Senior Manager

  • 35707
  • Life - Other
  • |
  • Ontario, Canada
  • |
  • Aug 28, 2019
  • |
  • Billingual (English & French)
Other
RESPONSIBILITIES
  • Leading and mentoring a team of professional modellers and data scientists.
  • Designing, implementing and managing the planning, conduct and reporting of Company's enterprise-wide Stress Testing and ORSA activities in line with financial industry best practices and evolving regulatory requirements and expectations.
  • Ensuring the adequacy of company's capital levels relative to company’s projected risk and solvency position by recommending internal capital targets to senior management.
  • Identifying and calculating all underlying risk exposures throughout the company.
  • Developing frameworks and models to quantify and measure aggregated risk exposure, which will support capital adequacy assessments and stress testing processes.
  • Ensuring that the company has a sustainable action plan and adequate capital resources over its planning horizon including periods of economic downturn.
  • Maintenance and enhancement of Economic Capital and Stress Testing model inventory.
QUALIFICATIONS
  • University degree in Business, Finance, Commerce, Actuarial, or a related program with a minimum 8 years’ work experience in related area OR an equivalent combination of education and relevant experience.
  • Professional Accounting Designation would be considered an asset.
  • Exceptional writing and verbal communication skills.
  • A minimum of three years’ experience leading a team.
  • A minimum of three years’ experience in investment and financial modelling.
  • Demonstrated experience with an enterprise-wide stress testing program.
  • Demonstrated experience developing and implementing ORSA.
  • Demonstrated experience in banking, capital markets, and/or insurance, with practical knowledge in mortgage valuation, retail lending, mortgage insurance and/or securitization.
  • Knowledge of macroeconomic environment and regulatory requirements/trends, regulatory capital requirements, economic capital modeling, and actuarial principles.
  • Knowledge of Risk Management practices, and a broad understanding of capital markets and the economic environment.