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Senior Operational Risk Analyst Jobs in Ontario (NOW HIRING)

Oracle Primavera Risk Analysis, Acumen Risk, etc.) and provide the interpretation of results (e.g. Distribution S Curve Graph, Sensitivity Analysis Tornado Chart and Deep Dive Schedule Logic ...

Strong analytical and organizational skills, with a track record of delivering clear, practical, and actionable risk insights to senior leadership * Ability to design and lead collaborative risk ...

DEPARTMENT OVERVIEW Operational Risk Management ("ORM") is accountable for the design and ... and the results of analysis to inform/influence decision making at senior levels * Builds ...

Risk Analyst I

Toronto, ON · Hybrid

CA$57K - CA$98K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The successful candidate will gain hands-on experience with exposure management analytics, catastrophe modeling tools, and data-driven risk assessment while partnering closely with senior risk ...

You will lead operations that are fiscally and ethically viable, influencing the achievement of ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

You will lead operations that are fiscally and ethically viable, influencing the achievement of ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

Risk Analyst (Credit Risk)

Mississauga, ON · On-site

CA$70K - CA$82K/yr

You will assist the Senior Manager, Risk and Analytics, in developing, implementing, and managing ... and operational changes on delinquency and charge off levels. * Assist Risk and Analytics ...

We are looking for an energetic, sharp, and forward-thinking Risk Analyst to join our Risk ... of GFL's operational stability. In this role, you will dive deep into the world of corporate ...

Risk Analyst (Credit Risk)

Mississauga, ON · On-site

CA$70K - CA$82K/yr

You will assist the Senior Manager, Risk and Analytics, in developing, implementing, and managing ... and operational changes on delinquency and charge off levels. * Assist Risk and Analytics ...

Fraud & Risk Analyst

Toronto, ON

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

... and operations. This individual is responsible for investigating and developing solutions to ... The Senior Analyst will define fraud prevention measures that are mindful of the impact on good ...

Credit Risk Analyst

Concord, ON

CA$70K - CA$90K/yr

  • Medical

  • Dental

  • Vision

Business owners can reinvest time and cashflow into their operations, helping them grow, stay ... for senior management. * Collaborate with the Sales team to understand client needs and offer ...

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Showing results 21-40

Senior Operational Risk Analyst information

See Ontario salary details

$16

$49

$74

How much do senior operational risk analyst jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for senior operational risk analyst in Ontario is $49.16, according to ZipRecruiter salary data. Most workers in this role earn between $38.46 and $64.90 per hour, depending on experience, location, and employer.

What does a senior operational risk analyst do?

A Senior Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect an organization’s operations. They analyze internal processes, monitor compliance with regulations, and develop strategies to minimize potential losses or disruptions. In this role, they collaborate with various departments to ensure effective risk management and provide recommendations for improving controls. Their expertise helps protect the organization from financial, reputational, and operational harm.

How does a senior operational risk analyst typically collaborate with other departments to identify and mitigate risks?

A Senior Operational Risk Analyst works closely with departments such as compliance, internal audit, IT, and business units to identify, assess, and monitor operational risks. This collaboration often involves regular meetings, risk workshops, and sharing of data or incident reports to ensure all potential risks are captured and managed effectively. The analyst also helps develop and implement risk mitigation strategies, offering guidance and training to staff across teams. Effective communication and relationship-building are essential, as the role often requires balancing diverse perspectives to support the organization's risk management objectives.

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

A Senior Operational Risk Analyst must have strong analytical skills, in-depth knowledge of risk management frameworks, and a relevant degree such as finance, business, or risk management. Proficiency with risk assessment software, data analytics tools (like SAS or Excel), and certifications such as FRM or ORM are commonly required. Outstanding communication, attention to detail, and problem-solving abilities help them collaborate effectively and deliver actionable insights. These skills ensure accurate risk identification, effective mitigation strategies, and compliance with regulatory standards.

What is the difference between Senior Operational Risk Analyst vs Operational Risk Analyst?

AspectSenior Operational Risk AnalystOperational Risk Analyst
Required CredentialsBachelor's degree, professional certifications (e.g., ORM, FRM)Bachelor's degree, some certifications preferred
Work EnvironmentFinancial institutions, large corporations, risk management teamsFinancial firms, banks, insurance companies
Employer & Industry UsageUsed in senior roles within risk departmentsEntry to mid-level roles in risk management
Common Search & ComparisonOften compared for career progressionBase role for operational risk careers

The main difference between a Senior Operational Risk Analyst and an Operational Risk Analyst lies in experience, responsibilities, and seniority. The senior role typically involves more complex risk assessments, leadership, and strategic input, while the operational risk analyst focuses on data collection, analysis, and supporting risk management processes. Both roles are essential in financial and corporate sectors, with the senior position representing a step up in expertise and scope.

What are popular job titles related to Senior Operational Risk Analyst jobs in Ontario?

For Senior Operational Risk Analyst jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Senior Operational Risk Analyst jobs in Ontario look for?

The top searched job categories for Senior Operational Risk Analyst jobs in Ontario are:

What cities in Ontario are hiring for Senior Operational Risk Analyst jobs?

Cities in Ontario with the most Senior Operational Risk Analyst job openings:

Infographic showing various Senior Operational Risk Analyst job openings in Ontario as of August 2026, with employment types broken down into 79% Full Time, 19% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $102,250 per year, or $49.2 per hour.

Senior Risk Analyst

SYSTRA

Toronto, ON • On-site

Full-time

Re-posted 22 days ago


Job description

SYSTRA Canada is part of the SYSTRA group, an international consulting and engineering group, a world leader in the design of transport infrastructures. SYSTRA Canada is an engineering and consulting firm whose primary focus is to offer transportation solutions, whether for passengers or goods: feasibility studies of building a new railway line, increasing the capacity of the existing infrastructure, privatization of a railway.

Understand better who we are by visiting www.systracanada.com.


This role will be supporting the Risk team on various projects


  • Assist with the implementation and management of risk management services per the mission and goals of projects and programs from inception through to completion 
  • Ensure that work is fully supported from a consulting standpoint in an integrated, compliant, efficient, and cost-effective manner 
  • Finalize the budget and operating or delivery plan for the risk management services in consultation with the project or program team and client 
  • Provide the final review and approval of the completed material planning to successfully deliver risk management services 
  • Review changes and interventions to ensure risk management service goals are achieved on the project or program 
  • Facilitate various project focus or function meetings with a spotlight on service initiatives 
  • Set and interpret service expectations while delegating and managing deliverables with team members 
  • Build and maintain a positive, high-performing team culture with an openness to constructive challenge, continuous improvement, implementation of lessons learned, and an overall ‘right-first-time” mindset 
  • Reinforce acceptable standards of workmanship through every stage of the project 
  • Supervise and guide clear and focused staff performance objectives (including noncompany resources) to ensure excellence in results 
  • Promote a project environment that is inclusive, and diverse and celebrates our differences 
  • Clarify internal quality control check and resolve quality issues for the project 
  • Prepare procedures and work instructions and ensure that all program team members 
  • Comply with the risk management plan, procedures, and requirements of the assigned scope of work 
  • Develop risk breakdown structure aligned with project WBS and CBS 
  • Prepare risk training materials and train the project team on the principles of risk 
  • Evaluate risk registers at the project and program level, ensuring quality standards are met 
  • 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. Distribution S Curve Graph, Sensitivity Analysis Tornado Chart and Deep Dive Schedule Logic) 
  • Follow up with risk owners to ensure the mitigation actions are on track, including escalation where required 
  • Review contractor progress reports and identify the risks impacting project cost and schedule and reflect them in the risk register 
  • Work closely with scheduling to prepare a high-level schedule (or assess detailed schedules) to be used for quantitative schedule risk analysis and define the link between risks, duration uncertainties, and schedule activities 
  • Liaise with cost to monitor project contingency utilization and alignment with cost risk exposures 

  • Minimum of 8 years of experience in Risk Management 
  • Bachelor’s degree in a relevant field 
  • Holding recognized certifications including Risk Management Professional (RMP) and Project Management Professional (PMP) or eligible 
  • Experience of effective risk leadership on complex construction projects. 
  • Comprehensive knowledge of risk tools, techniques, and software 

SYSTRA Canada is committed to having a diverse and inclusive workforce. We are an Equal Opportunity Employer that values applications from all and offers employment equity based on the merits and abilities of candidates and personnel.

Note: In this description, the masculine gender is used for easy reading purposes and includes the feminine.

We use AI-enabled tools in our recruitment platform (iCIMS) for tasks like resume parsing and candidate matching. These tools do not make hiring decisions; all applications are reviewed by a human recruiter, and final decisions are made by our hiring team.

For questions about our hiring process or AI tools, please contact infocanada@systra.com.


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