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Analyst - Risk

Apply now Job ID 36401249008 Date posted 09/17/2022

Primary Locations: Toronto, Ontario

Attendance: Hybrid

Employee Status: Regular

Schedule: Full-time


National Bank Independent Network (NBIN) is the premier provider of carrying broker, trading and custodial services to Portfolio Managers, Introducing Brokers, and Investment Fund Managers across Canada.

The Analyst is a member of the NBIN Risk team that is responsible for operational risk oversight within NBIN. Operational risk is comprised of fraud risk, information security risk, execution risk, legal risk, regulatory risk, business continuity risk, and IT business interruption risk. The tasks that are performed vary greatly and are grouped into monitoring, reporting, analysis, and support activities. 

A successful candidate will need to have strong analytical and problem-solving skills supported by knowledge of brokerage operations.

The Senior Analyst will report to the Manager of NBIN Risk.

Key Accountabilities

  • Perform an operational risk oversight of NBIN processes through various tasks and activities. For example:
    • Conduct due diligence reviews on new and existing clients
    • Investigate fraud and privacy breaches & Conduct AML transaction monitoring
    • Respond to enquires and provide risk guidance to our clients and internal partners
    • Perform Operational Event reporting & Review and approve policy exceptions
    • Monitor U.S. resident trading & error and comfort deposit accounts
    • Review hypothecation and investment product setup requests
    • Complete third-party due diligence questionnaires submitted by clients
    • Coordinate requests for audit related documentation as requested by clients
  • Liaise with internal partners such as Compliance, Legal, Operations, and Wealth Management Risk
  • Lead and/or assist with various projects related to process improvements, audit, and other regulatory requirements
  • Work with internal partners to create or improve policies, procedures, and controls
  • Prepare communication and training material on related policy and procedures for NBIN employees and clients

We want to contribute to your quality of life by offering you as much flexibility as possible in your work. For example, we offer hybrid work (remote and in the office), work schedule arrangements to help you achieve work/life balance and flexible leave that you can take when it’s important to you.


Competencies required

  • 5+ years experience within the financial brokerage industry in an IIROC regulatory environment
  • University degree and/or CFA designation
  • Canadian Securities Course (CSC); Conduct and Practices Handbook Course (CPH)
  • Knowledge of brokerage operations and back-office processes (account opening, trading, settlement, transfers, security deposits, etc.)
  • Experience in writing policies and procedures
  • Familiarity with brokerage operating systems such as ISM/OSS, AS400, and iMOST
  • Strong analytical, problem-solving, communication and presentation skills 
  • Expert knowledge of Excel (working with large data sets, macros, pivot tables, etc.), Word and PowerPoint

Preferred competencies

  • Legal and/or compliance background an asset
  • French is an asset

Your benefits: 

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.

  • Health and wellness program, including many options
  • Flexible group insurance
  • Generous pension plan
  • Employee Share Ownership Plan
  • Employee and Family Assistance Program
  • Preferential banking services
  • Initiatives promoting community involvement
  • Telemedicine service
  • Virtual sleep clinic

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family. 

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

We're putting people first :

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people.   Our mission is to have a positive impact on peoples' lives.

Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees. 

We want our recruitment process to be fully accessible. If you require accommodations, feel free to let us know during your first conversations with us.

We welcome all candidates! What can you bring to our team?

 Ready to live your ambitions?

#LI-SL1

JobField: Risk Management

Unposting Date: 2022-09-30

Job Number: RIS001AP

Posting Date: 2022-09-16

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