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Vice President Risk Jobs in Ontario (NOW HIRING)

Wawanesa Insurance

VP, Legal & General Counsel

Toronto, ON · Hybrid

  • Retirement

  • PTO

Job Overview The Vice President, Legal & General Counsel is the enterprise functional leader for ... Business, governance, risk management, compliance, insurance or leadership education, such as an ...

Shred-Tech Corporation

VP Operations

Cambridge, ON · On-site

As a key member of the Leadership Team, the Vice President, Operations partners closely with the ... Develop business continuity and risk mitigation plans that address supplier, operational ...

d1g1t

VP, Client Success and Support

Toronto, ON · Hybrid

VP, Client Success and Support About d1g1t d1g1t is the industry's first enterprise wealth management platform powered by institutional-grade analytics and risk management tools that allows firms to ...

d1g1t

VP, Client Success and Support

Toronto, ON · On-site

VP, Client Success and Support About d1g1t d1g1t is the industry's first enterprise wealth management platform powered by institutional-grade analytics and risk management tools that allows firms to ...

d1g1t

VP, Client Success and Support

Toronto, ON · On-site

Salary: $165,000 - $185,000 VP, Client Success and Support About d1g1t d1g1t is the industrys first enterprise wealth management platform powered by institutional-grade analytics and risk management ...

NFP Corp

VP, Group Retirement

Kitchener, ON

CA$140K - CA$160K/yr

The VP will lead a team of Consultants and Account Managers and collaborate with other NFP ... We help companies and individuals around the globe address their most significant risk, workforce ...

Encircle

VP, Customer Experience

Kitchener, ON · Remote

VP, Customer Experience Remote (Canada) | Hybrid option available in Kitchener, ON Reports to: CEO ... risk; Account Growth, who carry the lifecycle, renewals and growth of large signal-driven books ...

BMO Capital Markets

Vice President Business Banking

Windsor, ON · On-site

CA$81K - CA$152K/yr

  • Medical

  • Life

  • Retirement

Vice President, Canadian Business Banking Lead Growth. Build Relationships. Drive Market Leadership ... Ensure compliance with regulatory, audit, and operational standards while maintaining strong risk ...

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Showing results 41-60

All JobsVice President Risk JobsVice President Risk Jobs in Ontario

Vice President Risk information

See Ontario salary details

$38K

$154.6K

$219.5K

How much do vice president risk jobs pay per year?

As of Aug 13, 2026, the average yearly pay for vice president risk in Ontario is $154,596.00, according to ZipRecruiter salary data. Most workers in this role earn between $124,500.00 and $183,000.00 per year, depending on experience, location, and employer.

How does a vice president risk typically collaborate with other departments to manage organizational risk?

The Vice President of Risk works closely with departments such as Compliance, Legal, Operations, and Finance to ensure a holistic approach to risk management. This collaboration often includes leading cross-functional risk assessments, developing mitigation strategies, and communicating risk policies across the organization. Regular meetings and reporting structures help ensure that all departments are aligned on risk priorities, enabling swift and coordinated responses to emerging threats. Effective communication and relationship-building are essential, as the VP of Risk must balance business objectives with regulatory requirements and operational needs.

What is the difference between Vice President Risk vs Risk Manager?

AspectVice President RiskRisk Manager
Required CredentialsBachelor's degree, often advanced certifications like FRM or CRM, extensive experienceBachelor's degree, certifications like FRM or CRM preferred, relevant experience
Work EnvironmentStrategic leadership in corporate settings, executive-level responsibilitiesOperational risk assessment, implementing risk mitigation strategies
Employer & Industry UsageFinancial institutions, large corporations, insurance companiesFinancial services, manufacturing, healthcare, various industries

The Vice President Risk typically holds a senior leadership role focused on strategic risk oversight at the executive level, while a Risk Manager handles day-to-day risk assessment and mitigation. Both roles require similar credentials but differ in scope, responsibility, and strategic influence within organizations.

What does a vice president risk do?

A Vice President of Risk is responsible for identifying, assessing, and mitigating risks that could threaten the financial stability, reputation, or operational effectiveness of an organization. They develop risk management policies, oversee risk assessment processes, and ensure compliance with relevant regulations. This role typically involves collaborating with other departments to implement risk controls and reporting to senior executives about potential risks and their impact. Additionally, they may manage a team of risk analysts and work closely with external auditors or regulatory bodies.

What are the key skills and qualifications needed to thrive as a vice president risk, and why are they important?

To thrive as a Vice President of Risk, you need deep expertise in risk management, regulatory compliance, financial analysis, and a strong educational background, often with a degree in finance, business, or a related field. Familiarity with risk assessment tools, enterprise risk management (ERM) software, and industry certifications such as FRM or CFA are typically expected. Exceptional leadership, strategic thinking, and communication skills help navigate complex risk environments and influence organizational decision-making. These skills are crucial for proactively identifying threats, ensuring regulatory adherence, and safeguarding an organization’s assets and reputation.

What are the most commonly searched types of Risk jobs in Ontario?

The most popular types of Risk jobs in Ontario are:

What cities in Ontario are hiring for Vice President Risk jobs?

Cities in Ontario with the most Vice President Risk job openings:

Vice President Risk jobs near you
Infographic showing various Vice President Risk job openings in Ontario as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $154,596 per year, or $74.3 per hour.

VP, Direct Venture Experience & Operations

Wawanesa Insurance

Kitchener, ON

Full-time, Part-time

Retirement, PTO

Posted 3 days ago

New

Job description

Job ID: 10262 


Employment Type: New Role

Work Environment: We offer a hybrid work environment. Executives are required to work in-office 3 days per week (all locations except Winnipeg) and 5 days per week in Winnipeg. You may work from any of the following locations: Calgary, AB; Winnipeg, MB; Wawanesa, MB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC. 

Working Business Language: English. This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is English.As such, the successful candidate must be fully proficient in English.   

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 
 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. 

About The Wawanesa Mutual Insurance Company
Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada's largest mutual insurers, 100% owned by its members, with more than $4.1 billion in annual revenue and $12.5 billion in assets. Headquartered in Winnipeg, Wawanesa is the parent company of Wawanesa Life, which provides life insurance solutions throughout Canada, and Western Financial Group, a leading national distributor of personal and business insurance. In March of 2026, Wawanesa entered into an agreement to acquire Everest Insurance Company of Canada to strengthen its commercial insurance capabilities and advance its long-term growth strategy.


Wawanesa proudly serves more than 1.8 million members and we are home to more than 3,000 employees across Canada. The company actively gives back to organizations that strengthen communities, donating more than $4 million annually to charitable organizations, including more than $2 million each year in support of people on the front lines of climate change. Learn more at wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

The Vice President, Direct Venture Experience & Operations designs, builds and scales the member experience and operating capabilities required to launch and grow Wawanesa's Direct-to-Member (D2M) business. The role owns the model for a simple, intuitive, AI-first journey across quote, bind, onboarding, service, retention and future claims interactions. As a senior venture leader, the VP translates strategy into execution by establishing the service model, decision rights, routines and cross-functional ways of working for a high-growth digital insurance business. The VP will help to define what is delivered by enterprise functions, and how capabilities mature from test-and-learn through launch, scale and steady state, with focus on member experience, service operations, AI-assisted service, partner management, fraud, training, underwriting and claims integration, and lifecycle performance.  

Job Responsibilities
  • Lead the D2M Experience & Operations strategy and operating model for a simple, accessible, compliant and scalable experience across digital and assisted channels. 
  • Establish capabilities, workflows, governance, service standards, routines, escalation paths and decision rights. 
  • Build Experience & Operations as a core venture capability, clarifying D2M-owned versus enterprise-delivered capabilities from MLP to launch and scale. 
  • Design the quote-to-bind-to-service model, including digital self-serve, AI-assisted service, licensed agent support, contact centre integration, escalation pathways and dual-licensed capabilities where applicable. 
  • Partner across product, technology, data, marketing, underwriting, pricing, claims, legal, risk, compliance and shared services to embed requirements, controls and scalability. 
  • Establish metrics for service levels, conversion, onboarding, resolution, quality, member effort, retention, NPS, complaints and risk indicators. 
  • Use feedback, data, market learnings, automation, AI decision support, analytics and workflow tools to improve speed, quality and scalability. 
  • Support fraud, risk, underwriting, claims and compliance interfaces, protecting member experience while maintaining controls. 
  • Lead readiness for products, channels, pilots, campaigns and releases, ensuring processes, training, tools, controls, reporting and support models are in place. 
  • Oversee vendor and partner management, commitments, capacity planning, issue resolution, reporting and governance. 
  • Identify operational gaps, dependencies, risks and constraints; recommend trade-offs, sequencing, investment and resourcing. 
  • Build a high-performing team and matrixed model; foster a member-first, test-and-learn culture balancing speed, discipline, readiness, resilience and growth. 
  • Ground executive decisions in what can be delivered, scaled, measured and sustained in market. 
  • Other duties as assigned.
Qualifications
  • 15+ years of leadership experience in operations, customer/member experience, digital service, insurance operations, transformation or venture-scale business builds. 
  • Senior leadership experience in insurance, financial services or another regulated environment where customer experience, controls, risk management and scalability are critical. 
  • Experience designing, launching and scaling operating models, service models and customer/member experiences in ambiguous or fast-moving environments. 
  • Understanding of direct-to-consumer or digital distribution models, including quote, bind, onboarding, servicing, retention, claims or issue-resolution journeys. 
  • Experience integrating operations across product, technology, data, underwriting, pricing, claims, legal, risk, compliance, marketing and shared services. 
  • Experience with AI-enabled, automation-enabled or digitally assisted operating models is a strong asset. 
  • Ability to define service standards, metrics, controls and routines that balance member outcomes with business discipline. 
  • Strong influence, relationship and judgment skills, including matrix leadership and balancing member experience, speed, scalability, cost, regulatory obligations and risk. 
  • Experience building teams, clarifying accountabilities, developing leaders and scaling capabilities. 
  • Knowledge of Canadian P&C insurance, contact centre, licensed agent, operational excellence, partner management, fraud or claims operations is an asset. 
  • Post-secondary degree in a related field; MBA, CIP/FCIP, Lean/Six Sigma, Agile, Product, Operations or CX certifications are assets. 
  • Bilingualism (English and French) is considered an asset. 

#LI-AF1 #LI-Hybrid


Diversity Equity, Inclusion& Belonging
At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people - this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas. 
 

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
 

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.  
 

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