Operational Risk Analyst

Company: CGL
Department: Enterprise Risk Mgmt
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: English is required, French is an asset.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our national Finance team aspires to create, enhance, and protect value for our organization and its stakeholders. Our knowledgeable team educates and influences the organization to make well-informed, risk-based decisions. We think innovatively and strategically to solve business problems and strive to move our business forward with practical, integrated processes and tools that ensure organizational success.

As an Operational Controls Analyst you will contribute to the implementation of the operational controls program. Your work will evolve over time to match the needs of the program to ensure controls are identified, documented, reviewed, and tested.

How you will create impact:

• Support the development of Enterprise Risk Management’s risk framework in relation to expanding regulatory expectations ( OSFI B-10 Third-Party Risk, and E-21 Enterprise Risk Management)
• Aiding in the collection, confirmation, and documentation of key operational controls within the organization and ensuring the completeness and accuracy of data.
• Contributing to the education and communication on risk related topics such as Operational Risk Management
• Working with the team and stakeholders to identify, document, and review risk & control mitigation tactics.
• Completion of Risk & Control Assessments, Control Testing and make recommendations for enhancement of the control environment
• Providing support to team members and functions within the team as required.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

To join our team:

• You have 4-6 years of experience in Information Risk Management, Operational Risk Management, including 2-3 years of experience in an Insurance or Financial Services environment.
• You have a post-secondary degree in Business, IT, Math, or a related discipline.
• You have experience in documenting and assessing IT controls
• Having a Canadian Risk Management, Professional Risk Manager, or Certified in Risk and Information Systems Control (CRISC) designation is an asset.
• This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members.

What you need to know:

• You will travel occasionally.
• Detail oriented work that requires a high degree of mental concentration for extended periods of time.
• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (, health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Expected salary range $60,574 - $100,956

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.