Lead Business Analyst, Risk & Compliance

RBC; Toronto; On-site; CAD 110,000 - 150,000; Full time

Job summary

RBC is seeking an experienced Lead Business Analyst to drive risk and compliance initiatives across IT risk areas, including SDLC, architecture, and testing. You will analyze, document, and optimize compliance processes and develop reporting visibility for executives.

You will work with auditors and regulatory bodies, translate complex risks into business requirements, and help strengthen governance and audit readiness across the enterprise.

Qualifications

• 5-7 years of experience in business analysis, risk management, or compliance operations.
• Experience documenting complex business processes across multiple departments.
• Understanding of IT risk management frameworks and regulatory requirements.
• Experience with compliance tools, audit workflows, and reporting platforms.
• Excellent stakeholder management and cross-functional collaboration skills.
• Strong analytical skills with ability to translate technical risks into business recommendations.

Responsibilities

• Analyze the IT Risk Management Lifecycle across risk identification, impact assessment, and monitoring; document current state processes and identify improvement opportunities.
• Document and map enterprise-wide IT standards (e.g., SDLC requirements) across multiple lines of business; identify gaps and recommend remediation strategies.
• Coordinate with business units to analyze compliance requirements and ensure consistent standards application across the enterprise.
• Develop business requirements for risk management policies and compliance procedures aligned with organizational and regulatory requirements.
• Analyze data and recommend compliance dashboard/reporting infrastructure to provide real-time compliance visibility for executives and stakeholders.
• Conduct requirements analysis for compliance enablement strategies to identify and resolve blockers for technology projects.
• Research and recommend emerging technologies (AI/ML) to enhance risk identification and compliance processes.
• Assess compliance effectiveness through regular reviews and audits; recommend process improvements and governance enhancements.
• Liaise with internal stakeholders, auditors, and regulatory bodies to understand compliance requirements and define business solutions.

Skills

Agile Methodology

Business Data Analysis

Business Process Modeling

Commercial Acumen

Communication

Critical Thinking

Decision Making

Group Problem Solving

Interpersonal Relationship Management

Requirements Analysis

Education

CISA

CISM

CBAP (IIBA)

Job description

Job Description

We are seeking an experienced business analyst to join our team as a Lead Business Analyst, Risk & Compliance. In this role, you will be responsible for analyzing, documenting, and optimizing compliance processes across IT Risk areas including Enterprise Architecture, Technology Innovation, Source Code Management, System Development Lifecycle, and System Testing. As a key member of the compliance operations team, you will identify compliance gaps, assess business impact, and recommend solutions to strengthen our organization’s IT governance and audit readiness.

You will analyze and document enterprise-wide IT standards, define compliance requirements across multiple business lines, and develop comprehensive reporting infrastructure to provide executives and stakeholders with compliance visibility.

What will you do?

• Analyze the IT Risk Management Lifecycle across risk identification, impact assessment, and monitoring; document current state processes and identify improvement opportunities
• Document and map enterprise-wide IT standards (e.g., SDLC requirements) across multiple lines of business; identify gaps and recommend remediation strategies
• Coordinate with business units to analyze compliance requirements and ensure consistent standards application across the enterprise
• Develop business requirements for risk management policies and compliance procedures aligned with organizational and regulatory requirements
• Analyze data and recommend compliance dashboard/reporting infrastructure to provide real-time compliance visibility for executives and stakeholders
• Conduct requirements analysis for compliance enablement strategies to identify and resolve blockers for technology projects
• Research and recommend emerging technologies (AI/ML) to enhance risk identification and compliance processes
• Assess compliance effectiveness through regular reviews and audits; recommend process improvements and governance enhancements
• Liaise with internal stakeholders, auditors, and regulatory bodies to understand compliance requirements and define business solutions

What do you need to succeed?

Must-Have:

• 5-7 years of experience in business analysis, risk management, or compliance operations
• Strong experience documenting complex business processes across multiple departments
• Understanding of IT risk management frameworks and regulatory requirements
• Experience with compliance tools, audit workflows, and reporting platforms
• Excellent stakeholder management and cross-functional collaboration skills
• Strong analytical skills with ability to translate technical risks into business recommendations

Nice-to-Have:

• Certifications such as CISA, CISM, or Business Analysis (IIBA CBAP)
• Experience with SDLC and IT Architecture frameworks
• Experience analyzing compliance across multiple business lines
• Familiarity with agile development methodologies

Job Skills

Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-01

Application Deadline:

2026-12-25

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.