Title:  Manager, Risk and Controls Inventory

Requisition ID: 241404

Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

As Canada’s leading digital bank, Tangerine technology is at the heart of everything we do. We have redefined what digital banking is, and we continue to evolve to tackle any opportunity and face every challenge through progressive technology and the power of collaboration.

Do you like new challenges? Are you ready to reach new heights in your career and become part of an established disruptor? If so, come join us and help redefine the Canadian banking landscape!

What you will be doing:                           

As the Manager, Risk and Controls Inventory, you will be responsible for leading the design, implementation, and ongoing management of a centralized inventory of risks and controls that mitigate regulatory and operational risks across the Tangerine organization. You will also ensure that controls are effectively documented, mapped to key risks and regulatory obligations, and maintained in alignment with regulatory and enterprise risk management frameworks.

Is this role right for you? In this role, you will:

• Design and implement a centralized, scalable inventory of risks and controls covering regulatory and operational risks.
• Ensure key risks and controls are clearly defined, consistently documented, and aligned with the Enterprise Risk Taxonomy and regulatory requirements.
• Maintain the integrity and accuracy of the control inventory through regular updates and quality assurance reviews.
• Map controls to key risks, business processes, and regulatory obligations to ensure comprehensive coverage.
• Support the Enterprise Regulatory Compliance Management (eRCM) program, complete the mapping of new/existing controls to new/existing regulatory obligations.
• Establish governance processes for control lifecycle management, including creation, modification, retirement, and ownership.
• Develop and deliver reporting and dashboards to senior management and risk committees on control coverage, effectiveness, and gaps.
• Partner with business units, risk owners, and control owners to promote accountability and awareness of control responsibilities.
• Provide subject matter expertise and training on control documentation standards and inventory tools.
• Provide support to deliver programs and activities dependent on the control inventory such as:
  • • Risk and controls self-assessment (RCSA) program.
    • Compliance Risk and Control Assessment (CRCA).
    • New Initiatives Risk Assessment (NIRA).
    • Support Compliance, Internal Audit, or other testing activities by acting as the central coordinator between testing groups and business units.
• Continuously identify opportunities to improve the effectiveness of risk and compliance policies, processes, and activities.
• Maintain awareness of regulatory requirements, emerging risks and industry best practices in risk and compliance management.
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions, with a specific focus on third party risks.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Bachelor’s degree in business administration or a related discipline.
• Minimum 3 years of experience in compliance, legal, regulatory or closely related disciplines in the Financial Services industry
• Strong understanding of regulations and compliance risks impacting the Bank and the importance of key mitigating controls.
• Experience with identifying, documenting and assessing risk and controls within the first line.
• Experience in delivering on regulatory compliance projects and/or programs.
• Excellent verbal and written skills with the ability to effectively communication with business partners at all levels of the Bank.
• Proven leadership and time-management skills.
• Excellent problem solving, critical thinking, and negotiating skills.
• Expert knowledge of Microsoft PowerPoint, Excel, and Word.

What's in it for you?

• You will be part of a diverse and inclusive team of Client-focused go-getters looking to learn from each other in an environment that celebrates and recognizes success!
• You will have access to thousands of online and in person courses so you can shape your career growth with the support from diverse industry leaders.
• You will get our help to save for your future and to invest in your total wellbeing through our Tangerine benefits*.
• You belong here, we are equal and un-complicated. Bring your true self to work, dress codes don’t apply here.
• You will enjoy workspace flexibility and all the excitement that comes from working at the official Bank of the Toronto Raptors.

*Tangerine employees participate in Scotiabank’s pension & benefits programs (available to permanent employees)

Location(s):  Canada : Ontario : Toronto

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.