Position: Business Analyst V
Location: Hybrid (2 days onsite, 3 days remote)
Office Address: Toronto, ON M5K 1A2
Duration: August 24, 2026 to February 23, 2027
Schedule: Monday to Friday, 9:00 AM to 5:00 PM
Pay Rate Range: $65-$71+/hr + 4 % vacation pay.
About the Opportunity
Our client, a leading financial institution, is seeking a highly motivated Business Analyst V to join their Governance, Risk, and Controls team. This is an excellent opportunity for professionals with strong Risk and Control Self-Assessment (RCSA) experience who enjoy working in a fast-paced environment with significant stakeholder interaction across operations, front office, and risk teams.
The successful candidate will play a key role in assessing operational risks, documenting controls, conducting testing activities, and supporting business process improvements within a wholesale banking environment.
Key Responsibilities
Assist with the creation and maintenance of Value Chain (VC), Assessable Unit (AU), and Unique Business Process (UBP) inventories.
Assess multiple business processes concurrently and identify risks, controls, process gaps, and inventory gaps.
Support the execution and maintenance of Risk and Control Self-Assessments (RCSAs).
Engage stakeholders and risk partners throughout the RCSA lifecycle.
Create and maintain process maps and documentation.
Perform testing of key controls using established methodologies and timelines.
Analyze, document, and track control exceptions through resolution.
Support remediation planning and root cause analysis for identified control gaps.
Assist in the assessment and monitoring of Key Risk Indicators (KRIs).
Identify opportunities to improve processes, efficiencies, and testing approaches.
Participate in ad hoc risk and control initiatives as required.
Day-to-Day Responsibilities
Drafting process maps and documentation.
Collaborating with stakeholders to assess process risks and controls.
Reviewing operational procedures to identify risks and control gaps.
Conducting control testing and reporting findings.
Supporting governance, risk management, and operational control activities.
Required Qualifications
Bachelor's Degree.
3+ years of relevant experience.
Demonstrated end-to-end Risk and Control Self-Assessment (RCSA) experience.
Advanced knowledge of governance, risk, and control frameworks, procedures, and methodologies.
Prior audit and/or quality control testing experience.
Strong Microsoft Excel skills, including formulas and data analysis.
Ability to work independently and collaboratively within a team environment.
Strong analytical, research, organizational, and prioritization skills.
Ability to manage multiple deadlines and competing priorities.
Preferred Qualifications
Experience in wholesale banking or wholesale operations environments.
Exposure to derivatives operations.
Experience interacting with traders, operations teams, and front-office stakeholders.
Knowledge of ARIS or similar process-mapping tools.
Ideal Candidate
The ideal candidate is a proactive professional who can quickly become productive with minimal supervision. They will possess:
Exceptional communication and stakeholder management skills.
Strong governance, risk, and control expertise.
The ability to independently drive tasks to completion.
Experience working with operational risk assessments and control frameworks.
A proven track record of meeting deadlines and delivering high-quality results.
Soft Skills
Excellent verbal and written communication skills.
Strong multitasking abilities.
Ability to work effectively under tight deadlines.
Professionalism and confidence when engaging senior stakeholders.
Why Apply?
Opportunity to gain valuable Governance, Risk, and Controls experience.
Work with one of Canada's leading financial institutions.
Collaborative and supportive team environment.
Strong exposure to enterprise risk management practices and stakeholder engagement across business functions.
This is for a current opening.
Our recruitment process for this role includes the use of AI-based tools to help evaluate candidate qualifications and screen applications.

Business Analyst

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