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Senior Analyst Third Party Risk Management

Canada Life

Toronto, ONOn Site

Original Job Summary

Overview

Canada Life is seeking a Senior Analyst Third Party Risk Management to support the Third-Party Risk 1B function team. Reporting to the Manager in Third Party Risk, you will assess and manage risks related to external vendors, suppliers, and partners.

Key Responsibilities

  • Continuously monitor risk profiles of third-party vendors.
  • Prepare and present regular and ad-hoc risk reports.
  • Document incidents, breaches, and security events.
  • Develop dashboards and visualization reports using data insights.
  • Maintain operational procedures and track KPIs/KRIs.
  • Assist with risk assessments, audits, and compliance activities.
  • Provide subject matter expertise and guidance on controls.

Qualifications

  • Bachelor’s degree in risk management, finance, business administration or related field.
  • Certifications like CTPRP or CISA preferred.
  • Experience in risk management, compliance, or audit.
  • Proficient with Excel and PowerBI.
  • Understanding of GDPR, HIPAA, ISO 27001 and cybersecurity basics.

Compensation and Benefits

The base salary ranges from $63,500 to $117,400 annually, with additional components as part of the total rewards program.

About Canada Life

Join a diverse and inclusive team focused on improving Canadians' well-being. Canada Life, part of the Power Financial Corporation group, is a trusted insurer offering a broad portfolio of financial solutions.

Key skills/competency

  • Risk Management
  • Compliance
  • Reporting
  • Dashboarding
  • Data Visualization
  • Vendor Management
  • PowerBI
  • Excel
  • Audit
  • Regulatory Compliance

How to Get Hired at Canada Life

🎯 Tips for Getting Hired

  • Customize your resume: Highlight risk management experience.
  • Research Canada Life: Understand their risk posture and culture.
  • Showcase technical skills: Emphasize Excel and PowerBI proficiency.
  • Prepare for behavioral interviews: Use specific examples from past roles.

📝 Interview Preparation Advice

Technical Preparation

Review risk assessment methodologies.
Practice Excel and PowerBI dashboards.
Study relevant regulatory frameworks.
Familiarize with risk management software.

Behavioral Questions

Describe a time you managed vendor risk.
Explain your teamwork during compliance challenges.
Discuss an instance managing conflicting priorities.
Share how you solved a reporting issue.