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Project Risk Management Jobs in Toronto, ON (NOW HIRING)

WSP

Project Risk Manager

Toronto, ON · On-site

The Risk Management team is hiring! We are looking for a Risk Manager, Rail & Transit, to join our ... Your role will focus on integrating risk strategies into project planning and execution to ensure ...

WSP

Project Risk Manager

Toronto, ON · On-site

The Risk Management team is hiring! We are looking for a Risk Manager, Rail & Transit, to join our ... Your role will focus on integrating risk strategies into project planning and execution to ensure ...

Pomerleau

Project Risk Manager

Toronto, ON · Hybrid

General Information Press space or enter keys to toggle section visibility Job Location * Toronto, ON Date Published 01-Jun-2026 Department Qualifications & Proposals Min Compensation 114 000 Max ...

Aecon Group Inc.

Risk Analyst

Hamilton, ON

Integrate risk management with other project controls functions including scheduling, estimating, change control, cost control, and reporting. * Coordinate, organize and participate in risk ...

Mace

Risk Analyst

Toronto, ON

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 ...

Mace

Risk Analyst

Toronto, ON · On-site

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 ...

Sinai Health

Manager, Risk Management

Toronto, ON · On-site

CA$54.47 - CA$68.09/hr

... Project Management, and Patient Safety is an asset (i.e. Canadian Risk Management Certification (CRM)) Prior health care and hospital experience Applicants with proven equivalent and related training ...

Trillium Rail Partners

Risk Analyst

Mississauga, ON · On-site

The role supports the Risk Manager to maintain a live risk register that aligns with project schedule, cost estimate, and TPA development inputs. The role supports the integration of cost and ...

Trillium Rail Partners

Risk Analyst

Mississauga, ON · On-site

The role supports the Risk Manager to maintain a live risk register that aligns with project schedule, cost estimate, and TPA development inputs. The role supports the integration of cost and ...

Deloitte

Director, Risk Management

Toronto, ON · Hybrid

CA$140K - CA$260K/yr

... projects * Proven understanding of risk management, compliance, and related domains It would be ... great for you to have some of these nice to have's as well: * Exceptional organizational ...

Deloitte

Senior Consultant, Risk Management

Toronto, ON · On-site +1

Support the Brand Events and Risk Management (BERM) group on various projects, initiatives and programs. * Perform other duties as assigned. About the team Global Risk & Brand Protection protects ...

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All JobsProject Risk Management JobsProject Risk Management Jobs in Toronto, ON

Project Risk Management information

See Toronto, ON salary details

$26.2K

$86.3K

$157.5K

How much do project risk management jobs pay per year?

As of Jul 7, 2026, the average yearly pay for project risk management in Toronto, ON is $86,310.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,600.00 and $104,977.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Project Risk Management position, and why are they important?

To excel in Project Risk Management, you need strong analytical abilities, knowledge of risk assessment methodologies, and often a degree in business, engineering, or a related field. Familiarity with risk management software like Primavera Risk Analysis, MS Project, and certifications such as PMI-RMP (Project Management Institute – Risk Management Professional) are highly valued. Outstanding communication, problem-solving, and stakeholder management skills are crucial for building consensus and addressing uncertainties proactively. These skills enable professionals to anticipate, mitigate, and manage project risks, safeguarding project objectives and organizational success.

What is the highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations or financial institutions. Senior risk managers in major markets or specialized industries may earn even higher compensation packages, including bonuses and incentives.

What are some common challenges faced in a Project Risk Management role, and how are they typically addressed?

Professionals in Project Risk Management often encounter challenges such as identifying emerging risks, balancing risk mitigation with project timelines and budgets, and securing stakeholder buy-in for risk response strategies. These challenges are typically addressed by establishing effective communication channels across cross-functional teams, implementing robust risk monitoring systems, and conducting regular risk assessments throughout the project lifecycle. Collaborating closely with project managers and team members helps ensure that risks are addressed proactively rather than reactively. Over time, experience and strong analytical skills further help professionals adapt their strategies to handle complex and evolving project scenarios.

What is a Project Risk Management job?

A Project Risk Management job involves identifying, analyzing, and mitigating risks that could impact a project's success. Professionals in this role develop risk management plans, monitor potential threats, and implement strategies to minimize project disruptions. They work closely with project managers and stakeholders to ensure risks are proactively addressed. Effective risk management helps projects stay on schedule, within budget, and meet their objectives.

What does a project risk manager do?

A project risk manager identifies, assesses, and prioritizes potential risks that could impact a project's success. They develop strategies to mitigate or avoid these risks, monitor risk factors throughout the project lifecycle, and communicate findings to stakeholders. Strong analytical skills and familiarity with risk management tools and frameworks are essential for this role.

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, with salaries exceeding $150,000 annually depending on the industry and company size. These roles typically require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in financial, operational, or enterprise risk management environments.

Is risk management a good career?

Risk management is a valuable career that involves identifying, assessing, and mitigating potential threats to projects or organizations. Professionals in this field often require strong analytical skills, knowledge of industry standards, and certifications such as PMI-RMP or ISO 31000. It offers opportunities across various industries with a focus on strategic decision-making and problem-solving.
What are popular job titles related to Project Risk Management jobs in Toronto, ON? For Project Risk Management jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Project Risk Management jobs in Toronto, ON look for? The top searched job categories for Project Risk Management jobs in Toronto, ON are:
Project Risk Management jobs near you
Project Risk Manager

Project Risk Manager

WSP

Toronto, ON • On-site

Other

Posted 22 days ago

WSP rating

8.5

Company rating: 8.5 out of 10

Based on 67 frontline employees who took The Breakroom Quiz

15th of 58 rated business consultants

Job description

What if you could redefine what's possible?

With us, you can. You want Purpose. Growth. Opportunity. People who get it.
We are the home of ambitious, passionate, and innovative world shapers.
With an unmatched breadth and depth of engineering, advisory and sciencebased expertise, our global minds unite to power local solutions.
We are pathfinders and impact makers.
We are Visioneers.
We are WSP.

The Opportunity

Build the Future With Us.

The Risk Management team is hiring! We are looking for a Risk Manager, Rail & Transit, to join our Transportation Systems team located in Canada (Calgary, Toronto, Montreal). Reporting to the Risk Team Lead, this role is responsible for applying and maintaining risk management processes and systems in accordance with established procedures. As a key member of the risk management team, you will drive proactive risk management across complex infrastructure initiatives. Your role will focus on integrating risk strategies into project planning and execution to ensure successful outcomes.

WSP's Rail & Transit teams are nationally recognized awardwinning leaders shaping the future of mobility in Canada.

Your Impact

  • Lead engaging workshops and risk meetings to identify, assess, and prioritize project risks, and guide teams in developing effective mitigation strategies.
  • Partner with risk owners and project teams to build, monitor, and refine treatment plans that align with project goals.
  • Maintain and update comprehensive risk registers using the designated risk database.
  • Perform schedule and cost risk modeling to establish confidence levels and quantify potential impacts.
  • Deliver clear, actionable risk reports tailored to project team needs and decisionmaking.
  • Collaborate with scheduling and cost control teams to embed risk management into broader project controls.
  • Champion a culture of risk awareness and resilience across project teams.

The Skills That Set You Apart

  • Minimum 8 years of relevant experience, including 5+ years in project management or project controls within civil infrastructure or construction.
  • Proven ability to facilitate workshops and stakeholder engagement with clarity and confidence.
  • Strong interpersonal and communication skills to interface effectively across multidisciplinary teams.
  • Analytical mindset with a structured approach to solving complex project challenges.
  • Bachelor's degree in engineering, construction management, or a related analytical discipline - or equivalent experience.

Why Choose WSP?

We exist to shape communities to advance humanity. The brightest engineers, advisors and scientists from across the globe call WSP home.

  • Proudly Canadian - we are a Top 100 Employer in Canada for 2026.
  • A global community of brilliant minds - your next idea, mentor, or opportunity is always within reach.
  • Limitless opportunities start here. Whether it's across the country or around the globe, we help you tailor your role to match your ambition - because your growth drives ours.
  • Flexible work, real balance - we recognize the importance of balance in our lives and encourage you to prioritize the balance in yours.

#WeAreWSP

Compensation

AB, BC, NT, NU, SK & YT :
98800$ - 130800$
MB & ON :
90100$ - 124100$
NB, NL, NS, PEI & QC :
84000$ - 113100$

Disclosure:
The final salary awarded for this role may vary from the above range based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, and business or organizational needs. The wage range provided in this job posting may be subject to change for business purposes.

At WSP, we exist to shape communities to advance humanity.
It's why we bring people together who are wired to solve complex challenges - engineers, scientists, advisors, and technical experts who are driven by a common passion - to redefine what's possible and shape what comes next. We are Visioneers.
As one of the world's leading professional services firms, we partner with clients across transportation, infrastructure, environment, buildings, energy, water, mining and metals. We pair deep local knowledge with global insights to pioneer solutions designed to leave a lasting, positive impact.
At WSP, you'll join a community of brilliant minds that push boundaries every day - applying deep expertise and fuelling innovation to help create a more connected and resilient future. Here, your ideas are valued, your growth is supported, and you are encouraged to bring your authentic self to work. We empower our people to collaborate across disciplines, challenge the status quo, and shape a career with purpose.
Join us.
Please Note:
Health and Safety is a core paramount value of WSP. Given the importance of keeping one another safe it is expected that you comply with our Health, Safety & Environment (HSE) policy at all times as well as client HSE policies when working at client locations. Full details here.
Some safety-sensitive positions involve fieldwork and may include work in a variety of environmental conditions, such as remote or isolated areas, working alone, and in inclement weather (within safe and reasonable limits).
WSP welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.
WSP is committed to the principles of employment equity. Only the candidates selected will be contacted.
WSP does not accept unsolicited resumes from agencies. Full details here.

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