Payments Canada, Toronto, Ontario, Canada •

Job Description

Payments Canada is at the forefront of the Canadian payment ecosystem. Our purpose is to make payments easier, smarter and safer for all Canadians. Every day we are working diligently to ensure your payments are cleared and settled. In 2023 alone, our systems cleared approximately $112 trillion or $450 billion each business day! If you are passionate about payments and want to help ensure that these financial transactions in Canada are carried out safely and securely, working with usis for you!

Who we are

We are a public purpose, non-profit organization situated at the centre of Canada's payment ecosystem. We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. We convene ecosystem participants to discuss their multiple and diverse interests and ideas and to navigate industry-level challenges. We adhere to a set of values that are our north star: Inspire trust, build community and enable change.

Payments Canada - where our country connects:

Payments Canada - Who we are

With our people in mind we have created a culture that fosters authenticity, collaboration, innovation and development. We empower one another, make meaningful contributions that not only impact the organization, but our country! We develop and nurture meaningful connections that drive innovation in our ecosystem. We are Payments Canada!

Do you want to make payments easier, smarter and saferfor Canada? Join us today!

You need to work here if

• You love working with passionate, ambitious and collaborative colleagues.
• You want to be challenged and lead unique initiatives.
• You want to grow, develop and become a subject matter expert in your field.
• You want your work to make an impact in your community and country .

Come and join us - where payments meet purpose!

What we are looking for

Reporting to the Vice President, Risk Management, the Director, Enterprise & Payment Product Risk is accountable for leading the development, implementation and ongoing maintenance of a sound enterprise risk management program for Payments Canada.

A day in the life

Your responsibilities as the Director, Enterprise and Payment Product Riskinclude but are not limited to:

• Oversee the implementation and maintenance of the enterprise risk framework, along with related policies and standards.
• Monitor and oversee enterprise and product-related risks.
• Deliver effective reporting to ensure senior management and the Board of Directors are apprised of Payments Canada's Risk posture.
• Champion the implementation and change management for a Governance, Risk & Compliance (GRC) tool.
• Lead the evolution and implementation of payment product risk oversight and business support.
• Lead the evolution and implementation of focused payment product risk assessments, and other applicable risk tools and facilitation for product support and oversight.

Stakeholder Engagement & Governance

• Maintaining a well-established network of internal and external stakeholders.
• Provide executive-level support and expertise to the Risk Committee and Board of Directors on areas under ERM/ORM mandate.
• Deliver effective reporting to ensure senior management and the Board of Directors are apprised of Payments Canada's Risk posture.
• Communicate the ERM/ORM program to regulators, stakeholders, and across Payments Canada.

Strategic Leadership & Team Development

• Set the strategic plan for the team using exceptional leadership skills.
• Provide strong leadership to the divisional team, ensuring the necessary tools and support are in place to enable the team to be successful.
• Responsible and accountable for all aspects of the talent management cycle (i.e., workforce planning, recruitment, performance management, staff development, succession) for the team, including developing group and individual development plans for team members to support a culture of continuous learning and development.

What you need to be successful

• Undergraduate degree in Risk Management, Finance, Business or related field.
• Minimum of ten (10) years of experience in ERM and/or ORM in the financial services industry.
• Minimum of five (5) years of experience in a leadership role.
• Experience in providing guidance and reporting to senior management.
• Travel between Toronto and Ottawa will be required.
• Eligibility to successfully complete background checks that will be carried out by Payments Canada, including criminal, credit, identity, employment, and education checks.

You will really stand out with

• Experience in implementing GRC tools is considered an asset.

Salary range

• Based on qualifications and experience: $134,837 to $168,546.

Please submit your application by May 08, 2025.

What's in it for you?

• Flexible, hybrid (remote/office) environment.
• Competitive compensation package, including annual variable bonus and defined contribution pension plan with employer matching percentage (if eligible).
• Comprehensive health and dental benefit coverage, including mental health coverage, life insurance and a health spending account for you and your dependents (Permanent and temporary employees with contracts 12 months and over).
• Paid time off: minimum four weeks paid vacation, sick and personal days, December holiday shutdown and cultural holiday observance days.
• 26 weeks of paid maternity and parental leave top-up.
• Rewards and recognition program.
• Access to office gym facilities.
• Internal and external professional development opportunities.

Our diversity, inclusion and equity commitment

At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.

We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation by emailing .

We thank all applicants for their interest in this opportunity. Preference will be given to Canadian citizens and permanent residents. Only selected candidates will be contacted for an interview.