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

Overview As the Risk Manager (for a domestic new nuclear opportunity) you oversee and execute the ... health, wellbeing, financial and lifestyle needs. Make the most of diverse opportunities for ...

As Risk Manager in the Counterparty Credit Risk Analysis and Measurement team, you are responsible ... Master's degree in a relevant subject such as Finance, Economics, or other quantitative discipline.

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 forwardthinking risk and analytics team that ...

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 ...

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 ...

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Financial Risk Manager information

See Toronto, ON salary details

$27.2K

$96.3K

$153.2K

How much do financial risk manager jobs pay per year?

As of Jun 30, 2026, the average yearly pay for financial risk manager in Toronto, ON is $96,293.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,143.00 and $123,109.00 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 job categories do people searching Financial Risk Manager jobs in Toronto, ON look for? The top searched job categories for Financial Risk Manager jobs in Toronto, ON are:
What cities near Toronto, ON are hiring for Financial Risk Manager jobs? Cities near Toronto, ON with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Toronto, ON as of June 2026, with employment types broken down into 2% As Needed, 65% Full Time, 31% Part Time, and 2% Contract. Highlights an 86% Physical, 6% Hybrid, and 8% Remote job distribution, with an average salary of $96,293 per year, or $46.3 per hour.
Financial Risk Management Senior Associate

Financial Risk Management Senior Associate

PwC

Toronto, ON • On-site

CA$73K - CA$122K/yr

Full-time

Posted 5 days ago


PwC rating

8.3

Company rating: 8.3 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

21st of 58 rated business consultants


Job description

Line of Service

Assurance

Industry/Sector

Not Applicable

Specialism

Financial Risk

Management Level

Senior Associate

Job Description & Summary

A career in our Financial Services Risk & Regulatory - Financial Risk Management practice will provide you with the opportunity to contribute to a variety of consulting and assurance services to design solutions that address our clients' complex accounting and financial reporting challenges, as well as solving their broader business issues, including but not limited to hedging, risk management governance and strategies, capital market transactions and regulatory requirements.
Our team helps clients solve business issues and financial risks arising in the course of business activities. Our agile team is continuously growing and facing new exciting opportunities across multiple industries. You will work as part of a team of problem solvers and develop technical skills in complex accounting, treasury, risk management, capital markets products and regulatory requirements.

The Opportunity:

As a Financial Risk Management Senior Associate, unlock your potential and embrace the chance to drive meaningful outcomesthat'llelevate your career. Your role will include, butisn'tlimited to:

  • Provideaccounting advice related to IFRSand US GAAP, including but not limited to hedge accounting,andcomplex financialinstruments,accountingassessmentand valuation.

  • Assistinaudit support assignmentsand consulting engagementsfor key clients in complex areas, such as hedging,financial instrument valuation,debt and capital transactions and derivative transactions.

  • Evaluate,developoradviseon risk management frameworks,policies, procedures, controls, toolsand solutions for all key financial risksand non-financial risks.

  • Executeconsultingassignments relating totreasury andrisk management strategies, organizational leadingpracticesandtreasury process improvements (design and implementation).

  • Treasuryand risk management controlframework design and implementation (including support of ourclients'internal audit on treasury projects).

  • Develop andmaintainproductive relationships both internally and externally.

  • Assistin the development of GenAI solutions to transform the delivery of these services.

  • Thisrole also offers valuable exposure to a diverse range of client industries, including mining, energy, and manufacturing, allowing you to broaden yourexpertiseand deepen your understanding of sector-specific challenges.

What You'll Bring:
Your skills, knowledge, and experiences are what set you apart.Here'swhat we look for:

  • Workingexperience with IFRS and/or US GAAP.

  • CPA (or working towards CPA designation) isrequired.

  • Ability to research accounting topics using diverse sources and applythem practically.

  • Advanced analytical, problem-solvingand multitasking/ project management skills.

  • Ability to work effectively in a fast-paced and dynamic environmentwhilemaintaininghigh quality and attention to detail.

  • Excellent oral and written communication skills.

  • Knowledge of financial markets capitalmarketsproducts,valuation,derivativesandtreasury is preferred.

  • Experience in risk management, treasury, financialservicesand/or regulatory compliance is a plus.

  • CFA, FRM, CBVordegree in Finance or Accounting is a plus

This position ensures continuity and upholds our standards of excellence following the departure of a valued team member.

The salary range for this position is $73,400 - $122,400. The posted salary range represents the expected hiring range for PwC locations in major city centres. Given our national recruiting approach, ranges may vary for positions in other locations. At PwC Canada, base salary is determined by your skills, experience, qualifications and work location. In addition to base salary, eligible employees may have opportunities to participate in variable incentive pay programs which are designed to reward individual and firm-wide achievements. We are committed to offering competitive compensation and adhere to all relevant pay transparency legislation. During the hiring process, our Talent Acquisition team will provide details about our comprehensive total rewards package.

Whyyou'lllove PwC

We'reinspiring and empowering our people to change the world. Powered by the latest technology,you'llbe a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at:https://jobs-ca.pwc.com/ca/en/life-at-pwc

PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations,Metisand Inuit Peoples. We recognize the systemic racism,colonialismand oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity.

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required:Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, AI Interaction, Alteryx (Automation Platform), Analytical Thinking, Asset Valuation, Balance Sheet Analysis, Business Valuations, Business Value Analysis, Capital Modeling, Communication, Corporate Finance, Creativity, Deal Structures, Derivative Valuation, Disputed / Distressed Valuation, Embracing Change, Emotional Regulation, Empathy, Financial Advising, Financial Literacy, Financial Modeling, Financial Need Analysis, Financial Regulation {+ 37 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

We're committed to providing accommodation throughout the application, interview, and employment process. If you require accommodation to be at your best, please let us know during the application process.The use of artificial intelligence (AI) in recruiting is just getting started, so we know you have questions about how and why we use it. At certain points during our recruiting process, we rely on AI to improve your experience. This could be during resume review or curating personalized job recommendations, asking you clarifying questions via a chatbot or during our interview scheduling to improve your experience. Our use of AI helps ensure we combat bias by evaluating candidates equally and fairly, without seeing identity information, such as your name, or gender for example). AI also helps us better predict successful hires by reviewing all applicants for a role and the relationship between your skills, experience and likely success at PwC Canada. While AI supports parts of our recruitment process, final hiring decisions always involve human review. For more information about our use and protection of your data, please refer to our Privacy Policy (https://www.pwc.com/ca/en/privacy-policy.html).Nous tenons a repondre a vos besoins tout au long du processus de demande d'emploi, d'entrevue et d'embauche. Si vous avez besoin de mesures d'adaptation pour etre parfaitement a l'aise, faites-le-nous savoir a l'etape de la demande d'emploi.L'utilisation de l'intelligence artificielle (IA) dans le domaine du recrutement en est a ses balbutiements. Nous savons que vous pourriez vous demander comment et pourquoi nous y avons recours. A certains stades de notre processus de recrutement, nous comptons sur l'IA pour ameliorer votre experience. Par exemple, pendant l'examen du curriculum vit ou l'elaboration d'une liste de recommandations personnalisees, un agent conversationnel pourrait vous demander des precisions ou fixer avec vous un rendez-vous pour l'entrevue. L'IA nous aide a mieux lutter contre les prejuges, car l'evaluation des candidats se fait de facon juste et equitable, sans que les informations d'identification comme le nom ou le sexe soient connues. Elle nous permet egalement de mieux reperer les bons candidats pour un poste et d'evaluer le lien entre leurs competences, leur experience et leurs chances de reussir chez PwC Canada. Bien que l'IA facilite certaines etapes de notre processus de recrutement, les decisions finales d'embauche sont toujours prises par des personnes. Pour en savoir plus sur l'utilisation et la protection de vos donnees personnelles, consultez notre politique sur la protection des renseignements confidentiels (https://www.pwc.com/ca/fr/privacy-policy.html).

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