Senior Manager, ICAAP
As Senior Manager, ICAAP & Enterprise Risk, you will act as a strategic leader, responsible for developing, implementing, and enhancing core risk management components within the ICAAP framework in accordance with OSFI Guideline E-19. You will have a direct impact on the organization through your expertise in risk management, capital planning, and governance.

Key Responsibilities

• Lead the design and execution of risk identification and assessment processes to support ICAAP, ensuring alignment with OSFI expectations and the Bank’s risk management principles.
• Coordinate with capital management, stress testing, modelling, Internal Audit, and core risk functions to integrate risk assessments into the ICAAP, capital plans and stress testing scenarios.
• Ensure the ICAAP framework covers all material risks, including operational and non-regulatory risks.
• Draft and update ICAAP documentation, including risk assessments and governance structures, to meet OSFI and internal requirements.
• Present ICAAP results and recommendations to senior management and the Board, highlighting material risks and risk appetite considerations.
• Guide the evolution of the enterprise risk register and emerging risk identification processes, integrating these into ICAAP.
• Be the risk lead on the Bank’s three-year project plan to enhance its ICAAP.

Team Structure

• Lead two new team members dedicated to ICAAP enhancement.
• Team focus is on risk appetite and risk reporting, with a vision to integrate processes, cross-train, and leverage opportunities to work across adjacent risk functions.

What You’ll Bring

• Bachelor’s degree in Management, Finance, or related field.
• Advanced diploma or certification in risk management is an asset.
• 7–10 years in risk management or regulatory compliance in the financial sector.
• Proven ICAAP experience in the financial industry (banking or insurance).
• Experience in other banks or financial institutions is highly valued.
• Proficiency in ICAAP principles, OSFI Guideline E-19, and strategic risk management frameworks.
• Leadership and stakeholder engagement.
• Mastery of governance, documentation, and regulatory reporting.
• Ability to influence and collaborate with multidisciplinary teams.
• Analytical and innovative mindset.
• Diligence and attention to detail.
• Caring leadership and talent development.
• Advanced proficiency in risk management systems, data analysis tools, and MS Office suite.

Success Factors

• Demonstrated ability to drive ICAAP improvements and regulatory compliance.
• Strong reporting and communication skills.
• Ability to leverage industry best practices and benchmark against peers.

Why Join Us?

• High Executive Visibility: ICAAP is a top priority for senior leaders, offering great potential for exposure and influence.
• Impact Across Risk Domains: Opportunity to understand and shape internal capital strategies across every area of risk, working directly with senior management.
• Professional Growth: Flexible work environment, strong commitment to development, and access to industry-leading resources.
• Team Diversity: We value complementary skills and diverse perspectives to strengthen our team dynamic