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Business Risk Manager Jobs in Massachusetts (NOW HIRING)

RSM

SAP Transformation Risk Manager

Boston, MA · On-site

... risk and control management, while also being task oriented and capable of meeting the tight ... Assistin business development byleveragingSAP and business process knowledge * Communicate findings ...

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Business Risk Manager information

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$32.2K

$116.2K

$191.5K

How much do business risk manager jobs pay per year?

As of Sep 4, 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.

What are the key skills and qualifications needed to thrive as a business risk manager?

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.

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.

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.

Do business risk managers make good money?

Business risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $120,000, with higher earnings possible for those with advanced certifications or in senior roles. The profession often requires strong analytical skills and knowledge of risk assessment tools.

How much do business risk managers make?

Business risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $140,000 depending on experience, industry, and location. Advanced certifications and strong analytical skills can lead to higher compensation in this role.

What does a business risk manager do?

A business risk manager identifies, assesses, and develops strategies to mitigate potential risks that could impact an organization's operations, financial health, or reputation. They analyze data, implement risk management frameworks, and work with various departments to ensure compliance and resilience. Strong analytical skills and knowledge of industry regulations are essential for this role.

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:

Business Risk Manager jobs near you
Infographic showing various Business Risk Manager job openings in Massachusetts as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $116,165 per year, or $55.8 per hour.

Risk Management Co-op

Bain Capital Private Equity, LP

Boston, MA • On-site

Full-time

Re-posted 25 days ago

Job description

Key responsibilities

The primary responsibility of this position will be as the central contact, from a Bain perspective, in coordinating activities around the development of Business Continuity Plans and an assessment of the Disaster Recovery program, reporting to the Director of Technology Risk.

Disaster recovery tests are conducted on a quarterly basis. Working with the Project Manager, Business Users and Infrastructure team you will have a hands on role in the coordination and documentation of the tests. This will include reaching out to our third parties to understand their test strategies.

For Business Continuity planning, you will be involved in the process to create/update the Business Impact Analysis (BIA) and the Business Continuity Plans. This role will be a member of the team, working with the business, to define and document their needs.

This will also require technical knowledge to work with the BC in the Cloud application to enhance and update based on user requirements. As part of these enhancements, you will need to document the requirements, coordinate the updates with the vendor, or in many cases perform them yourself and then validate the enhancements are successful.

Your secondary responsibility within the Technology Risk Group, will be to assist the Vendor Risk Manager in supporting the Third Party Risk Assessment process.

In this role, you will review the preliminary risk assessment, interface with vendor to obtain necessary diligence details, interface with third party risk assessor, document defined risks and develop communication to the business to accept risks or create plan to mitigate risk as well as track in our risk register.

As a team member, you will support the Vendor Risk Manager in tracking the assessment of new 3rd party vendor, updating assessments for our critical vendors, provide regular reporting and update the Vendor Risk system.

As part of your responsibility, not only will you be interacting with third party vendors, you will also interface with the IT Organizations and Business counterparts.

Qualifications
  • Experience with documentation and Microsoft tools, specifically Excel and Word
  • HTML skills a plus
  • Strong analytical ability, judgment and problem analysis techniques
  • Beneficial for candidate to have experience or coursework in any of the following topics: Risk Assessments, Emergency Preparedness, Business Continuity, Business, Information Technology, and/or Information Security
  • Experience with project and/or program management, whether business experience or in group/classwork activities
  • Proven ability to be self-starter with strong communication skills, written and verbal and keen attention to detail and thoroughness

Apply