The Enterprise Risk Management (ERM) team is part of the Legal Affairs department, which includes the ERM, legal, procurement and compliance functions. The Enterprise Risk Management team identifies, classifies, measures, monitors, and reports non-investment risks to the achievement of BCI's objectives to the Enterprise Risk Management Committee (led by the Chief Operating Officer) and the BCI Board as they oversee the ERM program. ERM assists all areas of BCI in the identification and monitoring of strategic, enterprise and business unit risks to objectives. The team also directs the BCI insurance portfolio and the crisis and business continuity programs.
WHAT YOU WILL BE DOING
Accountable to the Director, Enterprise Risk Management, the Manager will lead the non-investment enterprise and operational risk management program at BCI, including the design and development of the continued evolution and maturity of the program. The ERM program includes all aspects of non-investment risk management including assessment, risk oversight and risk events.
The preferred candidate must be proactive, organized, inclusive in their communication across BCI and able to pivot to respond to risk events. The Manager plays both a delivery and leadership role within the ERM Team, with minimal direction and oversight by the Director.
THE IDEAL CANDIDATE
The Manager, ERM must have:
A minimum of 10 years experience working in a business environment with increasing levels of responsibility, at least  of which must be in ERM or equivalent.
Two years leading smaller team or project team
COSO ERM Certification combined with direct experience applying the COSO ERM standard
Two years experience with a risk management, Governance Risk and Compliance or related software
Experience in organizational planning, enterprise risk process and risk programs
Experience and knowledge of risk and project management methodologies, tools and techniques
Demonstrated ability to develop trusted collaborative working relationships across multiple stakeholders
Demonstrated and superior written and oral communication skills
Strong knowledge and application of MS Word, Excel, PowerPoint, Visio
The following qualifications will be highly regarded:
CPA and or professional audit designation or MBA
CRM (Canadian Risk Manager Designation)
CFE (Certified Fraud Examiner)
Strong knowledge and background in the implementation of standards in Center for Internet Security, Basel III, COBIT, COSO internal controls, Certified Fraud Examiners
Risk management, process, and control assessment, change management expertise obtained in the financial services industry
Experience with or direct training with Internal Audit
Information Security standards experience
Develop corporate risk and control self assessments (CRSA), risk appetite and tolerance consistent with the COSO ERM standard
Facilitate, capture, assess and report on department and project CRSAs
Develop and maintain enterprise risk taxonomy
Grow and maintain strong working relationships internally as well as with advisors, subject-matter experts, pension peers, and other external stakeholders
Develop and implement methods for risk identification and monitoring and communicate risk management strategy throughout the organization
Coordinate and assist in the development of key risk indicators, including data gathering capabilities and analysis
Assist Director in the development and roll out the development of risk related policies, procedures, and standards
Ensure consistent application of non-investment risk management methodologies and tools across BCI
Responsible for operational loss identification, definition, assessment, analysis, mitigation, and reporting
Maintain the operational loss database and reporting framework; analyze, report, track and follow up on operational risk losses
Aggregate and report on operational risk trends
Support operations with loss reviews and execute value-add control recommendations and follow up
Work closely with business units, project managers and senior leadership in identifying, assessing, mitigating, and monitoring risks to their objectives
Align second line of defense functions
Assists ERM program with Crisis and Business Continuity Management
Analyse risk mitigation activities of the Legal Department and ERM branch
Provide risk leadership and support for the BCI Insurance program
Internal Number: SM20210201-01422
About BC Investment Management Corporation (BCI)
British Columbia Investment Management Corporation (BCI) is one of the largest asset managers in Canada. With $171.3 billion of managed assets, BCI invests globally on behalf of public sector clients. We do fulfilling and meaningful work that makes a difference: 630,000 pension plan beneficiaries and 2.5 million British Columbian workers depend on our clients’ returns. Ensuring their continued financial security is important to us.
The people who work at BCI are committed, passionate, and approachable. They aim for continuous improvement and share BCI’s core values of clients first, performance focused, world class, accountability, transparency, and integrity.
BCI is focused on building a culture of excellence through our people practices and employee led initiatives. Being named one of Canada’s Top 100 Employers, Canada’s Top Family-Friendly Employers and BC’s Top Employers is recognition of BCI’s ongoing effort to be a progressive workplace of choice that continues to attract, retain and promote talent professionals. As an active in-house asset manager, BCI depends on the specialized skills and expertise of its people to successfully execute its world-class investment s...trategies and fulfill client needs.
BCI offers an exceptional opportunity to work at a world-class organization while living in a west coast setting. We are expanding our team and our skill base to equip BCI for the future.