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Operational Risk Analysis Manager in Winnipeg, MB

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 Winnipeg, MB

95305 - 129850

Low
95305
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
113435
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
129850
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 199430 238630 266805 Regulatory Reporting Manager 102165 120050 132790 Operational Risk Analyst 78400 89425 103390 Market Risk Analysis Manager 87955 101675 117355 Market Risk Analyst 72520 83545 96040 Credit Risk Analysis Manager 92610 102655 115640 Credit Risk Analyst 72030 86485 98000 Hedge Fund Accountant 65905 78645 86975 Senior Fund Operations Specialist 67620 82075 93345 Fund Operations Specialist 51695 63455 78890 Anti-Money Laundering (AML) Specialist 63700 78645 89670 Fraud Investigator 55615 69825 79380 Mutual Fund Accountant 56105 61985 70560

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