it risk analyst, Montreal

randstad canada
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job details

montreal, québec
job type
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randstad canada
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job description

The Information and Communications Technology Risk department is part of the Group Risk Functions within the company organization. It is a part of the 2nd line of defence under the Bank’s Chief Cyber & Technology Risk Officer. The department has responsibility for the identification of key technology risks to the Bank and influencing business and technology partners to take sound risk management decisions. This is achieved by delivering:

• Application & Infrastructure Risk Assessments working with the Business and Technology teams to identify security issues in existing and new systems, and agree on corresponding actions to mitigate or accept risks. Tracking issues and agreed actions to completion.
• Horizontal Risk Assessment: Assessing technology risks in relation to a particularly large project, theme or technology across the organization. Examples could be assessments of the firewall change process, applications processing >$5m per day, applications hosted in the cloud, etc.
• Vertical Risk Assessments: Assessing risks to a product, service, technology or infrastructure. For instance, we may complete a vertical assessment on our remote working solution (including Infrastructure, applications, data, threats etc.) or our Internet connectivity.
• Strategy Risk Assessment: Assessing risks during Master bi-yearly strategic plans of Group entities.
• Partnership to the Business and Technology teams in helping them understand their technology risk profile and influencing their risk management decisions.
• Recurrent analysis of maturity of controls on all entities of the Group.

Involved in running and improving the development and implementation of the worldwide ICT risk assessment program, the candidate will have a proven track record of developing and implementing risk assessment programs in global organizations, with robust knowledge of technology, risks, architectures and related tools. Prior ICT risk experience (IT, Cyber, Vendors, etc.) is required.

The individual will develop, use and communicate the risk assessment engagement models to ensure that ICT risk considerations are accounted for in all the bank’s operations.
This is a start-up role that will help create the function, drive program in a team of 10 people worldwide. There is a need to consolidate some of the other existing Operational, IT & Cyber risk functions from other groups into this one and roll out across the enterprise, so an influencer and trust builder who can sell a value proposition is important. Negotiation and Conflict Management skills are an absolute must. The bank is undergoing a significant technical and operations reorganization/transformation including outsourcing functions, streamlining and refactoring applications. The candidate will participate in this effort from an independent risk assessment of these projects and will present findings to the board and executive committees. Excellent presentation & executive presence skills are thus necessary. Experience interacting with regulatory agencies is required.

Risk Management Environment:
• Assessments: Participates to the identification and assessment of operational risks that must be effectively performed across the organization by correlating inputs from Audit Findings, Internal Loss Data Collection & Analysis, External Data Collection & Analysis, Risk Control Self Assessments, Business Process Mapping, KPIs & KRIs, Scenario Analysis, Quantified Measurement & Comparative Analysis.
• Monitoring & Reporting: Participates in the implementation of a process to regularly monitor operational risk profiles and material exposure to losses and provide appropriate reporting mechanisms to the board, senior management and the business lines. Data capture and operational risk reporting should be continuously enhanced and provide a feedback loop to enhance risk management policies, procedures and practices.
• Control & Mitigation: Improves the effectiveness of the Internal Controls program by reviewing the control environment, assess risks in processes, control activities, information and communication and monitoring activities. Assesses operational risk response strategies. Validates risk transfer options. Participates in the development of the risk culture in the company. Measures periodically the designs and effectiveness of controls.

Risk Disclosure:
• Provides updates on regulatory and financial disclosure while complying with external and regulatory communication standards and disclosing the operational risk management framework of the bank in a manner that complies with the formal disclosure policy approved by the board of directors.
• Participates in determining what operational risk disclosures are made and the internal controls over the disclosure process. Implements a process to assess the appropriateness of the disclosures, including the verification and the frequency.

Governance and Oversight:
• Participates in the establishment of the IT & Cyber Risk Assessment Program for the bank within the three lines of defence model in alignment with the Group Risk Management Framework.
• Participates in the effective implementation and communication of Operational risk management policies and guidelines.
• Provides support to other teams with respect to the management of security and technology risks of core systems and applications.
• Participates in the overseeing of the Operational risk management infrastructure and ensures practices are consistent with regulatory expectations and industry sound practices.
• Provides IT & Cyber risk management consulting to the business, technical and operations groups.
• Participates to appropriate risk management governance committees and arranges agendas as appropriate.
• Participates in the oversight model of IT and Operations Transformation projects including the review of major outsourcing partners.

• 8 to 15 years Information Security experience specifically in risk assessment, third party and technology assessments.
• A professional qualification relevant to Information Security (such as a university degree, CISA, CISSP, CISM, CRISC, ITIL);
• Knowledge of regulations applicable to the financial sector (ie. Basel, ECB, AMF, FSA, FFIEC, SMA, HKMA, FED, CNI requirements, EBA…);
• Knowledge of control frameworks (COSO, Cobit…);
• Thorough understanding of the ISO27005/ISO31000 and overall the ISO 2700X series of standards and guidelines;
• A good understanding of large-scale technology infrastructure and information systems architecture;
• Excellent understanding of emerging technologies: CLOUD, IoTs, etc.
• Experience in the Financial Services industry is a must.
• Experience with GRC tools and other risk management information systems is preferred.

• Bilingual: English and French, Spanish is an asset;
• Team-player: focus on the success of the whole team. Working well both with others, as well as individually;
• Good stakeholder management skills;
• Interest or experience in a Technology Risk, Information Security or an IT control role;
• Good listening and analytical skills; being able to come to a thoughtful and business-focused conclusion quickly;
• Ability to co-operate and work well with others adopting an approachable style. Important as we work closely with a large and diverse set of suppliers and customers;
• Ability to see the customer perspective, i.e. from a business point of view, the most secure solution is not always workable or realistic considering costs and benefits;
• Taking accountability for his actions and be open and honest when things have gone wrong, and celebrating successes when things have gone well;
• Being rigorous and thorough, especially when logging and tracking issues through to conclusion;
• Ability to manage their workload as to meet the realistic targets and priorities set in conjunction with management;
• Experience of formal document creation, such as the creation of presentations, reports or procedures. Presenting documentation in a professional and well-structured format;
• Strong MS Office skills (core applications) including the capability to perform data analysis with XL.
• Demonstrating a high level of commitment and self-motivation, combined with enthusiasm and a genuine interest in the role of Risk Assessment in business;
• Ability to express views clearly and fluently, both orally and in writing. Considers the audience, avoiding technical jargon wherever necessary and appropriate.

• Demonstrate proactivity and transparency;
• Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure.

Randstad Professionals Canada
Randstad Canada is committed to building a diverse workforce reflective of the diversity of Canada. As a result, we promote employment equity and encourage candidates, especially those who identify as a woman, an Aboriginal person, a person with a disability or a member of a visible minority group, and any others who may contribute to the diversification of our workforce, to apply.

Randstad Canada is also committed to developing an inclusive, barrier-free selection processes and work environments.If contacted in relation to a job opportunity, you should advise your Randstad Representative or your local Randstad branch in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner.Information received relating to accommodation measures will be addressed confidentially.

For all feedback on equity and accommodation needs, please contact your local Randstad Canada Branch.