Risk Analyst, Enterprise Risk

Altis Technology; Toronto; On-site; CAD 80,000 - 90,000; Full time

Job summary

Altis Recruitment seeks an experienced Senior Risk Analyst for a permanent, full-time role in Toronto, ON. The position supports the Enterprise Risk Management program within a Canadian financial institution, focusing on risk oversight, control testing, policy development, and issue remediation.

You will collaborate with partners across the organization to strengthen risk practices and reporting to senior management and the Board.

Qualifications

• Bachelor’s degree in finance, accounting, audit, business, or related discipline.
• Minimum of five years’ experience in risk management, internal audit, controls, or related function in financial services.
• Strong understanding of enterprise risk management principles, methodologies, and three-lines model.
• Experience with risk assessments, evaluating controls, or control testing.

Responsibilities

• Support execution, oversight, and enhancement of Enterprise Risk Management program.
• Maintain ERM frameworks, policies, procedures, and practices through regulatory research.
• Provide guidance and advisory support for Risk and Control Self-Assessments and related activities.
• Develop understanding of the organization’s business model, structure, operations, and risk environment.
• Contribute to risk reporting for senior management, the Board, and committees.
• Identify changes in risk management KPIs, KRIs, exposures, and emerging trends.
• Evaluate adequacy of internal controls and work with units to strengthen risk practices.

Skills

Analytical skills

Critical thinking

Stakeholder management

Communication skills

Education

Bachelor’s degree in finance or related field

Job description

Location: Toronto, ON, 3 days in office
Job Type: Full-time, permanent
Salary: $80,000$90,000
Language: Excellent written and verbal English communication skills

About the Opportunity

Are you an experienced risk professional who enjoys strengthening enterprise risk programs, evaluating internal controls, and helping business leaders make informed decisions?

We are partnering with a well-established Canadian financial institution seeking a Senior Risk Analyst to support the execution and continued enhancement of its Enterprise Risk Management program.

Reporting to the Manager, Enterprise Risk Management, you will contribute to risk oversight, control testing, risk assessments, policy development, issue remediation, and reporting for senior management, the Board, and its committees.

As a member of the second line of defence, you will work closely with partners across the organization to identify and assess risk, evaluate the effectiveness of controls, provide thoughtful and constructive challenge, and improve risk management practices. This opportunity is well suited to someone who combines strong analytical capabilities with sound judgment, clear communication, and a collaborative approach.

Whats In It for You

Join an established, purpose-driven Canadian financial institution with a strong commitment to its members, customers, and communities.

Gain broad exposure to enterprise risk activities within both a credit union and banking environment.

Contribute to high-visibility risk reporting and initiatives supporting senior management, the Board, and Board committees.

Work across a diverse risk portfolio that includes RCSAs, control testing, third-party risk, incident management, model risk, and risk appetite.

Help improve ERM frameworks, reporting practices, processes, and tools.

Build trusted relationships with business leaders and contribute to enterprise-level risk decisions.

Your Responsibilities

Support the execution, oversight, and continued enhancement of the organizations Enterprise Risk Management program.

Assist with maintaining and updating ERM frameworks, policies, procedures, and practices through regulatory and industry research.

Provide guidance, advisory support, effective challenge, and system training to business participants involved in Risk and Control Self-Assessments, Third-Party Risk Assessments, Incident Management, and Model Risk Management.

Develop a strong understanding of the organizations business model, structure, operations, and risk environment.

Build trusted relationships with business partners and serve as a subject-matter resource for enterprise risk management.

Contribute to clear and effective risk reporting for senior management, the Board, and its committees.

Monitor and identify notable changes in risk management KPIs, KRIs, exposures, and emerging trends.

Support the assessment of risks and exposures against Board-approved risk appetite statements and policies.

Evaluate the adequacy of internal controls and work with business units to strengthen control and risk management practices.

Contribute to risk management control-testing programs, including documenting findings and preparing testing reports.

Work with control owners to develop appropriate remediation plans for identified issues.

Track, monitor, and validate the remediation of findings arising from control testing and risk assessments.

Contribute to Risk Management Department projects, process improvements, and enterprise initiatives.

Independently prioritize and manage multiple assignments while maintaining accuracy, professionalism, and sound judgment.

Skills and Qualifications

A bachelors degree in finance, accounting, audit, business, or another related discipline.

At least five years of experience in risk management, internal audit, controls, or a related function within the financial-services industry.

A strong understanding of enterprise risk management principles, methodologies, and the three-lines model.

Experience conducting risk assessments, evaluating internal controls, or performing control testing.

Direct experience supporting an Enterprise Risk Management program is considered an asset.

Experience with RCSAs, KRIs, risk appetite monitoring, incident management, third-party risk, or model risk is an asset.

Previous experience preparing risk reporting for executives, senior management, the Board, or Board committees is an asset.

Knowledge of Canadian banking operations, credit unions, the Bank Act, credit-union legislation, or related regulatory requirements is an asset.

A professional designationor progress toward onein risk management, accounting, internal audit, or finance is an asset.

Strong analytical and critical-thinking skills, with the ability to translate complex information into practical recommendations.

Excellent relationship-building, advisory, and stakeholder-management abilities.

The confidence and professional judgment to provide credible, constructive challenge to business partners.

Strong organizational skills and the ability to manage competing priorities with limited supervision.

Proficiency with Microsoft Word, Excel, and PowerPoint.

Note from the Hiring Manager

The successful candidate will be a collaborative and credible risk professional who can balance strong technical knowledge with a practical, business-focused approach. This person will be expected to work independently, build trusted relationships across the organization, and provide thoughtful challenge that helps strengthen decision-making and risk management practices.

Why Partner with Altis?

At Altis Recruitment, our team is committed to understanding your experience, career goals, and what matters most to you in your next opportunity. We provide transparent communication, thoughtful guidance, and support throughout the recruitment process.

We welcome applications from qualified candidates and are committed to creating an inclusive and accessible recruitment experience. Accommodations are available throughout the hiring process upon request.

We appreciate the time and effort all applicants invest in their submissions. Please note that only candidates shortlisted for this role will be contacted directly. However, your profile will remain under consideration for future opportunities that align with your experience and career goals.All qualified applicants will receive fair consideration for employment. We welcome individuals of all backgrounds, experiences, and identities including those who identify as women, members of racialized groups, Indigenous Peoples, persons with disabilities, and 2SLGBTQIA+ communities. If you require an accommodation, please review ouraccessibility policy and reach out to our accessibility officer with any questions. Our human recruiters review all applications and always make the final hiring decision. On occasion, we also use AI-assisted tools to help review applications.