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Senior Operational Risk Analyst Jobs in Toronto, ON

Risk Analyst I

Toronto, ON · Hybrid

CA$57K - CA$98K/yr

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)

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 ...

... 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 ...

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 ...

New

... Market Risk (LMR) processes. The ideal candidate will bring strong programming and analytical ... senior management * Support efforts to align AI initiatives with broader enterprise initiatives

New

Sr Credit Risk Analyst

Toronto, ON · On-site

CA$61K - CA$113K/yr

Defines business requirements to inform technology build and operations by sourcing and analyzing ... Take measured risks while protecting the bank by applying our Risk Management Framework in the ...

Showing results 21-40

Senior Operational Risk Analyst information

See Toronto, ON salary details

$15

$46

$71

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 Toronto, ON is $46.91, according to ZipRecruiter salary data. Most workers in this role earn between $36.71 and $61.94 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 Toronto, ON?

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

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

The top searched job categories for Senior Operational Risk Analyst jobs in Toronto, ON are:

What cities near Toronto, ON are hiring for Senior Operational Risk Analyst jobs?

Cities near Toronto, ON with the most Senior Operational Risk Analyst job openings:

Infographic showing various Senior Operational Risk Analyst job openings in Toronto, ON 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 $97,581 per year, or $46.9 per hour.

Risk Analyst I

Everest Re Group

Toronto, ON • Hybrid

CA$57K - CA$98K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago


Job description

Title:

Risk Analyst I

Company:

Everest Global Services, Inc.

Job Category:

Risk Management

Job Description:

Risk Analyst I - Exposure Management

About Everest

Everest is a global leader in risk management, built on a rich 50+ year heritage of helping businesses survive and thrive while enabling economies to function and flourish. We are underwriters of risk, growth, progress, and opportunity.

Our global team is focused on disciplined capital allocation and long-term value creation for all stakeholders. We care deeply about the impact we have on our communities, our clients, and the world around us.

Job Summary

The Exposure Management Risk Analyst will support the Group Exposure Management and Enterprise Risk Management (ERM) teams by assisting with the analysis, aggregation, and reporting of exposure data across key risk classes, including Aviation, Cyber, Energy, Marine, Natural Catastrophe, Terrorism, and Credit/Surety risks.

This role supports ongoing risk monitoring, modeling, and regulatory reporting activities, contributing to the effective management of aggregate exposures in alignment with the Company's risk appetite and strategic objectives.

The position offers exposure to a global, multi-line portfolio within a collaborative and growing environment. 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 leaders across natural catastrophe, specialty lines, and enterprise risk functions.

This is a hybrid position based in either Toronto, ON or Warren, NJ, requiring 3 days in the office and 2 days remote each week.

Responsibilities

  • Prepare, consolidate, validate, and analyze exposure data across Insurance and Reinsurance portfolios.
  • Develop reports, presentations, and management summaries for internal stakeholders and regulatory reporting requirements.
  • Support accumulation and exposure analyses across Property, Terrorism, Aviation, Cyber, and Workers' Compensation portfolios using catastrophe modeling tools as part of enterprise-wide risk assessments.
  • Support Credit and Surety accumulation monitoring processes, including data preparation, validation, and review of aggregation results.
  • Maintain and enhance dashboards, reporting tools, and analytical processes used for ongoing exposure monitoring and risk reporting.
  • Collaborate with Exposure Management, ERM, Underwriting, and other internal stakeholders to analyze, interpret, and communicate risk insights effectively.
  • Participate in ad hoc analytical projects aimed at strengthening Exposure Management and ERM methodologies, capabilities, and reporting processes.

Required Qualifications

  • Bachelor's degree in Risk Management, Actuarial Science, Finance, Economics, Mathematics, Statistics, Data Analytics, Engineering, or a related quantitative discipline.
  • 1-3 years of experience in risk management, exposure management, insurance analytics, catastrophe modeling, or a related field.
  • Strong understanding of multi-line exposure management across key insurance and reinsurance risk classes.
  • Demonstrated ability to prioritize multiple assignments and meet deadlines in a fast-paced environment.
  • Strong analytical and critical thinking skills, with the ability to assess data quality and independently resolve issues.
  • Ability to translate complex analytical results into clear, actionable insights for underwriting, ERM, and senior leadership stakeholders.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Working knowledge of SQL and/or Python; experience with additional programming languages is a plus.
  • Excellent written, verbal, and presentation skills.

Preferred Qualifications

  • Experience with catastrophe modeling platforms such as Moody's RMS or Verisk AIR.
  • Experience with portfolio accumulation management, exposure analytics, or enterprise risk management.
  • Knowledge of insurance and reinsurance products across property and specialty lines.

Compensation & Benefits

The base salary range for this position is $57,000-$98,000 annually. Compensation will be determined based on factors including education, experience, qualifications, and work location.

Everest offers a comprehensive benefits package, including:

  • Medical, dental, and vision insurance
  • Employee wellness programs
  • Life and disability insurance
  • 401(k) with company match
  • Retirement savings plans
  • Paid holidays
  • Paid time off (PTO)

What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

  • Our Valuesare the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

Toronto - Reinsurance Canada

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

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