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Senior Operational Risk Analyst Jobs in Ontario (NOW HIRING)

Market Risk Analyst (5411)

Toronto, ON · On-site

CA$69K - CA$98K/yr

This individual will provide critical insights to senior management, helping shape strategic ... Maintain production procedures and operational controls supporting market risk reporting processes.

Market Risk Analyst (4181)

Toronto, ON · On-site

CA$69K - CA$98K/yr

Prepare and present risk reports to senior management. * Conduct stress tests and scenario analyses. * Ensure compliance with regulatory requirements. * Collaborate with trading businesses, Product ...

Audit, Risk & Compliance Provides governance, reporting, operational, and program coordination support for the AI Risk Specialty Area (AI RSA). Supports the execution of governance processes ...

Senior Capital Risk Analyst (5074)

Toronto, ON · On-site +1

CA$81K - CA$115K/yr

The Senior Capital Risk Analyst will contribute to the oversight of the Capital Risk Management activities that includes capital reporting, stress testing, limit calibrations and capital actions. Key ...

Senior Analyst - Cybersecurity (Risk Management & Compliance) Location: Krakow, Poland (Hybrid ... Prepare and communicate operational metrics and trend analysis for the Cybersecurity Leadership ...

Previous experience as a Fraud Analyst, Risk Analyst, Operations Specialist, Data Scientist, or Product Manager. Bachelor's degree in Engineering, Computer Science, Statistics, Finance, or a related ...

General Information Press space or enter keys to toggle section visibility Job Location * Toronto, ON Date Published 31-Aug-2026 Department Qualifications & Proposals Min Compensation 87 000 Max ...

Showing results 41-60

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 Sep 10, 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.

Market Risk Analyst (5411)

Toronto, ON • On-site

CA$69K - CA$98K/yr

Full-time

Posted 8 days ago


Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$69,700 - $98,400 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview

Market Risk (MR) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management and liquidity risk.Within MR, we are accountable for supporting TD Securities and TBSM business objectives in accordance with TD's risk appetite and regulatory expectations. MR provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent.

Position Overview

We are seeking an experienced and skilled Market Risk Analyst to join our dynamic Market Risk Management team. The successful candidate will play a pivotal role in assessing, analyzing, and managing market risks across various asset classes. This individual will provide critical insights to senior management, helping shape strategic decisions and ensuring the firm is well-positioned to manage market volatility and financial risks effectively.

Key Responsibilities:

Risk Measurement

  • Measure Market Risk consumption through the production, validation, and distribution of periodic market risk reports across credit strategies, ensuring timeliness, accuracy, and completeness.

  • Monitor key risk metrics including VaR, stress testing, sensitivities, concentration exposures, and limit utilization, escalating exceptions and anomalies as appropriate.

  • Investigate and resolve risk reporting discrepancies, data quality issues, and production breaks in collaboration with technology and market data team.

  • Maintain production procedures and operational controls supporting market risk reporting processes.

Risk Analytics & Market Monitoring

  • Analyze portfolio risk exposures, profit and loss attributions, and changes in risk sensitivities resulting from market movements and trading activities.

  • Monitor financial markets and provide concise commentary on significant developments across credit, rates, equities and other relevant asset classes.

  • Support stress testing, scenario analyses, and ad hoc risk investigations to assess potential impacts from changing market conditions.

  • Develop an understanding of trading strategies, valuation methodologies, and risk characteristics of financial products and derivatives.

  • Continuously build knowledge of existing and emerging market risks, regulatory developments, and industry trends.

Collaboration & Strategy

  • Work closely with the Front Office, Product Control and finance teams to identify and explain market risks within portfolios.

  • Collaborate with technology and risk infrastructure teams to identify, prioritize, test, and implement enhancements to market risk platforms, data feeds, reporting tools, and production processes.

Qualifications

Education: Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related field. A Master's degree or professional certifications (e.g., FRM, CFA) is preferred.

Experience:

  • Experience in risk analytics, portfolio management, and financial modeling.

  • Proven track record of working with financial instruments and derivatives.

Skills:

  • Proficiency in risk management tools, coding and software is nice to have (e.g. AI, Python, Bloomberg, Tableau, Microsoft Excel, etc.).

  • Expertise in quantitative analysis, statistics, financial modeling, and advanced Excel skills.

  • Strong understanding of risk metrics, such as VaR, stress testing, and scenario analysis.

  • Familiarity with financial regulations, including Basel III and Dodd-Frank.

  • Excellent communication (both written and spoken) and presentation skills, with the ability to translate complex technical information for various stakeholders.

Personal Attributes:

  • Strong analytical thinking and problem-solving abilities.

  • Attention to detail and ability to work under pressure in a fast-paced environment.

  • Ability to collaborate with cross-functional teams and influence decision-making.

  • Ability to demonstrate accountability, independence and taking initiatives

Why Join Us

  • Opportunity to work in a collaborative and high-impact environment.

  • Exposure to a wide range of financial products and market dynamics.

  • Competitive compensation and benefits package.

  • Professional development opportunities in risk management and financial markets.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.


Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.


Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet