Director, Enterprise Risk Management

The Director, Enterprise Risk Management (ERM), is accountable for planning, organizing, coordinating and directing WorkplaceNL’s Enterprise Risk Management Department.

You will develop and implement a corporate-wide risk assessment tool/program to identify, assess, and report on corporate-wide risk and mitigation strategy. You will develop an audit program to test adherence to, and the effectiveness of, WorkplaceNL’s internal control framework and risk mitigation strategies. This requires in-depth knowledge of auditing principles/techniques/professional standards; a holistic view of the organization; and, a deep knowledge and understanding of all processes and aspects of WorkplaceNL. You will report to our Board of Directors with day-to-day oversight from the Chief Executive Officer.

In addition to performing internal audit assurance activities, the Director consults with Management/Executive on various risk, control and governance matters to ensure any gaps are properly assessed and mitigated.

Role Responsibilities

• Provides independent, objective assurance and consulting services designed to add value and improve WorkplaceNL’s operations. 
• Develops and maintains a thorough understanding of all business activities and operations, related risks and strategy, to develop, implement and oversee a corporate wide risk assessment and risk management approach.
• Reports regularly to the Board of Directors, through the Governance Committee, on the audit plan and corporate risk assessment. 
• Provides guidance on enterprise risk management. Conducts or assists with the development of a hazard, risk and vulnerability assessment for each area office, develops and coordinates plans to mitigate risk based on identified vulnerabilities. 
• Uses the corporate wide risk assessment tool/program to develop a three-year audit plan which is presented to and approved by the Board of Directors, through the Governance Committee. 
• Directs the performance of the reviews/audits as per the audit plan, managing timelines for audit completion, as well as developing and maintaining a reporting system for WorkplaceNL’s Executive and Board. 
• Develops, maintains, and evolves WorkplaceNL’s Internal Controls Over Financial Reporting Framework (ICFR). This program focuses on key financial internal controls which are subject to regular testing by Internal Audit for adherence and adequacy. ICFR audit activity is a key component of the three-year audit plan. 
• Issues an audit report outlining observations and recommendations to address any control system deficiencies for consideration by WorkplaceNL’s Executive and Board of Directors.
• Develops, through collaboration, strong relationships with Management, Executive, and members of the Governance Committee and Board of Directors. This is key in developing a successful audit plan, finalizing audit reports and developing feasible recommendations to address deficiencies.

Essential Skills and Qualifications

• Bachelor of Commerce Degree with a concentration in accounting as well as a Chartered Professional Accounting Designation is required.
• A minimum of seven years’ experience in a financial accounting or auditing environment.
• Well-developed analytical, problem-solving, investigative and research abilities, combined with excellent communication, interpersonal skills and a strong understanding of generally accepted accounting principles and generally accepted auditing standards is essential.
• Certification as a Certified Internal Auditor (CIA) is required; a certification as a Certified Information Systems Auditor (CISA) would be an asset.  
• Membership with the Institute of Internal Auditors is required.
• Must be an ethical professional possessing a clear understanding of; 
  • Business risks and effective risk management techniques
  • Internal Auditing standards, responsibilities, code of ethics and certification
  • Control models such as COSO (Committee of Sponsoring Organizations)

What success looks like in this role

• You have a keen interest to learn new things and processes outside of your area of expertise. 
• As an engaging and collaborative leader, you feel comfortable talking to people, ask WHY and probing questions to identify opportunities, able to deal with pushback, and make people feel comfortable in approaching you. 
• You have strong report writing skills by effectively documenting what you have observed, provide evidence and translate it into a way that your client can understand. 
• You are a valuable contributor to our senior management team to help the organization create a culture of continuous improvement and creativity aimed at systemic change.

We thank all candidates for their interest; however, only those selected for further consideration will be contacted. 

For more information, please visit www.workplacenl.ca