Job Information
EDC Sr. Advisor, Enterprise Vendor Governance in Ottawa, Ontario
Sr. Advisor, Enterprise Vendor Governance - 0004QD
Posting Date: Sep 16, 2024, 7:44:37 PM
Primary Location: Ontario-Ottawa
Job Type: Permanent
Schedule: Full-time
Description
Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC offers financial products and knowledge to help Canadian businesses confidently enter new markets, reduce financial risk, and grow their business.
When you join our team, you’ll be helping Canadian businesses learn the endless possibilities that open to them through export and help bring their vision, passion, and innovation to the world. Your knowledge and expertise will support more than 25,000 Canadian businesses and their customers in as many as 200 markets worldwide. You’ll work amongst the best and brightest in an inclusive, collaborative environment that fosters professional development and success. And you’ll know that you’re making an impact every day – for businesses, for Canada and for the people you work with.
Are you ready to make an impact? Join EDC, recognized as a Top 100 and Top Family-Friendly Employer, as we take on the risk so Canadian businesses can take on the world. #LI-Hybrid
Job Summary
In support of EDC's overall Enterprise Risk Management (ERM), the Sr. Advisor, Enterprise Vendor Governance (EVG), works with the governance framework in accordance with the requirements of OSFI B-10 guideline to identify the type and level of risk arising from third-party arrangements, so that it can be managed with the appropriate level of diligence.
The Vendor Governance Program is responsible for identifying, assessing, rating, managing, and monitoring the overall risk introduced by a Third-Party relationship with EDC, ensuring compliance with OSFI guidelines, and effectively managing risks, including but not limited to vendor performance management.
In managing these risks, the Enterprise Vendor Governance Program considers a range of factors, including the criticality of the vendor and associated scope of work, vendor size, risk significance and nature, performance, value for money, operational complexity and the impact of classified risks.
The Senior Advisor for Enterprise Vendor Governance (EVG) plays a crucial role in implementing and operationalizing EVG policies and procedures. They provide guidance to Contract Owners on best practices related to EVG, ensuring compliance and effective vendor management throughout the organization. Additionally, the Senior Advisor contributes to sourcing and procurement strategies, collaborating with cross-functional teams and EDC Control Functions, including Legal, Privacy, Procurement, Enterprise Information Security, Compliance & Ethics, ESG (Environmental, Social & Governance), and Financial Crimes.
As part of their responsibilities, the Senior Advisor conducts Materiality and Risk Assessments, facilitates Due Diligence exercises, performs Health Checks, and develops comprehensive Risk Response Plans and Risk Mitigation strategies. One critical aspect of their role is implementing a robust methodology to measure and report on vendor performance, enabling informed decision-making and continuous improvement in vendor management practices.
Major Responsibilities
Develop working relationships to influence to Contract Owners and other internal support functions and stakeholders on the adoption of EVG processes
Maintain, update, and report on the Third-Party Inventory to ensure compliance with regulatory requirements
Implement the multi-year roadmap for implementation of the program
Work with the Principal EVG on a technology roadmap to automate manual processes
Coordinate Third-Party reviews, performance and contractual conversations and risk mitigation strategies
Produce EVG reporting to Senior Management and Operational Risk Management (ORM) committees.
Monitor and report on Key Risk Metrics/Indicators (KRIs) and provide analysis of risk trends and industry benchmarks
Provides input into the revision of EVG Policies, Guidelines, Procedures, and Job Aids.
Manages the organization and administration of EVG records in an electronic format to Audit requirements and to support the Program.
Participates in the development and implementation of a comprehensive training program on EVG policies, procedures, and best practices for all relevant stakeholders, to familiarize the organization with the mandate of EVG.
Skills/Knowledge
Interest in or knowledge of Vendor Performance Management practices
Interest in or knowledge of Third-Party Risk Management requirements
Experience in project management and program delivery including coordination of activities across cross-functional teams.
Self-starter with the ability to drive and plan activities and drive outcomes
Strong interpersonal skills to develop relationships internally and externally for EDC
Strong organizational skills with an ability to focus on necessary details to deliver on timely outcomes
Ability to multi-task, work on multiple projects, with multiple stakeholders, and pace demand appropriately
Knowledge and understanding of procurement and vendor management best practices, contract cycles and risk mitigation strategies
Proven written and verbal communication and presentation skills, including writing reports and presenting to Executives, and creating training programs
Knowledge of OSFI regulations, developing action plans based on audit findings (internal/external), developing KRIs and KPIs.
Screening Criteria
Business degree (or equivalent education/ experience)
5-7 years of experience related to procurement/vendor management/risk management
Experience working with business clients and support functions to assess risks and define risk mitigation strategies
Experience in program/project management and coordinating cross-functional teams to meet deadlines and achieve outcomes
Experience interacting with external vendors and internal clients
Experience in developing Policy instruments and compliance monitoring programs
Experience developing and delivering training and awareness programs
Assets
Proficiency in Information (Cyber) Security, including SOC II reports, and knowledge of ESG (Environmental, Social, and Governance) Risk and best practices are highly desired for this role. Experience with relevant regulatory frameworks and guidelines, such as OSFI B-10, GDPR, ISO 27001, or NIST Cybersecurity Framework.
Familiarity with vendor management systems or TPRM (Third Party Risk Management) software solutions.
Utilize strong analytical skills to identify patterns, trends, and anomalies in third-party data, enabling the identification of potential risks or areas for improvement in the EVG program.
Apply data visualization techniques and create informative dashboards to effectively communicate risk analysis findings to stakeholders in the EVG program.
Leverage analytical skills to assess the current EVG inventory setup, identify gaps or inefficiencies, and implement necessary enhancements for improved risk management in the EVG program.
Salary Range
- 18: Salaries are based on qualifications and experience and typically range from $92,355 To $123,139 plus a performance-based incentive.
Location
Export Development Canada is a hybrid work environment.
This role will be performed from EDC’s headquarters in Ottawa.
Relocation assistance is available for eligible candidates.
EDC's Commitment to Employment Equity
- EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities and members of the 2SLGBTQI community. If selected for an interview, please advise us if you need any special accommodation.
How to apply
Only candidates selected for an interview will be contacted. : : Sep 28, 2024, 10:59:00 AM EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation. Candidates must meet the requisite government security screening requirements. :
Req ID: 0004QD
