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Assistant Risk Manager information

What does an assistant risk manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.

What are the key skills and qualifications needed to thrive as an assistant risk manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

How does an assistant risk manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

How much do assistant risk managers earn?

Assistant risk managers typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is an Assistant Risk Manager a stressful job?

An Assistant Risk Manager role involves identifying and analyzing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The job often requires attention to detail, problem-solving skills, and working under deadlines, which can contribute to workplace stress. However, stress levels vary depending on the organization, workload, and individual resilience.

What job categories do people searching Assistant Risk Manager jobs in Lexington Park, MD look for?

The top searched job categories for Assistant Risk Manager jobs in Lexington Park, MD are:

What cities near Lexington Park, MD are hiring for Assistant Risk Manager jobs?

Cities near Lexington Park, MD with the most Assistant Risk Manager job openings:

Assistant Risk Manager jobs near you
Infographic showing various Assistant Risk Manager job openings in Lexington Park, MD as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution.

Journeyman Risk Manager (ANKG25045)

Air Combat Effectiveness Consulting Group

Lexington Park, MD • On-site

Full-time

Medical, Dental, Vision, PTO

Re-posted 29 days ago

Job description

Job Type
Full-time
Description
As a Journeyman Program Analyst (Risk Manager), you will play a critical role in identifying, assessing, and mitigating risks across programs to ensure successful execution and compliance with organizational and contractual requirements. You will work closely with program managers, technical teams, and leadership to proactively manage risks and support informed decision-making. You will provide overall risk management support, as well as engineering support to an advanced research and development program.
Travel (~20%) is required for this position
What You'll Do
  • Develop the risk management strategy for documenting the risk management process within the organization
  • Develop and maintain a risk management repository on secure systems without traditional NAVAIR tools, actively track risks throughout the program
  • Submit risk reports to support program leadership decision points and program level meetings/briefings
  • Develop, implement, and document the application of risk metrics and prepare accurate, thorough, and complete risk reports
  • Represent the Risk Management Program at leadership meetings, conduct workshops, and hold one-on-one meetings to actively assist in risk tracking and mitigation.
  • Implement a risk assessment board, risk tools, practices and policies to manage risk to the greatest extent practical
  • Support the Risk Management process as delineated in the DoD Risk Management Guide for Defense Acquisition Programs using systems other than traditional NAVAIR systems/tools that are unique to the program
  • Support program management with communication to stakeholders, via presentations, briefings, the customer's process for managing the program's risks, issues, and opportunities

Your Day-to-Day
  • Create and manage risk tools for effective use by teams
  • Manage the risk process for multiple large programs
  • Serve as advisor at IPT and program RMB meetings
  • Maintain the RMP and risk register
  • Provide risk management training
  • Facilitate Working Groups with IPT/Teams to capture new risk, issues and opportunities, and update Mitigation, Corrective Action, and/or Opportunity Management Plans
  • Complete an initial screening of risks, issues and opportunities
  • Prepares risk briefings, reports, and documents required for program reviews

Requirements
Must Haves
  • Must have a Bachelor's Degree a Business related field from an accredited college or university.
  • Must have at least two (2) years of Risk Management experience in a DoD Program Office
  • Must have a DoD Secret Clearance

Nice To Haves
  • Proficient in Microsoft Office and Adobe products
  • Ability to demonstrate good oral and written communication skills
  • Have experience working in a dynamic, schedule constrained, and complex security environment

Who We Are
ACE Group is a Service-Disabled Veteran Owned Small Business that provides expertise in the operational application of current and future airborne weapons systems, with an emphasis on their lethality and survivability in the Battlespace. Our employees draw from a wealth of personal, professional and company experience to provide our Nation's decision makers with the knowledge required to optimally equip our Armed Services with affordable, lethal and survivable weapons systems. We serve as our customers' most trusted agents in their goal of producing enterprise-wide survivability investments and executable programs. We fill key roles within customer offices, offering critical knowledge regarding design, development, procurement, and test and evaluation of new and upgraded weapons and platforms. ACE Group's philosophy is simple: Our success must be grounded on service and honest relationships. We focus on meeting the needs of our customers and employees, and trust that with those satisfied employees and satisfied customers, the business will take care of itself. ACE Group provides exciting opportunities for professional growth, and generous benefits, including personal time off, individual and family health, vision, and dental benefits, and

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