Job Description
Payments Canada is at the forefront of the Canadian payment ecosystem. Our purpose is to make payments easier, smarter and safer for all Canadians. Every day we are working diligently to ensure your payments are cleared and settled. In 2024 alone, our systems cleared approximately $107 trillion or $424 billion each business day! If you are passionate about payments and want to help ensure that these financial transactions in Canada are carried out safely and securely, working with us is for you!
| Who we are
We are a public purpose, non-profit organization situated at the centre of Canada’s payment ecosystem. We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. We convene ecosystem participants to discuss their multiple and diverse interests and ideas and to navigate industry-level challenges. We adhere to a set of values that are our north star: Inspire trust, build community and enable change.
Payments Canada — where our country connects:
Payments Canada — Who we are
| Our culture
With our people in mind we have created a culture that fosters authenticity, collaboration, innovation and development. We empower one another, make meaningful contributions that not only impact the organization, but our country! We develop and nurture meaningful connections that drive innovation in our ecosystem. We are Payments Canada!
Do you want to make payments easier, smarter and safer for Canada? Join us today!
You need to work here if
• You love working with passionate, ambitious and collaborative colleagues.
• You want to be challenged and lead unique initiatives.
• You want to grow, develop and become a subject matter expert in your field.
• You want your work to make an impact in your community and country.
Come and join us — where payments meet purpose!
| What we are looking for
Reporting to the Manager, Payment Product Risk, the Senior Risk Analyst is responsible for supporting the development, implementation, and ongoing maintenance of the payment systems’ risk management approach in alignment with the Enterprise Risk Management (ERM) Program at Payments Canada. The Senior Risk Analyst will also support the management and monitoring of risks within various strategic programs (both enterprise and payment systems focused) as well as support and contribute to the Enterprise and Payment Product Risk Team’s development and maintenance of policies and procedures and reporting activities.
| A day in the life
Responsibilities of the Senior Risk Analyst include:
Risk Frameworks and Emerging Risks
• Support the development, implementation, and continuous improvement of payment product risk models, frameworks, and tools in alignment with the ERM Program.
• Lead the research and monitoring of organizational emerging risks, contribute to risk reporting, and support strategic projects in risk identification and assessment.
Governance and Reporting
• Assist in the coordination and preparation of materials for internal and external risk committees.
• Lead the annual refresh of risk appetite statements and associated risk metrics with key stakeholders, and conduct quarterly review of risk metrics data and breaches for board reporting.
Stakeholder Relations and Data Maintenance
• Build and maintain effective relationships with stakeholders and risk management experts, both internally and externally.
• Maintain enterprise-wide risk related repositories/registers and perform regular follow up.
| What you will need to be successful
• Undergraduate degree in business/commerce or analytics (business analytics, finance, accounting, information systems, process management, etc.);
• Minimum of 5 years of recent experience in risk management, process management, and business analytics/reporting;
• Strong relationship management, presentation and thought leadership skills;
• Knowledge of risk management principles, methodologies/processes, and best practices;
• Ability to effectively influence and constructively challenge stakeholders in support of effective risk management across the organization;
• Experience applying risk management practices to complex projects/initiatives;
• Eligibility to successfully complete background checks that will be carried out by Payments Canada, including criminal, credit, identity, employment, and education checks.
| You will really stand out with
• Experience with BI and GRC tools (ServiceNow, Tableau, Smartsheet, etc) is considered as an asset
| Salary range
• Based on qualifications and experience: $88,000 to $118,000
Please submit your application by April 16, 2026
| What's in it for you?
• Flexible, hybrid (remote/office) environment.
• Competitive compensation package, including annual variable bonus and defined contribution pension plan with employer matching percentage (if eligible).
• Comprehensive health and dental benefit coverage, including mental health coverage, life insurance and a health spending account for you and your dependents (Permanent and temporary employees with contracts 12 months and over).
• Paid time off: minimum four weeks paid vacation, sick and personal days, December holiday shutdown and cultural holiday observance days.
• 26 weeks of paid maternity and parental leave top-up (if eligible)
• Rewards and recognition program.
• Access to office gym facilities.
• Internal and external professional development opportunities.
• Fun team and organizational events.
• Monthly all staff forums led by our Executive Leadership Team.
| Our Commitment to Fair Hiring
At Payments Canada, we are dedicated to fair, transparent and inclusive hiring. We are an equal opportunity employer and value diversity at our company. Our recruitment process uses automated tools, but not generative AI, to objectively screen and evaluate applications and confirm that a candidate’s qualifications meet job requirements.
It is important to remember that these tools support, but do not replace, human decision-making. Our trained recruitment professionals and hiring managers always make the final hiring decisions.
| Our diversity, inclusion and equity commitment
At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.
We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation by emailing hrinfo@payments.ca.
We thank all applicants for their interest in this opportunity. Preference will be given to Canadian citizens and permanent residents. Only selected candidates will be contacted for an interview.
