Operational Risk Management Co-op

Referred applicants should not apply directly to this role.

All referred applicants must first be submitted through Workday by a current Loblaw Colleague.

Location:

500 Lake Shore Boulevard West, Toronto, Ontario, M5V 2V9

When you hire great people, great things can happen. 

PC Financial offers unprecedented value to Canadians through payment products. We're a different kind of bank with a different type of team—we’re collaborative and supportive and have the freedom and responsibility to thrive. Our purpose is to make the everyday simple and better for our customers, and we strive to make every dollar worth more.

Proudly serving over 3 million customers, PC Financial continues to grow by offering payment solutions and services that reward our customers every day. As a subsidiary of Loblaws Company Inc., we share the CORE values of Care, Ownership, Respect and Excellence. We are dedicated to helping Canadians Live Life Well. Join us on our journey.

Summer 2026 Work Term

Term Length: 4 months

Term Start: May 4, 2026

Term End: August 21, 2026

The pay range for the co-op student role will reflect factors such as the candidate's experience, academic level, and the specific skillset required for the role.

Why This Position is Important:

In this co-op position, you will collaborate and work closely with various business stakeholders (e.g., Credit Risk, Sales, Product, Central Operations, etc.) within PC Bank, to manage third party risk. This position will assist the Manager of Third Party Risk Management (TPRM) to implement processes, controls and systems (e.g., ongoing monitoring, third party assessments, governance meetings, etc.) to ensure PC Bank is effectively managing their TPRM program and is aligned with the Office of the Superintendent of Financial Institutions (OSF)I regulations.  

This is an opportunity to learn more broadly about PC Bank by helping to manage our third parties and make connections to the business strategies, products, and operations. You will get the chance to meet with some of our critical third parties, while getting hands-on experience in non-financial risk management. 

What You Will Do:

• Attend and help document minutes for management level third party governance meetings, 
• Review and assist with scoring third party inherent risk, criticality and due diligence assessments,
• Work alongside the Manager, TPRM, to enhance the overall program and ensure alignment to the OSFI’s B-10 Guideline,
• Assist in the collection and reporting of data for the monthly Operational Risk Management Committee, which includes Executive team members,
• Develop and prepare an agenda for third party onsite visits, 
• Assist in the creation of critical third party contingency plans,
• Develop and manage relationships with key stakeholders to provide ongoing, support of the Bank’s third party risk management program, and
• Address ad-hoc requests and prepare reports, as required.

What Skills and Assets You Will Need: 

• Experience in Finance / Risk Management, would be considered a strong asset
• Proficient with Microsoft Office (Word, Excel, PowerPoint, etc.)
• Strong analytical and conceptual thinker with the proven ability to solve problems and make decisions based on qualitative and/or quantitative analysis
• Organized and excellent time management skills
• Team player, with strong social skills 
• Positive demeanor – eager to learn and provide suggestions to enhance our processes

Come and join a winning team who demonstrates innovation, energy, creativity and vision.  We recognize the importance of a diverse workforce and we therefor encourage applications from Aboriginal Peoples, women, members of a visible minority and persons with a disability.  We thank all applicants for their interest, however, only those selected for an interview will be contacted.

Number of Openings:

1

PC Financial recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and colleagues with disabilities.

In addition, we believe that compliance with laws is about doing the right thing.  Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.

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