Pension Administration Business Analyst

2 weeks ago


Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time
Job Summary

We are seeking a highly skilled Pension Administration Business Analyst to join our team at the Healthcare of Ontario Pension Plan. As a key member of our Plan Operations team, you will be responsible for conducting thorough and timely analysis of pension administration business processes and associated risks.

Reporting to the Manager, Plan Operations Risk Management, you will identify, design, and document quality testing scenarios and procedures, review testing results, and formulate recommendations to improve business processes and mitigate risks.

Key Responsibilities
  • Conduct detailed business process mapping and analysis during risk reviews, developing risk review scenarios and testing procedures based on risk profiles.
  • Monitor testing, review testing results, and provide pension processes expertise and timely support to testers.
  • Develop and maintain the process to identify and report on all member events not completed timely per the Pension Benefit Act (PBA) requirements.
  • Collaborate with various stakeholders to identify and document risks within different business functions, and identify risk mitigation actions.
  • Support and/or lead evolving risk management practices and mandate, including identifying and developing control monitoring activities such as KRIs (key risk indicators).
Requirements
  • University degree or post-graduate and/or combination of equivalent training, education, and experience in areas of Business Administration, Accounting, Engineering, or Information Technology.
  • Over 5 years of progressive experience in business analysis, quality assurance, process improvement, and/or risk management roles.
  • Over 3 years of experience in the pension industry, preferably in pension administration/operations.
  • Professional certification/certificate on Business Analysis, Risk Analysis, Quality Assurance, or Lean Six Sigma are assets.
  • Advanced Excel skills and strong ability to collaborate and exercise considerable judgment.
What We Offer

We offer a high-performance, people-focused culture, a commitment to equity, diversity, and inclusion, and a world-class defined benefit pension plan. Our benefits package includes competitive, 100% company-paid extended health and dental benefits, optional post-retirement health and dental benefits, and a wellness reimbursement program.

We are committed to providing a financially secure retirement for Ontario healthcare workers and offer the opportunity to make a difference in the lives of those who care for us.



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