Senior Banking compliance Risk Analyst 102695-1

Position Title: Risk Analyst - Expert

6 months

Remote/Hybrid: Hybrid, 2 days per week in office. Wednesday and Thursday, 1st Friday of the month

Office Location: 81 Bay 31st Floor.

Responsibilities:

The main function of a Risk Analyst is to analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization. A typical Risk Analyst utilizes knowledge of tax and insurance strategies, securities, insurance, pension plans, and real estate.

• Act as a Control Advisor supporting various Risk Lines of Business (LOBs) in identifying, documenting, and enhancing controls related to regulatory compliance risks. Conduct control testing and internal audits to assess the effectiveness of risk mitigation strategies and compliance with regulatory frameworks.

• Collaborate with stakeholders across Risk Management, Audit, and Compliance to ensure alignment of control activities with enterprise risk objectives.

• Analyze operational, legal, market, credit, strategic, and liquidity risks to support informed decision-making.

• Develop and maintain documentation of control processes, risk assessments, and audit findings.

• Provide recommendations for control enhancements and process improvements based on audit results and risk analysis.

• Support the implementation of control frameworks and contribute to the development of risk policies and procedures.

• Monitor regulatory changes and assess their impact on existing controls and risk management practices.

Skills:

• Risk assessment & mitigation

• Data analysis

• Regulatory compliance

• Internal controls & auditing

• Clear communication & reporting

• Strategic problem solving

Must Have Requirement:

1. Minimum of 5-7 years of relevant professional experience in risk management, internal audit, or regulatory compliance

2. Experience in control advisory or testing in Risk Management and Audit- 3 years

3. Minimum of 3 years of hands-on experience in internal audit and control testing

4. Strong background in risk management, including identification, assessment, and mitigation strategies

5. Comprehensive understanding of regulatory compliance frameworks and requirements

Nice to Have:

Professional certifications such as CFA, CPA, CIA, or equivalent.

Education/Experience:

• Bachelor’s degree in Business, Finance, Accounting, Risk Management, or a related field required

• Professional certifications such as CPA, CIA, CFA, or equivalent are preferred and considered a strong asset