At a Glance
- Tasks: Lead the Third Party Risk Management framework and manage a dynamic team.
- Company: Join Peoples Group, a trusted financial services innovator in Canada.
- Benefits: Enjoy competitive salary, profit sharing, flexible work, and generous time off.
- Other info: Flexible hybrid work environment with a focus on employee well-being.
- Why this job: Make a real impact in risk management while collaborating with diverse teams.
- Qualifications: 10+ years in risk management, with strong leadership and communication skills.
The predicted salary is between 130000 - 145000 $ per year.
We are hiring for this position out of our Toronto, Calgary, and Vancouver offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.
The Assistant Vice President, Third Party Risk Management (TPRM) is responsible for leading the implementation and ongoing execution of the Peoples Group TPRM framework, including ownership of the TPRM policy, supporting toolkits, inventory, and compliance tracking. This role leads and develops a team accountable for running the TPRM program, providing effective challenge to third-party risk and criticality assessments, and ensuring regulatory requirements are met across the enterprise.
The AVP prepares regular reporting for senior management and Board committees, partners closely with Technology on the development and maintenance of the TPRM system, and works collaboratively with Legal, Procurement, Information Security, and Relationship Owners to manage third-party onboarding, contracting, cyber risk, and ongoing monitoring. Success in this role requires strong stakeholder and conflict management skills to balance business objectives, client expectations, and regulatory obligations, as well as the ability to build productive relationships across multiple departments and drive enterprise-wide training and compliance with TPRM requirements.
About The Day-to-day
- Lead the implementation of the Peoples Group TPRM framework.
- Responsible for maintaining the TPRM Policy and Framework as well as the documentation supporting TPRM toolkits.
- Manage a team of analysts and senior managers accountable for running the TPRM Framework.
- Lead the team in providing constructive challenge to the results of third-party risk and criticality assessments completed by the Relationship Owners.
- Own and manage the TPRM inventory and compliance tracker.
- Prepare regular reporting for the Operational Risk Management Committee, Corporate Risk Committee and Board Risk Committee.
- Work directly with the Technology team on the development and launch of the TPRM system.
- Successfully manage friction arising between business objectives, client expectations and regulatory requirements.
- Develop and coordinate enterprise-wide training on TPRM requirements.
- Work directly with Relationship Owners to clarify requirements for the onboarding and management of Third-Parties.
- Work closely with the Legal and Procurement departments to maintain control processes and compliance requirements.
- Coordinate with the Information Security Team to assess cyber-security control effectiveness at critical third parties.
- Working across all departments within PTC, partnering with relationship owners to maintain compliance and update third-party criticality and risk assessment.
- Establishing productive relationships and working successfully with stakeholders across multiple departments is essential for success in this role.
About The Qualifications
- 10+ years experience working in risk management or operations at a Canadian Financial Institution, with at least 5 years of experience in a management role.
- Successfully delivered enterprise-wide risk projects requiring significant change management and training across departments.
- Familiarity with Software Development Life Cycle in the context of enterprise applications.
- Required experience in developing Third Party Risk Management TPRM Frameworks at Small and Medium Sized Banks (SMSBs) in Canada.
- Direct experience in managing OSFI expectation and regulatory findings related to TPRM and Guideline B-10 is a significant asset.
- Strong communication skills, with experience presenting at senior management committee meetings.
- Proven conflict management capabilities when working across multiple departments and stakeholders.
About Us
Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. Our culture is built on four core behaviours: Grit to Grow, Connect to Collaborate, Putting Clients First, and Owning the Outcome.
About The Work Environment
Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home.
We Offer
- A hybrid work environment, enabling you to balance your personal and professional life seamlessly.
- Competitive salaries, profit sharing, RRSP matching and benefits from day one.
- Generous paid time off to help achieve a healthy work-life balance.
- A strengths-based approach, ensuring we work together more effectively.
- A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.
Peoples Group is pleased to offer employees a competitive annual salary plus a discretionary profit share opportunity. Salary for this position will vary between $130,000 and $145,000 per year depending on the knowledge, skills, abilities and experience that the chosen candidate possesses.
NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer.
AVP Third Party Risk Management in Calgary employer: Peoples Group
Peoples Group is an exceptional employer that fosters a dynamic and collaborative work culture, particularly for Solutions Architects in Toronto, Vancouver, and Calgary. With a strong commitment to employee well-being, we offer competitive salaries, profit sharing, and generous paid time off, all within a flexible hybrid work environment that promotes a healthy work-life balance. Our focus on individual strengths and meaningful relationships ensures that you will thrive while making a positive impact in the financial services sector.
