Risk Analyst- Proficient

Raise; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

Raise is seeking a Risk Analyst to join a leading client in the Financial Services Industry in Toronto. The role involves ensuring supplier governance, advising on risk assessments, and continuous operational improvements. Ideal candidates will have extensive experience in compliance and risk management, with strong communication skills.

Qualifications

• 3+ years in Third-Party Risk Monitoring.
• Proficient in compliance and operational risk management.
• Strong written and verbal communication skills.

Responsibilities

• Support supplier governance and oversight activities.
• Advise stakeholders in Risk Assessment processes.
• Drive continuous improvements in operations.

Skills

Compliance knowledge

Regulatory risk knowledge

Operational risk knowledge

Communication skills

Customer service abilities

Risk policy understanding

Risk evaluation ability

Education

Business Administration degree

Risk certification

Job description

Location : Toronto, ON - Hybrid (Days onsite, with Wednesday being mandatory)

Our client is the Canadian gold standard in the Financial Services Industry. We at Raise are hiring a Risk Analyst- Proficient one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand.

Responsibilities :

• Support day-to-day operations to enable supplier governance and oversight activities throughout the third-party lifecycle using various tools and applications to support adherence to Third-party risk monitoring activities.
• Provide advisory support to key stakeholders in the Risk Assessment process, which may include clarification on communications on change management activities supporting the rollout of enterprise policies and standards, processes, and tools.
• Identify process gaps and make recommendations for driving efficiencies and improvements within the Functions Supplier Management program and integration initiatives.
• Drive continuous improvements to ensure operational excellence, including maintenance, quality control, gap analysis, and opportunity for improvement of processes and procedures.
• Develop, build, and manage effective relationships across Functions and other Banking Business Platforms, including procurement, supplier management offices, and centers of governance.
• Resolve operational issues, risks and conflicts; work in collaboration with the key stakeholders, escalating where required

Must-have :

• 3+ Third-Party Risk Monitoring experience
• Strong compliance, regulatory, and operational risk knowledge
• Excellent communication skills (verbal and written)
• Proven customer service abilities
• Solid understanding of risk policies, procedures, and frameworks
• Ability to reassess and evaluate risk based on changing conditions

Nice-to-have :

• Business Administration degree and risk certification
• Experience in contract structuring and negotiation