Senior advisor, Capital monitoring and adequacy

As a Senior Advisor, Capital Monitoring and Adequacy, you play a strategic role within the Risk Management Executive Division. You actively contribute to the evolution and strength of the risk appetite framework, as well as Desjardins Group’s capital monitoring and adequacy activities and those of its subsidiaries. You work on complex, cross-functional files with a high strategic impact, acting as an influential leader, expert advisor and business partner with multiple key players, including senior management and decision-making bodies. Your ability to analyze and synthesize information, your attention to detail, your political savvy, your ability to influence without formal authority and your broad understanding of integrated risk management are key strengths for success in this role. More specifically, you will be required to:

• Contribute to the evolution of the risk appetite framework in collaboration with key players, ensure alignment with strategy and management processes, make strategic recommendations and support decision-making bodies in applying it

• Carry out independent monitoring of capital management practices across Desjardins Group and its subsidiaries, particularly related to major transactions, target capital structure, the capital plan and internal control mechanisms related to producing regulatory ratios

• Perform analyses on capital allocation, optimization and use to ensure capital adequately supports strategy and decision-making

• Contribute to the development of internal capital adequacy assessment frameworks and programs (ICAAP), with a focus on robustness, compliance and best practices

• Participate in strategic work related to Desjardins Group’s and its subsidiaries’ recovery and resolution plans, supporting the organization’s robustness and financial resilience

• Contribute to integrated risk analyses related to new initiatives, development projects and key transactions, and make well-informed recommendations on whether to proceed, in line with risk appetite and capital impacts

• Represent your unit on multidisciplinary committees and governance bodies, including senior management committees, and act as a reference and coach in your area of expertise

• Conduct regulatory and market monitoring to anticipate developments in risk management and capitalization and assess their impacts on the organization

What we offer*

• Competitive salary and annual bonus

• 4 weeks of flexible vacation starting in the first year

• Defined benefit pension plan that provides predictable, stable income throughout retirement

• Group insurance including telemedicine

• Reimbursement of health and wellness expenses and telework equipment

* Benefits apply based on eligibility criteria.

#LI-Hybrid

What you bring to the table

• Bachelor’s degree in actuarial science, finance, administration or another related field

• A minimum of eight years of relevant experience in risk management, ideally in the financial sector

• Please note that other combinations of qualifications and relevant experience may be considered

• Experience working in a complex environment, managing multiple files at the same time and meeting tight deadlines

• Knowledge of French is required

• Expertise in integrated risk management, including risk appetite frameworks and capital adequacy

• Strong written and verbal communication skills, including drafting and presenting at the executive level

• Knowledge of regulatory frameworks applicable to financial institutions in Quebec and Canada as a whole

Trade Union (If applicable)

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

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