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Business Risk Manager Jobs in Buffalo, NY (NOW HIRING)

M&T Bank

Fraud Risk Manager

Buffalo, NY · On-site

$107K - $179K/yr

Manage the first line of defense risk management responsibilities of the business unit in accordance with the Enterprise Risk Framework. Oversee the proactive identification, accurate assessment and ...

M&T Bank

Fraud Risk Manager

Buffalo, NY

$107K - $179K/yr

Manage the first line of defense risk management responsibilities of the business unit in accordance with the Enterprise Risk Framework. Oversee the proactive identification, accurate assessment and ...

M&T Bank

Senior Risk Manager

Buffalo, NY · On-site

$128K - $214K/yr

In this role, you will build trusted partnerships with business leaders, Front Office Risk Officers, and cross-functional stakeholders to proactively identify, assess, and manage operational ...

M&T Bank

Senior Risk Manager

Buffalo, NY · Hybrid

$128K - $214K/yr

In this role, you will build trusted partnerships with business leaders, Front Office Risk Officers, and cross-functional stakeholders to proactively identify, assess, and manage operational ...

Delaware North

Director of Risk Management

Buffalo, NY · On-site

$121K - $164K/yr

As the Director of Risk Management, you will be responsible for managing the Corporate Risk ... Advise business units on insurance coverage requirements, negotiate policy adjustments, and ensure ...

Delaware North

Director of Risk Management

Buffalo, NY

$121K - $164K/yr

As the Director of Risk Management, you will be responsible for managing the Corporate Risk ... Advise business units on insurance coverage requirements, negotiate policy adjustments, and ensure ...

Delaware North

Director of Risk Management

Buffalo, NY

$121K - $164K/yr

As the Director of Risk Management, you will be responsible for managing the Corporate Risk ... Advise business units on insurance coverage requirements, negotiate policy adjustments, and ensure ...

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All JobsBusiness Risk JobsBusiness Risk Manager JobsBusiness Risk Manager Jobs in Buffalo, NY

Business Risk Manager information

See Buffalo, NY salary details

$28.3K

$102.1K

$168.3K

How much do business risk manager jobs pay per year?

As of Sep 1, 2026, the average yearly pay for business risk manager in Buffalo, NY is $102,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,568.00 and $117,873.00 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 Buffalo, NY?

For Business Risk Manager jobs in Buffalo, NY, the most frequently searched job titles are:

What job categories do people searching Business Risk Manager jobs in Buffalo, NY look for?

The top searched job categories for Business Risk Manager jobs in Buffalo, NY are:

What cities near Buffalo, NY are hiring for Business Risk Manager jobs?

Cities near Buffalo, NY with the most Business Risk Manager job openings:

Business Risk Manager jobs near you

Fraud Risk Manager

M&T Bank

Buffalo, NY • On-site

$107K - $179K/yr

Full-time

Posted 22 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

79th of 174 rated banks

Job description

Overview:
Manage the first line of defense risk management responsibilities of the business unit in accordance with the Enterprise Risk Framework. Oversee the proactive identification, accurate assessment and reporting of risks impacting the business unit, including loss events and Key Risk Indicators (KRI's). Ensure the appropriate escalation of identified issues and the timely completion of remediation plans. Manage the team responsible for risk and control functions in the business unit. Assist the Business Risk Officer in setting direction for the department and risk policy of the organization.
Primary Responsibilities:
  • Lead the planning, execution, and reporting of the business unit's first line of defense risk management function including ensuring the documentation of key processes and internal controls. Ensure the complete and proper identification and assessment of risks in the business unit's key processes in accordance with the Enterprise Risk Framework, internal guidance, and risk management professional standards.
  • Drive the development, execution and reporting of the business unit's risk-based testing program. Ensure control testing is performed in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
  • Oversee reporting to Business Unit Management, Scenario Management and internal risk committees. Provide direct assistance/support to the First Line Risk Officer
  • Monitor business unit performance with respect to established key risk indicators (KRIs) and prepare comprehensive KRI reporting.
  • Ensure the accurate and timely completion of Risk Control Self Assessments (RCSAs) and other risk management reporting. Develop a process by which emerging risks and losses are reviewed and incorporated into the RCSAs and KRIs.
  • Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels and oversee the reporting of these risks to management and the Markets, Products and Services Risk Committee.
  • Ensure the effective and efficient management and reporting of issues, including remediation plans. Develop and oversee the process for identifying and reporting risk events and losses in a timely manner. Appropriately escalate identified issues to the First Line Risk Officer and business unit management.
  • Develop, implement and oversee the maintenance of policies for the business unit. This includes the updating of policies in response to federal, state or business unit process changes. Respond to both internal and external requests in relation to departmental policies and procedures.
  • Provide coaching and mentoring to the staff. Review and approve test results. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers.
  • Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Education and Experience Required:
Bachelor's degree and a minimum of 7 years' relevant work experience, or in lieu of a degree, a combined minimum of 11 years' higher education and/or work experience, including a minimum of 7 years' relevant work experience
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Buffalo, New York, United States of America

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