Senior Analyst, Third-Party Risk Reporting and Compliance

As Senior Analyst, Third Party Risk Reporting & Compliance, you are expected to fully support the Sr. Manager, Reporting & Compliance with comprehensively executing against quarterly enterprise, regional and line-of-business third-party supplier risk reporting, as well as perform key monitoring activities, ensuring compliance to company Enterprise Third Party Risk Policies and Standards. This role is also expected to eagerly embrace the daily use of company AI tools, including knowledge expansion of AI Agent creation to optimize manual processes.


The details of this role that will help you decide

Position: Senior Analyst, Third-Party Risk Reporting and Compliance
Competitive Salary
Location: Toronto, ON
Standard hours of work per day: 09:00 to 12:00 and 13:00 to 17:00 M-F
Hybrid – currently 3 days a week from office, 2 remotely (this could change at any time to 4 days a week).
12month contract (Potential of extension/Conversion)

Advantages
This position offers the opportunity to work within a collaborative and supportive team environment. The role will provide challenges and growth opportunities within a global organization.

Responsibilities
•Collate and piece together necessary data from various data sources to draft quarterly reporting on the risk health of Functions’ portfolio of third-party suppliers for multiple company Third Party Risk Committees (Enterprise, US Region and Europe/UK Region).
•Collate and piece together necessary data from various data sources and draft the quarterly Functions-specific line of business reporting.
•Perform and deliver against additional key monitoring activities required to meet compliance to company Enterprise Third Party Risk Policies and Standards.
•Use company AI tools daily to optimize processes.

Primary Responsibilities

Third Party Risk Reporting & Governance (40%)
•Collect and stitch together necessary data from various data sources and draft reporting for enterprise, regional and line-of-business third-party supplier risk reporting.
•Ensure compliance with Enterprise Third Party Risk Policies and Standards are met.
•Flag risk health reporting for assigned portfolios to Sr. Manager, FSMO Compliance & Reporting.
•Pilot the use of company AI tools to optimize this process.

Stakeholder Engagement (10%)
•Act as a liaison between Functions Practice Management & Compliance, enterprise risk groups, and other key risk partners.

Monitoring & Oversight (30%)
•Delivery key monitoring activities required to meet Enterprise Third Party Risk Policy requirements.
•Ensure risks are accurately flagged to Sr. Manager, Compliance & Reporting for review.
•Pilot the use of company AI tools to optimize this process.

Execution & Delivery Excellence (20%)
•Own end-to-end activity performance of creation of draft reports and monitoring deliverables, ensuring accuracy, timelines, and consistency.
•Maintain high standards of quality and control with all outputs.
•Pilot the use of company AI tools to optimize this process.

Qualifications
Required
•Mid-level role with proficient knowledge of reporting and monitoring practices in the third-party risk and relationship management space.
•Hands on reporting, monitoring and execution experience in a large complex financial organization.
•Strong data analysis skills and working knowledge of reporting systems.
•Understanding of Third-Party Risk Management Lifecycle, knowledge of global regulatory standards for third-party risk management, as well as related policies and standards.
•Enterprise-wide assurance, monitoring, audit or controls development and or execution.
•Formidable critical thinking, analytical and problem-solving skills with a high degree of flexibility and resourcefulness.
•Committed to using available AI technologies to drive efficiency and effectiveness.

Education
•Bachelors in Business, Finance or Risk or in pursuit of said designations.
•3+ years of experience in Supplier Risk/Risk Management (Risk and Governance practices, Frameworks and methodologies, Supplier / Third Party Risk Management Lifecycle).
•3+ years Business Analysis (process, workflow, requirements) /change management experience.

Nice-to-have
•Understanding of systems development lifecycle, including software models (cloud, SaaS, IaaS, PaaS, MS Power BI).
•Familiarity with the financial services/banking.
•Ability to read contract and commercial purchase language.

Behavioral Competencies
•Confident communicator and presenter
•Excellent oral and written communication
•Excellent organization and planning
•Excellent project management and time management
•Wide degree of creativity and latitude
•Strong knowledge and understanding of current trends with digital tools
•Strong critical and analytical thinking
•Collaborative and strong team player (Personable and able to build relationships with key stakeholders)
•Ability to manage conflicts and issues resolution and escalation
•Self-motivated with a positive and professional approach



Technical Skills
•Familiarity in using AI tools (personally and or professionally).
•Strong understanding of consulting, requirements gathering, analysis and documentation.
•Experience in Project Management, data management and visualization (data analysis).
•Understanding and knowledge of Procurement and Supplier Risk Management policies and frameworks.
•Superior/Expert in MS Office suite (ie - Word, Excel PowerPoint, Visio) and usage of reporting tools like Tableau, BI Analytics etc.
•Proficient use with Risk Management tools (RSA Archer)
•Proficient use with Procurement tools (Ivalua, Ariba)


Summary
If you are a highly skilled and experienced sourcing professional with a passion for technology and a proven track record of success, we encourage you to apply. This is a fantastic opportunity to join a leading global organization and make a significant contribution to their procurement function.

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.