Director, Risk Management

Sofina Foods Inc•Markham, ON

2d•CA$120,100 - CA$170,100

About The Position

The Director, Risk Management recommends appropriate external regulatory and compliance frameworks and translates them into meaningful compliance practices at Sofina to identify and mitigate enterprise-wide risks in operational, environmental, financial and informational business areas. With the oversight of the SVP Treasury & Tax, develops and oversees implementation of approved risk mitigation strategies, policies and procedures, and promotes appropriate governance, risk and compliance behaviour and culture across the organization. The responsibilities will include conducting risk assessments, presenting risk assessment reports, offering and implementing measures and policies aimed at managing risk, and reviewing current risk management policies.

Requirements

Bachelor’s degree in business, Legal, Finance, Accounting, or Risk Management required.
Certified Risk Manager (CRM) designation.
Minimum of seven to 10 years relevant post-designation experience in risk management and insurance.
Excellent analytical, problem solving, interpersonal, and communication skills.
In-depth knowledge of operational, financial, and informational risk practices and standards.
Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision.
High level of commitment to quality work product and organizational ethics, integrity, and compliance.
Demonstrated decision making and problem-solving skills in a team environment.
Travel within Canada and globally (approximately 7 weeks in the calendar year) will be required.

Nice To Haves

French language skills are a benefit.

Responsibilities

Research, develop and oversee implementation of appropriate risk identification and measurement methodologies in line with best practices, seeking input from appropriate internal functions.
Develop and oversee implementation of risk compliance policies, processes, procedures and interventions that are adequate to meet the needs of the organization and ensure they are followed throughout the organization.
Promote and encourage appropriate risk management and compliance behaviours and culture across the organization by effective communication and dissemination of governance risk and compliance policies, processes, and procedures.
Monitor and analyze the organization's risk exposure and appetite on a day-to-day as well as long-term basis, and act promptly upon risk information gathered across the organization.
Coordinate the gathering and analyzing physical property and risk information to support the establishment and maintenance of the schedule of total insured values and other insurance policy renewal data and submit to insurers.
Investigate, resolve, and respond to all property, liability and other claims, providing timely notification of claims to insurance carriers.
Define risk management training gaps and needs, and partner with site managers, QA Engineering and Maintenance to reinforce risk management goals and standards through training programs.
Develop and communicate plans to address potential loss events and assist in the design and implementation of crisis response, business continuity and emergency response plans.
Work with the company’s insurance brokers to respond to requests for certificates of insurance and claims history documents.
Manage the work of the Manager, Risk Management.
Integrate the organization’s compliance and risk management strategies to minimize the total cost of risk, including insurance, and complete analysis of appropriate risk transfer options.
Engage third party risk assessment providers (when required) to ensure adequacy, accuracy and effectiveness of investigations, compliance with corporate policies, procedures, and regulatory requirements, and safeguarding of corporate and customer assets.
Assist in providing the ELT and/or the Board of Directors with reports outlining results of risk assessment audits and recommend corrective actions.
Support senior leadership and manage the company’s risk and insurance matters related to due diligence requirements associated with mergers, acquisitions, divestitures, and other strategic initiatives.