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Vice President Risk Jobs in Toronto, ON (NOW HIRING)

Omers

Vice President, Valuations

Toronto, ON

Reporting to the Executive Vice President, Investment Finance & Operations, the Vice President ... Audit & Risk Committee * Provide independent challenge and judgement regarding valuation ...

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All JobsVice President Risk JobsVice President Risk Jobs in Toronto, ON

Vice President Risk information

See Toronto, ON salary details

$36.3K

$147.5K

$209.5K

How much do vice president risk jobs pay per year?

As of Aug 8, 2026, the average yearly pay for vice president risk in Toronto, ON is $147,537.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,815.00 and $174,644.00 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 Toronto, ON? The most popular types of Risk jobs in Toronto, ON are:
Vice President Risk jobs near you
Infographic showing various Vice President Risk job openings in Toronto, ON 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, with an average salary of $147,537 per year, or $70.9 per hour.

Vice President, Technology Governance, Risk & Performance

First National Financial

Toronto, ON • On-site

$180 - $250/hr

Other

Posted 24 days ago

Job description

Vice President, Technology Governance, Risk & Performance

16 York St, Toronto, ON M5J, Canada

Job Description

Posted Wednesday, July 8, 2026 at 4:00 a.m. | Expires Thursday, July 30, 2026 at 3:59 a.m.

We are hiring a Vice President, Technology Governance, Risk and Performance

Reporting To:

CPTO

Full-Time/Part- Time:

Full-time

Posting Date:

July 8, 2026

Closing Date:

July 29, 2026

Hours of Work:

8:30 a.m. – 5:00 p.m.

Grade:

Office Location:

30.4

Toronto, ON

Great location! Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!

*Eligibility for benefits is dependent on the terms of employment

The Opportunity

The Vice President, Technology Governance, Risk and Performance reports to the Chief Product and Technology Officer and is accountable for governance, information security, technology risk, controls, financial management, vendor management, portfolio discipline and performance management capabilitiessupporting asecure, wellcontrolled, highperforming Product and Technology organization. The role provides enterprise-level oversightofthe technology portfolio, ensuring priorities, capacity, spend, vendors, security posture, technology risk, controls, delivery performance, systemhealthand value realization aretransparentand actively managed.

The VP partners closelywithEngineering, Enterprise IT and Infrastructure, Finance, Risk, Audit, Legal, Procurement, Compliance, businessleadersand external partners toestablishpractical standards, governance routines, reporting and executive decision support practices. The role ensures governance improves decision quality, risk management, security discipline, financialtransparencyand accountability whileremainingpragmatic andminimizingfrictionfor deliveryand operating teams.

How you will contribute:

  • Lead and develop the Technology Governance, Risk and Performance function as the CPTO organization’s central capability for standards, oversight, technology risk, controls, financial discipline, vendor management, informationsecurityand performance management.
  • Establish standards and governance routines for PDLC, SDLC, delivery governance, change management, incident management, system health monitoring, information security, technology riskmanagementand performance reporting.
  • Oversee technology risk, information security, IT controls, compliance, audit readiness, policy adherence, access controloversightand control evidence management, including leadership of the Information Security team and accountability for security strategy, incident readiness, securityreportingand security risk remediation.
  • Establish portfolio governance, demand intake, prioritization, capacity management, executive decision forums and reporting across Product and Technology.
  • Build technologyfinancial managementpractices covering budgets, forecasting, run costs, project costs, cloud cost discipline, investmenttrade-offsand cost to value transparency.
  • Own technology vendor management standards, vendor performance oversight, renewal discipline, sourcing transparency andthird-partytechnology risk coordination in partnership with Procurement, Legal, Finance,Riskand technologyowners.
  • Providea consistent executive view of delivery health, capacity, spend, risk, vendor performance, control posture, security posture, systemhealthand value realization to support prioritization and decision making.
  • Partner with Engineering, Enterprise IT and Infrastructure, Finance, Risk, Audit, Legal, Procurement,Complianceand business leaders to ensure standards, controls, funding, vendor, privacy,securityand regulatory requirements are practical, adopted and alignedwithdelivery and operational realities.
  • Ensure governance improves decision quality, risk visibility, financial discipline, delivery transparency, securitydisciplineand control effectiveness without becoming aconstraintfor Engineering or operating teams.
  • Build ahigh-performanceteam with strong judgment, independence, business orientation,collaborationand execution discipline, andoperateasa memberof the CPTO leadership team.

The experience you need:

  • Bachelor’s degree in technology, business, risk management, informationsecurityor a related discipline
  • 10 + years of progressive technology experiencerequired
  • Senior leadership experience across technology governance, technology risk, information security governance, controls, portfolio management,financial management, vendor oversight, or performance reporting.
  • Strong understanding of technology risk management, information security governance, IT controls, ITGCs, compliance, access control oversight, audit readiness, policy governance, and evidence management.
  • Experienceestablishingportfolio governance, demand intake, prioritization, capacity planning, delivery reporting, executive decision forums, and performance managementpractices.
  • Experience withtechnologyfinancial management, cloud cost discipline, vendor governance, third-party technology risk, investment tradeoffs, and cost-to-value reporting.
  • Ability tocreate standardsand governance routines that improve control, transparency, accountability, and performance without slowing accountable delivery or operating teams.
  • Strong executive reporting and communication skills, with the ability to turn complex delivery, risk, financial, vendor, security, and control information into clear decisions and actions.
  • Ability to partner effectivelywith Engineering, Enterprise IT and Infrastructure, Security, Finance, Risk, Audit, Legal, Procurement, Compliance, vendors, and business stakeholders.
  • Strongpeopleleadership capability, including building governance, security oversight, risk, portfolio, vendor, financial, and performance management.
  • Strong judgment, discretion, independence, collaboration, business orientation, and accountability in acomplexenvironment.
  • Experience in financial services, mortgage lending, lending operations, servicing, or regulated technology environments ispreferred.

Relationships:

  • External Customers: Engages vendors, assurance partners, advisors, and other external providers to support control effectiveness and decision quality.
  • Internal Customers: Partners with senior leaders, business teams, technology teams, and control partners to strengthen governance, security, risk, and performance.

Working Environment and Physical Demands Analysis:

  • Periods of high volume with tight timelines
  • Long periods of stationary position/sitting
  • Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
  • Long periods of time in viewing a computer screen
  • Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
  • Competitive Compensation
  • Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
  • Extensive training programs to set our employees up for success
  • Modern office environment conducive to collaboration
  • Supportive teamwork culture
  • Opportunities to give back to the communities and work through events focused on a variety of charities
  • Ongoing social events throughout the year

The team you’ll join:

Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.

Artificial Intelligence is not used in our recruitment or hiring process for this role. #FNLOON

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.

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