Senior Risk Specialist – Third Party Risk/Supplier Risk
Job Description
Description
Senior Risk Specialist – Third Party Risk/Supplier Risk
Join to apply for the Senior Risk Specialist – Third Party Risk/Supplier Risk role at Fidelity Canada
Senior Risk Specialist – Third Party Risk/Supplier Risk
Join to apply for the Senior Risk Specialist – Third Party Risk/Supplier Risk role at Fidelity Canada
Get AI-powered advice on this job and more exclusive features.
Job Description
You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.
Current work authorization for Canada is required for all openings.
Who We Are
At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services – and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.
Job Description
You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.
Current work authorization for Canada is required for all openings.
Who We Are
At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services – and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.
Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best – both personally and professionally.
What We Do
Reporting to the Manager, Risk Management, the Risk Specialist, Sr conducts ongoing monitoring/oversight, provides regular detailed reporting on the status of risk programs, consult, and provides independent challenge on control effectiveness. This role provides analysis, monitoring, and challenge to identify areas for improvement and remediation by business units to support a sound operational environment.
How You’ll Make An Impact
Program Monitoring, Oversight, and Reporting
- Effectively maintain Risk Management Programs on a day-to-day basis to identify, monitor and assess risk. Programs include but are not limited to Third Party Risk Management, Change/Project Risk Management, End User Computing, and Ad-hoc Risk Assessment.
- Ensure programs are consistently assessed; Program policy, guidelines, and internal procedures documents are kept up to date and relevant.
- Issues encountered during real-time monitoring or through formal reviews are escalated appropriately and effectively to the Manager, Risk Management.
- Ensure program reporting is kept current and distributed to key stakeholders.
- Areas for improvement and remediation are identified and consensus built on recommended solutions.
- Independently challenge the status quo in a respectful manner.
- Provide awareness and promote strong risk management practices and principles across the organization through effective communication and training to ensure risk management programs are understood.
Training and Risk Culture
- Provide awareness and promote strong risk management practices and principles across the organization through effective communication of Polices and Programs.
- Develop, maintain, and deliver effective training on risk Programs and Policies to FIC employees through a variety of mediums including online and face-to-face so that policies are understood, and that employees are equipped to recognize and escalate knowledge of material risk.
- Promotes awareness to ensure that business understand their roles and responsibilities
- Advocate for a strong risk culture and drive change
Project Risk, Policies and Procedures
- Participate in complex or highly critical projects to ensure risks are appropriately identified, assessed, and challenged.
- Define, implement, and maintain the organizational risk framework to assess project risk and complexity and drive additional risk control activities
- Ensures all stakeholders are appropriately trained on the project risk framework and requirements, risk concepts including risk identification, assessment, and action planning.
- Verifies adherence to risk framework, ensures required risk control activities are completed and operating effectively
- Consistently advocates for strong risk management principles and builds trusted relationships with all stakeholders
- Actively participates in project meetings and supports, challenges, and identifies critical/material project implementation/delivery and BAU risks
- Ensures accountability of stakeholders and actively asks questions and challenges the status quo
- Proactively questions and assesses project risks and provides effective challenge
- Evaluates identified risks in collaboration with risk owners and proposed response plans
- Participates actively in post implementation lessons learnt and continuous improvement discussions
Ad-hoc Risk Assessments
- As required, conduct ad-hoc risk assessments for high-risk processes and critical projects or business functions
- Assess new and/or changes to operational processes including process mapping, risk and control documentation and evaluation and action planning
- Provide value-add recommendations to stakeholders for operational readiness decisions
- Ensures material residual risks are identified, action plans are identified and are robust
What We’re Looking For
- Completion of a University degree or equivalent work experience
- 3+ years of relevant risk experience
- Supplier/ 3rd Party Risk Management Risk Management experience is an asset
- Change/Project Risk Management experience is a nice to have
What You Will Bring
- Ability to work in a fast-paced environment to defined deadlines
- Strong analytical skills, problem-solving ability and attention to detail
- Good communication skills, ability to engage with individuals at all levels
- Capable of assimilating complex material, and to identify and discuss complicated concepts
- Able to work on own initiative and develop practical solutions under pressure
- Good knowledge of risk management processes and procedures
- Knowledge of financial services products, processes, and industry is an asset
Some of the ways we’ll help you feel valued and supported as part of our team
- Flexible working arrangements – 100% remote, hybrid, and in office options
- Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
- Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $5000 annually for mental health services and therapy
- Parental leave top-up to 100% of your salary for a period of 25 weeks
- Up to $650 for home office equipment
- Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
- Diversity and inclusion programs, including an active network of Employee Resource Groups
- Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation
Fidelity Canada is an equal opportunity employer
Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.
Accommodation during the application process
Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at
No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.
Why Work at Fidelity?
We are proud to be recipients of the following
Awards
- Canada’s Top 100 Employers
- Greater Toronto’s Top Employers
- Canada’s Top Family-Friendly Employers
- Canada’s Top Employers for Young People
- Great Place To Work Certified
- Best Workplaces for Inclusion
- Best Workplaces for Mental Wellness
- Best Workplaces for Today’s Youth
- Best Workplaces for Women
- Best Workplaces in Financial Services & Insurance
- Best Workplaces in Ontario
- Best Workplaces with Most Trusted Executive Teams
- LinkedIn Top Companies in Canada
- Human Resource Director (HRD) – Best Place To Work
- HRD – 5-Star Benefit Program
- HRD – 5-Star Diversity & Inclusion Employer
Designations
- Canadian Compassionate Companies – Certified
- Benefits Canada’s Workplace Benefits Award – Future of Work Strategy
- TalentEgg National Recruitment Excellence Award – Special Award for Diversity & Inclusion in Recruiting
- Canadian HR Reporter’s Most Innovative HR Team
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Sales
Referrals increase your chances of interviewing at Fidelity Canada by 2x
Get notified about new Risk Specialist jobs in Toronto, Ontario, Canada .
Richmond Hill, Ontario, Canada 1 month ago
Analyst, Credit Investments, Asset Management
Toronto, Ontario, Canada
CA$110,000.00
–
CA$110,000.00
3 weeks ago
Analyst, Investment Advisory – 1 year contract
Analyst, Investment Banking, Mergers & Acquisitions, BMO Capital Markets
Toronto, Ontario, Canada
CA$60,000.00
–
CA$80,000.00
3 weeks ago
Investment Banking Analyst Intern (Diversified) – Fall 2025
Richmond Hill, Ontario, Canada 2 weeks ago
Toronto, Ontario, Canada CA$60,000 – CA$70,000 2 weeks ago
Toronto, Ontario, Canada $75,000 – $85,000 2 weeks ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Company
Fidelity Canada
Location
Toronto
Country
Canada
Salary
125.000
URL