Job Description

Employment Type:

Full Time, Permanent

Work Hours/Week:

40

Career Level:

Experienced Hire/Professional

Pay Type:

Salary + Variable Bonus

People Manager:

No

Work Location / Market:

FACE Office / Remote work with target clients across Canada.

Posted Date:

November 14, 2025

Application Deadline:

November 28, 2025

The opportunity:

The Director of Enterprise Risk Management provides strategic leadership and oversight for the institution's enterprise-wide risk framework. This role ensures that all significant risks financial, credit, operational, compliance, reputational, strategic, and ESG are identified, assessed, mitigated, and reported in accordance with Board-approved policies and regulatory standards.

The Director will collaborate across departments to embed a proactive risk culture, strengthen governance, and ensure the organization's sustainability, integrity, and alignment with its mission of inclusive and responsible lending.

Overview of Responsibilities:

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Enterprise Risk Framework & GovernanceLead the design, implementation, and continuous enhancement of the Enterprise-Wide Risk Management Framework (ERMF) and supporting policies. Maintain the C-Suite-approved Risk Appetite Statement (RAS), aligning it with strategic goals and changing market or funding conditions. Develop and manage the risk register, KRIs/KPIs, and risk dashboards; oversee quarterly risk reporting to the Risk & Audit Committee. Ensure alignment with OSFI Guidelines, IFRS 9 expected-loss methodologies, and applicable ASNPO standards.

Risk Identification, Assessment & MonitoringOversee systematic risk identification across credit, liquidity, market, operational, compliance/legal, IT/cyber, human capital, and ESG categories. Coordinate monthly, quarterly and annual risk reviews with department heads. Conduct risk analytics, stress testing, and scenario analysis (e.g., portfolio default shocks, liquidity crises). Review and approve within DLAs, single-name strategies and credit transaction requests within agreed timelines and/or turn-around benchmarks, highlight exceptions to applicable policies and guidelines and suggest enhancements. Also prepares recommendations for Single Name Strategies and Transaction Requests for sign off. Assist in continuous oversight of the organization's loan-fund performance through monitoring credit portfolio trends, credit risk framework, financial and industry information, regulatory changes, third party analysis including rating agency publications, and other early warning signals. Implement automated or data-driven risk monitoring tools and ensure data integrity for risk metrics.

Policy & Control DevelopmentHelp draft and/or update, and maintain risk-related policies: credit, liquidity, operational, compliance, data privacy, business continuity, and ESG. Support internal audit and quality assurance reviews; ensure management action plans are implemented. Ensure integration of risk controls into key processes -- credit underwriting and approvals, financial reporting, vendor management, IT systems, and HR practices.

Risk Culture & Capacity BuildingLead organization-wide risk training and awareness programs. Coach management and staff on risk-based decision-making. Promote a "no surprises" culture of transparency, accountability, and ethical behavior.

Strategic & Regulatory LiaisonProvide expert advice to the C-Suite and Board on emerging risks, macroeconomic conditions, and sectoral issues. Liaise with regulators, funders, insurers, and auditors on risk matters. Contribute to strategic planning, capital allocation, and program design from a risk-return and social-impact perspective.

Qualifications

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Bachelor's degree in finance, Accounting, Economics, Business, Risk Management, or related
field (Master's preferred).Recognized professional designations such as FRM, CRM, CFA, CPA, or PRM are strong assets. Minimum -10 years of progressive experience in enterprise risk, credit risk, or financial governance. Demonstrated experience in a financial institution, credit union, CDFI, or nonprofit loan fund environment. Proven leadership managing cross-functional risk programs and direct engagement with Board Committees. Deep knowledge of risk management frameworks (COSO ERM, ISO 31000, OSFI B-10/B-20/B-21). Strong understanding of IFRS 9 credit modeling, liquidity ratios, and capital adequacy principles. Advanced analytical, presentation, and report-writing skills. Sound integrity and judgment and mission alignment with inclusive economic growth and ESG principles. Intimate knowledge of the Microsoft suite and relevant data analysis tools. Previous experience using online research tools such as SNL, Bloomberg, KMV, or using
S&P/Moody's/Fitch ratings