The salary trajectory of a Senior Risk Manager ranges between locations and employers. The salary starts at CA$66,261 per year (estimate) and goes up to CA$148,887 per year (estimate) for the highest level of seniority.
The estimated average salary for a Senior Risk Manager at CIBC is CA$221,880 per year or CA$107 per hour, but some professionals have reported earning up to roughly CA$343,399 per year (90th percentile). The typical pay range is between CA$178,296 (25th percentile) and CA$280,301 (75th percentile) annually. This is based on 159 salaries submitted by CIBC Senior Risk Manager professionals on Glassdoor, as of Jun 2026.