Risk Analyst – Intermediate – Governance & Controls *2

Ifg Global; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

Ifg Global is seeking an experienced Risk Analyst in Toronto for a 12-month contract. Hybrid work arrangement requires 2 days onsite weekly and full-time scheduling, starting ASAP or by November 1, 2026.

The role focuses on control testing, audit support, and regulatory compliance, with testing design and evidence documented in eGRC. You will work with Risk Management to identify gaps and drive improvements.

Qualifications

• 3–5 years of hands-on control testing experience.
• Experience in internal and/or external audits.
• Strong knowledge of control testing, design, and operating effectiveness.
• Proven ability to identify control gaps and deficiencies.
• Excellent written and verbal communication with stakeholders.
• Analytical and detail-oriented with strong organizational skills.
• Ability to work independently and with a team.
• Time management and prioritization skills.

Responsibilities

• Perform control testing across Risk Management per annual testing plan.
• Manage portfolios of controls and execute testing per policies.
• Determine sample sizes and testing approaches.
• Assess design adequacy and operating effectiveness of key controls.
• Document results and evidence in eGRC.
• Identify control gaps and potential issues.
• Collaborate with Risk Management stakeholders and control owners.
• Communicate findings and recommendations to stakeholders.
• Support process improvements and control efficiencies.
• Manage timelines and deliverables across multiple controls.
• Apply critical thinking and attention to detail when reviewing evidence.

Skills

Control testing

Internal/External audit

Regulatory compliance

Stakeholder management

Communication

Analytical thinking

Attention to detail

Time management

Tools

eGRC

Job description

Our client, a leading Canadian financial institution, is looking for an experienced Risk Analyst to support Risk Management through control testing, internal/external audit, and regulatory compliance. The role will be responsible for testing the design and operating effectiveness of controls, documenting results, and identifying control gaps and deficiencies.

Contract: 12 months

Extension: Potential

FTE Conversion: Possible

Location: Toronto - Hybrid, 2 days onsite per week (Wednesday & Thursday; 1st Friday of the month)

Schedule: Monday to Friday, 9:00 AM - 5:00 PM, 37.5 hours/week

Interview Process: 2 rounds - virtual

Start Date: ASAP / November 1, 2026

Key Responsibilities

• Perform control testing across Risk Management based on the annual control testing plan.
• Manage assigned portfolios of controls and execute testing in line with established policies and procedures.
• Identify control populations, determine sample sizes, select samples, and define appropriate testing approaches.
• Perform design adequacy and operating effectiveness testing of key controls.
• Document control testing results, evidence, and conclusions in eGRC.
• Identify and document control gaps, deficiencies, and potential issues identified through testing.
• Work closely with Risk Management stakeholders and control owners to understand processes, controls, and testing requirements.
• Communicate testing results, findings, and recommendations clearly to stakeholders and team members.
• Support the team in identifying process improvements and control efficiencies.
• Manage testing timelines, priorities, and deliverables while handling multiple controls and competing deadlines.
• Apply strong critical thinking and attention to detail when reviewing evidence and assessing control effectiveness.

Must-Have Skills

• 3-5 years of hands-on control testing experience.
• Experience in internal audit and/or external audit.
• Strong understanding of control testing, control design, and operating effectiveness.
• Experience identifying, assessing, and documenting control gaps or deficiencies.
• Strong written and verbal communication and stakeholder management skills.
• Strong analytical, critical thinking, and attention-to-detail skills.
• Ability to work independently while collaborating effectively with a team.
• Strong organization, prioritization, and time management skills.

Nice to Have

• Experience in Risk Management and regulatory compliance.
• Experience within a banking or financial services environment.
• Experience working with eGRC or similar governance, risk, and compliance tools.
• Professional designation such as CIA, CPA, CFA, or equivalent.
• Previous experience with an accounting firm in internal or external audit.