Senior Risk & Governance Specialist

12 Month Rolling Contract

Toronto, Hybrid

Client is Top Five Bank

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Job Description

1. Lead Regulatory Compliance: Collaborate with business partners and regulatory bodies (OCC, OSFI) to ensure compliance with all applicable regulations and industry standards related to fraud, risk management, and customer authentication.

2. Develop and Maintain Risk Frameworks: Create, develop, and maintain robust risk management frameworks and control procedures related to customer authentication, fraud prevention, and data security.

3. Audit and Regulatory Response: Lead the response to audits, examinations, and regulatory inquiries, including the preparation of documentation, data analysis, and issue remediation.

4. Action Plan Management: Oversee the implementation of action plans arising from audits, examinations, and internal risk assessments, ensuring timely and effective resolution of identified issues.

5. Customer Identity and Access Management (CIAM) Oversight: Monitor and evaluate the effectiveness of CIAM systems and processes, including authentication tools like ThreatMetrix and BioCatch, to ensure customer data security and prevent fraud.

6. Risk Assessment and Mitigation: Conduct ongoing risk assessments, identify potential vulnerabilities, and develop and implement mitigation strategies to minimize risk exposure.

7. Policy and Procedure Development: Develop, maintain, and communicate clear and concise policies and procedures related to fraud prevention, risk management, and compliance.

8. Stakeholder Management: Build and maintain strong relationships with internal and external stakeholders, including regulators, auditors, and business partners.

9. Continuous Improvement: Stay abreast of evolving regulatory requirements, industry best practices, and emerging threats to ensure the organization's risk management framework remains current and effective.

10. Authentication Tools: Knowledge about authentication tools like ThreatMetrix, LexisNexis, BioCatch, Telesign etc.

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Qualifications:

• Bachelor's degree in Finance, Accounting, Law, or a related field.

• 5+ years of experience in risk management, compliance, or a related field within the financial services industry.

• Strong understanding of regulatory requirements and industry best practices related to fraud prevention, anti-money laundering (AML), and know-your-customer (KYC).

• Experience with CIAM systems, authentication tools (ThreatMetrix, BioCatch), and fraud prevention technologies.

• Excellent analytical, problem-solving, and communication skills.

• Strong project management and organizational skills.

• Ability to work independently and as part of a team.

• Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Information Systems Auditor (CISA) are a plus.