Your Opportunity Reporting to the VP, Chief Risk Officer, the Senior Lead, Commodity Risk Operations is accountable for the enablement and delivery of Commodity Risk services and ensuring the ...
Your Opportunity Reporting to the VP, Chief Risk Officer, the Senior Lead, Commodity Risk Operations is accountable for the enablement and delivery of Commodity Risk services and ensuring the ...
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CEO of Systemic Trust
Calgary, AB ยท On-site
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CEO of Systemic Trust
Calgary, AB ยท On-site
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Lead Risk Manager, Payment Fraud
Calgary, AB ยท Hybrid
$150K - $180K/yr
Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to CEO | LMIA / PNP sponsorship available About the Client Our client is one of Canada's fastest ...
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Lead Risk Manager, Payment Fraud
Calgary, AB ยท Hybrid
$150K - $180K/yr
Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to CEO | LMIA / PNP sponsorship available About the Client Our client is one of Canada's fastest ...
Lead Risk Manager, Payment Fraud
Calgary, AB ยท Hybrid
$150K - $180K/yr
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Lead Risk Manager, Payment Fraud
Calgary, AB ยท Hybrid
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Calgary, AB ยท Hybrid
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Calgary, AB ยท Hybrid
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Calgary, AB ยท On-site
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Chief Risk Officer Insurance information
See Calgary, AB salary details
$25K - $45.5K
15% of jobs
$45.5K - $66K
5% of jobs
$85.5K is the 25th percentile. Wages below this are outliers.
$66K - $86.5K
5% of jobs
$86.5K - $107K
5% of jobs
$107K - $127.5K
7% of jobs
The median wage is $141.4K / yr.
$127.5K - $148K
18% of jobs
$148K - $168.5K
11% of jobs
$168.5K - $189K
7% of jobs
$190.8K is the 75th percentile. Wages above this are outliers.
$189K - $209.5K
15% of jobs
$209.5K - $230K
5% of jobs
$230K - $250.5K
6% of jobs
$25K
$141.8K
$250.5K
How much do chief risk officer insurance jobs pay per year?
What is a Chief Risk Officer Insurance job?
A Chief Risk Officer (CRO) in the insurance industry is responsible for identifying, assessing, and mitigating risks that could impact the company's financial stability and operations. They develop risk management strategies, ensure regulatory compliance, and oversee enterprise risk management programs. The CRO collaborates with senior executives to align risk policies with business objectives and protect the organization from potential threats. Their role is crucial in maintaining solvency, managing underwriting risks, and preparing for unforeseen events that could affect the company's performance.
What are the typical daily responsibilities of a Chief Risk Officer in the insurance industry?
As a Chief Risk Officer in insurance, your daily responsibilities typically include analyzing and monitoring the organization's risk exposure, collaborating with business units to develop risk mitigation strategies, and ensuring compliance with regulatory requirements. You will regularly review risk reports, assess emerging risks, and present findings to executive leadership or the board. The role often involves leading a team of risk professionals and coordinating efforts across underwriting, claims, legal, and finance. These cross-departmental interactions help ensure that risk management aligns with the overall business strategy and regulatory expectations.
What are the key skills and qualifications needed to thrive in the Chief Risk Officer Insurance position, and why are they important?
To thrive as a Chief Risk Officer in insurance, you need deep expertise in risk management, financial analysis, regulatory compliance, and a relevant advanced degree such as in finance, actuarial science, or business. Familiarity with risk assessment software, data analytics tools, and certifications like FRM (Financial Risk Manager) or CPCU are highly valuable. Exceptional leadership, strategic thinking, and strong communication are vital soft skills for guiding cross-functional teams and engaging with executives. These skills ensure the effective identification, mitigation, and communication of risks, safeguarding the company's financial health and regulatory standing.
Full-time
Posted 27 days ago
Job description
A little about Capital Power
Capital Power (TSX: CPX) is dedicated toPowering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.
Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter - we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!
Your Opportunity
Reporting to the VP, Chief Risk Officer, the Senior Lead, Commodity Risk Operations is accountable for the enablement and delivery of Commodity Risk services and ensuring the commercial impact of these, across an integrated S&T operation. This role leads a focused team and will have a combination of direct and indirect authority to deliver crossfunctional orchestration of commodity risk commercial enablement activities in alignment with enterprise direction, approved priorities, and supporting governance structures.
This role owns the endtoend readiness and throughput required to operationalize new trading initiatives, with a primary focus on accelerating the New Initiative Approval Process (NIAP) and reducing timetomarket for new products, markets, and trading strategies.
You will contribute to our team by:
Responsibilities:
Establishing strategic direction
Support the Chief Risk Officer in the definition and execution of the Commodity Risk Operations operating model by translating enterprise direction, S&T commercial ambition and corporate risk appetite into practical standards, team capabilities, readiness criteria, and clear crossfunctional handoffs.
Commercial enablement
Orchestrate priorities and interdependencies across Trading, Market Risk, Product Control, Trade Control, and other supporting/enabling functions. Drive alignment without direct authority, to deliver on key priorities and escalate unresolved tradeoffs in a timely manner, as required.
Lead the endtoend orchestration of the new initiatives process, ensuring delivery, to Front Office, of an effective, crossfunctional outcomes-focused service. This includes interaction across legal, compliance, systems, risk functions, and operations.
Drive material reductions in support function cycle times by removing structural, process, and capability bottlenecks and shifting enablement from sequential to parallel execution.
Continuous Improvement
Strengthen Commodity Risk capability and scalability by establishing a culture and supporting processes that drives simplification, standardization, automation, and enterprise change initiatives.
Team Leadership
Design and sequence the Commodity Risk Operations organizational structure to ensure capability is built at the right time and scale to support Front Office and wider Middle Office / support function execution, growth, and evolving trading strategies.
What you will bring to the role
Education:
Postsecondary degree in Finance, Business, Economics, Engineering, or a related field.
Advanced or professional designation an asset (e.g., CFA, FRM, PRM, MBA).
Experience:
10+ years of experience in trading, risk management, middle office, or related functions within energy, commodities, or financial markets.
Demonstrated experience leading complex, crossfunctional initiatives in regulated environments.
Proven track record of improving operating models, accelerating execution, and scaling enterprise capabilities.
Knowledge, Skills & Abilities
Deep understanding of trading lifecycles and middle office enablement requirements.
Strong knowledge of ETRM platforms, control frameworks, and operating model design.
Exceptional ability to influence without direct authority.
Strong strategic thinking paired with handson execution capability.
Excellent communication, change and thought leadership, and problemsolving skills.
Working Conditions:
Hybrid Office/Work from home position, with possible very minimal travel to meet business users at Capital Power facilities or other offices
Location: Calgary, AB
How To Apply and Next Steps
Capital Power only accepts resumes via online application atwww.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.
Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contactingcareers@capitalpower.com.
Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.
Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.