Senior Analyst, Third-Party Risk Reporting and Compliance
- Location: Toronto, ON – Hybrid (Currently 3 days a week from office, 2 remotely (this could change at any time to 4 days a week)
- Pay Rate: $56.13/hr – $66.27/hr
- Contract Length: 12 Months with the possibility of extension
We at Raise are hiring a Senior Analyst, Third-Party Risk Reporting and Compliance for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work.
Responsibilities:
As Senior Analyst, Third Party Risk Reporting & Compliance, you are expected to fully support the Sr. Manager, Reporting & Compliance with comprehensively executing against quarterly enterprise, regional, and line-of-business third-party supplier risk reporting, as well as perform key monitoring activities, ensuring compliance to banking Enterprise Third Party Risk Policies and Standards. This role is also expected to eagerly embrace the daily use of banking AI tools, including knowledge expansion of AI agent creation to optimize manual processes.
You will…
- Collate and piece together necessary data from various data sources to draft quarterly reporting on the risk health of Functions’ portfolio of third-party suppliers for multiple banking Third Party Risk Committees (Enterprise, US Region, and Europe/UK Region).
- Collate and piece together necessary data from various data sources and draft the quarterly function-specific line of business reporting.
- Perform and deliver against additional key monitoring activities required to meet compliance with the banking Enterprise Third Party Risk Policies and standards.
- Use banking AI tools daily to optimize processes.
Primary Responsibilities:
Third-Party Risk Reporting & Governance (40%)
- Collect and stitch together necessary data from various data sources and draft reporting for enterprise, regional, and line-of-business third-party supplier risk reporting.
- Ensure compliance with Enterprise Third Party Risk Policies and Standards.
- Flag risk health reporting for assigned portfolios to Sr. Manager, FSMO Compliance & Reporting.
- Pilot the use of banking AI tools to optimize this process
Stakeholder Engagement (10%)
- Act as a liaison between Functions Practice Management & Compliance, enterprise risk groups, and other key risk partners
Monitoring & Oversight (30%)
- Delivery of key monitoring activities required to meet Enterprise Third Party Risk Policy requirements.
- Ensure risks are accurately flagged to the Sr. Manager, Compliance & Reporting for review.
- Pilot the use of banking AI tools to optimize this process.
Execution & Delivery Excellence (20%)
- Own end-to-end activity performance of creation of draft reports and monitoring deliverables, ensuring accuracy, timelines, and consistency.
- Maintain high standards of quality and control with all outputs.
- Pilot the use of banking AI tools to optimize this process.
Must-have Skills:
- Bachelor's in Business, Finance or Risk or in pursuit of said designations.
- 3+ years of experience in Supplier Risk/Risk Management (Risk and Governance practices, Frameworks and methodologies, Supplier / Third Party Risk Management Lifecycle).
- 3+ years Business Analysis (process, workflow, requirements) / change management experience.
- Excellent soft skills
Nice-to-have skills:
- Experience with AI agents.
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodations: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com
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