Internal Control Specialist

3 weeks ago


Toronto, Ontario, Canada Bay Street Staffing Full time

One of our banking clients is seeking Senior Analyst, PCB (Professional Exception, Governance and Compliance) in Toronto

Target Start Date: ASAP

Duration: 6 months (Potential for extension or conversion)

Hybrid - Every Monday and first Friday

Job Description:

The Senior Analyst will have advance knowledge of business process documentation and internal controls. The incumbent must have experience drafting and reviewing business process documents, and creating appropriate key (high risk) and non-key (medium and low risk) controls. Control creation would include adherence to control description requirements (5W and How); documentation of control attributes/metadata; e.g. alignment with process, operational risk, cause and impact taxonomies; and creation of control test questions, etc.

The incumbent would also have control testing, control test documentation and peer review of control testing experience.

Working with process owners, review/update PCB process documents and provide feedback when required. Identify appropriate internal controls that mitigate the risks within the process. Accurately document control descriptions, control attributes/metadata, and test questions in eGRC system.

Test PCB internal controls (Operational Process Controls (OPC) and Regulatory Compliance Management (RCM) controls) by coordinating and executing collection of required artifacts; conduct walkthrough meetings with control performers; analyze risks, processes, controls and artifacts to assess control design effectiveness and operational effectiveness; thoroughly document control test findings; record test results in eGRC system; save artifacts and documentation; and develop reporting to summarize control testing results in preparation for executive review and sign-off.

Must Have:


• Creating and updating process documents - Line of business is using Microsoft word for procedure documentation


• 1.5- 2.5 years of experience required


• Hands on experience Control testing Operational Process Controls and Regulatory Compliance Management controls


• Identify and document controls, including control attributes/metadata and test questions


• Experience working in large organizations


• Strong Computer skills


• Proficient with Microsoft office suite

Nice to Have:


• Financial industry experience



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