Operational Risk Analyst

JOB DESCRIPTION

Location: Hybrid (Downtown, Toronto)

Duration: 12 months

Our client, a leading financial institution in Downtown Toronto, is looking for an Operational Risk Analyst to assist in maintaining and enhancing the Bank’s New Initiative Risk Assessment program documentation (e.g. NIRA Standard, Procedure, etc.), ensuring related tools and artifacts remain current and fit for purpose. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

• Support change management activities, and maintain and organize NIRA related communications, documentation, and training materials within SharePoint and other designated repositories, ensuring content is current, accessible, and consistently presented to stakeholders.
• Support and coordinate stakeholder inquiries related to the existing NIRA system, working closely with reporting and technology teams to facilitate remediation of issues (e.g. system bugs, new functionality requests, etc.).
• Assist in the transition of the NIRA system to a new eGRC platform by supporting development of system design requirements, including coordinating with relevant stakeholders, including Technology, eGRC Governance groups and other first and second line of defense teams to ensure that they are aligned with eGRC platform capabilities, methodologies and data model.
• Monitor and analyze NIRA KPI and Data Quality metrics and produce meaningful reporting and insights to support ongoing program monitoring, working in collaboration with stakeholders to identify trends, data quality issues, and areas requiring follow up or escalation.
• Provide support to other ongoing and ad hoc operational risk management initiatives and projects aimed at strengthening risk management practices and tools as needed.

Must-Have Skills:

• 4+ years of experience in risk management, operational risk, or compliance within a financial services or regulated environment, including risk assessment processes, and operation within a structured control and audit context.
• Excellent analytical skills, with experience, validating, analyzing data and supporting KPI and Data Quality (DQ) monitoring activities.
• Hands-on experience managing documentation and materials in SharePoint or similar repositories
• Proficiency with Microsoft Office tools (Excel, PowerPoint, Word)

Nice-To-Have Skills:

• Experience supporting large scale, cross functional initiatives, such as eGRC platform delivery or transformation efforts, requiring coordination across multiple stakeholder groups.
• Previous experience with Power BI
• Experience with NIRA (New Initiative Risk Assessment)

Soft Skills Required:

• Strong collaboration and communication skills, with the ability to work effectively with cross functional teams, and to prepare well structured documentation, and stakeholder communications.
• Strong execution and organizational skills, and the ability to manage multiple priorities with attention to detail and follow through.

Education:

• Bachelor’s degree in Business, Risk Management, or related field.

FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is 50/hr -62/hr. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.