Career OpportunityRole TitleSenior Manager, Financial Risk ManagementPurpose of roleThe Senior Manager, Financial Risk Management, is responsible for strengthening the enterprise-wide risk management capability, with a primary focus on capital risk, model risk, and climate-related financial risk. A key outcome for this role is ensuring that material risks are effectively identified, assessed, monitored, governed, and communicated to senior management and Board committees.The incumbent will provide strategic risk oversight, challenge, and integration across functional areas including Actuarial, Finance, Investments, IT, and Compliance while supporting the organization’s risk governance framework and regulatory expectations. The role will also manage and develop one direct report.Job DescriptionKey ResponsibilitiesCapital Risk & ORSA Lead the independent risk assessment of capital adequacy, stress testing, and Own Risk and Solvency Assessment (ORSA) processesLead the review and challenge of key model and market assumptions, scenarios, and management actions from a risk perspectiveCoordinate inputs across relevant functions to support a coherent,



forward‑looking capital risk narrative for senior management and Board committeesContribute to transparent articulation of capital vulnerabilities, sensitivities, and emerging risks. Climate-Related Financial Risk Management Lead the Risk function’s climate‑related financial risk managementLead the research and development of a climate related financial modeling frameworkCoordinate climate risk scenario analysis and integration into Enterprise Risk Management (ERM) and ORSA processesDirect collaboration with Investments, Actuarial, and Sustainability stakeholders to ensure climate risk considerations are embedded into decision‑makingTranslate technical analysis into concise, decision‑useful insights for executive and Board audiences Enterprise-wide Model Risk Governance Strengthen model risk governance from a Risk oversight perspective, supporting development and monitoring of model risk appetite and tolerancesProvide effective challenge related to model use and reliance, including emerging model risks associated with advanced analytics and artificial intelligence #J-18808-Ljbffr

📌 Senior Manager, Financial Risk Management (Toronto)
🏢 Foresters Financial
📍 Toronto