Risk Specialist Sr FCC

Job title:

Risk Specialist Sr FCC

Company

Fidelity Investments

Job description

Job DescriptionAbout Us:Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and registered Portfolio Managers.Role Overview:Reporting to the Manager, Risk Management, the Risk Specialist Sr will act as a 2nd line of defense (2LOD), ensuring Fidelity’s operational risk and control frameworks, policies, standards and procedures are understood and used effectively to manage operational risk. This includes working collaboratively with all lines of businesses and divisions to identify, measure, monitor and mitigate operational risk.The Risk Specialist, Sr. promotes a positive risk management culture within FCC while acting as a contact/escalation point between risk management, the business and various stakeholders. This role will require presentation and reporting to the Senior Management Team (SMT) as well as the FCC Risk Committee.What You Will Do:

• Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated
• Assist with the management and/or administration of existing enterprise risk management programs and implementation of new programs. Programs include but are not limited to, Risk and Control Self Assessments (“RCSA”), Risk Event Management, Risk Appetite, Model Risk, End User Computing (“EUC”) oversight and Risk Register.
• Supports business in the development of risk profiles, risk appetite, and supporting key risk metrics.
• Lead the development of new risk programs, stay informed on risk management best practices and principles, and drive enhancements to current programs.
• Provides analysis, monitoring, and challenge to identify areas for improvement and remediation by business units in order to support a sound operational environment
• Supports the execution of strategic initiatives in collaboration with internal stakeholders, evaluates new operating models and internal controls
• Consults and supports incident and error assessments to ensure a robust control environment, provides action plan review and recommendations to enhance the effectiveness of internal controls
• Communicate assessment results, gaps and recommendations, improvement opportunities and action plans to management on a regular basis.
• Foster a strong risk culture within the organization, working closely with business unit leaders and senior management
• Ensure continuous improvement of risk programs, processes, and policies.
• Perform reviews of prospective clients and external counterparties as required. This includes products and services reviews with financial impact
• Provide subject matter expertise of enterprise risk management for new products and services, staff training.

What We’re Looking For:

• Minimum of 3 years of related experience within the financial services industry preferably in risk management, compliance or audit in the financial services industry.
• Minimum 4 year bachelor degree or equivalent work experience
• Operational or Financial Risk Designation, CSC and CPH preferred

Expertise Your Bring:

• Strong communication and presentation skills as well as effective interpersonal and collaborative skills.
• Ability to take initiative, work independently and handle multiple tasks.
• Strong knowledge of capital markets and industry regulations.
• Understanding of the clearing business and knowledge of operational functions and processes.
• Sound knowledge of risk management processes, tools and techniques for assessing and controlling an organization’s exposure to risks.
• Ability to build relationships across the organization to deliver results.
• Highly capable to influence internal stakeholder functional groups to adopt new practices or revise existing practices

Fidelity Canada is an equal opportunity employerFidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.Accommodation during the application processFidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at .No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.Why Work at Fidelity?We are proud to be recipients of the following:AwardsCanada’s Top 100 Employers
o Greater Toronto’s Top Employers
o Canada’s Top Family-Friendly Employers
o Canada’s Top Employers for Young PeopleGreat Place To Work™ CertifiedBest Workplaces for InclusionBest Workplaces for Mental Wellness Best Workplaces for Today’s YouthBest Workplaces for WomenBest Workplaces in Financial Services & InsuranceBest Workplaces in OntarioBest Workplaces with Most Trusted Executive TeamsHuman Resource Director (HRD) – Best Place To Work
o HRD – 5-Star Benefit Program
o HRD – 5-Star Diversity & Inclusion Employer

• Canadian Compassionate Companies – Certified
• Benefits Canada’s Workplace Benefits Award – Future of Work Strategy
• TalentEgg National Recruitment Excellence Award – Special Award for Diversity & Inclusion in Recruiting

Designations

• A Canadian Compassionate Company
• Great Place to Work (Dec 2022 – Nov 2023)
• Best Workplaces for Women 2023 by Great Place to Work

Expected salary

Location

Toronto, ON

Job date

Wed, 10 Apr 2024 05:18:57 GMT

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