Risk Analyst

Position Purpose:

Conducts modeling exercises of business-specific products using QRM Enterprise Risk System in order to generate cash flows and reports that will facilitate the enhancements of system capabilities, introduce new functionalities, enhance data architecture, and/or address regulatory requirements.

Key Accountabilities:

• Reviewing IT Risk assessments submitted by application or business owners.
• Reviewing Project Future Risk state assessments
• Attending meetings with stakeholders to discuss/review submitted assessments
• Reading Risk and Security related articles and presentations pertaining to the role.
• Working on regulatory assessments with stakeholders
• Providing IT Risk consulting and support to application teams
• Reviewing RBC IT Risk standards and policies
• Monitoring risk dashboards and potentially investigating breaches and providing commentary
• Reviewing evidence for audits
• Provide assistance and guidance to technical staff for developing mapping logic for source data feeds 
• Configure and extract position data using internal Enterprise Risk System for generating business specific products to generate future cash flows, create new products/accounts, model customer behavior, balance position data to general ledger, and develop reports to comply with regulatory requirements
• Develop and generate reports in appropriate format to be submitted to regulatory bodies

Knowledge and Experience:

– Undergraduate degree in a technical field such as engineering, mathematics, physics, or computer science and a graduate degree in business, economics, or MBA

– 2-4 years relevant work experience

– Practical knowledge and experience in financial data mapping concepts and processes

– Practical and solid knowledge of business-specific banking products

– Experience and knowledge in the areas of data warehousing, relational databases and information flow

Skills and Competencies:

– Working knowledge of risk measurement (i.e. market risk or credit risk or liquidity risk) and valuation methodology of capital markets and banking products with any risk system

– Proven business analysis and problem solving skills

– Ability to identify, analyze and rectify project issues as they arise

– Well developed PC Skills with respect to spreadsheets, access database and presentation software

– Ability to construct and execute complex SQL queries to extract information

– Ability to deal with ambiguous inputs/user requirements and able to question, interpret, investigate, define the ambiguity and obtain answers

– Ability to convey complex conceptual information involving extensive interpretation and opinion which would involve technical and business components

 Must Have:

Minimum 5-10 years of experience in IT risk management or information security.

Experience with risk management frameworks, standards, and regulations (e.g., GDPR)

Experience with IT service management frameworks (e.g., ITIL).

Experience with cloud computing, data analytics, and emerging technologies

Proven track record of successfully managing IT risk and implementing effective risk management program

Attributes:

– Ability to react to changing demands on an ad hoc basis

– Analytic/Systematic Thinking

– Problem Solving

– Conceptual Thinking

– Teamwork & Partnering

– Results Orientation

– Impact & Influence

Soft Skills:

Effective communication skills with technical and non-technical stakeholders

Good analytical and problem-solving skills

Stakeholder management skills

Collaboration and teamwork

Hybrid – 3 days on site / 2 days working from home