Job Description

Regular/Temporary

Temporary

Job Title

Business Risk Analyst

Job ID

73147

Location

Central Campus

Open Date

11/27/2025

Job Type

Limited Term (>12 months)

Close Date

12/08/2025

Employee Group

TMG

Favorite Job

Department

Chief Risk Office

Salary Grade/Band

Band K

Salary Range

$78910.00 - $118366.00 (annual)

Contract Duration

24.4 Months

Hours per Week

35

Posting Details

Schedule

Monday to Friday 8.30-4.30

Education Level

Masters-Bachelor's degree in business or related field of study

Career Level

Minimum of 4 years of progressive experience in higher education or public sector environments

Department, Unit or Project Description:


Enterprise Risk Management (ERM) at McMaster University provides strategic oversight of institutional risk by coordinating the university's comprehensive risk architecture. In response to evolving stakeholder expectations--driven by global trends in Environmental, Social, and Governance (ESG), trust and transparency, funding accountability, and third-party risk--ERM plays a critical role in safeguarding the university's mission and operations. Operating within a complex and decentralized environment, ERM proactively identifies, assesses, and prioritizes emerging and existing risks that may impact institutional objectives. A core function of ERM includes the management of sophisticated insurance programs that protect university assets and personnel, thereby reinforcing financial resilience. The ERM office also leads the university's Crisis Management Group (CMG), facilitating committee operations and executing preparedness plans to ensure institutional readiness and continuity in the face of emergencies.


Job Summary:


A business and risk analyst, advances McMaster University's strategic priorities by developing, managing, and implementing a forward-looking emerging risk program. This role systematically gathers and analyzes risk intelligence from domestic and international higher education and related sectors to identify trends and vulnerabilities that may impact institutional resilience. Working collaboratively with internal stakeholders and external partners, the business and risk analyst supports risk assessment processes, facilitates risk workshops, and supports managing the risk register to strengthen the university's oversight of all institutional risks.


Accountability(s)

Identify and assess institutional risk across strategic, operational, financial, compliance and reputational domains, using structured frameworks such as ISO 31000 or COSO ERM. Conduct and facilitate enterprise risk assessments, including consultations, workshops, and surveys with academic and administrative units to surface emerging and evolving risks. Develop and monitor key risk indicators (KRI's) and risk dashboards to support data-driven decision making and enhance visibility of risk exposure across the university. Maintain and update the institutional risk register, ensuring accuracy, relevance, and alignment with strategic priorities and governance reporting requirements. Support the design and implementation of risk mitigation strategies, collaborating with risk owners to evaluate controls, recommend improvements, and track remediation progress. Analyze risk trends and external intelligence from higher education, regulatory bodies, and global risk sources to inform institutional planning and resilience. Prepare and deliver risk reports and presentations for senior leadership, governance committees, and external stakeholders, translating complex data into actionable insights. Promote a culture of risk awareness by developing training materials, facilitating workshops, and supporting communication strategies that embed ERM principles across the institution.

Qualifications:


The ideal candidate brings extensive experience in client engagement, business process analysis, and enterprise systems, with a demonstrated ability to enhance organizational models and operations through efficiency-driven solutions. Leveraging best practices in higher education, they excel at eliciting and translating business requirements through structured methods such as stakeholder interviews, document analysis, process mapping, use cases, and workflow analysis.


With a strong technical foundation and cross-functional agility, the candidate is adept at navigating diverse operational areas and translating complex challenges into actionable insights. They possess a balanced blend of analytical acumen, strategic thinking, and collaborative leadership, enabling them to drive innovation and continuous improvement across the institution.


Education:

Master's-Bachelor's degree in business or related field of study Canadian Risk Management (CRM) or Financial Risk Manager (FRM)


Experience:

Minimum of 4 years of progress experience in higher education or public sector environments, with demonstrated expertise in business process analysis and operational improvement. Proven ability to assess and enhance organizational processes, systems and structures to drive efficiency and mitigate risks. Applied knowledge of project management methodologies and schedule techniques to support cross-functional initiatives and risk mitigation strategies. Skills in conducting current state, future state and gap analyses to inform strategic planning and enterprise risk assessments.


Knowledge/Skills:

Strategic Communication: Exceptional written and verbal communication skills. With the ability to convey complex issues clearly and effectively to diverse audiences across the university. Service Excellence: Demonstrated commitment to delivering innovative, client-focused solutions that enhance stakeholder experience and institutional value. Accountability & Initiative: Self-directed and results-oriented with a proven ability to manage and evaluate complex, high-impact projects in dynamic and evolving environments. Results-Driven Execution: Skilled in setting priorities, managing competing deadlines, and optimizing resources to achieve strategic objectives. Innovation & Insight: Applies critical thinking and foresight to anticipate trends, solve problems, and align teams and resources in complex scenarios. Adaptability: Thrives in ambiguity and change, demonstrating resilience and flexibility in a rapidly evolving organizational context. Analytical Acumen: Strong conceptual and analytical skills, with the ability to synthesize data, identify patterns, and generate actionable insights. Collaborative Leadership: Works effectively in cross-functional teams, fostering a culture of shared accountability and continuous improvement. Technical Proficiency: Skilled in data visualization and reporting tools (e.g. Power BI, Tableau) with the ability to translate data into strategic recommendations.

How To Apply

To apply for this job, please submit your application online.

Employment Equity Statement

McMaster University is located on the traditional territories of the Haudenosaunee and Mississauga Nations and within the lands protected by the "Dish With One Spoon" wampum agreement.


The diversity of our workforce is at the core of our innovation and creativity and strengthens our research and teaching excellence. In keeping with its Statement on Building an Inclusive Community with a Shared Purpose, McMaster University strives to embody the values of respect, collaboration and diversity, and has a strong commitment to employment equity.


The University seeks qualified candidates who share our commitment to equity and inclusion, who will contribute to the diversification of ideas and perspectives, and especially welcomes applications from indigenous (First Nations, Metis or Inuit) peoples, members of racialized communities, persons with disabilities, women, and persons who identify as 2SLGBTQ+.


As part of McMaster's commitment, all applicants are invited to complete a confidential Applicant Diversity Survey through the online application submission process. The Survey questionnaire requests voluntary self-identification in relation to equity-seeking groups that have historically faced and continue to face barriers in employment. Please refer to the Applicant Diversity Survey - Statement of Collection for additional information.


Job applicants requiring accommodation to participate in the hiring process should contact:

Human Resources Service Centre at 905-525-9140 ext. 222-HR (22247), or Faculty of Health Sciences HR Office at ext. 22207, or School of Graduate Studies at ext. 23679

to communicate accommodation needs.

Hybrid Work Language

To ensure an ongoing and vibrant University community that meets the needs of our students, staff and faculty and supports the University mission, ability to work on-site continues to be a requirement for most University positions. The University is supportive of exploring flexible work arrangements that effectively balance operational needs and employee interests.