Risk and Control Self-Assessment (RCSA) Analyst

BeachHead; Toronto; On-site; CAD 99,000 - 120,000; Full time

Job summary

BeachHead is seeking an experienced Risk and Control Self-Assessment (RCSA) Analyst to support risk assessments, control testing, and process improvement for a major financial client in Canada.

You will work with stakeholders on governance and risk activities, map processes, and contribute to BAU risk management in a dynamic financial institution.

Qualifications

• RCSA experience and knowledge of risk and control assessments.
• Proficiency with advanced Excel formulas and data analysis.
• Understanding governance, risk, and control frameworks and procedures.
• Experience with audits and testing of controls.
• Strong project management and deadline-driven work style.
• Excellent written and verbal communication for stakeholders.
• Ability to work well independently and in a team.

Responsibilities

• Draft process maps and engage stakeholders to assess risks and controls.
• Analyze operations to identify risks and control gaps.
• Maintain process inventories (Value Chain, Assessable Unit, Business Process).
• Execute RCSA documentation and update during operational events.
• Test key controls per client methodology, analyze exceptions, track resolutions.
• Assist in action/remediation plans for gaps and root causes.
• Assess KRIs and identify process-improvement opportunities.
• Support ad-hoc risk and control initiatives and strategies.

Skills

RCSA experience

Advanced Excel

Governance procedures

Audit testing

Project management

Stakeholder comms

Independent work

Tools

Aris

Job description

Are you an experienced Business Analyst looking to enhance your expertise in risk and control assessments? Working with one of our top financial clients, this role calls for a Risk and Control Self-Assessment (RCSA) Analyst. This position offers a fantastic opportunity to work within a collaborative team environment, gaining valuable governance and control experience while supporting business-as-usual activities in a dynamic financial institution. The role involves engaging with stakeholders on risk assessments, process mapping, control testing, and process improvement initiatives, with a focus on risk and control self-assessments and derivative operations.

Pay rate range (CAD): $72.46/hr – $86.95/hr

Responsibilities

• Drafting process maps and engaging stakeholders to assess process risks and controls
• Analyzing operations and procedures to identify risks and control gaps
• Assisting in the creation and maintenance of process inventories (Value Chain, Assessable Unit, and Business Process)
• Executing Risk and Control Self-Assessment documentation, including interim updates during operational risk events/issues
• Testing key controls in accordance with client's testing methodology, analyzing exceptions, and tracking to resolution
• Supporting development of action and remediation plans for control gaps and root cause analysis
• Assessing Key Risk Indicators and identifying opportunities for process improvements
• Supporting ad-hoc risk and control initiatives and strategies

Desired Skill-Set

• Risk and Control Self-Assessment experience
• Advanced MS Excel skills, including formulas
• Knowledge of governance, risk, and control procedures, strategies, and tactics
• Prior audit and quality control testing experience
• Strong project and time management skills with proven ability to meet deadlines
• Ability to work effectively independently and as part of a team
• Excellent communication skills for stakeholder engagement

Nice to Have

• Wholesale operations experience
• Aris process mapping tool experience

BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.

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