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Vendor Risk Management Jobs in Ontario (NOW HIRING)

Risk Management * Conduct risk assessments of IT infrastructure, applications, third parties, and ... Support vendor risk assessments, including reviewing response to questionnaire GRC Tools * Maintain ...

Risk Management * Conduct risk assessments of IT infrastructure, applications, third parties, and ... Support vendor risk assessments, including reviewing response to questionnaire GRC Tools ·

Overseeing the deployment of security technologies, including encryption tools, antivirus software, and access controls Vendor Risk Management: * Assessing the security protocols of third-party ...

Head of Risk

Toronto, ON · On-site

$125 - $150/hr

Manage day‑to‑day relationships with our risk vendors and ensure we extract full value from each. Team & Regulatory Leadership * Lead, coach, and develop the risk operations team, raising the ...

Senior Operational Risk Analyst , Business Continuity & Operational Resilience DUCA is looking for ... This role manages all elements of DUCA's Business and Vendor Continuity Planning and Resiliency ...

Showing results 41-60

Vendor Risk Management information

See Ontario salary details

$13

$48

$90

How much do vendor risk management jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for vendor risk management in Ontario is $48.50, according to ZipRecruiter salary data. Most workers in this role earn between $31.97 and $62.26 per hour, depending on experience, location, and employer.

What is vendor risk management?

A Vendor Risk Management (VRM) job involves assessing, monitoring, and mitigating risks associated with third-party vendors and suppliers. Professionals in this role evaluate vendor security, compliance, and operational risks to protect their organization from potential disruptions, data breaches, or regulatory violations. They work closely with procurement, legal, and IT teams to establish risk management frameworks and ensure vendors meet contractual and security standards. Their responsibilities often include conducting risk assessments, reviewing vendor contracts, and developing risk mitigation strategies. Effective VRM helps organizations reduce exposure to risks while maintaining productive vendor relationships.

What are some common challenges faced in vendor risk management?

Professionals in Vendor Risk Management often encounter the challenge of assessing and monitoring a wide range of vendors, each with unique risk profiles and compliance requirements. Balancing multiple projects, managing deadlines, and ensuring clear communication between internal stakeholders and vendors can also be demanding. Staying updated on evolving regulatory standards and quickly adapting to new risks is essential in this role. Overcoming these challenges requires strong organizational skills, continual learning, and proactive relationship management.

What are the key skills and qualifications needed to thrive in vendor risk management?

To thrive in Vendor Risk Management, you need a solid background in risk assessment, contract analysis, and supply chain management, often supported by a degree in business, finance, or a related field. Familiarity with risk management software, vendor management systems, and relevant certifications such as Certified Third Party Risk Professional (CTPRP) are highly valued. Strong attention to detail, excellent communication, and negotiation skills help build effective vendor relationships and navigate complex scenarios. These capabilities are crucial for ensuring organizational compliance, minimizing third-party risks, and maintaining strong supplier performance.

How to do vendor risk management?

Vendor risk management involves identifying, assessing, and mitigating risks associated with third-party vendors to ensure they meet security, compliance, and performance standards. It typically includes conducting due diligence, evaluating vendor controls, and monitoring ongoing performance using tools like risk assessment frameworks and audits. Strong communication and documentation are essential for effective management.

What does a vendor risk management do?

A vendor risk management professional assesses and monitors the risks associated with third-party vendors to ensure compliance, security, and operational integrity. They evaluate vendor security practices, contractual obligations, and potential vulnerabilities, often using risk assessment tools and frameworks to mitigate potential threats to the organization.

What are popular job titles related to Vendor Risk Management jobs in Ontario?

For Vendor Risk Management jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Vendor Risk Management jobs in Ontario look for?

The top searched job categories for Vendor Risk Management jobs in Ontario are:

Infographic showing various Vendor Risk Management job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 20% Part Time, and 3% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $100,886 per year, or $48.5 per hour.

Director, Governance, Risk and Compliance (GRC)

Momentum Financial Services Group

Toronto, ON • Hybrid

Full-time

Medical, Dental

Re-posted 5 days ago


Job description

Who We Are

At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we're the team behind Money Mart-Canada's largest non-bank branch network-and a leader in financial solutions for underserved communities.

From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect over a million customers a year to the money they need, when they need it.

At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.

We've Got You Covered

Compensation Philosophy: Our strategy is simple-we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose.

Discretionary Annual Bonus: Enjoy the opportunity for a discretionary bonus based on individual performance and company success.

Comprehensive Benefits: Our benefits include health and dental plans with 100% of the premiums covered. We also offer an Employee Assistance Program to support your mental well-being and provide resources for personal challenges.

Retirement Plans: Plan for your future with our robust retirement savings options, ensuring you're set for the long haul.

Hybrid Work Environment: Experience the best of both worlds with our hybrid work model, allowing you to balance remote work with in-office. When you're at our corporate head office, enjoy a relaxed and collaborative environment featuring breakout rooms for brainstorming and unwinding, plus a variety of snacks to keep you energized throughout the day.

Perks and Rewards: Enjoy reimbursement for tuition assistance and professional development, discounts through Perkopolis and participate in our rewards and recognition programs to celebrate your contributions.

The Job: Director, Governance, Risk and Compliance (GRC)

We're seeking a Director, Governance, Risk and Compliance (GRC) to lead and operate MFSG's cybersecurity governance, cyber risk management, compliance, and data governance functions. This is a highly hands-on senior individual contributor role responsible for strengthening governance frameworks, overseeing cyber risk activities, supporting regulatory compliance, and driving risk-informed decision-making across the organization.

What You'll Do

Cyber Risk Management & Governance:

  • Own and operate the enterprise cyber risk management framework
  • Maintain cybersecurity, technology, and data risk registers
  • Conduct cyber risk assessments across business processes, systems, vendors, and strategic initiatives
  • Define and track key risk indicators (KRIs), metrics, and remediation activities
  • Support post-incident risk reviews and continuous improvement efforts

Compliance, Audit & Regulatory Oversight:

  • Support internal and external audits, regulatory reviews, and customer due diligence requests
  • Validate control effectiveness and coordinate audit evidence collection
  • Manage cybersecurity policy governance and exception management processes
  • Ensure alignment with industry frameworks including NIST, ISO 27001, privacy regulations, and financial sector requirements

Data Governance & Third-Party Risk Management:

  • Partner with data governance, privacy, legal, and compliance teams to manage information risk
  • Oversee data governance activities including classification, retention, protection, access governance, and recovery controls
  • Support vendor and third-party risk assessments and remediation efforts

Reporting, Stakeholder Engagement & Cross-Functional Influence:

  • Prepare executive-level cyber risk reporting and governance updates
  • Present risk trends, control gaps, remediation progress, and emerging risks to leadership
  • Influence business, technology, and control owners to drive risk reduction activities
  • Build strong relationships across cybersecurity, IT, legal, compliance, enterprise risk, and operational teams

Governance Program Development & Operational Leadership:

  • Develop and mature cybersecurity governance programs, policies, standards, and procedures
  • Improve GRC processes, workflows, and governance effectiveness
  • Personally execute critical deliverables in a hands-on leadership capacity
  • Balance business objectives with practical, risk-based governance and security controls
What You'll Bring to the Table
  • 10+ years of experience in information security, cybersecurity, technology risk, or IT controls
  • At least 5 years of direct GRC experience, including 3+ years in a leadership capacity
  • Experience within banking, fintech, insurance, payments, wealth management, or another regulated financial services environment
  • Proven success operating as a senior individual contributor with ownership of risk assessments, governance documentation, executive reporting, and remediation tracking
  • Strong understanding of enterprise cyber risk management, governance, and compliance practices
  • Extensive experience with data governance risk management, privacy controls, and information asset protection
  • Experience managing cyber risk registers, risk reviews, issue management, and remediation programs
  • Strong knowledge of Canadian financial sector regulatory expectations, operational resilience principles, and privacy obligations
  • Excellent communication skills with the ability to translate technical issues into clear business risk language
Education + Experience
  • Bachelor's degree in Cybersecurity, Information Systems, Computer Science, Risk Management, or a related field, or equivalent practical experience
  • Experience supporting audits, regulatory reviews, customer security assessments, and control testing activities
  • Strong understanding of identity and access management, data protection, cloud security, vulnerability management, incident response, third-party risk, and business continuity
Preferred Qualifications
  • Experience within a Canadian regulated financial institution or fintech organization
  • Professional certifications such as CISSP, CISM, CRISC, CGEIT, or ISO 27001 Lead Implementer/Auditor
  • Experience implementing or enhancing GRC platforms, workflow automation, and reporting dashboards
  • Familiarity with PCI DSS, SOC 2, cloud control frameworks, and privacy control frameworks
  • Experience mapping controls across multiple regulatory and compliance frameworks
Closing

Ready to lead cybersecurity governance and influence enterprise risk decisions across a growing organization? Join us and help strengthen the security, resilience, and compliance foundation of MFSG.

Committed to Equal Opportunity:

MFSG is committed to accommodating applicants up to the point of undue hardship during the recruitment, assessment and selection process. If you are selected for an interview, please notify MFSG if you require accommodation in respect of the materials or procedures used at any time during this process. If you require accommodation, MFSG will work with you to determine how to meet your needs.

Please note: The salary range for this position is between C$175,000 to C$ 190,000.