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Director Operational Risk Jobs in Ontario (NOW HIRING)

CIBC

Consultant, Risk Governance

Toronto, ON · Hybrid

... to operational risk. Manage relationships at peer or director level, as well as project and initiative managers, within the assigned LOB. Represent Risk Governance on LOB initiatives. * Risk ...

Scotiabank

Director, Technology Sourcing

Toronto, ON · On-site

As Director, Technology Sourcing & Supplier Management, you'll lead sourcing strategy and supplier ... Operational Risk, Regulatory Compliance, AML/ATF, and Conduct Risk frameworks. * Champion ...

Mace

Risk Director

Toronto, ON · On-site

You will lead operations that are fiscally and ethically viable, influencing the achievement of ... Accountable for the risk management performance of all service delivery for their assigned Hub(s)

Nova Staffing Inc

Director of Safety

Brampton, ON

A Director of Safety in the trucking and transportation industry is responsible for developing ... This role oversees all aspects of transportation safety, driver compliance, and operational risk ...

CFC

As Director of Operations - Canada, you will be responsible for building, leading, and scaling CFC ... and operational risk management. Experience working with compliance and risk teams to embed ...

Scotiabank

Director, Product Onboarding

Toronto, ON · Hybrid

The Director partners closely with business and product leads to align on requirements and ... operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Ontario

Director Operational Risk information

See Ontario salary details

$29.5K

$116.9K

$183.5K

How much do director operational risk jobs pay per year?

As of Jul 23, 2026, the average yearly pay for director operational risk in Ontario is $116,884.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $150,500.00 per year, depending on experience, location, and employer.

What does a Director of Operational Risk do?

A Director of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations. They develop risk management strategies, implement controls, and ensure compliance with relevant regulations. This role typically involves collaborating with different departments, reporting to senior management, and overseeing risk assessments and audits. The goal is to minimize losses and protect the organization from potential operational failures or external threats.

How does a Director of Operational Risk typically collaborate with other departments to manage enterprise-wide risks?

A Director of Operational Risk works closely with teams across the organization—including compliance, internal audit, IT, and business unit leaders—to identify, assess, and mitigate potential risks. This collaboration often involves organizing risk assessments, sharing best practices, and developing response strategies for incidents. Regular cross-functional meetings and reporting are common, ensuring that risk management is integrated into day-to-day business operations. Effective communication and relationship-building are crucial for success in this role, as the Director must foster a risk-aware culture throughout the company.

What is the difference between Director Operational Risk vs Risk Manager?

AspectDirector Operational RiskRisk Manager
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Often requires similar certifications but may have less emphasis on advanced degrees
Work EnvironmentStrategic, leadership-focused, overseeing risk frameworks across departmentsOperational, focused on identifying and mitigating specific risks within teams
Employer & Industry UsageCommon in banking, finance, insurance, and large corporationsFound across various industries including finance, healthcare, and manufacturing

The main difference is that the Director of Operational Risk typically holds a senior leadership role responsible for setting risk strategies and policies, while the Risk Manager focuses on implementing risk mitigation measures at the operational level. Both roles require relevant certifications and experience, but the Director position involves broader strategic oversight.

What are the key skills and qualifications needed to thrive as a Director of Operational Risk, and why are they important?

A Director of Operational Risk needs deep knowledge of risk management frameworks, regulatory requirements, and operational processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, data analytics platforms, and certifications such as FRM or CRM is highly valued. Strong leadership, analytical thinking, and effective communication are essential soft skills for guiding teams and influencing stakeholders. These competencies are crucial for identifying, assessing, and mitigating risks that could impact organizational objectives and regulatory compliance.
What are the most commonly searched types of Operational Risk jobs in Ontario? The most popular types of Operational Risk jobs in Ontario are:
What are popular job titles related to Director Operational Risk jobs in Ontario? For Director Operational Risk jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Ontario look for? The top searched job categories for Director Operational Risk jobs in Ontario are:
What cities in Ontario are hiring for Director Operational Risk jobs? Cities in Ontario with the most Director Operational Risk job openings:
Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in Ontario as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 1% Temporary, and 2% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $116,884 per year, or $56.2 per hour.
Practice Director - Operational Readiness

Practice Director - Operational Readiness

Colliers International

Toronto, ON • On-site

$126 - $173/hr

Other

Posted 14 days ago

Colliers rating

7.0

Company rating: 7.0 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

100th of 163 rated real estate companies

Job description

Overview

At Colliers Project Leaders, we deliver capital project solutions to fulfill our clients’ needs across the built environment. The work we do makes a difference in communities and for the people who live there. We have a passion for it.

Our commitment to realizing our clients' vision inspires us to look beyond the immediate – to the possibilities of what we can achieve together. We are 18,000 projects and counting – improving lives and helping shape the growth of sustainable, progressive and inclusive communities.

Your role

As a Practice Director – Operational Readiness, you are a senior leader responsible for driving growth, delivery excellence, and capability development within your area of practice, with a focus on healthcare environments. You lead strategic accounts and complex operational readiness initiatives, ensuring strong financial performance, high-quality outcomes, and client satisfaction across clinical and operational settings.

You act as a trusted advisor to stakeholders, shaping delivery, resourcing, and operational readiness strategies while proactively identifying risks and opportunities across your portfolio.

You also play a key role in developing senior and intermediate talent, embedding best practices and quality standards, and strengthening the organization’s market presence through thought leadership and industry engagement within the healthcare sector.

Responsibilities
  • Lead strategic healthcare sector accounts and drive growth within the Operational Readiness service line
  • Act as Project Executive on complex engagements, ensuring delivery excellence, quality, and client satisfaction
  • Oversee financial performance across your portfolio, managing risk, optimizing resources, and achieving strong project outcomes
  • Shape and contribute to business development, including strategic pursuits, account planning, and market intelligence
  • Establish and continuously improve delivery methodologies, quality standards, and best practices (QMS) including the developing of standardized tools and processes.
  • Coach and develop senior and intermediate practitioners, building high-performing, collaborative teams
  • Provide expert guidance to stakeholders, influencing decisions on delivery, resourcing, and operational readiness strategy
  • Strengthen the organization’s market presence through thought leadership and industry engagement in the healthcare sector
Qualifications
  • 10+ years of experience delivering large, complex projects or programs, including recognized expertise in healthcare with a preference for acute care environments
  • Proven experience leading strategic accounts, client relationships, and business growth initiatives
  • Strong financial acumen with experience managing project performance, risk, and profitability
  • Demonstrated ability to lead, coach, and develop senior-level professionals
  • Established industry network and active engagement in relevant professional or trade associations
  • Professional Healthcare designation is considered a strong asset
  • Exceptional leadership, stakeholder management, and strategic thinking skills

Don’t have every single qualification? We are not looking for “perfect matches.” We’re looking to welcome people to our diverse, inclusive, and authentic workplace. If you’re excited about this role but don’t have every single qualification, we encourage you to apply anyway.

What you can expect:

  • An opportunity to truly impact our communities
  • A flexible work environment
  • A comprehensive onboarding experience
  • Significant professional development, training, and a mentorship program
  • A paid volunteer day
  • An environment where people feel welcome, heard and included, regardless of their differences
  • And much more!

Join our team of difference-makers and help shape the growth of dynamic communities.

Approximate Salary Range for Practice Director: $126,000 to $173,000

Our salary ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all Canada locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

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Disclaimer

Colliers Project Leaders is part of Colliers (NASDAQ, TSX: CIGI), a leading diversified professional services and investment management company, with more than 17,000 professionals operating in 63 countries.

Colliers Project Leaders has suspended our COVID‑19 vaccination requirement. In circumstances where our clients have a different COVID‑19 vaccination policy, the Clients’ requirements will supersede.

Colliers Project Leaders is an equal opportunity employer and celebrates diversity in its workforce. Colliers encourages applications from all qualified individuals and will accommodate applicants' disability‑related needs, up to the point of undue hardship, throughout all stages of the recruitment and selection process. If you require a disability‑related accommodation to participate in the recruitment process, please advise the assigned Talent Acquisition Business Partner.

Colliers Project Leaders standard recruitment process requires applicants to be subjected to formal background and reference checks prior to their hiring.

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