Being part of Air Canada is to become part of an iconic Canadian symbol, recently ranked the best Airline in North America. Let your career take flight by joining our diverse and vibrant team at the leading edge of passenger aviation.An important facet of Air Canada’s corporate oversight and governa
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Principal, Enterprise Risk Management
Job Description:
Being part of Air Canada is to become part of an iconic Canadian symbol, recently ranked the best Airline in North America. Let your career take flight by joining our diverse and vibrant team at the leading edge of passenger aviation.

An important facet of Air Canada’s corporate oversight and governance activities, the Enterprise Risk Management (“ERM”) program aims to provide timely and meaningful insight to both Management and the Board’s Audit, Finance and Risk Committee to assist in the identification, evaluation and understanding of the Company’s important business risks, adequacy of risk management strategies in place and whether the level of risk to the organization is within its tolerance levels.

The Principal, Enterprise Risk Management will champion ERM efforts across the Organization. This includes playing a critical role in the Company’s ERM reporting process, in identifying and evaluating the key risks to the Company’s business objectives, providing business advisory support, and providing insight to the broader Corporate Audit & Advisory (“CAA”) leadership team for the establishment of its risk-based audit plan.

We are looking for a highly motivated person in Montreal (YUL), Toronto (YYZ), or Winnipeg (YWG).

Responsibilities:

The position requires the individual to manage and continuously evaluate and enhance the following functions of the Corporate Audit & Advisory’s ERM practice:

Program oversight and maintenance

    Work closely with business units (including those responsible for oversight) across the Company to ensure consistency, alignment, and timely sharing of information.Refine internal ERM approach including how risk information is captured, analyzed, measured, and ultimately reported (including process, tools and technology).Ensure internal policies, methodologies and frameworks are in place and relevant in the Company’s operating model and organization structure.Ensure program procedures, materials and documentation remain current and relevant stakeholders are aware of changes.Oversee the development and maintenance of the Corporate risk register.      Promote ERM maturity through innovative methods, new technologies, and processes including artificial intelligence.
Risk Analysis / Emerging Risk Analysis

    Identify, evaluate, and summarize key risks / emerging risks using business and related risk insight from established operational risk processes, management business forums/committees/working groups and directly from key members of our senior management team.Develop and analyze performance and risk indicators to assist in measuring risk to the Organization.Lead the execution of in-depth risk studies and reviews for the purpose of evaluating the exposure to the Company and effectiveness of mitigation strategies in place.Conduct and facilitate branch level risk assessments in collaboration with branch leadership over emerging risks, projects, changes in people, process and technology.Manage and coordinate outlook analysis / scenarios analysis.Select, oversee, and collaborate with 3rd party experts, when required.
Reporting

    Prepare quarterly ERM update to the Board of Director’s Audit, Finance and Risk Committee.Ensure alignment with other risk reporting processes (including quarterly / annual disclosures, ESG).
Communications

    Exhibit and model highly developed communication skills that foster collaboration with colleagues and builds trust with stakeholders at all levels of the organizationDevelop presentations, reference materials for use by the business.Conduct periodic education and awareness sessions on the importance of risk management and insight into the Company’s enterprise risks (communications, lunch and learns, awareness sessions, presentations).
Collaborate with Internal Audit Practice

    Support both the risk-based assurance and compliance assurance practices in the development of their respective plans, oversight and reporting.  Maintain process to integrate audit outputs for use in risk measurement and analysis work and provide current and emerging risk insight to the Internal Audit practice for consideration in their work and development of the annual audit plan.Support the annual audit plan in the execution and facilitation of risk-based deliverables including planning, execution and reporting
Qualifications

    Bachelor’s degree with specialized degree, certificate or designation completed or in progress given preference (e.g., RIMS-CRMP, CRM, CRMA, ARM, CPA, MBA, CIA)10 + years of professional work experienceProven project management skills with excellent planning and organization skillsCapacity to analyze and distill significant volume of information to arrive at clear and concise conclusionsAbility to conduct research using internal business intelligence reports and external sources (including but not limited to government reports, risk outlooks, economic reports)Demonstrated creative problem-solving and business analytics skillsUnderstanding of fundamentals of strategic business planning, financial and non-financial performance measures, and forward-looking business analysisAbility to make clear links among / between risks, business areas and implications to business objectives and corporate strategy  Proficiency with relevant ERM and Risk Management Frameworks (COSO ERM, ISO 31000)Confident with excellent interpersonal, oral, and written communication skills to effectively communicate with Senior Leaders of the OrganizationSound knowledge of Microsoft Office (Excel, Word, PowerPoint, Outlook, Power BI) and basic artificial intelligence tools (e.g., Microsoft Copilot, ChatGPT),Experience with data analytics and visualization toolsFlexible and able to adapt quickly to evolving business requirementsGoal oriented with the ability to meet deadlines, achieve objectives and work under pressureValid passport with ability to travel, domestically and internationallyBased on equal qualifications, bilingualism (English and French) is desirableDemonstrate punctuality and dependability to support overall team success in a fast-paced environment.
Conditions of Employment:

Candidates must be eligible to work in the country of interest, at the time any offer of employment is made and seeking any required work permits/visas or other authorizations which may be required is the sole responsibility of the candidates applying for this position.

Linguistic Requirements

Based on equal qualifications, preference will be given to bilingual candidates.

Diversity and Inclusion

Air Canada is strongly committed to Diversity and Inclusion and aims to create a healthy, accessible and rewarding work environment which highlights employees’ unique contributions to our company’s success.

As an equal opportunity employer, we welcome applications from all to help us build a diverse workforce which reflects the diversity of our customers, and communities, in which we live and serve.

Air Canada thanks all candidates for their interest; however only those selected to continue in the process will be contacted.

Company Details
Air Canada
7373 Boul. Cote-Vertu ouest
Saint-Laurent, Quebec H4S 1Z3 Canada
www.aircanada.com/careers
38 Open Jobs Available
Air Canada is Canada's largest airline and the largest provider of scheduled passenger services in the Canadian market, the Canada-U.S. transborder market and in the international market to and from Canada. In 2017, Air Canada together with its Air Canada...

Supported Manufacturers:
Airbus
Boeing
Embraer

Supported Models:
A330, A320
767, 777, 787, 737 MAX 8
E190
(Job and company information not to be copied, shared, scraped, or otherwise disseminated/distributed without explicit consent of JSfirm, LLC)
Job Info
Location
DORVAL, Quebec, Canada
Type
Permanent
Company Details
Air Canada
7373 Boul. Cote-Vertu ouest
Saint-Laurent, Quebec H4S 1Z3 Canada
www.aircanada.com/careers
38 Open Jobs Available
Air Canada is Canada's largest airline and the largest provider of scheduled passenger services in the Canadian market, the Canada-U.S. transborder market and in the international market to and from Canada. In 2017, Air Canada together with its Air Canada...

Supported Manufacturers:
Airbus
Boeing
Embraer

Supported Models:
A330, A320
767, 777, 787, 737 MAX 8
E190

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