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We are actively recruiting on behalf of our client for a highly skilled Credit Analyst I to serve as a Third-Party Management (TPM) Governance & Process Management Specialist. This critical role, based in the client's Toronto office, is responsible for ensuring robust governance and effective process management across all assigned third-party relationships. The successful candidate will play a key role in enhancing controls, managing risks, and driving process efficiencies within the Third-Party Management organization. This is a crucial opportunity to contribute to achieving strategic objectives while navigating a fast-paced, cross-functional environment.
Job Responsibility:
Providing comprehensive oversight of all assigned third-party relationships
Collaborating with cross-functional and enterprise teams to enhance controls, effectively manage risks, and streamline processes
Successfully executing on the Canada Site Assessment and the Third-Party Data Share Program
Executing governance activities, including leading control testing and reporting, for the Third-Party Management organization
Ensuring TPM policies, standards, procedures, and processes align with current practices, enterprise requirements, and regulatory mandates
Remaining informed about changes in regulations and industry trends that may influence operational practices
Participating in key management forums and contributing to continuous improvement initiatives
Supporting internal audit reviews, regulatory inquiries, incident management, and remediation activities pertaining to TPM
Demonstrating the ability to navigate ambiguity, manage multiple priorities, and adhere to strict deadlines impacting speed to market
Acting as an effective change agent and developing plans to drive efficiency through innovation
Requirements:
Bachelor’s degree in Business, Management, Technology, or Engineering is preferred
A minimum of 5 years of experience within third-party management/third-party risk management within the financial services industry
A minimum of 5 years of experience working in a cross-functional environment, effectively managing business and stakeholder expectations
Strong knowledge of OSFI B-10 and E-21 is essential
Nice to have:
Possession of the Canadian Risk Management (CRM) designation, the Certified Risk Management Professional (CRMP) certification, or the Certified Third Party Risk Professional (CTPRP) designation
Project Management experience
Strong organizational and prioritization skills
What we offer:
Impactful Role: Direct responsibility for executing essential governance activities, including the Canada Site Assessment and the Third-Party Data Share Program
Professional Growth: Opportunity to remain informed on current regulatory changes and industry trends, supporting continuous improvement and best practices
Strategic Collaboration: Work closely with colleagues and stakeholders across all three lines of defense (1st, 2nd, and 3rd) to achieve organizational goals
Innovation Focus: Chance to utilize an innovative mindset to develop and execute strategies aimed at creating efficiency across TPM processes
Prime Location: Position is located at 161 Bay Street, 20th Floor, Toronto
Contract Duration: Approximately 3 months in duration
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