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Business Analyst Risk Management Jobs in Toronto, ON

Motion Recruitment

Business Analyst

Mississauga, ON

Business Analyst - Model Risk Mgmt Location: Mississauga, ON Duration: 6+ Months (High Possibility of Extension) Required Skills & Experience * Proven experience as a Business Analyst, preferably ...

New

Manulife

Senior Analyst, Model Risk Management

Toronto, ON · Hybrid

CA$65K - CA$109K/yr

The Senior Analyst, Model Risk Management is a member of the Group Model Risk Management team ... Ensure business units comply with the Model Risk Policy, providing adequate documentation for ...

Td

Learning Business Analyst

Toronto, ON

CA$81K - CA$115K/yr

Gather, analyze, and document business requirements for platform enhancements, releases, and ... management, communication, facilitation, and consulting skills. * Understanding of governance, risk ...

Omers

Analyst, Total Plan Risk Management

Toronto, ON

CA$86K - CA$130K/yr

Partner with investment professionals across Risk and Total Portfolio Management by analyzing portfolio risks and translating quantitative results into insights that support investment, portfolio ...

Snaplii

Senior/Lead Risk Analyst, Payment fraud

Toronto, ON · On-site

$150K - $200K/yr

... risk management. Qualifications * The ideal candidate is an accountable and resilient team-player who brings a combination of business instincts, technical skills and raw analytical horsepower ...

MUFG

Model Risk Management Analyst, AVP

Toronto, ON · On-site

The models include those used within the various Business Units for supporting Global trading ... Responsibilities: Model Risk Management: * Developing, maintaining, and implementing the Bank ...

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Business Analyst Risk Management information

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How much do business analyst risk management jobs pay per hour?

As of Aug 29, 2026, the average hourly pay for business analyst risk management in Toronto, ON is $43.64, according to ZipRecruiter salary data. Most workers in this role earn between $31.43 and $55.06 per hour, depending on experience, location, and employer.

What does a business analyst in risk management do?

A Business Analyst in Risk Management identifies, assesses, and helps mitigate risks that could impact an organization's operations or objectives. They analyze data, processes, and systems to spot potential threats, recommend controls, and ensure compliance with regulations. Additionally, they work closely with stakeholders to develop risk management strategies and improve decision-making processes. Their role is essential in helping businesses minimize losses and enhance resilience.

What are the key skills and qualifications needed to thrive as a business analyst in risk management?

To excel as a Business Analyst in Risk Management, you need strong analytical skills, risk assessment expertise, and a background in finance or business, often supported by a relevant degree such as finance, economics, or business administration. Familiarity with risk management software (like SAS, RiskWatch, or RSA Archer), data analytics tools, and certifications such as FRM (Financial Risk Manager) or CRM (Certified Risk Manager) is highly valuable. Exceptional communication, problem-solving, and stakeholder management skills set top candidates apart. These competencies are crucial for identifying, evaluating, and mitigating potential risks while ensuring informed, data-driven decision-making within an organization.

What are the main challenges business analysts in risk management typically face when collaborating with cross-functional teams?

Business Analysts in Risk Management often work closely with teams across finance, compliance, IT, and operations. A key challenge is translating complex risk requirements into clear, actionable tasks for technical and non-technical stakeholders. Managing differing priorities and ensuring everyone understands the impact of risk controls on business objectives can require strong communication and negotiation skills. Regular meetings, clear documentation, and a collaborative attitude are essential to overcoming these challenges and ensuring project success.

What is the difference between Business Analyst Risk Management vs Business Analyst?

AspectBusiness Analyst Risk ManagementBusiness Analyst
CertificationsPMI-RMP, CBAPCBAP, CCBA
Work EnvironmentRisk management teams, finance, insuranceProject teams across various industries
Industry UsageFinance, insurance, risk-focused sectorsIT, healthcare, business operations

Business Analyst Risk Management specializes in identifying and mitigating risks within projects and organizations, often requiring risk-specific certifications. In contrast, a Business Analyst focuses on gathering requirements, analyzing processes, and supporting project delivery across diverse industries. While both roles involve analysis and stakeholder communication, Business Analyst Risk Management has a stronger emphasis on risk assessment and mitigation strategies.

What are popular job titles related to Business Analyst Risk Management jobs in Toronto, ON?

For Business Analyst Risk Management jobs in Toronto, ON, the most frequently searched job titles are:

What job categories do people searching Business Analyst Risk Management jobs in Toronto, ON look for?

The top searched job categories for Business Analyst Risk Management jobs in Toronto, ON are:

Business Analyst Risk Management jobs near you
Infographic showing various Business Analyst Risk Management job openings in Toronto, ON as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 83% Physical, 5% Hybrid, and 12% Remote job distribution, with an average salary of $90,780 per year, or $43.6 per hour.

Business Analyst

Motion Recruitment

Mississauga, ON

Full-time

Posted 2 days ago

New

Job description

Tittle: Business Analyst - Model Risk Mgmt

Location: Mississauga, ON

Duration: 6+ Months (High Possibility of Extension)


Required Skills & Experience

  • Proven experience as a Business Analyst, preferably within a Model Risk Management, model validation, or familiarity with quantitative risk function in MRM
  • Experience with large-scale data migration projects, including data analysis, mapping, and validation — ideally involving model inventory or risk data.
  • Expertise in Agile methodologies (Scrum/Kanban), with a proven ability to write clear and effective Epics, user stories, and acceptance criteria.
  • Excellent analytical and problem-solving skills, with the ability to translate complex MRM governance requirements into detailed technical platform specifications.
  • Experience in Reviewing test cases and supporting the quality assurance process
  • Exceptional communication and interpersonal skills, with the ability to effectively engage and manage stakeholders across model risk, technology, audit, and senior leadership levels.
  • Strong understanding of model risk management principles, including model development, independent validation, model tiering, and ongoing monitoring in accordance with regulatory expectations (SR 11-7, SS1/23, or equivalent).


What You Will Be Doing

  • Will play a crucial role in the development and enhancement of a new, unified platform for the Risk organization.
  • Will act as a vital conduit between the Model Risk Management business stakeholders, and technology teams.
  • Responsible for translating high-level business needs into detailed requirements, ensuring the resulting platform is robust, scalable, and compliant with all regulatory standards — including Model Risk Management governance frameworks, model validation workflows, and SR 11-7 / SS1/23 regulatory guidance.
  • Collaborate with all stakeholders, including Model Risk, model owners, model validators, business users, and dependent technology teams, to elicit, analyze, and document detailed business requirements aligned with MRM policies and governance standards.
  • Work closely with the Product Owner to break down high-level Epics into well-defined, actionable user stories with comprehensive acceptance criteria, covering model inventory management, validation lifecycle, and findings tracking workflows.
  • Document current and future state workflows for model development, independent validation, approval, and ongoing monitoring — identifying gaps and opportunities for process improvement to support a single, unified MRM workflow across all model tiers.
  • Partner with the QA team to develop detailed test cases and scenarios specific to MRM workflows (e.g., model submission, validation findings, approval routing). Participate in testing to validate that implemented solutions meet both business and regulatory requirements.
  • Serve as a key communication bridge between model validators, model owners, senior MRM leadership, and technology teams — ensuring a clear and common understanding of requirements, project status, and deliverables at all stages.


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