Senior Manager Regulatory Compliance : Tangerine
Ontario 11 days ago
Job Description
Requisition ID:
Tangerine is Canada's leading direct bank. We offer flexible and accessible banking options, innovative products, and award:winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It's important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.
As Canada's leading digital bank, Tangerine technology is at the heart of everything we do. We have redefined what digital banking is, and we continue to evolve to tackle any opportunity and face every challenge through progressive technology and the power of collaboration.
Do you like new challenges? Are you ready to reach new heights in your career and become part of an established disruptor? If so, come join us and help redefine the Canadian banking landscape
The Team
The Tangerine Technology and Cyber Risk team plays a vital role in the bank's technology and security compliance risk management by implementing the Regulatory Compliance Management (RCM) Framework in accordance with the regulatory requirements of OSFI's Guideline E13 and in conjunction with the Bank's overall Regulatory Compliance Program. The Tangerine Technology and Cyber Risk team works closely with Global Compliance, front:line technology and security teams providing First Line of Defense for all technology compliance risk domains including IT Governance, IT Risk, Cyber Security, Information Security, Infrastructure, Network and IT Operations, and Software Development and Change Management to ensure overall technology regulatory compliance.
The Role:
The Senior Manager of Regulatory Compliance is responsible for overall Technology Regulatory Compliance by following Regulatory Compliance Management (RCM) framework and managing detailed plans to prioritize and execute multiple workstreams to achieve full technology regulatory compliance in a timely manner. Ensuring key controls are operating effectively and activities conducted are compliant with the governing regulations, internal policies, and procedures.
Is this role right for you? In this role you will:
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Identify OSFI regulatory obligations and controls according to the technology compliance risk domain(s) assigned to you. This will require working with technology and security Risk owners across Technology teams.
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Collaborate and work closely with Business Lines (BLs)/Corporate Function (CFs) partners and technology teams to document controls and map to the technology obligations embedded in technology and cyber specific regulations.
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Proactively maintain the regulatory library on an ongoing basis by updating the obligations as well as related control documentation and accurate mapping of the correct controls to the obligations.
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Regularly assess inherent risk, control strength, operating and design effectiveness and evaluate residual risk.
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Work actively with the global team of risk professionals to conduct technology and security control testing. Manage remediations and compliance gaps.
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Create and maintain effective reporting and analytics on the compliance measures to monitor and drive compliance gap remediation.
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Proactively identify opportunities to improve effectiveness and enhancements of risk identification and management policies and processes.
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Partner with other risk groups and contribute to the ongoing update and enhancement of controls, frameworks, policies, risk indicators and metrics.
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As needed, collaborate and appropriately challenge the technology and security teams in the assessment of the effectiveness of controls to mitigate regulatory obligations as well as the remediation of control gaps.
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As needed, coordinate with technology and security teams and the testing team to develop and execute testing activities.
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