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Sr Risk Analyst Jobs in Alberta (NOW HIRING)

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.

As Senior CorpSec Analyst, you are both a senior operator and a project lead. You own detection and ... Comfortable jumping onto due-diligence calls if Compliance requires assistance with customer Risk ...

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Sr Risk Analyst information

How much do senior risk analysts get paid?

Senior risk analysts typically earn between $80,000 and $130,000 annually, depending on experience, industry, and location. They often hold certifications such as FRM or CRM and work in finance, insurance, or consulting environments with strong analytical and risk assessment skills.

What does a Sr Risk Analyst do?

A Sr Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or financial performance. They analyze data, create risk models, and provide recommendations to help companies make informed decisions and maintain compliance with regulations. Senior Risk Analysts often work closely with management and various departments to implement risk management strategies and ensure the company’s risk exposure is within acceptable limits.

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

To thrive as a Sr Risk Analyst, you need strong analytical skills, experience in risk assessment methodologies, and a background in finance, economics, or a related field, often supported by relevant certifications such as FRM or CFA. Proficiency in data analysis tools like Excel, SQL, SAS, or Python, as well as risk management software, is typically required. Excellent communication, critical thinking, and problem-solving skills help you convey risk insights and collaborate effectively with stakeholders. These competencies enable accurate risk identification and mitigation, supporting sound decision-making and regulatory compliance.

How does a Sr Risk Analyst typically collaborate with other departments to manage enterprise risks?

As a Sr Risk Analyst, collaboration with various departments—such as compliance, audit, finance, and operations—is essential to identify, assess, and mitigate organizational risks. You will often facilitate risk workshops, communicate findings to department heads, and provide guidance on risk mitigation strategies. Regular cross-functional meetings and reporting help ensure risks are understood and addressed at all levels, making strong communication and relationship-building skills vital for success in this role.

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

AspectSr Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., FRM, CRM), 3+ years experienceBachelor's degree, certifications optional, 1-3 years experience
Work EnvironmentFinancial institutions, insurance companies, corporate risk departmentsFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in larger organizations with complex risk management needsCommon in smaller firms or entry-level roles

The main difference between a Sr Risk Analyst and a Risk Analyst lies in experience, responsibilities, and seniority. A Sr Risk Analyst typically has more years of experience, advanced certifications, and handles 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. Both roles are vital in risk management teams, but the senior role involves greater responsibility and strategic input.

What is the average salary for a senior risk analyst in the US?

The average salary for a senior risk analyst in the US typically ranges from $80,000 to $120,000 annually, depending on experience, industry, and location. Professionals in financial services or with specialized certifications may earn higher compensation. Strong analytical skills and knowledge of risk management tools are often required for this role.
What are popular job titles related to Sr Risk Analyst jobs in Alberta? For Sr Risk Analyst jobs in Alberta, the most frequently searched job titles are:
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Infographic showing various Sr Risk Analyst job openings in Alberta as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution.

Risk Specialist/Risk Lead (Contract) Talent Pool

Bruce Power

Bruce, AB

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.