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Entry Level Risk Analyst Jobs in Ottawa, ON (NOW HIRING)

Business Insights Analyst II

Ottawa, ON · On-site

CA$81K - CA$115K/yr

You would manage evolving fraud threats while taking into consideration TD risk appetite, Customer and operational experience. With strong technical, analytics background you would join the team to ...

Entry Level Risk Analyst information

What is an entry level risk analyst?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

What are some typical challenges faced by entry level risk analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.

What are the key skills and qualifications needed to thrive in the entry level risk analyst position, and why are they important?

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

Are entry level risk analyst jobs in high demand?

Entry level risk analyst jobs are in steady demand across various industries such as finance, insurance, and consulting, driven by the need for organizations to manage financial and operational risks. These roles often require skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software, making them a stable career option for recent graduates.

How hard is it to become an entry level risk analyst?

Becoming an entry level risk analyst typically requires a bachelor's degree in finance, economics, or a related field. Developing skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software can help, but the role generally has a moderate entry barrier with relevant internships or certifications enhancing prospects.

How to become an entry level risk analyst with no experience?

To become an entry level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and basic understanding of risk management principles through online courses or certifications. A bachelor's degree in finance, economics, or a related field is typically required, and internships or volunteer work can help build practical experience. Demonstrating strong analytical abilities and attention to detail can improve your chances of entering the field.

What qualifications do I need to be an entry level risk analyst?

An entry-level risk analyst typically needs a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in Excel and data analysis tools, and knowledge of risk management principles are also important for this role.

What are the most commonly searched types of Risk Analyst jobs in Ottawa, ON?

The most popular types of Risk Analyst jobs in Ottawa, ON are:

What job categories do people searching Entry Level Risk Analyst jobs in Ottawa, ON look for?

The top searched job categories for Entry Level Risk Analyst jobs in Ottawa, ON are:

What cities near Ottawa, ON are hiring for Entry Level Risk Analyst jobs?

Cities near Ottawa, ON with the most Entry Level Risk Analyst job openings:

Infographic showing various Entry Level Risk Analyst job openings in Ottawa, ON as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution.

Business Insights Analyst II

Ottawa, ON • On-site

CA$81K - CA$115K/yr

Full-time

Posted 23 days ago


Job description

Work Location:

Ottawa, Ontario, Canada

Hours:

37.5

Line of Business:

Analytics, Insights, & Artificial Intelligence

Pay Details:

$81,600 - $115,200 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

About this Role
Are you passionate about analytics and working with big data? Want to drive change and become a subject matter expert in fraud management? If so, join the Canadian Fraud Performance Management Team.
You would be responsible for mining big data to discover actionable fraud insights, and to develop and implement fraud strategies in a fast paced environment. You would manage evolving fraud threats while taking into consideration TD risk appetite, Customer and operational experience. With strong technical, analytics background you would join the team to learn and manage 1st and 3rd party fraud.

Accountabilities
Fraud Management

  • Develop and deploy product and channel-specific fraud strategies to reduce fraud risk balancing loss, Customer experience and operational capacity

  • Identify new fraud vectors and optimize existing rules using SQL, Python, and fraud authentication solutions

  • Conduct intra-day and weekly monitoring across products, channels, and risk segments

  • Provide ad-hoc analysis to support decision-making at the executive level

  • Continually optimize, improve, and strengthen fraud strategy and analytics capabilities

  • Independently investigate new, high-risk fraud threats under tight timelines

Job Requirements

  • Advanced proficiency in SQL, Python for data analysis, automation, and reporting

  • 2+ years of hands-on experience in an analytical capacity

  • Motivated to constantly strive to find innovative data-informed ways to enhance capabilities

  • In-depth knowledge of data science tools such as NumPy, pandas, matplotlib or R equivalent

  • Ability to communicate strategy analysis to both technical and non-technical team members

  • Passion and drive to take initiative and work independently under tight timelines

  • Ability to effectively manage multiple work streams and tasks at the same time

  • Undergraduate degree from a technical domain (e.g. computer science, engineering, mathematics, or statistics)

Preferable

  • Experience in fraud management is an asset

  • Machine learning development and deployment is an asset

  • Automation experience is an asset

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.


Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.


Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet