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Senior Risk Analyst Jobs in Caledonia, ON (NOW HIRING)

Liberty

Analyst III, Counterparty Credit Risk

Oakville, ON · Hybrid

CA$90K - CA$120K/yr

Purpose The Senior Credit Analyst supports Algonquin Power & Utilities Corp.'s and its Subsidiaries Treasury function by conducting advanced credit risk assessments, monitoring and reporting ...

Kiewit Corporation

Senior Scheduler

Oakville, ON

Senior Level Home District/Group: Kiewit Nuclear Solutions Department: Project Controls Market ... Conduct thorough critical path method (CPM) analyses along with variance, risk, and contingency ...

Enbridge

Senior Claims Analyst

Saint Catharines, ON · On-site

CA$72K - CA$97K/yr

Collaborate with a wide variety of stakeholders like Operations, Legal, Risk, Insurance ... Strong analytical and problem-solving abilities with the capability to interpret technical records ...

Enbridge

Senior Claims Analyst

Brantford, ON · On-site

CA$72K - CA$97K/yr

Collaborate with a wide variety of stakeholders like Operations, Legal, Risk, Insurance ... Strong analytical and problem-solving abilities with the capability to interpret technical records ...

Alberici Canada

Senior Estimator

Burlington, ON

Alberici Constructors Ltd. is seeking a Senior Estimator to join our growing team! This role is ... Identifies and quantifies potential project risks and assists management with risk analysis. Pre ...

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Senior Risk Analyst information

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 cities near Caledonia, ON are hiring for Senior Risk Analyst jobs?

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

Senior Risk Analyst jobs near you

Analyst III, Counterparty Credit Risk

Liberty

Oakville, ON • Hybrid

CA$90K - CA$120K/yr

Full-time

Medical, PTO

Re-posted 24 days ago

Job description

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, reliable, and cost-effective energy and water solutions through our portfolio of utility investments to over one million customer connections, largely in the United States and Canada.

 

At Algonquin, our vision is to be the most trusted utility service provider in North America – a premium regulated utility, known for our customer focus, commitment to sustainability, and strong community partnerships. Our employees are at the heart of that vision. We believe that when people are empowered to learn, grow, and contribute their ideas, we can achieve remarkable results together.

 

We are building a culture that values integrity, inclusivity, and innovation. By joining Algonquin, you’ll be part of a team that is shaping the future of energy and water, while creating long-term value for our customers, communities, employees, and shareholders.

Purpose

The Senior Credit Analyst supports Algonquin Power & Utilities Corp.’s and its Subsidiaries Treasury function by conducting advanced credit risk assessments, monitoring and reporting counterparty exposure, and ensuring compliance with internal credit policies and governance framework. The role provides analytical insights on counterparties to support financing activities, commodity trading, capital markets transactions, and vendor/customer credit decisions. This role provides subject matter expertise, supports risk governance and decision making, and contributes to the ongoing development of counterparty credit risk frameworks, limits, and controls
This position enhances the company’s financial risk management framework by evaluating creditworthiness, recommending, reporting and monitoring credit limits, and supporting treasury operations with high‑quality analysis and reporting.

#LI-Hybrid

Accountabilities
  • Perform detailed credit analysis of counterparties using financial statements, ratios, cash‑flow analysis, and qualitative risk factors.
  • Assign and recommend internal risk ratings and exposure limits in accordance with approved credit risk policies.
  • Conduct ongoing surveillance of counterparty portfolios and identify emerging risks, trends, or limit exceptions.
  • Assess credit risk associated with new counterparties, products, transactions, and business initiatives.
  • Prepare clear, concise credit risk reports and presentations for senior management and risk or credit committees.
  • Track, document, and support governance actions, including limit approvals, exceptions, and remediation plans.
  • Support internal and external audits and regulatory reviews related to counterparty credit risk.
  • Lead exposure monitoring and reporting, collateral management, and compliance with credit policies
  • Support capital planning an procurement activities by assessing counterparty strength.
  • Communicate credit findings to internal teams (Treasury, Finance, Procurement, Energy Trading, Legal, Risk and Audit); to resolve credit issues, limit excesses or structural mitigants.
  • Collaborate with external partners such as rating agencies, banks, and counterparties, as required
  • Influence decision‑making through clear, data‑driven recommendations.
  • Partner with business teams on onboarding new counterparties and reviewing changes to existing relationships.
  • Develop, maintain and distribute supplement to any Credit Application form that Algonquin and Subsidiaries may need to complete to obtain counterparty credit, and assist key stakeholders as required in any workstream where Algonquin and Subsidiaries is applying for Credit from a Third Party  
  • Contribute to the development and enhancement of counterparty Credit Risk Policy, processes, methodologies, and monitoring tools
  • Support implementation of new systems or enhancements to credit monitoring frameworks
  • Leverage use of A.I. tools in uploading any required data into Algonquin and Subsidiary Credit Assessment tolls to ensure a more efficient process.
Education and Experience
  • University Degree or equivalent 
  • Excellent financial statement analysis and credit assessment skills
  • Strong experience with credit assessment methodologies
  • Excellent excel modelling capability
  • Familiarity with utility, energy, or infrastructure sectors an asset
  • Proficiency with Excel, financial modeling, and treasury systems
  • CPA or progress toward designation considered an asset 
Compensation Data


Full base salary range $90,000.00- $120,000.00 per year*Liberty considers several factors when extending an offer, including but not limited to, the role and responsibilities, a candidate's work experience, education, training and skills, and geographic location.

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business and as an employee team.

Our Mission

We provide safe, secure, reliable, cost-effective and sustainable energy and water solutions. Our mission is how we create value as an organization—it is what drives us every day to fulfill our purpose.

Our Vision

We better the lives of our customers and communities. Our vision is what we see as possible. It's where we aspire to be, what we want to achieve and how we'll make an impact. It guides and keeps us on the right path as we work towards fulfilling our purposes.

Our Guiding Principles

  • Customer Centric
  • Integrity
  • Entrepreneurial
  • Teamwork
  • Owner mindset
  • Outcome focused
  • Continuous learning

What we offer 

Collaborative environment with a genuine flexible working policy

Share purchase/match plan

Leadership Development Program

Volunteer paid days off

Employee Assistance Program

Achievement fund

Group Benefit Plan

Variety of Health & Wellness programs

Discount and Perks program

We are focused on building a diverse and inclusive workforce.  If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

We are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents.

Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.

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