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Operational Risk Manager Jobs in Cambridge, ON (NOW HIRING)

Provide review, analyse key issues, and assess risk in commercial contracts, developing mitigation ... General understanding of water treatment technologies and customer industries and operations

Identify, assess, and mitigate operational risks through proactive Risk Management strategies, safeguarding personnel and assets. * Monitor key performance indicators (KPIs) and implement corrective ...

HR Manager, Canada

Milton, ON · Hybrid

$110K - $125K/yr

HR Manager, Canada LOCATION: Milton, ON (hybrid - 3 days onsite) MacDonald Search Group is a ... Reduced HR compliance risk across Canadian operations. * Consistent application of HR policies and ...

Partner with Credit Risk, Compliance, Legal, Technology, Finance, and Operations teams to deliver ... Manage relationships with third-party collections partners and support vendor performance and ...

Partner with Credit Risk, Compliance, Legal, Technology, Finance, and Operations teams to deliver ... Manage relationships with third-party collections partners and support vendor performance and ...

Partner with Credit Risk, Compliance, Legal, Technology, Finance, and Operations teams to deliver ... Manage relationships with third-party collections partners and support vendor performance and ...

Showing results 41-60

Operational Risk Manager information

See Cambridge, ON salary details

$29.3K

$103.1K

$143.6K

How much do operational risk manager jobs pay per year?

As of Aug 22, 2026, the average yearly pay for operational risk manager in Cambridge, ON is $103,072.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,592.00 and $132,236.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

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

To thrive as an Operational Risk Manager, you need a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

What are some common challenges faced by operational risk managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

What is the difference between Operational Risk Manager vs Risk Analyst?

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

What cities near Cambridge, ON are hiring for Operational Risk Manager jobs?

Cities near Cambridge, ON with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in Cambridge, ON as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $103,072 per year, or $49.6 per hour.

Commercial Contracts Manager

Veolia

Oakville, ON

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday


Job description

Company Description

About Veolia
Veolia group aims to be the benchmark company for ecological transformation. In 2022, with nearly 220,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. In 2021, the Veolia group supplied 79 million people with drinking water and 61 million people with wastewater service, produced nearly 48 million megawatt hours of energy and treated 48 million metric tons of waste.

Job Description

Job Description
The Commercial Contracts Manager will be responsible for providing world class support from
tendering to final project completion, ensuring a balance of customer centricity and risk
management. The Commercial Contracts Manager will support the growth of the region both
financially & in terms of capability by building the risk management mind-set within the broader
regional team & influencing change at the global level.

Essential Responsibilities

  • Provide negotiations preparation and support to the Sales and Proposal teams, as well as Project Managers/Service leaders and other functions within the region
  • Review, negotiation and approval of Non-Disclosure Agreements as necessary to support proposal efforts
  • Provide review, analyse key issues, and assess risk in commercial contracts, developing mitigation strategies for negotiations and sometimes leading them in complex contracts
  • Ensure compliance with applicable in-house workflow and approval processes
  • Prepare persuasive positions for (and sometimes lead) complex contract negotiations for dispute resolution and change order requests with customers and suppliers
  • Support the development and implementation of risk management processes and controls working with Project Management / Services leadership
  • Provide project summaries and guide Project Managers / Services leaders through successful project execution strategies in high risk projects / deals
  • Consult with the Legal Team as necessary to support contract negotiations and dispute resolution
  • Teach contracts management skills to the Sales, Proposal and Project Management / Services teams through on the job and formal training sessions
  • Travel estimated at 20%, some international travel likely
Qualifications

Qualifications & Experience

  • Degree with strong academic record – technical, engineering, legal, business a plus, > 5 years of commercial or transactional contract negotiation experience, or equivalent
  • Must have more than five years of experience in the Nam Region with understanding of contractual terms & conditions
  • Fluency in English language (French is a plus) and the ability to draft and negotiate in them
  • Ability to influence and persuade with experience of negotiations
  • Knowledge of legal terminology and concepts as used in commercial contracts
  • Good verbal and written communications skills, including presentations to customers and Veolia team members
  • Organized and self-motivated for success
  • Demonstrated prioritization skills and ability to manage multiple and changing priorities
  • Ability to provide creative business-oriented advice in a global, fast-paced environment
  • Experience in working in different cultures and environments
  • Experience with direct customer contact and negotiations – written and verbal/presentation
  • Experience working in a matrix organisation with multiple stakeholders

Desired

  • General understanding of water treatment technologies and customer industries and operations
  • Prior experience in an “expert” role supporting a business team
  • Experience working with large Design-Build contractors (and contracts)
  • Substantive knowledge of commercial contracts in international business
  • Working knowledge of contract forms NEC, ICHEM, FIDIC etc.

Additional Information

At Veolia, we realize diverse teams make smarter decisions, deliver better results, and build stronger
communities. We’re an organization that champions diversity and inclusion at every rung of the ladder
and are proud to be an equal opportunity workplace. Because our people are our greatest assets, we
also offer competitive compensation and benefits that include:

  • Compensation - The salary range is tied to the market for similarly benchmarked roles.  The range is not an absolute, but a guide, and offers will be based on the individual candidate’s knowledge, skills, experience, and market conditions, as well as internal peer equity.  Depending upon all the preceding considerations for the final selected individual candidate, the offer may be lower or higher than the stated range: $110K - 118K USD + 10% AIP / $108K - 116K CAD + 10% AIP
  • Medical, Dental, & Vision Insurance Starting Day 1!
  • Life Insurance
  • Paid Time Off
  • Paid Holidays
  • Parental Leave
  • 401(k) Plan - 3% default contribution plus matching!
  • Flexible Spending & Health Saving Accounts
  • AD&D Insurance
  • Disability Insurance
  • Tuition Reimbursement


Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this
posting. The Company reserves the right to modify this information at any time, subject to applicable
law.


****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not
sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity****


Veolia does not accept unsolicited resumes from external recruiting firms. All vendors must have a
current and fully executed MSA on file before submitting candidates. Any unsolicited resumes and
candidate profiles will be deemed the property of Veolia, and no fee will be due.

As an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.