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Financial Risk Manager Jobs in Ontario (NOW HIRING)

Risk Manager (Risk & Analytics)

Mississauga, ON · On-site

CA$95K - CA$129K/yr

Join us, and together, let's create a future of financial empowerment. We're looking for a Risk Manager, Risk & Analytics to join a collaborative and forward‑thinking risk and analytics team that ...

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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 ...

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

In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family ... Business Risk Management & Oversight (30%) * Lead and oversee all Business Risk Management ...

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 ...

Experience using 3rd party systems (e.g., MSCI Risk Manager, BlackRock Aladdin, ORTEC Glass, and/or Bloomberg) is an asset * CFA, FRM, or another financial risk designation (or a willingness to ...

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 ...

LeverageTek is actively seeking an IT Risk Manager for a 6-month contract with its Ottawa-based ... Our roots are in technology, but we are also a proven leader in accounting and finance, sales and ...

Minimum 5 years of experience in risk management, preferably within the security dealer or financial service industry. * Strong knowledge of regulatory requirements and industry standards related to ...

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Showing results 1-20

Financial Risk Manager information

See Ontario salary details

$28.5K

$100.9K

$160.5K

How much do financial risk manager jobs pay per year?

As of Jun 30, 2026, the average yearly pay for financial risk manager in Ontario is $100,900.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $129,000.00 per year, depending on experience, location, and employer.

What are some common challenges Financial Risk Managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

How much does a risk manager get paid?

A financial risk manager's salary varies based on experience, location, and industry, but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher salaries, especially in large financial institutions or major financial centers.

What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What does a finance risk manager do?

A financial risk manager identifies, analyzes, and mitigates potential financial risks that could impact an organization, such as market, credit, or operational risks. They use tools like risk assessment models and financial analysis to develop strategies that protect the company's assets and ensure regulatory compliance. Strong analytical skills, knowledge of financial markets, and relevant certifications like FRM or CFA are often required.

What is the salary of risk manager?

The salary of a Financial Risk Manager at JP Morgan typically ranges from $90,000 to $150,000 annually, depending on experience, location, and certifications such as FRM or CFA. Senior risk managers or those in high-cost areas may earn higher compensation, including bonuses and benefits.

What does a Financial Risk Manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.

Do risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by experience, location, and industry. According to industry reports, median annual salaries range from $80,000 to over $150,000, with senior roles and certifications like FRM or CFA often commanding higher pay. Risk management skills in data analysis and financial modeling are highly valued in this field.
What are popular job titles related to Financial Risk Manager jobs in Ontario? For Financial Risk Manager jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Ontario look for? The top searched job categories for Financial Risk Manager jobs in Ontario are:
What cities in Ontario are hiring for Financial Risk Manager jobs? Cities in Ontario with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Ontario as of June 2026, with employment types broken down into 2% As Needed, 73% Full Time, 23% Part Time, and 2% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $100,900 per year, or $48.5 per hour.

Technology Risk Manager

Fidelity International

Toronto, ON • Hybrid

Full-time

Posted 18 hours ago


Key responsibilities

  • Design, implement, and oversee risk programs to identify and manage technology risks associated with FCC and its suppliers.

  • Establish and oversee a technology controls assurance framework to ensure continuous effectiveness of technology controls.

  • Develop and manage a technology risk metrics program, conduct analysis of data and trends, and provide reporting to senior stakeholders and committees.


Job description

Job Description

You will be working on a flexible hybrid schedule as part of Fidelity's dynamic working arrangement.

The work location for this role is 483 Bay Street in Toronto until approximately late 2026, when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Who We Are

At Fidelity, we've been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we're constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you'll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You'll have a wide range of opportunities to grow and develop your career in an inclusive environment where you'll feel valued and supported to be your best - both personally and expertly.

Business Overview

Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.-based firms. Fidelity Clearing Canada's core values for solution delivery are centered around transparency, leadership, and collaboration.

What You Will Do

Reporting to the Director, Technology Risk, the Technology Risk Manager is responsible for development, implementation and ongoing oversight of the risk programs under the scope of FCC Technology Risk Management. This role also provides risk advisory services and independent challenges to ensure effective risk identification, treatment and transparency. The below responsibilities are the core scope of work required for this role but could be assigned dynamically to the role based on the capacity and priorities, as well as the goals that need to be achieved for FCC business, FCC Technology and FCC Technology Risk.

  • Vendor Risk Oversight - Design, implement and oversee a risk program to effectively identify and manage risks associated with FCC suppliers.
  • Technology Risk Identification and Oversight - Design, implementation, and oversight of technology risk programs to effectively identify and manage FCC technology risks.
  • Technology Risk Controls Assurance - Establish and oversee a technology controls assurance framework to ensure continuous effectiveness of technology controls.
  • Technology Risk Measurements and Reporting - Develop and manage a technology risk metrics program that continuously monitors the key technology risks. Conduct analysis of the data, trends and provide reporting to various senior stakeholders and committees for awareness and decision.
  • Risk Culture Promotion - Proactively advocate the enhancement of risk awareness, risk mindset, and improve risk management skills for FCC Technology Teams to build a robust risk culture.
  • Technology Risk Management Enablement - Identify and drive changes for FCC Technology policies, processes, procedures and systems to ensure effective Technology Risk Oversight.

What We're Looking For

  • Completed University Degree specializing in Computer Science or Cyber Security, or equivalent work experience
  • 5+ years' experience in information technology risk management
  • Understanding of change management, change risk, SDLC, technology ecosystem and systems development and implementation
  • Understanding of cybersecurity
  • Experience with Supplier/3rd Party Risk Management
  • CISSP, CCSP, or CISA or other similar certification is an asset

The Skills You Bring

  • Ability to work in a fast-paced environment to deadlines.
  • Strong analytical skills, problem-solving ability and attention to detail.
  • Effective communication skills, ability to engage with individuals at all levels.
  • Capable of assimilating complex material to identify and discuss complicated concepts.
  • Able to work on own initiative and develop practical solutions under pressure.
  • Good knowledge of technologies, such as networking, cloud and application development.
  • Good knowledge of cyber risk and information security.
  • Knowledge of financial services products, processes, and industry is an asset.
  • Demonstrates client centric behaviors by listening to client needs and ensuring a seamless valuable experience.

Current work authorization for Canada is required for all openings.

Total Rewards That Reflect Your Impact

We believe exceptional work deserves exceptional recognition. That's why we offer a competitive compensation package designed to support your success today-and your financial well-being tomorrow.

For this role, your total rewards include:

  • Base Salary and Discretionary Performance Bonus: A competitive annual range of $139,00 to $158,000, based on your experience and qualifications.
  • RRSP Contribution: After 6 months of employment, we invest in your future with an RRSP contribution-no employee matching required.

We're proud to offer a compensation package that aligns with provincial pay transparency requirements.

This posting represents an existing vacancy within our organization-an opportunity to step into a role where your talents will make a meaningful difference.

We use AI-enabled LinkedIn Hiring Assistant to support parts of our sourcing process. Every hiring decision is reviewed and finalized by our recruiters. If you choose to ask questions to the LinkedIn HR Hiring Assistant, please be mindful that the responses are not official and must be confirmed for accuracy and completeness by Fidelity. If you are selected for an interview, the recruiter who contacts you can best answer your questions.

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Some of the ways we'll help you feel valued and supported as part of our team:

  • Flexible working arrangements - 100% remote, hybrid, and in office options
  • Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
  • Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $5000 annually for mental health services and therapy
  • Parental leave top-up to 100% of your salary for a period of 25 weeks
  • Up to $650 for home office equipment
  • Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
  • Diversity and inclusion programs, including an active network of Employee Resource Groups
  • Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation

We care a lot about fostering a compassionate, people-centric culture, and are proud to have been named one of Canada's Top 100 employers for the last five years.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans' status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at FidelityCanadaStaffing@fidelity.ca.

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

Canada's Top 100 Employers
o Greater Toronto's Top Employers
o Canada's Top Family-Friendly Employers
o Canada's Top Employers for Young People
Great Place To Work Certified
o Best Workplaces for Inclusion
o Best Workplaces for Mental Wellness
o Best Workplaces for Today's Youth
o Best Workplaces for Women
o Best Workplaces in Financial Services & Insurance
o Best Workplaces in Ontario
o Best Workplaces with Most Trusted Executive Teams

LinkedIn Top Companies in Canada
Human Resource Director (HRD) - Best Place To Work
o HRD - 5-Star Benefit Program
o HRD - 5-Star Diversity & Inclusion Employer

Designations
Canadian Compassionate Companies - Certified
Benefits Canada's Workplace Benefits Award - Future of Work Strategy
TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
Canadian HR Reporter's Most Innovative HR Team