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Technology Risk Manager Jobs in Toronto, ON (NOW HIRING)

Scotiabank

IT Risk Manager

Toronto, ON

Ensure that IT Risk assessments and outputs are recorded in enterprise tools and in full compliance of all policies and common standards, including the IT Risk Management Policy and Framework.

Scotiabank

Director, Technology Risk

Toronto, ON

Support the Director IT Risk Governance, Standards and Controls and lead the governance and ... Own and maintain the Bank's technology and cyber issues management process * Lead the design and ...

KPMG

Manager, IT Risk Services

Toronto, ON

Our Technology Risk Services team is growing and we are looking for a Manager to join our team in Toronto. The Technology Risk Services practice provides a variety of services to our clients. The ...

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Technology Risk Manager information

See Toronto, ON salary details

$27.7K

$113.1K

$190.4K

How much do technology risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for technology risk manager in Toronto, ON is $113,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,459.00 and $136,947.00 per year, depending on experience, location, and employer.

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

To thrive as a Technology Risk Manager, you need expertise in risk assessment, cybersecurity principles, and regulatory compliance, often supported by a degree in information security or related fields. Familiarity with risk management frameworks (such as NIST or ISO 27001), GRC (governance, risk, and compliance) tools, and certifications like CISM or CISSP are typically required. Strong analytical thinking, communication, and stakeholder management skills help you translate technical risks into business terms and coordinate mitigation efforts. These abilities are critical to proactively identifying threats and ensuring organizational resilience against evolving technology risks.

What are some common challenges Technology Risk Managers face when working across different departments?

Technology Risk Managers often encounter challenges in aligning risk management strategies with the priorities of various business units. Departments may have differing levels of risk tolerance, technical understanding, and resource availability, which can make establishing consistent policies and controls difficult. Success in the role relies on strong communication and negotiation skills, as well as the ability to educate stakeholders about the importance of risk mitigation while balancing business objectives. Building collaborative relationships and maintaining flexibility are key to overcoming these cross-departmental challenges.

What are Technology Risk Managers?

Technology Risk Managers are professionals responsible for identifying, assessing, and mitigating risks associated with information technology systems and processes within an organization. They ensure that IT operations comply with regulations and best practices while safeguarding data and technology assets from threats such as cyberattacks, data breaches, and system failures. Their work involves developing risk management strategies, conducting risk assessments, and collaborating with other departments to ensure the organization's technology infrastructure is secure and resilient.

What is the difference between Technology Risk Manager vs Cybersecurity Analyst?

AspectTechnology Risk ManagerCybersecurity Analyst
CertificationsCRISC, CISSP, CISACISSP, CEH, Security+
Work EnvironmentRisk assessment, policy development, complianceMonitoring security threats, incident response, vulnerability analysis
Industry UsageFinancial, healthcare, technology firmsIT security teams, government agencies, corporations

The Technology Risk Manager focuses on identifying and mitigating overall technology risks and ensuring compliance, while the Cybersecurity Analyst concentrates on protecting systems from security threats and responding to incidents. Both roles require similar certifications and often work within the same industries, but their core responsibilities differ in scope and focus.

What cities near Toronto, ON are hiring for Technology Risk Manager jobs? Cities near Toronto, ON with the most Technology Risk Manager job openings:
Technology Risk Manager jobs near you
Infographic showing various Technology Risk Manager job openings in Toronto, ON as of May 2026, with employment types broken down into 1% As Needed, 91% Full Time, 5% Part Time, and 3% Contract. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $113,056 per year, or $54.4 per hour.
IT Risk Manager

IT Risk Manager

Scotiabank

Toronto, ON

Other

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago

Job description

Requisition ID: 259895 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 
The role:

Contributes to the overall success of the IT Risk team (1B role) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

What will you do?

Key accountabilities (Risk)


   Advises and supports risk owners in day to day risk management activities and execution
   Acts as a primary interface and conduit between the risk owners and other risk groups to lead the facilitation and execution of risk management activities.
   Identifies, assesses, prioritizes and reports on material IT risks for IT and aligned business areas. This will require working with equivalent risk advisors in various business areas.
   Assists risk owners in adhering to policies, frameworks, standards and guidelines through active engagement, guidance and counselling.
   Monitor and track issues raised by Internal Audit and Regulators, assist issue owners to ensure remediation is completed within pre-defined timelines and risk is addressed appropriately.  
   Respond to requests for information technology assessments and questionnaires, providing information technology related responses within required time.
   Ensure that IT Risk assessments and outputs are recorded in enterprise tools and in full compliance of all policies and common standards, including the IT Risk Management Policy and Framework.
   Partners with other risk groups to assess, implement and communicate new/updated risk controls, frameworks, policies, risk indicators, metrics, and limits.
   Monitor IT risk KPIs and KRIs within established tolerance.  Providing escalation to ensure timely remediation.
   Identify pervasive IT risk issues or issues that are common across the landscape.
   Perform various types of data analysis work and prepare monthly / quarterly reporting for senior management.  
   Ensures implementation of a strong IT risk culture in partnership with the risk owners.


Key accountabilities (General)


   Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
   Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
   Creates an environment to pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. 

What do you need to succeed?
 

   Breadth of IT and Risk management experience (governance, operations, audit, control functions, compliance, risk management) over 5+ years with at least 2 years' in management (3+ preferred)
   Familiarity with industry frameworks, and Financial Banking Regulations (NIST CSF, FFIEC IT Handbooks, OSFI B-13, CSA CCM, TOGAF, ArchiMate)
   Technical strong and can easily engage with Security, Engineering and Architecture teams to assess risks.
   A strong ability to leverage collaboration through successful leverage of tools such as Microsoft Teams, JIRA and ServiceNow to manage collaborative workflow.
   Good communication (both verbal and written), facilitation and presentation skills. The ability to communicate confidently and clearly on conference calls, in meetings, via email, etc. at all levels of the organization is essential.
   Performance and results oriented skills.
   Strong organizational skills and the ability to effectively manage multiple tasks simultaneously
   Capability of working in a complex and fast paced environment


Nice to Have
   MBA, Degree in Computer Science, Engineering, or equivalent experience. 
   CISA, CRISC, CGEIT, CISM is a plus
   Exposure to cloud controls would be an asset.
Experience managing initiatives within risk appetites and established KPIs or KRIs and creativity in issue resolution or management.


What's in it for you?
We have an inclusive and collaborative working environment that encourages creativity and curiosity and celebrates success
   We provide you with the tools and technology needed to create meaningful customer experiences
   You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world
   We hire you for your talent - not just a job - so you can grow with us. We'll equip you for success not only in your role, but also in your career as a whole
   Dress codes don't apply here: being comfortable does
   Access to thousands of online and in-person courses so you can hone your current skills, or learn new ones
   A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision, and dental and much more

Location(s):  Canada : Ontario : Toronto 
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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