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Professional Risk Manager Jobs in Ontario (NOW HIRING)

... management matters. * Partners with client meeting their expectations and building strong professional relationships. * Provides expert advice and support to Project/Programme teams in the ...

Partners with clients exceeding their expectations and building strong professional relationships. * Acts as the risk management Subject Matter Expert within assigned Hub/territory. * Leads and ...

Typically, 6-8 years of professional experience in development and implementation of risk management practices, risk identification, risk mitigation, and strategies on large construction projects ...

Support the delivery and ongoing monitoring of Lloyd's annual risk management and coordinated ... professional development, we create an environment where inclusion is experienced daytoday - not ...

... and professional guidance Decision Making Authority Authority to review and challenge first line credit risk decisions, underwriting, procedures risk acceptance, open risk management Recommend ...

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Professional Risk Manager information

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

AspectProfessional Risk ManagerRisk Analyst
CertificationsFRM, PRMCFA, FRM (optional)
Work EnvironmentStrategic, managerial, decision-making roles in finance, insurance, or corporate sectorsData analysis, risk assessment, reporting in finance or banking
Employer & Industry UsageFinancial institutions, corporations, consulting firmsBanks, investment firms, insurance companies

The Professional Risk Manager typically holds strategic responsibilities, focusing on risk policies and mitigation strategies, often requiring certifications like FRM or PRM. Risk Analysts primarily perform data-driven risk assessments and reporting. While both roles work within the risk management field, the Professional Risk Manager has a broader scope involving decision-making and policy development, whereas Risk Analysts focus on analyzing data to inform those decisions.

What does a professional risk manager do?

A professional risk manager identifies, assesses, and prioritizes potential risks that could impact an organization’s assets, operations, or reputation. They develop strategies to mitigate or manage these risks, often using tools like risk assessment frameworks and data analysis. Certification such as FRM or PRM can enhance their expertise in financial and operational risk management.

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

To thrive as a Professional Risk Manager, you need a strong background in risk assessment, financial analysis, and regulatory compliance, often supported by a degree in finance or a related field and certifications like PRM or FRM. Proficiency with risk management software, quantitative modeling tools, and enterprise risk management (ERM) systems is typically required. Outstanding analytical thinking, attention to detail, and effective communication skills set successful risk managers apart. These skills and qualifications are crucial for accurately identifying, assessing, and mitigating risks that could impact an organization's objectives and stability.

How does a professional risk manager typically collaborate with other departments within an organization?

Professional Risk Managers work closely with teams across the organization, including finance, operations, compliance, and executive leadership. They facilitate communication to identify, assess, and prioritize potential risks, ensuring that all business units understand and adhere to risk mitigation strategies. Regular meetings and cross-functional projects are common, fostering a collaborative environment where risk insights inform decision-making. This collaborative approach helps to create a proactive risk culture and supports the organization’s overall objectives.

What are popular job titles related to Professional Risk Manager jobs in Ontario?

For Professional Risk Manager jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Professional Risk Manager jobs in Ontario look for?

The top searched job categories for Professional Risk Manager jobs in Ontario are:

What cities in Ontario are hiring for Professional Risk Manager jobs?

Cities in Ontario with the most Professional Risk Manager job openings:

Infographic showing various Professional Risk Manager job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 66% Full Time, 29% Part Time, and 4% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution.

Risk Analyst

Mace

Toronto, ON • On-site

Full-time

Re-posted 6 days ago


Job description

At Mace, our purpose is to redefine the boundaries of ambition. We believe in creating places that are responsible, bringing transformative impact to our people, communities, and societies across the globe. To learn more about our purpose, culture, and priorities, visit our strategy site.

Within our consult business we harness our unique combination of leading-edge practical expertise and project deliveryconsultancy to unlock the potential in every project.  

The Project: This major national rail programme is focused on delivering a modern, electrified high-speed corridor that will strengthen connectivity between key urban centres. The scheme aims to significantly reduce journey times, enhance passenger capacity, and support long term decarbonisation goals. Development is progressing toward phased delivery over the next decade.

Our Values

Safety first - Going home safe and well: You will champion a safe, diverse and inclusive working environment, understanding the importance of wellbeing in your team and local health and safety rules or regulations of the work you're involved with.

Client focus - Deliver on our promise: You will lead on the cost management services including estimating, procurement and cost planning, owning the quality of deliverables, strategic outcomes and building long term relationships with your clients.

Integrity - Always do the right thing: You will lead operations that are fiscally and ethically viable, influencing the achievement of business objectives that align with business and legislative compliance obligations.

Create opportunity - For our people to excel: You will mentor, coach, and develop teams, demonstrating effective leadership to ensure excellence in delivery against plans, championing a continuous improvement culture throughout all activities.

You'll Be Responsible For:

  • Accountable for the risk management performance of assigned commission(s).

  • Creates/designs effective risk management framework(s)/strategy(s) on assigned commission(s).

  • Manages and directs Clients, consultants, contractors, project team on assigned commission(s) on all risk management matters. 

  • Partners with client meeting their expectations and building strong professional relationships. 

  • Provides expert advice and support to Project/Programme teams in the administration of the risk process, particularly with respect to the risks to achievement of key project objectives and escalation of risks.

  • Facilitates and drives the delivery of risk workshops.

  • Works with Project Managers to recognise opportunities and mitigations to minimise risk exposure.

  • Accountable for ensuring risk mitigation action plans are developed, risk and action owners appointed and that project plans are updated accordingly and monitored.

  • Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time).

  • Comments on the adequacy of contingency as part of the regular reporting cycle as required.

  • Develops and delivers monthly risk reports, externally to the client and internally to the project team.

  • Ensures all activities/operations are carried out in line with Mace Control Centre, Client requirements and prevailing legislation.

  • Provides line management to team  and other Project/Programme members. 

  • Utilises expertise to mentor and assist the personal and career development of junior members of risk team.

  • Leads the integration of risk with PMO and Planning disciplines.

  • Supports the HUB Risk Lead with resourcing and recruitment for the assigned commission.                                                                                        

  • Works collaboratively towards the common goal of net zero carbon transition, and share responsibility for the proactive identification and management of the associated carbon emissions and reductions during the delivery of work.
     

You'll Need To Have:

  • Experience in providing effective risk leadership on complex construction projects.

  • Proven ability to establish and implement risk management and assurance frameworks and strategies.

  • Comprehensive knowledge of risk tools, techniques, and software (e.g., Active Risk Manager, riskHive, @RISK, Primavera Risk Analyzer).

  • Ability to manage activities with significant uncertainty in terms of solutions or outcomes.

  • Good understanding of construction projects, including dependencies and interfaces throughout the project lifecycle.

  • Strong sector-specific risk management expertise (e.g., rail, highways, nuclear, public sector, healthcare).

  • Minimum 5 years' experience delivering project risk management services on major construction projects.

  • Commercial awareness with experience in business development, bidding, and winning work.

  • Effective communication and stakeholder engagement skills, with the ability to influence and persuade.

  • Skilled in managing challenging behaviours and maintaining positive outcomes.

  • Resilient and robust when handling difficult situations and environments.

  • Degree in Risk Management, Engineering, Construction, Project Management, or a related discipline (or equivalent qualification or experience).
     

Note: The estimated salary for this position is 130,000 - 180,000 CAD. Starting salary may vary based on permissible, non-discriminatory factors such as experience, skills and qualifications.

Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all the criteria, please apply as you may still be the best candidate for this role or another role within our organisation.

We are also open to discussing part time, flexible, and hybrid working options if suitable with-in the role.