As required, serve as senior Risk Specialist for high-priority projects or programs * Risk Simulation Development, Modelling & Analysis * Serve as subject matter expert for development of cost and ...
As required, serve as senior Risk Specialist for high-priority projects or programs * Risk Simulation Development, Modelling & Analysis * Serve as subject matter expert for development of cost and ...
Senior Managers support both high-value and high-risk advisor offices through onsite visits and ... Strong analytical judgment with experience handling complex escalations and remediation.
Senior Managers support both high-value and high-risk advisor offices through onsite visits and ... Strong analytical judgment with experience handling complex escalations and remediation.
Manager, Model Risk Governance
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Reporting to the Senior Director, Risk Modelling, you will provide independent oversight of model ... Strong analytical and quantitative skills with the ability to understand and challenge complex ...
Manager, Model Risk Governance
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Senior Portfolio Manager, Regulated Power
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Senior Level Home District/Group: Kiewit Energy Canada District Department: Operational Finance ... Effectively use the right data, reports, and tools for risk analysis and benchmarking. Review all ...
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Senior Level Home District/Group: Kiewit Energy Canada District Department: Operational Finance ... Effectively use the right data, reports, and tools for risk analysis and benchmarking. Review all ...
Senior Digital Enablement Analyst About the Role We are seeking a Senior Digital Enablement Analyst ... Evaluate requests based on business value, readiness, risk, dependencies, and strategic priorities.
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Claims & Risk Manager
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Quick apply
Claims & Risk Manager
Calgary, AB · On-site +1
The Claims and Risk Manager plays a pivotal role in identifying, analyzing and mitigating risks ... Prepare comprehensive reports and presentations for senior management, board of directors and third ...
... senior management approval processes. * Direct accountability for the risk team's analysis, monitoring, & reporting function for multiple North American commodity trading activities including VaR ...
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CA$86K - CA$160K/yr
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Senior Risk Analyst information
See Alberta salary details
$51K - $60.5K
6% of jobs
$60.5K - $70K
13% of jobs
$79.1K is the 25th percentile. Wages below this are outliers.
$70K - $79.5K
6% of jobs
$79.5K - $89K
17% of jobs
The median wage is $94.1K / yr.
$89K - $98.5K
15% of jobs
$98.5K - $108K
13% of jobs
$116.3K is the 75th percentile. Wages above this are outliers.
$108K - $117.5K
6% of jobs
$117.5K - $127K
12% of jobs
$127K - $136.5K
11% of jobs
$136.5K - $146K
2% of jobs
$146K - $155.5K
0% of jobs
$51K
$102.6K
$155.5K
How much do senior risk analyst jobs pay per year?
What are the key skills and qualifications needed to thrive as a senior risk analyst?
How does a senior risk analyst typically collaborate with other departments to identify and mitigate risks?
How much do senior risk analysts get paid?
What is the difference between Senior Risk Analyst vs Risk Analyst?
| Aspect | Senior Risk Analyst | Risk Analyst |
|---|---|---|
| Required Credentials | Bachelor's degree, often certifications like FRM or CRM | Bachelor's degree, some certifications like FRM or CRM |
| Work Environment | Financial institutions, insurance companies, consulting firms | Financial firms, corporations, government agencies |
| Employer & Industry Usage | Used across finance, insurance, and consulting sectors | Common in finance, banking, and insurance industries |
The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.
What does a senior risk analyst do?

Full-time
PTO
Re-posted 4 days ago
Job description
Bruce Power is advancing Ontario's clean energy future and medical isotope innovation. From safely delivering clean, reliable power to families and businesses across the province and cancer-fighting medical isotopes around the world to supporting challenging and innovative nuclear projects like our multi-year Life Extension Program. Supporting this work onsite offers interesting and impactful opportunities.
We are seeking Risk Specialists and Risk Leads for contract opportunities at the Bruce Power site through a contract partner. These dynamic opportunities require individuals who thrive in a fast paced and integrated team environment.
Please apply if you are interested in an opportunity to work collaboratively while supporting various work programs for the following roles.
- Risk Specialist
- Risk Lead
As part of the Centre of Excellence, the Risk Specialist supports Integrated Project Teams to identify and analyze project risks and develop risk communication and behaviour observations. The role serves as the technical subject matter expert for Bruce Power's risk management systems and challenges project assumptions. It also supports the shift to analytics-driven risk management by delivering high-value insights across a diverse portfolio of construction and capital projects.
Key Responsibilities:
- Risk Analysis & Assessment
- Lead/support team-led probability and impact assessments using empirical data, benchmarks, and structured analytical frameworks
- Facilitate the assessment of current/target probability and impacts, and define SMART responses aligned to risk tolerance
- Challenge assumptions and bias to support objective, evidence-based evaluations
- Perform Quantitative Risk Assessments (QRAs), including cost and schedule risk modelling, across projects
- Quantitative Modelling & Analysis
- Develop cost/schedule simulations and interpret outputs to validate contingency
- Facilitate QRA ranging sessions on both cost and schedule and translate results for project teams and leaders
- Model distributions, sensitivities, and scenarios using cost/schedule tools
- Interpret simulation results to challenge deterministic plans, identify contingency gaps, and recommend adjustments
- Project & Estimating Support
- Embed risk management in the project lifecycle; facilitate risk workshops, brainstorming sessions, and risk identification meetings
- Maintain and audit risk registers for accuracy, completeness, and governance compliance
- Separate realized risks from unrealized forecast costs; support disciplined projections
- Support estimate peer reviews; validate risk assumptions and EMV/EU calculations
- Reporting & Communication
- Produce risk reports and executive summaries on weekly/monthly/month-end cycles
- Participate in IPTs, governance reviews (PGRs), constructability reviews, and risk workshops; monitor emerging risks/opportunities
- Advise teams on risk principles, tool use, and risk register best practices
- Portfolio Risk
- Assess vendor/supply chain risks (labour, currency, market volatility) across program/portfolio
- Identify systemic risks and partner with stakeholders on contingency and escalation plans
- Other duties as assigned
Education and Experience:
- Four-year university degree in a related field, plus post-graduate study in project management, or equivalent education
- Alternatively, 2+ years in a construction-related role (project coordination, cost control, scheduling, estimating, HSE, foreman/GF) or 2+ years in a junior risk role (or equivalent)
- Familiarity with PMI Project Management Body of Knowledge (PMBOK); certification by the Project Management Institute (PMI) as a Project or Program Management Professional (PMP, PgMP) (asset)
- Certification by the Project Management Institute (PMI) as a Risk Management Professional (PMI-RMP) and/or demonstrated familiarity with PMI approach to risk management (strong asset)
- Certification by the Association for Advancement of Cost Engineering International (AACEI) as a Risk Management Professional (DRMP) and/or familiarity with AACEI standards for risk, schedule, and cost management (strong asset)
- Hands-on experience with ARM (SWORD), @Risk, PRA, Acumen Risk, P6, advanced Excel, and PowerPoint (strong asset)
- Statistical knowledge (asset)
- Experience in a highly regulated environment, such as a nuclear facility (asset)
As part of the Centre of Excellence, the Risk Lead is a senior member of the project risk management team, who provides functional leadership to risk specialists and priority capital projects to ensure consistent application of project risk management practices.
Key Responsibilities:
- Ensure compliance with project risk management policies, plans, processes, and procedures
- Develop and implement risk management approaches at the project, program, and portfolio levels
- Provide analytical expertise to develop project, program, and portfolio risk profiles
- Develop, recommend, and monitor risk behaviour observations (reviewed at least annually)
- Standardize and implement risk management processes, including simulation output analysis
- Provide functional leadership and advice in project risk management practices
- Stay current on project risk management methodologies and best practices
- As required, serve as senior Risk Specialist for high-priority projects or programs
- Risk Simulation Development, Modelling & Analysis
- Serve as subject matter expert for development of cost and schedule risk simulations using @Risk, Primavera Risk Analysis, and Active Risk Manager
- Support risk, cost, and schedule ranging sessions with strong practical and theoretical expertise
- Build simulation models and continuously improve modelling efficiency using Bruce Power tools
- Interpret simulation results for project delivery organizations
- Coach and training risk specialists on interpreting results and key drivers behind simulation outputs
- Present period-over-period risk profile changes for major programs
- Reporting & Analytics
- Produce risk reports and executive summaries on weekly, monthly, and month-end cycles
- Participate in IPT meetings, governance reviews (PGRs), constructability reviews, and risk workshops; track emerging risks and opportunities
- Portfolio Risk
- Serve as subject matter expert for risk principles, tools, and risk register best practices
- Identify cross-PDO risk themes and partner with stakeholders to develop strategic response plans
- Risk Leadership & Influence
- Lead risk management within the Centre of Excellence; promote consistent practices across Integrated Project Teams and the portfolio
- Champion a proactive, analytics-driven risk culture and risk-informed decision-making
- Provide thought leadership on emerging practices and methods; translate into practical framework improvements
- Improve risk standards, tools, templates, and methods based on gaps, feedback, and industry best practices
- Mentorship & Coaching
- Mentor junior risk specialists and project teams on risk practices, including simulation development and interpretation
- Provide peer review and coaching on risk registers, probability and impact assessments, and QRA assumptions to build consistency
- Lead by example in facilitation and stakeholder engagement during high-consequence risk discussions
- Develop new practitioners through informal training, knowledge sharing, and reference materials
- Other duties as required
Education and Experience:
- Four-year university degree in a related field, plus post-graduate study in business management theory, project management, or equivalent education
- Familiarity with PMI Project Management Body of Knowledge (PMBOK); certification by the Project Management Institute (PMI) as a Project or Program Management Professional (PMP, PgMP) (asset)
- Certification by the Project Management Institute (PMI) as a Risk Management Professional (PMI-RMP) and/or demonstrated familiarity with PMI approach to risk management (strong asset)
- Certification by the Association for Advancement of Cost Engineering International (AACEI) as a Risk Management Professional (DRMP) and/or familiarity with AACEI standards for risk, schedule, and cost management (strong asset)
- Advanced knowledge of project risk management, quantitative methods, and statistical probability across project methodologies
- Ability to interpret and coordinate project risk model inputs, outputs, and related processes
- A period of 8 - 10 years is considered necessary to gain this experience
- Experience in a highly regulated environment, such as a nuclear facility (asset)
Are you ready for a change?
Please attach a cover letter and resume, indicating your education and experience as it relates to this opportunity. We look forward to receiving your application and will be in contact with you, should you be selected for an interview.
The successful candidate will be selected based on related and required education, experience, knowledge and skills, a competency-based interview, and background reference checks.
This posting is for contract opportunities and while no posting end date is indicated, it may close at any time, based on fulfillment of business needs.