Job Description
IT Business Analyst (Operational Risk) — Remote
Help drive strategic Operational Risk initiatives within the insurance industry by transforming business needs into innovative technology solutions. Collaborate on enterprise risk projects, support Agile delivery, analyze data, document business requirements, and contribute to solutions that strengthen risk management and business performance.
What is in it for you:
• Salaried: $33-38 per hour.
• Incorporated Business Rate: $40-45 per hour.
• 6-month contract with the potential for permanent employment.
• Day schedule, 37.50 hours per week.
Responsibilities:
• Analyze and document business processes related to operational risk, including risk identification, assessment, and mitigation.
• Gather, elicit, analyze, and document business and functional requirements through collaboration with business stakeholders and technical teams.
• Develop and maintain Business Requirements Documents (BRDs), functional specifications, process flows, and data mapping documentation.
• Apply relational data concepts to support source-to-target mapping and enterprise data lake initiatives.
• Perform SQL-based data analysis, exploratory analysis, and gap analysis to support solution design and reporting.
• Partner with Agile Scrum teams to ensure solutions align with business objectives and delivery timelines.
• Support risk-related system enhancements, including initiatives involving the Archer risk management platform.
• Act as a liaison between business and technology teams, ensuring clear communication and alignment throughout project delivery.
• Adapt to evolving technologies while contributing to continuous process improvements.
What you will need to succeed:
• Bachelor's degree in Information Technology, Business, Data Analytics, or a related discipline.
• 2 years of experience as an IT Business Analyst or in a related role.
• Demonstrated experience gathering and documenting business requirements.
• Experience creating BRDs, functional specifications, process flows, and data mapping documentation.
• Strong proficiency with SQL and data analysis.
• Experience working with Microsoft Azure.
• Experience using Jira within Agile/Scrum environments.
• Understanding of Agile delivery methodologies.
• Knowledge of enterprise data lake concepts and cloud-based data platforms.
• Excellent analytical, problem-solving, interpersonal, and communication skills.
• Experience with RSA Archer or similar Governance, Risk, and Compliance (GRC) platforms is an asset.
• Familiarity with operational risk terminology, risk hierarchies, and risk management frameworks is an asset.
• Experience with Power BI or Tableau is an asset.
• Knowledge of Azure Data Lake Storage (ADLS), Azure Synapse Analytics, Azure Databricks, and Azure Cosmos DB is an asset.
• Familiarity with regulatory frameworks such as Basel or OSFI guidelines is an asset.
• Agile, Business Analysis, or Risk Management certifications are considered an asset.
• Strong English communication skills, with confidence interacting with stakeholders at all organizational levels.
Why Recruit Action?
Recruit Action (agency permit: AP-2504511) provides recruitment services through quality support and a personalized approach. As part of the screening process, some applications may be reviewed using artificial intelligence tools. Only candidates who meet the hiring criteria will be contacted.
# MFCJP00016986
Requirements
—
IT Business Analyst (Operational Risk) – 100% Remote • Toronto, ON, ca
A leading software development company is seeking a Bid Analyst in Montreal to create high-quality proposals for IT and software development projects.Candidates should have experience in writing pr... Show more
A leading staffing firm in Toronto is looking for an IT Business Analyst for a full-time position with a large financial client.Responsibilities include interviewing end users to document business ... Show more
An established industry player is seeking a Senior IT Audit Specialist to spearhead IT audit engagements and ensure compliance with internal controls.This role involves conducting risk assessments,... Show more
A consulting firm is seeking a Senior Business Analyst to lead business analysis efforts, document requirements, and support project management initiatives.Candidates should possess at least 10 yea... Show more
A recruitment agency is seeking a Clinical Business Analyst to support the implementation of a Clinical Information Solution across New Brunswick.Candidates should have a university degree in healt... Show more
Seeking a Senior Third-Party Vendor Risk Analyst to manage and enhance the company's vendor risk management program, conduct risk assessments, and ensure compliance with security standards. Show more
Position Name – Business Systems Analyst – Treasury & Risk.Mode of Work – Hybrid (3 days a week at office).We are looking for a skilled and driven.The ideal candidate should possess strong data ana... Show more
Tundra Technical Solutions pay range.This range is provided by Tundra Technical Solutions.Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.Suppor... Show more
We are currently requesting resumes for the following position.Pickering or Toronto (Hybrid, 3 days remote).Ontario Power Generation (OPG) is seeking an experienced candidate to join our IT Project... Show more
Transform business strategies into technical solutions as an IT Business Analyst with Dexian.This hybrid role based in Toronto focuses on application support and stakeholder collaboration.In this 6... Show more
IT consulting team that partners with major financial institutions, investment firms and government sectors.We have been dedicated to delivering cutting-edge consulting services and recruiting all ... Show more
A global leader in fund services is seeking an IT Compliance Analyst in Toronto.The role involves analyzing and improving IT compliance, coordinating controls testing, and supporting policy reviews... Show more
At Cognizant, our global community sets us apart—an energetic, collaborative and inclusive workplace where everyone can thrive! And with projects at the forefront of innovation, you can build a var... Show more
A global staff augmentation firm is seeking an experienced INGENIUM Business Analyst to join their remote team in Canada.The successful candidate will collaborate with stakeholders to gather busine... Show more
Get AI-powered advice on this job and more exclusive features.Alternate / Related Job Titles:.Senior Business Systems Analyst.Wednesday (second onsite day flexible).Monday-Friday, core business hou... Show more
A leading IT services company is hiring an Information Risk Management Analyst to manage IT risks through evaluation and documentation of controls.The role focuses on risk analysis and reporting, r... Show more
Inspirational, innovative and entrepreneurial - this is how we describe our empowered teams.Combine your passion with purpose and join a culture that is thriving in the face of change.Make an impac... Show more
Join Celestica as an IT Audit Advisor with hybrid flexibility, focusing on high-impact audits and IT risk management.This role is key to driving compliance and operational integrity.Based in Toront... Show more
A leading crypto firm is seeking a senior IT audit professional.This fully remote role emphasizes managing SOC examinations and establishing audit rigor.Ideal candidates will have over 5 years of e... Show more
Become a pivotal Senior Business Analyst in a remote setting.Lead project life cycles, develop user acceptance testing scripts, and ensure successful implementations of sophisticated systems.This r... Show more
