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Bank Risk Management Jobs in Boston, MA (NOW HIRING)

Fintech Risk Analyst

Boston, MA ยท On-site

$95 - $140/hr

Risk Management Employment Type: Full Time Location: Remote Description Grasshopper Bank is a client-first , digital bank built for the business and innovation economy, with an obsession for ...

New

Experience supporting Commercial Banking, Lending, Treasury Management, Deposits, or related ... Experience participating in Risk & Control Self-Assessments (RCSAs), risk inventories, control ...

Experience supporting Commercial Banking, Lending, Treasury Management, Deposits, or related ... Experience participating in Risk & Control Self-Assessments (RCSAs), risk inventories, control ...

The ideal candidate brings deep expertise in cybersecurity strategy and risk management, a strong ... Established network within private equity firms, operating partner communities, investment bankers ...

Senior IT Risk Analyst (First Line of Defense) Rockland Trust is seeking a Senior IT Risk Analyst to advance the Bank's First Line of Defense IT Risk Management Program. This is a hybrid role, 3 days ...

Senior IT Risk Analyst (First Line of Defense) Rockland Trust is seeking a Senior IT Risk Analyst to advance the Bank's First Line of Defense IT Risk Management Program. This is a hybrid role, 3 days ...

The Senior Loan Reviewer is responsible for independently evaluating the accuracy of credit ratings for the bank's loan portfolio, as well as the effectiveness of credit risk management processes.

The Senior Loan Reviewer is responsible for independently evaluating the accuracy of credit ratings for the bank's loan portfolio, as well as the effectiveness of credit risk management processes.

Market and interest rate risk management practices (e.g., interest rate risk in the banking book ... IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks ...

The Senior Loan Reviewer is responsible for independently evaluating the accuracy of credit ratings for the bank's loan portfolio, as well as the effectiveness of credit risk management processes.

Showing results 21-40

Bank Risk Management information

See Boston, MA salary details

$56K

$121.2K

$184.7K

How much do bank risk management jobs pay per year?

As of Sep 4, 2026, the average yearly pay for bank risk management in Boston, MA is $121,195.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,800.00 and $140,100.00 per year, depending on experience, location, and employer.

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.

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 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.

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 does bank risk management do at a bank?

Bank risk management involves identifying, assessing, and mitigating financial risks such as credit, market, and operational risks to ensure the bank's stability and compliance. Professionals in this field analyze data, develop risk policies, and use tools like risk models and software to protect the bank's assets and maintain regulatory standards.

What are the most commonly searched types of Bank Risk Management jobs in Boston, MA?

The most popular types of Bank Risk Management jobs in Boston, MA are:

What are popular job titles related to Bank Risk Management jobs in Boston, MA?

For Bank Risk Management jobs in Boston, MA, the most frequently searched job titles are:

What job categories do people searching Bank Risk Management jobs in Boston, MA look for?

The top searched job categories for Bank Risk Management jobs in Boston, MA are:

Infographic showing various Bank Risk Management job openings in Boston, MA as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $121,195 per year, or $58.3 per hour.

Fintech Risk Analyst

Grasshopper Bank

Boston, MA โ€ข On-site

$95 - $140/hr

Other

Posted 3 days ago

New


Key responsibilities

  • Identify, manage, and remediate risks across the Bank's BaaS portfolio.

  • Perform due diligence risk assessments on prospective fintech partners and present findings to senior management.

  • Conduct ongoing testing, monitoring, and quality assurance activities to ensure compliance with policies and regulations.


Job description

Fintech Risk Analyst

Department: Risk Management

Employment Type: Full Time

Location: Remote

Description

Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.

We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.

Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.

Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.

Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.

What you\'ll do:

Reporting into the Director of Fintech Risk, we are seeking a motivated Fintech Risk Analyst who will contribute to and support a strong risk management culture in working with existing and prospective Fintech partners and business leaders across the organization. This role sits in the second line of defense and is responsible for supporting the adherence and execution of risk pillars across the Banking-as-a-Service (BaaS) portfolio while understanding the competitive landscape of the fintech industry in a regulated Bank environment.

Responsibilities include:

  • Serve as an individual contributor across the Bankโ€™s BaaS portfolio to effectively identify, manage, and remediate risks
  • Ongoing collaboration with various teams, including BSA, Embedded Finance, Operations, and Product, and external third party banking technology platforms
  • Perform due diligence risk assessment on prospective fintech partners to assess inherent risk, control effectiveness, and residual risks associated with partnership. Present risk assessment results to senior management for review and approval prior to onboarding
  • Track pre and post-launch risk and compliance requirements for newly onboarded partners
  • Conduct ongoing testing, monitoring, and quality assurance activities for onboarded partners to ensure adherence to Bank policy and regulatory requirements. Track identified issues to remediation
  • Serve as primary risk/compliance contact for specific fintech partners, offering expert advice and direction to ensure their programs comply with applicable regulations and align to Bank requirements, especially those related to financial crimes (BSA/AML, OFAC, fraud) and regulatory compliance (account opening, account maintenance and disclosures, bank statements, funds availability, etc.)
  • Support the maintenance of a prioritized roadmap to address gaps and improve control design and testing practices
  • Participate in relevant team and cross-functional meetings as required
What you need:
  • At least 3-5 years of experience in banking or fintech risk management and compliance
  • Demonstrated experience with financial crimes compliance (BSA/AML, OFAC watchlists and sanctions)
  • Working knowledge across essential banking compliance areas, including UDAAP, payment network rules (NACHA, VISA/Mastercard, FedNow/TCH RTP), core commercial or consumer compliance regulations (e.g., Reg E, Reg Z, Reg DD, Reg CC, ECOA, FCRA), and/or data privacy regulations (GLBA, FCRA, state laws)
  • Experience in Third-Party Risk Management (TPRM) and related interagency guidance (e.g., OCC, FDIC, FRB)
  • Proficient technical knowledge in financial technology and payments is preferred
  • Strong critical thinking traits, including analytical, problem-solving, and decision-making capabilities
  • Ability to develop and maintain reporting, dashboards and presentations preferred
  • Strong team orientation and ability to collaborate effectively
  • Ability to think outside of the box to develop creative solutions to emerging problems
  • A Bachelorโ€™s degree or equivalent relevant work experience
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