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

goeasy

Risk Manager (Risk & Analytics)

Mississauga, ON

CA$95K - CA$129K/yr

You will have sound knowledge of credit risk/portfolio management procedures and principles and knowledge and practical application of data mining and statistical principles involved in model ...

Worthland

Portfolio Manager

Toronto, ON

CA$100K - CA$140K/yr

The ideal candidate will have a strong foundation in portfolio construction, risk management, and options trading--whether in traditional finance, digital assets, or both. This role requires a ...

Worthland

Portfolio Manager

Toronto, ON

CA$100K - CA$140K/yr

The ideal candidate will have a strong foundation in portfolio construction, risk management, and options trading--whether in traditional finance, digital assets, or both. This role requires a ...

Mace

Risk Manager

Toronto, ON

Acts as the risk management Subject Matter Expert on assigned project(s)/programme(s)/portfolio(s). * Leads and directs the delivery of Quantitative Risk Analysis (cost and time). * Advises on the ...

The Citco Group Limited

Risk Associate

Toronto, ON · On-site

CA$85K - CA$105K/yr

The Risk and Transparency Reporting Group is responsible for portfolio risk analytics and (market/credit/liquidity) reporting across all asset classes and alternative asset managers. The Risk ...

CPP Investments

Associate, Risk

Toronto, ON

Oversees governance and assessment of enterprise-wide operational and sustainability risks, including internal operations and external manager due diligence. * Total Portfolio Risk & Analytics:

MasterCard

Director, Credit Risk Policy

Toronto, ON · On-site

The Director is accountable for supporting the SVP Credit Risk to oversight credit risk governance, specifically on credit policy, standards and guidance, developing credit risk portfolio management ...

Td

Group Risk Manager (ATH 4995)

Toronto, ON · On-site

CA$96K - CA$136K/yr

Risk Management Pay Details: $96,900 - $136,800 CAD TD is committed to providing fair and equitable ... Accountabilities include providing effective challenge on CC and PL Portfolio, as well as designing ...

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Portfolio Risk Manager information

See Toronto, ON salary details

$30.5K

$104.9K

$167K

How much do portfolio risk manager jobs pay per year?

As of Jul 7, 2026, the average yearly pay for portfolio risk manager in Toronto, ON is $104,873.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,575.00 and $135,039.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

Senior risk management roles such as Chief Risk Officer (CRO) or Director of Risk typically offer the highest salaries in risk management, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills, especially in financial services and large corporations.

How does a Portfolio Risk Manager typically collaborate with investment teams to manage risk?

Portfolio Risk Managers work closely with portfolio managers, analysts, and traders to identify, assess, and mitigate potential risks within investment portfolios. They regularly participate in strategy meetings, provide risk analysis on proposed trades, and ensure portfolios remain aligned with the firm's risk appetite and regulatory requirements. Effective communication and data-driven insights are key, as Portfolio Risk Managers must translate complex risk metrics into actionable recommendations for the investment team. This collaborative approach helps ensure that investment decisions balance potential returns with an appropriate level of risk.

What is the highest salary for a risk manager?

The highest salaries for portfolio risk managers can exceed $150,000 to $200,000 annually, especially for those with extensive experience, advanced certifications like FRM or CFA, and working in major financial centers. Senior risk managers or those in leadership roles may earn even higher compensation, including bonuses and incentives.

How much does a risk manager get paid?

A portfolio risk manager's average salary in the United States ranges from $80,000 to $150,000 annually, depending on experience, location, and industry. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher compensation, often exceeding $200,000 with bonuses and benefits included.

What are the key skills and qualifications needed to thrive as a Portfolio Risk Manager, and why are they important?

To thrive as a Portfolio Risk Manager, you need strong quantitative analysis, financial modeling abilities, and a solid understanding of risk management principles, often supported by a degree in finance, economics, or a related field. Familiarity with risk analytics tools such as Bloomberg, MATLAB, or SAS, and certifications like FRM or CFA are typically required. Strong communication, critical thinking, and problem-solving skills help in presenting complex risk findings to stakeholders and making sound decisions under pressure. These competencies are crucial for identifying, assessing, and mitigating risks to optimize portfolio performance and protect organizational assets.

What does a portfolio risk manager do?

A portfolio risk manager analyzes and monitors the risks associated with investment portfolios to ensure they align with the organization's risk appetite and objectives. They use tools like risk assessment models and financial data analysis to identify potential threats and implement strategies to mitigate losses, often working closely with investment teams and utilizing certifications such as FRM or CFA. Their role involves continuous evaluation of market conditions and portfolio performance to maintain optimal risk levels.
Portfolio Risk Manager jobs near you
Infographic showing various Portfolio Risk Manager job openings in Toronto, ON as of July 2026, with employment types broken down into 71% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $104,873 per year, or $50.4 per hour.

Senior Director, Total Portfolio Risk

Healthcare of Ontario Pension Plan

Toronto, ON • On-site

Full-time

Medical, Dental, Retirement

Re-posted 7 hours 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

Please note: This position is required to be in office full-time.

Job Summary:

The Senior Director, Total Portfolio Risk is a key leadership role within the Risk Division, responsible for delivering independent oversight, analytics, and insight on HOOPP's total portfolio risk. Reporting to the VP, Total Portfolio Risk & Analytics, this role partners closely with Investment Management to support portfolio construction, strategic decision-making, and risk governance across public and private assets.

This role serves as the enterprise owner of Total Portfolio Risk oversight at HOOPP, with accountability for how total portfolio risks are identified, measured, understood, and appropriately escalated across the organization.

The role focuses on total portfolio risk oversight, stress testing, emerging risks, and advanced risk analytics. It plays a critical role in strengthening HOOPP's Total Portfolio Approach by ensuring risks are well understood, measured, and integrated into investment decisions.

What you will do:

  • Partner with investment management to provide holistic risk oversight of HOOPP's total portfolio, which includes public assets as well as a broad range of private asset classes (such as real estate, infrastructure, private equity, and private credit). HOOPP's portfolio also includes complex derivatives.

  • Providing independent risk governance and constructive assessment over portfolio design choices, strategic allocations, and material transactions.

  • Delivering integrated total portfolio risk oversight, aggregating exposures and insights by leveraging HOOPP's risk technology systems.

  • Leading the asset stress testing function and partner with the Actuarial team to provide asset/liability scenarios and ad-hoc analysis as required.

  • Lead the identification and assessment of emerging risks, including advancements in artificial intelligence and other disruptive technologies, and evaluate their implications for total portfolio risk, investment strategies, and market dynamics.

  • Leading total portfolio risk research and advanced analytics, including driving risk management innovation in risk factor modeling, cross-asset correlation and tail-risk analysis, and forward-looking stress testing methodologies, while working closely with IT partners, the Total Portfolio Group, and industry thought leaders.

  • Overseeing the development and implementation of quantitative methodologies, models, and analytics to assess and manage total portfolio risks across the organization.

  • Building partnerships with investment management as well as other divisions across HOOPP that support the investment management function (Finance, HR, IT, Legal, etc.). Strong cross-functional collaboration is essential.

  • Maintaining well-established relationships with peers in the industry, regulators, and industry experts.

What you bring:

  • University education with a minimum post-graduate degree in business, mathematics finance, science, engineering, or another quantitative discipline.

  • Minimum 12 years' work experience of investment risk management in the pension industry, with strong knowledge of portfolio construction framework, risk modeling, and cross-asset risk analytics.

  • Master's degree in business, mathematics finance, science, and engineering with CFA designation preferred. Experience in both public and private markets.

  • Strong expertise in both public assets (including complex derivatives) and private assets, including their risk characteristics, valuation approaches, and cross-asset interactions.

  • Hands-on experience with stress testing frameworks and risk systems including incorporating macroeconomic conditions into quantitative stress testing and scenario design. (Experience with Aladdin Risk, Ortec or other risk systems would be beneficial).

  • Previous coding and software development an asset.

  • Strategic and forward-looking understanding of emerging technology, such as the application of Artificial Intelligence in risk management. Demonstrated strong research and innovation skills.

  • Highly developed interpersonal and communication skills, and excellent English - written and verbal.

  • Alignment with HOOPP's values of Accountable, Compassionate and Trustworthy.

  • A conceptual and critical thinker who is adept at large scale problems.

  • Excellent at building and maintaining strong working relationships across the HOOPP organization.

  • Experience leading, mentoring and developing risk professionals, with accountability for building a sustainable, high-performing Total Portfolio Risk capability and developing future risk leaders.

  • Demonstrated ability to work effectively across divisions, including Finance, Legal, and IT, and to contribute to multi-stakeholder governance processes.

  • Experience in building, implementing, and maintaining risk policies, governance processes, and reporting structures is strongly preferred.

#LI-Onsite

The 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.

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