Consultant, Operational Risk Management

Vancity • Vancouver, BC

22h • CA$86,400 - CA$116,800 • Hybrid

About The Position

As a Consultant, Operational Risk Management, you will play a key role in strengthening Vancity’s operational resilience by designing, implementing, and sustaining enterprise-wide operational risk and third-party risk management frameworks. This role provides independent second line oversight and challenge, with direct impact on safeguarding our members, supporting regulatory compliance, and promoting a strong risk-aware culture across the organization. We are seeking a risk professional with strong regulatory expertise, strong analytical skills, and a collaborative approach to influence sound risk practices across the business. This is a Full-time, Permanent role based at our Vancity head office. While this position provides a hybrid work arrangement, you will be expected to be on-site for events and business demands.

Requirements

• 5+ years of experience in operational risk management, ERM or TPRM, preferably within financial services.
• A post-secondary degree in business, finance, risk management, or related discipline.
• Strong knowledge of OSFI (E-21 and B-10) and BCFSA expectations.
• Hands-on experience with RCSA, KRIs, loss data, issues management, and resilience tools.
• Experience developing risk assessments, risk indicators, and Board-level reporting.
• Proven ability to collaborate effectively with stakeholders across diverse business functions.
• Ability to produce Board-level reporting and insights.
• Strong stakeholder management with the ability to provide constructive challenge.

Nice To Haves

• Professional risk designation such as CRM, CRMP, or equivalent
• Experience working within a financial institution or regulated environment
• Experience with second-line frameworks and oversight activities

Responsibilities

• Design and enhance the Operational Risk Management and Resilience Framework including policies, procedures, and tools.
• Implement and sustain the Third-Party Risk Management Framework, including: Review and challenge criticality and risk triage (CRT) assessments, Oversight of third-party risk assessments and due diligence, Ongoing monitoring, issue identification, and escalation of third-party risks.
• Design and implement the RCSA program; oversee and sustain KRIs, loss events, issues management, and scenario analysis.
• Provide independent second line oversight and challenge of first line practices across operational risk, resilience and third-party risk.
• Translate OSFI and BCFSA requirements into practical frameworks, policies, and guidance.
• Support critical operations mapping and resilience activities, including scenario testing.
• Monitor risk trends and control weaknesses, escalating material issues to senior management and committees.
• Deliver clear risk reporting to senior leadership and Board/Board committees.
• Partner with business units to embed sound risk practices while maintaining independence.
• Promote a strong risk culture and accountable decision-making.

Benefits

• Competitive rewards and benefits
• Flexible benefit packages that can be tailored annually to meet evolving needs.
• 3-4 weeks of vacation per year, with additional days earned over time.
• 2 extra days off in addition to BC’s 11 statutory holidays, plus care days for personal or family illness.
• Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level