IT Business Analyst (Operational Risk / Archer)
Contract hybrid role in Toronto supporting enterprise-level operational risk initiatives in the insurance industry. Ideal for candidates experienced with risk hierarchy third-party risk frameworks SQL and Agile environments. Exposure to GRC platforms like RSA Archer and strategic data projects included.
What is in it for you:
Salaried: $60-70 per hour.
Incorporated Business Rate: $73-83 per hour.
6-month contract.
Full-time position: 37.50 hours per week.
Hybrid work: 3 office days from Tuesday to Thursday.
Opportunity to work in a dynamic and professional environment.
Join a passionate and inclusive team of professionals.
Responsibilities:
Analyze and document business processes related to operational risk including risk identification assessment and mitigation strategies.
Develop and maintain risk hierarchy models and support governance structures for risk classification and reporting.
Collaborate with stakeholders to define and document requirements for third-party risk management processes and systems.
Create detailed business requirement documents (BRDs) and functional specifications to support system enhancements and risk reporting.
Support data mapping and data flow documentation for operational risk systems and reporting tools.
Work closely with Agile squads to ensure timely delivery of risk-related solutions.
Assist in the integration and configuration of RSA Archer for operational risk use cases (if applicable).
Perform data analysis using SQL to support risk metrics and reporting.
Contribute to the development of dashboards and reports for operational risk monitoring.
What you will need to succeed:
Bachelors degree in Information Technology Business Administration Risk Management or a related field.
Certifications in Agile methodologies risk management or business analysis are considered a plus.
Proven experience in operational risk or enterprise risk management.
Strong understanding of operational risk terminology risk hierarchy and third-party risk management principles.
Experience documenting business requirements process flows and data mappings.
Proficiency in SQL for data analysis and reporting.
Experience working in Agile environments.
Excellent analytical problem-solving and communication skills.
Experience with RSA Archer or similar GRC platforms is an asset.
Familiarity with regulatory frameworks related to operational risk (e.g. Basel OSFI guidelines) is preferred.
Experience with data visualization tools or reporting platforms is desirable.
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