Senior Analyst, Operational Risk
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Job Location:
Monthly Salary:
Posted on:
14 hours ago
Vacancies:
1 Vacancy
Job Summary
Join a Challenger
Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.
Our company continues to grow and today we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The Senior Analyst Operational Risk Management provides support in the development of operational risk standards tools processes and systems and in the execution of oversight and reporting of operational risk management practices across the organization.
The Core Responsibilities!
- The Senior Analyst Operational Risk Management role will initially focus on supporting the advancement of the Operational Resilience initiative to achieve regulatory requirements under OSFI E21 guideline.
- Map and analyze business processes as needed
- Collect and interpret business process data
- Contribute to the development of a critical process repository
- Lead workshops to collect insights and communicate with stakeholders at all levels
- Provide clear updates on project status and escalate issues to stakeholders as needed
- Drive business process design for risk related initiatives
- Build reporting to support project deliverables including presentations dashboards and status.
Project & Process activities:
Risk Governance & Oversight
- Research and provide in depth analysis and guidance on enterprise and operational risk industry standards and best practices.
- Create and maintain operational risk management guidelines manuals and tools.
Operational Risk Management
- Maintain risk management internal standards including timely resolution of internal and external issues and engagement with key stakeholders.
- Engage with and assist Directors and Managers on the Operational Risk Management team on projects risk activities and undertaking development activities as required.
- Monitor any deficiency management processes and action plans.
- Work with business units and departments to assist with their overall operational risk management obligations.
- Assist the business with facilitation of the Risk and Controls Self-Assessment (RCSA) process new initiative risk assessments as required.
- Support Operational Risk reporting including maintaining monthly/quarterly/ad-hoc risk reporting on key risk indicators operational loss events and operational risk levels and developing analytics.
- Contribute to the development administration and maintenance of the Banks Governance Risk Management and Compliance (GRC) tool (Resolver) ensuring risk data populated is timely accurate and consistently applied.
Information technology & Security Risk
- Through oversight activities ensure that technology issues are identified remediated and reported to senior management within established monitoring and escalation parameters.
Business Advisory
- Assist in awareness understanding and communication of enterprise and operational risk procedures.
Risk Reporting
- Support regularly scheduled and ad-hoc Risk reporting and analytics to Support Senior Management reporting.
Lets Talk About You!
- Completion of a post-secondary education program in the business field complemented with enrollment in a relevant professional designation program.
- 3 years of relevant risk management experience in operational risk and controls preferably gained through working in front office risk management consulting role in financial industry Audit Compliance or Operational risk management.
- Strong analytical and quantitative skills and problem-solving abilities. Strong attention to detail.
- Proficient written and verbal communication skills coupled with meeting facilitation abilities and good presentation skills.
- Good organizational project and time management to efficiently deliver concurrent projects with competing priorities.
- Experienced in audit or sampling techniques and regulatory/legal requirements of Financial Institutions.
- Developing knowledge and awareness of the financial industry risk management practices and regulatory and/or policy changes.
- Strong capability in creating process maps and leveraging mapping technologies
- Proficient computer skills including MS Office MS Project MS Visio and SharePoint
- Able to createworkflows dashboards reports AI agents data entry forms using Power Automate Power BI CoPilot Studio and Power Apps
What we offer For full-time permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
Senior IC
Key Skills
- Computer Science
- Operational Risk Management
- Risk Management
- Six Sigma
- Continuous Improvement
- Lean
- Process Improvement
- Pricing
- Customer Support
- Alteryx
- Kaizen
- Project Management Lifecycle
About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.
