Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The incumbent is responsible for monitoring operational risks at the corporate level for the Bank and its subsidiaries.

Responsibilities

• Champion the design and implementation of enhancements to the Operational Risk Management program and its underlying components.
• Build strong, collaborative relationships with key stakeholders and partners by addressing issues and concerns in a timely manner and providing on-going advisory services.
• Follow and monitor operational risk issues (risk incidents, risk indicators, risk appetite).
• Support the reporting to management and appropriate committees on the major issues and trends of the operational risk profile.
• Support the business in analysing root causes of operational risk events and issues and ensure corrective action plans are developed and implemented.
• Review and monitor internal risk events and ensure they are logged in a timely manner.
• Support the business in implementing the requirements for Risk and Control Self Assessments.
• Evaluate and recommend new controls where gaps have been identified.
• Work with business units to develop key risk indicators.
• Provide second line of defense oversight for significant initiatives, risk events, risk and control self assessments and scenario analyses.
• Develop a strong understanding of risk application ("Resolver") and be the primary contact for support for business users.
• Contribute to the overall Operational Risk Management education by developing training programs and executing them across the Bank.
• Provide mentorship and guidance to team members.
• Stay informed on the latest operational risk techniques and industry best practices.
• Take part in internal and external committees or activities and represent the Bank to various organizations or stakeholders.
• Perform all tasks of similar or general nature requested by his or her superior required for the job.

Qualifications

• University degree in a relevant field and seven to 10 years of relevant experience

• In-depth knowledge of operational risks, internal auditing and/or internal control frameworks (COSO and COBIT)

• In-depth knowledge of banking products

• Strong analytical skills with a pragmatic approach

• Client (internal) and quality-focused

• Solid communication and relationship management skills

• Team player and proactive

• Bilingualism both spoken and written

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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