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Third Party Risk Analyst Jobs in Ontario (NOW HIRING)

BMO Capital Markets

Third Party Risk Manager

Toronto, ON · On-site

CA$56K - CA$103K/yr

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle ... Strong analytical skills to gather relevant information, compare and identify trends, develop ...

Posted today

KPMG

Manager, Third Party Risk

Toronto, ON

We are looking for a Manager to join our growing practice with a specialized focus on Third Party Risk Management (TPRM). The successful candidate will be responsible for being a key contributor in ...

Sysco

Lead Analyst - Cybersecurity (SITRM) Location: Krakow, Poland (Hybrid) Type: Full-time employment ... Working experience third party security risk assessment methodologies and industry frameworks.

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Third Party Risk Analyst information

How does a third party risk analyst typically collaborate with other departments to manage vendor risks?

A Third Party Risk Analyst works closely with departments such as procurement, legal, IT security, and compliance to assess and mitigate potential risks posed by vendors and service providers. Collaboration often involves reviewing contracts, conducting risk assessments, and ensuring vendors meet the organization's security and compliance requirements. Regular communication and joint meetings are common to align on risk standards and address any emerging concerns. This cross-functional teamwork ensures a comprehensive approach to managing third-party risks and maintaining regulatory compliance.

What is the difference between Third Party Risk Analyst vs Vendor Risk Analyst?

AspectThird Party Risk AnalystVendor Risk Analyst
CertificationsCertifications like CRISC, CISA often preferredSimilar certifications, often the same as Third Party Risk Analyst
Work EnvironmentFinancial institutions, corporations managing third-party relationshipsOrganizations assessing vendor security, compliance, and performance
Industry UsageCommon in finance, healthcare, and tech sectorsPrimarily in procurement, supply chain, and IT sectors

The main difference is that a Third Party Risk Analyst focuses on assessing risks associated with all third-party relationships, including vendors, partners, and service providers. A Vendor Risk Analyst specifically concentrates on evaluating risks posed by vendors and suppliers. While their roles overlap, the Third Party Risk Analyst has a broader scope, often handling multiple types of third-party relationships within various industries.

How much does a third-party risk analyst make?

A third-party risk analyst typically earns between $60,000 and $100,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications like CRISC or CISSP can earn higher salaries. The role often requires strong analytical skills and knowledge of risk management tools.

What does a third-party risk analyst do?

A third-party risk analyst evaluates the risks associated with an organization’s vendors, suppliers, and partners to ensure compliance and mitigate potential threats. They review contracts, perform risk assessments, and monitor third-party performance using tools like risk management software. Strong analytical skills and knowledge of regulatory standards are essential for this role.

What are the key skills and qualifications needed to thrive as a third party risk analyst?

To thrive as a Third Party Risk Analyst, you need a solid understanding of risk management principles, vendor assessment processes, and compliance regulations, often supported by a degree in business, finance, or information security. Familiarity with risk assessment tools, GRC (Governance, Risk, and Compliance) platforms, and certifications like CTPRA or CRISC is highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set exceptional analysts apart in this field. These competencies are crucial for identifying and mitigating vendor risks, ensuring organizational compliance, and safeguarding sensitive data.
What are the most commonly searched types of Third Party Risk Analyst jobs in Ontario? The most popular types of Third Party Risk Analyst jobs in Ontario are:
What are popular job titles related to Third Party Risk Analyst jobs in Ontario? For Third Party Risk Analyst jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Analyst jobs in Ontario look for? The top searched job categories for Third Party Risk Analyst jobs in Ontario are:
Third Party Risk Analyst jobs near you
Infographic showing various Third Party Risk Analyst job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.

Third Party Risk Manager

BMO Capital Markets

Toronto, ON • On-site

CA$56K - CA$103K/yr

Full-time

Medical, Life, Retirement

Posted 8 hours ago

Posted today

Job description

Application Deadline:

08/19/2026

Address:

250 Yonge Street

Job Family Group:

Business Management

In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in alignment with the Bank's Risk Management Framework and approved Risk Appetite.

  • Management of risk stakeholder program execution and interaction with Third Party Risk Specialists/Supplier Managers to manage and pursue completion of past due programs with escalation, as applicable.

  • Responsible for providing training and education to the Global Third-Party Risk Management team consisting of changes in the risk tool, team procedures, and regulatory changes, as applicable.

  • Develop and maintain documentation for the Global Third-Party Risk Management Team including but not limited to operating environment changes or regulations including obtaining approvals

  • Assist with audit and exam preparation and follow-up

  • Investigation of second line of defense effective challenge inquiries

  • Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to

  • Supports the execution of strategic initiatives in collaboration with internal stakeholders.

  • Build awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including creating presentations, to promote a culture of risk identification and management

  • Contributes to a strong risk culture through collaboration with 1LOD, and engagement with Second Line of Defense (2LOD), Corporate Audit (3LOD), to ensure risks related to products, services, and processes are identified, assessed, measured and managed within the approved risk appetite, and reported on an ongoing basis.

Qualifications:

  • Between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

  • In-depth knowledge of Third-Party Risk Management practices and methodologies

  • Experience with segmenting, analyzing, and reporting risk related data.

  • Strong analytical skills to gather relevant information, compare and identify trends, develop conclusions with well-supported recommendations.

  • Experience with compiling and validating materials for updates at senior level forums and/or committees

  • Familiar with financial products and services

  • Strong communication skills, both verbal and written.

  • Ability to build and foster stakeholder relationships.

  • Excellent analytical and problem-solving skills, with an eye for detail.

  • Strong proficiency with PowerBI, PowerPoint, Excel, and SharePoint.

  • Ability to multitask and work independently

Salary:

$56,000.00 - $103,500.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

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