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Managing Director Risk Management Jobs in Calgary, AB

Line of Service Assurance Industry/Sector Not Applicable Specialism Conduct and Compliance Management Level Director & Summary As a Director in PMO / Project Management Managed Services Team, you ...

Role Overview Risk management at this company is not a brake on growth -- it is the engine that ... Direct report to the CEO. * Immigration Support: Full LMIA and PNP employer sponsorship for top ...

Role Overview Risk management at this company is not a brake on growth -- it is the engine that ... Direct report to the CEO. * Immigration Support: Full LMIA and PNP employer sponsorship for top ...

Senior Risk Assessor

Calgary, AB · On-site

CA$104K - CA$138K/yr

As a Senior Risk Assessor, you will play a key role in strengthening WSP's risk management practice across Canada. You will guide clients through complex challenges, deliver highimpact assessments ...

Senior Risk Assessor

Calgary, AB · On-site

CA$104K - CA$138K/yr

As a Senior Risk Assessor, you will play a key role in strengthening WSP's risk management practice across Canada. You will guide clients through complex challenges, deliver highimpact assessments ...

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Showing results 1-20

Managing Director Risk Management information

See Calgary, AB salary details

$26.5K

$107.2K

$186K

How much do managing director risk management jobs pay per year?

As of Sep 9, 2026, the average yearly pay for managing director risk management in Calgary, AB is $107,191.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,000.00 and $134,000.00 per year, depending on experience, location, and employer.

What does a managing director risk management do?

A Managing Director of Risk Management is responsible for overseeing an organization's risk management strategies and policies. They identify, assess, and mitigate financial, operational, and strategic risks to protect the company's assets and reputation. This role involves leading risk assessment teams, developing risk management frameworks, and ensuring compliance with regulatory requirements. Managing Directors in this field also collaborate with senior leadership to develop business strategies that balance risk and growth objectives.

What are the key skills and qualifications needed to thrive as a managing director risk management?

To thrive as a Managing Director Risk Management, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically an advanced degree in finance, economics, or a related field. Familiarity with risk modeling software, enterprise risk management (ERM) systems, and relevant certifications like FRM or PRM is common. Exceptional leadership, strategic thinking, and persuasive communication skills are vital for influencing stakeholders and guiding teams. These capabilities are crucial for effectively identifying, evaluating, and mitigating complex risks that can impact an organization's stability and growth.

What are some typical challenges a managing director risk management faces when aligning risk strategies with overall business objectives?

A Managing Director of Risk Management often encounters the challenge of balancing comprehensive risk mitigation with the need to support business innovation and growth. Navigating differing priorities among stakeholders, ensuring regulatory compliance across diverse markets, and keeping up with evolving risk landscapes are common hurdles. Success in this role requires strong communication and negotiation skills to align risk strategies with the organization’s broader goals, while fostering a collaborative environment among executive leadership and risk teams.

What is the difference between Managing Director Risk Management vs Chief Risk Officer?

AspectManaging Director Risk ManagementChief Risk Officer
CredentialsAdvanced degrees in finance, risk management certifications (FRM, PRM)Same as Managing Director Risk Management, often with extensive experience
Work EnvironmentExecutive leadership in financial institutions, corporationsCorporate headquarters, risk management departments
Industry UsageCommon in banking, insurance, large corporationsUsed interchangeably with Managing Director Risk Management in many firms

The Managing Director Risk Management and Chief Risk Officer roles often overlap in credentials, work environment, and industry usage. While titles may differ, both focus on overseeing risk strategies at an executive level, ensuring organizational risk is managed effectively.

What does a managing director risk management make?

A managing director in risk management typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the industry, company size, and location. They often receive bonuses and benefits, and their compensation reflects their experience and leadership responsibilities in overseeing risk strategies and compliance.
Infographic showing various Managing Director Risk Management job openings in Calgary, AB as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 84% Physical, 4% Hybrid, and 12% Remote job distribution, with an average salary of $107,191 per year, or $51.5 per hour.

Director, High Risk Portfolio Management Team

Calgary, AB • On-site

BMO Capital Markets
1 - 5K employees

CA$85K - CA$185K/yr

Full-time

Medical, Life, Retirement

Re-posted 25 days ago


Job description

Application Deadline:

09/20/2026

Address:

595 Burrard Street

Job Family Group:

Commercial Sales & Service

Overview

The HighRisk Portfolio Management Team (HRPMT) enhances CCB's overall risk oversight capabilities by providing specialized expertise, advisory support, and strategic guidance for accounts exhibiting deteriorating financial performance, emerging risk indicators, or complex credit concerns. Unlike traditional credit roles, HRPMT operates in a consulting and advisory capacity, supporting the commercial banking lines of business with expert insights to strengthen the management of highrisk, watchlist, and impaired accounts.

The team works closely with relationship managers, credit partners, and leadership to ensure early identification of risk, informed decisionmaking, and strong discipline around the oversight of vulnerable segments of the portfolio.

Key Responsibilities

Specialized Risk Assessment & Advisory Support

  • Conducts advanced financial analysis and risk assessments of clients demonstrating signs of weakness or deterioration, providing the LOB with actionable insights and recommended riskmitigation strategies.
  • Offers guidance on appropriate structures, terms, and risk controls for highrisk accounts, ensuring alignment with bank policies, risk appetite, and regulatory expectations.
  • Advises on complex or distressed credit situations, including covenant breaches, liquidity concerns, operational challenges, and industrydriven pressures.
  • Supports LOB teams with strategies for managing watchlist, impaired, and emergingrisk accounts, including exit strategies, recovery pathways, and restructuring options.

HighRisk Portfolio Oversight

  • Performs enhanced portfolio monitoring to detect earlywarning signals, covenant noncompliance, or deteriorating credit trends.
  • Evaluates portfoliolevel performance indicators and risk concentrations, escalating concerns where appropriate and recommending corrective actions.
  • Assesses the overall quality of risk management practices across the highrisk portfolio, identifying gaps and recommending improvements.

Subject Matter Expertise & Consultancy

  • Operates as a specialist resource to senior leaders and frontline teams, supporting decisionmaking on complex or ambiguous credit scenarios.
  • Provides expertise for the review of highrisk transactions, challenging underlying assumptions, and advising on riskaligned alternatives.
  • Engages with internal stakeholders to ensure consistency in the management of highrisk exposures across the enterprise.

Governance, Reporting & Continuous Improvement

  • Strengthens discipline and transparency around watchlist and impaired account management procedures.
  • Implements adjustments to risk oversight strategies in response to shifting market, economic, or clientspecific conditions.
  • Contributes to enterprise initiatives that enhance risk governance, improve monitoring capabilities, and support proactive portfolio management.

Stakeholder Engagement

  • Partners closely with Commercial banking stakeholders to support their management of deteriorating clients while maintaining LOB ownership of BAU underwriting and client relationships.
  • Supports senior leadership with insights, analysis, and recommendations to inform capital allocation decisions and risk appetite considerations.
  • Engages with industry peers and internal networks to stay informed on emerging risks, competitive trends, and evolving best practices.

Qualifications

  • 7+ years of experience in credit, lending, restructuring, portfolio management, or financial analysis within a corporate or banking environment.
  • Strong credit qualifications, including deep knowledge of commercial credit structures, deterioratingcredit dynamics, and highrisk portfolio management practices.
  • Bachelor's degree required; master's degree preferred (Business Administration, Finance, Accounting, or related field).
  • Demonstrated ability to assess complex financial situations, identify risks, and recommend solutions aligned with risk appetite and enterprise policies.
  • Proven capability to operate in an advisory role, influence stakeholders, and provide expertise in nonroutine, ambiguous, or sensitive credit situations.
  • Strong analytical, communication, and problemsolving skills with the ability to apply sound judgment under pressure.

Salary:

$85,500.00 - $185,000.00

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.