TekStaff's Client has an open position for a Sr. Regulatory Compliance Analyst.
Contract Duration: 11 months
Location: Toronto, ON - Hybrid (2-3 days/week onsite)
Typical Day in Role:
- You proactively support the Director, Technology Regulatory Compliance by enabling RCM activities and developing a Target Operating Model, an interaction model, and an implementation roadmap; you also create detailed plans to prioritize and execute multiple workstreams to achieve full technology regulatory compliance.
- Specifically, supporting the Director, Technology Regulatory Compliance, in identifying regulatory obligations and controls according to the technology compliance risk domain(s) assigned to you. This will require working with technology and security Risk Owners across Technology and Digital Banking; Senior Vice Presidents (SVPs); Chief Information Officers (CIOs); the Chief Information Security Officer (CISO); and control teams.
- Collaborate and work closely with Business Lines (BLs)/Corporate Function (CFs) partners and technology teams to document controls and map to the technology obligations embedded in business-specific regulations for enterprise-level controls.
- Proactively maintain the regulatory library on an ongoing basis by updating the obligations as well as related control documentation and accurate mapping of the correct controls to the obligations. Regularly assess inherent risk, control strength, and evaluate residual risk.
- Work actively with the global team of risk professionals to develop a technology and security control testing methodology and develop/identify the right tools to assist the execution of testing activities. Create and maintain effective reporting and analytics on the compliance measures to monitor and drive compliance gap remediation.
- Proactively identify opportunities to improve effectiveness and enhance risk identification and management policies and processes.
- Partner with other risk groups and contribute to the ongoing update and enhancement of controls, frameworks, policies, risk indicators, and metrics.
- As needed, collaborate and appropriately challenge the technology and security teams in the assessment of the effectiveness of controls to mitigate regulatory obligations as well as the remediation of control gaps.
- As needed, coordinate with technology and security teams and the testing team to develop and execute testing activities.
Candidate Requirements/Must Have Skills:
- 10+ years of relevant combined experience in Compliance, Legal or other Control Functions (Audit, Risk, etc.)
- Strong knowledge in regulatory and industry frameworks, guidelines and standards governing the management of technology systems and information security (OSFI, COBIT, NIST, ITIL etc.) A Law degree would be a strong asset.
- Experience in interpreting Information technology and security regulatory rules.
- Great relationship manager and collaborator with solid communication (verbal/written) skills in English is critical for the role.
Nice-To-Have Skills:
- Spanish is a strong asset.
- Expert in the use of Reporting, Analytics and Presentation tools
- Recent experience with Financial institutes or banks is nice to have.
Soft Skills Required:
- Excellent communication and stakeholder management abilities
- Experience collaborating with senior executive level stakeholders, internal auditors and other stakeholders within the organization is critical for the role.
TekStaff may use artificial intelligence (AI) tools as part of the applicant screening process. However, applications will also be reviewed by a member of our Recruitment team to ensure a fair and thorough assessment.
