Senior Analyst, Third Party Risk Management

At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together.

Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.

Raymond James Ltd. is seeking a Senior Analyst Supplier Risk Management to work in our Vancouver office. Reporting to the AVP Risk Management RJL & Chief Risk Officer Trust, the Senior Analyst Supplier Risk Management is responsible for acting as the liaison to internal business units in the creation and administration of enterprise supplier risk management requirements and practices as it translates in Canada.

This role is new to the firm and requires a proactive client-focused approach, while simultaneously building and maintaining strong relationships with related partners and vendors to ensure timely completion of vendor risk assessment and compliance with regulatory and internal standard or policies.

• Initiates and facilitates initial and periodic vendor risk assessments in a timely fashion.
• Establish strong relationships throughout the firm and provide guidance on enterprise supplier risk management framework and supplier risk related issues
• Proactive follow up with the business and vendors for outstanding due diligence documentation as part of the supplier risk management program.
• Lead the analysis of the organization’s supplier risk profile and develop mitigating controls to identified risks.
• Coordinates with management and key stakeholders regarding vendor risk and performance
• Implement regulatory and enterprise supplier risk requirements as applicable to the local firm.
• Track the completion of exit strategies and performance monitoring documentation.
• Assist with the locating and centralizing vendor contracts.
• Identifying opportunities for contract consolidation.
• Maintains a thorough understanding of all relevant internal policies and regulatory requirements applicable to the supplier risk management.
• Tracking and closing exceptions related to vendor risks
• Develops and maintains quality data and metrics for management reporting and escalations.
• Support the design and implementation of a common and consistent Supplier Risk Management (SRM) program to effectively manage vendor risk in accordance with internal policy.
• Maintain a structured internal governance framework, to ensure effective oversight of the SRM program.
• Serve as lead for implementing remediation plans including development and execution of corrective action plans, and ensure follow-on reporting and monitoring.
• Provide guidance to the business and other stakeholders to ensure requirements of SRM are fully understood.
• Other duties as assigned.

Our most important investment is in people. Upon eligibility, Raymond James Ltd offers flexible work styles, a competitive compensation and benefits package. Our benefits range from Health Benefits, RRSP Matching Program, Employee Stock Purchase Plan, Paid Time Off, Volunteer Days, Discretionary Bonuses, Tuition Reimbursement and many more! We also support internal promotion and community involvement.

To qualify for this opportunity, you must possess:

• A degree in business (or equivalent) with a focus in supplier, vendor or third‑party risk management.
• 5+ years of recent supplier / vendor or third‑party Risk Management experience, preferably at a large CIRO, Security Commission or an OSFI regulated financial institution.
• Expert in developing and maintaining internal reports using Microsoft office tools
• Demonstrated…