64675-1 - Int. Risk Analyst to assist with the review and monitoring of third party engagements for our banking client

Length of contract: 8 months with possible extension

Office location: Hybrid - required in office 2x a week in DT Toronto

Role Mandate: As an integral member of the GTPRM team, the Associate Risk Advisor is accountable to assist with the review, and monitoring of third party engagements. The Associate Risk Advisors provides guidance and counsel to the business on established arrangements, helping the business to manage its risks and make strong decisions on third party arrangements. They will provide support associated with development, implementation and management of third party governance strategy, framework, policies, standards, guidelines and tools that enable compliant governance and management of Bank’s key third parties and outsourcers globally.

Must Haves:

• 3+ years of Risk Analyst with experience in third-party risk management experience.
• Knowledge of third party governance and management, operational risk, financial services regulatory, audit, compliance, security requirements and trends.
• Banking/FI experience

Nice to haves:

• Procurement Line of Business experience
• MS office skills

Responsibilities:

Business Delivery and Operational Excellence

• Assist in the review and monitoring of third party engagements through the third party lifecycle

• Provides risk advisory services and guidance to the business using a risk based approach to optimize third party performance and enable consistent and efficient management according to business criticality and assessed level of risk

• Maintains current knowledge of the TPRM Framework, TPRM Program, CORM Framework, standards, policies, regulatory requirements and emerging Risk Management trends

• Provides assistance with the independent oversight and management of outsourced activity, effective third party risk management and governance practices

• Challenges the business to ensure appropriate actions are underway to mitigate identified operational risk exposures commensurate with the Third Party Lifecycle

• Assist with the (re)development and ongoing enhancements of risk-centric, scaled third party governance strategies, policy, framework, standards, processes, tools and systems

• Identify change management activities and continuous improvement updates for infrastructure and processes in support of enterprise third party management

Governance and Risk Management

• Assist with the independent oversight in the management of risk and minimize losses through monitoring and controlling various reports and taking appropriate action, ensuring compliance requirements, audits and verifications are completed.

• Support the TPR RSA function and GTPRM Risk Advisors with the review and follow up of outstanding SEMS programs

• Support GTPRM Risk Advisors with designated SEMS portfolio

Interview Process:

First Round - 30 min Teams meeting with HM

Second Round - 30mins Teams meeting with HM and senior team member

Format will consist of behavioral and getting to know you type questions.