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Operational Risk Jobs in British Columbia (NOW HIRING)

Identify operational and service requirements for the Complex Risk team that may be unique to the book of business and client base. * Foster a positive, engaging work environment to attract and ...

AECOM is seeking a Risk Assessment Discipline Lead to join our Canada Remediation team. This leadership role is responsible for driving technical excellence, innovation, and consistency in human ...

Operations Specialist VCIM

Vancouver, BC · Hybrid

CA$76K - CA$94K/yr

You will operate and maintain technology platforms, engage with vendors and strategic partners, and help mitigate operational risk while supporting business growth. This role is ideal for a detail ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm; * Assist with preparing technical alerts, guidance, training materials ...

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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 Jun 13, 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.

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 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.

What are the 4 operational risks?

Operational risk in a job context refers to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks often involves implementing controls, training, and monitoring to ensure smooth operations.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

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 is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, which can offer salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

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.

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 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 June 2026, with employment types broken down into 84% Full Time, 14% Part Time, 1% Temporary, and 1% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $107,573 per year, or $51.7 per hour.

Director, Enterprise Risk Management

Bci

Victoria, BC

Full-time

Medical, Dental, Retirement, PTO

Posted 10 days ago


Job description

About Us:

With $295.0 billion of gross assets under management, as of March 31, 2025, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia's public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.

Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, London, and Mumbai.

BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients' risk and return requirements. Our people shape employee-focused initiatives, creating a strong culture. To learn more about our culture and values, visit our BCI Values in Action page.

POSTING CLOSE DATE: June 23, 2026

BCI is seeking a Director, Enterprise Risk Management to join its Corporate Risk & Audit department at its Victoria, BC headquarters. Reporting to the Senior Director, ERM and Internal Controls, this role leads BCI's ERM program, chairs the Risk Leads Committee, and supports Board-level presentations on enterprise risk. For senior risk professionals who combine strategic thinking with strong stakeholder engagement, this is a meaningful leadership opportunity at one of Canada's largest institutional investment managers.

DEPARTMENTDESCRIPTION

The Corporate Risk & Audit (CR&A) department is responsible for providing analysis and insight on BCI's risk exposures, governance, and control practices. Comprised of three branches - Enterprise Risk Management, Internal Controls, and Internal Audit - this department helps BCI understand and monitor the key risks that could impactitsobjectives, advises management on potential mitigation strategies, and provides assurance on the ongoing effectiveness of controls.

THE OPPORTUNITY

Reporting to the Senior Director, ERM and Internal Controls, the Director, ERM is astrategicleader andexcellent communicatorwho candrive results and ensure the ERM programremains focused on evolving risk priorities.The Directorchairs the Risk Leads Committee, which discusses enterprise risks, and supports the Executive Risk Management Committee (ERMC), which establishes thestrategic direction for BCI's ERM program. In addition, the DirectorsupportsBoard presentationstoensureBoard-level oversightof BCI'senterpriserisks, risk events, andemerging risks.

The Director is expected to have exceptional stakeholder management capabilities.Thisrolerequirescultivating and maintainingstrong relationships withseniorleadersacrossBCIand with Canadian pension industry peers to continuously enhance BCI's risk managementpracticesandframeworks.

WHAT YOU BRING
Must have
  • Excellent written and verbal presentation and communication skills, with demonstrated experience engaging and influencing stakeholders at all levels of the organization, including senior leaders and external clients

  • Proven ability to think strategically, assess complex environments, and implement pragmatic and effective solutions

  • A combination of at least12years ofenterpriseriskandinvestment industry experiencein progressively senior leadership roles

  • Experience chairingand facilitatingsenior-levelcommittee meetings

  • Experience building and maintaining senior-level relationships

  • Experience withenterpriseriskframeworks and investment industry practices

  • Detail-oriented and results-drivenleader, with the ability to manage multiplestrategicpriorities effectively

  • Demonstrated success inleading, coaching, and developinghigh-performingteams

  • Bachelor's degree (or higher) in accounting, finance, business, or other relevant discipline

Preferred
  • CPA, CRMand/ or other relevant professional designation

  • Prior experienceindesigning and implementing enterprise risk management programs

  • Prior experience in crisis management and insurance programs

  • Experience with datavisualization andanalysis

WHAT YOU WILL DO
Lead BCI's ERM program
  • Oversee and continuallyimprove the ERM framework, including pragmatic processes for identifying, assessing, monitoring, and reporting on enterprise risks

  • Chair theRisk Leads CommitteemeetingsandsupporttheERMCmeetings, facilitating dialogue on enterprise risks, mitigation strategies, and risk appetite

  • Provide insights into the current and emerging risk landscape, and offer independent advice and innovative solutions to support business units in developing risk management strategies that align with the organization's strategic priorities

  • Facilitate cross-functional collaboration on risk management initiatives, breaking down silos and promoting a risk-aware culture

  • Overseeand exercise the crisis management framework and contribute to effective operational resiliency.

  • Oversee BCI's corporate insurance program, ensuring appropriate risk transfer strategies are in placeand aligned with BCI's growth

Manage Board, Client, and Stakeholder Relationships
  • Support the Senior Director in preparingquarterlypresentationsto the Board of Directors on BCI's risk profile, emerging risk trends, and material risk events, responding to Board challenges and providing independent risk perspectives

  • Support the Senior Director inpreparingannualpresentationsto clients on BCI's ERM framework, and respond to client questions and challenges regarding BCI's risk management strategies

  • Maintain relationships with the Canadian pension peer network and external risk management experts to enhance understanding of common practices and challenges, benchmark ERM approaches, and stay current on emerging risk trends

  • Develop and cultivate relationships with risk committee members, senior management, and other key stakeholders across the organization, building trust and credibility with senior leaders

Drive Department Strategy and Team Development
  • Lead, develop, and mentor the ERM team, fostering a culture of continuous improvement, professional development, and engagement

  • Drive cross-team collaboration between Corporate Risk & Audit branches to minimize duplication of efforts and ensure proper risk and audit coverage

WHERE YOU WILL WORK

This role will be based in our office in downtown Victoria, BC.

SALARY RANGE

The annualized base salary range for this Victoria-based role is CAD $152,000 - $185,000.

BCI offers a competitive total rewards package, including a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off. We pay our people competitively in the markets in which we operate and with consideration for internal equity and job structure. The base salary will consider factors such as the individual's skill set, experience, and internal equity. We aim for actual pay to be around the market median for expected performance and the upper quartile for excellent performance. Actual salaries may vary based on experience and expertise.

Next Steps:

To apply online, please submit your resume promptly. Applications will be actively reviewed, and those selected for an interview will be contacted. We welcome all qualified candidates who are legally authorized to work in the country where this job is located. If you do not have authorization, or if your work permit has restrictions or is due to expire within 12 months, please inform our recruitment team if shortlisted.

At BCI, we value diversity and foster an inclusive culture where all employees can thrive. We are performance and client-focused, valuing integrity, and we want to know you if you share these values. We recognize that some skills can be learned on the job and encourage everyone to apply. If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at hr@bci.ca.

To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity and inclusion and the recruitment process visit our BCI Careers Page.

BCI does not accept unsolicited resumes or candidate submissions from third-party recruitment agencies, executive search firms, or staffing suppliers unless they have an existing contractual agreement with our organization. Our approved vendor relationships are established for particular recruitment requirements and do not extend to general job postings on our website or other platforms. Any candidate information or resumes submitted by suppliers not approved by BCI will be deemed unsolicited and will not be reviewed or considered. BCI will not be liable for any fees, commissions, or charges related to unsolicited candidate submissions or recruitment services.