Required Skills & Experience

• 5+ years of experience in risk, governance, control testing, documentation, or regulatory compliance.
• Experience assessing internal operational controls.
• Ability to think critically and possess strong attention to detail.
• Banking or large financial institution experience.
• Knowledge of deficiency management
• CIRA (Change Initiative Risk Assessment), RCSA (Risk & Control Self-Assessment), or similar.

Nice to Have Skills & Experience

• Personal & Business Banking or Wealth Management or Commercial Banking
• MBA or CPA

Job Description

Insight Global is seeking a Senior Business Controls Consultant to join a top bank in Toronto on a hybrid basis. They will be responsible for identifying risk exposures and control gaps, analyzing operational losses, root causes, and proposing recommendations to mitigate these risks. This role will lead incident reporting investigations and the Change Initiative Risk Assessment (CIRA) process, ensuring compliance with regulatory, legislative, and operational requirements. Key Responsibilities: Risk Assessment/Remediation: • Identify and address risk exposures and control gaps. • Analyze and propose solutions for operational losses and root causes. • Establish and review controls. • Oversee risk management requirements and audit support. • Develop and implement control improvement solutions. • Manage key controls to mitigate risks and potential losses. • Ensuring control testing is adequately supported and accurately documented in accordance with the organization's operating model. • Clearly and concisely documenting and communicating testing results to management, including identification of root causes and enhancement opportunities • Test controls for design and effectiveness across the enterprise.