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Associate Risk Manager Jobs in Maryland (NOW HIRING)

Allianz

Risk Underwriting, Industry Manager

Baltimore, MD · On-site

$150K - $180K/yr

As an associate, you'll be supported with resources, benefits, and work-life balance so you can ... Manage a portfolio of high value clients to drive increased retention and galvanize the customer ...

Crisis24

Associate Consultant

Annapolis, MD · On-site

About Crisis24 Crisis24 is a global, AI-enhanced provider of travel risk management, mass ... No two days are the same, and the Associate Consultant will work on bespoke reporting and threat ...

Allianz

Risk Underwriting, Industry Manager

Baltimore, MD · On-site

$150K - $180K/yr

Manage a portfolio of high value clients to drive increased retention and galvanize the customer ... As an associate, you'll be supported with resources, benefits, and work-life balance so you can ...

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All JobsAssociate Risk JobsAssociate Risk Manager JobsAssociate Risk Manager Jobs in Maryland

Associate Risk Manager information

See Maryland salary details

$12

$24

$51

How much do associate risk manager jobs pay per hour?

As of Jul 10, 2026, the average hourly pay for associate risk manager in Maryland is $24.89, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $28.03 per hour, depending on experience, location, and employer.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $70,000 to over $120,000, with higher earnings possible for those with advanced certifications like the CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.

How much does a risk manager get paid?

The average salary for an associate risk manager typically ranges from $60,000 to $100,000 annually, depending on experience, industry, and location. Entry-level positions may start lower, while experienced risk managers with certifications like FRM or CRM can earn higher salaries, often supplemented with bonuses and benefits.

What are the key skills and qualifications needed to thrive as an Associate Risk Manager, and why are they important?

To thrive as an Associate Risk Manager, you need strong analytical abilities, knowledge of risk assessment methodologies, and a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, Microsoft Excel, and relevant certifications such as CRM or FRM are commonly expected. Excellent communication, problem-solving skills, and attention to detail help you collaborate effectively and identify potential risks. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to support informed decision-making and safeguard company assets.

What are some common challenges an Associate Risk Manager faces when collaborating across departments?

Associate Risk Managers often work closely with various departments such as finance, operations, and compliance to identify and mitigate risks. A common challenge is ensuring clear communication and alignment, as different teams may have varying priorities and levels of risk awareness. Successfully navigating these dynamics requires strong interpersonal skills and the ability to translate complex risk concepts into actionable recommendations for non-specialists. Building trust and maintaining open lines of communication are key to fostering effective cross-departmental collaboration.

What is the difference between Associate Risk Manager vs Risk Analyst?

AspectAssociate Risk ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's degree, certifications like CRM or FRM beneficial
Work EnvironmentCollaborates with risk management teams, involved in strategy developmentAnalyzes data, assesses risks, supports risk management decisions
Employer & Industry UsageInsurance, banking, corporate risk departmentsFinancial services, insurance, consulting firms

The Associate Risk Manager and Risk Analyst roles share similar credentials and industry usage, but the Associate Risk Manager typically has more involvement in strategic planning and risk mitigation efforts, whereas the Risk Analyst focuses more on data analysis and risk assessment support.

What does an Associate Risk Manager do?

An Associate Risk Manager is responsible for helping organizations identify, assess, and minimize risks that could impact their operations, finances, or reputation. They work closely with senior risk managers to develop risk management strategies, conduct risk assessments, and implement control measures. Their duties may also include analyzing data, preparing reports, and ensuring compliance with regulatory requirements. This role is often entry-level or early-career, providing foundational experience in risk management practices. Associate Risk Managers play a key role in supporting the overall risk management framework within an organization.

What is the highest salary for a risk manager?

The highest salaries for associate risk managers can reach over $120,000 annually, especially for those with extensive experience, specialized certifications, or working in high-demand industries. Senior risk managers or those in leadership roles can earn significantly higher, often exceeding $150,000 to $200,000 per year.

What is an associate risk manager?

An associate risk manager is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support senior risk managers by analyzing data, preparing reports, and implementing risk management strategies, typically requiring knowledge of risk assessment tools and relevant certifications such as CRM or FRM.
What are the most commonly searched types of Risk Manager jobs in Maryland? The most popular types of Risk Manager jobs in Maryland are:
What are popular job titles related to Associate Risk Manager jobs in Maryland? For Associate Risk Manager jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Associate Risk Manager jobs in Maryland look for? The top searched job categories for Associate Risk Manager jobs in Maryland are:
Associate Risk Manager jobs near you
Infographic showing various Associate Risk Manager job openings in Maryland as of July 2026, with employment types broken down into 1% As Needed, 65% Full Time, 31% Part Time, 2% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $51,763 per year, or $24.9 per hour.
Senior Associate, Corporate Finance

Senior Associate, Corporate Finance

Forbright Bank

Chevy Chase, MD • On-site

$105K - $120K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 24 days ago

Job description

COMPANY DESCRIPTION:  Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries. 
 
COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.
 
COMPANY MISSION:  We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright's capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future. 

JOB SUMMARY: The Senior Associate is responsible for reviewing new transactions ("Underwriting") and ongoing monitoring and ownership of the existing portfolio ("Portfolio Management"). This role helps oversee a portfolio of loans that they have helped underwrite, providing an opportunity to learn from the full cycle of an investment.  
DUTIES AND RESPONSIBILITIES:

  • Participate in meetings with private equity sponsors and borrowers to develop an understanding of a company 

  • Prepare and review the following: 

    • Materials including confidential investment memorandums, management/lender presentations and other documents 

    • Third-party diligence reports including quality of earnings, industry/market studies, operational diligence, environmental diligence, and others 

    • Financial statements, sponsor models and all other relevant financial information to understand business trends including segment performance, customer growth, etc. 

  • Participate in the process for amendments, waivers and restructurings of borrowers within the assigned portfolio 

    • Identify attributes of a company which support the investment thesis as well as factors which pose a risk to the business. Identify and describe mitigating factors present in the business, structure of the credit, etc. which offset the risks identified 

    • Perform industry research to understand macro trends that impact a company and the competitive environment that it operates in 

    • Create and write detailed investment memorandums which outline the opportunity 

    • Assist in reviewing legal documents to ensure the Bank's understanding of key business terms. Work with external legal counsel to document final investment terms 

    • Actively monitor the assigned portfolio on an ongoing basis.  Participate in real-time credit discussions as well as scheduled quarterly reviews throughout the life of the loan 

    • Ensure timely receipt of deliverables and manage the credit file for the assigned portfolio 

    • Support the activities of BancAlliance, a network of community banks advised by Alliance Partners, a subsidiary of Forbright Bank 

  • Perform other duties as assigned 

QUALIFICATIONS:

  • High School Diploma (or GED) required; Bachelor's Degree with a focus on accounting, finance, economics or another quantitative degree preferred  

  • Minimum of 4 years of experience in a public accounting, financial consulting, valuation, leveraged finance, investment banking, or another area of finance or accounting required 

  • Strong quantitative and qualitative analytical skills 

  • Knowledge of finance and accounting, including financial statement analysis 

  • Understanding of debt finance products and services, risk management and credit quality across different industry sectors 

  • Work under pressure on multiple projects in parallel while still meeting deadlines 

  • Synthesize information from various sources and comprehend multiple, distinct points of views on any given topic 

  • Strong Excel-based modeling skills preferred 

  • Familiarity with CapitalIQ, Pitchbook, Bloomberg, and other market data sources preferred 

  • Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)   

  • Excellent verbal, written, and interpersonal communication skills   

  • Strong organizational skills and attention to detail    

  • Outstanding problem-solving and time management skills   

  • Self-motivated, self-directed, and results-oriented  

  • Adaptable and able to multitask in a fast-paced environment   

  • Can work independently and within a team; solution-oriented with a collaborative approach 

$105,000 - $120,000 a year
The pay range for this position is above. The specific rate will depend on the successful candidate's qualifications and prior experience $105,000 (entry level qualifications) to $120,000 (highly experienced).
POSITION REQUIREMENTS: We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those to successfully perform duties of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. While performing duties of this job, the employee may be regularly required for extended periods of time to:
Remain in a stationary position
Use hands and fingers 
Utilize a computer monitor with visual acuity
Operate technology or other office machinery such as printers, scanners, etc.
Communicate clearly verbally and/or in writing with others
 
ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description. 
 
PERKS/BENEFITS:
Comprehensive health, dental, and vision plans
4 weeks PTO
401k + company match
Metro SmartTrip benefits ($50/mo)
Remote or hybrid (4 days per week in-office) work schedules for most positions
Incentives for purchasing solar panels, electric vehicles, biking to work, etc.
Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
The Washington Post Top Workplaces winner for four consecutive years (2023-2026)
 
CORE PRINCIPLES:
Excellence: Excellence is not a goal, but a standard, reflected in the precision of our work and the quality of our decisions. Excellence is a discipline that compounds over time and creates lasting value; it must be measured and managed. 
People: Our people are our greatest strength. We foster a culture of respect, inclusion, and ambition - where everyone matters. We celebrate collaboration and teamwork and prize loyalty - to one another, the company, our mission, and values.   
Innovation: We invest boldly in technology, harnessing innovation not for its own sake but to make banking and lending better, faster, and smarter for our clients, more efficient for our team, and more profitable for our shareholders.  By combining human insight with technological excellence, we strengthen our ability to serve, to adapt, and to succeed in a changing world.  Innovation is a continuous investment in new ideas. 
Sound Practices: Our foundation rests on prudence, care, integrity, and discipline. We manage credit and business risk with rigor and fundamentals-based judgment, act with transparency, and uphold the highest standards of corporate governance and regulatory compliance to ensure sustainable growth and enduring financial strength.   
Distinct Value: We focus our energy where we add value. We avoid the commoditized and the ordinary, choosing to compete through insight, specialization, technology and service. By concentrating on areas where expertise matters and relationships endure, we create differentiation that is defensible and lasting. 
Clients: We exist to advance our clients' success and to help them grow. We listen deeply, think creatively, and deliver solutions that solve problems, drive impact and add value. Every client relationship is built on partnership, performance, and purpose. 
Shareholders: We are committed to creating exceptional value for our shareholders. We invest for the long term and view our shareholders as partners - not observers - in value creation. We allocate capital wisely, execute with precision, and continuously adapt our business model to pursue the most attractive, risk-adjusted returns. We work to make rational decisions, avoid unnecessary complexity, maintain strong liquidity and capital, and communicate with clarity and honesty. We measure success both by current performance and by the durability and quality of the long-term value we build.  
Communities and the Environment: We believe prosperity and responsibility go hand in hand. We invest in inclusive opportunity and environmental stewardship. Our goal is simple - to do our part build a brighter, more sustainable future for the communities we serve and the world we share. 
 
It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.
 
Employment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time.
 
By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.
AI tools may be used in certain stages of the employment lifecycle, such as candidate review; however, all final employment decisions will be made by a person. State agencies are currently developing rules that will provide additional guidance regarding the circumstances, timing, and specific information required for this notice. Forbright Bank will update its procedures and disclosures as necessary to comply with any such forthcoming rules or requirements.
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