Risk Analyst- Proficient

Raise; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading financial services company in Toronto is seeking a Risk Analyst – Proficient. This role involves supporting supplier governance, advising on risk assessments, and process improvements. Candidates should have over 3 years of experience in third-party risk monitoring, strong compliance knowledge, and excellent communication skills. The position offers a hybrid working model, requiring on-site work three days a week.

Qualifications

• 3+ years of 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 and frameworks.
• Ability to reassess risk based on changing conditions.

Responsibilities

• Support day-to-day operations for supplier governance.
• Provide advisory support in risk assessment processes.
• Identify and recommend improvements in supplier management.
• Drive continuous improvements for operational excellence.
• Build effective relationships across banking platforms.
• Resolve operational issues in collaboration with stakeholders.

Skills

Third-party risk monitoring experience

Compliance knowledge

Excellent communication skills

Customer service abilities

Risk policies understanding

Education

Business Administration degree

Risk certification

Job description

Risk Analyst - Proficient

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

Contract Length: 12 months.

Our client is the Canadian gold standard in the Financial Services Industry. We at Raise are hiring a Risk Analyst – Proficient for 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, 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+ years of 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