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Financial Risk Management Jobs in Ontario (NOW HIRING)

Bridgewater Bank

From operational and non-financial risk to emerging areas like cyber, third-party, and conduct risk ... You bring deep expertise in risk management, including operational and non-financial risks. * Y ...

Deloitte

Manager, Risk and Contract Management

Toronto, ON · Hybrid

CA$85K - CA$156K/yr

This position is not a risk policy or financial risk role. Candidates seeking opportunities specifically in risk policy or financial risk management are encouraged to consider other relevant ...

Lloyd's

Proven experience operating within or alongside risk management frameworks, processes, or oversight functions. * Experience contributing to risk reporting, stress & scenario testing, or financial ...

PwC

Credit Risk Modelling Senior Associate

Toronto, ON · Hybrid

CA$73K - CA$122K/yr

Line of Service Assurance Industry/Sector Not Applicable Specialism Financial Risk Management Level Senior Associate & Summary A career in our Financial Services Risk & Regulatory Group - Financial ...

Equiton

Director, Risk Management

Burlington, ON · On-site

... financial services. * Strong knowledge of enterprise risk management and operational risk ... frameworks, with the ability to apply them pragmatically in a changing business environment.

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All JobsFinancial Risk Management JobsFinancial Risk Management Jobs in Ontario

Financial Risk Management information

See Ontario salary details

$28K

$95.6K

$171K

How much do financial risk management jobs pay per year?

As of Jun 25, 2026, the average yearly pay for financial risk management in Ontario is $95,576.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,000.00 and $119,000.00 per year, depending on experience, location, and employer.

What is a Financial Risk Management job?

A Financial Risk Management job involves identifying, assessing, and mitigating risks that could impact a company's financial health. Professionals in this field analyze market trends, credit risks, and operational risks to develop strategies that protect assets and profitability. They use financial modeling, risk assessment tools, and regulatory guidelines to ensure compliance and minimize potential losses. Common roles include risk analysts, credit risk managers, and compliance officers in industries like banking, insurance, and investment firms.

How much does a risk manager get paid?

A risk manager's salary varies based on experience, industry, and location, but typically ranges from $70,000 to $150,000 annually. Senior risk managers or those in financial hubs can earn higher salaries, especially with certifications like FRM or CFA and strong analytical skills.

What are the typical career advancement opportunities for someone in Financial Risk Management?

Professionals in Financial Risk Management often start as analysts or associates and can progress to roles such as Risk Manager, Senior Risk Analyst, or Director of Risk Management with experience and proven expertise. Career advancement typically involves taking on greater responsibility for complex risk analysis, decision-making, and leading teams or projects. Earning specialized certifications and gaining exposure to different risk disciplines (such as market risk, credit risk, or operational risk) can also accelerate career growth. Many organizations provide opportunities for cross-functional collaboration, which helps develop leadership and strategic planning skills important for moving into executive-level positions.

What are the key skills and qualifications needed to thrive in the Financial Risk Management position, and why are they important?

To thrive in Financial Risk Management, you need a strong analytical background, proficiency in financial modeling, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analytics tools like Excel or SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly valued. Excellent problem-solving skills, attention to detail, and strong communication abilities help professionals effectively present risks and collaborate with stakeholders. These competencies are crucial for accurately identifying, analyzing, and mitigating financial risks to support an organization's financial health.

Is risk management high paying?

Risk management professionals, including those in financial risk management, often earn competitive salaries that increase with experience, certifications, and industry sector. Entry-level roles may have moderate pay, but senior positions such as risk managers or directors typically offer high compensation, especially in finance and banking industries. Skills in data analysis, quantitative methods, and regulatory knowledge can also influence earning potential.

What is a financial risk management job?

A financial risk management job involves identifying, analyzing, and mitigating financial risks that could impact an organization’s assets or earnings. Professionals in this field use tools like risk assessment models, financial analysis, and regulatory knowledge to develop strategies that minimize potential losses and ensure financial stability.
What are the most commonly searched types of Financial Risk Management jobs in Ontario? The most popular types of Financial Risk Management jobs in Ontario are:
What are popular job titles related to Financial Risk Management jobs in Ontario? For Financial Risk Management jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Financial Risk Management jobs in Ontario look for? The top searched job categories for Financial Risk Management jobs in Ontario are:
Financial Risk Management jobs near you
Infographic showing various Financial Risk Management job openings in Ontario as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $95,576 per year, or $46 per hour.
Director, Non Financial Risk Technology

Director, Non Financial Risk Technology

Scotiabank

Toronto, ON

Other

Posted 6 days ago

Job description

Requisition ID: 259185 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Director, Non Financial Risk Technology is accountable for defining and delivering the Bank's technology strategy across the non financial risk domain. The role owns the end to end oversight of non financial risk technology capabilities, ensuring that both current state processes and future state solutions are effective, scalable, resilient, and aligned with regulatory expectations.

While the enterprise Governance, Risk & Compliance (eGRC) program represents the most significant initiative under this mandate, the role also oversees adjacent non financial risk processes and technologies, including Risk & Control Self Assessment (RCSA), New Initiative Risk Assessment (NIRA), Issue Management. Until these capabilities are fully migrated to the enterprise non financial risk management system, the Director is accountable for ensuring they are fit for purpose, efficient, well controlled, and continuously enhanced.

This role partners closely with Enterprise Risk, Technology Platform teams, Architecture, Data, and external partners to drive strategic change, platform convergence, and transformation of the non financial risk technology landscape.


Is this role right for you? In this role, you will:  
1. Strategy, Vision & Transformation Leadership

  • Act as the Technology leader to deliver the multi year transformation roadmap for the eGRC program.
  • Assess the current non financial risk technology landscape, including platforms, architecture, data, delivery practices, and operating model.
  • Identify strategic gaps and opportunities for simplification, modernization, scalability, and operational resilience.
  • Define and communicate a clear north star vision and target state architecture aligned with non financial risk strategy and evolving regulatory expectations.
  • Act as a change leader, challenging legacy approaches and driving adoption of strategic change internally and with external partners.

2. Non Financial Risk Technology Delivery & Oversight

  • Lead the technology delivery and evolution of the enterprise non financial risk management system, including governance, risk, controls, issues management, and related capabilities.
  • Provide oversight of critical non financial risk processes and enabling technologies, including: Risk & Control Self Assessment (RCSA), New Initiative Risk Assessment (NIRA), Issue Management.
  • Ensure current state processes are effective, scalable, and well controlled while preparing them for eventual migration into the enterprise risk platform.
  • Drive delivery excellence across multiple workstreams, ensuring execution quality, architectural consistency, and alignment to enterprise risk objectives.

3. Architecture, Platforms & Integration

  • Own technology decision making for non financial risk platforms, including architecture standards, data models, configuration principles, and integration patterns.
  • Ensure alignment with enterprise platform and data strategies, and manage dependencies across upstream and downstream systems.
  • Balance out of the box platform capabilities with necessary extensions, clearly articulating trade offs and escalation paths where deviations are required.
  • Partner with Architecture and Platform teams to drive convergence toward a simplified, integrated non financial risk ecosystem.

4. Stakeholder Engagement & Governance

  • Act as the primary Technology partner to Enterprise Risk, Operational Risk, Compliance, Audit, and Operational Resilience stakeholders.
  • Represent Technology leadership within non financial risk governance forums and steering committees.
  • Provide transparency on delivery progress, architectural direction, risks, and mitigation strategies to senior Technology and Risk leadership.


5. Vendor & Partner Management

  • Lead engagement with system integrators and technology vendors supporting non financial risk initiatives.
  • Guide RFP and vendor selection processes, including scope definition, sequencing, cost control, and delivery governance.
  • Ensure effective knowledge transfer, long term sustainability, and reduced reliance on external partners.


6. Data, Controls & Operational Readiness

  • Oversee the integrity of non financial risk data, taxonomies, risk and control libraries, and reference data.
  • Establish governance for configuration management, access controls, data quality, and ongoing platform sustainment.
  • Support transition to steady state operations, including operating model design, training, and BAU readiness.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:  

  • 10+ years of experience in technology leadership roles, ideally within risk, compliance, or enterprise workflow platforms.
  • Strong understanding of non financial risk management frameworks, including Risk, Controls, Issue Management,..etc
  • Demonstrated experience leading large scale, multi year technology transformations in complex, regulated environments.
  • Proven ability to influence senior stakeholders across Technology and Risk organizations.
  • Strong working knowledge of non financial risk management systems, such as ServiceNow IRM or equivalent platforms. Certifications in these tools are considered a plus.
  • Experience with regulatory driven programs involving governance, controls, and auditability.
  • Familiarity with enterprise architecture, data governance, or platform engineering practices.

What's in it for you?

  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development
  • Internal training to support your growth and enhance your skills.
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success!
  • The tools needed to create best-in-class student candidate experiences.

Location(s):  Canada : Ontario : Toronto 
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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