Process Analyst III

Job Title: Process Analyst III
Location: Toronto, ON (Hybrid)
Estimated Duration: 7 Months

Job Description
Reporting to the Manager, client G&C, the primary role of the Senior Analyst, client G&C, is to ensure internal control testing is effectively and efficiently conducted based on the requirements of the 2nd line functions (e.g., Compliance, Risk, AML, etc.).
SUMMARY OF DAY TO DAY RESPONSIBILITIES:
Ensure internal control testing is effectively and efficiently conducted based on the requirements of the 2nd line functions
As part of the key accountabilities of the role, the Senior Analyst will:

• Lead and assist in the development of Design and Operating effectiveness of Testing programs that will effectively and efficiently detect gaps in internal processes/controls. Understand and apply sampling methodology in accordance with client sampling guidelines.
• Conduct ongoing testing of key controls/requirements for all client Businesses. Ensure that exceptions are appropriately analyzed, reported, and tracked to resolution.
• Lead and assist with assessing Key Risk Indicators to identify opportunities to enhance the program.
• Lead and assist client Businesses in developing action/remediation plans to address internal control gaps as well as the root cause themes.
• Lead the identification of opportunities to improve processes, identifying and realizing efficiencies in testing (where possible) and delivering a better testing experience to client Businesses.
• Work with business stakeholders to develop or enhance key controls and remediate documentation/process gaps to reduce risks with 2nd line function support.
• Assist with ad-hoc initiatives and strategies from a risk and control perspective.
• Contribute to and promote positive working relationships by effectively communicating and regularly sharing information, issues/points of interest, learnings, and knowledge with the team.

Job Requirements
Education & Experience

• University education
• 5 years of relevant experience (Risk, Audit, Compliance preferred)

Skills

• Advance knowledge of governance, risk and control procedures, strategies & tactics
• Prior audit experience, quality control testing experience, or familiarity with client Bank testing methodology
• Knowledge of current and emerging trends
• Skill in using analytical software tools, data analysis methods and reporting techniques is an asset
• Skill in using computer applications, including MS Excel (formulas) , PowerPoint, Visio, and Word
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships
• Ability to work successfully as a member of a team and independently
• Ability to exercise sound judgement in making decisions
• Ability to analyze, research, organize and prioritize work while meeting multiple deadlines
• Ability to process and handle confidential information with discretion
• Understanding of client business operations and processes is an asset

MUST HAVE:

• Risk and Control Self-Assessment experience
• Advance knowledge of governance, risk and control procedures, strategies & tactics
• Prior audit experience, quality control testing experience
• MS Excel (formulas) ,
• Ability to work successfully as a member of a team and independently
• Ability to analyze, research, organize and prioritize work while meeting multiple deadlines

Soft Skills:

• Strong communication skills
• Can meet deadlines
• Multi-tasking

Nice to have:

• Wholesale operations experience.
• Aris experience (tool for process maps)