Operational Risk Analysis Manager in Vancouver, BC

Operational Risk Analysis Manager Job Description

An Operational Risk Analysis Manager is a critical leader responsible for developing, implementing, and overseeing an organization's operational risk management framework. This role involves identifying, assessing, mitigating, and monitoring operational risks across various departments and processes. The Manager provides strategic guidance on risk exposures, ensures compliance with internal policies and external regulations, and fosters a strong risk culture. This position demands deep expertise in operational processes, strong analytical skills, exceptional communication, and proven leadership. Typically, 7-10 years of progressive experience in risk management, internal audit, or operations within the financial services or a regulated industry, with a few years in a leadership role, is required. Relevant certifications (e.g., FRM, CRISC) are highly preferred. A profound understanding of Canadian regulatory expectations (e.g., OSFI guidelines) is paramount.

Typical operational risk analysis manager duties:

Develop and implement the operational risk management framework, policies, and procedures.

Lead risk identification, assessment, measurement, and reporting processes.

Oversee and manage a team of operational risk analysts.

Ensure compliance with internal policies and Canadian regulatory requirements for operational risk.

Monitor key risk indicators and loss events, recommending mitigation strategies.

Collaborate with business units to integrate risk management into daily operations.

Prepare comprehensive operational risk reports for senior management and risk committees.

Drive initiatives for continuous improvement of risk controls and processes.

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Salary for Operational Risk Analysis Manager in Vancouver, BC

106733 - 144985

Low

106733

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

124923

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

144985

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

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