Purpose of the JobThe Associate Manager, Risk and Operations, supports the execution of risk management, operational processes and product-related activities within the Reverse Mortgage team reporting directly to the Senior Manager, Risk and Operations. The role focuses on implementing established procedures, supporting day-to-day operations, and contributing to risk monitoring and continuous improvement initiatives.The Associate Manager works closely with cross-functional partners (Credit Risk, Operational Risk, Legal and Compliance, and Strategy) to ensure adherence to policies, regulatory requirements, and internal standards, while supporting effective and consistent delivery of business operations.Main ResponsibilitiesTeam and Operational Support:Support day-to-day team operations, including daily tasks, monthly and quarterly reportingSupport in the development of risk strategy for the reverse mortgage business, including forecasting, key insights, recommendations and planningDrive projects and initiatives with internal stakeholders, often independently, and operate within our risk appetite, regulatory guardrails and internal policiesSupport all testing, including UAT and BVT support for changesRisk, Controls and Regulatory support:Support the implementation and execution of risk and control frameworks within the business unitIdentify operational risks,



control gaps or weaknesses and process inefficienciesParticipate in root cause analysis and support development of mitigation actionsMaintain documentation of processes, controls, and standard operating procedures.Support AML, fraud, privacy and regulatory assessments as requiredAssist in regulatory change management activities, including testing and documentationCredit and Portfolio Monitoring:Assist in monitoring portfolio trends, including exceptions trends, Key Risk Indicators, and defaultPrepare periodic reports and dashboards to support decision-makingEscalate emerging risks or unusual trends to managementSupport regulatory activities such as reporting, re-appraisal process, and portfolio monitoringKnowledge/Skill RequirementsA University degree in Business/Finance preferredA minimum of five years’ experience in a Canadian financial institution.A minimum of three to five years in a related role pertaining to residential mortgage or reverse mortgage origination (underwriting and operational).Sound understanding of banking products in CanadaUnderstanding of the related regulatory requirements (OSFII B20, AML/ATF)PC skills including Microsoft Outlook, Word, Excel, Power Point, related applications and other software applications used within the organization.Excellent organizational skills and ability to complete responsibilities in a busy and time-sensitive environment.Strong analytical skills.Strong verbal and written communication skills.#J-18808-Ljbffr

📌 Associate Manager, Risk And Operations (Toronto)
🏢 Kinvie
📍 Toronto