Director, Emerging Risk & Risk Intelligence

Beem Credit Union • Kelowna, BC

9h • CA$141,400 - CA$176,800 • Hybrid

About The Position

Reporting to the Chief Risk Officer, the Director, Emerging Risk & Risk Intelligence is accountable for institutionalizing the credit union’s forward-looking risk capability and embedding risk intelligence directly into enterprise strategy. This role ensures the organization anticipates structural shifts in the external environment and translates those shifts into clear strategic implications and actionable decisions. The Director identifies weak signals, disruptive forces, regulatory inflection points, macroeconomic changes, technological acceleration, demographic transitions, and competitive transformation that could materially alter the credit union’s long-term business model, financial resilience, and strategic positioning. The primary mandate of this role is to ensure that enterprise strategy is tested, informed, and strengthened by forward-looking risk insight — enabling the credit union to act proactively, allocate capital wisely, build resilience, and innovate responsibly. This role is open to a hybrid work arrangement in the Lower Mainland or Kelowna region of British Columbia. While we will accept applications from elsewhere in Canada, we anticipate filling this role with a candidate located in British Columbia.

Requirements

• Bachelor’s degree in Economics, Finance, Risk Management, Data Science, Public Policy, or related field; a Master’s degree or professional designation (CFA, FRM, CRM) is an asset.
• 10+ years of experience in risk management, strategy, analytics, or related fields within financial services.
• Expertise in stress testing, scenario analysis, macroeconomic analysis, or emerging risk identification.
• Strong capability in change management and a forward‑looking perspective suited to a modern, innovative financial institution.
• Experience with automation tools, advanced analytics, or data science methodologies is highly beneficial.
• Ability to synthesize complex trends and communicate insights clearly to executives and the Board.
• Strong relationship‑building skills with proven ability to influence cross‑functional leaders.
• Demonstrated ability to lead strategic initiatives and drive adoption of new tools, processes, or intelligence frameworks.
• Equivalent combination of the above may be appropriate

Nice To Haves

• Master’s degree or professional designation (CFA, FRM, CRM) is an asset.

Responsibilities

• Serve as the primary risk partner to the Strategy function and Executive Leadership Team during annual and multi-year strategic planning cycles.
• Identify and challenge core strategic assumptions underpinning growth plans, capital allocation, funding strategy, digital investments, and product expansion.
• Develop forward-looking risk intelligence that informs enterprise strategy refreshes, capital planning, liquidity positioning, technology investment decisions, and risk appetite calibration.
• Integrate external market, geopolitical, and industry uncertainties into core strategic planning processes, ensuring they proactively shape executive decision‑making rather than being considered retrospectively.
• Present strategic enterprise-wide risk insights and scenario implications to Executive Leadership and the Board to support informed debate and disciplined risk-taking.
• Lead, design and implement a formal Emerging Risk & Risk Intelligence framework, including governance structures, methodologies, reporting standards, and escalation protocols.
• Establish structured horizon scanning and signal detection capabilities across macroeconomic, geopolitical, technological, environmental, regulatory, demographic, and competitive domains.
• Distinguish cyclical volatility from structural transformation and elevate only risks with material long-term enterprise impact.
• Produce periodic emerging risk briefings, thematic deep dives, and forward-looking intelligence reports for senior and Executive leadership and governance forums.
• Lead the design of forward-looking enterprise scenarios that test the durability of the credit union’s strategy and business model.
• Partner closely with the Director, Financial Risk & Modelling, Finance, Treasury, Strategy, and other business unit senior leadership, to translate scenarios into quantified impacts on capital, liquidity, earnings, and balance sheet resilience.
• Lead and oversee development and advancement of the stress‑testing framework beyond regulatory compliance to evaluate strategic resilience and business model viability under a range of adverse scenarios.
• Lead cross‑functional scenario‑planning workshops that evaluate the broader organizational ripple effects of external disruption.
• Translate scenario outputs into enterprise-wide executive decision frameworks, highlighting strategic vulnerabilities, required management actions, risk appetite implications, capital and liquidity trade-offs.
• Embed analytical outputs into enterprise strategic planning, capital planning and resource allocation processes to ensure data‑driven, forward‑looking decision‑making across the organization.
• Develop and maintain enterprise early-warning indicators (EWIs) aligned to strategic assumptions and risk appetite.
• Build forward-looking dashboards and intelligence tools that detect inflection points before risks fully materialize.
• Integrate leading indicators into enterprise reporting, enabling proactive executive action.
• Establish feedback loops that continuously refine indicators based on market developments and internal performance trends.
• Provide strategic partnerships with Strategy, Product, Innovation, and Business Line leaders to evaluate emerging risks associated with current and future products, new initiatives, digital transformation, and growth strategies.
• Oversee pre-mortems, future-state risk assessments, and scenario-based evaluations of the organization’s most material strategic initiatives, leading alignment with enterprise objectives and risk appetite.
• Surface unintended consequences, structural vulnerabilities, and long-term resilience gaps in new ventures to inform long term sustainability and executive decision making.
• Champion innovation initiatives with a proactive, forward‑looking risk lens to embed resilience, sustainability into enterprise-wide innovation and transformation efforts.
• Provide strategic partnerships with Strategy, Product, Innovation, and Business Line leaders to assess emerging enterprise risks tied to new products, digital transformation, and long‑term growth priorities.
• Modernize risk intelligence through automation, advanced analytics, and AI/ML-enabled tools.
• Implement and oversee scenario engines and predictive analytics to enhance risk detection and strategic insight generation.
• Strengthen the organization’s ability to operate with dynamic, data-driven foresight rather than static, retrospective reporting.
• Support the broader evolution of the organizations risk function toward a digitally enabled, insight-driven capability.
• Partner with Financial Risk, Operational Risk, ERM, Finance, and Strategy to ensure emerging risk insights are integrated into enterprise risk aggregation and reporting.
• Elevate the quality of forward-looking risk dialogue in governance forums, including ALCO, Risk Committee, and Board discussions.
• Provide independent and constructive challenge where emerging risks call into question prevailing strategic assumptions.
• Maintain strong collaborative relationships with external agencies, regulators, and industry partners to remain informed of emerging trends and expectations.
• Foster a culture of curiosity, disciplined thinking, intellectual rigor, and constructive challenge.
• Develop enterprise literacy around emerging risks through executive briefings, workshops, and education sessions.
• Institutionalize foresight processes so that capability is embedded within the organization rather than dependent on individuals.

Benefits

• Annual salary range of $141,400 - $176,800, with pay based on your skills and experience, and performance bonuses tied to shared goals
• Extended health coverage (including mental health support), dental care, and disability coverage
• Vacation and personal days to rest, recharge, and manage life outside of work
• Generous RRSP contributions, in-house financial advice, and flexible options to add your own contributions
• Free banking accounts, special mortgage and lending rates, and preferred financial perks

What This Job Offers

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