kentucky.Energix Renewables is a subsidiary of an Israeli publicly traded company, Energix – Renewable Energies Ltd. (TASE: ENRG). With...