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Operational Risk Analyst in Toronto, ON

Operational Risk Analyst Job Description

An Operational Risk Analyst supports the identification, assessment, and mitigation of operational risks across an organization. This role involves collecting and analyzing data related to processes, systems, and controls to pinpoint potential vulnerabilities and areas for improvement. The analyst helps develop risk reports, monitors key risk indicators, and assists in the implementation of risk mitigation strategies. This position demands strong analytical and problem-solving skills, meticulous attention to detail, and a foundational understanding of business operations and risk management principles. A Bachelor's Degree in Business, Finance, or a related field is essential, with relevant certifications (e.g., FRM, CRISC) preferred. A basic understanding of Canadian regulatory expectations for operational risk is beneficial.

Typical operational risk analyst duties:

Assist in identifying and assessing operational risks across various business processes.Collect and analyze operational risk data, including incident reporting and loss events.Support the development and monitoring of key risk indicators (KRIs).Help prepare operational risk reports for management.Collaborate with business units to document processes and controls.Assist in tracking and following up on risk mitigation action plans.Support compliance with internal policies and Canadian operational risk guidelines.Contribute to risk awareness and training initiatives within the organization.

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Request candidates now and a specialized recruiter will typically contact you within one business day to discuss your staffing needs and help you hire a operational risk analyst.Search operational risk analyst openings and apply now or submit your resume to be considered for opportunities that match your experience.
Salary for Operational Risk Analyst in Toronto, ON

86400 - 114210

Low
86400
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
99360
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
114210
The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 221940 264060 294570 Regulatory Reporting Manager 115290 133380 147150 Operational Risk Analysis Manager 107730 126090 146340 Market Risk Analysis Manager 98280 114480 133650 Market Risk Analyst 83160 94770 108000 Hedge Fund Accountant 73710 86940 97470 Fund Operations Specialist 57780 70740 87750 Anti-Money Laundering Specialist 70740 88290 101250 Fraud Investigator 61560 77220 87750 Mutual Fund Accountant 63720 70740 79380

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The salary benchmarks in the Canada Salary Guide From Robert Half are the result of a rigorous, multistep process designed to reflect projected market trends for 2027. They are based on actual compensation for professionals Robert Half has placed nationwide, along with third-party job posting data from Textkernel that we use for independent validation. Learn more about our methodology.
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