Manager, Risk Management and Regulatory Remediation

September 25 2024
Industries Consulting services
Categories Bank, Insurance, Financial services, Credit, Risk, Management, Administration,
Toronto, ON • Full time
At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

The opportunity

EY's Financial Services Risk Management (FSRM) practice is a consulting unit that provides risk management support to banks, insurers and asset managers. Our team includes individuals who have industry, client and product knowledge as well as quantitative, regulatory, project management and technology professionals. We are seeking a Manager with minimum 5-7 years experience in a mix of program management and/or risk management & regulatory experience acquired in the banking industry or in consulting services to join our team in our Toronto office.

The Manager, FSRM will be responsible for leading risk management program execution on client engagements at Financial Institutions, ensuring effective and efficient delivery against objectives and project deadlines. You will work with a team whose focus is on solving complex problems for our clients and supporting them to achieve their program goals. You will leverage your prior experience and skillset to bring innovative solutions, tools, technologies and best practices in delivering for our clients. Reporting to the Senior Manager/Director of FSRM, the Manager will act as a single point of contact on these programs and lead a team of EY senior consultants/staff as well as client teams to manage day to day operations.

Your key responsibilities

As a Manager within FSRM, your responsibilities include but are not limited to:

  • Design and implement program governance and program management strategies on high visibility risk & regulatory engagements at financial institutions where successful outcomes are critical
  • Establish leading practice program management services such as program plan management, meeting ownership and facilitation, quality assurance, decision management, document management, etc.
  • Partner closely with key stakeholders and domain teams on a daily/weekly basis to understand program progress, risks, and issues affecting their workstreams; escalate and resolve as necessary
  • Coordinate, collect, and validate, program and domain team weekly status reports
  • Create various steering committee and weekly status reporting meeting materials that reflect program status in a clear and concise manner and facilitate this material to an executive audience
  • Track progress of program execution aligned to tasks, milestones, and corrective actions across multiple domains and stakeholders
  • Responsible for continuous improvement and change management as it relates to internal program management processes and stakeholders
  • Respond to ad hoc client executive requests in a timely and proficient manner
  • Work with leadership on developing responses to client proposals and drive impactful conversations with senior client leaders


To qualify for the role, you must have

  • Undergraduate degree in Business, Computer Science, Finance or other related fields of study.
  • 5-7 years' experience in program management and/or risk & regulatory initiatives acquired in the banking industry or in consulting services
  • Ability to set up Program Management Offices and rolling out the necessary governance and operational processes to manage the program
  • Strong communication, presentation and facilitation skills to describe ideas, concepts and issues that involve interpretation, analysis and assessment of complex conceptual topics
  • Thought leadership, problem-solving, and analytical skills with the ability to translate data into insights and actionable strategies
  • Proven ability to build relationships and influence without direct authority
  • Self-starting attitude, the ability to think out of the box and driven by new challenges
  • Strong abilities to write and deliver proposals to prospective clients
  • Ideally, you'll also have
  • Proven experience in regulatory risk remediation in a technology setting
  • Experience in dealing with Regulatory bodies and responding to regulatory matters. It would be considered an asset if you have previous experience working with OSFI, OCC- USA and FRB - USA
  • Relevant Project Management certification (s); PMP, PMI PMBOK, APM BOK, PRINCE2, MSP, MoR, and Agile


What we look for

If you're a natural leader with a talent for answering and communicating complex client problems, we're interested in you. You'll need to be great at influencing people, ready to listen and confident in challenging the status quo. If you have a genuine passion for helping businesses and addressing their most pressing problems, this role is for you.

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture - built on high-performance teaming - where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities. It's one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

  • Support and coaching from some of the most engaging colleagues in the industry
  • Learning opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that's right for you


Diversity and Inclusion at EY

Diversity and inclusiveness are at the heart of who we are and how we work. We're committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We embrace diversity and are committed to combating systemic racism, advancing gender equity and women in leadership, advocating for the 2SLGBTQIA+ community, promoting our neuroinclusion and accessibility initiatives, and are dedicated to amplifying the voices of Indigenous peoples (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation. Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
Apply now!

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