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Senior Operational Risk Analyst Jobs in Toronto, ON

Senior Risk Manager

Markham, ON · On-site

CA$137K - CA$187K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... analysis, operational reviews, and senior leadership communication. * Ability to demonstrate good ... Drives risk related daily management routines, operational risk reviews, and performance tracking ...

Credit Risk Analyst II (5311)

Toronto, ON · On-site

CA$69K - CA$98K/yr

... operational risk. * Develop strong knowledge of IFRS 9 ACL methodologies, assumptions, and model ... analysis. * Collaborate effectively with cross-functional teams including Finance, Credit Risk ...

Senior Risk Manager

Markham, ON · On-site

CA$137K - CA$187K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... analysis, operational reviews, and senior leadership communication. Ability to demonstrate good ... Drives risk related daily management routines, operational risk reviews, and performance tracking ...

Senior Risk Manager

Markham, ON · On-site

CA$137K - CA$187K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... analysis, operational reviews, and senior leadership communication. * Ability to demonstrate good ... Drives risk related daily management routines, operational risk reviews, and performance tracking ...

IT Risk Management, Senior Analyst

Toronto, ON · Remote

  • Medical

  • Life

  • Retirement

  • PTO

Job Summary The Senior Analyst, Technology Risk supports the organization's Technology Risk and ... The role emphasizes execution, analysis, and operational support rather than enterprise-level risk ...

Quantitative Investment & Risk Analyst

Toronto, ON · On-site

  • Medical

  • Life

  • Retirement

  • PTO

Execute ad hoc deepdive analyses to support strategic initiatives, or address questions from senior ... Familiarity with factor-based risk platforms . * Experience with Tableau or similar visualization ...

Showing results 41-60

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.

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

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

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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.

Analyst / Senior Analyst, Investment Risk

HollisWealth

Toronto, ON • Hybrid

Full-time

Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

Job Description
Analyst or Senior Analyst, Investment Risk

Build the future with us


We are searching for an enthusiastic individual to join our fast-growing Investment Risk team to tackle new challenges in a continuous improvement environment.

As a member of the Investment Risk team, you will be contributing to the running, development, and maintenance of asset-liability, market, credit, liquidity and regulatory investment risk models and reports covering General and Investment Funds. Your work will ultimately be used to support the business and management in strategic decision-making. Additionally, you will be assisting in the build-out of our systems infrastructure to improve efficiency, automation, and insight-driven analysis.


What you'll accomplish with us


As an Analyst or Senior Analyst, Investment Risk you'll be at the core of our mission.

Here are the main responsibilities :


  • Run and improve efficiency of investment risk processes.
  • Maintain and develop investment risk models.
  • Design, specify, and support implementation of detailed risk reports and analysis consistent with the investment policy and other investment-risk-related policies.
  • Analyze risk metrics and provide insights to the team and our partners.
  • Contribute to a variety of complex strategic projects, mandates, and activities.
  • Contribute to the evaluation and implementation of risk management frameworks.
  • Implement risk management processes based on industry best practices.


What could accelerate your success in this role
We're looking for someone who:
  • Has 1 to 3 years of experience in the financial industry in an investment, risk or actuarial science role
  • Has a University degree in finance, actuarial science, or other related quantitative discipline.
  • Is known for their motivated, self-starter skills and comfortable building new tools and models
  • Stands out for their time management skills and ability to work under tight time deadlines
  • Demonstrates strong programming skills in Python.
  • Is recognized for their ability to work on a cross-functional team
  • Advanced level of French and English as the role involves communicating on a daily basis with French and English speakers accross the organization

Why you'll love working with us
  • A work environment where learning and development merge with a collective pursuit of excellence;
  • A healthy, safe, fair, and inclusive environment where potential can be freely expressed and developed;
  • The opportunity to work in a hybrid environment, supported by flexibility and access to inspiring and innovative workspaces;
  • Competitive benefits: Flexible group insurance, competitive pension plan, stock purchase plan, vacation and wellness/personal development days, telemedicine, employee and family assistance program, ergonomic furniture program, performance bonus, discounts on iA products, and much more!

The typical hiring range for this position is between 65 000$ and 90 000CAD per year; + bonus, the base salary offered may vary depending on knowledge, skills, years of experience, and internal equity related to the role. At iA, we are committed to offering a fair, equitable, and market-based compensation structure. Our market data is updated annually to reflect the most current market conditions.


Apply now and get ahead of your career, where your talent really belongs!Still unsure about applying?
At iA, we believe in potential and value diverse experiences. If this role inspires you, go ahead and apply - your place might be with us, and we want to get to know you!Location(s)Quebec / 1080, Grande Allee WestOther Possible Location(s)Montreal / 1981 McGill College AvenueToronto / 26 Wellington Street East
CompanyIndustrial Alliance Investment Management Inc.Posting End Date2026-08-17Company Overview

iA Financial Group* is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $200 billion in assets and half a billion invested in technological innovation, we're a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it's by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we're invested in you.

* iA Financial group includes of the following entities: iA Services financiers, iA assurance auto et habitation, iA Gestion privee de patrimoine, PPI Management, Investia, iA Gestion de placements, Prysm, iA Clarington, Michel Rheaume et associes, Garanties Nationales, WGI Manufacturing, WGI Service Plan Division, Lubrico, iA Financement auto Our Commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, please Contact us here. Someone from our team will be happy to assist you with your needs.