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Sr Risk Manager Jobs in Ontario (NOW HIRING)

DUCA Financial Services Credit Union Ltd.

Senior Risk and Reporting Analyst DUCA is looking for a Senior Risk and Reporting Analyst to join ... Prepare management reports and presentations to support DUCA's Credit initiatives. * Prepare and ...

DUCA Financial Services Credit Union Ltd.

Senior Manager, Technology Risk DUCA is looking for a Senior Manager, Technology Risk to join our growing team! Job Purpose & Summary As an integral part of DUCA's Risk Management team, the Senior ...

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Aecon Group Inc.

Sr. Risk Specialist

Toronto, ON

Operate responsibly by managing risk, safety, and environmental considerations across all our ... As part of the ONxpress project, Aecon is looking for a qualified Senior Risk Specialist to join ...

CIBC

Senior Manager, Risk Platforms

Toronto, ON · Hybrid

To learn more about CIBC, please visit CIBC.com What you'll be doing As the Senior Manager, Risk Platform, you will lead the end-to-end configuration, administration, and performance of CIBC's credit ...

New

Lloyd's

Risk Management | Lloyd's About Lloyd's Lloyd's is the world's leading marketplace for insurance and reinsurance, known globally for its expertise, integrity, and innovation. Our Risk Management ...

Aecon Group Inc.

Risk Manager

Cambridge, ON · Hybrid

Develop a project-specific Risk Management Plan for incorporation into the Project Controls Plan ... with senior leadership What You Bring to the Team: * 10-15 years of related experience.

Worthland

$150K - $180K/yr

Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to ... For a senior risk professional who wants to operate as a general rather than an analyst, this is ...

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Sr Risk Manager information

What does a senior risk manager do?

A senior risk manager identifies, assesses, and mitigates potential risks that could impact an organization’s operations, financial stability, or reputation. They develop risk management strategies, monitor risk exposure, and ensure compliance with regulations, often using tools like risk assessment software. Strong analytical skills and industry certifications such as FRM or CRM are typically required.

What is the highest salary for a risk manager?

The highest salaries for senior risk managers can exceed $150,000 to $200,000 annually, especially in large corporations or financial institutions. Factors such as experience, certifications like FRM or CFA, and geographic location influence compensation levels.

How does a Sr Risk Manager typically collaborate with other departments to manage organizational risks?

As a Sr Risk Manager, you will frequently work cross-functionally with teams such as compliance, legal, finance, and operations to identify, assess, and mitigate risks. This involves facilitating risk assessments, sharing findings with department leads, and developing action plans together. Effective communication skills and the ability to translate complex risk concepts into practical recommendations are essential. Regular meetings and reporting cycles help ensure risks are monitored and managed proactively across the organization.

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

AspectSr Risk ManagerRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, risk management certifications)Often requires a bachelor's degree, some certifications preferred
Work EnvironmentStrategic, leadership-focused, often managerialAnalytical, data-driven, support role
Employer & Industry UsageUsed in finance, insurance, corporate sectors for risk oversightCommon in finance, banking, and insurance for risk assessment

The main difference between a Sr Risk Manager and a Risk Analyst lies in their responsibilities and experience level. The Sr Risk Manager oversees risk strategies and manages teams, requiring more advanced credentials and strategic thinking. In contrast, the Risk Analyst focuses on data analysis and risk assessment tasks, often serving as a support role. Both roles are vital in risk management but differ in scope and seniority.

How much do senior risk managers make?

Senior risk managers typically earn between $90,000 and $150,000 annually, depending on experience, industry, and location. They often hold certifications such as FRM or CRM and work in financial services, insurance, or corporate risk management environments.

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

To thrive as a Sr Risk Manager, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically a bachelor's or master's degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (Governance, Risk, and Compliance) systems, and certifications like FRM or CRM are often required. Strong analytical thinking, leadership, and effective communication skills help in influencing decision-makers and leading cross-functional teams. These competencies are essential for identifying, mitigating, and communicating risks to protect the organization’s assets and reputation.

What is the highest paying risk management job?

The highest paying risk management roles are often senior executive positions such as Chief Risk Officer (CRO) or Vice President of Risk Management, which can offer six-figure salaries or higher. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills within large organizations or financial institutions.

What does a Sr Risk Manager do?

A Sr Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations, finances, or reputation. They develop risk management strategies, implement policies, and collaborate with other departments to ensure compliance and minimize potential losses. This role often involves analyzing data, preparing reports for senior leadership, and staying updated on regulatory changes that may affect the business.
What are popular job titles related to Sr Risk Manager jobs in Ontario? For Sr Risk Manager jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Sr Risk Manager jobs in Ontario look for? The top searched job categories for Sr Risk Manager jobs in Ontario are:
Sr Risk Manager jobs near you
Infographic showing various Sr Risk Manager job openings in Ontario as of July 2026, with employment types broken down into 85% Full Time, 13% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution.

Senior Manager, Risk Transformation

EQ Bank | Equitable Bank

Toronto, ON

Full-time

Medical, Dental, Vision, Life, PTO

Re-posted 9 days ago

Job description

Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. 
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving?  The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. 
We can't wait to get to know you! 


The Work 

The Senior Manager, Risk Transformation is a senior contributor responsible for supporting the execution of enterprisewide risk priorities across transformation, governance, regulatory engagement, and strategy. The role delivers outcomes aligned with Risk & Compliance senior leadership, including execution of priority regulatory and risk change initiatives, enterprise transformation work, and leadershipdirected special initiatives. The role also provides coordination and execution support across Risk and Compliance leadership.

Delivery
  • Execute against targeted delivery workstreams across enterprise risk initiatives, focusing on problem diagnosis, solution structuring, and execution.
  • Produce decisionready executive outputs by developing analysis, presentations, briefing materials, and delivery artefacts that synthesize inputs across Risk, Finance, Technology, and the Business.
  • Operate as an execution resource within delivery programs, structuring ambiguous problem sets, managing dependencies, and resolving delivery issues through coordination and influence.
  • Advance seniordirected priorities with minimal supervision, coordinating inputs and progressing defined delivery activities in support of executive and regulatory engagement.
Transformation Enablement
  • Support enterprise risk transformation initiatives by translating defined priorities into structured execution plans and delivery activities, in partnership with the Senior Director.
  • Enable change management activities across Risk and Compliance by supporting stakeholder engagement, adoption planning, communications, and execution tracking.
  • Advance leadershipdirected transformation objectives within the Risk organization by interfacing with business and functional partners, connecting Risk, Business, and delivery teams.
Governance & Regulatory Coordination
  • Support coordination of regulatory engagement activities, including OSFI meetings, regulatory correspondence, and crossfunctional preparation.
  • Act as an integration point across regulatory, audit, and governance activities, ensuring consistency of messaging, documentation, and positioning.
  • Maintain and evolve governance materials, dashboards, and reporting frameworks to support transparency, accountability, and audit readiness.
Leadership Initiatives
  • Support timebound, leadershipdirected initiatives by structuring workplans, coordinating inputs, and progressing defined activities to completion.
  • Provide targeted execution support on priority topics, preparing analysis and materials to support senior Risk leadership decisionmaking.
Portfolio Enablement
  • Support portfoliolevel risk initiatives by developing analysis and materials that provide visibility into priorities, dependencies, and delivery status across the Risk transformation portfolio.
  • Maintain and enhance portfolio reporting and dashboards to support senior leadership oversight, prioritization, and informed decisionmaking.
  • Provide analytical support on risk and financial dimensions of initiatives, including tracking impacts, tradeoffs, and resource considerations to support effective execution.
Let's Talk About You!
  • 6+ years of progressive experience in consulting, risk management, enterprise enablement, regulatory compliance, or transformation roles within financial services, preferably in a regulated banking environment.
  • Strong understanding of Canadian regulatory frameworks and expectations (e.g., OSFI E23, E21, CAR Chapters 4 & 5, B13, B10), with experience supporting regulatory engagement, reviews, or audits.
  • Demonstrated ability to operate effectively across senior leadership levels, including engagement with executives and regulatory stakeholders.
  • Proven capability to synthesize complex information and translate it into clear, concise, executivelevel materials suitable for governance and decisionmaking.
  • Sound understanding of risk management disciplines, governance structures, and enterprise change environments, including how these operate in practice.
  • Strong written and verbal communication skills, with experience authoring executive documentation, governance materials, and briefing content.
  • High degree of organizational and stakeholder acumen, with the ability to navigate ambiguity, manage competing priorities, and drive alignment through influence rather than formal authority.
  • Strong analytical and criticalthinking skills, with the ability to identify themes, gaps, and risks across concurrent initiatives.
What we offer [For full-time permanent roles]
 
Competitive discretionary bonus 
Market leading RRSP match program
  Medical, dental, vision, life, and disability benefits
  Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days 
  Virtual events to connect with your fellow colleagues
  Professional development and comprehensive Career Development program
  A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
 
The incumbent will be working hybrid and in office time will be spent working from EQ Bank's additional office space located at 2200-25 Ontario Street, Toronto, ON.


Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger - and our people thrive - when we honour and celebrate diverse experiences, identities, and perspectives. We're equally committed to supporting your growth, both professionally and personally.

We provide a barrierfree recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration. 
To learn more, visit eqb.investorroom.com and eqbank.ca.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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