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Senior Risk Analyst Jobs in Ontario (NOW HIRING)

What is the opportunity? We're seeking a Senior Risk Analyst to serve as the operational backbone of our risk management function. This role ensures the team stays on top of critical risk issues ...

Oracle Primavera Risk Analysis, Acumen Risk, etc.) and provide the interpretation of results (e.g. Distribution S Curve Graph, Sensitivity Analysis Tornado Chart and Deep Dive Schedule Logic ...

Provide a broad range of market risk analysis, reporting, monitoring and/or support to business ... Works independently as the senior technical lead and guides others within area of expertise

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We are seeking a Senior Cyber Security Risk Analyst to join our Toronto client's team. In this pivotal role, you will lead the creation of comprehensive cyber system risk reports, translating complex ...

Senior Risk and Reporting Analyst DUCA is looking for a Senior Risk and Reporting Analyst to join our dynamic team! Job Purpose & Summary The Senior Risk and Reporting Analyst is responsible for ...

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Senior Risk Analyst information

See Ontario salary details

$51K

$102.6K

$155.5K

How much do senior risk analyst jobs pay per year?

As of Jun 14, 2026, the average yearly pay for senior risk analyst in Ontario is $102,595.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,500.00 and $120,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Risk Analyst, and why are they important?

To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.

How does a Senior Risk Analyst typically collaborate with other departments to identify and mitigate risks?

Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.

How much does a senior risk analyst make in the US?

A senior risk analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CRM.

Do risk analysts make a lot of money?

Risk analysts typically earn a competitive salary that varies based on experience, education, and industry. According to industry data, the median annual salary for risk analysts is around $70,000 to $90,000, with higher earnings possible for senior or specialized roles. Certifications like FRM or CRM can also enhance earning potential.

What is the difference between Senior Risk Analyst vs Risk Analyst?

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon 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.

How much does a senior risk analyst earn?

A senior risk analyst typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

What does a senior risk analyst do?

A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.
What are the most commonly searched types of Risk Analyst jobs in Ontario? The most popular types of Risk Analyst jobs in Ontario are:
What are popular job titles related to Senior Risk Analyst jobs in Ontario? For Senior Risk Analyst jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Senior Risk Analyst jobs in Ontario look for? The top searched job categories for Senior Risk Analyst jobs in Ontario are:
What cities in Ontario are hiring for Senior Risk Analyst jobs? Cities in Ontario with the most Senior Risk Analyst job openings:
What are popular job titles related to Senior Risk Analyst jobs in ON? For Senior Risk Analyst jobs in ON, the most frequently searched job titles are:
Senior Risk Analyst

Senior Risk Analyst

Royal Bank of Canada

Toronto, ON • On-site

Full-time

Posted 17 hours ago


Job description

Job Description

What is the opportunity?

We're seeking a Senior Risk Analyst to serve as the operational backbone of our risk management function. This role ensures the team stays on top of critical risk issues, audit findings, compliance requirements, and certificate renewals by maintaining visibility, tracking timelines, and driving accountability.

The successful candidate will combine project management discipline with risk acumen to keep high-priority items moving forward, escalate issues appropriately, and ensure the team remains proactive in addressing risk exposure.

What will you do?

  • Risk & Compliance Tracking: Maintain comprehensive visibility of all pending risk items, audit findings, compliance issues, and certificate renewals; track status and deadlines

  • Weekly Monitoring & Communication: Conduct weekly touchpoints with team members to review pending items, identify blockers, and ensure awareness of high-priority, time-sensitive issues

  • Escalation Management: Escalate stalled or at-risk items through appropriate channels; identify course correction needs and facilitate approvals or remediation decisions

  • Project Coordination: Manages timelines for risk remediation and compliance activities; coordinate with relevant stakeholders to ensure timely completion

  • Issue Documentation: Document risk items, status updates, remediation progress, and resolutions; maintain organized tracking systems for audit trail and reporting

  • Accountability & Follow-Up: Follow up on outstanding action items; ensure team members understand deadlines and dependencies; track completion and communicate results

  • Reporting & Visibility: Prepare status reports and dashboards for management visibility; highlight critical issues requiring leadership attention or decision-making

  • Process Improvement: Identify opportunities to streamline risk tracking and compliance processes; implement tools or workflows to improve team efficiency

What do you need to succeed?

  • Degree or diploma in Business Administration, Finance, or transferable field

  • 3+ years of experience maintaining comprehensive visibility of pending risk items, audit findings, compliance issues, and certificate renewals; demonstrated track record tracking status and deadlines across complex, multi-threaded initiatives

  • 3+ years of experience escalating stalled or at-risk items through appropriate channels; demonstrated ability to identify course correction needs and facilitate approvals or remediation decisions in risk and compliance environments

  • Advanced Excel proficiency: Strong skills in data organization, tracking, pivot tables, and reporting; ability to build and maintain tracking dashboards and status reports

  • Risk reporting experience: Familiarity with risk metrics, status reporting formats, and communicating risk information to leadership and stakeholders

  • Certificate and compliance tracking: Experience managing certificate renewals, expiration tracking, and compliance deadlines; understanding of time-sensitive compliance requirements

  • Financial services experience: Familiarity with financial services risk and compliance landscapes; general understanding of audit, control environments, and risk remediation

  • Project management mindset: Proven ability to organize, prioritize, and track multiple concurrent initiatives; comfort with detailed planning and accountability


Nice to have:

  • Knowledge of financial services regulations or compliance frameworks

  • Familiarity with escalation procedures and governance frameworks

  • Experience with PowerBI, ServiceNow, or other enterprise tracking platforms

  • Knowledge of ISO standards or industry compliance requirements

What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

  • Leaders who support your development through coaching and managing opportunities

  • Ability to make a difference and lasting impact.

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Opportunities to do challenging work

  • Opportunities to take on progressively greater accountabilities

#LI-POST

#TECHPJ

Job Skills

Business Continuity and Disaster Recovery (BCDR), Cost-Benefit Analysis (CBA), Cyber Security Management, Firewall Management, Information Security Management, IT Network Security, Operational Delivery, Problem Management, Process Management, Threat Management

Additional Job Details

Address:

180 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-05-13

Application Deadline:

2026-06-17

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME