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Risk Management Specialist

2 months ago

Toronto, Ontario, Canada Recrute Action Full time

We are seeking a skilled Risk Management Specialist to join our dynamic team in the insurance industry. This hybrid role requires a balance of analytical expertise and strong communication skills to manage vendor relationships, facilitate risk assessments, and oversee critical project workflows.

The ideal candidate will have the opportunity to contribute to key operational processes while working collaboratively with diverse stakeholders. With a strong understanding of risk management principles and practices, you will be able to analyze business trends, identify potential risks, and develop effective mitigation strategies.

Salary: $34 to $37 per hour, based on experience.

Job Description:

Key Responsibilities:

  • Establish and maintain communication services across business units or from the project team to the organization.
  • Maintain the storage and retrieval of all project and contract data and coordinate workflows for records in the project scope.
  • Review contracts, cost proposals, and contract supplements.
  • Work with key business contacts to collect and review third-party risk information for contracted vendors.
  • Coordinate risk assessment activities for third parties across multiple stakeholders.
  • Perform quality assurance reviews of completed assessments to ensure accuracy and completeness.
  • Complete inherent risk questionnaires by reviewing contracts and through discussions with key business stakeholders.
  • Validate information, send communications, and update systems.
  • Associate contract risk to service risk.
  • Perform auditing, procurement, and governance tasks.
  • Coordinate the progression of records through various steps in the end-to-end workflow.

Requirements:

  • Bachelor's degree.
  • 1 to 4 years of experience in auditing, procurement, or governance.
  • Financial industry experience.
  • Background in risk or operational risk.
  • Strong verbal and written communication skills.
  • Excellent attention to detail, customer service, and interpersonal skills.
  • Ability to work independently and manage time effectively.
  • Proficiency in applying accounting and mathematical principles as needed.
  • Capability to analyze business trends and project future revenues and expenses.
  • Experience using computer applications, such as Microsoft Word and Excel.
  • Familiarity with Archer is an asset.

About Recruit Action:

Recruit Action provides recruitment services through quality support and a personalized approach to job seekers and businesses. We value diversity and inclusivity in our hiring process and strive to create a welcoming environment for all candidates.