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Operational Risk Jobs in British Columbia (NOW HIRING)

... operations. * As part of the team, you will be challenged to analyze new and emerging trends in the management, business, risk, legal, environmental, social, and governance landscapes, examine how ...

Catastrophe Risk Specialist

Vancouver, BC ยท Hybrid

CA$85K - CA$115K/yr

Job Overview Reporting to the Manager, Catastrophe Risk, this role is responsible for analytics and modeling capabilities within our Catastrophe Risk Management team. This includes data extraction ...

Lead operational risk reduction through continual improvement, metrics and service maturity. * Build trusted relationships with executive leadership, Engineering, Operations, Product, and other ...

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Operational Risk information

See British Columbia salary details

$13

$51

$85

How much do operational risk jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for operational risk in British Columbia is $51.72, according to ZipRecruiter salary data. Most workers in this role earn between $35.34 and $66.11 per hour, depending on experience, location, and employer.

What is operational risk?

Operational risk refers to the potential for losses resulting from inadequate or failed internal processes, people, systems, or external events. Unlike credit or market risk, operational risk is related to the day-to-day operations of a business and can include issues such as fraud, system failures, natural disasters, or human error. Managing operational risk is essential for organizations to ensure business continuity, regulatory compliance, and to protect their reputation and assets.

How does an operational risk professional typically interact with other departments within an organization?

Operational Risk professionals work closely with a variety of teams, such as compliance, internal audit, IT, and business units, to identify and assess risks that could impact the organization's operations. They often facilitate risk assessments, lead training sessions on risk awareness, and collaborate on developing controls and mitigation strategies. Building strong relationships and communicating effectively across departments is essential, as much of the role involves influencing others and ensuring risk management practices are integrated into daily operations.

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

To thrive as an Operational Risk professional, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or risk management, often supported by relevant certifications such as FRM or ORM. Familiarity with risk management frameworks, data analysis tools, and governance, risk, and compliance (GRC) systems is typically required. Exceptional communication, attention to detail, and problem-solving abilities are crucial soft skills for identifying risks and collaborating across departments. These skills ensure that operational risks are effectively identified, assessed, and mitigated, protecting the organization from potential losses and regulatory issues.

What is the difference between Operational Risk vs Credit Analyst?

AspectOperational RiskCredit Analyst
Required CredentialsCertifications like FRM, PRM often preferredCertifications such as CFA, credit-specific courses
Work EnvironmentBanking, financial institutions, risk management departmentsBanking, lending institutions, financial services
Employer & Industry UsageUsed across financial sectors to manage risksUsed in lending to assess creditworthiness
Comparison Search IntentUnderstanding risk management rolesAssessing credit risk and loan eligibility

Operational Risk focuses on identifying and mitigating risks within business operations, including processes, systems, and people. Credit Analysts evaluate the creditworthiness of individuals or companies to determine loan eligibility. While both roles are within the financial industry, Operational Risk professionals concentrate on risk management frameworks, whereas Credit Analysts focus on credit assessment and lending decisions.

Is operational risk management a good career?

Operational risk management is a valuable career path in finance and banking, focusing on identifying and mitigating risks related to daily business operations. It requires strong analytical skills, knowledge of risk frameworks, and often certifications like FRM or ORM. The role offers opportunities for advancement and stability in regulated industries.

What are the most commonly searched types of Operational Risk jobs in British Columbia?

The most popular types of Operational Risk jobs in British Columbia are:

What are popular job titles related to Operational Risk jobs in British Columbia?

For Operational Risk jobs in British Columbia, the most frequently searched job titles are:

What job categories do people searching Operational Risk jobs in British Columbia look for?

The top searched job categories for Operational Risk jobs in British Columbia are:

Infographic showing various Operational Risk job openings in British Columbia as of August 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $107,573 per year, or $51.7 per hour.

Third Party Risk Management Lead (Fixed-Term 6 months)

Surrey, BC โ€ข On-site

CA$37.85 - CA$47.33/hr

Full-time

Re-posted 11 hours ago


Job description

Location(s):ย Help Headquartersย 

Job Type:ย Full Timeย Regularย 

myWork Program: Hybrid

Starting Salary Range: $37.85 - $47.33 per hour

Background Screening Requirement:ย 

  • Enhanced Criminal Record Check
  • Credit Check
  • Identity Verificationย 
  • Employment Verification
  • References

Job Purpose

The Third Party Risk Management Lead supports Coast Capital's Third Party Risk Management (TPRM) program within Strategic Supplier Sourcing. This role is responsible for coordinating end-to-end supplier risk assessments, facilitating due diligence activities, and ensuring third-party relationships are managed in accordance with Coast Capital's risk appetite, governance framework, and regulatory requirements. Working closely with Strategic Sourcing, Information Security, Privacy, Finance, Legal, and Operational Risk teams, the incumbent assesses and monitors supplier risks throughout the vendor lifecycle, supports policy and framework development, and maintains centralized vendor risk information and reporting. This role plays a key part in strengthening supplier governance, regulatory compliance, and sustainable business decision-making.ย 

This is a 6-month Fixed Term position. This role is primarily remote, with occasional in-office attendance based on business needs. The role may be based out of our Surrey, BC or Toronto, ON office. The incumbent will typically attend in-person meetings approximately once every two months

Accountabilities

  • Support and administer the Third Party Risk Management program and related governance processes.
  • Conduct and validate inherent risk assessments for vendor engagements.
  • Perform preliminary information security, privacy, financial, and operational risk assessments.
  • Facilitate end-to-end supplier risk assessments, including due diligence, residual risk determination, and approvals.
  • Partner with business owners and risk subject matter experts to identify, assess, and mitigate supplier risks.
  • Provide risk analysis and recommendations that support informed business decisions and sustainable outcomes.
  • Maintain a centralized vendor repository including vendor profiles, contracts, risk assessments, and supporting documentation.
  • Monitor supplier risks throughout the lifecycle of vendor relationships and track remediation activities.
  • Support the development, implementation, and continuous improvement of third-party risk policies, procedures, and frameworks.
  • Maintain risk registers and assessment tools to track, monitor, and report on supplier risks and controls.
  • Ensure compliance with applicable regulatory requirements and industry guidelines, including OSFI, AML/ATF, and Basel expectations.
  • Prepare risk reports, portfolio monitoring tools, audit responses, and management reporting.
  • Support internal and external audits through the collection and validation of risk documentation and evidence.
  • Contribute to supplier governance and transformation initiatives that improve risk management effectiveness and operational efficiency.

Skills & Qualifications

  • Bachelor's degree in business, Economics, Risk Management, Information Security, Finance, or a related discipline.
  • Professional certification or designation in Risk Management, Information Security, or Privacy is considered an asset.
  • 4-6+ years of experience in Third Party Risk Management, Vendor Risk Management, Audit, Information Security, Privacy, or Operational Risk.
  • Experience within Banking, Financial Services, Credit Union, or other regulated industries is preferred.
  • Strong understanding of third-party risk management, vendor governance, due diligence, and supplier lifecycle management.
  • Knowledge of information security, privacy, operational, financial, and regulatory risk management principles.
  • Experience conducting inherent and residual risk assessments and coordinating due diligence reviews.
  • Experience developing or maintaining policies, procedures, and risk management frameworks.
  • Working knowledge of OSFI, Basel, AML/ATF, outsourcing risk management, and enterprise risk management practices.
  • Experience with third-party risk assessment platforms, GRC systems, or vendor management tools is an asset.
  • Strong proficiency in Microsoft Office, including Excel, PowerPoint, Word, and SharePoint.
  • Excellent stakeholder management, communication, and relationship-building skills.
  • Strong analytical, research, problem-solving, and critical-thinking capabilities.
  • Demonstrated ability to manage multiple priorities, work independently, and deliver results in a fast-paced environment.
  • Strong organizational skills, presentation abilities, and attention to detail.

Equity, Diversity & Inclusion at Coast Capital

Don't meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed toย building better, brighter, more inclusive futuresย for everyone - including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you're excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

Coast Capital is committed to providing an accessible recruitment experience. If you are a candidate with a disability and require accommodation(s) during any stage of the recruitment process, please contact us at accessibility@coastcapitalsavings.com or 778-391-5836. This contact is intended solely for inquiries or feedback related to accessibility barriers, accommodation requests or alternate format requests. We will work with you to ensure your needs are met. You will only receive a response to inquiries related to these topics.ย