Senior Analyst, Third Party Risk

Hybrid

Posted 11 days ago

Operational Risk

AI summary

The Senior Analyst in Third Party Risk Management will support the development and execution of operational risk standards, tools, and processes, while overseeing risk management practices across the organization. This role requires strong analytical skills and the ability to manage multiple projects efficiently.

Eligible from: Unknown

Job Description

The Work

The Senior Analyst Third Party Risk Management provides support in the development of operational risk standards, tools, processes, and systems, and in the execution of oversight and reporting of operational risk management practices across the organization.

Responsibilities

The Core Responsibilities

The primary focus of this role is to support second line of defense third party risk management activities within the Operational Risk Management department.

Operational Risk Management

Contribute to the third party onboarding due diligence assessments, compile results, and draft reports

Support the maintenance and management of the third party risk supporting systems, tools, dashboards, teams communication sites and management of shared mailboxes

Assist in data quality reviews to ensure the accuracy, reliability and completeness of data and apply best practices for data capture and maintenance

Support the ongoing management of the third-party lifecycle, including monitoring activities and assisting with the ongoing maintenance and updates of Monitoring Plans, Exit Strategies, and Contingency Plans

Responsible for tracking action plans based on outcomes of due diligence, calibration activities, monitoring, incidents, and transition provisions and reporting statusAssist in the development and preparation of the agenda for third party onsite visits and attend and document minutes for third party governance meetings

Engage with and assist Directors and Managers on the Operational Risk Management team on third party and operational risk strategic projects, risk activities and undertaking development activities, as required.

Work with business units and departments to assist with their overall third party risk management obligations.

Support third party risk reporting including maintaining monthly/quarterly/ad-hoc risk reporting on key risk indicators, and operational risk levels and developing analytics.

Develop and prepare the agenda for third party onsite visits

Contribute to the development, administration and maintenance of the Bank’s third party risk management system, ensuring risk data populated is timely, accurate and consistently applied.

Risk Governance & Oversight

Assist with maintaining third party and operational risk management guidelines, manuals and tools.

Business Advisory

Assist in the awareness, understanding, communication and training of third party and operational risk procedures.

Risk Reporting

Support regularly scheduled and ad-hoc third party risk reporting and analytics to Support Senior Management reporting.

Requirements

Let's Talk About You

Completion of a post-secondary education program in the business field, complemented with enrollment in a relevant professional designation program.

3+ years of relevant risk management experience in operational risk and controls, preferably gained through working in front office, risk management, consulting role in financial industry, Audit, Compliance or Operational risk management.

Strong attention to detail. Strong analytical and quantitative skills and problem-solving abilities.

Proficient written and verbal communication skills including the ability to facilitate meetings and draw insights.

Good organizational, project and time management to efficiently deliver concurrent projects with competing priorities.

Developing knowledge and awareness of the financial industry, risk management practices and regulatory and/or policy changes.

Data analytical skills including proficiencies in Power BI, Excel and data reporting tools

Familiarity with Microsoft Copilot and AI tools, with the ability to support their use to improve processes and productivity.

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About the job

Posted on: Oct 28, 2026
Job type: Full-time
Location: TorontoHybrid

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Senior Analyst, Third Party Risk

AI summary

Job Description

Responsibilities

The Core Responsibilities

Requirements

Let's Talk About You

Ready to Apply?

About the job

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