Risk Analyst - Internal Auditor (Toronto)

Risk Analyst – Control Advisory & Compliance

Our client, a leading financial institution, is seeking a Risk Analyst – Control Advisory & Compliance.

This role sits within the Risk Management function and supports multiple Risk Lines of Business (LOBs) by strengthening internal controls, regulatory compliance, and enterprise risk management practices. The position offers strong exposure to control advisory, audit, compliance frameworks, and cross‑functional stakeholder collaboration.

Responsibilities

• Act as a Control Advisor supporting Risk LOBs in identifying, documenting, and enhancing controls related to regulatory and compliance risks.
• Perform control testing and internal audits to assess the effectiveness of risk mitigation strategies and adherence to regulatory frameworks.
• Collaborate with stakeholders across Risk Management, Audit, and Compliance to align control activities with enterprise risk objectives.
• Analyze operational, legal, market, credit, strategic, and liquidity risks to support informed business and risk decisions.
• Develop and maintain detailed documentation for control processes, risk assessments, audit findings, and remediation plans.
• Provide recommendations for control enhancements, process improvements, and risk mitigation initiatives based on audit results and analysis.
• Support the implementation of control frameworks and contribute to the development of risk policies, standards, and procedures.
• Monitor regulatory changes and assess their impact on existing controls, risk management practices, and compliance requirements.

Must-Have Skills

• 5–7 years of qualified experience in risk management, internal audit, or regulatory compliance.
• Minimum 3 years of hands‑on experience in internal audit and control testing.
• Experience acting in a control advisory role within Risk Management and Audit environments.
• Strong background in risk identification, assessment, and mitigation strategies.
• Solid understanding of regulatory compliance frameworks and control requirements.
• Strong analytical, documentation, and reporting skills with clear communication abilities.

Nice-to-Have Skills

• Professional certifications such as CPA, CIA, CFA, or equivalent.
• Experience working within large financial institutions or regulated environments.