Job Description

OverviewThe Chief Risk Officer at WorkSafeBC plays a pivotal role in safeguarding the organization\xe2\x80\x99s financial health and strategic objectives. Reporting to the Head of Assessments and Finance and Chief Financial Officer, the Chief Risk Officer is integral to the development and execution of robust risk management strategies that align with WorkSafeBC\xe2\x80\x99s mission and values.In this role, you\xe2\x80\x99ll be responsible for developing and implementing mitigating risk strategies to ensure the organization\xe2\x80\x99s financial stability and strategic success. The incumbent will provide leadership and direction to key stakeholders, ensuring the effective implementation of WorkSafeBC and divisional strategies, business plans, and policies in the delivery of quality, client-focused service.You\xe2\x80\x99ll also play a critical role in leading WorkSafeBC\xe2\x80\x99s enterprise risk management, business continuity management, and fraud detection/mitigation functions. The Chief Risk Officer will also be responsible for managing the corporate insurance portfolio, overseeing corporate-wide risk, play a pivotal role in strategic planning and reporting to the Enterprise Leadership Team (ELT).Introducing a brand-new role within our organization, this position is ideal for a visionary leader with a robust background in risk management, financial oversight, and strategic thinking. The successful candidate will be passionate about fostering a culture of safety and excellence, contributing to WorkSafeBC\xe2\x80\x99s mission of promoting workplace safety and health.Update: October 22, 2024 - Job title update to Chief Risk OfficerHow you\xe2\x80\x99ll make a difference: You\xe2\x80\x99ll help protect the financial integrity of B.C.\xe2\x80\x99s workers\xe2\x80\x99 compensation system.Where you\xe2\x80\x99ll workIn this role, you\xe2\x80\x99ll work primarily from our Richmond office, with some flexibility to work from your home in B.C.What you\'ll do

• Spearhead the development and execution of a robust enterprise risk management strategy that includes risk identification, assessment, and mitigation across the organization, ensuring alignment with business objectives and regulatory requirements.
• Design and implement a holistic risk and fraud management framework that establishes clear policies and procedures, fostering a proactive culture of risk awareness throughout the organization.
• Lead the creation and maintenance of comprehensive business continuity and disaster recovery plans to safeguard operational resilience and ensure seamless recovery in the face of potential disruptions, protecting organizational assets and stakeholder interests.
• Conduct thorough assessments of corporate financial internal controls and develop strategic initiatives aimed at enhancing financial processes, ensuring compliance, and optimizing resource allocation to support sustainable business growth.
• Coordinate and communicate the divisional strategic plan in partnership with other members of the financial team.

Is this a good fit for you?We\xe2\x80\x99re looking for someone who can:

• Inspire and motivate teams, fostering a culture of accountability and collaboration in risk management initiatives.
• Communicate effectively verbally and in writing to convey complex risk concepts to diverse stakeholders, including executive leadership and board members.
• Assess long-term risks and opportunities to enable the organization to align risk management strategies with overall business goals.
• Address challenges and implement innovative solutions in the face of evolving risk landscapes.
• Understanding of diverse organizational cultures and the ability to tailor risk management practices.
• Demonstrate sound understanding of financial control and reporting concepts.

Your background and experience

• A university degree in Finance, Business Administration, Risk Management, or related discipline
• A minimum of 15 years of experience in progressive leadership role within financial services and/or risk and fraud management.
• Experience managing highly effective teams.
• Canadian Risk Management Designation (CRM) or equivalent certification
• Chartered Professional Accountant designation (CPA)
• Associate Business Continuity Professional (ABCP) through DRI International
• Certified Internal Audit designation (CIA) is considered an asset
• Certified Business Continuity Professional (CBCP) designation through DRI International is considered an asset

We\xe2\x80\x99ll consider equivalent combinations of education and experience.Important to knowBefore we can finalize any offer of employment, you must:

• Consent to a criminal record check
• Confirm you\xe2\x80\x99re legally entitled to work in Canada

WorkSafeBC\xe2\x80\x99s COVID-19 Employee Mandatory Vaccine Policy is suspended effective January 9, 2023; however, we reserve the right to re-implement it in response to changes in the public health landscape, including public health orders. We are committed to the protection, health, and safety of our employees and our Communicable Disease Prevention Program and related protocols remain in effect.Who we areAt WorkSafeBC, we promote safe and healthy workplaces across British Columbia. We partner with workers and employers to save lives and prevent injury, disease, and disability. When work-related injuries or diseases occur, we provide compensation and support injured workers in their recovery, rehabilitation, and safe return to work. We\xe2\x80\x99re honoured to serve the 2.49 million workers and 263,000 registered employers in our province.What\xe2\x80\x99s it like to work at WorkSafeBC?It\xe2\x80\x99s challenging, stimulating, and rewarding. Our positions offer diversity and opportunities for professional growth. Every day, the work we do impacts people and changes lives. What we do is important, and so are the people we do it for.Our ability to make a difference relies on building a team with a rich variety of skills, knowledge, backgrounds, abilities, and experiences that reflect the diversity of the people we serve. We are committed to fostering a welcoming, inclusive, and supportive work culture where everyone can contribute as their best, authentic self.Learn more: Discover .Our benefitsAs a member of our team, you\xe2\x80\x99ll have access to services and benefits that help you get the most out of work \xe2\x80\x94 and life. Along with a competitive salary, your total compensation package includes:

• Defined benefit pension plan that provides you with a lifetime monthly pension when you retire
• 4 weeks of vacation in your first year, with regular increases based on years of service
• Benefits package that includes customizable options for health care and dental benefits, additional days off, and a health care spending account
• Optional leave arrangements
• Development opportunities (tuition reimbursement, leadership development, and more)

Learn more: Find out .Salary: $168,417 - $204,627 /annuallyWant to apply?

• Applications are welcomed immediately; however, they must be received no later than 4:30 p.m. PST on the closing date.
• Please note that we will be starting assessments before the closing date.

We encourage all qualified applicants to apply. If you require accommodation during the assessment process, please email when you submit your application.

WorkSafeBC