Senior Risk Analyst Job at Payments Canada

Payments Canada Toronto, ON

$91,801–$114,751 a year
Payments Canada allows employees to work in an environment that best promotes their health and productivity, while providing quality in-person events and office experience. We aim to hire locally within the greater Ottawa and Toronto regions.
| Get to Know Us
We are a unique organization at the center of the payments ecosystem and Canadian economy. We are responsible for balancing and leading in an environment of multiple interests, ideas and challenges. We successfully navigate these challenges by adhering to a set of values that in themselves are tensions: Think Big + Act Responsibly, Be Ambitious + Raise the Team, Keep Momentum + Be Rigorous.
In 2021, we cleared and settled more than 8 billion transactions, totaling $135 trillion, or $539 billion each business day.
Payments Canada employees are committed to making payments safer, more accessible and secure for all Canadians. This is where our country connects: https://www.youtube.com/watch?v=nsvxucqX6dY
| Our Culture
We are a collaborative, diverse and passionate group of individuals. We support one another, make impactful contributions to the organization, and develop and nurture meaningful connections across our ecosystem!

Come and join us - Where payments meet purpose!

| About the role

Reporting to the Manager, Enterprise & Payment Product Risk, the Senior Risk Analyst is responsible for supporting the development, implementation, and ongoing maintenance of the payment systems’ risk management approach in alignment with the Enterprise Risk Management (ERM) Program at Payments Canada. The Senior Risk Analyst will support the management and monitoring of risks within various strategic programs (both enterprise and payment systems focused) as well as support and contribute to the Enterprise and Payment Product Risk Team’s development and maintenance of policies and procedures and reporting activities.

Please submit your application by May 31, 2023.

| What You’ll Do

This position will be responsible for the following:
  • Support the development, implementation, maintenance, and continuous improvement of risk management activities for projects and operations, risk frameworks, and tools developed in alignment with the ERM Program;
  • Support the development and implementation of organization-wide training and change management tools/materials in support of the ERM program;
  • Provide monitoring and oversight on open risks to ensure that risks across the organization are being effectively managed in alignment with established practices and risk appetite;
  • Support and contribute to Enterprise Risk Reporting activities including the identification and management of emerging risks, as needed;
  • Provide support to the strategic programs (both enterprise and payment systems focused) with risk management activities from identification, rating, assessments, and acceptances;
  • Support the Enterprise Risk Management Committee and Payments Risk Group functions through secretarial duties such as the coordination, development of meeting materials, invitations and minutes;
  • Develop and maintain effective and collaborative relationships with key stakeholders and subject matter experts across the organization;
  • Communicate and collaborate with risk management and thought leaders within and outside the Payments Canada membership to gather and provide information, advice and solutions and remain abreast of the latest developments in the risk management field.
| Minimum Qualifications

  • Undergraduate degree in business/commerce or analytics (business analytics, finance, accounting, information systems, process management, etc.);
  • Minimum of 4-5 years of recent experience in risk management, process management, business analytics/reporting and/or product management;
  • Knowledge of risk management principles, methodologies, and best practices;
  • Valid criminal record check or eligibility to obtain reliability clearance.
| Salary Range
Based on qualifications and experience: $91,801 and $114,751

| Payments Meets Purpose - What you can expect from us
  • Flexible hybrid (remote/office) environment;
  • Competitive compensation package, including annual variable bonus and defined contribution pension plan with employer matching percentage (if eligible);
  • Comprehensive health and dental benefit coverage, including mental health coverage, life insurance and a health spending account for you and your dependents (if eligible);
  • Paid time off: minimum four weeks paid vacation, sick and personal days, December Holiday Shutdown and Cultural Holiday Observance Days;
  • Paid maternity and parental leave top-up;
  • Rewards and recognition program.
|Our Diversity, Inclusion and Equity Commitment
At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.
We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation by emailing hrinfo@payments.ca.

We thank all applicants for their interest in this opportunity. Preference will be given to Canadian citizens and permanent residents. Only selected candidates will be contacted for an interview. Interviews may be conducted virtually or in person.


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