Operational Risk Management Analyst

1 week ago


Thornhill, Canada Bank of China(Canada) Full time

**Job Overview**:
**Key Responsibilities**:

- Collaborate with cross-functional teams to identify, assess, and analyze operational risks within the bank’s processes, systems, and functions.
- Assist in the development and implementation of operational risk management strategies, policies, and procedures.
- Monitor and analyze data to identify trends, patterns, and anomalies that may indicate potential risks.
- Support the creation and maintenance of key risk indicators (KRIs) and risk assessment methodologies.
- Participate in risk assessments and control evaluations to identify weaknesses and recommend enhancements.
- Assist in the design and implementation of risk mitigation plans and control mechanisms.
- Prepare draft detailed risk reports, presentations, and dashboards for management and stakeholders.
- Contribute to the continuous improvement of risk management practices and tools.
- Conduct thorough investigations of suspected fraudulent activities, working closely with relevant departments, and law enforcement if necessary, and draft related reports and responses as applicable.
- Perform risk assessments and control evaluations to identify gaps in fraud prevention measures and recommend remedial actions.
- Draft comprehensive reports and presentations on fraud risk assessments, trends, and mitigation strategies for senior management and regulatory reporting.
- Collaborate with internal audit, compliance, and other risk-related teams as needed.
- Stay current with industry best practices, OSFI requirements, and emerging fraud management trends to ensure the bank’s practices remain effective and compliant.
- Participate in the development and execution of risk-related training programs for employees.

**Qualifications and Skills**:

- Bachelor’s degree in Finance, Business, Risk Management, or a related field, Master’s degree is a plus.
- 2-5 years of experience in operational risk management, risk analysis, or a related role within the banking or financial services industry.
- Strong analytical skills with the ability to analyze data and draw meaningful insights.
- Excellent communication skills, both written and verbal.
- Detail-oriented with strong problem-solving abilities.
- Familiar with retail and/or commercial banking products and operating process.
- Ability to work both independently and collaboratively in a dynamic environment.
- Knowledge of regulatory requirements related to operational risk management is a plus.
- Relevant certifications such as Certified Fraud Examiner (CFE) or Certified Risk Professional (CRP) are a plus.

**Benefits**:

- Competitive salary and performance-based incentives.
- Comprehensive health and wellness benefits.
- Professional development and training opportunities.
- Collaborative and inclusive work environment.
- Opportunities for career growth within a well-established financial institution.

**Benefits**:

- Company events
- Dental care
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Tuition reimbursement
- Vision care
- Work from home

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus pay
- Overtime pay

**Education**:

- Bachelor's Degree (preferred)

**Experience**:

- Risk management: 2 years (preferred)

**Language**:

- Mandarin (preferred)

Licence/Certification:

- Certified Fraud Examiner (preferred)
- Certified Risk Professional (preferred)

Work Location: Hybrid remote in Thornhill, ON L3T 7X8



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