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Quantitative Risk Jobs in Toronto, ON (NOW HIRING)

Senior Risk Coordinator

Toronto, ON · On-site

CA$90K - CA$118K/yr

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

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.

As a Quantitative Trader, you'll play a key role in managing market risk and supporting algorithmic trading on a fast-paced dealing desk. This is a dynamic position ideal for someone with front ...

About The Role HUB International's Alternative Risk Solutions practice is hiring a Senior Actuarial Consultant to lead captive advisory, broking, and quantitative risk analysis engagements. This is a ...

Key Accountabilities * Assist Senior Manager to execute independent validations of quantitative models (e.g., asset and liability management, liquidity risk, interest rate risk in the banking book ...

What you'll accomplish with us Front Office Co-Development Partner with Front Office teams such as Quantitative Equity, Trading, Risk, Asset Allocation, and other investment teams to: * Co-design and ...

Risk Analyst

Toronto, ON · On-site

CA$95K - CA$105K/yr

Perform quantitative cost and schedule risk analysis using Risk Management software (e.g. Oracle Primavera Risk Analysis, Acumen Risk, etc.) and provide the interpretation of results (e.g.

Showing results 21-40

Quantitative Risk information

What is a quantitative risk analyst?

A Quantitative Risk Analyst is a finance professional who uses mathematical models and statistical techniques to assess and manage financial risks for organizations, particularly in banking, investment, and insurance sectors. They analyze data, develop risk models, and help companies make informed decisions to minimize potential losses. Their work involves programming, data analysis, and communicating complex risk scenarios to stakeholders. Quantitative Risk Analysts play a crucial role in ensuring that organizations remain financially stable and compliant with regulatory requirements.

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

To thrive as a Quantitative Risk Analyst, you need strong analytical skills, expertise in statistics and mathematics, and a relevant degree such as finance, mathematics, or engineering. Familiarity with statistical software (such as R, Python, or SAS), risk modeling tools, and industry certifications like FRM or CFA is highly valued. Excellent problem-solving abilities, attention to detail, and effective communication skills help you interpret complex data and convey insights to stakeholders. These competencies are crucial for accurately assessing risk, supporting strategic decisions, and ensuring the financial stability of organizations.

How do quantitative risk professionals typically collaborate with other departments within a financial institution?

Quantitative Risk professionals frequently work with various teams such as trading, portfolio management, compliance, and IT. This collaboration helps ensure that risk models accurately reflect real-world exposures and regulatory standards. Effective communication is key, as Quantitative Risk staff must translate complex data and models into actionable insights for non-technical stakeholders. Regular cross-departmental meetings and project-based collaborations are common, promoting a dynamic and integrated work environment.

What is the difference between Quantitative Risk vs Quantitative Analyst?

AspectQuantitative RiskQuantitative Analyst
Primary FocusAssessing and managing financial risks using quantitative methodsDeveloping models and strategies to analyze financial data and inform investment decisions
Required CredentialsOften requires risk management certifications (FRM, PRM), advanced degrees in finance, mathematics, or statisticsTypically requires degrees in finance, economics, mathematics, or related fields; certifications like CFA may be common
Work EnvironmentFinancial institutions, risk management departments, banksInvestment firms, hedge funds, banks, financial services companies

Quantitative Risk professionals focus on identifying and mitigating financial risks through specialized models, while Quantitative Analysts develop analytical models to support trading, investment, and financial decision-making. Both roles require strong quantitative skills and often similar educational backgrounds, but their core objectives differ: risk management versus financial analysis and strategy development.

How hard is it to become a quantitative risk?

Becoming a quantitative risk professional typically requires a strong background in mathematics, statistics, or finance, often supported by a relevant degree such as a master's or Ph.D. in a quantitative field. Developing skills in programming languages like Python or R and understanding financial models are also important, and obtaining certifications such as FRM or CFA can enhance job prospects. The role demands analytical ability, attention to detail, and the capacity to work with complex data sets, making it a challenging but attainable career path for those with the right skills and education.

How much do quantitative risk analysts make?

Quantitative risk analysts typically earn a median annual salary of around $80,000 to $120,000, depending on experience, education, and location. Senior analysts or those in high-demand financial centers can earn over $150,000, often supplemented by bonuses and benefits. Strong skills in statistics, programming, and risk modeling tools are essential for higher compensation.

What are the most commonly searched types of Quantitative Risk jobs in Toronto, ON?

The most popular types of Quantitative Risk jobs in Toronto, ON are:

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

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

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

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

Infographic showing various Quantitative Risk job openings in Toronto, ON as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 85% Physical, 7% Hybrid, and 8% Remote job distribution.

Senior Risk Coordinator

Toronto, ON • On-site

Alstom
Rail Transportation • 10K+ employees

CA$90K - CA$118K/yr

Full-time

Medical, Life, Retirement

Re-posted 21 days ago


Alstom rating

7.5

Company rating: 7.5 out of 10

Based on 49 frontline employees who took The Breakroom Quiz


Job description

Req ID:525225 

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Could you be the full-time Senior Risk Coordinator in Toronto we're looking for?


Your future role

Take on a new challenge and apply your risk management expertise in a cutting-edge field. You'll work alongside collaborative, forward-thinking, and results-driven teammates.

You'll play a critical role in ensuring the effective identification, assessment, and mitigation of risks, savings, and opportunities within our projects. Day-to-day, you'll work closely with teams across the business (Project Managers, Core Teams, Scheduling, and Cost Control), facilitate workshops to gather inputs for risk analysis, and provide actionable insights through robust risk reporting and dashboards.

You'll specifically take care of creating and maintaining the consolidated Risk and Opportunity Register, but also leading quantitative risk analyses to inform target pricing and schedule planning.

We'll look to you for:

  • Ensuring project members are trained in Risk Management through seminars and training courses

  • Supporting project teams in identifying and assessing risks, opportunities, and mitigation actions

  • Leading brainstorming sessions for risk, saving, and opportunity identification

  • Collaborating with risk owners to define, implement, and monitor mitigation actions

  • Developing scoring rationales for risks and opportunities, and integrating them into project schedules and budgets

  • Performing integrated quantitative cost and schedule risk analyses using Risk Management software

  • Delivering clear, actionable risk reporting and dashboards to senior leadership and stakeholders

  • Monitoring and reporting risk KPIs and ensuring quality standards are met


All about you

We value passion and attitude over experience. That's why we don't expect you to have every single skill. Instead, we've listed some that we think will help you succeed and grow in this role:

  • A Bachelor's degree in Engineering

  • 5-7 years of experience in risk management

  • Experience with Monte Carlo Risk Assessment tools

  • Proficiency in QCRA and QSRA for multi-million-dollar railway or infrastructure projects

  • Comprehensive understanding of risk management principles, methodologies, and tools

  • Strong analytical skills for risk and opportunity assessments

  • Project management experience

  • Good knowledge of railway products and systems

  • Experience working with internal processes (Tenders, Projects, Engineering, Industrial, Sourcing, Supply Chain, Quality, and their interfaces)

  • Excellent stakeholder management and collaboration skills

  • AACE Certified (DRMP)/PMI-RMP or IPMA-D, PMP certification is an asset


Things you'll enjoy Join us on a life-long transformative journey - the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You'll also:

  • Enjoy stability, challenges, and a long-term career free from boring daily routines

  • Work with new security standards for rail signalling

  • Collaborate with transverse teams and helpful colleagues

  • Contribute to innovative projects

  • Utilise our agile and collaborative working environment

  • Steer your career in whatever direction you choose across functions and countries

  • Benefit from our investment in your development, through award-winning learning

  • Progress towards leadership roles in risk management or project management

  • Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)

Compensation

The expected compensation for this role is $90,000 - $118,000 CAD per year, plus benefits and eligibility for an annual performance bonus. Final compensation will be based on skills, experience, and internal equity.

Use of Artificial Intelligence in Hiring

We do not use artificial intelligence in the recruiting process for this role.

Interview Process & Candidate Communication

Candidates who participate in an interview for this role will be informed of the hiring decision within 45 days of their final interview date.

This job posting represents an existing vacancy.

You don't need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you'll be proud. If you're up for the challenge, we'd love to hear from you!

Important to note

As a global business, we're an equal-opportunity employer that celebrates diversity across the 63  countries we operate in. We're committed to creating an inclusive workplace for everyone.


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