Risk Manager - Policy, Frameworks and Reporting (Calgary) …, Alberta

This hybrid position requires 1–2 days on site per week and involves drafting, revising, and maintaining operational risk and compliance policies and frameworks in alignment with regulatory requirements and the bank’s risk appetite. The role also supports risk reporting for the Second Line operational risk and compliance function, including KRI monitoring and the preparation of committee and senior leadership reporting. Accountabilities Policy & Framework Development and Maintenance Lead the end‑to‑end lifecycle of Second Line operational risk and compliance policies and frameworks—drafting, review, approval coordination, publication, and scheduled refresh. Translate regulatory requirements and internal risk appetite into clear, well‑structured policy and framework documentation that accurately reflects Second Line expectations and serves as a reliable reference for the enterprise. Maintain a structured and disciplined review cycle, ensuring policies and frameworks remain current with changes to regulatory guidance, organizational structure, and the evolving risk environment. Identify gaps or inconsistencies in existing policy and framework documentation and raise these to senior team members with proposed updates or revisions. Liaise with risk domain leads across the Second Line function to gather input and ensure policies accurately reflect program design and risk management intent. Risk Reporting & KRI Monitoring Lead the preparation of risk reporting materials in support of Second Line committee reporting cycles, including quarterly and annual reporting, synthesizing risk data into explicit and accurate summaries for senior audiences. Monitor Key Risk Indicators (KRIs) across the operational risk and compliance risk profiles, identifying and escalating potential appetite breaches or emerging shifts in the risk profile to senior team members. Support the consolidation and reporting of risk incidents and loss events, ensuring findings are accurately captured and reflected in reporting materials. Contribute to the development of high‑quality briefing materials for Risk Committees and Executive Leadership, working under the direction of senior leaders to ensure accuracy, completeness, and appropriate framing. Oversight Support and Risk Advisory Support Second Line oversight and challenge of risk management programs, helping to identify gaps in alignment between business practices and the risk framework. Assist in distilling issues, incidents, and findings into clear summaries and draft recommendations for review and sign‑off by senior team members. Serve as a knowledgeable resource for business units seeking to interpret operational and compliance risk policies/frameworks or understand how applicable requirements apply to their activities. Accountabilities Collaboration, Education & Awareness Build and maintain effective working relationships across the Second Line function and with First Line partners to support consistent understanding and application of risk policies and frameworks. Partner with colleagues across technology, cyber, third‑party, and compliance risk teams to ensure a coordinated and consistent approach to policy development and maintenance. Support education and awareness activities when policies or frameworks are introduced or updated—preparing communications and materials that help business leaders and team members understand policy requirements and their intent. Serve as a knowledgeable point of contact for questions about policy content and scope, escalating interpretation questions or boundary issues to senior team members as appropriate. Continuous Improvement and Knowledge Development Stay current on OSFI, BCBS, and industry developments related to operational risk management, using this knowledge to inform policy and framework updates. Participate in internal and external training and seminars to maintain an up‑to‑date understanding of operational risk assessment techniques, tools, and regulatory requirements. Share knowledge and support capability development within the Operational Risk and Compliance teams, serving as a resource for junior team members on policy and reporting matters. Skills, Experience & Requirements Distinctive Skills Risk policy and framework development—drafting, lifecycle management, and regulatory translation. Risk reporting—KRI monitoring, committee reporting, data synthesis and presentation. Operational risk and compliance management practices across a financial institution’s Second Line function. Strong written communication skills—ability to produce clear, well‑structured policy documents and reporting materials for a range of audiences. Stakeholder engagement and advisory—able to build relationships and communicate risk requirements credibly across business lines. Working knowledge of OSFI guidelines and BCBS standards related to operational risk and compliance; familiarity with cyber, technology, and third‑party risk frameworks considered an asset. Experience 5 or more years of progressive experience in operational risk management, compliance, risk governance, or a related Second Line discipline within a financial institution. Demonstrated experience in policy or framework development, risk reporting, or risk governance program support. Proven ability to manage multiple workstreams, meet reporting deadlines, and produce consistently high‑quality outputs with minimal supervision. Accreditation Bachelor’s degree in Business Administration, Commerce, Economics, or other related field. Advanced knowledge and experience in operational risk management, operational resilience, and business continuity leadership. Proven ability to support enterprise‑wide risk and resilience programs and engage collaboratively with team members and leaders with influence and credibility. We encourage applicants from all work backgrounds, equity‑seeking communities, and experience levels to apply. #J-18808-Ljbffr Apply on Kit Job: kitjob.ca/job/2pl962