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

Aecon Group Inc.

Risk Manager

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 ...

Aecon Group Inc.

Risk Analyst

Hamilton, ON · On-site

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

Comtech

Risk IV

Toronto, ON · On-site

Together, we're transforming how capital projects are planned, managed, and executed, creating a ... Risk IV) Manage procedures and work instructions related to risk and opportunity management Develop ...

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 ...

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 ...

Manulife

Senior Consultant, Information Risk

Toronto, ON · Hybrid

CA$113K - CA$163K/yr

Information risk management, vendor risk management, project risk management, or IT audit expertise. * Experience supporting cloud transformation and cybersecurity initiatives. * Ability to influence ...

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 ...

BGIS

Manager, Global Risk Management

Toronto, ON · On-site

$82.43 - $103.04/hr

Oversees placement of project specific wrap up insurance * Facilitates insurance certificate preparation and distribution * Conducts insurance risk assessment Claims Management * Oversees the global ...

Scotiabank

Manager, Funds Risk Management

Toronto, ON · On-site

Funds Risk Management is responsible for risk management and analysis of Hedge Funds, Pensions ... Contribute to the department's goals and objectives through active participation in projects and ...

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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 27, 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
Infographic showing various Project Risk Management job openings in Toronto, ON as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $86,310 per year, or $41.5 per hour.

Risk Manager - Major Infrastructure

TalentSphere

Mississauga, ON • On-site

CA$170K - CA$200K/yr

Full-time

Posted 3 days ago

Job description

Risk Manager - Major Infrastructure

Location: GTA

Compensation: $170,000-$200,000

Reference # 16817626

THE OPPORTUNITY:

Shape the future of large-scale infrastructure projects by leading risk strategy, driving better decisions, and influencing outcomes from the earliest stages of delivery.

We are seeking an experienced Risk Manager to join a high-performing project team responsible for delivering complex infrastructure initiatives. This is an opportunity for a seasoned risk professional to play a critical role in identifying challenges before they arise, guiding mitigation strategies, and helping project teams make informed decisions throughout the design and pre-construction phases.

Working closely with engineering, commercial, estimating, project controls, and construction teams, you will help establish a proactive risk culture that supports successful project delivery while balancing cost, schedule, and stakeholder expectations.

WHAT YOU'LL BE DOING:

  • Lead the development and implementation of project risk management strategies, processes, and reporting frameworks.
  • Facilitate risk identification workshops with engineering, design, commercial, construction, and project controls teams.
  • Maintain and manage project risk registers, ensuring ownership, accountability, and mitigation strategies are clearly defined.
  • Develop risk reporting dashboards and provide leadership teams with clear insights to support decision-making.
  • Integrate risk considerations into cost forecasting, schedule planning, estimating, and project execution strategies.
  • Support value engineering, change management, and project optimization initiatives.
  • Lead Quantitative Cost and Schedule Risk Analyses (QRA) at key project milestones and translate findings into actionable recommendations.
  • Analyze risk trends, assumptions, and mitigation effectiveness to identify opportunities for improvement.
  • Maintain transparent documentation and audit trails related to project risks, decisions, and mitigation plans.
  • Collaborate with internal and external stakeholders to promote proactive risk management practices.

WHAT YOU BRING:

  • 15+ years of experience in risk management within large-scale infrastructure, transportation, transit, or complex construction environments.
  • Experience supporting major projects through progressive design, pre-construction, or design-build delivery phases.
  • Strong understanding of project controls, cost forecasting, scheduling, and commercial risk.
  • Experience facilitating risk workshops and working with multidisciplinary teams.
  • Ability to analyze complex information and communicate clear recommendations to senior stakeholders.
  • Strong leadership, facilitation, and influencing skills with the ability to challenge assumptions constructively.
  • Degree in Engineering, Construction Management, Project Management, or a related discipline.
  • Professional certifications such as PMP, PMI-RMP, or equivalent are considered an asset.
  • Experience with risk management tools and quantitative risk analysis software is preferred.

WHY THIS OPPORTUNITY:

  • Influence major projects from the ground up – Play a key role during early design and pre-construction phases where strategic decisions have the greatest impact.
  • Work on complex, high-profile infrastructure programs – Apply your expertise to projects requiring advanced risk management, collaboration, and strategic thinking.
  • Have a seat at the table – Partner with senior leaders and multidisciplinary teams to shape decisions, challenge assumptions, and improve project outcomes.
  • Build your professional impact – Lead risk processes, mentor teams, and help establish best practices across a sophisticated project environment.

WHAT TO DO NEXT:

Click apply if you think this role is for you. If you are a qualified candidate with questions, please reach out to csoules@talentsphere.ca or call me at 416-900-3435 x 728

*Only those selected for the interview process will be contacted*