Risk Analyst Salaries in Canada

Updated Sept 27, 2023
Total Pay Range
$64K - $90K/yr
Average Base Pay

491 salaries

$64K

Low

$76K

Average

$90K

High

Additional Cash Compensation
Average$6,836Range$3,420 - $13,665
The average salary for Risk Analyst is $75,909 per year in the Canada. The average additional cash compensation for a Risk Analyst in the Canada is $6,836, with a range from $4,747 - $9,844. Salaries estimates are based on 491 salaries submitted anonymously to Glassdoor by Risk Analyst employees in Canada.

How accurate is this most likely Total Pay range (base + additional) of $64K-$90K/yr?

What is the salary trajectory for a Risk Analyst?

in Canada

$75,909 /yr
Risk Analyst
$94,888 /yr
Senior Risk Analyst
$79,725 /yr
Lead Risk Analyst
See Full Career Path

Download as data table

What is the salary trajectory for a Risk Analyst?

Job TitleSalary
Risk Analyst$75,909 /yr
Senior Risk Analyst$94,888 /yr
Lead Risk Analyst$79,725 /yr
What is the salary trajectory for a Risk Analyst?

in Canada

$75,909 /yr
Risk Analyst
$94,888 /yr
Senior Risk Analyst
$79,725 /yr
Lead Risk Analyst
See Full Career Path

Download as data table

What is the salary trajectory for a Risk Analyst?

Job TitleSalary
Risk Analyst$75,909 /yr
Senior Risk Analyst$94,888 /yr
Lead Risk Analyst$79,725 /yr

Salaries in Canada

Location

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Company

Average Base Salary in (CAD)

Range

TD
3.9

TD

Risk Analyst

$78,962

 /yr
Range: $55K - $102K
82 salaries
See 109 salaries from all locations

$55K

$102K

$54,500 - $102,466 Range

Wave
3.1

Wave

Risk Analyst

$62,302

 /yr
Range: $53K - $69K
23 salaries
See 23 salaries from all locations

$53K

$69K

$52,520 - $69,278 Range

RBC
4

RBC

Risk Analyst

$76,995

 /yr
Range: $54K - $113K
21 salaries
See 39 salaries from all locations

$54K

$113K

$54,482 - $112,804 Range

CIBC
4

CIBC

Risk Analyst

$71,870

 /yr
Range: $55K - $113K
20 salaries
See 29 salaries from all locations

$55K

$113K

$55,422 - $112,892 Range

Export Development Canada
4.1

Export Development Canada

Risk Analyst

$84,396

 /yr
Range: $65K - $108K
18 salaries
See 18 salaries from all locations

$65K

$108K

$65,000 - $107,647 Range

BMO Financial Group
3.9

BMO Financial Group

Risk Analyst

$71,032

 /yr
Range: $50K - $101K
16 salaries
See 21 salaries from all locations

$50K

$101K

$50,400 - $101,392 Range

RBC
4

RBC

Risk Analyst - Hourly Intern

$27

 /hr
Range: $20 - $44
16 salaries
See 39 salaries from all locations

$20

$44

$20 - $44 Range

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goeasy
4.1

goeasy

Risk Analyst

$70,147

 /yr
Range: $61K - $87K
9 salaries
See 9 salaries from all locations

$61K

$87K

$60,617 - $86,679 Range

Manulife
4

Manulife

Risk Analyst - Contractor

$71,087

 /yr
Range: $63K - $78K
9 salaries
See 24 salaries from all locations

$63K

$78K

$62,894 - $77,807 Range

Scotiabank
4

Scotiabank

Risk Analyst

$65,225

 /yr
Range: $46K - $95K
9 salaries
See 19 salaries from all locations

$46K

$95K

$46,229 - $95,000 Range

Manulife
4

Manulife

Risk Analyst

$80,000

 /yr
Range: $70K - $92K
8 salaries
See 24 salaries from all locations

$70K

$92K

$70,000 - $92,269 Range

TD
3.9

TD

Risk Analyst - Hourly Contractor

$33

 /hr
Range: $29 - $113
7 salaries
See 109 salaries from all locations

$29

$113

$29 - $113 Range

Sun Life
4.1

Sun Life

Risk Analyst

$66,224

 /yr
Range: $60K - $112K
6 salaries
See 7 salaries from all locations

$60K

$112K

$60,000 - $111,927 Range

Marsh
3.9

Marsh

Risk Analyst

$70,232

 /yr
Range: $65K - $77K
6 salaries
See 6 salaries from all locations

$65K

$77K

$65,429 - $76,891 Range

Manulife
4

Manulife

Risk Analyst - Hourly Intern

$28

 /hr
Range: $25 - $34
6 salaries
See 24 salaries from all locations

$25

$34

$25 - $34 Range

Points.com Inc.
4.3

Points.com Inc.

Risk Analyst

$57,530

 /yr
Range: $54K - $68K
6 salaries
See 6 salaries from all locations

$54K

$68K

$54,250 - $68,474 Range

Ontario Teachers' Pension Plan
4

Ontario Teachers' Pension Plan

Risk Analyst - Hourly Intern

$28

 /hr
Range: $25 - $30
6 salaries
See 8 salaries from all locations

$25

$30

$25 - $30 Range

Banque Nationale du Canada/National Bank of Canada
4.2

Banque Nationale du Canada/National Bank of Canada

Risk Analyst

$71,375

 /yr
Range: $71K - $93K
6 salaries
See 6 salaries from all locations

$71K

$93K

$70,789 - $92,956 Range

TD
3.9

TD

Risk Analyst - Intern

$50,762

 /yr
Range: $50K - $56K
5 salaries
See 109 salaries from all locations

$50K

$56K

$49,756 - $55,768 Range

Moneris
3.6

Moneris

Risk Analyst

$59,079

 /yr
Range: $44K - $61K
5 salaries
See 5 salaries from all locations

$44K

$61K

$43,837 - $60,948 Range

Download as data table

Risk Analyst Salaries

Job TitleSalary
Risk Analyst salaries - 82 salaries reported$78,962/yr
Risk Analyst salaries - 23 salaries reported$62,302/yr
Risk Analyst salaries - 21 salaries reported$76,995/yr
Risk Analyst salaries - 20 salaries reported$71,870/yr
Risk Analyst salaries - 18 salaries reported$84,396/yr
Risk Analyst salaries - 16 salaries reported$71,032/yr
Risk Analyst salaries - 16 salaries reported$27/hr
Risk Analyst salaries - 9 salaries reported$70,147/yr
Risk Analyst salaries - 9 salaries reported$71,087/yr
Risk Analyst salaries - 9 salaries reported$65,225/yr
Risk Analyst salaries - 8 salaries reported$80,000/yr
Risk Analyst salaries - 7 salaries reported$33/hr
Risk Analyst salaries - 6 salaries reported$66,224/yr
Risk Analyst salaries - 6 salaries reported$70,232/yr
Risk Analyst salaries - 6 salaries reported$28/hr
Risk Analyst salaries - 6 salaries reported$57,530/yr
Risk Analyst salaries - 6 salaries reported$28/hr
Risk Analyst salaries - 6 salaries reported$71,375/yr
Risk Analyst salaries - 5 salaries reported$50,762/yr
Risk Analyst salaries - 5 salaries reported$59,079/yr
Viewing 1 - 10 of 2,193

Frequently asked questions about a Risk Analyst salaries

The average salary for a Risk Analyst is $75,909 per year in Canada. Salaries estimates are based on 491 salaries submitted anonymously to Glassdoor by a Risk Analyst employees in Canada.

The highest salary for a Risk Analyst in Canada is $90,444 per year.

The lowest salary for a Risk Analyst in Canada is $63,942 per year.

Most employers require their risk analysts to have a master’s degree in economics, statistics, finance, business administration, or other business-related subjects. If you’re a risk analyst with only a bachelor’s degree, then consider earning your master’s degree if you want to increase your salary. An advanced degree will open up new opportunities for career advancement into higher-paying positions. Other popular certifications that will add value to your position include a Chartered Enterprise Risk Analyst (CERA), Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Certified Risk Manager (CRM), and Professional Risk Manager (PRM). Certifications like these keep your assessment and mitigation skills sharp and prove your knowledge and aptitude for higher-paying roles. Additionally, they demonstrate you’re current on the latest risk management strategies and theories and can implement them to mitigate risk in your company.

Are you currently working for a company as a risk analyst or contemplating a job offer as a risk analyst and don’t know how to go about negotiating a higher salary? To start with, research risk analyst job postings in your province or territory and take note of the salaries that have similar qualifications as you. This will give you a general idea of what you’re worth. Before you start negotiating, add 20% to that figure and make a list of your education, work experience, certifications, and some highlights that prove your value to the company. For example, how you assessed the effectiveness of the available economic data and advised on the appropriateness of monetary policies, resulting in a positive return on investment.

About 75.68% of Risk Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $6,836 in potential pay per year, among other factors, can qualify the annual pay of a Risk Analyst in Canada as a good salary.

Risk Analyst professionals in Canada have a wide total pay range, between $54,944 and $106,264 depending on experience, with an estimated total pay of $75,909 following the average career path of a Risk Analyst.

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