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Commercial Risk Manager Jobs in Ontario (NOW HIRING)

Gardiner & Theobald

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 ...

AECOM

Program Risk Manager

Mississauga, ON · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... commercial management. * Understanding of various traditional and alternative contracting ... Certified Risk Management Lead (CRM) or similar designation * Membership of a professional body an ...

GE Vernova

Senior Risk Manager

Markham, ON · On-site

CA$137K - CA$187K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Summary The Senior Risk Manager will be responsible for developing a Risk Management Plan and ... Technical knowledge of commercial nuclear reactors & associated systems. * Microsoft suite ...

Mace

Senior Risk Manager

Toronto, ON · Hybrid

Accountable for the risk management performance of assigned commission(s). * Creates/designs ... Commercial awareness and business development skills and bids/winning work. * Effective ...

GE Vernova

Senior Risk Manager

Markham, ON · On-site

CA$137K - CA$187K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Summary The Senior Risk Manager will be responsible for developing a Risk Management Plan and ... Technical knowledge of commercial nuclear reactors & associated systems. * Microsoft suite ...

AECOM

Commercial Manager

Markham, ON · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Trillium Rail Partners

Risk Analyst

Mississauga, ON · On-site

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 ...

Trillium Rail Partners

Risk Analyst

Mississauga, ON

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 ...

Aon Corporation

Senior Account Executive

Toronto, ON · On-site

CA$13K - CA$175K/yr

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 ...

Horizon Media

VP, Commercial Finance

Toronto, ON · On-site

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

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All JobsCommercial Risk JobsCommercial Risk Manager JobsCommercial Risk Manager Jobs in Ontario

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.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often involves risk assessment, insurance management, and strategic planning, which are valued skills in many organizations.

What are the key skills and qualifications needed to thrive as a commercial risk manager?

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:

What job categories do people searching Commercial Risk Manager jobs in Ontario look for?

The top searched job categories for Commercial Risk Manager jobs in Ontario are:

Commercial Risk Manager jobs near you
Infographic showing various Commercial Risk Manager job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 21% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution.

Risk Manager - Major Infrastructure

TalentSphere

Mississauga, ON

CA$170K - CA$200K/yr

Full-time

Posted 20 days ago

Job description

Risk Manager - Major Infrastructure

Location: GTA

Compensation: $170,000-$200,000

Reference # 16817626

THE OPPORTUNITY:

Shape the future of large-scale infrastructure projects by leading risk strategy, driving better decisions, and influencing outcomes from the earliest stages of delivery.

We are seeking an experienced Risk Manager to join a high-performing project team responsible for delivering complex infrastructure initiatives. This is an opportunity for a seasoned risk professional to play a critical role in identifying challenges before they arise, guiding mitigation strategies, and helping project teams make informed decisions throughout the design and pre-construction phases.

Working closely with engineering, commercial, estimating, project controls, and construction teams, you will help establish a proactive risk culture that supports successful project delivery while balancing cost, schedule, and stakeholder expectations.

WHAT YOU'LL BE DOING:

  • Lead the development and implementation of project risk management strategies, processes, and reporting frameworks.
  • Facilitate risk identification workshops with engineering, design, commercial, construction, and project controls teams.
  • Maintain and manage project risk registers, ensuring ownership, accountability, and mitigation strategies are clearly defined.
  • Develop risk reporting dashboards and provide leadership teams with clear insights to support decision-making.
  • Integrate risk considerations into cost forecasting, schedule planning, estimating, and project execution strategies.
  • Support value engineering, change management, and project optimization initiatives.
  • Lead Quantitative Cost and Schedule Risk Analyses (QRA) at key project milestones and translate findings into actionable recommendations.
  • Analyze risk trends, assumptions, and mitigation effectiveness to identify opportunities for improvement.
  • Maintain transparent documentation and audit trails related to project risks, decisions, and mitigation plans.
  • Collaborate with internal and external stakeholders to promote proactive risk management practices.

WHAT YOU BRING:

  • 15+ years of experience in risk management within large-scale infrastructure, transportation, transit, or complex construction environments.
  • Experience supporting major projects through progressive design, pre-construction, or design-build delivery phases.
  • Strong understanding of project controls, cost forecasting, scheduling, and commercial risk.
  • Experience facilitating risk workshops and working with multidisciplinary teams.
  • Ability to analyze complex information and communicate clear recommendations to senior stakeholders.
  • Strong leadership, facilitation, and influencing skills with the ability to challenge assumptions constructively.
  • Degree in Engineering, Construction Management, Project Management, or a related discipline.
  • Professional certifications such as PMP, PMI-RMP, or equivalent are considered an asset.
  • Experience with risk management tools and quantitative risk analysis software is preferred.

WHY THIS OPPORTUNITY:

  • Influence major projects from the ground up – Play a key role during early design and pre-construction phases where strategic decisions have the greatest impact.
  • Work on complex, high-profile infrastructure programs – Apply your expertise to projects requiring advanced risk management, collaboration, and strategic thinking.
  • Have a seat at the table – Partner with senior leaders and multidisciplinary teams to shape decisions, challenge assumptions, and improve project outcomes.
  • Build your professional impact – Lead risk processes, mentor teams, and help establish best practices across a sophisticated project environment.

WHAT TO DO NEXT:

Click apply if you think this role is for you. If you are a qualified candidate with questions, please reach out to csoules@talentsphere.ca or call me at 416-900-3435 x 728

*Only those selected for the interview process will be contacted*