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

Reporting to the Manager, Audit & Risk, the Finance Associate will support audit and risk activities critical to the Sun Life Health business. What will you do? * Manage internal and external audits ...

Reporting to the Manager, Audit & Risk, the Finance Associate will support audit and risk activities critical to the Sun Life Health business. What will you do? * Manage internal and external audits ...

... Risk Management teams. We are looking for YOU to make a difference while using the best ... Analyze medical, personal and financial information to evaluate eligibility for applications ...

... Risk Management teams. We are looking for YOU to make a difference while using the best ... Analyze medical, personal and financial information to evaluate eligibility for applications ...

... risk. Mergers & Acquisitions * Build and lead the M&A strategy, including pipeline development ... Strengthen internal controls, revenue recognition, and cash management to support rapid growth.

TD Agriculture Banking provides financial solutions to North American businesses. Our broad range ... Maintains a culture of risk management and control aligned with risk appetite Job Requirements

TD Agriculture Banking provides financial solutions to North American businesses. Our broad range ... Maintains a culture of risk management and control aligned with risk appetite Job Requirements

Develop and implement risk management and business continuity plans to mitigate material ... Strong financial acumen, budget management experience, and a strategic mindset * Proven track ...

Develop and implement risk management and business continuity plans to mitigate material ... Strong financial acumen, budget management experience, and a strategic mindset * Proven track ...

Credit Risk Review Analyst

Waterloo, ON · Hybrid

CA$51K - CA$86K/yr

This role requires the ability to manage multiple priorities concurrently, work independently with ... About Manulife and John Hancock Manulife Financial Corporation is a leading international financial ...

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Showing results 1-20

Financial Risk Manager information

See Waterloo, ON salary details

$26.6K

$94.1K

$149.6K

How much do financial risk manager jobs pay per year?

As of Jun 30, 2026, the average yearly pay for financial risk manager in Waterloo, ON is $94,075.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,528.00 and $120,274.00 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 Waterloo, ON look for? The top searched job categories for Financial Risk Manager jobs in Waterloo, ON are:
What cities near Waterloo, ON are hiring for Financial Risk Manager jobs? Cities near Waterloo, ON with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Waterloo, ON 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 $94,075 per year, or $45.2 per hour.

Finance Associate

Sun Life Financial

Waterloo, ON • Hybrid

Full-time

Medical, Life, Retirement

This job post has expired 1 day ago. Applications are no longer accepted.


Key responsibilities

  • Manage internal and external audits, including report preparation.

  • Coordinate and attend internal control walkthrough meetings with relevant individuals from within the business unit and the external auditors.

  • Coordinate and support the quarterly attestation process.


Sun Life Assurance Company of Canada rating

8.6

Company rating: 8.6 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

76th of 277 rated insurance


Job description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

The Sun Life Health (SLH) business within Sun Life Canada is a leading provider of Group Benefits and Health Solutions. A market leader in the advancement of workplace mental health across Canada, through the introduction of new tools such as Virtual Care and Stress Management and Well-Being program providing members access to mental health and medical specialists 24/7. SLH is seeking a Finance Associate to join its fast-paced and energetic Finance team.
Reporting to the Manager, Audit & Risk, the Finance Associate will support audit and risk activities critical to the Sun Life Health business.

What will you do?

  • Manage internal and external audits, including report preparation.

  • Coordinate and attend internal control walkthrough meetings with relevant individuals from within the business unit and the external auditors.

  • Coordinate and support the quarterly attestation process.

  • Coordinate the write-off process and support reporting.

  • Business continuity planning and disaster recovery.

  • Coordinate access reviews.

  • Support the Financial Controls team as needed.

What do you need to succeed?

  • Bachelor's degree. Major/specialization in accounting, finance, or commerce is preferred.

  • Suitable for a new or recent graduate.

  • Understanding of IFRS and SOX controls preferred.

  • Excellent verbal and written communication, interpersonal and collaboration skills.

  • Self-motivated, results-oriented and flexible to changing priorities and timelines.

  • Proven technical, analytical, and problem-solving skills.

  • Advanced knowledge of Microsoft Office tools, including Word, Excel, Access, and PowerPoint.

  • This role requires Reliability Status Clearance. In addition to a law enforcementinquiry and a credit check, as part of yourapplication, the Government of Canada willask if you lived or travelled outside of Canadafor 6-consecutive months during the last 5years, and you must account for all activitiesduring this time.

What's in it for you?

  • Time off giving you the flexibility to focus on the moments that matter including 15 vacation days per year

  • Flexible Benefits from the day you join to meet the needs of you and your family

  • Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making

  • contributions.

  • The opportunity to move along a variety of career paths with amazing networking potential

  • Flexible hybrid work model

  • Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives

  • A friendly, collaborative, and inclusive culture

  • We're honoured to be recognized as a 2026 Best Workplace in Canada by Great Place to Work Canada

#LI-Hybrid

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to thebrightside@sunlife.com.

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

51,000/51 000 - 80,200/80 200

Job Category:

Finance

Posting End Date:

22/06/2026

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