Senior Analyst, New Initiatives & Vendor Management

Senior Analyst, New Initiatives & Vendor Management Mississauga, ON, Canada Req #2577 Thursday, March 14, 2024 Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure. We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about our mission and each other. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of. This is a place where you can explore, discover and learn with continuous growth. As a diverse and inclusive place to work, there are flexible working arrangements so you can unleash your creativity and curiosity with no limits. If you share the same sense of infinite possibility, come shape your future at Questrade. What’s it like working as a Senior Analyst, New Initiatives & Vendor Management at Community Trust Company? Reporting to a Manager, New Initiative & Vendor Management at Community Trust Company (CTC), the Sr. Analyst, New Initiative and Vendor Management will support the New Initiative and the Third Party Risk Management programs at CTC by working with the lines of business to ensure the implementation of CTC’s New Initiative and Third Party Frameworks. The candidate will display proficiency working with third and fourth party arrangements in a highly outsourced technical environment.Need more details? Keep reading... Work closely with business owner / stakeholders to complete new initiative and third party documentation, risk assessments, and due diligence requirementsIdentify levels of risk and criticality of processes, vendors and new initiativesEnsure new initiatives and third party arrangements are in alignment with CTC’s risk appetite levelsProvide feedback and commentary on documentation and procedure inputs when challenged by the second line of defenseParticipate in vendor reviews (performance reviews, risk assessments, and due diligence)Ensure business activities, functions and services performed are in compliance with applicable legal and regulatory requirements, and internal policies and standardsSupport business lines with the identification, management and reporting of risks and the identification and implementation of control / risk mitigation measures Support business lines with delivery plans for new initiatives ensuring operational readiness and post-implementation reporting delivery is in placeEscalate potential risks for approval / acceptanceReview third party arrangements and contractual clauses providing suggestions and feedback to business and legal with specific attention to service level agreements, sub-contracting, and exit / termination clausesRequest and review vendor documentation for the third party, including but not limited to Business Continuity Plans, Disaster Recovery Testing, and Security Control Audit Reporting (ex. SOC2)Support the Manager to identify opportunities to further enhance New Initiative and TPRM processes that align with strategic goals, enterprise frameworks, statutory and regulatory requirements, risk appetite, and industry best practicesParticipate in addressing internal and external audit review findings and closure activitiesMaintain active project and vendor listingsRegular progress reporting for new initiatives and vendor onboardings So are YOU our next Senior Analyst, New Initiatives & Vendor Management ? You are if… University degree in Business Management, Economics, Finance, or related field2-4 years of Vendor Management experienceFamiliar with Third Party Risk Management Framework and Governance such as OSFI B10Strong understanding of outsourcing arrangements related to IT and Cybersecurity servicesKnowledge of Project Management processesKnowledge of effective Change Management practicesStrong understanding of Business Continuity Plan and Disaster Recovery processesUnderstand contractual terms and conditions and their legal implicationsStrong analytical skills, ability to set prioritiesAbility to understand company-wide project initiatives, see cross-functional impacts, and comprehend overall company business directivesExcellent oral and written communication skills as well as receptive listening skills, able to convey complex ideas in a clear, concise manner to various audiencesNegotiates skillfully and finds common groundManages the risk that comes with moving forward when the outcome isn't certainAdapts quickly to changing conditionsViews mistakes as opportunities to learnEnjoy the challenge of unfamiliar tasksSeeks new approaches to solve problemsSets aggressive goals and high standardsPursues everything with energy, drive and the need to finishPersists in the face of challenges and setbacksCreates a feeling of belonging and strong team morale among cross-functional formal and informal teams #LI-PD1 #LI-hybrid At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. This is an environment where individuals are treated with dignity and respect. Here, the unique skills and experience you bring will be valued. You will be supported and motivated, so that you can harness your unlimited potential. Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career with us. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment/selection process, please let us know and we will work with you to meet your needs. Other details Pay Type Salary