SENIOR ANALYST, OPERATIONAL RISK MANAGEMENT

BDC

Montreal (administrative region)

Hybrid

CAD 90,000 - 130,000

Full time

17 hours ago
Be an early applicant
Application generator

Get a reply from this employer — a resume and cover letter tailored to exactly what they’re hiring for.

Get past ATS filters

Benefits offered by this job

Flexible benefits
Hybrid work model
Learning & development

Job summary

BDC is seeking a Senior Analyst, Operational Risk Management in Canada. You will support ORM programs, strengthen controls, and enhance risk reporting to protect Canadian entrepreneurs’ interests.

The role requires collaboration with first and second lines and senior leaders to advance governance and data-driven insights. Fluency in French and English, advanced Excel, and Power BI proficiency are essential.

Qualifications

  • Bachelor's degree in Commerce, Finance, Business Administration, or equivalent.
  • Minimum 10 years in Canadian financial services with ORM or risk roles.
  • Strong analytical skills and ability to produce structured reports.

Responsibilities

  • Support ORM programs (RCSA, KRI, ORE, NPBI) for products and projects.
  • Assess risk, monitor controls, and oversee remediation activities.
  • Develop governance, policies and reporting for first and second lines.
  • Collaborate with stakeholders and present to senior management.

Skills

Fluency in French and English
Advanced Excel
Power BI experience

Education

Bachelor’s degree in Commerce, Finance, Business Administration

Tools

Power BI
Visio
Excel

Job description

We Are Banking At Another Level.
We Are Banking At Another Level.

Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC As Your Employer Also Means
  • Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few
  • In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1
  • A hybrid work model that truly balances work and personal life
  • Opportunities for learning, training and development, and much more...

Explore the BDC Way in our Culture Book

Position Overview

At BDC, the only bank dedicated exclusively to Canadian entrepreneurs, Operational Risk Management (ORM) plays a critical role in supporting informed decision‑making as we evolve our business, digital platforms, and operating model. The ORM team partners closely with the first line of defense to strengthen operational resilience across the organization.

As Senior Analyst, Operational Risk Management, you are a subject‑matter expert who supports the implementation, evolution, and continuous improvement of BDC’s ORM Framework. Your work contributes directly to strong governance, effective controls, and the sustainable success of Canadian businesses.

CHALLENGES TO BE MET
  • Support first‑and second‑line stakeholders in executing ORM programs, including:
    • Risk and Control Self‑Assessments (RCSA)
    • Key Risk Indicators (KRI)
    • Operational Risk Events (ORE)
    • New Product and Business Initiative (NPBI) risk assessments for products, projects, and organizational changes
  • Support the first line of defence in the end‑to‑end management of operational risks, including:
    • Risk identification, assessment, measurement, and monitoring
    • Evaluation of control environments
    • Oversight of remediation activities and action plans
  • Critically review and effectively challenge first‑ and second‑line risk assessments and reported operational risk events
  • Monitor remediation activities and ensure timely closure of action plans
  • Design, implement, and enhance operational risk methodologies, tools, and training for the first line
  • Ensure ORM frameworks, methods, and practices remain aligned with BDC’s operational realities and evolving industry best practices
  • Manage and improve ORM program reporting, including:
    • Data collection and analysis
    • Risk and trend reporting
    • Action plan tracking
    • Senior management and committee presentations
  • Build and maintain strong stakeholder relationships with first‑line leadership, second‑line risk functions, and senior leaders
  • Develop, enhance, and document ORM governance, policies, standards, and procedures
  • Leverage data, automation, and emerging AI capabilities to enhance operational risk insights, monitoring, and reporting
Required Qualifications
WHAT WE ARE LOOKING FOR
  • Bachelor’s degree in Commerce, Finance, Business Administration, or an equivalent field
  • Minimum 10 years of relevant experience within the Canadian financial services sector, including:
    • Front‑line operations or process support or
    • Operational Risk Management roles
  • Knowledge of Canadian banking products, processes, and organizational structures
  • Demonstrated experience supporting or executing operational risk programs (e.g., RCSA, KRI, ORE, NPBI)
  • Ability to critically assess and challenge risk assessments and control environments
  • Strong analytical skills, both qualitative and quantitative
  • Advanced proficiency in Microsoft Excel
  • Proven ability to produce clear, structured, and professional reports, analyses, and presentations
  • Strong interpersonal and cross‑functional collaboration skills
  • Sound judgement and problem‑solving skills, including negotiation and conflict resolution
  • Ability to manage multiple priorities, work under pressure, and meet tight deadlines
  • Proficiency with Microsoft Office tools, including Word, PowerPoint, and Visio
  • Fluency in French and English (verbal and written)
Preferred Qualifications
  • Experience using Power BI or similar data visualization and reporting tools
  • Experience applying automation, analytics, or AI tools to improve risk monitoring, reporting, or control processes
  • Experience designing or enhancing operational risk methodologies, frameworks, or governance documentation

Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at accessibility@bdc.ca.

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.

Get your free, confidential resume review.
or drag and drop your file here.
Similar jobs

Similar jobs worth comparing

SENIOR ANALYST, OPERATIONAL RISK MANAGEMENT
SENIOR ANALYST, OPERATIONAL RISK MANAGEMENT

BDC • Toronto

Hybrid
CAD 110,000 - 150,000
Employee Savings Plan
Defined Benefit Pension
Wellness Account
+2
SENIOR ANALYST, INTEGRATED RISK MANAGEMENT
SENIOR ANALYST, INTEGRATED RISK MANAGEMENT

BDC • Montreal (administrative region)

Hybrid
CAD 90,000 - 130,000
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Calgary

Hybrid
CAD 120,000 - 180,000
Wellness and health care spending plan
Defined Benefit Pension Plan
Employee Savings and Investment Plan
+3
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Kelowna

Hybrid
CAD 110,000 - 170,000
Health benefits and wellness spending
Defined benefit pension plan
Hybrid work model
+1
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Edmonton

Hybrid
CAD 110,000 - 160,000
Wellness and health care spending
Defined Benefit Pension Plan
Hybrid work model
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Saskatoon

Hybrid
CAD 350,000 - 1,500,000
Flexible benefits
Defined Benefit Pension Plan
$750 wellness spending account
+2
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Kitchener

Hybrid
CAD 120,000 - 160,000
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Montreal (administrative region)

Hybrid
CAD 100,000 - 150,000
Hybrid work model
Wellness and health care spending账户
Defined Benefit Pension Plan
+1
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Ottawa

Hybrid
CAD 350,000 - 1,500,000
Benefits package
Pension plan
Wellness/health account
+1
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT

BDC • Toronto

Hybrid
CAD 140,000 - 210,000
Employee Savings and Investment Plan (