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Senior Operational Risk Analyst Jobs in Montreal, QC

BITS Recruiting

Credit Risk Analyst

Montreal, QC · On-site

Work closely with Relationship Managers, Traders, Market Risk, Legal and Operations teams. * Review ... Strong analytical, communication and organizational skills. * Ability to confidently communicate ...

Fairstone

Senior Business Risk Manager

Montreal, QC · On-site

Join Home Trust as a Senior Business Risk Manager, reporting to Director, Strategy and ... Analyze trends and risk signals to proactively identify areas of heightened exposure. Operational ...

Manulife

Senior Analyst, Model Risk Management

Montreal, QC · Hybrid

CA$65K - CA$109K/yr

The Senior Analyst, Model Risk Management is a member of the Group Model Risk Management team, which is responsible for validating models related to economic capital, Asset Liability Management (ALM ...

Scotiabank

Senior Manager, Risk

Brossard, QC · On-site

Supports effective and efficient operations of his/her respective areas, while ensuring the ... Minimum of 5 years of experience in financial analysis or credit adjudication. * Minimum Post ...

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Senior Operational Risk Analyst information

See Montreal, QC salary details

$16

$49

$74

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

As of Sep 3, 2026, the average hourly pay for senior operational risk analyst in Montreal, QC is $49.02, according to ZipRecruiter salary data. Most workers in this role earn between $38.35 and $64.72 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 Montreal, QC?

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

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

The top searched job categories for Senior Operational Risk Analyst jobs in Montreal, QC are:

Senior Operational Risk Analyst jobs near you
Infographic showing various Senior Operational Risk Analyst job openings in Montreal, QC 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 $101,962 per year, or $49 per hour.

Credit Risk Analyst

BITS Recruiting

Montreal, QC • On-site

Full-time

Posted 17 days ago

Job description

Contract: 12 months

We are looking for a Credit Risk Analyst to support credit analysis and risk management for financial institution clients, with a focus on asset managers, regulated funds and capital markets transactions.

Key Responsibilities

  • Prepare and present annual credit reviews and new credit requests to Credit Committees.

  • Perform detailed counterparty and peer analysis and provide credit recommendations.

  • Analyze capital markets transactions including derivatives, FX, swaps, repo, securities lending and prime services.

  • Review credit exposures, excesses and counterparty risk.

  • Work closely with Relationship Managers, Traders, Market Risk, Legal and Operations teams.

  • Review credit-sensitive legal documentation and support agreements such as ISDA/CSA, GMRA/PSA and SLMA.

  • Coordinate credit risk processes and ensure data quality and regulatory compliance.

  • Monitor industry, credit, regulatory and legal trends.

Requirements

  • Bachelor's degree in Finance, Economics or a related field.

  • 1–3 years of experience in capital markets or credit risk analysis.

  • Strong analytical, communication and organizational skills.

  • Ability to confidently communicate credit opinions and recommendations.

  • Strong MS Word and Excel skills.

  • Knowledge of capital markets products and related legal documentation is preferred.

  • MS, MBA, CFA or FRM is an asset.

?? Interested? Apply now or message me directly for more details.

AI-enabled tools may be used to sort applications based on job-related criteria. All AI generated results are vetted by our team and the decision of which candidates move forward is always made by a human.

 

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