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

Access Management * IT governance reviews * IT Third party risk management. * Business continuity and disaster recovery * Cloud security * Data governance assessments and reviews * ERP controls and ...

Our IT Risk Services team is growing and we are looking for Senior Manager to join our team in Toronto. The Technology Risk Consulting practice provides a variety of services to our clients. The ...

The Senior IT Auditor works closely with business, technology, risk management, compliance, and internal audit stakeholders to identify control gaps, assess technology and cyber risks, and support ...

Our IT Risk Services team in Toronto is looking for a professional like you with the skills and ... Create workflows in Emergency Access Management, update rule sets, and create roles via GRC.

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It Risk Manager information

See Toronto, ON salary details

$43

$64

$94

How much do it risk manager jobs pay per hour?

As of Jul 7, 2026, the average hourly pay for it risk manager in Toronto, ON is $64.23, according to ZipRecruiter salary data. Most workers in this role earn between $52.76 and $71.58 per hour, depending on experience, location, and employer.

What are some common challenges faced by IT Risk Managers when implementing risk mitigation strategies across different departments?

IT Risk Managers often encounter challenges such as varying levels of risk awareness among departments, resistance to new controls or procedures, and balancing business objectives with security requirements. Successful risk mitigation requires clear communication, stakeholder buy-in, and tailored training to ensure all teams understand the importance of compliance. Building strong relationships and fostering a culture of shared responsibility are key to overcoming these hurdles and ensuring effective risk management across the organization.

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

To thrive as an IT Risk Manager, you need a solid understanding of risk assessment, information security, and compliance frameworks, often backed by a bachelor's degree in information technology or related fields. Familiarity with tools such as risk management software, GRC platforms, and certifications like CISSP, CISM, or CRISC is typically required. Strong analytical thinking, communication skills, and the ability to influence stakeholders are crucial soft skills in this role. These skills ensure effective identification, mitigation, and communication of IT risks, supporting organizational resilience and compliance.

What is the highest salary for a risk manager?

The highest salary for an IT Risk Manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like CRISC or CISSP, and working in large organizations or financial institutions. Senior risk managers or those in managerial or executive roles may earn even higher compensation, including bonuses and benefits.

What does an IT Risk Manager do?

An IT Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact an organization's information technology systems and data. They develop and implement risk management strategies, policies, and procedures to protect against cybersecurity threats, data breaches, and compliance violations. IT Risk Managers also work closely with other departments to ensure security best practices are followed and often lead risk assessments, audits, and incident response planning.

Is risk a good career?

A career as an IT Risk Manager is considered stable and in demand, as organizations prioritize cybersecurity and risk mitigation. The role requires strong analytical skills, knowledge of security frameworks, and often certifications like CISSP or CRISC. It offers opportunities for advancement and specialization in a growing field.

What is the difference between It Risk Manager vs Cybersecurity Analyst?

AspectIt Risk ManagerCybersecurity Analyst
CertificationsCRISC, CISSP, CISMCISSP, Security+, CEH
Work EnvironmentOversees risk management strategies across IT systemsMonitors and responds to security threats and incidents
Industry UsageUsed in organizations with complex IT infrastructuresCommon in security-focused roles across industries

The It Risk Manager focuses on identifying and managing IT risks at an organizational level, ensuring compliance and risk mitigation strategies. In contrast, a Cybersecurity Analyst primarily monitors security threats and responds to incidents. While both roles require similar certifications and work within the IT security domain, the It Risk Manager has a broader scope related to risk management policies, whereas the Cybersecurity Analyst concentrates on threat detection and response.

How much does a risk manager get paid?

A risk manager's average salary varies by experience and location but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those with specialized certifications like FRM or CRM can earn higher salaries, especially in large organizations or financial sectors.

What is the role of IT risk manager?

An IT risk manager is responsible for identifying, assessing, and mitigating information technology risks within an organization. They develop security policies, implement controls, and ensure compliance with industry standards to protect digital assets and infrastructure. Strong knowledge of cybersecurity, risk management frameworks, and relevant certifications like CISSP or CISM are often required.
What are popular job titles related to It Risk Manager jobs in Toronto, ON? For It Risk Manager jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching It Risk Manager jobs in Toronto, ON look for? The top searched job categories for It Risk Manager jobs in Toronto, ON are:
What cities near Toronto, ON are hiring for It Risk Manager jobs? Cities near Toronto, ON with the most It Risk Manager job openings:
Infographic showing various It Risk Manager job openings in Toronto, ON as of July 2026, with employment types broken down into 1% As Needed, 64% Full Time, 32% Part Time, and 3% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $133,605 per year, or $64.2 per hour.

Technology Risk Manager

Fidelity International

Toronto, ON • Hybrid

Full-time

Posted 2 hours ago


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.

________________________________________

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