Risk Analyst Jobs in Ontario

A Risk Analyst in the banking industry identifies and analyses potential risks that could negatively impact the financial performance and reputation of the bank. They use their analytical skills to examine market trends, regulatory frameworks, economic data and the bank's business strategies to assess potential risks. These risks could come from diverse sources such as credit and market risk, operational risk, and regulatory risk. They produce risk reports and present their findings to the bank's management team and suggest ways to control, reduce, or prevent these risks. They also play a critical role in formulating risk management policies and processes.

For this role, a strong background in finance, economics, or statistics is usually required. Proficiency in statistical analysis software and data analysis is also critical. They should have good communication skills as they often need to present complex risk assessments to non-experts. Many employers prefer candidates with professional certifications such as the Financial Risk Manager (FRM) or the Professional Risk Manager (PRM). Before becoming a Risk Analyst, a person might have roles such as a Financial Analyst, Credit Analyst, or Data Analyst.

1-15 of 25 Jobs

Senior Risk Analyst - 176927

  • Toronto, ON
  • 22 hours ago
  • Toronto, ON
  • 22 hours ago

We are seeking a Senior Risk Analyst for a 9-month contract with a strong possibility for extension or conversion to a full-time employee....

Remote Work

Senior Risk Management Analyst

  • Toronto, ON
  • 2 days ago
  • Toronto, ON
  • 2 days ago

Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill...

Credit Analyst II- Commercial Banking

  • Kitchener, ON
  • 2 days ago
  • Kitchener, ON
  • 2 days ago

Work Location: Kitchener, Ontario, Canada Hours: 37.5 Line of Business: Credit Management Pay Details: $76,800 - $115,200 CAD TD is committed to providing fair and equitable compensation...

Senior Credit Analyst

  • Etobicoke, ON
  • 4 days ago
  • Etobicoke, ON
  • 4 days ago

Essential functions include providing independent credit analysis and making credit decisions within assigned authority for new and existing client risk relationships while ensuring compliance with...

Governance, Risk & Compliance Analyst

  • Toronto, ON
  • 4 days ago
  • Toronto, ON
  • 4 days ago

Artificial Intelligence. Actual Impact. At Docebo, AI isnt just a buzzword its how we help teams move faster, perform better, and focus on the work that actually matters. Our learning platform is...

Remote Work

2026 Winter - GRM, Risk Analyst - ALM Risk Intern (4 Months)

  • Toronto, ON
  • 5 days ago
  • Toronto, ON
  • 5 days ago

Job Description What is the opportunity? A co-op placement within the Asset-Liability Management Risk team (ALM Risk), part of Enterprise Balance Sheet and Liquidity Risk. With an enterprise-wide...

Analyst, Credit Management, Corporate Client Group

  • Toronto, ON
  • 5 days ago
  • Toronto, ON
  • 5 days ago

Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Job Skills Credit, Credit Analysis, Financial...

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the worlds leading financial groups. Across the globe, were...

Credit Analyst I, Ag. Services

  • Stratford, ON
  • 9 days ago
  • Stratford, ON
  • 9 days ago

Work Location: Stratford, Ontario, Canada Hours: 37.5 Line of Business: Credit Management Pay Details: $62,300 - $93,500 CAD TD is committed to providing fair and equitable compensation...

Senior Financial Crime Risk Analyst (3576)

  • Toronto, ON
  • 11 days ago
  • Toronto, ON
  • 11 days ago

Work Location: Toronto, Ontario, Canada Hours: 0 Line of Business: Financial Crime Risk Management Pay Details: $ 76,800 - $ 115,200 CAD TD is committed to providing fair and equitable...

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Financial Crime Risk Management Pay Details: $ 76,800 - $ 115,200 CAD TD is committed to providing fair and equitable...

Market Risk Analyst (3698)

  • Toronto, ON
  • 11 days ago
  • Toronto, ON
  • 11 days ago

Job Description: The Market Risk- Rates team are looking for a highly skilled Market Risk Analyst to join our dynamic team which covers Repo trading, Funding, Canadian Interest Rate Trading and IRT...

Senior Market Risk Analyst (3615)

  • Toronto, ON
  • 15 days ago
  • Toronto, ON
  • 15 days ago

Job Description: Reporting to the Market Risk Specialist, the Senior Market Risk Analysts accountabilities include: Support the risk appetite of the bank by independently identifying, measuring, analyzing...

Risk Analyst - Expert - 90318-1

  • Toronto, ON
  • 15 days ago
  • Toronto, ON
  • 15 days ago

Our client, a leading Canadian financial institution, is seeking a highly skilled Risk Analyst Expert to join their Risk Management team on an initial 5-month contract to support Project Tempo....

The Enterprise Risk Management (ERM) organization establishes the foundational principles that guide the firm's risk-taking activities. This encompasses defining the governance framework, setting...

Risk Analyst Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Data Analyst
This eight-course Professional Certificate from IBM prepares you with job-ready skills for an entry level data analyst role. Position yourself competitively and power your data analyst career for...
Cybersecurity Analyst
Get started in the exciting field of Cybersecurity with this IBM Cybersecurity Analyst Professional Certificate! Here you will learn all the important skills you need in order to become a...
Risk Management
Gain a solid foundation in risk management by learning risk assessment, analysis, and management techniques from Wall Street professionals. Taught by instructors with decades of experience on Wall...

Title Synonyms

Users interested in this job title also searched for the following job title


Salary for Risk Analyst Jobs in Ontario

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Risk Analyst positions.



Highest Education Level

Risk Analysts in Ontario offer the following education background
Bachelor's Degree
44.1%
Master's Degree
24.4%
High School or GED
11.7%
Associate's Degree
9.2%
Vocational Degree or Certification
7.2%
Doctorate Degree
1.5%
Some College
1.5%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Risk Analysts in Ontario
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



Risk Analyst Related Career Advice Articles

banker looking at charts on laptop
How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »