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Business Risk Manager Jobs in Frederick, MD (NOW HIRING)

Accountable for risk management and compliance in a complex business environment. Builds a high performing team through the attraction, on-boarding, coaching and development of branch team members.

New

Accountable for risk management and compliance in a complex business environment. Builds a high performing team through the attraction, on-boarding, coaching and development of branch team members.

Bachelor's degree or higher in Finance, Accounting, Business, Risk Management, or related field or equivalent combination of education, related experience and/or military experience Experience that ...

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Business Analyst

Leesburg, VA · Remote

$74K - $84K/yr

Familiarity with risk management processes including risk identification, documentation, and mitigation planning. Key Responsibilities * Develop and maintain business process flows documenting ...

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Business Risk Manager information

See Frederick, MD salary details

$29.4K

$106K

$174.7K

How much do business risk manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for business risk manager in Frederick, MD is $105,998.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,673.00 and $122,361.00 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 Frederick, MD?

For Business Risk Manager jobs in Frederick, MD, the most frequently searched job titles are:

What job categories do people searching Business Risk Manager jobs in Frederick, MD look for?

The top searched job categories for Business Risk Manager jobs in Frederick, MD are:

What cities near Frederick, MD are hiring for Business Risk Manager jobs?

Cities near Frederick, MD with the most Business Risk Manager job openings:

Infographic showing various Business Risk Manager job openings in Frederick, MD as of August 2026, with employment types broken down into 80% Full Time, 18% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $105,998 per year, or $51 per hour.

Segment Risk Manager- Ongoing Monitoring

Huntington

Hagerstown, MD • On-site, Remote

$70K - $140K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 12 days ago


Job description

Description

Summary:

The Segment Risk Manager is responsible for oversight and administration of operational and regulatory risk strategy programs for a business segment.

Duties & Responsibilities:

  • Evaluate effective of controls and escalate as appropriate.
  • Direct self-monitoring and testing activities to ensure that they are performed in accordance with Corporate Risk Management requirements.
  • Evaluate the adequacy and effectiveness of enterprise and regulatory controls and the resulting risk and control self-assessments.
  • Deliver timely escalation of all issues requiring attention to senior management.
  • Work with business segment management to ensure that the overall risk function is effectively supporting strategic goals.
  • Collaborate with audit/business segment/corporate risk to address issues with plausible action plans and target dates.
  • Act as the central point for receipt and distribution of important risk information for the business segment and reciprocate the flow of information back to corporate risk management.
  • Ensure business segment adheres to corporate and business unit policies and procedures.
  • Must be aware of and keep abreast of credit risk associated with assigned business segment.
  • May or may not have managerial responsibility.
  • Performs other duties as assigned.

Basic Qualifications:

  • Bachelor's degree
  • Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk.
  • In lieu of a Bachelor's degree 4 additional years of segment-specific or risk related experience may be considered

Preferred Qualifications:

  • Advanced knowledge of risk management principles and regulatory compliance requirements.
  • Strong organizational, analytical, critical thinking and problem-solving skills.
  • Excellent verbal and written communications and the ability to communicate and present requirements and issues clearly and concisely.
  • Strong interpersonal skills and ability to build strong partnerships and work collaboratively with all businesses.
  • Ability to deal with ambiguity, multi-task and work in a fast-paced environment.
  • Proficiency in MS Office suite.


Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$70,000 - $140,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).


Huntington is an Equal Opportunity Employer.


Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.


Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.