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Business Risk Manager Jobs in Massachusetts (NOW HIRING)

Description The Manager of Nonfinancial Risk Oversight may support either the independent Risk ... Commercial, Consumer and Business Services functions. This role assists in ensuring that the ...

Risk Manager

Boston, MA

$78K - $113K/yr

The Risk Manager is responsible for the overall management of potential risks and liabilities ... business/organizational needs, internal equity, and market-competitiveness. In addition, BMCHS ...

Risk Manager

Boston, MA · On-site

$78K - $113K/yr

The Risk Manager is responsible for the overall management of potential risks and liabilities ... business/organizational needs, internal equity, and market-competitiveness. In addition, BMCHS ...

Manage internal business development initiatives and sales opportunities, including the creation of ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

... our future-focused business objectives. Our devotion to teamwork has allowed us to build ... Develop effective risk management framework / strategy. * Plan, design and implement risk ...

... our future-focused business objectives. Our devotion to teamwork has allowed us to build ... Develop effective risk management framework / strategy. * Plan, design and implement risk ...

Gilbane is seeking a Senior Risk Manager to be responsible for all insurance matters for a minimum ... As a Top-10 ENR Contractor, Gilbane is a family-owned business with 45 offices that has been ...

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Showing results 1-20

Business Risk Manager information

See Massachusetts salary details

$32.2K

$116.2K

$191.5K

How much do business risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for business risk manager in Massachusetts is $116,165.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,795.00 and $134,097.00 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.
What are popular job titles related to Business Risk Manager jobs in Massachusetts? For Business Risk Manager jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Business Risk Manager jobs in Massachusetts look for? The top searched job categories for Business Risk Manager jobs in Massachusetts are:
What cities in Massachusetts are hiring for Business Risk Manager jobs? Cities in Massachusetts with the most Business Risk Manager job openings:
Infographic showing various Business Risk Manager job openings in Massachusetts as of July 2026, with employment types broken down into 78% Full Time, 19% Part Time, 1% Temporary, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $116,165 per year, or $55.8 per hour.
Business Risk Manager, Assistant Vice President

Business Risk Manager, Assistant Vice President

State Street Global Advisors

Quincy, MA • On-site

$80K - $140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago


Job description

Who we are looking for

Global Delivery Business Risk Management (GD BRM)is seeking a motivated and detail-orientated AVP to support risk and controls oversight of the Middle Office function and the location. This role is ideal for someone with strong experience in operations, risk management, internal controls or audit, who is looking to grow their career in a dynamic and collaborative environment. The successful candidate will contribute to the first line of defense (FLOD) by assisting in the identification, assessment, and mitigation of operational risks and get involved in the execution of business risk programs.

Why this role is important to us

Having robust and effective risk management is integral to Global Delivery. This role contributes to the identification, escalation, and mitigation of non-financial risks, supports the enhancement of control environments, and helps ensure alignment with regulatory expectations. As part of the GD BRM Business-Aligned Team, the AVP supports the business by providing guidance on risk-related matters, assisting with accurate risk representation and escalation, and collaborating with central BRM teams to help deliver effective risk governance and maintain alignment with corporate policies.

What you will be responsible for

  • Support risk oversight activities for Middle Office function and the location, including the identification and assessment of risks and controls within operations processes.

  • Advise the business on risks and control design and assist in the execution of key business risk programs and initiatives aimed at reducing non-financial risks and improving implementation processes.

  • Collaborate with senior team members and stakeholders to escalate issues and recommend practical solutions to mitigate risks.

  • Support preparation and facilitation of risk governance forums, including reporting, data gathering, and coordination of responses.

  • Participate in incident and issue management review processes, including risk and controls analysis, root cause diagnosis, documentation and follow-up actions.

  • Work with the business to ensure adherence to State Street policies, standards and procedures, and support alignment with second and third line of defense teams.

  • Provide support during regulatory reviews and internal audits, including data gathering and response coordination.

What we value

These skills will help you succeed in this role:

  • Strong written and verbal communication skills, with the ability to summarize risk themes and present findings clearly.

  • A proactive mindset focused on challenging the status quo and encouraging continuous improvement across risk and control environments.

  • Analytical thinking with high attention to detail and a solutions-oriented approach to problem-solving.

  • Ability to manage multiple priorities and deliver results in a fast-paced, dynamic environment.

  • Collaborative team player who builds trust and works effectively across functions and geographies.

  • Demonstrates curiosity, critical thinking, and the ability to identify opportunities for innovation and enhanced business risk management practices.

  • Strong commitment to continuous development within the risk management discipline, actively seeking opportunities to deepen expertise and contribute strategic insights.

Education & Preferred Qualifications

  • Minimum of 8 years proven experience in financial services with strong understanding of risk management gained through direct experience or through roles in operations, internal controls, technology risk, assurance, audit, or compliance.

  • Bachelor's degree in Management, Accounting, Risk Management, or a related field preferable.

Salary Range:

$80,000 - $140,000 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.

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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.