Cognizant

Senior Business Analyst - Risk Management

Cognizant$109K — $128K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of Business Analysis experience in Risk Management
  • Hands-on knowledge of eGRC tools (ServiceNow GRC, RSA Archer, MetricStream)
  • Strong understanding of Financial Risk concepts (credit, market, operational, enterprise)
  • Prior experience in Banking/Financial Services industry
  • Excellent stakeholder management and client communication skills
  • Ability to work independently with minimal supervision

Responsibilities

  • Gather, analyze, and document business and functional requirements for Risk Management programs
  • Translate risk and compliance needs into actionable specifications with stakeholders
  • Support implementation and enhancement of eGRC platform
  • Liaise with onshore and offshore business and technology teams
  • Prepare process flows, gap analyses, and requirement traceability documentation
  • Support UAT, defect triage, and production rollout activities

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
Full Job Description
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.

About Cognizant

TriZetto is Powering Integrated Healthcare Management. With technology solutions touching more than half the U.S. population today, TriZetto is uniquely positioned to drive the convergence of core benefit administration, care management and constituent engagement. TriZetto provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.

Cognizant Careers

Join the vibrant team at Cognizant, a leading provider of information technology, consulting, and business process services. Cognizant is not just a company; it's a community where innovation, leadership, and diversity are valued and where every team member is encouraged to thrive.

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Learn more about Cognizant
Size
340,400 employees
Market Cap
$28.7 billion
Industry
Net Income
$1.3 billion
Founded
1994
5 Year Trend
+6.5%
Revenue
$16.6 billion
NASDAQ

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