Risk Specialist
Top Benefits
About the role
Posting #: 25-96
Location: Hybrid (Sault Ste. Marie or Kitchener)
Reports to: Director, Enterprise Risk Management
Job Type: Temporary Full-Time (approximately one year)
Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like-minded people toward a common goal?
Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local and investing back into our members, staff, and community; and we are looking for people like you to join our team.
JOB SUMMARY:
The Risk Specialist will work collaboratively with the Director, Enterprise Risk Management (ERM) to develop, maintain, continuously improve, implement, and monitor the Credit Union’s risk management framework. The Risk Specialist will be the key contact within the ERM team for all YNCU staff concerning day-to-day risk related issues.
DUTIES & RESPONSIBILITIES:
· As part of the ERM team, assist in the management and mitigation of risks the Credit Union is facing including but not limited to operational, reputational, credit, fraud, information security, privacy and regulatory risks
· Collaborate with the ERM team and various other departments to maintain, revise and improve the Credit Union’s risk, and operational policies, procedures and forms through ongoing review, revision and enhancement
· Conduct and contribute to risk assessments, including member risk assessments, new product assessments and risk stress testing capabilities
· Support best-in-class processes and systems, and drive continuous improvement
· Conduct risk analyses in the Credit Union’s processes and procedures to ascertain where gaps exist that result in risk exposures and make recommendations to close those gaps
· Act as a consultant to staff regarding risk related issues/questions
· Provide ongoing support and guidance to the Credit Union regarding risk trends and escalate to management for action
· Escalate potential or unresolved risk management deficiencies to management for resolution promptly as appropriate
· Work collaboratively with the Director, ERM to implement the ERM strategy
· Abide by YNCU policies, procedures, standards, guidelines and practice
· Work safely in accordance with YNCU’s Health & Safety Policy, procedures and the Occupational Health and Safety Act as amended from time to time
· Other duties as assigned
QUALIFICATIONS:
· Post-secondary degree in business or a related field with two (2) plus years of related experience in risk management is preferred.
· Strong analytical/statistical skills with a high degree of knowledge using spreadsheet software (Excel).
· Must have a valid Ontario driver's license and reliable available vehicle
· Must be bondable
Why work at YNCU?
YNCU employees get to be a part of the growing credit union movement and help us get the word out on why banking locally is so important. We’re your friendly, helpful, and financially savvy neighbour who provides tailored financial services to our members, supports small businesses, creates local jobs, and gives back to causes that matter. Through our Good Neighbours Employee Volunteer Program and Monthly Staff Donation Draws, we even let you choose the causes we donate to and support. YNCU is recognized for the following:
· Certified Ontario Living Wage Employer
· B Corp Certified
· Flexible work arrangements once fully oriented
· Competitive Compensation, Incentive Programs and Benefits
· Remote/working from home hybrid option once fully oriented
· 37.5-hour work week
· 7% matching pension
· Benefits are 100% paid for by YNCU
· Employer under The Career Directory (2023): Canada’s Best Employers for Recent Graduates
· 2023 Canada's Healthy Workplace Month Great Employer Award
· Wellness Initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+, and LIFT Virtual Fitness
· Training and Development Opportunities
· Community Sponsored Events Employee and paid Volunteer opportunities
· Opportunities to get involved with fun and meaningful committees
· Free banking account
· Discounted Employee Rates
To be considered for this opportunity please apply at https://careers.yncu.com/risk-specialist
YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.
YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training.
Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at hrjobs@yncu.com.
Job Types: Full-time, Fixed term contract
Contract length: 12 months
Benefits:
- Company pension
- Dental care
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care
Work Location: Hybrid remote in Sault Ste. Marie, ON P6A 1W7
About Your Neighbourhood Credit Union (YNCU)
YNCU is a local credit union that's been serving communities across Southwestern and Northern Ontario for over 75 years. We pride ourselves on being an honest financial partner who understands the real trials and financial realities of our members' lives today. We’re the kind of partner who would rather use our profits to fuel local growth than let them leave the communities we belong to.
We're proud to be a Certified B Corp. As a cooperative organization, we believe in being a part of a larger movement to benefit all people, communities, and the planet. We are committed to being in business for purpose, not just for profit.
Our business thrives when people from the neighbourhood come to work with us, especially community-minded people who are passionate about giving back to the place they call home. Working here allows you to make meaningful connections and build a sense of community that sets YNCU apart from the big banks: we believe in keeping our dollars local by re-investing in our members, staff and neighbours.
Join our Neighbourhood and become part of a financial institution that is dedicated to making things happen for our members!
YNCU acknowledges the history of the traditional territory on which it operates. YNCU is headquartered on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee Peoples as well as on Robinson-Huron Treaty territory, traditional territory of the Anishnaabeg, specifically the Garden River and Batchewana First Nations, as well as Métis People. We recognize our responsibility to serve as stewards for the land and respect and honour the long standing relationships of the original caretakers who came before us.
This land acknowledgement is a small act of reconciliation on behalf of YNCU to our First Nations community members. We welcome any suggestions for this land acknowledgment, or for how we can better act as stewards of respect and reconciliation.
Risk Specialist
Top Benefits
About the role
Posting #: 25-96
Location: Hybrid (Sault Ste. Marie or Kitchener)
Reports to: Director, Enterprise Risk Management
Job Type: Temporary Full-Time (approximately one year)
Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like-minded people toward a common goal?
Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local and investing back into our members, staff, and community; and we are looking for people like you to join our team.
JOB SUMMARY:
The Risk Specialist will work collaboratively with the Director, Enterprise Risk Management (ERM) to develop, maintain, continuously improve, implement, and monitor the Credit Union’s risk management framework. The Risk Specialist will be the key contact within the ERM team for all YNCU staff concerning day-to-day risk related issues.
DUTIES & RESPONSIBILITIES:
· As part of the ERM team, assist in the management and mitigation of risks the Credit Union is facing including but not limited to operational, reputational, credit, fraud, information security, privacy and regulatory risks
· Collaborate with the ERM team and various other departments to maintain, revise and improve the Credit Union’s risk, and operational policies, procedures and forms through ongoing review, revision and enhancement
· Conduct and contribute to risk assessments, including member risk assessments, new product assessments and risk stress testing capabilities
· Support best-in-class processes and systems, and drive continuous improvement
· Conduct risk analyses in the Credit Union’s processes and procedures to ascertain where gaps exist that result in risk exposures and make recommendations to close those gaps
· Act as a consultant to staff regarding risk related issues/questions
· Provide ongoing support and guidance to the Credit Union regarding risk trends and escalate to management for action
· Escalate potential or unresolved risk management deficiencies to management for resolution promptly as appropriate
· Work collaboratively with the Director, ERM to implement the ERM strategy
· Abide by YNCU policies, procedures, standards, guidelines and practice
· Work safely in accordance with YNCU’s Health & Safety Policy, procedures and the Occupational Health and Safety Act as amended from time to time
· Other duties as assigned
QUALIFICATIONS:
· Post-secondary degree in business or a related field with two (2) plus years of related experience in risk management is preferred.
· Strong analytical/statistical skills with a high degree of knowledge using spreadsheet software (Excel).
· Must have a valid Ontario driver's license and reliable available vehicle
· Must be bondable
Why work at YNCU?
YNCU employees get to be a part of the growing credit union movement and help us get the word out on why banking locally is so important. We’re your friendly, helpful, and financially savvy neighbour who provides tailored financial services to our members, supports small businesses, creates local jobs, and gives back to causes that matter. Through our Good Neighbours Employee Volunteer Program and Monthly Staff Donation Draws, we even let you choose the causes we donate to and support. YNCU is recognized for the following:
· Certified Ontario Living Wage Employer
· B Corp Certified
· Flexible work arrangements once fully oriented
· Competitive Compensation, Incentive Programs and Benefits
· Remote/working from home hybrid option once fully oriented
· 37.5-hour work week
· 7% matching pension
· Benefits are 100% paid for by YNCU
· Employer under The Career Directory (2023): Canada’s Best Employers for Recent Graduates
· 2023 Canada's Healthy Workplace Month Great Employer Award
· Wellness Initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+, and LIFT Virtual Fitness
· Training and Development Opportunities
· Community Sponsored Events Employee and paid Volunteer opportunities
· Opportunities to get involved with fun and meaningful committees
· Free banking account
· Discounted Employee Rates
To be considered for this opportunity please apply at https://careers.yncu.com/risk-specialist
YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.
YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training.
Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at hrjobs@yncu.com.
Job Types: Full-time, Fixed term contract
Contract length: 12 months
Benefits:
- Company pension
- Dental care
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care
Work Location: Hybrid remote in Sault Ste. Marie, ON P6A 1W7
About Your Neighbourhood Credit Union (YNCU)
YNCU is a local credit union that's been serving communities across Southwestern and Northern Ontario for over 75 years. We pride ourselves on being an honest financial partner who understands the real trials and financial realities of our members' lives today. We’re the kind of partner who would rather use our profits to fuel local growth than let them leave the communities we belong to.
We're proud to be a Certified B Corp. As a cooperative organization, we believe in being a part of a larger movement to benefit all people, communities, and the planet. We are committed to being in business for purpose, not just for profit.
Our business thrives when people from the neighbourhood come to work with us, especially community-minded people who are passionate about giving back to the place they call home. Working here allows you to make meaningful connections and build a sense of community that sets YNCU apart from the big banks: we believe in keeping our dollars local by re-investing in our members, staff and neighbours.
Join our Neighbourhood and become part of a financial institution that is dedicated to making things happen for our members!
YNCU acknowledges the history of the traditional territory on which it operates. YNCU is headquartered on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee Peoples as well as on Robinson-Huron Treaty territory, traditional territory of the Anishnaabeg, specifically the Garden River and Batchewana First Nations, as well as Métis People. We recognize our responsibility to serve as stewards for the land and respect and honour the long standing relationships of the original caretakers who came before us.
This land acknowledgement is a small act of reconciliation on behalf of YNCU to our First Nations community members. We welcome any suggestions for this land acknowledgment, or for how we can better act as stewards of respect and reconciliation.