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Bank Risk Management Jobs in California (NOW HIRING)

Develop, manage, and enhance relevant policies and procedures in alignment with the Bank's Risk Management Framework and Risk Appetite Statement. * Enhance enterprise-level risk reporting to risk ...

Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank-wide Impact Finance (IF - formerly Community Development Corp) portfolio across U.S. Bank. IF is part ...

Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank-wide Impact Finance (IF - formerly Community Development Corp) portfolio across U.S. Bank. IF is part ...

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Bank Risk Management information

See California salary details

$50.8K

$110.1K

$167.8K

How much do bank risk management jobs pay per year?

As of Aug 11, 2026, the average yearly pay for bank risk management in California is $110,095.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,800.00 and $127,300.00 per year, depending on experience, location, and employer.

What does a bank risk management do in a bank?

A bank risk management professional identifies, assesses, and monitors financial risks such as credit, market, and operational risks to ensure the bank's stability. They develop strategies and policies to mitigate potential losses and often use risk management tools and data analysis to support decision-making. Strong analytical skills and knowledge of banking regulations are essential for this role.

What are some common challenges faced in bank risk management?

One of the primary challenges in Bank Risk Management is staying updated with constantly evolving regulatory requirements and ensuring the bank's practices remain compliant. Additionally, professionals in this field must analyze complex financial data to anticipate and mitigate potential risks, which requires accuracy and keen attention to detail. Collaboration with other departments, such as credit, compliance, and operations teams, is frequent and essential for gathering information and implementing risk strategies. Successfully navigating these challenges improves organizational resilience and protects the bank's financial stability.

What are the key skills and qualifications needed to thrive in bank risk management?

To thrive in Bank Risk Management, you generally need strong analytical skills, knowledge of finance and banking regulations, and a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, critical thinking, and problem-solving abilities are important soft skills for interpreting data and presenting recommendations to stakeholders. These capabilities are essential for identifying, assessing, and mitigating risks that could impact the financial health and regulatory compliance of the bank.

What is bank risk management?

A Bank Risk Management job involves identifying, assessing, and mitigating financial risks that could impact a bank's operations and stability. Professionals in this role analyze credit, market, operational, and regulatory risks to ensure the bank complies with industry standards and maintains financial security. They develop risk models, monitor exposure, and implement strategies to minimize potential losses. Strong analytical skills, regulatory knowledge, and financial expertise are essential for this role.

Is bank risk management a good career?

Bank risk management is a vital role that involves identifying, analyzing, and mitigating financial risks within banking institutions. It requires strong analytical skills, knowledge of financial regulations, and often certifications like FRM or CFA. The field offers stable employment, competitive salaries, and opportunities for advancement in the financial industry.
What are the most commonly searched types of Bank Risk Management jobs in California? The most popular types of Bank Risk Management jobs in California are:
What are popular job titles related to Bank Risk Management jobs in California? For Bank Risk Management jobs in California, the most frequently searched job titles are:
What job categories do people searching Bank Risk Management jobs in California look for? The top searched job categories for Bank Risk Management jobs in California are:
What cities in California are hiring for Bank Risk Management jobs? Cities in California with the most Bank Risk Management job openings:
Infographic showing various Bank Risk Management job openings in California as of August 2026, with employment types broken down into 73% Full Time, 22% Part Time, 3% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $110,095 per year, or $52.9 per hour.

Risk Appetite & Assessment Analyst

Cathay Bank

El Monte, CA โ€ข On-site

$84K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 17 days ago


Job description

People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What our team members are saying:
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Learn more about us at cathaybank.com
GENERAL SUMMARY
The Risk Appetite & Assessment Analyst supports the development, execution, and continuous enhancement of the Bank's Enterprise Risk Management framework. Integral to the Enterprise Risk Management department as part of the second line of defense, this role has a key part in maintaining the Bank's risk appetite program, conducting enterprise wide risk assessments, and producing high quality risk reporting for senior leadership and Board committees. The Analyst collaborates with business units and risk owners to gather data, analyze trends, and ensure that risk information is accurate, timely, and aligned with regulatory expectations. The position requires strong analytical skills, attention to detail, and the ability to translate complex risk information into clear, actionable insights.
ESSENTIAL FUNCTIONS
  • Develop, monitor, and refine risk appetite statements, metrics, and thresholds.
  • Support the quarterly risk appetite reporting process, including data collection, validation, and variance analysis.
  • Develop, manage, and enhance relevant policies and procedures in alignment with the Bank's Risk Management Framework and Risk Appetite Statement.
  • Enhance enterprise-level risk reporting to risk committees and develop and maintain board-level reports, analytics, and trends.
  • Track performance against risk appetite limits and escalate potential breaches or emerging concerns.
  • Prepare recurring and ad hoc ERM reports, dashboards, and presentations for senior management and Board committees.
  • Support efforts to enhance automation and data quality in risk reporting through collaboration with the ERM GRC Integration team.
  • Help maintain documentation and governance materials related to the risk appetite framework.
  • Support the annual enterprise wide Risk Identification and Assessment process, including data gathering, scoring, and analysis.
  • Facilitate risk assessment workshops and interviews with business units.
  • Contribute to the maintenance and enhancement of the Bank's risk taxonomy and risk assessment methodologies.
  • Analyze risk trends and emerging risks to support forward looking risk assessments.
  • Develop training specific to main areas of focus, such as Risk Appetite, Risk ID, and the processes outlined in respective policies.
  • Consolidate and analyze risk data from multiple sources to produce clear, accurate, and insightful reporting.
  • Support enhancements to risk data quality, reporting automation, and visualization tools.

QUALIFICATIONS
Education:
  • Bachelor's degree in Finance, Business Administration, Risk Management, Data Analytics or related field.

Experience:
  • Minimum 3 years of relevant Financial Sector experience with particular focus in Risk Management, preferably in mid to large size U.S. banking institutions.
  • Minimum 3 years of experience in risk management, financial analysis, audit, or a related discipline within financial services.
  • Experience designing and developing Risk reports for risk committees and Board.
  • Familiarity with regulatory expectations related to ERM (OCC, FRB, FDIC), preferred.

Skills/Ability:
  • Strong analytical and quantitative skills with the ability to interpret and synthesize complex data
  • Self-motivated with an analytical mindset and a drive to develop new programs.
  • Proven record of delivering high quality results within strict deadlines.
  • Strategic thinking and the ability to convert plans into action.
  • Strong ability to operate in an environment of change.
  • Ability to present complex information clearly and concisely to diverse audiences.
  • Proven leadership with a strong focus on execution.
  • Strong interpersonal skills. Ability to build and expand trusting relationships and partnerships.
  • Strong verbal and written communication skills; ability to synthesize and present complex information clearly.
  • Proficiency in Microsoft Office suite - Word, Excel, Outlook, SharePoint, Teams.

OTHER DETAILS
$84K - $90K / year
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
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