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Senior Risk Analyst Jobs in Ontario (NOW HIRING)

... 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

Market Risk Analyst (4181)

Toronto, ON · On-site

CA$69K - CA$98K/yr

Prepare and present risk reports to senior management. * Conduct stress tests and scenario analyses. * Ensure compliance with regulatory requirements. * Collaborate with trading businesses, Product ...

New

Senior Analyst, Asset Liability Management (ALM) & Market Risk - (8 Month Contract) DUCA is looking for a Senior Analyst, Asset Liability Management (ALM) & Market Risk to join our growing team! Job ...

Senior Operational Risk Analyst , Business Continuity & Operational Resilience DUCA is looking for a Senior Operational Risk Analyst , Business Continuity & Operational Resilience to join our growing ...

Senior Regulatory Analyst At AIG, we are reimagining the way we help customers to manage risk. Join ... Make your mark in Risk Management How you will create an impact * Ownership of statistical ...

Showing results 41-60

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 Aug 23, 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?

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.

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.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. According to industry data, the median annual wage for risk analysts is around $80,000, with experienced professionals earning over $100,000. Certifications like FRM or CRM can enhance earning potential, and strong analytical skills are essential in this role.

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.

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 is the salary of a senior risk analyst?

The salary of a senior risk analyst typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. They often require strong analytical skills and proficiency with risk management tools and software.

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:

Infographic showing various Senior Risk Analyst job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $102,595 per year, or $49.3 per hour.

Market Risk Analyst

Royal Bank of Canada

Toronto, ON • On-site

Full-time

Posted 8 days ago


Job description

Job Description

What is the opportunity?

This role will focus on helping define and build the AI landscape within Market Risk North America, ensuring alignment with enterprise objectives, and supporting the enhancement of Local Market Risk (LMR) processes. The ideal candidate will bring strong programming and analytical skills, a keen attention to detail, and the ability to collaborate effectively with cross-functional teams in a dynamic environment.

What will you do?

  • Contribute to the improvement of LMR infrastructure by identifying opportunities for data standardization and centralization
  • Assist in building AI tools to enhance risk managers' risk assessment capabilities
  • Assist in developing AI strategy and contribute to project planning
  • Review existing market risk processes and identify pain points / opportunities to use AI to improve the processes.
  • Work closely with IT to support the development and refinement of reporting-related processes
  • Create clear and concise written communications and presentation materials on project progresses for committee meetings, working groups, and senior management
  • Support efforts to align AI initiatives with broader enterprise initiatives
  • Collaborate with teams across Group Risk Management (GRM) to share relevant tools and information with the LMR team

What do you need to succeed?

  • Bachelor's degree in finance, Economics, Mathematics, Data Science, or a related field.
  • 1-2 years of experience at an Investment Bank with exposure to market risk and knowledge of trading products
  • Experience working with large language models programmatically, including developing agentic AI applications with understanding of agent architectures (tool use, planning, memory) and hands-on implementation
  • Comfortable working in a team codebase: version control with Git, pull requests, code reviews, and CI/CD awareness
  • Strong communication skills, with the ability to create clear documentation and presentations.
  • Autonomous & highly motivated with ability to multi-task productively and work independently and collaboratively

Nice to Have

  • Experience with stress testing, VaR, or scenario analysis preferred; Knowledge of Market Risk modelling preferred
  • Proficiency in Python and SQL; Experience with TypeScript or similar typed languages preferred
  • Strong analytical skills, with the ability to work with large data sets and identify trends or issues.

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
  • A world-class training program in financial services
  • Flexible work/life balance options
  • Opportunities to do challenging work

Job Skills

Business Performance Management, Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Management Systems, Investment Performance Measurement, Investment Risk Management, Market Analysis, Market Risk, Performance Management (PM), Risk Management, System Applications

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-13

Application Deadline:

2026-08-28

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