Risk Analyst – Regulatory

Risk Analyst – Regulatory

ProViso Consulting

Summary of day-to-day responsibilities:

• Senior Compliance Business Oversight Analyst

Key Accountabilities Customer:

• Assist in the development and implementation of appropriate Compliance policies, processes and controls
• Facilitate the periodic Compliance risk and self-assessment activities for designated business using client Enterprise Compliance Risk Assessment Framework
• Monitor that assessments (monitoring, risk assessment etc.) are completed and communicated in a continuous and timely fashion
• Guide and complement the assigned portfolio in terms of financial, regulatory and risk management requirements
• Interact with control functions within the organization
• Develop analysis and insights, prepare and deliver management reporting necessary to promote accurate and thorough measurement of the risk factors present in various products


• Update business line policies and Compliance Team procedures
• Analyze Compliance requirements and establish they are properly written into requirements for business projects and approved at the appropriate levels
• Work with business management, and with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations
• Keep abreast of emerging issues, trends, and evolving regulatory requirements in the Compliance industry and assess potential impacts
• Coordinate with other Compliance partners and business governance and control partners to promote consistency in the application of Compliance programs and standards across the enterprise
• Support in determining risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs
• Conduct enterprise wide annual risk assessment for all client businesses
• Support the business lines with compliance/risk controls and periodically evaluates risk mitigation efforts to make adjustments as risk/department influences change
• Protect the interests of the organization – identify and manage risks, and promote the prompt and thorough resolution of escalated non-standard, high risk issues

Employee / Team:

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and promote timely communication of issues/ points of interest
• Provide thought leadership and/ or industry knowledge for own area of expertise and participate in knowledge transfer within the team and business
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including cross training within own team
• Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

Breadth & Depth:

• Expert level professional role requiring in-depth knowledge / expertise in Compliance and working knowledge of broader related areas
• Provide advanced analysis and/or specialized reporting to support business partners, functional areas or centres of expertise
• Integrate the broader organizational context into advice and solutions within the Compliance area
• Understand the industry, competition and the factors that differentiate the organization
• Lead projects of moderately to complex risks and resource requirements; may lead end-to-end processes or functional programs
• Contact for business management, external/internal auditors, dealing with non-routine information
• Recommend and implement solutions within own area of responsibility
• May need to coordinate / integrate work with other areas as needed
• Identify and lead problem resolution for complex requirements related issues at all levels
• Generally reports to a Senior Manager role

Experience & education:

• Undergraduate degree
• Relevant professional designations and/or certifications as required
• 5+ years relevant experience
• Compliance advisory team
• Provide guidance or assessments for regulatory requirements (issues or projects)
• Making assessments
• Will need to see if a business has broken a rule or if they must follow a rule

Must have:

• Canadian Regulatory Experience – 5 years
• Ability to be autonomous
• Organized and can prioritize tasks
• MS Office (Outlook, Word, PowerPoint, Excel, etc.)
• Previous banking or financial institution experience

Nice to have:

• Legal Background
• Regulatory Systems Knowledge (different banks use different systems)

Degree/Certifications Required:

• Bachelor’s degree is required. Legal/law degree is preferred

Interview Process:

• WebEx Video; maximum 2 rounds

Job Details



3 Months



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