Senior Business Analyst - Risk Management
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Key skills for this role
About the Role
Cognizant seeks an experienced Senior Business Analyst to support risk management initiatives in banking/financial services. The role involves gathering requirements, supporting eGRC platform implementation, and liaising with onshore and offshore teams.
Key Skills for This Role
Responsibilities
- Gather, analyze, and document business/functional requirements for Risk Management programs
- Work closely with stakeholders to translate risk and compliance needs into actionable specifications
- Support eGRC platform implementation, configuration, and enhancement initiatives
- Liaise with onshore business/technology teams and offshore delivery teams
- Prepare process flows, gap analyses, and requirement traceability documentation
- Support UAT, defect triage, and production rollout activities
Requirements
- 8+ years of Business Analysis experience with significant exposure to Risk Management domains
- Hands on knowledge of eGRC tools (e.g., ServiceNow GRC, RSA Archer, MetricStream, or similar)
- Strong understanding of Financial Risk (credit, market, operational, or enterprise risk) concepts
- Prior experience in Banking/Financial Services industry
- Excellent stakeholder management and communication skills
- Ability to work independently with minimal supervision
Full Job Posting
Role Overview
- We are seeking an experienced Senior Business Analyst to support risk management initiatives within our banking/financial services engagement.
- The ideal candidate brings strong domain expertise in risk, governance, and compliance platforms.
Key Responsibilities
- Gather, analyze, and document business/functional requirements for Risk Management programs
- Work closely with stakeholders to translate risk and compliance needs into actionable specifications
- Support eGRC platform implementation, configuration, and enhancement initiatives
- Liaise with onshore business/technology teams and offshore delivery teams
- Prepare process flows, gap analyses, and requirement traceability documentation
- Support UAT, defect triage, and production rollout activities
Work Model
- Hybrid position requiring 3 days per week at a client location in Toronto, CAN
Required Skills & Experience
- 8+ years of Business Analysis experience, with significant exposure to Risk Management domains
- Hands on knowledge of eGRC tools (e.g., ServiceNow GRC, RSA Archer, MetricStream, or similar)
- Strong understanding of Financial Risk (credit, market, operational, or enterprise risk) concepts
- Prior experience in Banking/Financial Services industry
- Excellent stakeholder management and communication skills (onshore client facing role)
- Ability to work independently with minimal supervision
Nice to Have
- Experience with regulatory/compliance frameworks (OSFI, Basel, SOX, etc.)
- Exposure to Agile/Scrum delivery models
Key Competencies
- Strong ownership mindset with delivery and execution focus
- Ability to manage multiple concurrent workstreams and priorities
- Excellent communication across business and technology stakeholders
- Strong collaboration and stakeholder influencing skills
- Ability to operate effectively in both leadership and hands on analytical roles
Compensation
- Annual salary: CAD 109,000 – 128,000, depending on experience, qualifications, and other job related factors
- Eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to applicable plan terms
Benefits
- Medical, dental, vision, and life insurance
- Paid holidays plus Paid Time Off (PTO)
- 401(k) plan with company contributions
- Employee Stock Purchase Plan
- Paid parental leave and wellbeing programs
- Learning and development opportunities
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