Senior Analyst, ORM & Third-Party Risk

Job summary

The Senior Analyst will support the Third-Party Risk Management program by assessing, monitoring, and reporting risks associated with service providers. They will also collaborate with cross-functional teams to manage operational risks and ensure compliance with regulatory standards.

Job details

The Senior Analyst, ORM & Third-Party Risk will report to Manager, Third-Party Risk and primarily support the organization's Third-Party Risk Management program while also contributing to broader Operational Risk Management objectives as needed. This role is responsible for assessing, monitoring, and reporting risks arising from third-party relationships, ensuring suppliers and service providers operate in accordance with the organization's risk appetite, regulatory requirements, and governance standards. Working closely with business owners, procurement, legal, technology, cybersecurity, compliance, and risk stakeholders, the Senior Analyst provides effective challenge and oversight throughout the third-party lifecycle while supporting operational risk assessments, issue management, resilience considerations, and risk reporting activities. Key Responsibilities Third-Party Risk Management Support the execution and continuous improvement of the Third-Party Risk Management framework, policies, standards, and procedures. Co-ordinate third-party risk assessments across various risk domains, including operational, cyber, information security, privacy, compliance, financial, and resiliency risk. Review inherent and residual risks associated with third-party relationships and recommend appropriate mitigation strategies. Monitor third-party risk profiles and track remediation activities to ensure identified risks are effectively managed. Support ongoing monitoring activities and periodic reassessments of critical and high-risk third parties. Partner with procurement, legal, and business stakeholders throughout the onboarding, renewal, and termination processes. Prepare third-party risk reporting, metrics, dashboards, and committee materials for management and governance forums. Support regulatory examinations, audits, and reviews related to third-party risk management activities. Operational Risk Management Support Operational Risk Management activities, including risk and control assessments, issue management, and risk reporting. Assist in identifying, assessing, and monitoring operational risks associated with critical business processes and third-party dependencies. Collaborate with Operational Resilience, Business Continuity, Cybersecurity, and Enterprise Risk teams to assess risks associated with critical service providers. Participate in the evaluation of concentration risk, fourth-party dependencies, and supply chain resiliency considerations. Qualifications Required Bachelor's degree in Business, Risk Management, Supply Chain Management, or a related field. 3-5 years of experience in Third-Party Risk Management, Operational Risk Management, Enterprise Risk, Compliance, Audit, Procurement Risk, or a related discipline. Strong understanding of third-party risk management principles and lifecycle activities. Experience conducting risk assessments and analyzing control environments. Strong analytical, critical thinking, and problem-solving capabilities. Excellent written and verbal communication skills. Ability to effectively challenge stakeholders and influence risk-informed decision-making. Advanced proficiency in Microsoft Excel, PowerPoint, and reporting tools. Preferred Experience within financial services, insurance, healthcare, or other regulated industries. Familiarity with operational resilience, business continuity, vendor management, or cybersecurity risk management practices. Experience with Governance, Risk, and Compliance (GRC) platforms and third-party risk management tools. Working knowledge of industry frameworks and standards related to risk management and third-party oversight. Professional certifications such as CRISC, CISA, CISSP, CBCP, MBCI, CTPRP, or equivalent are considered an asset. Success Measures Effective execution of third-party due diligence, risk assessments, and ongoing monitoring activities. Timely identification, escalation, and management of third-party risks and control concerns. High-quality risk reporting and governance support for leadership and risk committees. Strong stakeholder engagement across business, procurement, legal, technology, and risk functions. Contribution to a mature and effective risk management program through continuous improvement initiatives and proactive risk oversight. This posting represents an existing vacancy within our organization. We may use artificial intelligence tools as part of our recruitment process to assist in the initial screening of resumes. All hiring decisions, including candidate evaluation, selection, and disposition, are made by human recruiters. About Us At Canadian Tire Services Limited/Canadian Tire Bank, it is our mandate to continue to create innovative and rewarding financial solutions for our customers. Our growing suite of products and services showcase the dynamic contributions from our employees and our success is driven by a strong vision, loyal customers, and our ability to build teams that reflect the diverse customers and communities in which we live and work. Join us, where there's a place for you here. Our Commitment to Diversity, Inclusion and Belonging We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better. . Accommodations We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.

What you’ll do

The Senior Analyst will support the Third-Party Risk Management program by assessing, monitoring, and reporting risks associated with service providers. They will also collaborate with cross-functional teams to manage operational risks and ensure compliance with regulatory standards.

Requirements

Candidates must have a bachelor's degree in a relevant field and 3-5 years of experience in risk management, compliance, or audit. Strong analytical skills and proficiency in risk assessment frameworks are essential for this role.

Listed skills

• Problem solving · Preferred
• Data analysis · Preferred
• Compliance · Preferred
• Microsoft Excel · Preferred
• Communication · Preferred
• Critical Thinking · Preferred
• Audit · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Third-party risk management
• Operational risk management
• Risk assessment
• Compliance
• Audit
• Procurement risk
• Cybersecurity
• Information security
• Data analysis
• Critical thinking
• Problem-solving
• Communication
• Microsoft Excel
• Microsoft PowerPoint
• Governance
• Resilience
• Compliance Auditing
• Certified Information System Auditor (CISA)
• Influencing Skills
• Supply Chain
• Issue Management
• Operational Resilience
• Legal Technology
• Third Party Risk Management
• Cybersecurity Risk Management
• Cybersecurity Compliance
• Auditing
• Business Continuity
• Dashboard
• Management
• Business Process
• Certified Business Continuity Professional
• Certified Information Systems Security Professional
• Decision Making
• Procurement
• Quality Auditing
• Continuous Improvement Process
• Certified In Risk And Information Systems Control
• Critical Thinking
• Cyber Security
• Due Diligence
• Financial Services
• Governance Risk Management And Compliance
• Leadership
• Innovation
• Problem Solving
• Risk Management
• Object-Relational Mapping
• Operational Risk
• Operational Risk Management

Job areas

• Finance & Accounting
• Security & Safety
• Management & Leadership
• Technology
• Third Party Risk Analyst
• Risk Consultant
• Management and Organization Analysts
• Financial Risk Specialists

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