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Business Risk Manager Jobs in Ohio (NOW HIRING)

... business lines to identify, assess, monitor, and mitigate risks that could affect the firm ... Finance Ensures risk management policies are regularly reviewed, updated, and effectively ...

LOB Risk Specialist Sr

Cleveland, OH · On-site

$55K - $141K/yr

Executes the Line of Business Risk Management program, identifying opportunities for enhancement where applicable. Enables line of business adherence with risk management programs. * Participates in ...

We are seeking an experienced AI technology risk manager to support the build and execution of our ... While 2LOD provides independent oversight and challenge, this role retains business line ...

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Business Risk Manager information

See Ohio salary details

$27.4K

$99K

$163.2K

How much do business risk manager jobs pay per year?

As of Jun 15, 2026, the average yearly pay for business risk manager in Ohio is $98,985.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,071.00 and $114,265.00 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 typically includes benefits such as bonuses and health insurance, and the role requires strong analytical skills and knowledge of risk assessment tools.

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 leadership to ensure compliance and resilience. Strong analytical skills and knowledge of industry regulations are essential for this role.

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.

Are risk managers in high demand?

Risk managers are in high demand across various industries due to increasing focus on organizational resilience and regulatory compliance. The role often requires strong analytical skills, certifications like FRM or CRM, and familiarity with risk management tools, making it a valuable and sought-after profession.

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 Ohio? For Business Risk Manager jobs in Ohio, the most frequently searched job titles are:
What cities in Ohio are hiring for Business Risk Manager jobs? Cities in Ohio with the most Business Risk Manager job openings:
Manager, Risk Advisory

Full-time

Posted 5 days ago


Wright-Patt Credit Union rating

5.8

Company rating: 5.8 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

The Manager, Risk Advisory supports the Director, Risk Advisory and is responsible for the effective execution and ongoing administration of WPCU’s Enterprise Risk Management (ERM) program in alignment with COSO principles and NCUA regulatory guidance. This role oversees the enterprise-wide processes used to identify, assess, measure, monitor, and control risk, ensuring risks are effectively managed within the organization’s defined risk appetite and tolerance levels.

1)      Design, administer and continuously enhance enterprise-wide risk management processes to  ensure accurate identification, assessment, measurement, monitoring, and reporting of risks. Provide advisory insights to leadership to support informed decision-making and alignment with the credit union’s risk appetite. (20%)

2)      Lead enterprise-level risk assessments, including Risk Control Self Assessments (RCSAs), across products, services, and operational areas. Partner with business leaders to identify key risks, evaluate control effectiveness, and recommend practical risk mitigation strategies. (20%)

3)      Conduct risk assessments for new and evolving programs, products, and strategic initiatives, providing early-stage risk advisory input to support sound strategic planning, risk-informed decision-making, and successful implementation. (20%)

4)      Analyze market, operational and business data, including key risk indicators (KRIs) and residual risk exposure, to contribute to meaningful ERM reporting for Senior Management and the Board. Identify emerging risks and  trends and provide forward-looking risk insights. (15%)

5)      Advise and support  business units in the accurate identification, reporting, and mitigation of operational risks, fostering a strong risk culture and ensuring consistency with enterprise risk management standards and regulatory expectations. (15%)

6)      Ensure enterprise risk management practices, methodologies, and outcomes are thoroughly documented, supporting transparency, audit readiness, regulatory compliance and institutional knowledge. Ensure assigned business units are operating efficiently and reliably, are in compliance with applicable laws, regulations, and rules, have appropriate operating controls to mitigate risk, and are performing at a high level. (5%)

7)      Act as a trusted risk advisor and resource to the Board’s Enterprise Risk Committee (ERC) and Senior Management’s Enterprise Risk Management Team (ERMT) by contributing meaningful risk analyses and providing actionable recommendations. (5%)


Required Skills

The Manager, Risk Advisory must have a thorough knowledge of credit union products, policies, operations, and procedures as each relates to ongoing operating risk. The following are also required:

1)      A Bachelor’s Degree in Business, Finance, Risk, Mathematics, Statistics, or related discipline.

2)      Strong knowledge of risk-based controls assessment and risk management methodologies.

3)      3 years successful experience performing enterprise-wide risk management functions, risk assessments, or statistical/data analyses in a financial institution.

4)      Prior supervisory/leadership experience preferred.

5)      Demonstrated ability to think critically and apply a balanced approach to risk assessment as it relates to strategic objectives, opportunities, and organizational projects.

6)      Advanced proficiency with Microsoft Excel, Word, and PowerPoint applications.

7)      Strong interpersonal, verbal, and written communication skills.

8)      Proficiency with Risk Management software programs preferred.

9)   Proficiency with SQL, MS Access or other database programs preferred.


Required Experience