Senior Business Analyst - Risk Management

Senior Business Analyst – Risk Management

Location: Toronto, Canada (Hybrid)

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

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring 3 days per week at a client location in Toronto, CAN .

Regardless of your working arrangement, we are here to support a healthy work-life balance through our wellbeing programs. [Global Job...oilerplate |

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

The annual salary for this position is CAD 109,000 – 128,000 , depending on experience, qualifications, and other job-related factors.

This position is also eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to applicable plan terms.

Benefits

Cognizant offers the following benefits for this position, subject to eligibility requirements:

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

Post Closing Date

Applications will be accepted until August ,7th 2026.