Associate or Associate Director Operational Risk

A career as an Associate or Associate Director within National Bank’s Capital Markets Business Operational Strategy, Resilience & Risk Management team means supporting the business line in identifying, assessing, monitoring, and managing operational risk through an efficient, practical, and tailored approach that reflects the specific context of Capital Markets. 

In this role, you will use your problem-solving and influencing skills to make a positive impact across the organization.

Your Job

• Manage the transversal governance program for Capital Markets Operational Risk 
• Ensure the timely and consistent delivery of reporting, governance and oversight 
• Coordinate team deliverables, including regulatory requests and audit mandates
• Coordinate Key Risk and Control Indicators reporting 
• Operational Risk Events and Control Enhancement 
• Manage transversal investigations and related reporting, including operational risk event reviews, root-cause analyses, post-mortems, and deep dives
• Support business lines in assigning action owners, establishing timelines, and monitoring the implementation and closure of corrective measures
• Risk and Control Assessments
• Lead the planning, execution, and reporting of risk assessments, including control walkthroughs and testing, in accordance with the Bank’s operational risk taxonomy
• Contribute to risk assessments for new products and activities within Capital Markets
• Manage the continuous monitoring program and related reporting

Your Team

You will join a team of 25 colleagues within Capital Markets Operational Risk and report to the Director, Business Operational Strategy, Resilience & Risk Management.

Our team stands out for its diversity, dynamism, agility, and its knowledge of Capital Markets activities and processes that support these activities.

Our training programs use on-the-job learning to help you master your role. You can access personalized training content on such topics as banking solutions and the advisory approach to support your ongoing learning. You’ll also have access to colleagues with a wide range of expertise, experience and backgrounds to enrich all aspects of your development.

This position is based in Montreal or Toronto.

• A bachelor's or master's degree in a related field with at least 5-7 years of relevant experience (i.e., capital markets, operations, governance, risk, compliance, audit, etc.).
• Experience in Capital Markets activities, products and structures as well as the supporting systems and processes.
• Experience in operational risk management, risk assessments, and banking and/or securities regulation, including CIRO and OSFI requirements.
• Experience performing process walkthroughs and control testing.
• Proven ability to solve complex problems, with a strong focus on delivering tangible results.
• Comfortable working in a fast-paced, ambiguous, and constantly evolving environment while supporting senior and demanding stakeholders.
• Ability to communicate effectively with business leaders and senior stakeholders.