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

Lead project assignments on risk management services * Develop a roadmap for the unit's business planning and execution * Leading reviews of program/project issues, and developing risk mitigation ...

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 ...

Assistant, Risk Management

Toronto, ON · Hybrid

CA$62K - CA$80K/yr

The Assistant, Risk Management is responsible for managing access requests for the firm ... Participate and support various departmental projects and initiatives (e.g., trust fund balance ...

Significant experience in leading risk management on major, complex, or landmark construction projects. * Proven ability to develop and deploy robust risk management strategies, frameworks, and ...

Work with management and joint venture partners to develop and deploy mitigation strategies. * Partner with project teams to monitor risk mitigations. * Work closely with planners to understand ...

Ensure project delivery aligns with client objectives, budgets, timelines, and quality standards ... Proven track record leading cyber or risk management programs in a consulting or advisory context ...

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Showing results 1-20

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:

Director, Operational Risk Management

Manulife

Toronto, ON • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Job description

The Director, Operational Risk Management of Global Wealth and Asset Management Canada, will be responsible for assisting the Operational Risk Officer of North America Global Retirement & Manulife Wealth with their mandate to design, implement and execute an effective risk governance and management program, and with overseeing operational risk mitigation activities, within the Canadian Segment of the Global Wealth and Asset Management business. The ideal candidate will have expertise in the asset management industry across various asset classes relevant to Retirement and Wealth Management, which may include fixed income, equities, real estate, private debt, mortgages, and derivatives, with knowledge of various vehicle types such as separate accounts, mutual funds and ETFs. In addition, the candidate will have significant experience in the design, implementation and/or execution of the Operational Risk Management framework for a large financial institution.

Position Responsibilities:

  • Conduct Oversight of Risk and Control Self-Assessments: documentation of key risks and controls and development of action plans to remediation of control gaps, as needed
  • Contribute to the development of Key Risk Indicators to track identified risks and complete oversight of the results
  • Collect, review and reconcile internal and external risk incidents/ loss events, ensuring they are addressed in a timely, including root cause analysis
  • Contribute to the design and execution of scenario analysis for key risks
  • Identify emerging risks to strengthen risk oversight
  • Responsible for assisting the Operational Risk Officer of North America Global Retirement & Manulife Wealth with their mandate to design, implement and execute an effective risk governance and management program, and with overseeing operational risk mitigation activities, within the Canadian Segment of the Global Wealth and Asset Management business.
  • Support change management; for new products, business initiatives and strategies and assess impact on the division's risk profile.
  • Develop close partnerships and provide value-added collaboration with business and functional leaders to ensure that key risks are properly identified, managed and mitigated.
  • Support the development and maintenance of Global Wealth & Asset Management-level Risk Appetite Statements and associated metrics.
  • Contribute to developing a strong risk culture and work with the business to reinforce accountability and transparency across the organization.
  • Provide support for risk aggregation and reporting.

Required Qualifications:

  • A seasoned risk professional with a minimum 8 years of risk management, finance and/or audit experience.
  • Strong working knowledge of the retirement, wealth and asset management industry and familiar with the current regulatory environment and the risks facing Financial Institutions'.
  • Proven expertise and knowledge of ORM concepts and practices (Risk and Control Self Assessments, Risk Indicators, risk events, scenario analysis).
  • A strong moral compass and a commitment to high ethical standards.
  • Strong collaboration and partnering skills and proven ability to develop effective working relationships with business and functional partners to influence decisions.
  • Strong program and project management skills and ability to independently manage multiple, conflicting priorities and deliver a quality result within tight deadlines.
  • A highly motivated and results-oriented individual with an established track record in building effective programs and transforming strategy into action.
  • Highly developed business acumen with ability to synthesize complex information from various sources, identifying key points and issues.
  • Solid analytical and creative problem-solving skills and the ability to motivate others to implement new solutions.
  • Excellent verbal and written communication skills, including ability to articulate complex technical issues.
  • Bilingualism (English and French) is a strong asset. If the successful candidate is in Quebec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

When you join our team:

  • We'll empower you to learn and grow the career you want.
  • We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
  • As part of our global team, we'll support you in shaping the future you want to see.

#LI-Hybrid

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact hr@manulife.com.

Referenced Salary Location

Montreal, Quebec

Working Arrangement

Hybrid

Salary range is expected to be between

$123,100.00 CAD - $173,100.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact hr@manulife.com for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.