Job Specifications
Data Risk Assessment Analyst
Apex Systems is a global IT services provider and our consulting practice has an opening for a Data Risk Analyst with strong analytical, communication skills and attention to detail to place at our client, a Big Five Bank for an important and growing project.
Client: Big Five Bank – Data Risk Assessment Team
Terms: 6 month rolling contract.
Perks: Be part of an internationally recognized organization and a highly cohesive, friendly, high performance team!
Location: Halifax/Bedford (Primary), Hybrid (4 days/week in office)
Application Process: It is best to apply via the medium on which you are seeing this posting. If you encounter technical difficulties submitting your resume, please send a Word version of your resume to Diana Baraky at dbaraky@apexsystems.com Please reference: Data Risk Analyst
Job Summary:
As an Analyst with the Risk Identification & Data Remediation team, you will be accountable for Data Risk Assessment (DRA) to assess the effectiveness of data (including data governance and management controls) and BU’s controls, effectiveness of operations, and Data Risks to prioritize risk treatment activities to manage the information management risk profile.
You will work in collaboration with other teams and stakeholders providing data services such as Data Risk Assessment, Data Lineage, Risk and Control detail information, Data Quality, Metadata management, and Data Completeness etc.
You will also work with business partners across the organization including Finance, Group Risk Management, Personal & Commercial Banking, Capital Markets, and Wealth Management.
Key Responsibilities:
Support Data Risk Assessment in relation to all BU’s processes and reports
Be a proactive analyst with a strong analytical mindset and the ability to translate data insights into actionable compliance strategies
Perform Data Risk Analysis specifically for risk identification, evaluate controls, review and complete detail questionnaire to support RBC Units across the bank
Track and prioritize DRA for key business processes and Regulatory reports, utilizing the underlying CDO framework and guidelines of data governance
Create and support repeatable, robust process that will meet audit and regulatory requirements to identify Data Risks and Controls for RBC’s key processes/businesses
Identify, capture and curate metadata associated with DRA (such as Risk Metrics, Data Classification, Risk Types, Control information, Owning Data Domain, vintage tags among other things) for key business processes and reports
Engage with key stakeholder (Process Owners) from GRM, Finance, Liquidity and other key business domains to gather relevant information
Assist in gathering information about business processes, data flow, risks associated with reports/business process, and detail control information to manage the information management risk profile
Identify opportunities for service improvements, as well as proposed options for improvements and facilitate implementation if required
Manage and report on work status, including escalating execution risks in a timely manner
Build individual technical and communication skills and participate in knowledge-sharing activities as they become available
Gain and apply an in-depth understanding of data management, data governance, risk types, controls, and metadata tools and systems to support the definition and documentation of effective data elements
Work with the Chief Data Office and other Data Management Offices to support standards and best practices to improve data quality, participating in initiatives to raise awareness and drive improved data quality across the organization (e.g., Data Working Groups, Data Literacy projects)
Requirements:
2+ years of experience in accounting, risk management, data management and/or business analysis
Relevant experience with credit risk data, data quality principles, data control design, self-assessment of existing processes and systems
Undergraduate degree in a numerical discipline, business administration, finance or a combination
Good communications skills - verbal and written
Nice to Have:
Self-starter, highly motivated, having a strong drive to achieve tangible results; ability to manage multiple competing priorities in times of stress
Ability to analyze and comprehend complex financial products, reporting and data related issues
Familiarity with financial service regulatory requirements and guidelines (e.g. BCBS239, IFRS 9, CECL)
Knowledge of SQL, Archer, Collibra, and IIPM
Additional Information:
Top 3 skills you would like the candidate to have:
1. Good communications skills - verbal and written
2. Problem-Solving
3. Relevant experience with credit risk data, data quality principles, data control design, self-assessment of existing processes and systems
Top primary goal within 6 months:
Should be able to demonstrate and get insight of the DRA analytical processes and tools, leading to a measurable imp
About the Company
Apex Systems is a leading global technology services firm that incorporates industry insights and experience to deliver solutions that fulfill our clients' digital visions. We offer a continuum of services, specializing in strategy, transformation, and managed services across application development, data, enterprise platforms, cloud and infrastructure, and cybersecurity. Through our ability to innovate alongside our customers, we build and deploy the right artificial intelligence solutions to realize business value and impr...
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