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

Royal Bank of Canada

ALM Risk Manager

Toronto, ON · On-site

The Manager will support senior management in the development, implementation, and communication of ... Provide timely accurate and complete market risk reporting and analysis by taking ownership of the ...

Td

Senior Risk Analyst (5043)

Toronto, ON · On-site

Risk Management Pay Details: 81,600.00 - 115,200.00 CAD TD is committed to providing fair and ... Provide a broad range of market risk analysis, reporting, monitoring and/or support to business ...

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All JobsMarket Risk JobsMarket Risk Manager JobsMarket Risk Manager Jobs in Toronto, ON

Market Risk Manager information

See Toronto, ON salary details

$27.2K

$118.5K

$226.7K

How much do market risk manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for market risk manager in Toronto, ON is $118,486.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,936.00 and $143,151.00 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.

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.

How much does a risk manager get paid?

A 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 in financial hubs can earn higher compensation, especially with certifications like FRM or CFA. The role often involves analyzing data, using risk management tools, and working in fast-paced financial environments.

What is the role of a market risk manager?

A market risk manager is responsible for identifying, analyzing, and monitoring financial risks arising from market fluctuations, such as interest rates, currency exchange rates, and equity prices. They develop risk mitigation strategies, use tools like value-at-risk (VaR) models, and ensure compliance with regulatory standards to protect the organization’s financial stability.

What are the 4 types of market risk?

A Market Risk Manager focuses on four main types of market risk: interest rate risk, currency risk, equity risk, and commodity risk. Understanding these risks helps in developing strategies to mitigate potential financial losses in trading and investment portfolios.

Is market risk management a good career?

Market risk management is a vital role in financial institutions, focusing on identifying and mitigating risks related to market fluctuations. It often requires strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. The field offers opportunities for advancement and competitive compensation, especially in large firms or financial hubs.

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 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.

What are popular job titles related to Market Risk Manager jobs in Toronto, ON? For Market Risk Manager jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Market Risk Manager jobs in Toronto, ON look for? The top searched job categories for Market Risk Manager jobs in Toronto, ON are:
Market Risk Manager jobs near you
Infographic showing various Market Risk Manager job openings in Toronto, ON as of June 2026, with employment types broken down into 100% Full Time. Highlights an 70% In-person, 15% Hybrid, and 15% Remote job distribution, with an average salary of $118,486 per year, or $57 per hour.

Manager, Market Risk

Healthcare of Ontario Pension Plan

Toronto, ON • On-site

CA$103K - CA$153K/yr

Full-time

Medical, Dental, Retirement

Posted 2 days ago

Job description

Why you'll love working here:

  • high-performance, people-focused culture

  • our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves

  • learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees' career growth

  • membership in HOOPP's world class defined benefit pensionplan, which can serve as an important part of your retirement security

  • competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).

  • optional post-retirement health and dental benefits subsidized at 50%

  • yoga classes, meditation workshops, nutritional consultations, and wellness seminars

  • the opportunity to make a difference and help take care of those who care for us, byproviding a financially secure retirement for Ontario healthcare workers

Job Summary

The Manager, Market Risk will support independent oversight, analysis, and communication of market risks across the Fund, with a focus on Capital Markets strategies. The role will partner closely with investment teams and internal risk stakeholders to monitor key exposures, assess risk relative to limits and thresholds, evaluate the impact of new trades and strategies, and provide quantitative and qualitative insights that support risk-aware investment decisions.

The Manager will also contribute to the development of risk analytics, attribution, scenario analysis, reporting, and research initiatives, including the effective use of data, technology, and AI-enabled tools to enhance the team's analytical capabilities and decision support.

What you will do:

  • Monitor key market risks, exposures, sensitivities, concentrations, and limit usage across the Fund.

  • Link risk measures to trading activity, market movements, and asset allocation decisions to improve risk attribution analysis.

  • Support stress testing, scenario analysis, and sensitivity analysis across portfolios, strategies, and key risk factors.

  • Support independent risk assessments for Capital Markets strategies, with selective focus on public equity, fixed income or multi-asset.

  • Develop risk metrics, analytical tools, dashboards, and reports to improve risk monitoring and decision support.

  • Apply programming, automation, visualization, and AI-enabled tools to improve analytical efficiency and insight generation.

  • Develop and foster strong relationships with portfolio managers, build and maintain an effective and efficient network at a variety of levels in the organization.

What you bring:

  • Comprehensive understanding of financial markets, Capital Markets strategies, and market risk concepts.

  • Clear communication and presentation skills, with the ability to work effectively with investment, risk, and other internal teams.

  • Ability to engage with portfolio managers and stakeholders, ask thoughtful questions, and provide constructive risk perspectives.

  • Solid quantitative, analytical, and problem-solving skills with ability to translate complex risk analysis into clear and practical insights.

  • Practical ability to use AI and automation tools to improve daily workflows, with the technical judgement to validate AI-generated codes and data-processing outputs.

  • Detail-oriented and execution-focused, with a willingness to improve processes and enhance existing analysis.

  • High standards of professionalism, collaboration, and intellectual integrity, aligned with HOOPP's values.

  • 5+ years' experience in portfolio management, investment risk management or investment research roles.

  • Experience in complex institutional investment environments is preferred.

  • Experience with Capital Markets strategies, including public equities, fixed income, derivatives, or multi-asset portfolios, is an asset.

  • Undergraduate degree in Mathematics, Finance, Engineering, Economics, Computer Science or equivalent combination of education and experience.Graduate degree (Master's) is preferred.

The expected annual base salary range for this role is: $103,000 - $153,000 CADThe actual base salary offered to the successful candidate may vary based on multiple factors including, but not limited to, individual's expertise and level of experience applicable to the role they are being offered.This role is eligible to participate in discretionary incentive plan(s), subject to the terms and conditions of the applicable incentive plan text.This job posting is for a newly created role.


HOOPP may use artificial intelligence tools to assist in screening, assessing and selecting applicants for this position. These tools support our recruitment process but do not replace human judgment and decision-making.

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