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

Program Risk Manager

Mississauga, ON

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

AECOM is seeking a Program Risk Manager to join our team. This position is based on-site, out of ... Conducting project and program-level cost risk workshops/reviews and Quantitative Cost Risk ...

Quantitative Investment & Risk Analyst

Toronto, ON · On-site

  • Medical

  • Life

  • Retirement

  • PTO

This role sits at the intersection of investment analytics, quantitative/risk methodologies, and ... Partner with Portfolio Managers and investment stakeholders to translate analytical questions into ...

Leads and directs the delivery of Quantitative Risk Analysis (cost and time). * Advises on the ... Provides line management to more junior risk managers and other Project/Programme staff as required.

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Manages and directs Clients, consultants, contractors, project team on assigned commission(s) on ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

Risk Management Pay Details: $96,900.00 - $136,800.00 CAD TD is committed to providing fair and ... Depth & Scope The Climate Risk Measurement team is seeking an experienced quantitative risk ...

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

Risk Analyst - Airport

Mississauga, ON

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Familiarity and experience in the application of Quantitative Risk Analysis (QRA) techniques and tools. * Experience using Enterprise Risk Management tools, for example, Active Risk Manager (ARM)

The AVP, Model Validation Quantitative Analyst within the Quantitative Risk Control (QRC) supports ... Responsibilities: Model Risk Management: * Developing, maintaining, and implementing the Bank ...

Advanced proficiency in risk management platforms and quantitative analysis tools including @RISK, Safran Risk, and Power BI, with the ability to interpret and communicate outputs such as ...

Senior Risk Coordinator

Toronto, ON

CA$90K - CA$118K/yr

  • Medical

  • Life

  • Retirement

Performing integrated quantitative cost and schedule risk analyses using Risk Management software * Delivering clear, actionable risk reporting and dashboards to senior leadership and stakeholders

Senior Risk Coordinator

Toronto, ON · On-site

CA$90K - CA$118K/yr

  • Medical

  • Life

  • Retirement

Performing integrated quantitative cost and schedule risk analyses using Risk Management software * Delivering clear, actionable risk reporting and dashboards to senior leadership and stakeholders

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Quantitative Risk Manager information

See Toronto, ON salary details

$30.5K

$125.9K

$209K

How much do quantitative risk manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for quantitative risk manager in Toronto, ON is $125,896.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,570.00 and $156,034.00 per year, depending on experience, location, and employer.

What is a quantitative risk manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

How does a quantitative risk manager typically collaborate with other departments within a financial institution?

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

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

To thrive as a Quantitative Risk Manager, you need strong analytical abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

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

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

What are popular job titles related to Quantitative Risk Manager jobs in Toronto, ON?

For Quantitative Risk Manager jobs in Toronto, ON, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Manager jobs in Toronto, ON look for?

The top searched job categories for Quantitative Risk Manager jobs in Toronto, ON are:

Infographic showing various Quantitative Risk Manager job openings in Toronto, ON as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 81% Physical, 4% Hybrid, and 15% Remote job distribution, with an average salary of $125,896 per year, or $60.5 per hour.

Program Risk Manager

AECOM

Mississauga, ON

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


AECOM rating

8.1

Company rating: 8.1 out of 10

Based on 68 frontline employees who took The Breakroom Quiz

15th of 80 rated construction


Job description

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

AECOM is seeking a Program Risk Manager to join our team. This position is based on-site, out of Mississauga. We are seeking professionals to join our team to help us build one of the most advanced, sustainable and passenger-friendly airports in the world. 

Major Responsibilities: 

Reporting to the Risk Management Practice Lead, this position will be responsible for implementing a risk management program to support successful delivery of our client’s infrastructure development program in the Greater Toronto Area.  As an industry leader in program management and construction management for large capital programs, AECOM oversees activities ranging from planning, coordination, scheduling, and cost control, to design, construction, and commissioning. From concept through completion, we provide necessary technical and administrative services to help our clients meet their program objectives. We function as an extension of our clients’ staff, protecting their interests as our own.

The Program Risk Manager will be responsible for the delivery of risk management services to Client’s Infrastructure development program and projects.

Essential functions of the job include:

  • Developing and implementing program and/or project risk management plans.
  • Verifying and ensuring that agreed program and/or project Risk Management Plans are implemented by the project teams.
  • Facilitating regular risk workshops and maintaining a good working knowledge of the program and/or projects and related activities to inform risk assessment and management.
  • Advising and assisting program and/or project teams in implementing appropriate risk treatment plans and communicating risks to avoid surprises with key stakeholders.
  • Integrating program-wide risk data to inform and support program’s day-to-day management of risks, program and/or project assurance, and decision-making processes.
  • Conducting project and program-level schedule risk workshops/reviews and Quantitative Schedule Risk Assessments (QSRA).
  • Conducting project and program-level cost risk workshops/reviews and Quantitative Cost Risk Assessments (QCRA).
  • Providing periodic, accurate, and reliable risk reporting including performance trends and identifying items for management escalation.
  • Creating and reporting regular leadership and executive level briefing papers to summarize key risks and mitigations as well as risk performance.
  • Maintaining a program-wide register of identified and/or emergent risks and opportunities for use on future projects.
Qualifications

Minimum Requirements:

In order to be considered for this position, candidates must possess, at a very minimum: 

  • No less than a University Degree in project management, quantity surveying, engineering or related discipline plus 10 years of experience in development and implementation of risk management practices, risk identification, risk mitigation, and strategies on large construction projects/programs, including 2 years in leadership. 

Preferred Qualifications:

  • Experienced in the facilitation of risk workshops and comfortable coordinating large groups of stakeholders.

  • Familiarity and experience in the application of Quantitative Risk Analysis (QRA) techniques and tools.

  • Experience using Enterprise Risk Management tools, for example, Active Risk Manager (ARM)

  • Experience in the delivery of risk management activities and deliverables within a program/project lifecycle including support of investment decisions and milestone-based assurance reviews.

  • Demonstrated understanding of the interfaces between risk management and other program/project management process areas, i.e. cost and schedule planning and control, change management, quality management, reporting, and commercial management.

  • Understanding of various traditional and alternative contracting strategies and associated risks

  • Experience working in the Engineering, Procurement and Construction advisory environment, specifically in the development of public infrastructure or other industrial projects.

  • Effective verbal and written communications, and facilitation skills.

  • Collaborative working style and behaviours, able to influence and engage stakeholders in managing risks.

  • Ability to prioritize and manage multiple consulting engagements.

  • Certified Risk Management Lead (CRM) or similar designation

  • Membership of a professional body an asset (e.g. AACE, PMI)


Additional Information

This position requires work on-site/out of the office 5 days a week.

This position is for a replacement position.

At AECOM, we are committed to maintaining a secure and trustworthy recruitment process and take any fraudulent hiring activity seriously. To support this commitment, all newly hired employees are required to attend an in-person Day 1 onboarding at an AECOM office location as a condition of employment.

About AECOM 

AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, flexible work options, well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan. 

AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com. 

What makes AECOM a great place to work 

You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects - both in your local community and on a global scale - that are transforming our industry and shaping the future. With cutting-edge technology and a network of experts, you’ll have the resources to make a real impact. Our award-winning training and development programs are designed to expand your technical expertise and leadership skills, helping you build the career you’ve always envisioned. Here, you’ll find a welcoming workplace built on respect, collaboration and community - where you have the freedom to grow in a world of opportunity. 

As an Equal Opportunity Employer, we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines. Artificial intelligence will be used to support the screening, assessment, and selection of applicants for this role. Final hiring decisions are made by the hiring team.


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