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Corporate Risk Manager Jobs in Toronto, ON (NOW HIRING)

In this role, you'll partner closely with senior leaders across Global Markets, Corporate Banking, and Risk Management to ensure business opportunities align with the bank's risk appetite and credit ...

Advanced credit risk management expertise across financial institutions and/or corporate portfolios, in particular the enhancement of credit risk policy, standards and guidance Strong knowledge of ...

Manager, Global Risk Management

Toronto, ON · On-site

CA$82K - CA$103K/yr

Overview The Manager, Global Risk Management leads the global insurance program, supporting all ... corporate goals. Specifically, these responsibilities include but not limited to: * Full ...

Showing results 21-40

Corporate Risk Manager information

See Toronto, ON salary details

$29.6K

$101.2K

$160.8K

How much do corporate risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for corporate risk manager in Toronto, ON is $101,174.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,210.00 and $124,064.00 per year, depending on experience, location, and employer.

What does a corporate risk manager do?

A Corporate Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact a company’s financial standing, reputation, or operations. They develop risk management strategies, policies, and procedures to minimize potential losses and ensure compliance with regulations. Their work involves analyzing internal and external risks, recommending insurance coverage, and implementing plans to address risks related to market changes, legal issues, or operational failures.

What are some common challenges a corporate risk manager faces when aligning risk strategies with different business units?

A Corporate Risk Manager often encounters the challenge of aligning risk strategies across diverse business units, each with its own objectives and risk appetite. Balancing these differences requires strong communication, negotiation skills, and a deep understanding of the company's overall risk framework. It’s common to facilitate cross-departmental discussions to ensure consistency and buy-in, while tailoring approaches to fit unique operational needs. Successfully navigating these dynamics not only helps mitigate risks but also fosters a collaborative culture around risk management.

What are the key skills and qualifications needed to thrive as a corporate risk manager, and why are they important?

To thrive as a Corporate Risk Manager, you need strong analytical skills, a background in finance or business, and typically a bachelor's or master's degree in a related field. Familiarity with risk assessment tools, enterprise risk management (ERM) systems, and certifications such as FRM (Financial Risk Manager) or CRM (Certified Risk Manager) are highly valued. Exceptional communication, critical thinking, and leadership abilities are essential for influencing decision-makers and managing cross-functional teams. These skills are crucial for identifying, evaluating, and mitigating risks that could impact organizational objectives and ensuring long-term business stability.

What is the difference between Corporate Risk Manager vs Insurance Risk Analyst?

AspectCorporate Risk ManagerInsurance Risk Analyst
CertificationsCRM, FRM, or ERM certifications often preferredFRM, CPCU, or ARM certifications common
Work EnvironmentCorporate offices, risk management departmentsInsurance companies, brokerage firms, risk assessment teams
Employer & IndustryLarge corporations across industriesInsurance firms, reinsurance companies
Primary FocusIdentifying and mitigating enterprise-wide risksAssessing insurance risks and setting premiums

While both roles involve risk assessment, the Corporate Risk Manager focuses on overall enterprise risk management within a company, whereas the Insurance Risk Analyst specializes in evaluating insurance risks and determining policy premiums. Both positions require similar certifications and are integral to risk mitigation strategies in their respective environments.

Do corporate risk managers make good money?

Corporate risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. They often work in office environments, utilizing risk assessment tools and analytical skills.

How much do corporate risk managers earn?

Corporate risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $150,000 depending on experience, industry, and location. Advanced certifications and strong analytical skills can lead to higher compensation in this role.
Infographic showing various Corporate Risk Manager job openings in Toronto, ON as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 80% Physical, 4% Hybrid, and 16% Remote job distribution, with an average salary of $101,174 per year, or $48.6 per hour.

Senior Consultant, Strategy and Risk

Toronto, ON • Hybrid

Toronto Hydro
1 - 5K employees

CA$109K - CA$137K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 2 days ago

New


Job description

Expected Salary Range: $109832 - $137290 Annually

Target Variable Performance Pay: 10%

The salary range shown above reflects the expected  compensation for this position. The final salary offered will be determined based on a holistic assessment of the candidate’s experience, education, training, and alignment with the role’s requirements. For positions covered by a collective agreement, placement within the range will follow the applicable step or classification.

The Senior Consultant, Strategy and Risk leads complex, high-impact corporate strategy and enterprise risk management initiatives that support Toronto Hydro's strategic priorities. Serving as a senior project manager, the incumbent leads projects from concept through execution, establishing governance, timelines, deliverables, stakeholder engagement plans, and success measures. Leveraging strong project management practices and analytical expertise, the Senior Consultant partners with leaders to delivers strategic outcomes, facilitates enterprise risk discussions, and develops actionable recommendations that support executive- and Board-level decision-making.

This posting is for an existing vacancy.

KEY RESPONSIBILITIES:

  • Leads strategic planning and risk analysis, including the preparation of presentations, materials, and follow-up actions in support of the Executive Team and the Board of Director meetings, ensuring alignment to organizational priorities
  • Acts as a senior project manager to drive high impact strategic initiatives and enterprise risk priorities, applying strong facilitation and planning skills to support execution and alignment with corporate objectives
  • Leads complex strategic assessments, evaluates potential courses of action, and develops recommendations to address business challenges and opportunities
  • Synthesizes findings into clear, actionable reports and presentations for senior leaders and the Board, supporting both corporate strategy development and enterprise risk planning
  • Builds and maintains strategic relationships across the organization to support collaboration, alignment, and integration of enterprise risk and corporate strategic initiatives
  • Leads strategic and enterprise risk management initiatives by developing charters, roadmaps facilitating status reporting and dashboards, consolidating updates for leaders, and supporting projects in establishing risk management frameworks including designing and operationalizing risk assessment criteria, key risk indicators, and assessing risk exposure and performance

REQUIREMENTS:

  • Bachelor’s degree in Business, Engineering or a related field
  • Five (5) to seven (7) years of progressive experience leading end-to-end delivery of complex, cross-functional projects or initiatives in strategy, enterprise risk, transformation, or similar corporate environments
  • Strong project leadership skills, with proven ability to define scope and governance, navigate ambiguity, and deliver strategic initiatives that support executive and Board-level decision-making
  • Advanced problem‑solving skills to structure ambiguous issues, evaluate options and trade‑offs, and develop clear, actionable recommendations
  • Proven leadership and influencing skills, with the ability to facilitate senior-level discussions and drive alignment across functions and stakeholders
  • Exceptional relationship management skills with the ability to build credibility with senior leaders and stakeholders, and translate complex issues into clear, decision‑ready insights
  • Experience with electrical utility or other highly regulated industries preferred
  • Post‑graduate education and/or relevant professional certification in Business or Public Administration (e.g., MBA, MPA, PMP, P.Eng.) is an asset
  • Knowledge of enterprise risk management concepts and practices is an asset
  • Exceptional verbal and written communication skills with demonstrated ability to consult and facilitate executive discussions with senior leaders and develop Board-level materials
  • Advanced proficiency in project management tools and Microsoft Office Suite

 

TOTAL REWARDS

To support the overall well-being and success of our employees, Toronto Hydro provides a comprehensive total rewards package which includes:

  • 100% employer paid Health & Dental benefits
  • 24/7 access to Employee & Family Assistance Program and Virtual Healthcare
  • Company-paid life insurance and long term disability
  • Spending account to support fitness goals (e.g. gym memberships)
  • Competitive paid time off (including vacation and parental leave)
  • Defined Benefits Pension Plan through OMERS
  • Career development and tuition reimbursement
  • Exciting employee engagement and appreciation events throughout the year

This position is based in a hybrid environment allowing for remote work two days per week, based on business needs. Employees will be required to come onsite Tuesday to Thursday. You are expected to live in Ontario and within reasonable commuting distance of the office.

Toronto Hydro is committed to leveraging new technologies to support an efficient and inclusive recruitment process. As part of this, artificial intelligence (AI) systems may be used to assist in screening, assessing, or selecting applicants for this position. These tools are used in combination with human decision-making to ensure fairness and consistency. 

ACCESSIBILITY AND APPLICATION SUPPORT

Toronto Hydro is committed to fostering an inclusive and accessible recruitment process. Thank you for considering a career with Toronto Hydro. We welcome applications from all qualified candidates. If you’re having difficulty using our online application system and require accommodation, please email hr_talent@torontohydro.com or call (416) 542-8000. Toronto Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process. Please note this email is for accommodation requests only. Resumes sent to this email address will not be considered. Learn more about our commitment to accessibility.