Credit Analyst I

We are actively recruiting on behalf of our client for a highly skilled Credit Analyst I to serve as a Third-Party Management (TPM) Governance & Process Management Specialist. This critical role, based in the client's Toronto office, is responsible for ensuring robust governance and effective process management across all assigned third-party relationships. The successful candidate will play a key role in enhancing controls, managing risks, and driving process efficiencies within the Third-Party Management organization. This is a crucial opportunity to contribute to achieving strategic objectives while navigating a fast-paced, cross-functional environment.AdvantagesImpactful Role: Direct responsibility for executing essential governance activities, including the Canada Site Assessment and the Third-Party Data Share Program.Professional Growth: Opportunity to remain informed on current regulatory changes and industry trends, supporting continuous improvement and best practices.Strategic Collaboration: Work closely with colleagues and stakeholders across all three lines of defense (1st, 2nd, and 3rd) to achieve organizational goals.Innovation Focus: Chance to utilize an innovative mindset to develop and execute strategies aimed at creating efficiency across TPM processes.Prime Location: Position is located at 161 Bay Street, 20th Floor, Toronto.Contract Duration: Approximately 3 months in duration.ResponsibilitiesThe successful specialist will be accountable for a range of governance and operational activities, including:Providing comprehensive oversight of all assigned third-party relationships.Collaborating with cross-functional and enterprise teams to enhance controls, effectively manage risks, and streamline processes.Successfully executing on the Canada Site Assessment and the Third-Party Data Share Program.Executing governance activities, including leading control testing and reporting, for the Third-Party Management organization.Ensuring TPM policies, standards, procedures, and processes align with current practices, enterprise requirements, and regulatory mandates.Remaining informed about changes in regulations and industry trends that may influence operational practices.Participating in key management forums and contributing to continuous improvement initiatives.Supporting internal audit reviews, regulatory inquiries, incident management, and remediation activities pertaining to TPM.Demonstrating the ability to navigate ambiguity, manage multiple priorities, and adhere to strict deadlines impacting speed to market.Acting as an effective change agent and developing plans to drive efficiency through innovation.QualificationsEducation: Bachelor’s degree in Business, Management, Technology, or Engineering is preferred.Experience:A minimum of 5 years of experience within third-party management/third-party risk management within the financial services industry.A minimum of 5 years of experience working in a cross-functional environment, effectively managing business and stakeholder expectations.Knowledge: Strong knowledge of OSFI B-10 and E-21 is essential.Assets (Preferred Certifications/Skills):Possession of the Canadian Risk Management (CRM) designation, the Certified Risk Management Professional (CRMP) certification, or the Certified Third Party Risk Professional (CTPRP) designation.Project Management experience.Skills: Strong organizational and prioritization skills.SummaryThis is an immediate contract opening for a highly experienced Credit Analyst I / Third-Party Management Governance & Process Management Specialist. If you possess deep expertise in third-party risk management, strong knowledge of Canadian financial regulations (OSFI B-10 and E-21), and the ability to drive complex governance activities in a dynamic, cross-functional setting, we encourage you to apply. This role is crucial to maintaining the integrity and efficiency of the client's third-party ecosystem.Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.