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Bank Risk Management Jobs in British Columbia (NOW HIRING)

Scotiabank

BC · On-site

$150 - $230/hr

Understand how the Bank's risk appetite and risk culture should be considered in day‑to‑day ... Managing Director, Mid Market Agriculture Banking Direct Reports: Relationship Managers - varies ...

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Bank Risk Management information

See British Columbia salary details

$23K

$88.3K

$171.5K

How much do bank risk management jobs pay per year?

As of Jul 29, 2026, the average yearly pay for bank risk management in British Columbia is $88,339.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $118,000.00 per year, depending on experience, location, and employer.

How much does Goldman Sachs pay risk management?

Risk management professionals at Goldman Sachs typically earn a base salary ranging from $80,000 to over $150,000 annually, depending on experience and seniority. Bonuses and incentives can significantly increase total compensation, especially for those with specialized skills or certifications like FRM or CFA. Compensation varies by location, role, and performance metrics within the firm.

What are some common challenges faced in a Bank Risk Management role?

One of the primary challenges in Bank Risk Management is staying updated with constantly evolving regulatory requirements and ensuring the bank's practices remain compliant. Additionally, professionals in this field must analyze complex financial data to anticipate and mitigate potential risks, which requires accuracy and keen attention to detail. Collaboration with other departments, such as credit, compliance, and operations teams, is frequent and essential for gathering information and implementing risk strategies. Successfully navigating these challenges improves organizational resilience and protects the bank's financial stability.

What are the key skills and qualifications needed to thrive in the Bank Risk Management position, and why are they important?

To thrive in Bank Risk Management, you generally need strong analytical skills, knowledge of finance and banking regulations, and a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, critical thinking, and problem-solving abilities are important soft skills for interpreting data and presenting recommendations to stakeholders. These capabilities are essential for identifying, assessing, and mitigating risks that could impact the financial health and regulatory compliance of the bank.

What is a Bank Risk Management job?

A Bank Risk Management job involves identifying, assessing, and mitigating financial risks that could impact a bank's operations and stability. Professionals in this role analyze credit, market, operational, and regulatory risks to ensure the bank complies with industry standards and maintains financial security. They develop risk models, monitor exposure, and implement strategies to minimize potential losses. Strong analytical skills, regulatory knowledge, and financial expertise are essential for this role.

What is risk management in banking?

Risk management in banking involves identifying, assessing, and controlling financial risks such as credit, market, and operational risks to ensure the bank's stability and compliance. Bank risk managers use tools like risk models and regulatory frameworks to minimize potential losses and protect assets.

What do risk managers do in banks?

Risk managers in banks identify, assess, and monitor financial risks such as credit, market, and operational risks to ensure the bank's stability. They develop risk mitigation strategies, implement policies, and use tools like risk assessment software to manage potential threats effectively.

Is risk management in banking a good career?

Bank risk management is a vital role that involves identifying, analyzing, and mitigating financial risks within banking institutions. It requires strong analytical skills, knowledge of financial regulations, and often certifications like FRM or CFA. The field offers stable employment, competitive salaries, and opportunities for advancement, making it a solid career choice for those interested in finance and risk analysis.
What are popular job titles related to Bank Risk Management jobs in British Columbia? For Bank Risk Management jobs in British Columbia, the most frequently searched job titles are:
What job categories do people searching Bank Risk Management jobs in British Columbia look for? The top searched job categories for Bank Risk Management jobs in British Columbia are:
Bank Risk Management jobs near you
Infographic showing various Bank Risk Management job openings in British Columbia as of July 2026, with employment types broken down into 72% Full Time, 12% Part Time, and 16% Contract. Highlights an 77% Physical, 3% Hybrid, and 20% Remote job distribution, with an average salary of $88,339 per year, or $42.5 per hour.

Senior Director Portfolio Management

National Bank

Victoria, BC • On-site

Full-time

Medical, Retirement

Re-posted 14 days ago

Job description

As Senior Director, Portfolio Management within Commercial Banking team you will be responsible for leading a team of underwriting professionals that will focus on both growth and risk objectives.  Working closely with Commercial Account Managers, Associate Vice Presidents and Credit Risk Management, you will have a direct and positive impact on your team members, colleagues, clients and the Bank’s growth objectives thanks to your deep knowledge of, and experience with, commercial lending.

The Senior Director, Portfolio Management will partner collaboratively with the RVP & Market Lead and Senior Manager, Commercial to achieve positive financial outcomes through effective and timely credit underwriting for new and existing borrowers, while balancing risk and reward in line with risk appetite.


Your role

  • Lead a team of underwriters, provide coaching, direct feedback, and upskilling for employees ensuring exceptional client experiences in every interaction.
  • Support the Commercial Banking team in managing, and growing, an existing portfolio of commercial lending relationships in the Vancouver Island District, by completing assessment of existing and potential clients to determine alignment with the Banks product offering, financing structures and risk appetite.
  • Work with team members on initial transaction analysis and deal structuring.
  • Manage and review credit applications before submission to Credit Risk Management to ensure they meet the highest standards of financial analysis, credit structuring and risk identification & mitigation, while ensuring that internal policies are adhered to.
  • Occasionally author credit applications for the most complex transactions.
  • Provide assistance to the underwriting team with the presentation of their credit applications and challenge team members to think beyond the surface to develop financing scenarios that meet both client needs and the Bank's risk criteria.
  • Coordinate and lead discussions with Credit Risk Management.
  • Manage and monitor the loan portfolio to ensure alignment with the Bank’s established parameters.
  • Work with adjacent teams to ensure required conditions are met prior to funding, ensuring a positive working relationship is maintained at all times.


Your Team

Within the Commercial and Private Banking 1859 sector, you are part of a team of professionals supporting commercial clients. In addition, you are surrounded by an entire ecosystem of experts to help you offer the best possible solutions to customers.

Reporting to the RVP & Market Lead, Vancouver Island District, the position is based in Victoria, BC.

Our learning-by-doing training programs enable you to master your job. Access to colleagues with different expertise, experience, and profiles will enrich your development in every way.


Prerequisites

  • Bachelor’s degree in accounting, business, economics, finance or a related field; professional designation(s) and/or an advanced degree is considered a strong asset
  • 10+ years of related commercial banking experience
  • Experience building, developing and leading a team of high performing credit underwriting professionals
  • Exceptional commercial credit analysis skills, and the ability to creatively solve problems and clear, succinct and persuasive credit writing capabilities
  • An entrepreneurial mindset with the ability to blend strong technical knowledge with sound business judgement
  • Excellent interpersonal and communication skills with an ability to effectively collaborate with partners at all levels


Your benefits
In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

* Health and wellness program, including many options
* Flexible group insurance
* Generous pension plan
* Employee Share Ownership Plan
* Employee and family assistance program
* Preferential banking services
* Involvement in community initiatives
* Telemedicine service
* Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment
We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Join us!

Apply