Top Benefits
About the role
As Senior Advisor, Capital Adequacy, you play a strategic role within the Risk Management Executive Division. You actively contribute to the development and soundness of Desjardins Group’s internal capital adequacy assessment process (ICAAP) and that of its subsidiaries. As a capital adequacy expert, you play a key role in independently and objectively reviewing practices, methodologies and hypotheses underlying the ICAAP, including those related to economic capital. You also play a key role in aggregating and incorporating different contributions (risks, finance, scenarios) into the ICAAP, by ensuring the soundness, consistency and compliance of the approaches used, all while promoting continuous improvement. You work on complex, cross-sector files with a high strategic impact, acting as an influential leader and strategic business partner and advisor with multiple key players, including senior management and decision-making bodies. Your ability to exercise independent judgment, structure rigorous analyses and influence without hierarchical authority is essential in this role. More specifically, you will be required to:
- Coordinate the quarterly and annual assessment of the ICAAP for Desjardins Group and its subsidiaries
- Carry out an independent and objective review of the capitalization plan, target capital structure and capital adequacy
- Conduct an independent review of economic capital methodologies and ensure that they’re relevant and robust, and in line with regulatory expectations and best practices
- Oversee the drafting of the ICAAP report and make sure that it’s continuously updated
- Update and optimize the processes, roles, tools and controls related to the ICAAP
- Prepare files for internal committees, decision-making bodies and regulatory authorities
- Act as the main contact during regulatory audits and reviews, closely monitor and implement action plans in a timely manner, and take part in technical discussions with regulatory authorities
- Contribute to the team’s cross-sector work, including the recovery plan, resolution and capital monitoring.
What we offer*
- Competitive salary and annual bonus
- 4 weeks of flexible vacation starting in the first year
- Defined benefit pension plan that provides predictable, stable income throughout retirement
- Group insurance including telemedicine
- Reimbursement of health and wellness expenses and telework equipment
- Benefits apply based on eligibility criteria.
What you bring to the table
- Bachelor's degree in actuarial science, finance, administration or a related field
- A minimum of six years of relevant experience in risk management, ideally in the financial sector
- Please note that other combinations of qualifications and relevant experience may be considered
- Experience working in a complex environment, managing multiple files at the same time and meeting tight deadlines
- Knowledge of French is required
- Expertise in integrated risk management, including capital adequacy
- Strong written and verbal communication skills, including drafting and presenting at the executive level
- Knowledge of regulatory frameworks applicable to financial institutions in Quebec and Canada as a whole
Communicates effectively, Interpersonal Savvy, Persuades, Plans and aligns, Situational adaptability, Strategic mindset
Trade Union (If applicable)
At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.
If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!
Job Family
Risk management (FG)
Unposting Date
2026-06-10