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Assistant Risk Manager Jobs in Paterson, NJ (NOW HIRING)

Amalgamated Bank of NY

Collateral Risk Manager

Manhattan, NY · On-site

$130K - $150K/yr

Purpose of Position The Collateral Risk Manager supports the Credit Risk Management department by ... Maintain vendor documentation including licenses, E&O insurance, and compliance materials. * Assist ...

Squarepoint Capital

Junior Risk Manager

New York, NY · On-site

$125K/yr

We are looking for a Junior Risk Manager to join our expanding discretionary team. This is a unique opportunity to help further develop Squarepoint's discretionary trading business worldwide. As a ...

Related

Manager, Risk Management

Manhattan, NY · On-site

$125K - $160K/yr

Responsibilities The Construction Risk Manager will support the Company's risk management programs ... * Assist in the coding, processing and dissemination of invoices to business units and verify ...

Related

Manager, Risk Management

Manhattan, NY · On-site

$125K - $160K/yr

Responsibilities The Construction Risk Manager will support the Company's risk management programs ... * Assist in the coding, processing and dissemination of invoices to business units and verify ...

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Assistant Risk Manager information

See Paterson, NJ salary details

$25.4K

$72.5K

$153.7K

How much do assistant risk manager jobs pay per year?

As of Aug 16, 2026, the average yearly pay for assistant risk manager in Paterson, NJ is $72,506.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,094.00 and $91,289.00 per year, depending on experience, location, and employer.

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.

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.

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.

What are popular job titles related to Assistant Risk Manager jobs in Paterson, NJ?

For Assistant Risk Manager jobs in Paterson, NJ, the most frequently searched job titles are:

What job categories do people searching Assistant Risk Manager jobs in Paterson, NJ look for?

The top searched job categories for Assistant Risk Manager jobs in Paterson, NJ are:

What cities near Paterson, NJ are hiring for Assistant Risk Manager jobs?

Cities near Paterson, NJ with the most Assistant Risk Manager job openings:

Assistant Risk Manager jobs near you

Collateral Risk Manager

Amalgamated Bank of NY

Manhattan, NY • On-site

$130K - $150K/yr

Full-time

Re-posted 21 days ago

Job description

Purpose of Position


The Collateral Risk Manager supports the Credit Risk Management department by managing procurement, coordination, and administration of third-party collateral reports including appraisals, environmental reports, and Property Condition Reports (PCRs/PCAs) for commercial real estate lending and portfolio management. The role emphasizes workflow management, vendor communication, appraisal review, invoice processing, and regulatory compliance.

Essential Job Functions:

Third-Party Report Procurement & Coordination

  • Manage the ordering of third-party due diligence reports including, appraisals, environmental reports, and PCR/engineering assessments.
  • Prepare engagement letters following internal and regulatory requirements.
  • Coordinate timelines, scope details, and deliverables with vendors.
  • Track report progress and provide updates to internal stakeholders.

Oversight of Appraisal & Review Processes

  • Direct the appraisal lifecycle: scoping, vendor assignment, review, and acceptance.
  • Maintain valuation independence structures and enforce regulatory firewalls.
  • Evaluate 3rd party reviews for credibility, regulatory compliance, and methodological soundness.
  • Lead coordination of resolution matters with 3rd party providers including appraisers & reviewers.

Vendor Management & Compliance Support

  • Maintain vendor documentation including licenses, E&O insurance, and compliance materials.
  • Assist with onboarding new valuation, environmental, and engineering vendors.
  • Track vendor performance issues and escalate as appropriate.

Invoice Management & Administrative Support

  • Receive, validate, and process third-party vendor invoices.
  • Resolve billing discrepancies and coordinate with Accounts Payable.
  • Maintain job dissemination and invoice records for audit support.

Workflow, Reporting & Documentation

  • Keep accurate pipeline trackers and workflow logs.
  • Update internal systems with delivery dates, vendor notes, and completed reports.
  • Support the Senior Credit Officer / Chief Appraiser in Policy enhancements, preparing audit exhibits, and Board materials.

Cross-Functional Collaboration

  • Provide professional communication and support to internal and external partners.
  • Responsiveness within the CRM group and the lending team is a must.

Knowledge, Skills and Experience Requirements:


Required Qualifications

  • Minimum 7 years of experience appraising and/or reviewing.
  • Minimum 4 years of experience working in regulated financial institution.
  • Must have clear understanding of USPAP
  • Strong administrative and organizational skills.
  • Proficiency in Excel, Word, and workflow systems.
  • Experience coordinating 3rd party vendors
  • High attention to detail and accuracy.
  • Certified General appraisal license.

Preferred Qualifications

  • Proficiency with Collateral 360.
  • Familiarity with environmental due diligence and PCR reporting.
  • Expertise in NYC Multifamily tax benefits.


Our job titles may span more than one career level. The starting base salary for this role is between $130,000 – $150,000. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

Hybrid Work Model
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.

Search Firm Representatives- Please Read Carefully
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.