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Market Risk Manager Jobs in Ontario (NOW HIRING)

Operate responsibly by managing risk, safety, and environmental considerations across all our ... Aecon Civil is a recognized leader in the market, backed by strong selfperform capabilities and ...

Bring external market insight and policy developments into project delivery and service improvement The ideal Risk Manager for this role is someone with an in depth understanding of risk management ...

$150K - $180K/yr

Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to ... market today.

$150K - $180K/yr

Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to ... market today.

Showing results 21-40

Market Risk Manager information

See Ontario salary details

$28.5K

$124.2K

$237.5K

How much do market risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for market risk manager in Ontario is $124,155.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,000.00 and $150,000.00 per year, depending on experience, location, and employer.

What does a market risk manager do?

A Market Risk Manager is responsible for identifying, assessing, and mitigating risks that arise from fluctuations in market variables such as interest rates, foreign exchange rates, and equity prices. They analyze trading portfolios, conduct stress tests, and develop risk management strategies to protect their organization from potential losses. Additionally, Market Risk Managers work closely with traders, analysts, and senior management to ensure that market risks are understood and maintained within acceptable levels.

How does a market risk manager typically collaborate with other departments within a financial institution?

A Market Risk Manager works closely with various departments such as trading, treasury, and compliance to monitor and mitigate potential risks in the institution’s portfolio. They often consult with traders to understand new products and exposures, coordinate with IT teams to enhance risk management systems, and report findings to senior management and regulatory bodies. Regular communication and collaboration are essential to ensure all teams are aligned in managing risk effectively and responding promptly to market developments.

What are the key skills and qualifications needed to thrive as a market risk manager, and why are they important?

To thrive as a Market Risk Manager, you need strong quantitative analysis skills, a background in finance or economics, and often an advanced degree such as an MBA or CFA. Familiarity with risk management software (like Value-at-Risk models), statistical tools, and financial systems such as Bloomberg Terminal is typically required. Excellent problem-solving, communication, and decision-making skills set standout candidates apart in this highly analytical role. These capabilities are crucial for accurately assessing market risks, supporting sound investment decisions, and ensuring regulatory compliance in dynamic financial environments.

What is the difference between Market Risk Manager vs Credit Risk Analyst?

AspectMarket Risk ManagerCredit Risk Analyst
Required CredentialsBachelor's degree, often CFA or FRMBachelor's degree, often CFA or FRM
Work EnvironmentFinancial institutions, trading floors, risk departmentsBanks, lending institutions, credit departments
Employer & Industry UsageUsed in investment banks, asset managers, hedge fundsUsed in commercial banks, credit agencies, lending firms
Common Search & ComparisonOften compared for risk management roles in financeCompared for credit analysis roles

The Market Risk Manager focuses on identifying and managing risks related to market fluctuations, such as interest rates and stock prices. In contrast, the Credit Risk Analyst assesses the creditworthiness of borrowers to mitigate default risk. Both roles require similar credentials and are vital in financial institutions, but they specialize in different risk areas.

Do market risk managers make good money?

Market risk managers typically earn competitive salaries that vary based on experience, location, and industry. According to industry reports, median salaries range from $80,000 to over $150,000 annually, with higher earnings possible for those with advanced certifications like FRM or CFA and extensive experience. Bonuses and benefits can also significantly increase total compensation in this role.

What are popular job titles related to Market Risk Manager jobs in Ontario?

For Market Risk Manager jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Market Risk Manager jobs in Ontario look for?

The top searched job categories for Market Risk Manager jobs in Ontario are:

What cities in Ontario are hiring for Market Risk Manager jobs?

Cities in Ontario with the most Market Risk Manager job openings:

Infographic showing various Market Risk Manager job openings in Ontario as of August 2026, with employment types broken down into 80% Full Time, 19% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $124,155 per year, or $59.7 per hour.

Business Analysis Specialist Market Risk

Scotiabank

Toronto, ON • Hybrid

Full-time

Retirement, PTO

Re-posted 2 days ago


Job description

Requisition ID: 264945 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Team

We are part of the Global Risk and Treasury Engineering technology team, responsible for providing technical expertise on the bank's FRTB Aggregation for Market Risk.

The Role

The candidate will need to interact with various stakeholders including Business Analysts from other systems, business stakeholders, developers, vendors, infrastructure, and Compliance. The incumbent will influence the enhancements of the technological solution in relation to architecture, workflow design, and feature development and provide subject matter expertise on the aggregation process in support of daily and monthly regulatory and management reporting requirements. This includes managing the third-part risk aggregation platform Atoti.

 

What will we expect from you?

 

  • Provide subject matter expertise to internal stakeholders regarding FRTB Market Risk aggregation and the Atoti application.
  • Provide daily support on business users' impact analysis and ad-hoc reporting.
  • Strong technical knowledge on data and systems to lead the enhancement and maintenance of the risk application.
  • Contribute to projects and bank initiatives being on schedule and meeting regulatory reporting requirements.
  • Identify user requirements by working with key stakeholders from the business and IT, producing high-level business requirements and converting these into technical requirements in collaboration with developers from the team.
  • Follow the Software Development Life Cycle methodology and prepare test plans and test cases for IST testing.
  • Support users in UAT testing and conduct regression analysis for monthly releases.
  • Build relationships and communicate effectively with colleagues in all regions.

 

What You Will Bring to Succeed

 

  • Experience of managing projects that require coordination with multiple teams.
  • Experience with databases like SQL
  • Proven ability to translate business requirements to technical specifications and deliver working results
  • Understanding of market risk regulations and implementation of regulations
  • A recognized undergraduate degree in business, mathematics, computer science, or a related discipline.
  • Working knowledge of Agile Project Management, Risk Management, and Change Management skills
  • Knowledge of UNIX scripting and MDX queries, preferred
  • Experience with Airflow and similar scheduling tools, preferred.

What's in it for you?

  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We provide you with the tools and technology needed to deliver results.
  • You will get to work with and learn from diverse industry leaders
  • We offer a competitive total rewards package that includes a base salary, a performance bonus, company matching programs (pension & profit-sharing), generous vacation, personal & sick days, personal development funding, maternity leave top-up, parental leave, and much more.

Location(s):  Canada : Ontario : Toronto 
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.