Process Analyst III

ICONMA; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading banking service provider is looking for a Process Analyst III in Toronto, ON. The role involves leading the development and testing of internal processes to enhance compliance and effectiveness. Candidates should have a university education and 5 years of experience in risk or audit. You will work on improving processes, developing action plans for control gaps, and collaborating with stakeholders. This position offers health benefits and advancement opportunities.

Benefits

Health Benefits

Referral Program

Growth opportunities

Qualifications

• 5 years of relevant experience in Risk, Audit, or Compliance.
• Advanced knowledge of governance and control procedures.
• Ability to analyze and prioritize work while meeting deadlines.

Responsibilities

• Lead the development of testing programs to detect internal gaps.
• Conduct ongoing testing of key controls across client businesses.
• Assist client businesses in developing action plans for control gaps.

Skills

Analytical skills

Communication skills

Team collaboration

MS Excel proficiency

Risk assessment

Education

University education

Tools

Visio

PowerPoint

Analytical software

Job description

Our Client, a Banking company, is looking for a Process Analyst III for their Toronto, ON/Hybrid location.

Responsibilities:

• Lead and assist in the development of Design and Operating effectiveness of Testing programs that will effectively and efficiently detect gaps in internal processes/controls. Understand and apply sampling methodology in accordance with client sampling guidelines.
• Conduct ongoing testing of key controls/requirements for all client Businesses. Ensure that exceptions are appropriately analyzed, reported, and tracked to resolution.
• Lead and assist with assessing Key Risk Indicators to identify opportunities to enhance the program.
• Lead and assist client Businesses in developing action/remediation plans to address internal control gaps as well as the root cause themes.
• Lead the identification of opportunities to improve processes, identifying and realizing efficiencies in testing (where possible) and delivering a better testing experience to client Businesses.
• Work with business stakeholders to develop or enhance key controls and remediate documentation/process gaps to reduce risks with 2nd line function support.
• Assist with ad-hoc initiatives and strategies from a risk and control perspective.
• Contribute to and promote positive working relationships by effectively communicating and regularly sharing information, issues/points of interest, learnings, and knowledge with the team.

Requirements:

• University education
• 5 years of relevant experience (Risk, Audit, Compliance preferred)
• Advance knowledge of governance, risk and control procedures, strategies & tactics
• Prior audit experience, quality control testing experience, or familiarity with client testing methodology
• Knowledge of current and emerging trends
• Skill in using analytical software tools, data analysis methods and reporting techniques is an asset
• Skill in using computer applications, including MS Excel (formulas) , PowerPoint, Visio, and Word
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships
• Ability to work successfully as a member of a team and independently
• Ability to exercise sound judgement in making decisions
• Ability to analyze, research, organize and prioritize work while meeting multiple deadlines
• Ability to process and handle confidential information with discretion
• Understanding of client business operations and processes is an asset

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities

As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.