IT Business Analyst (Financial Risk & Capital Markets)
Contract opportunity in Toronto for a skilled professional with expertise in operational risk, financial analytics, and stakeholder engagement. Contribute to high-impact initiatives in the insurance industry. Hybrid model with tools like SQL, Azure Databricks, and RSA Archer. Ideal for those with strong data and business analysis experience.
What is in it for you:
• Salaried: $60-65 per hour.
• Incorporated Business Rate: $70-75 per hour.
• 6-month contract.
• Full-time position: 37.50 hours per week.
• Hybrid work: 3 office days, from Tuesday to Thursday.
• Opportunity to work in a dynamic and professional environment.
• Join a passionate and inclusive team of professionals.
Responsibilities:
• Analyze and document business processes related to operational risk, including risk identification, assessment, and mitigation strategies.
• Build and maintain risk hierarchy models to support classification, governance, and reporting.
• Define and document third-party risk management processes and system requirements.
• Produce business requirement documents and functional specifications for system and reporting enhancements.
• Support data mapping, documentation of data flows, and integration efforts for risk systems.
• Collaborate with Agile squads for timely delivery of risk-related solutions.
• Assist in configuring RSA Archer or similar tools for operational risk use cases.
• Perform SQL-based data analysis to support reporting and risk metrics.
• Contribute to development of dashboards and monitoring reports for risk oversight.
• Lead initiatives involving real-time and historical financial market data integration.
• Design data pipelines using tools like Azure Databricks in compliance with governance standards.
• Liaise with internal teams and external vendors to ensure smooth data operations.
What you will need to succeed:
• Master’s degree in a relevant discipline.
• Certifications in financial risk or data analytics tools.
• Proven experience in operational risk, enterprise risk management, or financial risk analytics.
• Strong understanding of risk terminology, risk hierarchies, and third-party risk frameworks.
• Proficiency in SQL for data analysis and reporting.
• Hands-on experience with cloud platforms and modern data tools such as Azure Databricks.
• Familiarity with regulatory standards (e.g., Basel, OSFI guidelines).
• Experience creating business and functional documentation, process maps, and data models.
• Strong communication, stakeholder management, and problem-solving skills.
• Ability to work under pressure in a fast-paced environment.
• Experience with RSA Archer or similar GRC platforms is an asset.
• Certifications in Agile methodologies or business analysis are preferred.
• Experience with data visualization or reporting platforms is a plus.
Why Recruit Action?
Recruit Action (agency permit: AP-2000003) provides recruitment services through quality support and a personalized approach to job seekers and businesses. Only candidates who match hiring criteria will be contacted.
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