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Junior Risk Analyst

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Skill Farm

2mo ago

  • Job
    Full-time
    Junior Level
  • Data
    Banking & Finance
  • Toronto

AI generated summary

  • You need excellent MS Access, Excel, and data processing skills; strong communication, organizational abilities; 1-2 years in finance; and analytical problem-solving expertise.
  • You will manage regulatory data, analyze insights, automate reporting, track deliverables, assist with remediation, support regulatory exams, and handle related tasks as assigned.

Requirements

  • Excellent MS skills (Access, Word, Excel, PowerPoint)
  • Proficiency in MS Access, including database design, queries, forms and reports is preferred
  • Experience in data processing techniques (VBA, Python or other language) is required
  • Advanced proficiency in Microsoft Excel (i.e., advanced formulae, vlookup and pivot table) is a must
  • Strong understanding of relational database concepts and best practices
  • Excellent communication (written and verbal) and interpersonal skills
  • Strong attention to detail, highly organized with strong time and organizational/project management skills
  • Agile, adaptable, “can-do” attitude, high degree of responsiveness and initiative
  • 1-2 years' experience in the financial industry
  • Strong analytical and problem-solving skills

Responsibilities

  • Management of the regulatory information database, ensuring accuracy of the data
  • Ongoing analysis of regulatory information to glean themes and insights and operational analytics
  • Automating and finding innovations for Regulatory Risk Mgmt reporting
  • Tracking internal and external regulatory deliverables within strict deadlines
  • Assisting business partners in managing the findings remediation process (e.g., reminders, communicating findings' status, etc.)
  • Supporting the regulatory examination process by providing quality assurance, preparing documents, monitoring and tracking deliverables, and collation and delivery of submissions to the regulator
  • Supporting the Daily news process for deployment by 8:00AM ET as required
  • Management of procedures and policies as required
  • Supporting other related activities assigned by the management.

FAQs

What are the primary responsibilities of a Junior Risk Analyst?

The primary responsibilities include managing the regulatory information database, analyzing regulatory information for insights, automating reporting processes, tracking regulatory deliverables, assisting in findings remediation, supporting regulatory examinations, and managing relevant procedures and policies.

What skills are required for this position?

Required skills include excellent MS skills (particularly in Access, Word, Excel, and PowerPoint), proficiency in MS Access, experience in data processing techniques (such as VBA or Python), advanced proficiency in Excel, strong understanding of relational database concepts, excellent communication skills, strong attention to detail, and strong analytical and problem-solving abilities.

Is experience in the financial industry necessary for this role?

Yes, 1-2 years of experience in the financial industry is required for this position.

What level of Excel proficiency is needed?

Advanced proficiency in Microsoft Excel is a must, including advanced formulae, VLOOKUP, and pivot tables.

Will I receive training for this role?

Yes, training and support will be provided as needed to ensure you are equipped to fulfill the job responsibilities.

What kind of projects will I be working on?

You will be involved in projects related to regulatory risk management, regulatory information analysis, compliance tracking, and sustaining efficient reporting processes.

What is the expected start time for the daily news process?

The daily news process is expected to be deployed by 8:00 AM ET as required.

Are there opportunities for career advancement in this role?

Yes, there are opportunities for career advancement, and you will gain valuable experience in the regulatory risk management field which can lead to further career development.

Is a specific educational background required for this position?

While specific educational requirements are not mentioned, a background in finance, economics, or a related field would be beneficial.

How important is attention to detail for this role?

Attention to detail is crucial for this role, as you will be managing regulatory data and ensuring all information is accurate and timely.

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Human Resources
Industry
1-10
Employees
2023
Founded Year

Mission & Purpose

Skillfarm is a professional development platform that focuses on building and enhancing skills in areas such as leadership, communication, and problem-solving. Their ultimate mission is to empower individuals and teams to achieve their full potential through targeted skill-building programs. The purpose of Skillfarm is to bridge the gap between existing skills and the demands of the modern workplace, enabling users to thrive in their careers by offering practical, real-world training solutions.