Risk Analyst

Empire Life; Toronto; Hybrid; CAD 55,000 - 99,000; Full time

Job summary

A financial services company in Ontario is seeking a detail-oriented Risk Analyst to support various risk management initiatives. The candidate will develop risk management tools, ensure compliance with regulations, and communicate effectively with stakeholders. The ideal applicant should have a degree in a relevant field and 1-2 years of experience in risk assessment. This position offers a competitive salary range of $55,968 - $98,580, along with a comprehensive benefits package including annual bonus opportunities and flexible work arrangements.

Benefits

Annual bonus program

Comprehensive health benefits

Flexible work arrangements

Four weeks vacation

Qualifications

• 1 to 2 years risk assessment oriented experience within Financial Services.
• Ability to plan and prioritize multiple tasks.
• Commitment to professional development.

Responsibilities

• Develop and maintain risk management processes.
• Research and analyze risk management issues.
• Ensure compliance with regulatory requirements.

Skills

Risk assessment experience

Communication skills

Detail-oriented

Creative problem solver

Knowledge of Power BI

Education

University degree in Mathematics, Statistics, Computer Science, Business, or Economics

Tools

Microsoft Office Suite

Power BI

Job description

Risk Analyst

Location: Hybrid, Kingston, York Mills

Empire Life is looking to hire a Risk Analyst to join our Risk Management team! If you are detail-oriented, creative, and enjoy solving problems, this may be the role for you. As the Risk Analyst, you will support risk management initiatives, coordinate major elements of the enterprise risk management program including risk identification and assessment procedures, monitor internal compliance, and recommend and action changes. You will work independently and in collaboration with relevant business stakeholders, with defined goals, reporting to the Director & Actuary, Risk Management.

The total target compensation (TTC) range, including salary and target bonus, is $55,968 - $98,580. This TTC range is applicable to permanent roles only; fixed-term contract and casual roles are not eligible for annual bonus and would receive only the base salary component.

Why pursue this opportunity

1. Our mission - Provide expertise and intelligent solutions to help Canadians navigate life with confidence.
2. Join a transforming business - we are a medium-sized Canadian company in a stable industry which is rapidly transforming.
3. Impactful work - get the opportunity to work on meaningful projects that have a positive impact on our customers, our company, and society as a whole

What you’ll be working on

• You will develop, execute, analyze and maintain risk management processes and tools to support business goals and objectives of the Risk Management department and broader enterprise risk management program.
• You will research and analyze risk management issues, develop risk metrics and trending analysis, provide guidance on methods and solutions to support business strategy development under the direction of senior team members.
• Use best practices and knowledge of internal or external business issues to enhance and continue to evolve the risk management program.
• Develop precise and thorough documentation for the processes that support risk management
• Effectively communicate and collaborate with line management and senior leaders to support the development, delivery and promotion of risk management programs.
• Ensure compliance with current and emerging regulatory and governing requirements by reviewing existing processes and leading initiatives to ensure continued compliance.
• Coordinate cross-functional and inter-departmental tasks to support the company’s business continuity management program

What we’re looking for you to have

• 1 to 2 years risk assessment based work experience within the Financial Service industry (audit, actuarial, accounting, compliance, operations).
• Ability to plan and prioritize multiple initiatives and work with relevant business stakeholders.
• Active listener / excellent communication skills.
• Detail-oriented and strong self-initiative with ability to take ownership of challenges and take appropriate action.
• Creative problem solver.
• Advanced knowledge of word processing, spreadsheet, database software and Power BI
• Completion of a university degree in a program such as Mathematics, Statistics, Computer Science, Business, or Economics.
• Commitment to continue professional development to support career progression and role competency.

Our hiring process includes AI screening for keywords and minimum qualifications. Recruiters review all results.

Beyond the salary

For permanent full-time positions, Empire Life offers a comprehensive total rewards package that includes:

• Competitive salaries with annual pay increases
• Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
• Competitive commission for sales positions
• A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, disability, health and dental and a generous health account
• Flexible work arrangements and an annual allotment of personal health days.
• Four weeks annual vacation from hire date
• A defined contribution pension plan with generous employer matching
• Top up programs for parental leave and compassionate leave
• Employer-sponsored wellness and recognition programs
• A cash employee referral program

To learn more about working at Empire Life, visit https://www.empire.ca/workatempire.

Get to know us

Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.

Empire Life welcomes applications from people with disabilities and disabled people. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format or have any accessibility questions, please contact [e-mail].