Senior Risk Manager Salaries in Toronto, ON
Alternate Job Titles: Operational Risk Senior Manager
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How much does a Senior Risk Manager in Toronto, ON make? The median annual Senior Risk Manager salary in Toronto, ON is C$179,393, as of March 25, 2025, with a range usually between C$157,263-C$203,905 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Senior Risk Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Senior Risk Manager in Toronto, ON.
This chart describes the expected percentage of people who perform the job of Senior Risk Manager in Toronto, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Senior Risk Manager in Toronto, ON is C$179,393, so 50% of the people who perform the job of Senior Risk Manager in Toronto, ON are expected to make less than C$179,393.
Source: HR Reported data as of March 25, 2025
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This chart describes the expected percentage of people who perform the job of Senior Risk Manager in Toronto, ON that make less than that salary. For example 50% of the people who perform the job of Senior Risk Manager in Toronto, ON are expected to make less than the median.
Source: HR Reported data as of March 25, 2025
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Manages and administers an organization's risk-management programs. Implements policies, procedures, and controls to monitor and minimize the risk exposure of assets. Researches internal and external risk factors including economic, market, and regulatory risks that may affect the organization. Routinely evaluates the effectiveness of procedures and collaborates with internal stakeholders to monitor changes in the business environment. Manages statistical analysis and designing of financial models to predict the risk exposure of an organization's assets. Reviews risk analysis reports to ensure risks are identified and managed effectively. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View full job description
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