Business Risk Analyst

5 months ago

Toronto, Canada Fidelity Investments Full time

Description

You will be working on a predefined hybrid schedule as part of Fidelity’s dynamic working arrangement.

Current work authorization for Canada is required for all openings.

Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future. 

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.

What You'll Do

Reporting to both the Manager, Risk Management and the designated business unit Senior Executive, the Business Risk Analyst will support and assist the assigned business unit in the execution of operational risk management program requirements, and proactively identify opportunities and propose solutions to enhance risk management practices, and advocate and drive a risk aware culture for the assigned business unit. The role will require regular communication with the designated senior executive on the status of risk program requirements and escalation of issues/findings.

How You’ll Make an Impact

Risk Program Implementation and Maintenance

Supports assigned business units on a day-to-day basis to identify, monitors and evaluates risk. Independently provides guidance and oversees the completion of risk program requirements.

Ability to identify potential areas which can benefit from a deep-dive risk assessment

Lead and independently challenge risk events/issues to understand root cause, impact and remediation plans/actions

Drive Business Units’ compliance with EUC and Model risk assessment frameworks to ensure policy adherence

Drive the development of the business units risk profile, risk appetite and metrics

Develop and monitor processes to ensure completion of action plans and risk acceptance decisions

Risk and Control Self Assessments (RCSAs)

Supports and provides guidance to ensure all business units have formalized and robust RCSAs. This includes assessing control environment and assisting business units to identify gaps and ensuring appropriate mitigation.

Plan RCSA scope coverage, assists business units in the completion of RCSA and provides thorough review and effective challenge

Perform process walkthroughs with business unit and document key risks and controls using best practices

Utilize internal systems to accurately capture RCSA results and associated action plans

Control Testing

Independently executes and coordinates control testing activities for the assigned business units. This includes assessing control design and operating effectiveness.

Oversee control testing scope coverage and executes testing for the assigned business units within the given timeframe

Work with stakeholders to proactively identify opportunities to make control testing more effective

Lead process walkthroughs with business unit, conducts independent control testing and documents the control environment and testing result

Identify opportunities for improvement and remediation by discussing findings with business,

Deep Dive Risk Assessment

Conducts deep-dive risk assessments for high-risk areas and critical functions.

Proactively identify potential areas which can benefit from a deep-dive risk assessment by working closely with business and conducting thorough analysis

Executes deep dive risk assessments scope coverage

Identify opportunities for improvement and remediation by discussing findings with business, and recommend appropriate solutions

Reporting

Consolidates risk information, summarizes issues, analyzes trends and provides regular reporting to senior management and 2nd line risk.

Develop program-based reporting to provide status update, issues, KPIs, and action plans for the respective business area and continuously enhance reporting for the assigned business units

Report risk program results and findings to senior management using digitalization and visualization

Provide policy and program adherence updates to 2nd line risk

Risk Culture and Training

Consolidates risk information, summarizes issues, analyzes trends and provides regular reporting to senior management and 2nd line risk.

Develop materials to provide customized training for assigned business units to improve understanding of risk management program requirements and enhance risk culture

Promote strong risk management practices and principles across the business unit

Provide training and oversees risk event escalation and investigation requirements

What We’re Looking For

3+ years of relevant risk/operational risk experience

Experience in financial services industry (asset)

Experience in gathering, documenting and analyzing business processes (asset)

Proficiency in data analytics techniques and relevant data analysis experience (asset)

Completion of a University degree or equivalent work experience

The Expertise You Bring

Strong analytical, critical thinking, and proactive problem management skills.

Excellent communication skills (oral and written) to communicate clearly at all levels.

Ability to take initiative, work independently and handle multiple tasks.

Ability to build strong relationships and influence senior stakeholders.

Strong interpersonal skills to build effective relationships

Excellent time management skills with the ability to work under tight deadlines.

Team player who works constructively with others to achieve team goals

  • Risk Analyst

    5 months ago

    Toronto, Canada INTECH Risk Management Inc. Full time

    INTECH Risk Management Inc., an award-winning team of insurance risk management consultants, is looking for a Risk Analyst (Insurance Broker) to join our Risk and Insurance Services team in Toronto, Canada. The Risk Analyst (Insurance Broker) will serve as a key support in the provision of outsourced insurance and risk management services to clients in North...

  • Business Risk Analyst

    5 months ago

    Toronto, Canada Fidelity Investments Full time

    Job Description You will be working on a predefined hybrid schedule as part of Fidelity’s dynamic working arrangement. Current work authorization for Canada is required for all openings. At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted...

  • Risk Management Business Analyst

    3 weeks ago

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

    About the RoleWithin the Investment Solutions Group at HOOPP, we're dedicated to providing cutting-edge technological solutions to traders, portfolio managers, and cross-functional teams. We're seeking experienced Senior Business Analysts to join us in developing projects across the trade, portfolio, and financial risk management lifecycle.Key...

  • Senior Risk Business Analyst

    2 weeks ago

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

    About the Role:We are seeking an experienced Senior Business Analyst to join our Investment Solutions Group at Healthcare of Ontario Pension Plan. As a Senior Business Analyst, you will be responsible for steering product direction and delivery within the Risk Technology team. This involves thoroughly investigating and analyzing requirements from clients and...

  • Climate Risk Business Analyst

    2 months ago

    Toronto, Canada Aptino Full time

    10+ years previous work experience as a Business or Data Analyst, or in a technical/functional Role - Know pandas and Python (Important & Mandatory) - they have to be BA with strong knowledge/ exp of Python and Pandas to do data modeling as a BA. They will not be coding in python but should know the basics - Should have worked on ESG and Climate risk...

  • Business Risk Analyst

    1 month ago

    Toronto, Ontario, Canada Fidelity Investments Full time

    About the RoleFidelity Investments is seeking a highly skilled Business Risk Analyst to join our team. As a key member of our risk management team, you will play a critical role in identifying, assessing, and mitigating operational risks across our organization.Key ResponsibilitiesSupport business units in identifying, monitoring, and evaluating operational...

  • Senior Business Risk Analyst

    1 month ago

    Toronto, Ontario, Canada Infosys Full time

    Senior Consultant - Risk Business AnalystJob OverviewInfosys is seeking a skilled Financial Risk Analyst Consultant to join our team. In this role, you will work closely with key stakeholders to refine requirements, guide clients through key design engagements, and develop solutions that meet their needs. You will also be responsible for providing forms and...

  • Business Data Analyst

    6 months ago

    Toronto, Canada CB Canada Full time

    Business Analyst - Consultant On behalf of our client in the Banking Sector, PROCOM is looking for a Business Analyst - Consultant. Business Analyst - Consultant – Job Description Provide subject matter expertise to lead and support the project at each stage to ensure successful delivery: Write Business Requirements Documents (BRD) Review System...

  • Business Analyst, Climate Risk

    3 months ago

    Toronto, Canada Cognizant Full time

    At Cognizant, our global community sets us apart—an energetic, collaborative and inclusive work environment where everyone can thrive. And with projects at the forefront of innovation, you can build a multifaceted, rewarding career and draw inspiration from dedicated colleagues and leaders. Cognizant is right where you belong Role Overview We are seeking...

  • Senior Business Analyst, Operational Risk – Archer

    6 months ago

    Toronto, Canada CB Canada Full time

    Senior Business Analyst - Operational Risk - Archer On behalf of our client in the Banking Sector, PROCOM is looking for a Senior Business Analyst - Operational Risk - Archer. Senior Business Analyst - Operational Risk - Archer – Job Description Team is responsible for the definition of Operational risk technology and data strategy as well as for the...

  • Business Analyst

    5 days ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    About VOLKSWAGEN GroupVOLKSWAGEN Group is a leading provider of mobility solutions for its brand partners. Our company is committed to supporting the Audi, Ducati, and Volkswagen brands and their dealers, specializing in providing accessible mobility solutions for our customers.Our OpportunityWe are seeking a highly motivated and detail-oriented Business...

  • Risk Analyst

    5 months ago

    Toronto, Canada Gore Mutual Insurance Full time

    **We're now at the boldest phase of our Next Horizon journey** At Gore Mutual, we've completely transformed our business in under three years. By investing in top talent and leading technology, we've redefined what it means to be a modern mutual that does good. Our path forward brings a sharper focus on our business' performance that's powered by...

  • Business Risk Consultant

    1 month ago

    Toronto, Ontario, Canada beBee Professionals Full time

    Business Risk AnalystWe are seeking a highly skilled Business Risk Analyst to join our team at beBee Professionals in Toronto, Canada. The successful candidate will be responsible for identifying, assessing, and mitigating risks associated with our organization's operations.The Business Risk Analyst will develop and implement risk management strategies,...

  • Business Analyst

    5 months ago

    Toronto, Canada Dawn InfoTek Inc. Full time

    Dawn InfoTek Inc. is a professional IT consulting team that partners with major financial institutions, investment firms and government sectors. We have been dedicated to delivering cutting-edge consulting services and recruiting all levels of IT positions for our clients. We are currently seeking competent individuals to fulfill the role of **Business...

  • Senior Business Analyst

    5 days ago

    Toronto, Ontario, Canada CB Canada Full time

    Job Description: Senior Business Analyst - Operational RiskWe are seeking a skilled Senior Business Analyst to join our team at CB Canada. The ideal candidate will have a strong background in Operational Risk and experience working with the Archer platform.Key Responsibilities:Develop and execute a technology strategy for Operational Risk management...

  • Business System Analyst

    4 weeks ago

    Toronto, Ontario, Canada Astra North Infoteck Inc. Full time

    Job Title: Business System AnalystAbout the Role:At Astra North Infoteck Inc., we are seeking a highly skilled Business System Analyst to join our team. As a Business System Analyst, you will be responsible for corporate risk management, SAS migration, and CDN retail risk analysis. You will work closely with our team to scope, analyze, and document business...

  • Enterprise Risk Analyst

    1 month ago

    Toronto, Ontario, Canada beBee Professionals Full time

    Business Risk AnalystWe are seeking a highly skilled Business Risk Analyst to join our team at beBee Professionals in Toronto, Canada. The successful candidate will be responsible for identifying, assessing, and mitigating risks associated with our organization's operations.The Business Risk Analyst will develop and implement risk management strategies,...

  • Business Systems Analyst for Credit Risk Management

    4 weeks ago

    Toronto, Ontario, Canada Purple Drive Full time

    About the RoleWe are seeking a highly skilled Business Systems Analyst to join our team at Purple Drive. As a Business Systems Analyst, you will be responsible for analyzing and improving our credit risk management systems.Key ResponsibilitiesAnalyze and improve our credit risk management systemsDevelop and maintain complex SQL queriesWork with different...

  • Business Analyst – Financial Crimes Risk Management

    3 weeks ago

    Toronto, Ontario, Canada CB Canada Full time

    **CB Canada** is looking for a skilled Business Analyst to support the implementation of initiatives that drive value stream projects and BAU enhancements across Financial Crimes Risk Management. The ideal candidate will have 5+ years of experience as a Business Analyst, with a strong understanding of AML risk management and project delivery frameworks. Key...

  • Risk Analyst

    5 months ago

    Toronto, Canada Jacobs Engineering Group Inc. Full time

    **Your Impact**: - Our People & Places Solutions business - reinforces our drive to improve the lives of people everywhere and epitomizes the "why" of what we do - the tremendous positive impact and value our solutions bring to our communities and society as a whole. From facilities delivering life-saving therapies and ensuring clean water to enabling the...