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

Agile, Scrum Master, change management, or risk management certifications are desirable Benefits At King Edward VII's Hospital, we want to reward our staff for the amazing job that they do. As part ...

Agile, Scrum Master, change management, or risk management certifications are desirable Benefits At King Edward VII's Hospital, we want to reward our staff for the amazing job that they do. As part ...

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Hospital Risk Manager information

See Toronto, ON salary details

$24.3K

$95.1K

$139.8K

How much do hospital risk manager jobs pay per year?

As of Jun 15, 2026, the average yearly pay for hospital risk manager in Toronto, ON is $95,119.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,575.00 and $118,815.00 per year, depending on experience, location, and employer.

What does a risk manager do in a hospital?

A hospital risk manager is responsible for identifying, assessing, and mitigating risks that could harm patients, staff, or the organization. They develop safety protocols, ensure compliance with regulations, and analyze incident reports to prevent future issues, often using data analysis and risk management tools. Certification such as the Certified Professional in Healthcare Risk Management (CPHRM) is commonly required.

What are hospital risk managers and what do they do?

Hospital risk managers are professionals responsible for identifying, assessing, and minimizing risks within healthcare facilities to ensure patient safety and protect the hospital from legal and financial liabilities. They analyze incidents, develop policies and procedures, conduct staff training, and collaborate with other departments to address potential risks. Their work helps maintain compliance with regulations, improve patient care quality, and reduce the likelihood of lawsuits or costly errors.

How to become a hospital risk manager?

To become a hospital risk manager, individuals typically need a bachelor's degree in healthcare administration, nursing, or a related field, along with experience in healthcare or risk management. Many pursue certifications such as the Certified Professional in Healthcare Risk Management (CPHRM) to enhance their qualifications. Strong analytical, communication, and problem-solving skills are essential in this role.

What is the highest salary for a risk manager?

Hospital risk managers can earn salaries up to $130,000 or higher annually, especially with extensive experience, advanced certifications, and working in large healthcare facilities. Top earners often have specialized skills in compliance, patient safety, and risk assessment, and may receive bonuses or other benefits.

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

To thrive as a Hospital Risk Manager, you need a solid understanding of healthcare regulations, risk assessment, and compliance, typically supported by a degree in healthcare administration or a related field and relevant experience. Familiarity with risk management software, incident reporting systems, and certifications like Certified Professional in Healthcare Risk Management (CPHRM) are commonly required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for this role. These competencies are essential for identifying potential risks, ensuring regulatory compliance, and promoting patient and staff safety in a complex healthcare environment.

What are some of the common challenges faced by Hospital Risk Managers on a day-to-day basis?

Hospital Risk Managers often face the challenge of balancing regulatory compliance with patient care needs. They must stay updated on constantly changing healthcare laws and accreditation standards, while also working with clinical and administrative teams to identify and mitigate risks. Coordinating incident investigations and implementing effective risk-reduction strategies requires strong communication and analytical skills. Additionally, managing multiple priorities such as data analysis, staff training, and reporting can be demanding, but these tasks are crucial to maintaining a safe hospital environment.

What is the difference between Hospital Risk Manager vs Hospital Safety Coordinator?

AspectHospital Risk ManagerHospital Safety Coordinator
CertificationsRisk Management Certification, CPR, OSHA trainingOSHA training, Safety certifications
Work EnvironmentAdministrative, strategic planning, policy developmentOn-site safety inspections, staff training
Employer & Industry UsageHospitals, healthcare organizationsHospitals, clinics, healthcare facilities

The Hospital Risk Manager focuses on identifying and mitigating risks across the hospital, including legal and financial risks, while the Hospital Safety Coordinator concentrates on maintaining a safe environment through inspections and safety protocols. Both roles require safety-related certifications and work within healthcare settings, but their primary responsibilities differ in scope and focus.

How much does healthcare risk management make?

Healthcare risk managers typically earn a median annual salary of around $75,000 to $100,000, depending on experience, location, and the size of the healthcare facility. Senior or specialized risk managers can earn over $120,000 annually, especially with certifications like the Certified Professional in Healthcare Risk Management (CPHRM).
What job categories do people searching Hospital Risk Manager jobs in Toronto, ON look for? The top searched job categories for Hospital Risk Manager jobs in Toronto, ON are:
Infographic showing various Hospital Risk Manager job openings in Toronto, ON as of June 2026, with employment types broken down into 87% Full Time, 4% Part Time, and 9% Contract. Highlights an 90% In-person, 6% Hybrid, and 4% Remote job distribution, with an average salary of $95,119 per year, or $45.7 per hour.

Senior Project Manager - Audit Remediation & Governance - SPM 0603 RD#01

NavitasPartners

Brampton, ON

CA$30/hr

Full-time

Posted 12 days ago


Job description

Job Title: Senior Project Manager โ€“ Audit Remediation & Governance
Location: Greater Toronto Area (GTA), Canada

Note: "Candidates must have prior experience in regulated Banking or Financial Services environments (non-negotiable)"


Position Overview

We are seeking a highly experienced Senior Project Manager to lead a critical audit remediation and governance program within a regulated Financial Services environment. This role will focus on closing high-severity internal audit findings and establishing a robust governance framework across a complex, federated technology landscape.

The ideal candidate brings deep Financial Services Industry (FSI) experience, strong stakeholder management skills, and a proven track record in audit, risk, and regulatory-driven initiatives.


Key ResponsibilitiesAudit Remediation Leadership
  • Lead end-to-end remediation of high-severity internal audit findings
  • Drive closure of audit issues across a federated patching program involving 30+ teams and 50+ asset classes
  • Ensure alignment with internal audit, operational risk management (ORM), and compliance standards
Governance Program Development
  • Establish and operationalize a net-new governance function from the ground up
  • Define governance frameworks, processes, controls, and reporting structures
  • Implement sustainable processes for patching oversight, compliance tracking, and risk mitigation
Stakeholder Management
  • Engage directly with senior stakeholders including Internal Audit, ORM, and CIO-level leadership
  • Facilitate governance forums, steering committees, and executive reporting
  • Act as a key liaison between technology teams, risk functions, and business leadership
Program & Delivery Management
  • Manage cross-functional delivery across multiple teams in a highly matrixed environment
  • Track milestones, risks, dependencies, and remediation progress
  • Ensure timely delivery of program objectives with strong attention to regulatory compliance

Required Qualifications
  • Minimum 8+ years of Project/Program Management experience
  • Mandatory experience within Banking or regulated Financial Services environments
  • Proven experience leading audit remediation and governance initiatives
  • Strong understanding of patch management, risk frameworks, and control environments
  • Demonstrated ability to manage large-scale, cross-functional programs

Preferred Qualifications
  • PMP (Project Management Professional) certification or equivalent
  • Experience working with Internal Audit and Operational Risk Management functions
  • Familiarity with regulatory expectations and compliance frameworks in financial services
  • Experience building governance functions or frameworks from scratch

Key Competencies
  • Strong leadership and stakeholder management skills
  • Excellent communication and executive presentation abilities
  • Analytical mindset with strong problem-solving capabilities
  • Ability to operate effectively in complex, fast-paced environments

Additional Requirements
  • Candidates must have prior experience in regulated Banking or Financial Services environments (non-negotiable)
  • Ability to work onsite or in a hybrid model within the GTA region (as required)

For more details reach at resumes@navitassols.com.

About Navitas Partners, LLC: It is a certified WBENC and one of the fastest-growing healthcare staffing firms in the US providing Medical, Clinical and Non-Clinical services to numerous hospitals. We offer the most competitive pay for every position we cater. We understand this is a partnership. You will not be blindsided, and your salary will be discussed upfront.