Risk Management Analyst

Location

Winnipeg, MB | Canada

Job description

Overview

Reporting to the Manager, Operational Risk Management, the Risk Management Analyst supports all aspects of the enterprise and operational risk management programs to achieve the Corporation’s goals and objectives by working collaboratively with all areas of the Corporation to understand the risks to the business and engage key stakeholders into the Enterprise Risk Management (ERM) processes.

The Risk Management Analyst will provide enterprise and operational risk management research, analysis and reporting to enable business leaders to effectively and efficiently manage enterprise and operational risks within the domain or business units and assist business leaders with risk advisory, facilitation, analysis and response planning on major initiatives and programs.

Responsibilities

• Works with business unit leaders to perform Risk and Controls Assessments and response planning as requested by business leaders.
• Reviews and analyses risks assessments and provides recommendations to risk owners.
• Works with the business to perform change risk assessments on major change or transformation initiatives that impact the operational risk or control profile.
• Works with the business leaders to conduct risk assessment on material outsourcing arrangements.
• Works with business unit leaders to conduct risk scenario analysis to identify black swan or major risk events that need to assessed and managed.
• Assists business unit leaders to analysis and action internal loss events.
• Assist business unit leaders with the review and assessment of external risk loss events to identify potential emerging risks.
• Develops and maintains risk registers as required and inventory of related internal controls.
• Supports benchmarking and assessing risk management maturity for the Cooperation and for individual business units.
• Establishes and maintains relationships with corporate compliance, legal, audit and business unit leaders.
• Liaises with risk owners across MPI to collect information to support risk governance functions, such as risk measures for various risk categories.
• Gathers, analyses, aggregates, and reports on enterprise risk to management.
• Designs, develops, prepares, and maintains periodic risk reports or presentations to communicate risks, trends, strategies, and potential issues.

Qualifications

• Five years of experience in enterprise and operational risk management, audit, compliance, risk management or a similar role.
• Experience in the property and casualty insurance industry is an asset.
• Degree in economics, commerce/business, finance, statistics, accounting or a related discipline.
• Chartered Professional Accountant (CPA) or a Certification in Operational Risk Management is an asset.
• Experience in documenting process and procedures is an asset.
• Experience in developing Microsoft Power BI’s dashboards and reports is an asset.
• Advanced research skills and understanding of the application of audit and/or enterprise risk management standards and audit and control frameworks.
• Advanced analytical skills with the ability to develop innovative solutions to complex problems.
• Understand complex risk information and communicate guidance to colleagues in and outside of the Risk Management organization.

Employee Benefits

Health benefits

We offer a comprehensive health benefits program that includes:

• flexible health, dental and vision plans
• health spending account
• travel health coverage
• other extended health benefits such as ambulance, massage and physiotherapy

Financial security

In an effort to support financial security, we offer:

• registered pension plan
• group, dependent, and optional life insurance coverage
• critical illness insurance
• sick leave to cover short-term disability
• long-term disability

Wellness

We offer programs that focus on how to better achieve a balance between work and personal commitments, as well as maintain a healthy workplace culture. This includes:

• vacation entitlement
• maternity, parental and adoptive leaves
• bereavement and family responsibility leaves
• employee and family assistance program
• mental-health programming
• lunch-and-learn offerings
• discounted gym memberships and wellness account

Diversity and inclusion

Manitoba Public Insurance believes that diversity and inclusion strengthens us. We consider ourselves to be a barrier-free organization where individual values, beliefs and practices are respected and appreciated for the diversity they bring to our work life.

Employee recognition

It’s important to recognize our employees for their contributions. Not only do we recognize employees as they achieve milestone years in their careers, we also have several outlets for leaders and peers to reward each other for work well done.

Professional development

We want our employees to grow, which is why we offer support in keeping their skills up-to-date. We offer in-house training, professional development and an educational assistance program.

Safety and health

In an effort to encourage a safe and healthy work environment, we offer various safety, health and workplace policies and programs along with technical expertise and assistance to support employee activities in safety and health.

Job tags

Salary