Senior Group Risk Analyst (ATH 4758)

TD•Toronto, ON

4d•Onsite

About The Position

This role is for a Senior Group Risk Analyst in Toronto, Ontario, Canada, working 37.5 hours per week in the Risk Management line of business. The position involves developing and operationalizing standards, policies, and processes to identify, report, and mitigate overall risk exposures. The analyst will proactively analyze potential risks, ensure aggregation and escalation to appropriate areas, and support ongoing risk measurement activities by acquiring, analyzing, and reporting business operational or relevant loss data. Responsibilities include establishing and providing regular risk analysis and reporting on operational loss performance, supporting business with analysis and reporting on risk issues and their impact (including scenario analysis), and potentially coordinating business continuity management (BCM) processes and supporting regulatory/compliance initiatives. The role also involves supporting enterprise-wide risk escalation, review, and approval processes, data management, policies, and risk assessment processes, as well as monitoring Key Risk Indicators and providing commentary and industry analysis for policy development and oversight. The position requires an expert level of professional knowledge in risk management and broader related areas, the ability to integrate organizational context into solutions, and apply best practices for process, product, or service improvements. The analyst will act as a subject matter expert, lead projects of moderate to complex risk and resource requirements, and solve complex problems requiring analysis of multiple variables and stakeholder consultation. The role involves building stakeholder alignment, providing process and subject matter advice at senior levels, and working independently as a senior technical lead while guiding others. The Senior Group Risk Analyst generally reports to a Manager or above.

Requirements

Undergraduate degree or technical certificate and/or 5+ years relevant experience.

Responsibilities

Develop and operationalize standards, policies and processes to identify, report and mitigate overall risk exposures within the business.
Proactively analyze potential risks and ensure key risks are aggregated / escalated to appropriate areas.
Support ongoing risk measurement activities by acquiring, analyzing and reporting business operational or relevant loss data.
Establish and provide regular risk analysis and reporting on operational loss performance of the business.
Support business with analysis and reporting on risk issues and their impact which may include scenario analysis.
May be responsible for coordinating business continuity management (BCM) processes and supporting regulatory / compliance related initiatives impacting overall risks to the business (e.g. CDIC, anti-money laundering).
Support established enterprise-wide risk escalation, review and approval processes, data management, policies and risk assessment processes.
Contribute to the monitoring of Key Risk Indicators through the identification of key risk drivers for the business.
May also monitor/report on compliance, management, and strategic initiatives.
Provide regular commentary and industry analysis in supporting the development/ maintenance/ oversight of policies/ procedures/ practices.
Adhere to enterprise frameworks or methodologies that relate to activities for our business area.
Ensure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities.
Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate.
Ensure business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets).
Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations.
Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience.
Conduct meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices.
Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists.
Lead / facilitate and/or implement actions / remediation plans to address performance / risk /governance issues.
Actively manage relationships within and across various business lines, corporate and/or oversight functions and ensure alignment with enterprise and/or regulatory requirements.
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest.
Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit.
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.
Integrates the broader organizational context into advice and solutions within own area.
Understands the industry, competition and the factors that differentiate the organization.
Applies best practices to implement process, product or service improvements.
Acts as a subject matter expert within their own area of specialty or a resource for others.
Leads projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs.
Contributes to setting standards within area of expertise.
Solves complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders.
Uses advanced methods to contribute to new solutions and recommend standards against which others will operate.
Impacts a range of functional programs and operations across own and related teams.
Interprets guidelines, standards, policies and results of analysis to inform decision making at senior levels.
Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels.
Works independently as the senior technical lead and guides others within area of expertise.
Identifies and leads problem resolution for complex issues at all levels.