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Posted 64 months ago

Senior Advisor, Operational Risk

@ Bay Street Staffing

Toronto, Ontario

Full-time7+ years experience
Apply now
SIGNALS

Overview

Bay Street Staffing is hiring a Senior Advisor, Operational Risk, a full-time role monitoring operational risks at corporate level for a bank and its subsidiaries. The work covers risk program enhancements, third-party risk management, risk event analysis, key risk indicators and training. Candidates need seven to 10 years of relevant experience and a university degree; bilingual English and French is preferred.

Responsibilities:

  • Monitor operational risk issues and risk events across the bank
  • Support third-party risk management and reporting
  • Analyse root causes and oversee corrective action plans
  • Develop key risk indicators and training programs
  • Provide advisory services and mentorship

Requirements summary:

  • University degree and seven to 10 years of relevant experience
  • Expertise in third-party risk management
  • In-depth knowledge of COSO and COBIT frameworks
  • In-depth knowledge of banking products
  • Strong analytical and communication skills
  • Bilingual English and French preferred

Tools & skills

Source and dates

Source type not verified · zoho

Employer posting date
2021-07-25
First seen by our source
2026-10-15
Source record updated
2026-10-15

These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.

Job details

SenioritySenior
DepartmentFinance & accounting
Experience7+ years
Hours per week40 (estimated)
Work settingOffice
PositionMostly sitting
Physical demandsphysical low · computer high
LanguagesEnglish, French
EducationBachelor’s degree (required)

Summary and details written by AI from the posting; the employer’s posting is the authority.

Bay Street Staffing

Saved company profile

Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.

Bay Street Staffing is Canada's leading boutique recruitment agency.

Full company description

Bay Street Staffing is a Leader in the boutique staffing sector—offering fast, agile, exceptional customer service. We have partnered with some of Canada’s largest organizations to help them deliver the talent they are looking for. Building solid relationships built on trust and integrity is our signature at Bay Street Staffing. Bay Street offers expert, specialized recruiting practices that result in sought-after matches between candidates and employers. Today’s challenging business climate demands that companies hire the best talent to maintain a competitive edge. Bay Street Staffing’s consultants offer specialized insight into local markets, employment trends, global networks and the impact on the Canadian workforce.

LinkedIn followers
131,054
People associated on LinkedIn
38
Reported office locations
  • 301 King St. West 2nd Floor, Toronto, ON M5V1J5, CA
Other recorded names
  • Bay Street Staffing
Specialties
  • Recruitment
  • Human resources
  • Talent Acquisition
  • Sales
  • Capital Markets
  • Agile
  • Fintech
  • Scrum
  • Team Management
  • Agile Methodologies
  • Marketing
  • Social Media Marketing
  • CIM
  • Finance
  • Securities
  • Investments
  • Linkedin
  • Business Development
  • and Employee Engagement
Profile identifies a recruitment agency
Yes

Bay Street Staffing is a Leader in the boutique staffing sector—offering fast, agile, exceptional customer service. We have partnered with some of Canada’s largest organizations to help them deliver the talent they are looking for. Building solid relationships built on trust and integrity is our signature at Bay Street Staffing. Bay Street offers expert, specialized recruiting practices that result in sought-after…

FieldValue
IndustryStaffing and Recruiting
Company size11-50 employees
HeadquartersToronto, ON
Organization typePrivately Held
Year founded2010
SpecialtiesRecruitmentHuman resourcesTalent AcquisitionSalesCapital MarketsAgileFintechScrumTeam ManagementAgile Methodologies
Open jobs on Jobsy40
LinkedInView page
Job description

Looking for an experienced Operational Risk Advisor who is ready to affect change. The incumbent is responsible for monitoring operational risks at the corporate level for the Bank and its subsidiaries.

Responsibilities

  • Champion the design and implementation of enhancements to the Operational Risk Management program and its underlying components.
  • Build strong, collaborative relationships with key stakeholders and partners by addressing issues and concerns in a timely manner and providing on-going advisory services.
  • Follow and monitor operational risk issues (risk incidents, risk indicators, risk appetite).
  • Support the reporting to management and appropriate committees on the major issues and trends of the operational risk profile.
  • Support the implementation, monitoring, tracking and reporting of Third Party risk management
  • Support the business in analysing root causes of operational risk events and issues and ensure corrective action plans are developed and implemented.
  • Review and monitor internal risk events and ensure they are logged in a timely manner.
  • Support the business in implementing the requirements for Risk and Control Self Assessments.
  • Evaluate and recommend new controls where gaps have been identified.
  • Work with business units to develop key risk indicators.
  • Provide second line of defense oversight for significant initiatives, risk events, risk and control self assessments and scenario analyses.
  • Develop a strong understanding of risk application ("Resolver") and be the primary contact for support for business users.
  • Contribute to the overall Operational Risk Management education by developing training programs and executing them across the Bank.
  • Provide mentorship and guidance to team members.
  • Stay informed on the latest operational risk techniques and industry best practices.
  • Take part in internal and external committees or activities and represent the Bank to various organizations or stakeholders.
  • Perform all tasks of similar or general nature requested by his or her superior required for the job.

Requirements

Qualifications

  • University degree in a relevant field and seven to 10 years of relevant experience
  • Expertise in third party risk management
  • In-depth knowledge of operational risks, internal auditing and/or internal control frameworks (COSO and COBIT)
  • In-depth knowledge of banking products
  • Strong analytical skills with a pragmatic approach
  • Client (internal) and quality-focused
  • Solid communication and relationship management skills
  • Team player and proactive
  • Preference to candidates bilingual in English and French.

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