Consultant - Risk and Compliance

About the role

Sia Partners, a management consulting firm with over 850 consultants, is hiring a Risk and Compliance Consultant in Toronto. The Financial Services practice works with financial institutions on regulatory adherence, risk management, business process optimization and digitalization, and the role supports both first-line controls and second-line operational risk and compliance.

Key responsibilities

• Analyze, interpret and document legal and regulatory requirements to identify, map and update obligations in the client's Regulatory Compliance Management (RCM) library
• Advise on, design and implement operational controls and compliance frameworks
• Lead RCSA (Risk and Control Self-Assessment) initiatives, thematic reviews and control testing to find compliance gaps
• Provide strategic, risk-based advice on regulatory changes, emerging trends (e.g. AI governance) and operational efficiency
• Manage project workstreams, including timelines, budgets and deliverables, while coaching junior staff
• Develop compliance strategies by assessing regulatory trends, supervisory expectations and enforcement actions
• Maintain best practices for regulatory compliance and solve complex problems with consulting frameworks
• Turn complex information into clear problem statements, data-driven solutions and recommendations for senior leadership
• Support transformational engagements across controls design, control testing, operational risk and compliance

Required profile

• 2-4 years of experience in regulatory compliance and operational risk management, preferably in a consulting firm or financial institution
• Bachelor's degree in Finance, Law, Business or Risk Management
• Strong communication skills for working with senior management and presenting complex regulatory issues
• Experience with AI governance, assessing AI use cases and coordinating with stakeholders
• Project management experience, including KPIs and metrics

Required skills

• Deep understanding of the North American regulatory landscape (OSFI, FINRA, OCC, CIRO)
• Enterprise Risk, Operational Risk and Regulatory Compliance
• Certification such as CPA, CIA, CISA or CAMS preferred