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Senior Operational Risk Analyst Jobs in Calgary, AB

Clio

Senior CorpSec Analyst

Calgary, AB

  • Medical

  • Dental

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What You'll Do Build & Run - Technical & Operational The role has senior technical expectations ... Comfortable jumping onto due-diligence calls if Compliance requires assistance with customer Risk ...

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Senior Operational Risk Analyst information

See Calgary, AB salary details

$16

$49

$74

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

As of Aug 19, 2026, the average hourly pay for senior operational risk analyst in Calgary, AB 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 Calgary, AB?

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

What job categories do people searching Senior Operational Risk Analyst jobs in Calgary, AB look for?

The top searched job categories for Senior Operational Risk Analyst jobs in Calgary, AB are:

Senior Operational Risk Analyst jobs near you
Infographic showing various Senior Operational Risk Analyst job openings in Calgary, AB as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $102,250 per year, or $49.2 per hour.

Claims & Risk Manager

Cando Rail & Terminals LP

Calgary, AB • On-site, Remote

Full-time

Re-posted 4 days ago

Job description

Reporting to Cando’s Chief Legal Officer, the Claims and Risk Manager is part of a growing risk management function responsible for the development, implementation and management of a comprehensive enterprise-wide risk management program to effectively manage corporate risk via insurance and other risk management strategies. The Claims and Risk Manager plays a pivotal role in identifying, analyzing and mitigating risks inherent to operations and works closely with a variety of Cando departments, including Safety, Environmental and Regulatory, Mechanical and Equipment, Finance and People. We are looking for an individual who is a strategic thinker with a robust understanding of risk management practices applicable to the rail industry. This position requires strong leadership, problem solving, decision making and communication skills.

Cando is North America’s largest owners and operators of a coast-to-coast network of first and last mile rail infrastructure. We provide a wide range of specialized rail operating services including short line operations, industrial switching, material handling, terminal & transload services, and more.

Cando Advantages
  • Flexible Location with Hybrid or Remote Options Available
  • Award Winning Safety Culture & Best Managed Company
  • Comprehensive Benefit and Retirement Package
  • Cando’s Technical and Leadership Training Programs
Essential Functions & Responsibilities include:
  • Develop, implement and manage a comprehensive enterprise-wide risk management program to effectively mitigate corporate risk via insurance and other risk management strategies.
  • Manage Cando’s insurance program, including compilation of underwriting information, policy renewals, certificate management, claims reporting / administration and coordinating with brokers, adjusters and insurers as necessary.
  • Manage workers’ compensation claims in conjunction with HR and Service Delivery.
  • Receive and triage claims as reported across all functional areas, including coordination of all claims-related activities and resolution of bona fide claims within retentions where appropriate.
  • Implement and oversee internal processes to ensure the proper and efficient handling of claims.
  • Manage relationships with third party service providers including brokers, insurers and other TPAs.
  • Prepare loss analyses and budgets, identify exposures, recommend solutions, implement approved risk management strategies, promote loss prevention, update and monitor compliance with insurance procedures.
  • Conduct thorough risk assessments to identify areas of vulnerability and recommend appropriate risk mitigation measures.
  • Collaborate with internal stakeholders to establish risk management protocols and promote a culture of risk awareness and compliance.
  • Develop standards for insurance requirements in contracts (both from a supplier and customer perspective) and provide review, guidance and negotiation related to insurance requirements where required to ensure third-party risk considerations are appropriately addressed.
  • Stay current with industry trends, regulations and best practices related to risk management and insurance.
  • Develop and deliver training programs to enhance internal risk management knowledge and practices.
  • Prepare comprehensive reports and presentations for senior management, board of directors and third-party stakeholders as required.
  • Participate in training or corporate initiatives as
Skills, Knowledge, & Abilities
  • Experience as a Claims and Risk Manager or similar role dealing with risk management and insurance programs within a large organization.
  • Knowledge and understanding of risk assessment techniques, commercial insurance policies and claims handling procedures.
  • Knowledge of relevant laws, regulations and industry standards related to the rail industry, risk management, compliance and insurance.
  • Strong analytical and problem-solving skills, with the ability to evaluate complex data and provide actionable recommendations.
  • Strong communication and interpersonal skills to effectively collaborate with various stakeholders at all levels of the organization.
  • Ability to negotiate and create positive relationships with insurance brokers, carriers and other risk management service providers.
  • Detail oriented with strong organizational and time management skills.
  • Experience working with employees and the applicable agencies to ensure employees safe and timely return to work after workplace injuries
  • Experience with risk management software and tools.
  • Advanced proficiency in Microsoft Office products and other data analysis tools.
  • Ability to work independently and as part of a team.
Education & Experience
  • Bachelor's degree in Risk Management, Finance, Business Administration, or related field.
  • Professional certification(s) such as CRM, ARM, or CPCU are
  • Previous experience in a heavy industrial environment or within the rail industry is

Note: This description is not intended to limit the assignment of work or be construed as a complete list of the many duties to be performed by the incumbent. The qualifications are provided so interested candidates understand of the level of expertise required.