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

Td

Senior Credit Risk Analyst (ATH 5209)

Toronto, ON · On-site

CA$81K - CA$115K/yr

Support all Risk business partner inquiries and analysis pertaining to ECL * Support the management adjustment process, a key process in the ECL reporting and forecasting * Be able to use analytical ...

Td

Senior Social Engineering Threat Analyst

Toronto, ON

CA$81K - CA$115K/yr

Job Summary - Senior Social Engineering Threat Analyst (CP) The Senior Social Engineering Threat ... Lead digital risk protection activities by identifying, analyzing, and disrupting malicious domains ...

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Senior Risk Analyst information

See Toronto, ON salary details

$48.7K

$97.9K

$148.4K

How much do senior risk analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for senior risk analyst in Toronto, ON is $97,911.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,824.00 and $114,520.00 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.

How much do senior risk analysts get paid?

Senior risk analysts typically earn a median annual salary between $80,000 and $120,000, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

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.

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 Toronto, ON? The most popular types of Risk Analyst jobs in Toronto, ON are:
What are popular job titles related to Senior Risk Analyst jobs in Toronto, ON? For Senior Risk Analyst jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Senior Risk Analyst jobs in Toronto, ON look for? The top searched job categories for Senior Risk Analyst jobs in Toronto, ON are:
What cities near Toronto, ON are hiring for Senior Risk Analyst jobs? Cities near Toronto, ON with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Toronto, ON as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $97,911 per year, or $47.1 per hour.

Senior Risk Engineer - Property

Leap Recruitment Partners

Toronto, ON • On-site

CA$130K - CA$170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

Job Description Senior Risk Engineer - Commercial Property Location: Toronto, ON (Hybrid) Position Type: Full-Time, Regular Compensation: CAD $130,000 - $170,000 annually (commensurate with experience and qualifications) The Role Leap Recruitment Partners is proud to partner with a premier global leader in the commercial insurance and risk management sector. Known for a decades-long legacy of economic stewardship and disciplined capital management, our client empowers businesses worldwide to navigate challenges and achieve sustainable growth. On their behalf, we are seeking a Senior Risk Engineer - Property to join an evolving, high-impact technical team.

In this role, you will serve as a vital link between complex engineering data and strategic underwriting decisions, helping to shape modern, scalable risk management practices for commercial property and construction portfolios. Key Responsibilities Underwriting Partnership: Collaborate closely with underwriting teams to evaluate risk profiles, facilitating disciplined account selection and profitable portfolio development. Technical Risk Analysis: Conduct comprehensive hazard assessments, perform site inspections, and model complex loss scenarios, including EML and MFL projections.

Reporting & Insights: Generate detailed technical risk reports featuring clear, practical risk-mitigation recommendations, and synthesize third-party engineering data into actionable underwriting insights. Methodology & Innovation: Contribute to the design and enhancement of proprietary risk assessment frameworks, predictive tools, and loss estimation models. Market Engagement: Act as a proactive technical advisor during broker and client interactions, reinforcing the company's reputation as a sophisticated risk partner.

Knowledge Sharing: Monitor industry trends and emerging risk landscapes to inform broader underwriting strategies and conduct internal training sessions to elevate team capabilities. Qualifications & Experience Professional Experience: 5 to 10 years of dedicated experience in property and construction risk engineering, loss control, or technical risk consulting. Domain Expertise: Proven track record evaluating large, sophisticated industrial or commercial risks, alongside strong familiarity with risk improvement methodologies.

Education: Bachelor's degree in Engineering or a closely related technical field. Soft Skills: Exceptional communication and relationship-building skills, with a demonstrated ability to translate intricate technical concepts into commercial value. Benefits & Culture Our client believes that unique perspectives drive innovation.

If you are enthusiastic about this opportunity but your background doesn't match every single qualification perfectly, we still highly encourage you to apply. In addition to a competitive base salary, this full-time role offers a comprehensive rewards package, including: Robust health, dental, and vision insurance coverage Company-matched retirement savings plan Holistic employee wellness initiatives Life and disability insurance protection Generous paid time off (PTO) and observed holidays At Leap we are an Equal Opportunity and Affirmative Action Employer. That means all applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

Leap will not tolerate any discrimination or harassment based on any of these characteristics. Leap encourages applicants of all ages.

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