Risk Manager, Third Party Risk Management Program & Reporting

Reporting to the Third Party Risk Management (TPRM) Expertise Lead, the TPRM Program & Reporting role supports with the design, adherence, and continuous improvement of Aviva Canada’s Third-Party Risk Management (TPRM) program. The Program & Reporting role works to ensure that the Aviva Canada’s TPRM program is aligned with regulatory expectations and the specific requirements of the business. The Program & Reporting role works closely with the 2nd Line Risk team to supervise, track, and report on compliance-related activities.

Come join our team!

• Responsible for overall TPRM program design including identification of opportunities to further enhance / strengthen or optimize TPRM program in coordination with the TPRM Expertise Lead and 2nd Line Risk.

• Update, and refine TPRM policies and standards in alignment with regulatory and business requirements.

• Coordinate with Aviva Group and / or Aviva Canada functions on TPRM program design, and effectiveness.

• Assist in regulatory monitoring and compliance tracking and reporting for Aviva Canada.

• Support in interpretation, and application of third-party regulatory changes

• Collaborate with TPRM Support / Coordinator role to ensure consistent, and efficient application of Aviva’s TPRM program.

• Responsible to provide input, and commentary on overall TPRM program effectiveness to leadership and / or risk committees as required.

• Lead monitoring and tracking of TPRM program adherence including driving consistency in applying risk management principles across Aviva Canada business divisions and third-party types.

• Responsible to define and track relevant KRIs to advise TPRM program effectiveness.

• Lead in collection, analysis and aggregation of data to provide enterprise view of TPRM program and compliance.

• Design, build, and implement Third-Party Risk Management tools and dashboards

• Lead the data collection, aggregation and analysis for the enterprise third-party view.

• Coordinate across various TPRM governance groups in the collection, and consolidation of updates and data elements to be shared with leadership.

• Support in other strategic projects or priorities as defined.

• Diploma or degree in business, economics, finance or other related field or equivalent experience.

• Three to five years of relevant enterprise and/or operational risk management experience, preferably in the property/casualty insurance or related industry. Risk Management Experience will be considered an asset.

• Risk management qualifications or equivalent.

• Deep understanding of risk management principles, methodologies, and frameworks and third-party risk subject matter.

• Understanding of core vendor management and procurement activities and principles.

• Strong familiarity with OSFI Guideline B-10, B-13 and E-21.

• Understanding of process design and driving operational excellence.

• Ability to interpret, understand and apply regulatory guidance.

• Strong data analysis and reporting skills including ability to manage large and complex data sets.

• Proficient in data management and ability to collect, prioritize, and extract insights from various sources.

• Strong attention to detail and ability to ensure accuracy and integrity throughout the reporting process.

• Excellent relationship building and collaboration skills to work effectively with key internal collaborators.

• Strong communication skills to effectively communicate risk-related information and insights to various team members.

• Strong project management skills.

• Ability to effectively manage risk focused initiatives including managing relationships with key supporting partners.

• Experience working with vendor risk management software solutions, specifically with SAP Ariba Risk, Archer, and Logigate management platforms would be considered an asset.

• Salary band for this position ranges from $110,000 to $125,000. Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity. 

• Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.   

• Hybrid flexible work model .  

• Outstanding career development opportunities.  

• We’ll support your professional development education.   

• Competitive vacation package with the option to purchase 5 extra days off per year.   

• Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.    

• Corporate wellness programs to support our employees’ physical and mental health.