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Financial Risk Consultant Jobs in Ontario (NOW HIRING)

Risk Control Consultant

Mississauga, ON · Hybrid

CA$78K - CA$98K/yr

Regular As the Risk Control Consultant your role is to conduct surveys on commercial property and ... financial services. Follow us on Instagram ! @beneva.ca

Familiarity with Sun Life Financial Risk Management Framework and Policy Framework an asset Preferred skills: * Experience in support of a fast-paced complex environment, GRC or a similar discipline ...

Familiarity with Sun Life Financial Risk Management Framework and Policy Framework an asset Preferred skills: * Experience in support of a fast-paced complex environment, GRC or a similar discipline ...

Familiarity with Sun Life Financial Risk Management Framework and Policy Framework an asset Preferred skills: * Experience in support of a fast-paced complex environment, GRC or a similar discipline ...

Familiarity with Sun Life Financial Risk Management Framework and Policy Framework an asset Preferred skills: * Experience in support of a fast-paced complex environment, GRC or a similar discipline ...

Director of Finance

Toronto, ON · On-site

$150 - $160/hr

... risk management. The ideal candidate brings a strong foundation in financial leadership within consulting services or IT-driven business and thrives in a fast-paced, growth-oriented setting ...

Showing results 21-40

Financial Risk Consultant information

See Ontario salary details

$27.5K

$105.3K

$176K

How much do financial risk consultant jobs pay per year?

As of Aug 10, 2026, the average yearly pay for financial risk consultant in Ontario is $105,294.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $125,500.00 per year, depending on experience, location, and employer.

What is the difference between Financial Risk Consultant vs Financial Analyst?

AspectFinancial Risk ConsultantFinancial Analyst
Primary FocusAssessing and managing financial risks for clients or organizationsAnalyzing financial data to guide investment and business decisions
CertificationsFRM, CFA often preferredCFA, CPA often preferred
Work EnvironmentConsulting firms, financial institutions, corporate risk departmentsInvestment firms, banks, corporate finance departments

While both roles require strong financial knowledge and certifications like CFA, the Financial Risk Consultant primarily focuses on identifying and mitigating risks, whereas the Financial Analyst concentrates on analyzing data to inform investment decisions. Their work environments often overlap but serve different core functions within the financial industry.

Does risk consulting pay well?

Risk consulting for financial risk consultants typically offers competitive salaries that vary based on experience, location, and certifications such as FRM or CFA. Entry-level positions may start lower, but experienced consultants with specialized skills can earn high compensation, often including bonuses and benefits. Overall, it is considered a well-paying field within the consulting and finance industries.

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

To thrive as a Financial Risk Consultant, you need strong analytical skills, a solid understanding of finance and risk management, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analysis tools like Excel and SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly beneficial. Outstanding communication, problem-solving abilities, and attention to detail help you explain complex risks and collaborate effectively with clients and stakeholders. These skills are crucial for accurately identifying, evaluating, and mitigating financial risks to protect clients’ assets and ensure regulatory compliance.

What are some common challenges a financial risk consultant faces when working with clients across different industries?

Financial Risk Consultants often encounter the challenge of adapting their risk assessment frameworks to fit the unique regulatory environments, operational structures, and risk appetites of clients from diverse industries. Each sector—such as banking, insurance, or manufacturing—has distinct compliance requirements and market dynamics, requiring consultants to quickly learn and tailor their strategies accordingly. Additionally, consultants must communicate complex risk concepts in a way that is understandable and actionable for stakeholders who may not have a deep financial background. Building trust and maintaining clear communication are key to overcoming these challenges and delivering effective risk mitigation solutions.

What is a financial risk consultant?

A financial risk consultant is a professional who analyzes and assesses financial risks faced by organizations, helping them develop strategies to mitigate potential losses. They often use financial modeling, risk management tools, and industry regulations to advise clients on minimizing exposure to market, credit, or operational risks.
Infographic showing various Financial Risk Consultant job openings in Ontario as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $105,294 per year, or $50.6 per hour.

Risk Control Consultant

Beneva

Mississauga, ON • Hybrid

CA$78K - CA$98K/yr

Full-time

Retirement, PTO

Re-posted 23 days ago


Job description

Official Internal Job Title:

Prevention Advisor

Status:

Regular

Job Description:

As the Risk Control Consultant your role is to conduct surveys on commercial property and liability risks as well as commercial auto fleet risks. You will be required to assess various properties on behalf of Unica Insurance and provide loss prevention recommendations to reduce the frequency and severity of losses. You will also be responsible for building and maintaining a collaborative relationship with the Leadership and Underwriters in the Commercial Insurance department and the Claims department.

Vacancy: 1 Permanent
Salary Range: $78,874 - $98,592/year *This represents the expected hiring range and may not represent the full pay range for the position. The salary offered may be higher than the posted range depending on several factors such as relevant skills, qualifications, and experience.
What We Offer

  • Award winning culture
  • Flexible hybrid working conditions (1 day in the office per week)
  • Group Benefits from first day
  • Defined Benefits pension plan
  • Generous time off benefits
  • Growth opportunities

Responsibilities:

  • Assess commercial property and commercial auto risks to identify and evaluate exposures
  • Evaluate operational and safety practices including exposures and hazards
  • Communicate exposures, loss information, recommendations and opinion of risk to assist the underwriting department
  • Travel to insured's properties to complete risk assessments
  • While touring the properties, take photographs, measure rooms and the structure, inspect features such as fire prevention systems, heating equipment, and fuel storage tanks
  • Submit reports in a narrative format to the underwriting department
  • Adhere to customer requirements and quality standards
  • Develop presentations and seminars relating to property and liability risk mitigation as well as fleet risk management
  • Maintain confidentiality and act with integrity

Qualifications:

  • Minimum 5 years of property and commercial auto risk control experience
  • General knowledge of property, commercial general liability and auto insurance
  • University/College degree
  • CIP obtained
  • CRM/FCIP is an asset
  • Ability to observe and evaluate potentially hazardous conditions and make recommendations
  • Background in construction, safety, fire safety and risk services
  • Basic knowledge and education in safety inspections on commercial or residential properties is required
  • Be familiar with and have the ability to interpret building codes and related standards
  • Valid Driver's license

Interested in a career in a company where collaboration and diversity of expertise are at the forefront? Join our team of over 5,000 caring employees!

#LI-ENG

#LI-Hybrid

Beneva is an equal opportunity employer, so we encourage all Women, persons with disabilities, Indigenous people as well as visible and ethnic minorities to apply.

Purpose : True to its purpose, Beneva places people at the heart of its actions and contributes to the well-being of the community. It accompanies its clients in all stages of their lives, both for their insurance and for their financial services.

Follow us on Instagram !

@beneva.ca