OUR COMPANY BACKGROUND & CULTURE
UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 46,000 members across six universities and nineteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for growth, our doors are open to all Ontario universities.
UPP is recognized as one of Greater Toronto’s Top Employers for 2026. Together, we’re a team of progressive thinkers and agile doers operating within a fast-paced culture of collaboration and respect. We believe in bringing smart and capable people together to create, solve, and grow with a clear shared vision and values of integrity, inclusivity, ingenuity, and impact.
Our culture is intentionally welcoming and purposefully rooted in equity, diversity, inclusion, and reconciliation (EDI&R). We believe diverse teams, perspectives, and lived experiences contribute to better decisions and a better workplace.
As a pension plan, UPP approaches investing through a long-term lens to generate and safeguard value. Our commitment to investing responsibly accounts for material risks that impact our investment portfolio to generate sufficient risk-adjusted returns to meet the pension needs of our members.
Join us in building a bright future for our members, our organization, and each other.
THE ROLE
Reporting to the Director, Enterprise Risk Management, and partnering closely with the Associate Director, Enterprise and Operational Risk Management, the Manager, Enterprise and Operational Risk Management will play a key role in advancing UPP’s enterprise-wide risk capabilities. This role supports the execution and continuous improvement of the organization’s Enterprise Risk Management (ERM), Operational Risk Management (ORM), and Business Continuity Management (BCM) programs, including crisis management.
In this role, you will drive effective risk practices across UPP through strong partnership, risk insight and program execution to guide UPP in smart risk management and informed decision-making.
The mandate for UPP’s Manager, Enterprise and Operational Risk Management is to deliver against a portfolio of work to maintain and enhance the ERM, ORM and BCM programs. Responsibilities include managing key program elements, including risk reporting, maintaining risk appetite measures, integrating ORM into business processes, and championing BCM and crisis programs. This role will require close cross-functional collaboration across teams, including our investments division.
This role is based in downtown Toronto under a hybrid work policy, allowing employees the flexibility to work remotely and in-office (min two days per week in-office).
This job posting is for an existing vacancy.
SPECIFIC ACCOUNTABILITIES
ERM Program
- Maintain and enhance ERM frameworks, methodologies, policies, and procedures, as required
- Support regular refreshes of UPP’s risk appetite and risk tolerance statements and related reporting
- Produce regular enterprise risk reporting and dashboards to support decision-making
- Collaborate and influence across the organization to help build awareness and capabilities in the areas of ERM to drive forward a common enterprise-wide approach
- Identify and implement efficiencies within the risk management framework and processes
- Advance ERM systems and tools to support an integrated view of risk, enhance risk reporting, provide risk insights and ensure consistency in risk practices
ORM Program
- Implement and maintain ORM methodologies, including risk and control self assessments (RCSA), risk metrics, reporting and dashboards to support effective risk governance and decision-making
- Drive the integration of ORM practices into business processes, change initiatives, and vendor management activities, while strengthening stakeholder capability, risk data and process improvement
BCM Program
- Maintain and enhance UPP’s BCM testing regime to evaluate and enhance response and recovery strategies, and strengthen organizational resilience during a business disruption
- Support the continuous improvement of the crisis management program and crisis response plans to enable effective coordination and communication during a critical event
- Working with BCM Critical Process Owners, champion the annual refresh of plans and supporting documentation, and maintain the UPP enterprise BCM plan
QUALIFICATIONS & EXPERIENCE
- Minimum 5+ years risk management experience including in ERM and ORM, and experience managing BCM, disaster recovery and/or crisis management program is an asset
- Ability to foster an open dialogue by bringing a track record of establishing a partnership mindset and culture that embraces healthy challenges, influencing collaboratively and constructively with leaders across the organization to make the best possible decisions for UPP
- Experience managing comprehensive enterprise-wide risk frameworks with comprehensive processes for insight, controls, and adaptability
- Experience in pensions, capital markets, and/or asset management, including understanding of multi-asset management is an asset
- Bachelor or Master’s degree (BSC, MSc, MBA or equivalent). Specialization in business, risk management, finance, mathematics or engineering is ideal.
ATTRIBUTES
- Ability to build buy in and influence change across the organization at all levels
- Self-motivated with a hands-on attitude
- A lifelong learner with keen interest in learning, applying new business practices, and leading technologies
- A strong communicator both in written and verbal communication
- Pro-active problem solver
- Ownership mindset
- Commitment to excellence
EXPECTED COMPENSATION
The expected compensation for this role is an annualized base salary in the range of $85,600 to $135,600. This range reflects the expected range for new hire base salaries and is subject to change and may be modified in the future.
You may also be eligible for a variable incentive depending on organizational, divisional and personal performance. The final total compensation offered will vary depending on your skills, experience and other factors.
LIFE AT UPP
Do work that matters. We are duty-bound to serve our members’ interests, and it’s a responsibility we don’t take lightly. That’s why we’ve ingrained sustainability in our work from day one—to ensure our members have a resilient future to retire into, both today and for generations to come.
Stronger together. Collaboration is how UPP was born, and it’s how we work with each other and our partners day in, day out. No one at UPP is just a number (even if they are excellent at math) and every win is a shared win.
Grow every day. You’ll have the opportunity to work on unique, once-in-a-career projects that maximize your skill set and probably teach you some new ones—at any stage in your career.
Prioritize wellness. At UPP, wellness takes many forms. Ultimately, it’s about ensuring our people are cared for in the ways that matter to them. Check out some highlights of our inclusive employee-focused benefits program including:
- Defined benefit pension plan
- Flexible hybrid work model
- Paid time off – vacations, personal days and wellness days
- Work remotely up to eight weeks/year
- Comprehensive group benefits including medical, dental, vision, etc.
- Extended paramedical and mental health service coverage
- Health care and lifestyle spending accounts
- Fertility treatments, paid parental leave, and gender affirmation coverage
- Education Assistance program
This posting will remain open for a minimum of seven (7) days and will remain open until a sufficient number of qualified applications are received or finalist candidates have been identified.
Artificial intelligence (AI) tools may be used to support certain stages of the recruitment process, including sourcing, screening, and assessment. All hiring decisions involve human review and intervention by UPP employees.
UPP enthusiastically welcomes applications from all qualified applicants and especially invites people with lived experience as an Indigenous person, a person with a disability or as a member of another Human Rights Code protected group that faces barriers to employment to apply. Our goal is to create a barrier-free experience for every candidate throughout the recruitment process.
UPP respects your privacy. For information on how UPP handles the personal information you provide during the application process, please see our Job Applicant Privacy Statement.
