Current work authorization for Canada is required for all openings.
This is a regular, full-time role.
You will be working on a flexible hybrid schedule as part of Fidelity’s energetic working arrangement.
The work location for this role is 483 Bay Street in Toronto until approximately late 2026, when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.
Job Description Who We Are At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.
Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.
What You’ll Do The Business Risk Analyst Sr will take the lead in supporting the designated business unit executive leader in the execution of operational risk management program requirements and proactively identify opportunities and propose solutions to enhance risk management practices, and advocate and drive a risk aware culture for the assigned business unit. The Operational/Business Risk Analyst will report to the Manager, Risk Management and will support the designated senior executive on the status of risk program requirements and escalation of issues/findings. If you are looking for a dynamic opportunity to make an impact, this role is for you!
Risk Program Implementation and Maintenance Supports assigned business units on a day-to-day basis to identify, monitors and evaluates risk. Independently provides guidance and oversees the completion of risk program requirements.
Ability to identify potential areas which can benefit from a deep-dive risk assessment
Lead and independently challenge risk events/issues to understand root cause, impact and remediation plans/actions
Drive Business Units’ compliance with EUC and Model risk assessment frameworks to ensure policy adherence
Drive the development of the business units risk profile, risk appetite and metrics
Develop and monitor processes to ensure completion of action plans and risk acceptance decisions
Risk and Control Self Assessments (RCSAs) Supports and provides guidance to ensure all business units have formalized and robust RCSAs. This includes assessing control environment and assisting business units to identify gaps and ensuring appropriate mitigation.
Plan RCSA scope coverage, assists business units in the completion of RCSA and provides thorough review and effective challenge
Perform process walkthroughs with business unit and document key risks and controls using best practices
Utilize internal systems to accurately capture RCSA results and associated action plans
Control Testing Independently executes and coordinates control testing activities for the assigned business units. This includes assessing control design and operating effectiveness.




Oversee control testing scope coverage and executes testing for the assigned business units within the given timeframe
Work with stakeholders to proactively identify opportunities to make control testing more effective
Lead process walkthroughs with business unit, conducts independent control testing and documents the control environment and testing result
Identify opportunities for improvement and remediation by discussing findings with business,
Deep Dive Risk Assessment Conducts deep-dive risk assessments for high-risk areas and critical functions.
Proactively identify potential areas which can benefit from a deep-dive risk assessment by working closely with business and conducting thorough analysis
Executes deep dive risk assessments scope coverage
Identify opportunities for improvement and remediation by discussing findings with business, and recommend appropriate solutions
Reporting Consolidates risk information, summarizes issues, analyzes trends and provides regular reporting to senior management and 2nd line risk.
Develop program-based reporting to provide status update, issues, KPIs, and action plans for the respective business area and continuously enhance reporting for the assigned business units
Report risk program results and findings to senior management using digitalization and visualization
Provide policy and program adherence updates to 2nd line risk
Risk Culture and Training Consolidates risk information, summarizes issues, analyzes trends and provides regular reporting to senior management and 2nd line risk.
Develop materials to provide customized training for assigned business units to improve understanding of risk management program requirements and enhance risk culture
Promote strong risk management practices and principles across the business unit
Provide training and oversees risk event escalation and investigation requirements
What We’re Looking For 3+ years of relevant risk/operational risk experience required.
Experience with IT/Audit Risk is an asset
Experience in financial services industry is an asset
Experience in gathering, documenting and analyzing business processes
Proficiency in data analytics techniques and relevant data analysis experience
Strong analytical, critical thinking, and proactive problem management skills.
Completion of a University degree required, or equivalent work experience.
What You’ll Bring Strong analytical, critical thinking, and proactive problem management skills.
Ability to take initiative, work independently and handle multiple tasks.
Ability to build strong relationships and influence senior stakeholders.
Strong interpersonal skills to build effective relationships
Excellent time management skills with the ability to work under tight deadlines.
Team player who works constructively with others to achieve team goals
Total Rewards That Reflect Your Impact We believe exceptional work deserves exceptional recognition.



That’s why we offer a competitive compensation package designed to support your success today— and your financial well‑being tomorrow.
For this role, your total rewards include
Base Salary and Discretionary Performance Bonus Total annual cash compensation (base salary pus target bonus) ranges from $99,000 to $129,000, based on your experience and qualifications.
RRSP Contribution After 6 months of employment, we invest in your future with an RRSP contribution—no employee matching required.
We’re proud to offer a compensation package that aligns with provincial pay transparency requirements.
This posting represents an existing vacancy within our organization—an opportunity to step into a role where your talents will make a meaningful difference.
Some of the ways we’ll help you feel valued and supported as part of our team Flexible working arrangements - 100% remote, hybrid, and in office options
Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
Comprehensive health advantages that start on your first day, with 100% employer-paid premiums, that include up to $6000 annually for mental health services and therapy
Parental leave top-up to 100% of your salary for a period of 25 weeks
Up to $650 for home office equipment
Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
Diversity and inclusion programs, including an active network of Employee Resource Groups
Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation
We are proud to be recipients of the following
Awards Canada's Top 100 Employers
Greater Toronto's Top Employers
Canada's Top Family-Friendly Employers
Canada's Top Employers for Young People
Great Place To Work® Certified
Best Workplaces for Inclusion
Best Workplaces for Mental Wellness
Best Workplaces for Today's Youth
Best Workplaces for Women
Best Workplaces in Financial Services & Insurance
Best Workplaces in Ontario
Best Workplaces with Most Trusted Executive Teams
LinkedIn Top Companies in Canada
Human Resource Director (HRD) - Best Place To Work
HRD - 5-Star Benefit Program
HRD - 5-Star Diversity & Inclusion Employer
Designations Canadian Compassionate Companies – Certified
Benefits Canada's Workplace Benefits Award - Future of Work Strategy
TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
Canadian HR Reporter's Most Innovative HR Team
Accommodation during the application process Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [email protected].
Fidelity Canada is an equal opportunity employer Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

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📌 Business Risk Analyst Sr (Ontario)
🏢 Fidelity Canada
📍 Ontario