Senior Financial Crime Risk Analyst (5397)

td; Toronto; Hybrid; CAD 65,000 - 105,000; Full time

Job summary

Our client, a leading Canadian financial institution, seeks an experienced Risk Analyst - Expert to join the Risk Management team. You will support a regulatory governance initiative, act as a Control Advisor, and collaborate with internal partners and external audit teams to enhance controls and ensure regulatory compliance.

The role focuses on control testing, documentation, RFIs, and QA reviews, with a hybrid work model and a contract of approximately two months through October 31, 2026.

Qualifications

• 5-7+ years in risk management, internal audit, or regulatory compliance.
• Minimum 3 years in control advisory and/or control testing.
• Bachelor's degree in business, finance, accounting, risk management, or related field.

Responsibilities

• Support regulatory governance initiatives linking requirements to controls.
• Act as a Control Advisor identifying and enhancing controls for compliance risks.
• Coordinate with external auditors and internal risk partners during testing.
• Collect, organize, review control documentation and RFIs.
• Perform QA reviews of external testing results and sign off on evidence.
• Conduct business-as-usual control testing and document findings.
• Identify control gaps with partners and implement improvements.
• Track timelines, deliverables, and action items to meet deadlines.
• Maintain documentation on controls, risk assessments, testing results, and audit findings.
• Analyze regulatory, operational, legal, market, credit and liquidity risks.

Skills

Risk management

Regulatory compliance

Control testing

Internal audit

Documentation & reporting

Stakeholder coordination

Regulatory frameworks

Education

Bachelor's degree

Tools

CPA/CIA/CFA (Nice to have)

Job description

Full-time

Full-time +1

Full-time

CA$65,000.00–CA$85,000.00 yearly

Full-time

Full-time

CA$45.00 hourly

Temporary

CA$59,760.00–CA$89,640.00 yearly

Full-time

Permanent +1

Full-time

Full-time

CA$50,000.00–CA$70,000.00 yearly

Full-time +1

Full-time

CA$90,000.00–CA$105,000.00 yearly

Full-time

Full-time

Full-time

CA$64,000.00–CA$106,000.00 yearly

Full-time

Permanent

CA$48.00 hourly

Temporary

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Our client, a leading Canadian financial institution, is looking for an experienced Risk Analyst - Expert to join its Risk Management team and support a major regulatory governance and control enhancement initiative. This role will focus on control advisory, control testing, quality assurance of external audit testing, regulatory compliance, and collaboration with internal business partners and external audit partners.
Contract: Approximately 2 months, through October 31, 2026
Extension: Potential
FTE Conversion: Potential based on performance and business needs
Hybrid: 2 days per week onsite - Wednesdays, Thursdays, and the 1st Friday of the month

Key Responsibilities

• Support a regulatory governance initiative focused on linking regulatory requirements to appropriate controls and evaluating control effectiveness.
• Act as a Control Advisor supporting Risk Management Lines of Business in identifying, documenting, assessing, and enhancing controls related to regulatory compliance risks.
• Coordinate closely with external audit partners and internal Risk Management business partners throughout the control testing process.
• Collect, organize, and review control documentation and respond to Requests for Information (RFIs).
• Participate in control walkthroughs and facilitate timely responses to auditor follow-ups and information requests.
• Perform QA reviews of external testing results, assess testing documentation, provide sign-off, and support resolution of identified issues.
• Conduct business-as-usual control testing, including walkthroughs, RFI assessment, control design evaluation, and operating effectiveness testing.
• Collaborate with business partners to identify control gaps, address issues, and implement process improvements.
• Track testing timelines, deliverables, and action items to ensure deadlines are met.
• Develop and maintain documentation related to controls, risk assessments, testing results, and audit findings.
• Analyze operational, legal, market, credit, strategic, and liquidity risks to support effective risk management.
• Monitor regulatory requirements and assess their potential impact on existing controls and risk management practices.
• Provide recommendations for control enhancements and process improvements based on testing and risk analysis.
• Support the implementation and ongoing enhancement of control frameworks, risk policies, and procedures.

Must-Have Skills

• 5-7+ years of professional experience in risk management, internal audit, regulatory compliance, or related disciplines.
• Minimum 3 years of experience in control advisory and/or control testing, preferably within Risk Management or Audit.
• Minimum 3 years of hands-on internal audit and control testing experience.
• Strong experience with risk identification, assessment, mitigation, and monitoring.
• Comprehensive understanding of regulatory compliance frameworks and requirements.
• Experience assessing control design and operating effectiveness.
• Experience conducting walkthroughs, reviewing RFIs, evaluating evidence, and documenting testing results.
• Strong understanding of internal controls, audit methodologies, and risk management practices.
• Experience working with business stakeholders, Risk Management, Audit, Compliance, and/or external auditors.
• Strong analytical, documentation, reporting, and problem-solving skills.
• Excellent communication, coordination, organization, and follow-up skills.
• Bachelor's degree in Business, Finance, Accounting, Risk Management, or a related field.

Nice to Have

• CPA, CIA, CFA, or equivalent professional certification.
• Financial services or banking industry experience.
• Experience supporting regulatory governance or control enhancement programs.
• Experience working with external audit firms or third-party testing partners.
• Experience with regulatory control frameworks and compliance-related initiatives.
• Experience supporting large-scale control testing or audit programs.