AVP of Fraud Risk - Governance, Policy and Reporting
$160,000–$200,000 year
On-siteToronto, Ontario, Canada
Job Summary
Own, manage, and evolve the Fraud, Insider, and Conduct Risk Frameworks, Policies, and Standards to establish consistent controls aligned with regulatory expectations and risk appetite. Lead governance committees, oversee ORM program design and execution, and centralize the initial review of emerging risks while serving as the primary contact for CRA's and NBPA's. Drive regulatory compliance management, maintain team controls and RCSAs, and build effective relationships with business partners to align risk strategy with organizational objectives. Support internal and external audits, report risk issues and breaches to executive management, and present trends to the board and regulators. Foster a culture of integrity and accountability for fraud risk management across the enterprise.
Required Qualifications
- 4-year degree or equivalent experience
- 15+ years related experience
- deep subject matter expertise in Insider, Fraud and Conduct Risk Management and Banking
- technical knowledge of fraud, insider and conduct risk threats, risks and controls
- experience in the Banking industry (across the customer lifecycle from account opening, financial and non-financial transactions, fraud controls and case managers, and suspicious activity reporting)
- Ability to attract, inspire, coach, train and lead
- Strong knowledge of banking regulations and industry standards (e.g., OSFI, OCC, FRB, FDIC)
- Excellent leadership, project management and stakeholder communication skills
- Strategic mindset with the ability to execute tactically
- High integrity, sound judgement, discretion and a strong sense of accountability
- Strong attention to detail with the ability to recognize and react to discrepancies
- Strong relationship building skills and the ability to develop and maintain relationships at all levels of management throughout the organization
- Excellent written and verbal communications skills
- ability to engage effectively with senior stakeholders
- ability to develop business communications calling for specific action
- Effective presentation skills
- ability to present to regulators, executive management, and senior executive tables
- Skillful communicator and influencer to build and maintain strong relationships with both internal and external stakeholders
- ability to influence
- Strong ability to analyze information and business situations
- ability to collaborate with business partners on overall corporate direction
- Strong analytical skills with the ability to synthesize information across disciplines and functions
- Ability to deal with ambiguity
- ability to facilitate and support change
- Highly motivated with a track record of successfully developing and implementing large scale programs with superior results
- ability to manage effectively in a highly matrixed environment
- Ability to effectively challenge business leaders while providing value added guidance
- Ability to work with a pool of experts
- Ability to ensure high levels of service even when the effort crosses organizational boundaries
- Possesses and operates with a strong Control/Risk Management mindset
- Ability to thrive in an ambiguous and fast-paced environment
- Ability to manage multiple deadlines and priorities
- Ability to work collaboratively with others to innovate and simplify
Desired Qualifications
- post graduate degree
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.