Risk Management Director


Our Finance and Lending division is responsible for ensuring that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported and managed appropriately. The team also manages IO’s infrastructure lending program, which has supported more than $15 billion in local infrastructure development.

The Risk Management Director will support the execution and development of the Enterprise Risk Management (ERM) function at IO. This will be achieved through collaboration with the Executive team and the Board to help the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.  This includes developing the standards (framework, methodologies, policy/policies, guidelines and/or procedures) for ERM for IO, and to act as a strategic risk advisor to executive and senior management, the Board, other business units on risk-related matters.

What you will do:

  • Ensure processes for risk identification, measurement, assessment, response, escalation and monitoring are executed consistently on a periodic basis in accordance with IO's current ERM policy and government Directives (e.g. Agency and Accountability Directive).
  • Lead the evolutionary development, implementation, and integration of the ERM function, framework and program across IO (i.e. risk appetite statements, and processes for assessment, response, escalation and monitoring) as per the new ERM Directive.
  • Lead IO's implementation of an ERM technology solution to better enable risk identification, assessment, aggregation and reporting.
  • Promote awareness and an understanding of ERM across the organization through appropriate channels and effective communication.
  • Coaching and mentoring within the group and externally, through team leadership and as the business lead/key point of contact for ERM within IO.

 

Who we're looking for:

  • A university degree with a professional designation (CIA, CA, CMA, CGA and CRMA and CRM), or advanced degree (MBA) combined with a minimum of 8 years of direct enterprise or business risk management experience, leading teams and managing objectives.
  • Certificate in Risk Management (CRM) or certifications in Risk Management Assurance (CRMA) is an asset.
  • Sound knowledge of risk management principles and frameworks (ISO 31000 or COSO 2013).
  • Knowledge of the public sector risk environment and risk software tools.
  • Experience in the development, implementation and maintenance of an enterprise risk management framework and comprehensive risk reporting, tailored to various audiences to communicate an organization's current and changing risk profile.
  • Experience liaising and/or presenting to executive management and/or Board level committees.

 

To be successful in this role, the incumbent will be able to build, develop and motivate staff to deliver high quality services; strong organizational skills to handle multiple competing priorities; advanced analytical and critical thinking skills with strong attention to detail to identify and resolve complex issues and challenges; sound business judgment to identify, asses and analyze inter-related problems; a client-focused attitude,  with strong interpersonal and consulting skills; excellent facilitation and influencing skills; a proven ability to present complex concepts and negotiate solutions with management and business units; excellent oral and written communication skills to prepare and present risk reports and be proficient in the Microsoft Office suite of products.

Infrastructure Ontario is an inclusive employer, we encourage applications from all qualified candidates. We will accommodate your needs under the Ontario Human Rights Code. We thank all applicants in advance for their interest; however, only those candidates selected for an interview will be contacted.

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