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Business Risk Manager Jobs (NOW HIRING)

Robert Half

Senior Business Risk Manager

Minneapolis, MN · On-site

$130K - $175K/yr

... risk practices. • Bachelor's or Master's degree in Business, Operations, Finance, or a related discipline. • At least 10 years of experience in financial services risk management, audit ...

UBS

Director, Business Risk Specialist

New York, NY · On-site

$175K - $180K/yr

Provide transparent reporting to management, regulators, auditors and other internal units. • ... You'll be working with the Business Risk team in New York, NY. Your expertise Education ...

New

U.S. Bank

Business Risk Specialist

Cincinnati, OH · On-site

The Business Risk Specialist supports the organization's risk management framework, which is designed to promote effective governance and risk management that is systematic, transparent, credible ...

US Bank

Business Risk Specialist

Cincinnati, OH · On-site

The Business Risk Specialist supports the organization's risk management framework, which is designed to promote effective governance and risk management that is systematic, transparent, credible ...

Truist

Business Risk Leader

Charlotte, NC · On-site

Required Qualifications: 1. Bachelor's degree in Business, Finance, Accounting, Risk Management ... Economics, Public Administration, or equivalent professional experience 2. 12+ years of experience ...

Cathay Bank

AVP, Business Risk Analyst

El Monte, CA · On-site

$93K - $114K/yr

Manage the reporting of Key Risk Indicators (KRIs) and performance-linked metrics aligned to business processes. Build statistical and trend-based analysis models to monitor risk concentrations and ...

Truist

Business Risk Leader

Charlotte, NC · On-site

Required Qualifications: 1. Bachelor's degree in Business, Finance, Accounting, Risk Management ... Economics, Public Administration, or equivalent professional experience 2. 12+ years of experience ...

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Business Risk Manager information

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$30K

$108.3K

$178.5K

How much do business risk manager jobs pay per year?

As of Jul 30, 2026, the average yearly pay for business risk manager in the United States is $108,284.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,500.00 and $125,000.00 per year, depending on experience, location, and employer.

How much does a risk manager get paid?

A business risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications like FRM or CRM can earn higher salaries, often exceeding $150,000. Compensation also includes benefits such as bonuses and professional development opportunities.

What does a business risk manager do?

A business risk manager identifies, assesses, and mitigates potential risks that could impact an organization's operations, financial health, or reputation. They analyze data, develop risk management strategies, and implement policies to minimize threats, often using tools like risk assessment software and requiring certifications such as CRM or FRM. Their role involves continuous monitoring and communication with stakeholders to ensure business resilience.

How does a Business Risk Manager typically collaborate with other departments to address organizational risks?

As a Business Risk Manager, cross-functional collaboration is a key part of the role. You’ll regularly work with departments such as finance, compliance, operations, and IT to identify potential risks, assess their impact, and develop mitigation strategies. This often involves facilitating risk assessment workshops, sharing reports, and ensuring that risk controls are integrated into business processes. Effective communication and relationship-building skills are essential, as you’ll act as a bridge between senior management and operational teams to align risk management efforts with organizational goals.

Do risk managers make good money?

Risk managers, including business risk managers, typically earn competitive salaries that vary based on experience, industry, and location. According to industry reports, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications like CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.

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

AspectBusiness Risk ManagerRisk Analyst
CredentialsCertifications like CRM, FRM, or CRC; bachelor's degree in business, finance, or related fieldCertifications such as FRM or CRM; bachelor's degree in finance, economics, or related field
Work EnvironmentStrategic planning, risk assessment, and policy development in corporate settingsData analysis, risk modeling, and reporting in finance or insurance firms
Employer & IndustryCorporations, financial institutions, insurance companiesFinancial services, consulting firms, insurance companies

The Business Risk Manager focuses on developing risk strategies and policies at a strategic level, while the Risk Analyst primarily conducts data analysis and risk assessments. Both roles require similar certifications and often work within the same industries, but their responsibilities differ in scope and focus.

What is the highest salary for a risk manager?

The highest salary for a business risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications, or leadership roles in large organizations. Senior risk managers or directors in financial services, insurance, or consulting firms tend to earn the highest compensation. Salary levels also depend on geographic location, industry, and the complexity of risk management responsibilities.

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

To thrive as a Business Risk Manager, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or a related field, often backed by a bachelor's degree or higher. Familiarity with risk management frameworks, regulatory compliance systems, and certifications like FRM (Financial Risk Manager) or CRM (Certified Risk Manager) is typically required. Exceptional communication, problem-solving, and stakeholder management skills help you effectively identify, mitigate, and communicate risks across an organization. These competencies are crucial for proactively managing threats, ensuring regulatory compliance, and supporting the long-term stability and success of the business.
More about Business Risk Manager jobs
What cities are hiring for Business Risk Manager jobs? Cities with the most Business Risk Manager job openings:
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Business Risk Manager jobs near you
Infographic showing various Business Risk Manager job openings in the United States as of July 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $108,284 per year, or $52.1 per hour.

Group Risk Manager, Business Risk & Insurance

Microsoft

Redmond, WA • On-site

Full-time

Re-posted 4 days ago

Microsoft rating

8.5

Company rating: 8.5 out of 10

Based on 131 frontline employees who took The Breakroom Quiz

78th of 246 rated software companies

Job description

Overview
Microsoft's Business Risk & Insurance team is looking for an experienced finance/insurance professional who is passionate about analyzing business risk, data driven and enjoys working through complex business scenarios, and that can deliver insights to drive timely decision making and support Microsoft risk framework. In this global and solution-oriented position, you will work in a dynamic and fast-paced environment with a need for sound judgment to select methods and techniques for risk mitigation.
The Group Risk Manager, Business Risk & Insurance, will support business risk team members, collaborate with external insurance brokers to provide an effective risk mitigation evaluation framework, and oversee technical contract reviews and program risk assessments, ensuring appropriate insurance placement for Microsoft. You will work closely with the Director of Business Risk & Insurance in managing insurance programs and staying up to date with emerging risks. This position operates as a critical leader within the team, charged with assessing, developing, and monitoring Microsoft's insurance programs and partnering with internal stakeholders to ensure their success.
At Microsoft, our mission-to empower every person and every organization on the planet to achieve more-guides how we partner with customers to deliver trusted, impactful solutions. With a growth mindset culture, we innovate responsibly and measure success by shared progress-people, teams, and customers. Join us to do meaningful work that changes the world and helps shape what's next for everyone.
Responsibilities
  • Develops comprehensive strategic plans and frameworks to effectively manage and mitigate corporate risks.
  • Participates with outside counsel in mediation and other forms of alternative dispute resolution.
  • Works with Legal, insurance brokers and insurance companies in the selection of outside counsel for representation.
  • Develops policies and procedures relating to claims reporting and handling in conjunction with internal stakeholders.
  • Leads a wide range of claims investigation and management, insurance, loss/exposure, policies and procedures and other matters.
  • Partners with internal stakeholders to develop risk transfer programs with a compliance focus.
  • Develops risk renewal strategies and insurance program structures that align with organization's risk tolerance, which include captives, self-insurance, risk transfer, and other methods.
  • Directs insurance placement and policy review, overseeing activities of the insurance broker, and ensuring timely delivery of expected deliverables and outcomes.
  • In collaboration with Director of Business Risk & Insurance and additional internal stakeholders, performs analysis to quantify financial impacts of existing and emerging risk exposures, recommending actions for mitigation through insurance as appropriate.
  • Utilizes and develops analytics, including benchmarking and other metrics, to evaluate loss trends, working with insurance brokers to understand the total cost of risk.
  • Drives relationships with stakeholders for assigned insurance programs and setting innovative strategies and supports related claims management.
  • Participates in Mergers and Acquisitions (M&A) transactions, aiding M&A team with review of integration plans from an insurance perspective.
  • Manages and evaluates policy-term changes in risk and exposure, coordinating with other Risk Managers, Director of Business Risk & Insurance, and other stakeholders as needed.
  • Ensures effective documentation of all related policies, processes and governance is maintained.
  • Other: Embody our culture and values

Qualifications
Required/Minimum Qualifications
  • Bachelor's Degree AND 6+ years experience in risk management, privacy, security, compliance, government intelligence, operations, and/or finance OR 8+ years experience in risk management, privacy, security, compliance, government intelligence, operations, and/or finance OR equivalent experience.

Additional or Preferred Qualifications
  • Master's Degree in Risk Management, Engineering, Government Intelligence, Security, or Information Technology, or related field AND 8+ years experience in risk management in the context of operations, engineering, information technology, business analyst, consulting, auditing, privacy, security, compliance, government intelligence, and/or finance OR Bachelor's Degree in Risk Management, Engineering, Government Intelligence, Security, Cybersecurity, or Information Technology, or related field AND 12+ years experience in risk management in the context of operations, engineering, information technology, business analyst, consulting, auditing, privacy, security, compliance, government intelligence, and/or finance OR equivalent experience.
  • Membership with a relevant risk domain area association including: International Association of Privacy Professionals (IAPP), International Information System Security Certification Consortium (ISC)2, and Information Systems Audit and Control Association (ISACA), Certified Internal Auditor (CIA), Society for Corporate Compliance and Ethics (SCCE), Disaster Recovery Institute (DRI), Certified Business Continuity Professional (CBCB), Committee of Sponsoring Organizations of the Treadway Commission (COSO), and Institute of Internal Auditors (IIA).
  • 8+ years of experience in Corporate Risk Management, including claims management.
  • Proficient problem solving, analytical, communication and project management skills; Ability to be responsible for complex projects and influence others.
  • Technology savvy and an ability to bring together teams across the company and lead through influence and inclusion.
  • Growth mindset and quick learner with agility in responding to new business challenges balanced with compliance focus.
  • Data driven, change agent with proven skills to build and lead impact cross-functional teams, leading with empathy, value diverse perspectives and deliver business results.
  • Ability to deal with the ambiguity associated with working in a fast paced and changing environment.

#Finance
Risk Management IC5 - The typical base pay range for this role across the U.S. is USD $116,900 - $203,600 per year. There is a different range applicable to specific work locations, within the San Francisco Bay area and New York City metropolitan area, and the base pay range for this role in those locations is USD $148,400 - $222,600 per year.
Certain roles may be eligible for benefits and other compensation. Find additional benefits and pay information here:
https://careers.microsoft.com/us/en/us-corporate-pay
This position will be open for a minimum of 5 days, with applications accepted on an ongoing basis until the position is filled.
Microsoft is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances. If you need assistance with religious accommodations and/or a reasonable accommodation due to a disability during the application process, read more about requesting accommodations.

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About Microsoft

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Our infrastructure is comprised of a large global portfolio of more than 100 datacenters and 1 million servers. Our foundation is built upon and managed by a team of subject matter experts working to support services for more than 1 billion customers and 20 million businesses in over 90 countries worldwide. With environmental sustainability and optimization at the forefront of our datacenter design and operations, we continue to grow and evolve as we meet the ever-changing business demands that hold Microsoft as a world-class cloud provider.

Industry

Computer and computer peripheral equipment and software wholesalers

Company size

10,000+ Employees

Headquarters location

Redmond, WA, US

Year founded

1975

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