Company: CGL
Department: Enterprise Risk Management
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care about you, our clients and our communities.

Reporting to the AVP, Enterprise Risk Management and Corporate Reinsurance, this role leads Risk Reporting and Governance. This includes translating regulatory expectations into clear and effective enterprise risk frameworks and policies and ensuring these are embedded across the organization. The role delivers accurate and timely reporting for the Board, senior leaders and internal and external partners. It integrates enterprise risk considerations into strategic planning and major initiatives and advances work related to Strategic Risk, Climate Risk, Subsidiary Risk and P&C Insurance Risk. The role also prepares ad hoc risk presentations for senior management and the Board.

How you will create impact:

• Develop Board level risk reporting materials and contribute to ERM content in public reports including Climate, MD&A and the Annual Report.
• Drive improvements in risk monitoring and reporting through process optimization, automation, analytics and enhanced dashboarding.
• Develop and maintain enterprise-wide risk policies and frameworks and collaborate with business partners to embed risk considerations into strategy, innovation and major initiatives.
• Monitor emerging risks and regulatory developments to advise on mitigation strategies and enterprise impacts.
• Oversee subsidiary risk reporting integration and support strategic risk exercises with the CRO, AVP and senior executives.
• Support cross enterprise collaboration including ORSA, stress testing and work with Governance, Strategy, Compliance, Finance, P&C Product and Pricing and Sustainability.
• Provide leadership to the team by setting clear expectations, developing talent, fostering a high-performance culture and ensuring alignment with organizational goals.

How you will succeed:

• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on stakeholder needs.
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
• You have strong communication skills to clearly convey messages and explore diverse points of view.
• You build trusting relationships and provide guidance to support the development of colleagues.

To join our team:

• Bachelor’s degree in a relevant field, with a graduate degree and CRM or FCIP considered strong assets.
• 10 or more years of experience in risk management within financial services, preferably P&C insurance.
• Strong knowledge of risk frameworks, OSFI requirements, and enterprise risk processes with experience reporting to senior executives or Boards.
• Advanced analytical, research and writing skills, with the ability to produce clear risk insights and use AI and BI tools to enhance analysis.
• Proven ability to lead people, collaborate across functions, manage complex projects, and influence stakeholders at all levels.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
• Extended work hours may be required.
• You will work in a hybrid model with a minimum of 2 days per week in the office.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Expected salary/hourly range $114,021 - $164,000+

The salary amount for the successful candidate is determined by Sovereign in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.