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Commercial Risk Manager Jobs in Ontario (NOW HIRING)

Provide commercial and technical expertise to support proposal development and provide commercial input into contractually defined risk management & project control requirements * Establish ...

You will take ownership of key accounts and influence how we deliver excellence in commercial ... Risk Management and Leadership: * Develop, implement and manage appropriate risk management ...

The Commercial Manager provides commercial oversight across the full project lifecycle, from bid ... Contracts, Risk & Claims * Advise project leadership on contractual, commercial, and compliance ...

What the day will look like As an Account Executive, you will be the central point of contact for key commercial risk clients, directing all aspects of account management, renewals, and service ...

The role supports the Risk Manager to maintain a live risk register that aligns with project ... Commercial teams. Remote working is acceptable when there are no in person meetings or sessions ...

The role supports the Risk Manager to maintain a live risk register that aligns with project ... Commercial teams. Remote working is acceptable when there are no in person meetings or sessions ...

Managing commercial risk assessment and mitigation strategies across partner agreements and client activity * Overseeing upfront investment management, tracking commitments, utilization, and ...

Experience in credit analysis in Corporate and/or Commercial Banking or Credit roles, including but ... Global Risk Management and Banking counterparts). * Negotiation and problem-resolution skills to ...

Lead Divisional Risk Advisor

Toronto, ON · On-site

CA$100K - CA$160K/yr

Practical, hands-on experience applying risk management principles in business or commercial environments (not solely regulatory or theoretical). Demonstrated ability to influence and engage ...

... risk management services on major construction projects. * Commercial awareness with experience in business development, bidding, and winning work. * Effective communication and stakeholder ...

... Commercial and Business Banking Account Managers. * Competitive rates. * Personalized financial ... Senior Manager, Technology Risk DUCA is looking for a Senior Manager, Technology Risk to join our ...

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Commercial Risk Manager information

How does a Commercial Risk Manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a Commercial Risk Manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

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

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.
What are popular job titles related to Commercial Risk Manager jobs in Ontario? For Commercial Risk Manager jobs in Ontario, the most frequently searched job titles are:
Infographic showing various Commercial Risk Manager job openings in Ontario as of July 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, 5% Hybrid, and 15% Remote job distribution.

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Re-posted 7 days ago


Job description

Come Build Your Career at Aecon!

As a Canadian leader in infrastructure development, Aecon is safely and sustainably building what matters for future generations to thrive! We lead some of the most impactful infrastructure projects of our generation, at the forefront of transformational change in transportation and energy, and partnering every day to build, connect, power, and strengthen our communities.

At Aecon, you can count on:

  • Safety Always. Our number one core value. If we can't do it safely, we don't do it at all.
  • Integrity. We lead by example, with humility and courage.
  • Accountability. We're passionate about delivering on our commitments.
  • Inclusion. We provide equitable opportunities for everyone.

We lead the infrastructure industry with purpose, and our people are at the heart of everything we do. So, we invest in our people, just like they invest in us! 

At Aecon we:

  • Ensure you and your family receive the services needed to support your mental, emotional, and physical well-being.
  • Believe in helping you build your career through our Aecon University and Leadership Programs.
  • Are committed to supporting and investing in inclusive work environments, through initiatives like Equity, Diversity & Inclusion training, our Aecon Women in Trades and Aecon Diversity in Trades programs, and our Employee Resource Groups (ERGs) to ensure we are building inclusion into every aspect of our culture at Aecon.
  • Are a leader in sustainable construction. With a strong commitment to operating responsibly by minimizing our impact on the environment and surrounding communities.

Our business success relies on strong execution and continuous improvement - driven by the diversity, expertise and teamwork of our people. We're always searching the globe for innovative, collaborative minds to join our best-in-class Aecon community!

What is the Opportunity?

We lead the infrastructure industry with purpose, and our people are at the heart of everything we do. Our business success relies on strong execution and continuous improvement - driven by the diversity expertise and teamwork of our employees. We are always searching the globe for exceptional candidates to join the Aecon family and be a part of our forward-thinking, innovative, best-in-class organization.

Reporting to the Project Controls Director, the Project Controls Risk Manager will be responsible for providing risk management expertise to Aecon's ongoing mega-projects in the Nuclear sector.

This role follows a hybrid work model and involves frequent travel to Cambridge, Darlington, Pickering, and Kincardine.

What You'll Do Here:

  • Overall responsibility for project's compliance to Aecon's Project Controls standards & applicable contract documents
  • Develop a project-specific Risk Management Plan for incorporation into the Project Controls Plan
  • Lead the development of the risk register, and summary risk reports to ensure compliance with the standards and procedures
  • Establish cadence for risk reviews & lead risk review meetings to identify, evaluate & update risks that may have a cost and/or schedule impact
  • Assist risk owners in establishing, implementing & tracking mitigating actions & contingency plans
  • Establish quantitative risk analysis (QRA) cadence; oversee QRA and articulate the results & variance analysis to project leadership
  • Oversee the risks assessments and provide inputs to their impact calculations for projects cost, schedule, quality and safety
  • Perform quantitative schedule risk analysis & quantitative cost risk analysis utilizing Monte Carlo risk modeling tools
  • Incorporate the results of the Quantitative Risk Analysis into the project forecast
  • Provide input into the continuous improvement of Aecon's Project Controls policies and guidelines
  • Oversee analysis and reporting of project performance key metrics on risk management
  • Provide commercial and technical expertise to support proposal development and provide commercial input into contractually defined risk management & project control requirements
  • Establish & maintain strong partnerships with client counterparts & joint venture stakeholders (where applicable)
  • Create, promote, and maintain a safe, open & respectful workplace culture and environment
  • Provide feedback & guidance to direct reports for annual goal setting; support in the establishment of individual career development plans and in identifying training & professional development opportunities
  • Conduct annual performance reviews (with mid-year check-ins) & provide constructive feedback; implement performance improvement plans as needed with support from Human Resources
  • Participate in project-level resource planning, utilization analysis & resource leveling; manage & maintain Project Controls staffing plan forecasts
  • Lead project-level recruitment efforts for new Project Controls resources; communicate resource needs with senior leadership

What You Bring to the Team:

  • 10-15 years of related experience.
  • Demonstrated Analytical & Adaptive Thinking.
  • Quantitative, Engineering or Construction Management Post-Secondary Degree.
  • Ability to travel between our different project site locations including Cambridge, Darlington, Pickering and Kincardine.
  • Strong Team Collaboration Skills.
  • Detail Oriented Approach, Focused on Quality.
  • Strong Verbal & Written Communication Skills.
  • Agility & Flexibility in a Dynamic Environment.
  • Innovative Problem-Solving Skills.
  • Project Controls Ambassador.
  • EPC Contractor (Self-Perform) Experience.
  • Construction Field Experience.
  • Mega-project or Portfolio Projects Experience.
  • Demonstrated Project Controls Technical Knowledge (e.g. via PMI or AACE Certification).
  • Stakeholder Management Experience.
  • Strategic Orientation.
  • Consensus Building Experience.
  • Leadership Experience in High-Performing Teams.
  • Monte Carlo Risk Modeling Expertise for Quantitative Schedule Risk Analysis & Quantitative Cost Risk Analysis.
  • Microsoft Excel Expertise.
  • Primavera P6 Expertise.
  • ERP Systems Expertise (e.g. SAP, Oracle, JDE).
  • Cost Management or Estimating Systems Expertise (e.g. Hard Dollar, EcoSys, Prism).
  • Due to the nature of the work, mandated nuclear export controls requirements must be met for employment.
  • Our background check process includes a full security check and clearance process as well as reference checks. The security clearance process includes a comprehensive list of previous residences, employment, education and other pertinent information. Those with a valid Bruce Power security clearance are strongly preferred.

Reason for Vacancy: New 

Pay Range: $139,000 - $189,000 per year

Individual pay is determined based on several factors, including work location, education, experience, unique skills and job conditions. Other considerations may include certifications, specialized training, and the complexity or scope of the role.  

Aecon fosters diversity, inclusion and belonging within and across our organization. We welcome all to apply including, women, visible minorities, Indigenous peoples, persons with disabilities, and persons of any sexual orientation or gender identity.

We are committed to adhering to the objectives and requirements outlined in the Accessible Canada Act (ACA), and to meeting the accessibility needs of persons with disabilities in a timely manner. Through the implementation of the requirements of the ACA and its applicable regulations, appropriate accommodations will be provided upon request throughout the interview and hiring process.

As part of our commitment to fair and transparent hiring practices, Aecon may use artificial intelligence (AI) tools to assist in screening and reviewing candidates. These tools are applied responsibly and in accordance with applicable privacy laws and Aecon's AI Usage Policy. All final decisions are made by qualified Aecon team members.