Director, Risk and Compliance at Telesat

Ottawa, Ontario, Canada

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Satellite Communications, TelecommunicationsIndustries

Requirements

Deep understanding of risk assessment
Deep understanding of legal requirements
Deep understanding of industry best practices
Deep understanding of internal control frameworks

Responsibilities

Develop and implement a comprehensive risk management framework
Identify, assess, and prioritize risks across all business functions
Collaborate with department heads to establish risk mitigation strategies
Ensure compliance with relevant laws, regulations, and industry standards
Monitor changes in the regulatory landscape and adapt policies accordingly
Conduct internal audits and assessments to verify compliance
Oversee the internal audit function, ensuring independence and effectiveness
Coordinate audit plans, risk assessments, and audit execution
Review audit findings and recommend corrective actions
Design, implement, and monitor internal control processes
Assess the effectiveness of controls related to financial reporting, operations, and compliance
Collaborate with cross-functional teams to strengthen control environments
Create and maintain risk management policies, procedures, and guidelines
Communicate policies to employees and provide training as needed
Promote a culture of compliance and ethical behavior
Present risk assessments and compliance updates to the board of directors
Assist the board in setting risk appetite and tolerance levels
Provide insights on strategic decisions from a risk perspective
Collaborate with external stakeholders, including regulatory bodies and auditors
Build strong relationships with internal teams to drive risk awareness
Represent the organization in industry forums and conferences
Foster a risk-aware culture throughout the organization
Encourage employees to report risks and near-misses promptly

Skills

Key technologies and capabilities for this role

Risk ManagementComplianceRegulatory ComplianceLeadershipGovernance

Questions & Answers

Common questions about this position

What compensation and benefits does Telesat offer for this role?

Telesat offers a competitive salary, comprehensive benefits package, opportunity for short-term incentives annually (bonus), DC pension plan, employee stock purchase plan (ESPP), employee discounts, and awards program.

Is this a remote position, or is there a location requirement?

This information is not specified in the job description.

What skills and experience are required for the Director, Risk and Compliance role?

The role requires a deep understanding of risk assessment, legal requirements, industry best practices, and internal control frameworks, along with expertise in developing risk management frameworks, regulatory compliance, internal audits, and internal controls.

What is the company culture like at Telesat?

Telesat offers a collaborative and inclusive work culture.

What makes a strong candidate for this position?

A strong candidate will have deep expertise in risk management, regulatory compliance, internal audit, and internal controls, with leadership experience in overseeing these functions and fostering a risk-aware culture.

Telesat

Global satellite operator providing connectivity solutions

About Telesat

Telesat operates in the satellite communications industry, providing connectivity solutions to various sectors including government, telecommunications, and enterprises. The company utilizes both geostationary (GEO) and low Earth orbit (LEO) satellites to ensure reliable global communications. Telesat's products include satellite capacity and consulting services, which are offered through long-term contracts and service agreements. A key feature of Telesat is its Lightspeed network, which uses advanced LEO satellites to deliver high-speed, low-latency connectivity. This focus on diverse applications, such as inflight connectivity and maritime services, sets Telesat apart from its competitors, as it addresses complex communication challenges across multiple industries.

Ottawa, CanadaHeadquarters

1969Year Founded

$30.7MTotal Funding

IPOCompany Stage

Automotive & Transportation, Consulting, AerospaceIndustries

501-1,000Employees

Benefits

Remote Work Options

Hybrid Work Options

Risks

Competition from SpaceX's Starlink could impact Telesat's market share.

Delays in Lightspeed's launch could lead to financial penalties or contract losses.

Reliance on government funding exposes Telesat to political and economic risks.

Differentiation

Telesat leverages both GEO and LEO satellites for comprehensive global communications.

The Lightspeed network offers high-speed, low-latency connectivity solutions.

Telesat serves diverse sectors, including maritime, aviation, and oil and gas.

Upsides

Growing demand for satellite internet boosts Telesat's Lightspeed project prospects.

Hybrid satellite-terrestrial networks offer Telesat integration opportunities for enhanced connectivity.

5G integration with satellite networks creates new business opportunities for Telesat.

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