Who We Are Canada Guaranty is a privately held Canadian mortgage insurer, established in 2010 following the acquisition of AIG United Guaranty Mortgage Insurance Company Canada by the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc.

As a proudly Canadian company, we are committed to service excellence and helping Canadians achieve successful, long-term homeownership. Our mortgage solutions help protect lenders and investors from losses related to borrower default and foreclosure while ensuring Canadians are provided with greater access to affordable and sustainable homeownership.

Canada Guaranty’s performance-driven culture thrives on accountability, collaboration, and supportive teamwork. If you’re a dedicated team player with a strong track record of excellence, we can’t wait to hear from you!

About The Opportunity The Manager, Enterprise & Operational Risk Management will play a key role in implementing and maintaining Canada Guaranty's Enterprise Risk Management (ERM) and Operational Risk Management (ORM) frameworks. Reporting to the Director, Enterprise Risk Management & Operational Risk and Resilience, this role will focus on executing risk assessments, embedding risk governance, monitoring key risks, and ensuring compliance with OSFI guidelines, including E-21 for operational risk.

This position requires a detail-oriented risk professional who can translate risk policies into actionable processes, collaborate across business functions, and support enterprise-wide risk initiatives.

Within The First 12 Months, The Successful Candidate Will

• Embed the ERM and ORM frameworks into business operations, ensuring effective execution and monitoring.
• Ensure OSFI E-21 compliance, implementing required second-line oversight processes for operational risk.
• Develop standardized risk reports, providing clear insights for executive and board-level risk oversight.
• Strengthen first- and second-line collaboration, improving risk ownership and awareness within business units.
• Enhance operational risk controls, ensuring proactive risk identification and mitigation strategies are in place.

Essential Qualifications

• Bachelor’s degree in business, Finance, Risk Management, or a related field.
• 5+ years of experience in enterprise risk, operational risk, or governance
• Ability to analyze risk data, identify trends, and communicate findings effectively to senior leaders.
• Strong relationship management skills, with the ability to collaborate across business units.
• Excellent written and verbal communication skills, with experience in risk reporting and presentations, with the ability to facilitate workshops, RCSAs, and cross-functional discussions.

Preferred Qualifications

• Strong knowledge of Canadian regulatory frameworks (OSFI, Basel III, IFRS 17, etc.).
• 7+ years of experience in enterprise risk, operational risk, or governance preferably within financial services.
• Experience in risk control assessments, KRIs, operational risk event tracking, and control effectiveness testing.
• Experience in contributing to or supporting second-line function in financial institutions

What We Offer You Canada Guaranty is proudly recognized by Great Place to Work® as one of the Best Workplaces™ in Financial Services & Insurance (2024), Best Workplaces™ in Ontario (2024), Best Workplaces™ for Mental Wellness (2025), Best Workplaces™ for Women (2025), Best Workplaces™ with the Most Trusted Executive Teams (2025), and Best Workplaces™ in Canada – 100-999 Employees (2025). Join us and see why!

We offer a comprehensive total rewards package, including competitive compensation, company-matched retirement programs, health and dental coverage, flexible work options, and a friendly, inclusive, and supportive culture.

Accommodation Notice Canada Guaranty is committed to fostering an equitable, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we serve and work alongside. Candidates may request accommodation at any point during the interview process.

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