Risk Analyst

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

Reporting to the Third Party Risk Management (TPRM) Expertise Lead, the Risk Analyst is responsible for managing the operational execution of due diligence activities for select risk domains, managing and mitigating risks identified during the associated tasks. This individual will assist the organization in the identification, classification, measurement and monitoring of third party risks. In addition, this person will support key projects with strategic importance by working closely with the TPRM Expertise team, strategic sourcing, operational risk management, legal, compliance, business, and other functional partners. This role will also be responsible for providing Partner training and leading awareness sessions highlighting key regulatory improvements and updates to the assessment platform.

Does this sound like your next challenge? Come join our team!

What You’ll Do

• Manage and support operational execution for our centralized risk domains (concentration risk, operational resilience & subcontractor risk).
• Responsible for conducting due diligence assessments in cooperation with risk partners.
• Responsible for development and tracking of remediation plans based on outcomes of due diligence, working with Business Users to track completion
• Provide data and / or other feedback as required to risk collaborators on execution of risk area activities and on risk assessments for tracking and monitoring by TPRM Support / Coordinator role where required.
• Manage TPRM program monitoring responsibilities which include identifying, reporting and mitigating existing risk as well as any potential risk exposure.
• Develop reports for use by business areas and senior management regarding third-party risks.
• Identify and advance key items of concern regarding new and existing current third –parties, including the potential of concentration risk and fourth-party risk exposures.
• Support the cross functional community of practice for third and fourth party risk.
• Support in other strategic projects or priorities as defined.
  
  

What You’ll Bring

• Diploma or degree in business, economics, finance or other related field or equivalent experience.
• Three to five years of relevant enterprise and/or operational risk management experience, preferably in the property/casualty insurance or related industry.
• Risk management qualifications or equivalent.
• Understanding of risk management principles, methodologies, and frameworks with deep understanding of third-party risk subject matter, particularly in operational resilience, subcontractors, and concentration risk.
• Understanding of core vendor management and procurement activities and principles.
• Data analytical skills including proficiencies in Excel and / or additional data reporting tools.
• Effective communication skills including ability to draw insights from data analysis and risk outcomes.
• Strong understanding of relevant regulations and industry standards related to TPRM guidelines.
• Ability to form and maintain professional relationships, collaborate and work effectively with key internal collaborators.
• Experience working with vendor risk management software solutions, specifically with SAP Ariba Risk, Archer, and Logigate management platforms would be considered an asset.
  
  

What You'll Get

• Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• Outstanding Career Development opportunities.
• We’ll support your professional development education.
• Competitive vacation package with the option to purchase 5 extra days off per year.
• Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion.
• Corporate wellness programs to support our employees’ physical and mental health.
• Hybrid flexible work model.
  
  

Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.