Senior Risk Specialist

Requisition ID:

20704

Job Title:

Risk Management Lead

Vacancy Type:

Regular

Jurisdiction:

Society

Business Unit:

Corporate Services

Division:

Risk, Performance, Resilience & Internal Audit

Date Posted:

April 28, 2026

Closing Date:

May 19, 2026

PIP Affected:

No

Band/Grade:

MP5

Occupation Code:

Risk Management Lead

Wage Schedule:

1

Standard Weekly Hours:

35

Shift Work:

No

Number Required:

1

Location:

Upper Middle Road

Status:

Regular

Annual Pay Range:

For standard 35-hour work week

Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10

$118,456 $126,880 $135,356 $142,116 $148,876 $153,972 $159,068 $162,448 $165,828 $169,208

The successful candidate will be placed at the appropriate step within the salary grade/band, based on relevant years of experience and other applicable considerations.

Who We Are

Our central role includes managing the provincial power grid in real-time, overseeing and evolving Ontario’s electricity market, engaging with government, municipalities and Indigenous communities, and planning for Ontario’s future electricity needs. Our employees play a key role in driving grid innovation, protecting the system from threats, advancing the province’s energy conservation programs, and forecasting and procuring the electricity resources we’ll need in the decades to come.

This is a unionized position that falls within the Corporate Services Business Unit.

What Makes This Role Exciting

The energy sector is rapidly evolving, offering exciting new opportunities for those who want to make a difference.

The Risk Management Lead will manage the development, execution, and governance of the IESO’s enterprise risk management program, collaborating across the organization to identify, assess, monitor, and report on enterprise‑level risks. They will also ensure alignment of risk management activities with the ERM framework while supporting executive and Board reporting as well as enterprise and business planning processes.

What You’ll Do

In this role, you’ll make a meaningful impact by contributing to the IESO team and supporting the electricity needs of the province through:

- Lead enterprise‑wide risk management activities, including the identification, assessment, aggregation, and monitoring of risks, while setting and guiding risk targets that support organizational objectives.

- Advise and partner with business units, Risk Owners, and senior leaders to develop effective risk response plans, strengthen governance practices, and promote a proactive, organization‑wide risk culture.

- Develop and enhance ERM frameworks, policies, standards, and training, ensuring consistent, high‑quality risk management practices and continuous improvement in risk maturity.

- Prepare and deliver comprehensive risk reporting—including ERM dashboards, corporate risk profiles, and Board‑level updates—that clearly communicate trends, emerging risks, and mitigation progress.

- Coordinate with internal stakeholders and external partners to support key risk initiatives, oversee project deliverables, and ensure high‑quality, timely execution of risk‑related work.

Role Requirements

Our team consists of experts from diverse backgrounds, each bringing their unique perspectives and skills.

Education

To succeed in this role, you’ll need:

- Requires knowledge of business principles and processes to conduct strategic business assessments, conduct research, support the development of high value risk reports, and contribute to the provision of direction, guidelines and recommendations for achieving effective management systems and business processes.

- This knowledge is considered to be normally acquired through the completion of four-year University education in the appropriate field or by having the equivalent level of education.

Experience

- Requires experience in management consulting, technical and analytical knowledge and understanding of the energy industry; specifically energy systems, markets and energy management.

- Requires experience in the development, coordination and management of projects along with strong business acumen with excellent analytical and problem-solving skills with the ability to recognize and identify critical issues.

- Requires broad experience within the company and business unit environments to understand the overall business, its operations, processes, information systems and structure. Requires experience in identifying emerging business issues and business development initiatives and opportunities.

- Requires excellent communications skills and ability to advise the leadership team on complex, cross-functional issues and decisions that impact the organization’s ability to effectively manage its risk exposure and a focus on operational efficiency and speed of execution for key priorities.

- Requires a good track record for creating a means for monitoring and communicating results that is meaningful to team members and inspires continuous improvement.

- Self-directed, courageous, and highly motivated with excellent interpersonal and communication skills.

- Excellent interpersonal skills with the ability to build partnerships and generate consensus.

A period of over 8 years and up to and including 10 years is considered necessary to gain this experience.

How We Support You

From a comprehensive total rewards program to dynamic learning and development opportunities—including job rotations to broaden your expertise—we empower you to define and shape your own success. When you join the IESO, here’s what you can expect:

- Best-in-class benefits and long-term support in the form of a defined benefit pension plan.

- Work in a dynamic and evolving sector that offers exciting opportunities and the chance to explore new career paths.

- Leadership that values meaningful discussions, welcomes feedback, and prioritizes career development.

- A strong, inclusive culture and a collaborative team environment with a shared passion for impactful work.

- Compensation packages that are regularly reviewed to remain competitive and to best accommodate the diverse needs of our employees.

Deadline

May 19,2026. For future reference, please save a copy of the job posting as it will no longer be available once the posting closes.

Thank you for your interest in a career at the IESO. Only candidates selected for an interview will be contacted. Please note that the successful candidate must be legally eligible to work in Canada and will be subject to applicable background checks.

IESO will not conduct interviews or offer positions via online, text, chat or social media platforms. We will not gather personal information directly from candidates or potential candidates. Selected candidates will work with our Talent Acquisition team to ensure their application is processed.

The IESO will be transitioning to a 3-day in-office work week effective January 2026. Over the course of 2026, the IESO will advance plans to acquire additional office space to accommodate more in-office time. While the timeline for moving to a full 5-day in-office model has not yet been established, we are committed to keeping employees and candidates informed as plans progress and give them as much advance notice as possible to prepare for any changes.

We believe in opportunities for everyone.

At the IESO, we know that achieving great results depends on embracing diversity by attracting, developing, and retaining people from a wide variety of backgrounds. We do this by ensuring our recruitment and advancement policies are fair and equitable, and by creating an accessible and inclusive environment—one that values every team member’s unique skills and experiences and ensures they have the support they need to achieve their potential. If you require accommodation during the recruitment process, please let us know. We’re proud to say we’ve been recognized as a supportive, inclusive employer.

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