IT Business Analyst (Operational Risk / Archer)
Contract hybrid role in Toronto supporting enterprise-level operational risk initiatives in the insurance industry. Ideal for candidates experienced with risk hierarchy, third-party risk frameworks, SQL, and Agile environments. Exposure to GRC platforms like RSA Archer and strategic data projects included.
What is in it for you:
• Salaried: $60-70 per hour.
• Incorporated Business Rate: $73-83 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.
• Develop and maintain risk hierarchy models and support governance structures for risk classification and reporting.
• Collaborate with stakeholders to define and document requirements for third-party risk management processes and systems.
• Create detailed business requirement documents (BRDs) and functional specifications to support system enhancements and risk reporting.
• Support data mapping and data flow documentation for operational risk systems and reporting tools.
• Work closely with Agile squads to ensure timely delivery of risk-related solutions.
• Assist in the integration and configuration of RSA Archer for operational risk use cases (if applicable).
• Perform data analysis using SQL to support risk metrics and reporting.
• Contribute to the development of dashboards and reports for operational risk monitoring.
What you will need to succeed:
• Bachelor’s degree in Information Technology, Business Administration, Risk Management, or a related field.
• Certifications in Agile methodologies, risk management, or business analysis are considered a plus.
• Proven experience in operational risk or enterprise risk management.
• Strong understanding of operational risk terminology, risk hierarchy, and third-party risk management principles.
• Experience documenting business requirements, process flows, and data mappings.
• Proficiency in SQL for data analysis and reporting.
• Experience working in Agile environments.
• Excellent analytical, problem-solving, and communication skills.
• Experience with RSA Archer or similar GRC platforms is an asset.
• Familiarity with regulatory frameworks related to operational risk (e.g., Basel, OSFI guidelines) is preferred.
• Experience with data visualization tools or reporting platforms is desirable.
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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