Business Analyst – Model Risk Management

Job Title: Business Analyst – Model Risk Management Location: Mississauga, ON (Hybrid 3 days/week) Duration: Contract - 6 months About TSR TSR is a trusted staffing and workforce solutions partner with more than 50 years of experience delivery highly qualified talent to support clients' most critical business and technology initiatives. Through a disciplined approach to sourcing, candidate vetting, and delivery, TSR helps organizations scale teams quickly while maintaining quality and reliability. TSR operates with a global delivery model, leveraging specialized teams to support enterprise clients across North America and beyond. In June 2024, TSR was acquired by Justin Christian, founder and CEO of BCforward, a global provider of professional services and workforce solutions. This partnership expands TSR's ability to deliver broader capabilities, global delivery resources, and enhanced opportunities for both clients and consultants. Job Description We are seeking a Business Analyst – Model Risk Management to join our dynamic team. The ideal candidate will have strong experience in model risk governance, Agile delivery, and data migration within risk platforms and a proven ability to translate regulatory and governance requirements into detailed, testable platform specifications. Responsibilities: Requirements elicitation and analysis across Model Risk, model owners, validators, business users, and dependent technology teams, aligned to MRM policies and governance. Epic and user story decomposition with clear acceptance criteria for inventory management, validation lifecycle, and findings tracking. Process and workflow modeling for development, independent validation, approval, and monitoring to enable a unified MRM workflow across tiers. Testing and quality assurance partnership to define test cases and validate solutions for business and regulatory compliance. Stakeholder communication to maintain alignment on requirements, status, and deliverables with MRM leadership and technology. Required Skills & Qualifications: Proven Business Analyst experience within Model Risk Management, model validation, or quantitative risk functions. Knowledge of MRM principles, model tiering, development, independent validation, and monitoring aligned to SR 11-7 and SS1/23 or equivalent guidance. Experience with large-scale data migration, including analysis, mapping, and validation for model inventory or risk data. Agile delivery expertise (Scrum or Kanban) with ability to write Epics, user stories, and acceptance criteria. Strong analytical and problem-solving skills to convert governance needs into technical specifications. Experience reviewing test cases and supporting QA activities for workflow validation. Clear communication and stakeholder management across risk, technology, audit, and leadership. Preferred Skills: Background with model inventory platforms or governance tooling. Experience coordinating with audit and compliance functions on MRM controls and evidence.

The role involves eliciting requirements and decomposing epics and user stories for model risk governance and inventory management. The analyst will also model workflows for independent validation and partner with QA teams to ensure regulatory compliance.

Candidates must have proven experience in Model Risk Management and knowledge of SR 11-7 or SS1/23 guidance. Expertise in Agile delivery and large-scale data migration within risk platforms is required.

• Quality assurancePreferred
• ScrumPreferred

Identified from the job description. Confirm important requirements above.

• Model Risk Management
• Agile Delivery
• Data Migration
• Requirements Elicitation
• User Story Decomposition
• Process Modeling
• Quality Assurance
• Stakeholder Management
• Model Validation
• Quantitative Risk
• SR 11-7
• SS1/23
• Scrum
• Kanban
• Technical Specifications
• Workflow Validation

• Finance & Accounting
• Data & Analytics
• Consulting
• Technology
• Management & Leadership

Minimum experience

5+ years

Apply by

Sep 24, 2026

Posting language

English

Working hours

40 hours per week

Office presence

3 days per week

Seniority

Not Applicable

Application method

Direct apply is available