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Associate Risk Analyst Jobs in Ontario (NOW HIRING)

Gardiner & Theobald

As an Associate Risk Manager your role will lead risk management activities at strategic, programme ... Mentor and develop Risk Analysts and Risk Managers - offering career guidance and feedback

PwC

Credit Risk Modelling Senior Associate

Toronto, ON · Hybrid

CA$73K - CA$122K/yr

Meaningful workyou'llbe part of As a Credit Risk Modelling Senior Associate,you'llwork as part of a ... Solid understanding and knowledge of credit risk processes, credit risk analytics, risk rating ...

Lloyd's

The Role We are looking for a Senior Associate, Enterprise Risk to support the development ... Excellent analytical skills, with the ability to communicate complex risk topics clearly to both ...

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All JobsAssociate Risk Analyst JobsAssociate Risk Analyst Jobs in Ontario

Associate Risk Analyst information

See Ontario salary details

$11

$37

$69

How much do associate risk analyst jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for associate risk analyst in Ontario is $37.01, according to ZipRecruiter salary data. Most workers in this role earn between $25.00 and $45.91 per hour, depending on experience, location, and employer.

What are some common challenges an associate risk analyst faces during the first year on the job?

New Associate Risk Analysts often encounter challenges such as adapting to fast-paced environments, understanding complex risk models, and learning to interpret large volumes of data accurately. Balancing multiple projects and meeting deadlines while maintaining attention to detail can also be demanding. Additionally, collaborating effectively with team members from different departments, such as compliance and finance, requires strong communication skills and a willingness to learn from experienced colleagues.

What does an associate risk analyst do?

An Associate Risk Analyst helps organizations identify, assess, and manage potential risks that could affect their operations or financial stability. Their daily tasks often include analyzing data, preparing risk reports, evaluating risk management policies, and supporting senior analysts in developing strategies to mitigate potential threats. They typically work in industries such as finance, insurance, or consulting, and use various analytical tools to detect and evaluate risks. Strong analytical, communication, and problem-solving skills are important for success in this role.

What are the key skills and qualifications needed to thrive as an associate risk analyst, and why are they important?

To thrive as an Associate Risk Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field—often supported by a bachelor’s degree. Familiarity with risk assessment software, data analysis tools like Excel or SAS, and knowledge of regulatory frameworks are typically required. Effective communication, problem-solving, and teamwork are vital soft skills that help you convey findings and collaborate across departments. These skills ensure accurate risk evaluation, compliance, and informed decision-making to protect organizational interests.

What is the difference between Associate Risk Analyst vs Risk Analyst?

AspectAssociate Risk AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRMBachelor's or master's degree; often holds certifications like FRM, CRM, or CRC
Work EnvironmentEntry-level position in finance, insurance, or banking firms; supervised environmentMore experienced role; involved in complex risk assessments and decision-making
Employer & Industry UsageCommon in banking, insurance, and financial servicesUsed across similar industries, often with more responsibility

The main difference between an Associate Risk Analyst and a Risk Analyst lies in experience and responsibility. The Associate Risk Analyst is an entry-level role focusing on supporting risk assessments, while the Risk Analyst handles more complex analysis and decision-making. Both roles require similar educational backgrounds and certifications, but the Risk Analyst typically has more experience and autonomy in their work.

What are the most commonly searched types of Risk Analyst jobs in Ontario? The most popular types of Risk Analyst jobs in Ontario are:
What are popular job titles related to Associate Risk Analyst jobs in Ontario? For Associate Risk Analyst jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Associate Risk Analyst jobs in Ontario look for? The top searched job categories for Associate Risk Analyst jobs in Ontario are:
What cities in Ontario are hiring for Associate Risk Analyst jobs? Cities in Ontario with the most Associate Risk Analyst job openings:
Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Ontario as of August 2026, with employment types broken down into 73% Full Time, and 27% Part Time. Highlights an 52% In-person, 16% Hybrid, and 32% Remote job distribution, with an average salary of $76,990 per year, or $37 per hour.

Associate Risk Manager

Gardiner & Theobald

On-site

Full-time

Re-posted 3 days ago

Job description

At G&T people are central to our mission. Rewarding individuals based on their unique abilities, talent and hard work, we believe in the quality of experiences and investing in a collaborative culture where all can thrive. 
Our Major Projects & Infrastructure sector brings together a number of specialist experts to create a unique pool of talent. We support a diverse range of clients and sectors and the commonalities we find between major projects allow us to add value through cross fertilisation of ideas, sharing of best practice and drawing upon the extensive benchmarking data that underpins our advice.
Projects that we deliver are often large scale and complex with significant planning and development requirements. There is often a master planning element and major stakeholder liaison across a programme of projects. In this sector we work on major sites that have significantly different requirements, so bespoke solutions are developed for each project with flexibility built in.
 
Within our Major Projects & Infrastructure team we cover a diverse array of speciality areas including aviation, defence, electricity interconnectors, highways, infrastructure, master planning and regeneration, mineral extraction, ports, harbours and marine, rail, Carbon Net Zero, pharmaceuticals and life sciences, and manufacturing.
As an Associate Risk Manager your role will lead risk management activities at strategic, programme or project level across multiple clients. You will take ownership of key accounts and influence how we deliver excellence in commercial outcomes. You will mentor and guide more junior staff, drive internal initiatives and play an active role in building the team's profile, internally and externally. 
The key responsibilities of the role will include:  
 
Risk Management and Leadership:  
  • Develop, implement and manage appropriate risk management procedures and processes for clients
  • Liaise, engage and communicate with all relevant key stakeholders including senior level management in the risk management process
  • Lead and develop teams in best practices ensuring a pro-active risk management culture is established. This includes being a go-to contact for any risk related matters and actively promote the awareness, provide training and application of risk management across organisations (internally and externally) 
  • Present and lead confidently in front of client teams in workshops and meetings
  • Ensuring that high quality risk information is obtained and maintained in dedicated risk management platforms that meet audit and compliance requirements 
  • Work with project teams to produce QRAs (QCRA and QSRA) and use specialist software for QRA risk modelling and produce detailed report
  • Analyse large volumes of data to identify patterns, trends and potential risks and be able to escalate accordingly
  • Develop and produce relevant reporting of risk to stakeholders that supports key decision making
  • Regularly update client on risk status highlighting any issues that may impact cost or timelines.
  • Provide unique risk management insights across client projects including emerging risks
Team Leadership and Development
  • Mentor and develop Risk Analysts and Risk Managers - offering career guidance and feedback
  • Actively contribute to the upskilling of the team through knowledge sharing, provide training sessions and technical peer reviews 
  • Support resource planning and delivery oversight across multiple commissions
Business Development and Service Line Growth: 
  • Play a leading role in bids and proposals - shaping win themes, writing content and participating in presentations
  • Contribute to service development initiatives including best practice frameworks, templates, toolkits and delivery models
  • Represent the Risk Management service line at events, conferences or thought leadership forums
  • Bring external market insight and policy developments into project delivery and service improvement
The ideal Risk Manager for this role is someone with an in depth understanding of risk management and quantitative risk management and its place within the project structure. You will be a forward thinking induvial who drives collaboration and communication both inside and outside of the business. You will have experience in client management and have an appetite to keep learning and maintain your risk management skillset.

Skills, Experience & Personal Qualities
  • Degree qualified - preferably with a mathematics or construction related discipline 
  • Chartered or specialist risk qualification e.g. IRM Cert and membership to a risk professional body such as IRM, APM
  • Experience in PMO within risk and control or project management with demonstrable experience in managing risk registers, facilitating risk workshops, supporting qualitative and quantitative risk analysis, and reporting risk exposure across complex projects.
  • Experience working on large complex engineering project in a risk management role, ideally within the nuclear, energy or utility sectors.
  • Excellent understanding on the principles of schedule management, estimating and cost management
  • Excellent data analysis and technical skills and has extensive experience in using risk management software such as Safran, ARM, Acumen and producing QRAs (QCRA and QSRA)
  • Strong user of the Microsoft Office suite  
  • Previous experience within a consultancy environment desirable
  • Proven ability to build and manage client relationships at senior level
  • Evidence experiences in client presentation   
  • Ability to take initiative and pro-actively engage and lead teams
  • Experience in mentoring, supporting and developing junior colleagues
  • Strong written, verbal, listening and presentation skills and able to deliver high quality work in challenging timeframes  
  • Strategic thinker with a commercial mindset, pro-active approach and problem-solving skills
  • Excellent leadership skills with a collaborative approach and able to provide professional guidance, advise and training to others
  • Experience working in a client focused environment with a personal commitment to the 
    delivery of excellent client service  
  • Excellent Business Development skills
  • Demonstratable evidence of growing and establishing a network in the risk management industry
  • A keen interest and able to demonstrate an understanding of market issues, events and associated emerging risks and how they relate to projects  
  • Positive attitude with a willingness to get involved, and authentic in the workplace.   
Collaboration, innovation, and support are at the core of everything we do. As an Executive Cost Consultant,  you will be joining a diverse team led by one of G&T's equity partners and a board member. Our partner-led model allows us to adopt bespoke approaches both in the service we offer to clients and in the development opportunities we offer our people. Within your team you will be given clear direction and positive encouragement at every turn, whilst our commitment to your career development and lifelong learning programmes ensures you have the support, as well as the tools to thrive. 
 
Forward thinking and future focused, we champion social mobility, ethical governance, equality and diversity, creating an inclusive environment where everyone's unique talents and experiences are valued. Our ESG goals are at the forefront of our business plan, and we are proud to have created social value worth over 12m+ since 2021. Our initiatives include the G&T ESG Committee, dedicated to increasing opportunities and removing barriers for social mobility and equality within the firm, as well as our Next Gen programme which focuses on nurturing the next generation in the industry. Our commitment to realising a more sustainable future is witnessed not only through helping our clients meet their own next zero carbon aspirations but also by reaching our own, with an aim for our firm to be net zero by 2030. We are a business with purpose- to find out more about our ESG goals and how we are achieving them, click here.  
 

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