Director, Internal Audit, Financial Risk Management at Desjardins — NeverHard
Director, Internal Audit, Financial Risk Management at Desjardins in Montréal, Québec. Skills: Agile Auditing, Capital management, Credit Risk, Financial Risk Management, Internal Audit. Apply on NeverHard.
Company
Desjardins
Location
Montréal, Québec
Type
contract
Required skills:
Agile Auditing
Capital management
Credit Risk
Financial Risk Management
Internal Audit
Leadership
Market Risk
Risk Appetite Framework
liquidity risk
As Director, Internal Audit, Financial Risk Management, you lead an internal audit team responsible for strategic, complex and specialized initiatives involving the management of key financial risks at a systemically important financial institution. You will develop and carry out a dynamic, risk-based audit plan aligned with the organization’s strategic priorities and regulatory expectations. Your responsibilities will include credit and concentration risk, counterparty and issuer risk, market risk, liquidity risk, interest rate risk and investment-related risk. You will also work on cross-sector initiatives involving several aspects of financial risk management, including capital management and planning, the risk appetite framework, the internal capital adequacy assessment process, the recovery plan, treasury activities and capital markets. You provide influential leadership to senior management and decision-making bodies by providing independent assurance, informed advice, and a forward-looking perspective on the effectiveness of financial risk governance, measurement, monitoring and management.
Responsibilities
Lead the development, updating, and implementation of the financial risk audit plan using a risk-based, agile and forward-looking approach
Lead strategic, complex, and specialized assurance and advisory mandates involving credit and concentration risk, counterparty and issuer risk, market risk, liquidity risk, interest rate risk and investment-related risk.
Lead audits of cross-sector financial risk management matters, including capital management and planning, the risk appetite framework, the internal capital adequacy assessment process, the recovery plan, treasury activities and capital markets.
Guide and oversee the team’s work to ensure a cross-sector view of financial risks, the relationships between them and their impact on the organization’s risk profile, capital, liquidity and financial strength.
Develop and present findings, recommendations and insights to senior management and decision-making bodies to support sound risk management and informed decision-making.
Maintain a forward-looking view of financial risks and the financial environment by anticipating emerging risks, vulnerabilities and issues likely to affect the organization’s risk profile.
Lead, engage and develop a team of professionals specializing in internal audit and financial risk management, while supporting performance, talent development, succession planning and an inclusive, rigorous and engaging work environment.
Act as an expert advisor to audit teams by supporting them in carrying out complex initiatives involving financial activities, risks and governance, management, and control processes.
Advance the team’s audit practices and capabilities through the ongoing development of expertise and the use of data, analytics and technology.
What we offer
Competitive salary and annual bonus
4 weeks of flexible vacation starting in the first year
Defined benefit pension plan that provides predictable, stable income throughout retirement
Group insurance including telemedicine
Reimbursement of health and wellness expenses and telework equipment
What you bring to the table
Bachelor's degree in a related field
A minimum of nine years of relevant experience, including four years in a management role, ideally working in a financial institution or in a highly regulated environment
Extensive experience and expertise in financial risk management at a financial institution, including several of the following areas: credit and concentration, counterparty and issuer risk, market risk, liquidity risk, interest rate risk and investment-related risk
Proven experience in an influential role with experts and executives, supported by professional judgment, credibility and the ability to foster critical and constructive thinking
Experience in executive writing and presenting
CFA, PRM, FRM designation or any other relevant designation
Knowledge of French is required
Expertise in cross-sector issues related to capital management and planning and risk appetite, as well as the relationships between different categories of financial risk and their impact on the organization’s capital, liquidity and financial resilience
In-depth knowledge of banking and financial activities, and of the processes used to identify, measure, monitor, control and mitigate financial risks
In-depth knowledge of risk management frameworks and prudential requirements applicable to financial institutions, particularly capital requirements and the Basel Accords
Action oriented, Communicates effectively, Complexity, Customer Focus, Develops talent, Differences, Drive results, Engagement, Nimble learning, Strategic mindset
Equity, Diversity, Inclusion and Accessibility
At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.
Trade Union (If applicable) Job Family Management (FG)
Desjardins Group is the largest cooperative financial group in North America. We're the choice for over 52,000 employees and we're named one of Canada's top employers by Mediacorp and Forbes. We offer a full range of financial products and services and share our expertise in personal services, business services, wealth management, life and health insurance, and property and casualty insurance. Pursuing a career at Desjardins means being part of an organization that puts people first.
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