1

Financial Risk Manager Jobs in Oshawa, ON (NOW HIRING)

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists ... Familiar with financial products and services * Strong communication skills, both verbal and ...

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 ...

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security ... Location : hybrid Fraud Risk Management (FRM) plays a critical role in protecting Sun Life, its ...

New

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security ... Location : hybrid Fraud Risk Management (FRM) plays a critical role in protecting Sun Life, its ...

New

Manager, Risk Appetite

Toronto, ON · On-site

CA$69K - CA$129K/yr

Strong understanding of Risk Management and Risk Governance at large, complex financial institutions, including the Risk Management Lifecycle and key risks including credit, market, operational ...

... programs and audit risk assessments are completed accordingly * Manage the ongoing audit ... TD is one of the world's leading global financial institutions and is the fifth largest bank in ...

Showing results 21-40

Financial Risk Manager information

See Oshawa, ON salary details

$26.9K

$95.3K

$151.5K

How much do financial risk manager jobs pay per year?

As of Aug 14, 2026, the average yearly pay for financial risk manager in Oshawa, ON is $95,269.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,398.00 and $121,801.00 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.

Is it hard to become a financial risk manager?

Becoming a financial risk manager typically requires a strong background in finance, economics, or related fields, along with relevant certifications such as the Financial Risk Manager (FRM) designation. The role often demands analytical skills, experience with risk assessment tools, and a good understanding of financial markets, making it a challenging but attainable career path for those with the right education and skills.

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.

What are the key skills and qualifications needed to thrive as a financial risk manager?

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.

Do financial risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, median annual salaries often range from $80,000 to over $150,000, with higher earnings possible for senior roles and those with professional certifications like FRM or CFA.

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.

Is risk management in finance a good career?

A career as a financial risk manager involves analyzing and mitigating financial risks for organizations, often requiring strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. It offers opportunities in banking, investment firms, and corporations, with a focus on quantitative analysis and regulatory compliance, and typically involves a demanding schedule with high responsibility.

What job categories do people searching Financial Risk Manager jobs in Oshawa, ON look for?

The top searched job categories for Financial Risk Manager jobs in Oshawa, ON are:

What cities near Oshawa, ON are hiring for Financial Risk Manager jobs?

Cities near Oshawa, ON with the most Financial Risk Manager job openings:

Infographic showing various Financial Risk Manager job openings in Oshawa, ON as of August 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $95,269 per year, or $45.8 per hour.

CA$56K - CA$103K/yr

Full-time

Medical, Life, Retirement

Posted 8 days ago


Job description

Application Deadline:

08/19/2026

Address:

250 Yonge Street

Job Family Group:

Business Management

In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in alignment with the Bank's Risk Management Framework and approved Risk Appetite.

  • Management of risk stakeholder program execution and interaction with Third Party Risk Specialists/Supplier Managers to manage and pursue completion of past due programs with escalation, as applicable.

  • Responsible for providing training and education to the Global Third-Party Risk Management team consisting of changes in the risk tool, team procedures, and regulatory changes, as applicable.

  • Develop and maintain documentation for the Global Third-Party Risk Management Team including but not limited to operating environment changes or regulations including obtaining approvals

  • Assist with audit and exam preparation and follow-up

  • Investigation of second line of defense effective challenge inquiries

  • Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to

  • Supports the execution of strategic initiatives in collaboration with internal stakeholders.

  • Build awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including creating presentations, to promote a culture of risk identification and management

  • Contributes to a strong risk culture through collaboration with 1LOD, and engagement with Second Line of Defense (2LOD), Corporate Audit (3LOD), to ensure risks related to products, services, and processes are identified, assessed, measured and managed within the approved risk appetite, and reported on an ongoing basis.

Qualifications:

  • Between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

  • In-depth knowledge of Third-Party Risk Management practices and methodologies

  • Experience with segmenting, analyzing, and reporting risk related data.

  • Strong analytical skills to gather relevant information, compare and identify trends, develop conclusions with well-supported recommendations.

  • Experience with compiling and validating materials for updates at senior level forums and/or committees

  • Familiar with financial products and services

  • Strong communication skills, both verbal and written.

  • Ability to build and foster stakeholder relationships.

  • Excellent analytical and problem-solving skills, with an eye for detail.

  • Strong proficiency with PowerBI, PowerPoint, Excel, and SharePoint.

  • Ability to multitask and work independently

Salary:

$56,000.00 - $103,500.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.