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Associate Risk Analyst Jobs in Ontario (NOW HIRING)

Credit Risk Modelling Senior Associate

Toronto, ON · Hybrid

CA$73.40K - CA$122.40K/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 ...

Deals Risk & Quality Senior Associate

Toronto, ON · Hybrid

CA$58.40K - CA$97.50K/yr

The Opportunity As aDeals Risk & Quality, Senior Associate,unlock your potential and embrace the ... Gather and analyze monthly data to supportDeals,R&Q reporting,insightsand trend analysis * Maintain ...

Deals Risk & Quality Senior Associate

Vaughan, ON · Hybrid

CA$58.40K - CA$97.50K/yr

The Opportunity As aDeals Risk & Quality, Senior Associate,unlock your potential and embrace the ... Gather and analyze monthly data to supportDeals,R&Q reporting,insightsand trend analysis * Maintain ...

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Associate Risk Analyst information

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$37

$69

How much do associate risk analyst jobs pay per hour?

As of May 28, 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 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 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 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 cities in Ontario are hiring for Associate Risk Analyst jobs? Cities in Ontario with the most Associate Risk Analyst job openings:
Infographic showing various Associate Risk Analyst job openings in Ontario as of May 2026, with employment types broken down into 2% As Needed, 62% Full Time, 30% Part Time, and 6% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $76,990 per year, or $37 per hour.

Other

Posted 23 days ago


Job description

About Us

At CAA Club Group, we are passionate about keeping our Members safe - whether they are on the road, at home, or travelling abroad. As a trusted Member-based organization, we provide products and services that are essential to Members' safety and peace of mind. With over 2.6 million Members across Ontario and Manitoba, we advocate on issues such road safety and infrastructure, the environment, seniors' mobility, and consumer protection. Associates share in each other's successes, drive change and support each other while cultivating a great working environment to deliver on what is best for our Members. CAA Club Group is a member of the CAA Club Group of Companies.

Who we are

Are you ready to join an award-winning, purpose-driven culture? Welcome to the CAA Club Group of Companies (CCG), where purpose leads to passion!


At CCG, we are committed to delivering an exceptional Associate experience. We offer:

Work-life harmony with access to an award-winning holistic wellness program,
 Continuous learning through our robust corporate curriculum and education reimbursement program,
 Incredible rewards, travel incentives, and product and service discounts,
 Pay-for-performance and best-in-class recognition programs, and
 Competitive benefits that include a defined contribution plan, personal spending account, and so much more.

Join our growing team where everyone belongs!

Position Details

What You Will Do

  • Support in the implementation of ERM tools and techniques
  • Coordinate risk team programs from initiation to completion, ensuring timelines and deliverables are met
  • Manage the risk team calendar, including scheduling meetings, tracking deadlines, and coordinating task assignments.
  • Use technology platforms (e.g., task management tools, dashboards) to monitor progress and ensure accountability
  • Identify and implement process improvements using technology to enhance team productivity
  • Provide organizational support for quarterly executive risk committees including meeting coordination, agenda setting, documentation, and follow-ups
  • Coordinate with stakeholders to ensure timely submission and review of committee documentation
  • Understand CCG's environment and organizational needs to help the business identify, assess and monitor risks
  • Collaborate cross-functionally to manage and update risk-related policies, frameworks, and procedures while ensuring alignment with organizational standards and regulatory requirements
  • Assist with the development and enhancement of key risk indicators (KRIs)
  • Build collaborative and productive working relationships across the organization by establishing, maintaining, and continuously improving upon the risk management capabilities, promoting risk awareness, and intelligent risk taking
  • Enable effective management of risk at the front-line level by assisting the Manager, Risk Reporting in coaching business partners on risk management best practices such as developing policies and guidelines
  • Support the enhancement of our risk appetite frameworks, ensuring that appropriate risk exposure metrics are included to provide coverage and that there is an effective monitoring program and escalation process in place
  • Manage technology supporting signatures on contracts and policies

Please note, salary range is not inclusive of total compensation. The expected salary range for this position will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. Candidates with salary expectations outside of the range are encouraged to apply.

Who You Are

  • Bachelors or equivalent degree in Business Admin/Commerce/Finance/Risk Management
  • Risk related designation (i.e. CRM, CRMP) would be an asset
  • 2+ years' experience in related role (reporting, administration, project management, risk management, policy management, etc.)
  • Experience working on projects/programs that involved cross-functional stakeholders
  • Ability to cater and customize communications to suit the needs of various stakeholders
  • Proficiency with MS Teams, PowerPoint, Word, Excel, Co-pilot
  • Basic understanding of Governance/Risk control frameworks and application at the 2nd Line of Defense
  • Prior experience with insurance industry would be advantageous

Please note that internal applicants are asked to formally express their interest by applying online no later than 10 business days of the position being posted. 

Please note that we may use AI tools to help us through the recruitment process.

Our Commitment

We are an equal opportunity employer and are committed to providing employment accommodation in accordance with all applicable Provincial Human Rights and Accessibility Legislation. CCG will provide accommodations to job applicants with disabilities throughout the recruitment process. If you require an accommodation, please notify us and we will work with you to meet your needs.