Sr Analyst, Fraud Risk, Governance and Controls

Definity; Toronto; On-site; CAD 69,000 - 127,000; Full time

Job summary

An established industry player is seeking a Sr Analyst in Fraud Risk, Governance, and Controls. This pivotal role involves executing compliance functions, assessing internal controls, and contributing to risk reporting. You will collaborate with various teams to ensure robust compliance activities and policy development. The ideal candidate will possess a strong background in compliance and fraud risk management, with excellent analytical and communication skills. Join this innovative firm to make a significant impact on their compliance framework and risk management strategies.

Qualifications

• 5-7 years of experience in compliance or fraud risk.
• Knowledge of COSO framework and fraud frameworks.

Responsibilities

• Maintain and assess Risk Control Matrices and internal controls.
• Design ICFR test plans and conduct testing of remediation activities.
• Support investigations into internal control issues and fraud exposures.

Skills

Compliance Management

Risk Assessment

Internal Controls

Fraud Risk Management

Communication Skills

Analytical Skills

Education

University Degree

CPA Certification

CIA Certification

CISA Certification

Tools

Microsoft Office

Job description

Sr Analyst, Fraud Risk, Governance and Controls

Join to apply for the Sr Analyst, Fraud Risk, Governance and Controls role at Definity.

The Sr Analyst, Fraud Risk, Governance and Controls plays a key role in executing the compliance function by assessing and supporting the development of compliance activities including Regulatory Compliance Management, Policy Management, and Internal Controls Over Financial Reporting (ICFR). The role also involves contributing to risk reporting for management and the board.

This position requires collaboration with the Director, ERM Compliance, ERM team, and Business Units to ensure internal controls, compliance activities, and policy development are consistent and robust.

Responsibilities

• Maintain and assess Risk Control Matrices (RCMs) and internal controls.
• Advise on internal control documentation and workflows.
• Design ICFR test plans and conduct testing of remediation activities.
• Perform audit procedures on ICFR controls and support CEO/CFO certifications.
• Identify and escalate control weaknesses and fraud risks.
• Provide recommendations for improvements and assist in reporting to management and the board.
• Support investigations into internal control issues and fraud exposures.
• Develop and deliver training on controls and compliance.

Policy and Governance

• Assist in developing and updating policies to manage key risks, including fraud.
• Coordinate policy validation and compliance activities.
• Raise awareness of risk management policies across departments.

Regulatory Compliance

• Design and execute testing plans for compliance and remediation.
• Assess the effectiveness of controls and documentation.
• Identify control deficiencies and recommend mitigation strategies.

Risk Management

• Act as a subject matter expert on fraud risk.
• Support the development of fraud risk frameworks and reporting.
• Facilitate fraud risk workshops and maintain risk registers.

Requirements

• University degree with relevant professional certifications (e.g., CPA, CIA, CISA).
• 5-7 years of experience in compliance, fraud risk, internal audit, or related fields, preferably in financial services.
• Knowledge of risk management standards, COSO framework, and fraud frameworks.
• Strong communication, organizational, and analytical skills.
• Proficiency in Microsoft Office.

Salary Range: $69,000 - $127,000