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Commercial Risk Manager Jobs in Arizona (NOW HIRING)

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with ...

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with ...

Model Risk Analyst Location: CityScape What you'll do: Western Alliance Bank (WAL) is seeking a ... management, and other commercial banking products and services preferred. Benefits you'll love: We ...

Review subcontractor performance and commercial risk. * Support contract negotiations and claims management. * Work with leadership on achieving contract key performance indicators. * Identify ...

Review subcontractor performance and commercial risk. * Support contract negotiations and claims management. * Work with leadership on achieving contract key performance indicators. * Identify ...

Program Manager - Mine Closure

Tucson, AZ · On-site

$160K - $200K/yr

Review subcontractor performance and commercial risk. * Support contract negotiations and claims management. * Work with leadership on achieving contract key performance indicators. * Identify ...

Review subcontractor performance and commercial risk. * Support contract negotiations and claims management. * Work with leadership on achieving contract key performance indicators. * Identify ...

All commercial insurance and associated risk management functions for the family of companies are delivered by the Risk Management Department. ESSENTIAL DUTIES AND RESPONSIBILITIES (and other duties ...

Personal Risk Specialist

Phoenix, AZ · On-site

$97K/yr

Build strong working relationships and win the confidence of Commercial Lines and Employee Benefits ... Manage employee and prospect data, including the development of prospect lists from business ...

Showing results 41-60

Commercial Risk Manager information

How does a commercial risk manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a commercial risk manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

Do commercial risk managers make good money?

Commercial 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 $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often involves risk assessment, insurance management, and strategic planning, which are valued skills in many organizations.

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

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

What are popular job titles related to Commercial Risk Manager jobs in Arizona?

For Commercial Risk Manager jobs in Arizona, the most frequently searched job titles are:

What cities in Arizona are hiring for Commercial Risk Manager jobs?

Cities in Arizona with the most Commercial Risk Manager job openings:

Infographic showing various Commercial Risk Manager job openings in Arizona as of July 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution.

AVP, Banking Risk & Controls

Servbank

Phoenix, AZ • On-site

$94K - $110K/yr

Full-time

Re-posted 17 days ago


Job description

The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with the Servbank BSA team. This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to identify and mitigate risks, enhance operational resilience, and promote control effectiveness. The role assists in the testing of risk-mitigating controls, supports enterprise risk reporting, and ensures strong governance over BAU activities and operational initiatives. The AVP ensures the ongoing testing schedule is executed by analyzing capacity and assigning responsibilities aligned with departmental priorities, as directed by the SVP of Enterprise Risk.
About Servbank:
Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you're a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.
Duties and Responsibilities:
  • Oversee functions within Banking Risk for Deposit Operations, including completion of required monthly KPI metric tracking scorecards.
  • Develop, implement, and oversee risk management processes to test in-line QA control effectiveness across Commercial and Consumer Deposit Operations. Evaluate risks of key control deficiencies and effectiveness of the overall control framework, and ensure management maintains timely and effective remediation plans.
  • Partner with Line of Business and BSA leadership to enhance internal testing processes and minimize defects across deposit-related activities.
  • Assist Senior Management, Risk Committee, and other Lines of and other Lines of Defense in developing methodologies used to assess and rank risk controls within Deposit Operations.
  • Deliver risk-related findings to the Risk Committee and other governance forums, including recommended corrective actions and implementation timelines.
  • Develop and maintain processes to test transactional, operational, and BSA-related controls within Deposit Operations to ensure adherence to regulatory requirements, internal policies, and business expectations. Oversee effectiveness testing and required retesting.
  • Develop, maintain, and report on testing programs covering deposit account lifecycle activities (e.g., onboarding, maintenance, transactions, exceptions handling). Establish benchmarks, testing methodologies, and partner with LOBs and Learning & Development to drive continuous improvement.
  • Develop corporate compliance and operational risk strategies by analyzing internal testing results, regulatory guidance, and external industry trends.
  • Assist in developing procedures that minimize operational, regulatory, and financial risk exposure.
  • Provide operational and regulatory research to management, including interpretation of applicable banking and BSA/AML requirements.
  • Interact and communicate with federal and state regulators, and support exam readiness to ensure appropriate controls, documentation, and reporting are in place.
  • Guide resolution of findings through the Issues Management program, including assignment of ownership and oversight of post-remediation validation testing.
  • Assist Learning & Development, Lines of Business, and other Lines of Defense in developing training programs, policies, and procedures related to deposit operations and BSA controls.
  • Maintain current knowledge of regulatory changes and assess impacts to Deposit Operations and associated control environments.
  • Provide monthly oversight for completion and reporting of all Banking Risk & Controls testing activities for Deposit Operations.
  • Provide monthly reporting to Risk Committee on systemic issues, emerging risks, and control effectiveness trends across Deposit Operations and BSA-related processes.
  • Oversee reporting of internal and external findings related to Deposit Operations, including tracking, escalation, and resolution status.
  • Ensure adherence to scheduled and risk-based testing calendars.
  • Oversee assignment and completion of required training for team members and relevant stakeholders.
  • Assist other Lines of Defense in performing risk assessments across Deposit Operations and ensure timely documentation and governance within the Risk Management platform.
  • Other duties as assigned.

Requirements
  • Experience in banking and deposit operations, consumer lending, commercial lending, commercial loan servicing, or commercial banking.
  • Background in an Operations, Risk Management, Compliance, BSA/AML, or Internal Audit role within a financial institution.
  • Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking operations knowledge.
  • Minimum 5 years of experience in mortgage banking or mortgage servicing with an emphasis in risk management, internal audit, or compliance within the financial services industry. Prior leadership experience is preferred.
  • Comprehensive knowledge of risk management frameworks, banking regulations, lending/servicing guidelines, internal controls, and regulatory compliance requirements.
  • Knowledge of federal and state laws, government regulations, and agency requirements, including but not limited to BSA/AML, RESPA, TILA, UDAAP, Gramm-Leach-Bliley, COSO, FTC, FFIEC, and OCC.
  • Prior experience working with Fiserv products.
  • Knowledge of business and management principles related to strategic planning, resource allocation, leadership, and the coordination of teams across multiple branch and remote locations.
  • Proficiency with risk management, auditing, and reporting tools and software.
  • Strong analytical, investigative, problem-solving, organizational, and project management skills, with the ability to manage multiple priorities, work independently, collaborate across departments, and maintain strict confidentiality.
  • Excellent written, verbal, and interpersonal communication skills.

EEO Statement: We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
Salary Description
$94.8k to $110.9k