1

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

Senior IT Audit Specialist

Rockland, MA

$100K - $131K/yr

This role offers the opportunity to work across a broad range of technology and cybersecurity environments while helping strengthen the Bank's risk management, governance, and control framework. The ...

Relationship Banker

Plymouth, MA · On-site

$20.25 - $26.50/hr

Executes the bank's risk culture and strives for operational excellence Builds relationships with ... Efficiently manages time and capacity. Focuses on results, while acting in the best interest of the ...

Senior IT Audit Specialist

Rockland, MA · On-site

$100K - $131K/yr

This role offers the opportunity to work across a broad range of technology and cybersecurity environments while helping strengthen the Bank's risk management, governance, and control framework. The ...

Senior IT Audit Specialist

Rockland, MA

$100K - $131K/yr

This role offers the opportunity to work across a broad range of technology and cybersecurity environments while helping strengthen the Bank's risk management, governance, and control framework. The ...

This role offers the opportunity to work across a broad range of technology and cybersecurity environments while helping strengthen the Bank's risk management, governance, and control framework. The ...

Relationship Banker - Boston, MA

Boston, MA · On-site

$20 - $26.25/hr

Responsibilities: * Executes the bank's risk culture and strives for operational excellence ... Manages financial center traffic, appointments, and outbound calls effectively * Drives the client ...

Showing results 41-60

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.

Counterparty Credit Risk Manager, Prime Brokerage & Clearing, VP

State Street Corporation

Boston, MA • On-site

$120K - $202K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 days ago


Job description

Who we are looking for
The position is for a Counterparty Credit Risk Manager within the Global CCR team, which is part of the wider Financial Risk team within the Enterprise Risk Management Division.
Primary responsibility is the oversight of counterparty credit risk across Prime Brokerage and Clearing activities within the State Street Markets (SSM) business unit.
SSM, a division of State Street Bank & Trust Co., engages in a variety of capital markets business activities, including securities finance, brokerage services, and sales and trading in foreign exchange markets.
What you will be responsible for
As CCR Manager you will:
  • Provide global independent credit risk oversight of credit exposures across Prime Brokerage and Clearing activities including risk identification, risk measurement, risk controls and limits, documentation and risk monitoring and reporting
  • Lead the negotiation of legal agreements and supporting documentation
  • Authorize trades for counterparties across products based on pre trade stress analysis and risk appetite•
  • Improve credit risk governance and monitoring practices for Prime Brokerage and Clearing risk management
  • Contribute to enhancing CCR limit framework and risk management systems to support new business products and initiatives.
  • Develop good working relationships with traders and business analysts within SSM and other business units, , and with support functions and technology departments
  • Contribute to risk and/or regulatory projects; independently driving forward assigned tasks

What we value
These skills will help you succeed in this role
  • Ability to identify problems and limitations, propose solutions or proactively address them directly
  • Ability to communicate and write clear and precise presentations and technical documentation describing processes and risk methodologies
  • Self-motivated and able to work independently with excellent time-management skills
  • Ability to cooperate with others and foster an environment that supports effective teamwork
  • Strong critical thinking ability; promote and support a culture of challenge and risk excellence
  • Comfortable in conflict resolution as appropriate with others and in a matrix organization
  • Highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements

Education & Preferred Qualifications
  • Degree/Post-graduate degree in relevant and/or quantitative subjects
  • Minimum of 7+ years of hands-on industry experience with in-depth knowledge of Prime Brokerage and Clearing counterparty credit risk management at a large banking institution
  • Ability to provide prototype implementations and work closely with IT and other groups

Salary Range:
$120,000 - $202,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street logo

About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

Social media