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Assistant Risk Manager Jobs in Ontario (NOW HIRING)

SYSTRA

Risk Analyst

Toronto, ON

CA$95K - CA$105K/yr

We are lookig for a Risk Analyst for a Rail & Transit project in Ontario. * Assist with the implementation and management of risk management services per the mission and goals of projects and ...

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Assistant Risk Manager information

See Ontario salary details

$25K

$71.5K

$151.5K

How much do assistant risk manager jobs pay per year?

As of Jul 23, 2026, the average yearly pay for assistant risk manager in Ontario is $71,483.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,500.00 and $90,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Assistant Risk Manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

How much does a risk manager get paid?

A risk manager's average salary varies by experience and industry but typically ranges from $70,000 to $130,000 annually. Senior risk managers or those with specialized certifications can earn higher salaries, especially in large organizations or financial sectors.

What jobs in the US pay 300,000 a year?

For an Assistant Risk Manager, annual salaries of $300,000 or more are uncommon and typically occur at senior levels or in specialized industries such as finance, insurance, or large corporations. High-paying risk management roles often require extensive experience, advanced certifications like CRM or FRM, and leadership responsibilities. Most entry- to mid-level risk management positions have lower salary ranges, with higher compensation linked to seniority and scope of responsibility.

What does an Assistant Risk Manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.

How does an Assistant Risk Manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

What is a risk management assistant job description?

A risk management assistant supports the risk management team by collecting data, analyzing potential risks, and helping develop strategies to mitigate those risks. The role often involves using risk assessment tools, maintaining documentation, and ensuring compliance with safety and regulatory standards. Strong organizational skills and knowledge of industry regulations are typically required.

What qualifications do I need to be a risk manager?

To become an assistant risk manager, candidates typically need a bachelor's degree in risk management, finance, business, or a related field. Relevant skills include strong analytical abilities, knowledge of risk assessment tools, and certifications such as the Associate in Risk Management (ARM) or Certified Risk Manager (CRM) can enhance prospects. Experience in finance, insurance, or compliance is also valuable.
What are the most commonly searched types of Risk Manager jobs in Ontario? The most popular types of Risk Manager jobs in Ontario are:
What are popular job titles related to Assistant Risk Manager jobs in Ontario? For Assistant Risk Manager jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Assistant Risk Manager jobs in Ontario look for? The top searched job categories for Assistant Risk Manager jobs in Ontario are:
Assistant Risk Manager jobs near you
Infographic showing various Assistant Risk Manager job openings in Ontario as of July 2026, with employment types broken down into 100% Full Time. Highlights an 84% In-person, and 16% Hybrid job distribution, with an average salary of $71,483 per year, or $34.4 per hour.
Senior Manager, High Risk Client Management

Senior Manager, High Risk Client Management

Royal Bank of Canada

Toronto, ON • On-site

Full-time

Posted 15 days ago

Job description

Job Description

What is the opportunity?

As Senior Manager, High Risk Client Management (HRCM), you will support the Director, HRCM by providing tactical direction and end-to-end ownership and execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients including the risk assessment and enhanced due diligence (EDD) processes to mitigate against financial, regulatory, reputational, and legal risks at RBC using a risk-based approach. This role also requires the following: maintaining responsibility for the identification, confirmation, management, and approval process for the on-boarding and periodic review and assessment of high risk clients, and managing a team of approximately 5 to 10 staff.

What will you do?

  • Prioritize and manage HRC Enhanced Due Diligence (EDD) risk assessment workflow processes for the Canada Personal & Commercial Business unit and ensure the Global Standards for Client Risk Management (CRM) and EDD are executed consistently
  • Partner with the Financial Intelligence Unit (FIU), Insights & Analytics, and Global AML Compliance teams to ensure HRC risk assessments are appropriately coordinated, routed, and escalated where relevant, using a risk-based approach
  • Responsible for the oversight of timely, accurate, and complete files across the HRC Team, including the consistent and standard use of the case management tool
  • Create an environment and culture that allows us to attract and retain high performing employees
  • Help individuals and teams achieve high performance through building capabilities, and effective coaching and performance management
  • Provide candid and actionable feedback, coaching and development on progress toward goals and behaviors exhibited to achieve outcomes through regular check-ins to support the Growth Mindset, and a focus on living RBC values
  • Assist the Director, HRC in the annual review of HRC policies and procedures
  • Liaise and partner with the Insight & Analytics and Transformation Teams, as well as other internal partners to ensure smooth implementation of all process documentation, process improvement changes and any major projects

What do you need to succeed?

Must-have

  • 5+ years of demonstrated knowledge of or experience in financial and money laundering crimes/High Risk Clients/EDD investigations and / or a law enforcement / regulatory background and/or banking background
  • Knowledge of AML compliance requirements and regulations for Canada, US and other jurisdictions where RBC operates
  • Knowledge of regulatory requirements such as: AML - Canada / US, OSFI, OFAC, OCC, Bank Act, CPA, IDA/OSC, BSA, PIPEDA
  • Awareness of business applications, industry standards and service management.
  • Awareness of banking products, requirements and regulations
  • Skilled in Microsoft Office Outlook, Excel, Word applications. - (Level 2 or above)

Nice-to-have

  • Post-secondary education or equivalent experience
  • CAMS designation

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work

Job Skills

Analytical Thinking, Anti-Money Laundering (AML), Change Management, Coaching, Communication, Critical Thinking, Decision Making, Decision Management, Development Coaching, Due Diligence, Execution Excellence, Financial Regulation, Group Problem Solving, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, People Management, Periodic Reviews, Process Management, Strategic Thinking

Additional Job Details

Address:

120 WESTERN PKY:BEDFORD

City:

Bedford

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-07

Application Deadline:

2026-07-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME

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