Sr. Analyst Third Party Risk Management

Permanent Full Time 

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We are looking for a Senior Analyst, to Support our Third Party Risk 1B function Team.

Reporting to the Manager in Third Party Risk, the Senior Analyst plays a crucial role in assessing and managing the risks associated with an organization's external vendors, suppliers, and partners. This role will focus on the Quality, Monitoring, and Reporting:

• • Continuously monitor the quality of risk profile of third-party vendors and update risk assessments, as necessary.
  • Prepare and present risk reports to senior management and stakeholders.
  • Collate and record incidents involving third-party vendors, including breaches of contract or security incidents.

What you will do 

• Assist in providing a holistic view of third-party risks across the organization
• Assist in performing risk assessments such as RCAs, etc.   
• Support monitoring and tracking of KPIs/KRIs, Third Party risk related issues, audit findings, and exceptions related to policy / standard.
• Assist in the preparation of reports to highlight quality checks and risk exposures.
• Provide guidance to contract owners in implementation, and continuous monitoring of controls that reduce a broad spectrum of third-party risks.
• Provide subject matter expertise in third party risk management.
• Foster, advocate for and strengthen Canada Life’s overall third-party risk posture. 
• Support both regulatory and internal audit compliance activities related but not limited to B10, E21, DORA.

Skills and Qualifications

1. Analytical Skills:
   • Strong analytical and problem-solving skills to assess and mitigate risks effectively.
2. Attention to Detail:
   • High level of attention to detail to identify potential risks and ensure thorough assessments.
3. Communication Skills:
   • Excellent written and verbal communication skills to prepare reports and communicate with vendors and internal stakeholders.
4. Knowledge of Regulations:
   • Understanding of relevant regulations and standards, such as GDPR, HIPAA, and ISO 27001.
5. Technical Proficiency:
   • Familiarity with risk management software and tools.
   • Basic understanding of cybersecurity principles.
6. Project Management:
   • Strong project management skills to manage multiple assessments and remediation plans simultaneously.

Education and Experience

1. Educational Background:
   • Bachelor’s degree in risk management, finance, business administration, or a related field.
   • Certifications such as Certified Third Party Risk Professional (CTPRP) or Certified Information Systems Auditor (CISA) are advantageous.
2. Experience:
   • Previous experience in risk management, compliance, audit, or a related field.
   • Experience with vendor management and procurement processes.

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The base salary for this position is between  $63,500.00 - $117,400 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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