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Senior Operational Risk Analyst Jobs in Montreal, QC

... financial operations. We specialize in FX risk management and international payments, helping ... Market Analysis: Stay updated on global and regional economic developments and market trends to ...

Beyond alerts: help protect our security operations! What if your next investigation could stop a ... Design, improve, and tune detections, playbooks, and response processes to continuously reduce risk ...

... operations, analytics, technology, legal, compliance and translation to ensure campaigns are ... Job responsibilities : Risk Management & Compliance , in adhering to applicable compliance ...

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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 4, 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:

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.

Senior Risk Control Consultant, Equipment Breakdown & Engineered Risk Services

Cna

Montreal, QC

Full-time

Re-posted 11 hours ago


Job description

You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

Individual contributor responsible for leading risk control assessment, evaluation, consulting, and technical support on complex issues and assignments, with recognized expertise in a specialized product line or class of business. Operating under general management direction, this role functions within broad authority, requiring a high degree of technical complexity and cross-functional coordination, and may have regional, industry segment, or company-wide scope. The position is primarily responsible for implementing and administering Equipment Breakdown Risk Engineering activities in support of the Engineered Property Underwriting Group, in alignment with company underwriting guidelines and requirements.

JOB DESCRIPTION:

Essential Duties & Responsibilities

  • Coordinate and carry out risk control activities, including managing and organizing risk assessments and evaluations via desktop and onsite surveys, in accordance with Underwriting Utilization of Risk Control Guidelines.
  • Ensure that risk assessments and evaluations are completed for both renewal and new business within best practice timeframes.
  • Collaborate with Underwriting in the development of service plans and objectives for major Equipment Breakdown (EB) client accounts, and provide ongoing support as an acting account engineer.
  • Implement enterprise Equipment Breakdown Risk Control (EBRC) best practices in the assessment and evaluation of EB risks to support the selection and retention of profitable business.
  • Coordinate with the EBRC Regional Director to administer the CNA quality assurance program for in-service jurisdictional inspection requirements.
  • Collaborate with the EBRC Operations team to manage the jurisdictional needs of clients and underwriting, ensuring CNA remains in compliance with provincial regulations in both Ontario and Quebec.
  • Take a lead role, where appropriate, in developing, implementing, and monitoring risk control and risk improvement plans for accounts requiring high-level skills and/or expertise.
  • Conduct claims investigations of high-hazard risks, as required.
  • Assist in the development of new and innovative products and services, based on knowledge of emerging trends in EB coverage or specific SIC occupancies. Identify and research risk exposures to develop strategic solutions and remain current on industry issues and challenges.

May perform additional duties as assigned.

In all responsibilities and interactions, all employees are expected to adopt and align with CNA's Winning Behaviours: to be externally focused, accountable, collaborative, innovative, inclusive, and continuously learning.


Skills, Knowledge and Abilities

  • In-depth knowledge of boiler machinery and equipment breakdown risk exposure and control via assessment, particularly as they pertain to power generation (cogeneration, hydro, renewable energy, mining), as well as exposure to complex commercial and industrial occupancies.
  • Applies knowledge of risk control techniques and industry trends (including emerging issues and classes of business) to assess highly unusual loss potential and/or highly complex statutory violations, and recommend appropriate actions.
  • Deep industry knowledge in one or more specific NDE techniques.
  • Capable of developing consequential and indirect damage assessments and evaluations, including loss estimates (MFL, PML, NLE) for equipment breakdown objects and machinery.
  • Ability to complete investigations on very high-value objects and indirect loss exposures.
  • Proven track record of effectively engaging with Risk Managers, Senior Engineers, Brokers, and regulatory officials.
  • Strong communication and teamwork skills, with well-developed analytical, technical, and organizational capabilities.
  • Strong knowledge of Microsoft Office Suite and other enterprise business tools, including responsible use of AIenabled technologies (such as Copilot or similar) to enhance efficiency, analysis and workflow in accordance with company policies.
  • Strong report writing skills.
  • Valid driver's license and access to a reliable vehicle.


Education and Experience

  • University/College Bachelor's Degree or Diploma in Engineering, Technology, or Science (Mechanical, Electrical, or Civil).
  • Sound knowledge of applicable risk control engineering standards, with the ability to recognize risk hazards and protective measures associated with power generation (cogeneration, hydro, renewable energy, mining), as well as complex commercial and industrial occupancies.
  • Minimum of 7-10 years of relevant field inspection and assessment experience, combined with account engineering of equipment breakdown risks.
  • Ideally holds, or is working toward, an Ontario Certificate of Competency for the inspection of boilers and pressure vessels, as well as an active National Board Commission.
  • Extensive knowledge and application of the ASME Boiler & Pressure Vessel Code, National Board Inspection Code, and applicable provincial laws, regulations, and standards related to the maintenance, inspection/testing, and protection of equipment and electrical systems.
  • Ability to review and provide input on the appropriateness of specific repairs and alterations for large and highly complex pressure equipment.
  • Ability to climb ladders of varying heights and enter confined spaces.
  • Ability and willingness to travel primarily throughout Canada, with occasional travel to the United States.

Our Total Rewards philosophy reflects our commitment to building a high-performing, inclusive culture where every team member is empowered to grow, contribute, and thrive. We value the unique strengths and perspectives each individual brings to our business, our clients, and our communities. The base salary range for this position is $100,000 to $140,000, complemented by a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional, and social wellbeing goals. Base salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Please note that this posting is for an existing vacancy.

At CNA, we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicant's accessibility needs.