Risk Analyst Jobs in Ottawa, ON
Risk Analyst Salary in Ottawa
Salaries adjusted for Ottawa's cost of living index (108% of national average).
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Risk Analyst Job Market in Ottawa
Ottawa offers a competitive job market for Risk Analyst professionals. While Government leads the local economy, there's steady demand for Risk Analyst roles across various sectors. The market for Risk Analyst positions remains stable, with opportunities in both established companies and emerging businesses. Ottawa's population of 1.0 million supports a diverse job market with opportunities ranging from startups to enterprise organizations.
Top Companies Hiring Risk Analysts in Ottawa
Major employers hiring Risk Analysts in Ottawa include City of Ottawa, OC Transpo, Ottawa Hydro, NCC. These organizations offer competitive compensation packages and career growth opportunities for qualified Risk Analysts.
Risk Analyst Salary in Ottawa vs Other Cities
Risk Analyst salaries in Ottawa typically range from $70,200 to $113,400 annually. This is approximately 14% lower than Toronto, but the lower cost of living often results in similar take-home purchasing power.
Cost of Living for Risk Analysts in Ottawa
Living in Ottawa as a Risk Analyst means navigating a cost of living that's slightly above the national average. Average rent for a 1-bedroom apartment is approximately $1,900/month. With Risk Analyst salaries starting around $65,000, Ottawa offers good value for Risk Analyst professionals.
Commuting as a Risk Analyst in Ottawa
Ottawa new Confederation Line LRT with OC Transpo buses. Key transit tips: LRT connects east-west through downtown. Many government offices are transit-accessible.
Ottawa offers various neighborhoods suitable for Risk Analyst professionals, with options ranging from urban cores to suburban areas with good transit access.
Frequently Asked Questions About Risk Analyst Jobs in Ottawa
What is the average Risk Analyst salary in Ottawa?
Risk Analyst salaries in Ottawa typically range from $70,200 to $113,400 annually, depending on experience and company size. Ottawa's moderate cost of living means these salaries offer good purchasing power.
Is Ottawa a good city for Risk Analysts?
Ottawa is a major hub for Risk Analyst professionals. Government and Technology are the dominant industries, creating consistent demand. The city's population of 1017K supports a diverse job market with both established companies and emerging businesses.
What's the cost of living like for Risk Analysts in Ottawa?
Ottawa's cost of living index is 108 (national average = 100). Costs are slightly above average but manageable with professional salaries.
What skills are essential for Risk Analyst roles?
Key skills for Risk Analyst positions include Risk Assessment, Data Analysis, Financial Modeling, as well as Regulatory Knowledge and Reporting. Employers particularly value candidates who can demonstrate practical experience with these competencies through projects, certifications, or previous work experience.
What business degrees are most valued by Canadian employers?
An MBA from a recognized Canadian school (Rotman, Ivey, Schulich, Desautels) carries significant weight. Undergraduate commerce degrees from schools like Queen's, Western, and McGill are highly regarded. For specialized roles, designations like CPA, CFA, or PMP often matter more than the specific degree.
How important is networking for business careers in Canada?
Networking is crucial in Canadian business culture. Many positions are filled through referrals and connections. Industry associations, alumni networks, and professional organizations (boards of trade, industry councils) are valuable resources. LinkedIn is widely used, and coffee chats are a common Canadian networking approach.
What industries offer the best business career opportunities in Canada?
Financial services in Toronto, energy in Calgary, technology across major cities, and natural resources nationally offer strong business career paths. Healthcare management is growing. Government and non-profit sectors provide stable opportunities. Consulting and professional services remain strong entry points for business graduates.
Is remote work common for business roles in Canada?
Post-pandemic, many Canadian companies adopted hybrid or remote-first policies for business roles. Technology, consulting, and financial services tend to offer the most flexibility. Traditional industries and client-facing roles may require more in-office presence. Remote work policies vary significantly by company and role.
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