Senior Manager, Risk Management

Sofina Foods Inc•Markham, ON

6d•CA$95,800 - CA$145,800

About The Position

The Senior Manager, 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 Director - Risk Management / 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 7 to 10 years of 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 products and organizational ethics, integrity and compliance.
Demonstrated decision making and problem solving skills in a team environment.

Responsibilities

Research, develop and oversee implementation of appropriate risk identification and measurement methodologies in line with best practices.
Develop and oversee implementation of risk compliance policies, processes, procedures and interventions that are adequate to meet the needs of 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 on a day-to-day as well as long-term basis.
Oversee Business Continuity programs.
Coordinate and submit, as necessary, the gathering of insurance policy renewal data.
Maximize protection and cost-effective risk transfer mechanisms (i.e., insurance and other forms of risk transfer).
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.
Investigate, resolve, and respond to all property, liability and other claims providing timely notification of claims to insurance carriers.
Develop and communicate plans to address potential loss events.
Work with the company’s insurance brokers to respond to requests for certificates of insurance and claims history documents.
Integrate the organization’s compliance and risk management strategies to minimize the total cost of risk, including insurance.
Complete analysis of appropriate risk transfer options including insurance.
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.
Conduct or assist in completing investigative fieldwork.
Assist in providing the ELT and/or the Board of Directors with reports outlining results of risk assessment audits related to all Sofina functions and recommend corrective actions.