IT Business Analyst - Operational Risk & GenAI

IT Business Analyst – Operational Risk & GenAI

Join a collaborative environment where technology, data, and business objectives come together to support operational risk initiatives. This hybrid role offers the opportunity to contribute to strategic projects, work with cross-functional teams, and participate in the delivery of innovative data-driven solutions.

What is in it for you:

• Salaried: $38 per hour.

• Incorporated Business Rate: $45 per hour.

• 6-month contract with the potential for permanent employment.

• Full-time position: 37.50 hours per week.

• Weekday schedule from 9 am to 5 pm.

• Hybrid: 3 days/week in Toronto office.

Responsibilities:

• Analyze and document business processes related to operational risk, including risk identification, assessment, and mitigation.

• Collaborate with stakeholders to elicit, define, and document business and functional requirements for Risk IT initiatives.

• Develop business requirement documents (BRDs) and functional specifications to support system enhancements and risk reporting.

• Apply relational data concepts to support source-to-target data mapping and document data flows for enterprise data lake ingestion and reporting solutions.

• Partner with Agile teams to support the delivery of risk-related solutions while ensuring alignment with business requirements and timelines.

• Conduct gap analysis and exploratory data analysis to identify improvement opportunities and support solution design.

• Work with stakeholders across business functions to align technology solutions with business strategies.

• Gather requirements from business units and communicate them to technical teams.

• Support complex business processes and contribute to multiple projects simultaneously.

• Serve as a liaison between business stakeholders and IT teams to deliver technical solutions that meet business needs.

What you will need to succeed:

• Bachelor’s degree in Information Technology, Computer Science, Business Administration, Business, Data Analytics, or a related field.

• MBA or other related advanced degree preferred.

• Certifications in Agile methodologies, business analysis, or risk management are considered an asset.

• 2-4 years of experience as an IT Business Analyst or in a related role.

• Demonstrated ability to translate business and technical requirements into clear documentation, including BRDs, process flows, and data mappings.

• Solid understanding of Agile delivery methodologies, including experience using Jira and working within Scrum teams.

• Strong SQL proficiency and data analysis skills.

• Working knowledge of enterprise data lake architectures and cloud-based data platforms.

• Familiarity with Azure data platforms and services, including Azure Data Lake Storage (ADLS), Azure Cosmos DB, Azure Synapse Analytics, and Azure Databricks.

• Experience with RSA Archer or similar GRC platforms.

• Familiarity with regulatory frameworks related to operational risk, including Basel and OSFI guidelines.

• Experience with data visualization and reporting tools such as Power BI or Tableau.

• Basic knowledge of programming languages sufficient to understand code and system functionality.

• Ability to create business solutions that support organizational objectives.

• Project management skills with the ability to manage multiple initiatives and meet deadlines.

• Ability to solve technical problems, understand complex processes, and research solutions using multiple information sources.

• Strong analytical, problem-solving, interpersonal, verbal communication, stakeholder management, and teamwork skills.

• Detail-oriented with the ability to adapt and learn in a dynamic environment.

Why Recruit Action?

Recruit Action (agency permit: AP-2504511) provides recruitment services through quality support and a personalized approach. As part of the screening process, some applications may be reviewed using artificial intelligence tools. Only candidates who meet the hiring criteria will be contacted.