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Director Operational Risk Jobs in Ontario (NOW HIRING)

Scotiabank

Director, Thought Leadership

Toronto, ON

The Role The Director, Thought Leadership will develop and promote insightful, forward-thinking ... operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not ...

Manulife

Director DevOps and SRE

Toronto, ON · On-site

The Director of DevOps and Site Reliability Engineering is accountable for the end-to-end delivery ... Manage operational risk associated with scaling AI workloads and complex distributed systems.

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Showing results 1-20

All 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 Jun 10, 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 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 June 2026, with employment types broken down into 100% Full Time. Highlights an 92% In-person, 4% Hybrid, and 4% Remote job distribution, with an average salary of $116,884 per year, or $56.2 per hour.
Senior Manager, Cyber Operations Risk Management Operations (Global Security)

Senior Manager, Cyber Operations Risk Management Operations (Global Security)

Royal Bank of Canada

Toronto, ON • On-site

Full-time

Posted 13 days ago

Job description

Job Description

What is the Opportunity?

Reporting to the Senior Director, Cyber Operations Risk Management Operations (RMO), the Senior Manager, of Cyber Operations Risk Management Operations (will provide comprehensive risk management and compliance oversight in support of all the Cyber Operations (CO) internationally. With strong risk management experience and expertise, you will partner closely with stakeholders within the CO team and across the Enterprise to drive effective risk management while ensuring the department meets and successfully delivers on its regulatory, audit, risk, and compliance obligations.

What will you do?

  • Lead and support audit and regulatory engagements.

  • Drive results and hold stakeholders accountable to bring tasks to closure, meeting risk and compliance obligations with high quality deliverables.

  • Provide risk and compliance guidance and advisory services.

  • Support teams throughout the lifecycle of their technical controls.

  • Provide insights and recommendations for control design and implementation.

  • Identify ongoing process improvements, operational gaps, and potential risk remediation steps.

What do you need to succeed?

Must Have:

  • University/College graduate or equivalent.

  • Experience in GRC, Regulatory, Audit, or comparable risk management role.

  • Excellent written and verbal communication skills.

  • Strong stakeholder and relationship management skills.

  • Keen attention to detail with an aptitude for problem-solving, challenging the status quo, and thinking outside the box.

  • Effective time management and organization skills with the ability to multi-task and flexibly adapt to changing priorities.

  • Strong technical writing skills with the ability to distill complex technical details into concise, consumable language.

  • Passionate about IT Risk Management.

Nice to Have:

  • One or more related professional designation such as CRISC, CISA, CISM, CISSP.

  • Strong experience responding to and/or participating in regulatory requests and exams.

  • Institutional knowledge and familiarity with RBC and CNB policies and standards.

RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

  • Leaders who support your development through coaching and managing opportunities

  • Ability to make a difference and lasting impact

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • A world-class training program in financial services

  • Flexible work/life balance options

  • Opportunities to do challenging work

#LI-POST

#TECHPJ

Job Skills

Active Learning, Critical Thinking, Cybersecurity, Cyber Security Management, Detail-Oriented, Information Security, Information Security Management, Information Security Risk, Listening Effectively, Operational Delivery, Operation Risk Management, Operations Support, Problem Management, Process Management, Risk Compliance (Inactive), Risk Management, Security Risk, Threat Management

Additional Job Details

Address:

16 YORK ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-05-26

Application Deadline:

2026-06-12

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME

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