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Director Financial Risk Management Jobs in Florida

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Director Financial Risk Management information

See Florida salary details

$40.4K

$107K

$194.3K

How much do director financial risk management jobs pay per year?

As of Jul 17, 2026, the average yearly pay for director financial risk management in Florida is $107,001.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,800.00 and $125,200.00 per year, depending on experience, location, and employer.

What does a Director of Financial Risk Management do?

A Director of Financial Risk Management is responsible for identifying, assessing, and mitigating financial risks that could impact an organization’s profitability and operations. They develop and implement risk management strategies, policies, and procedures to manage risks related to market fluctuations, credit, liquidity, and regulatory compliance. This role often involves working closely with senior executives, analyzing financial data, and ensuring the company adheres to risk-related regulations and standards. The director also leads a team of risk analysts and collaborates with other departments to promote a risk-aware culture throughout the organization.

What are the main challenges a Director of Financial Risk Management faces when aligning risk strategies across multiple departments?

A Director of Financial Risk Management often encounters the challenge of ensuring consistent risk assessment and mitigation strategies across various business units, each with its own priorities and risk appetites. This requires strong communication skills and the ability to build consensus among stakeholders, as well as staying current with regulatory changes and industry standards. Balancing the need for robust risk controls with the organization's overall business objectives can be complex, but collaboration with finance, operations, and compliance teams is key to implementing effective, enterprise-wide risk policies.

What is the difference between Director Financial Risk Management vs Risk Analyst?

AspectDirector Financial Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (MBA, CFA), extensive experienceBachelor's or master's degree, relevant certifications (FRM, CFA)
Work EnvironmentStrategic leadership, executive meetings, cross-department collaborationData analysis, risk assessment, reporting
Employer & Industry UsageFinancial institutions, corporations, investment firmsBanks, insurance companies, asset management firms

The main difference is that the Director Financial Risk Management oversees risk strategies at an executive level, focusing on high-level decision-making, while Risk Analysts perform detailed risk assessments and data analysis to support those strategies. The director has broader responsibilities and requires more experience and credentials.

What are the key skills and qualifications needed to thrive as a Director of Financial Risk Management, and why are they important?

To thrive as a Director of Financial Risk Management, you need deep expertise in finance, risk assessment, and regulatory compliance, often supported by a degree in finance or a related field and several years of relevant experience. Familiarity with risk modeling software, advanced Excel, and certifications such as FRM (Financial Risk Manager) or CFA are typically required. Strong analytical thinking, leadership, and effective communication are crucial soft skills for influencing stakeholders and managing teams. These skills ensure prudent risk oversight, regulatory adherence, and strategic decision-making to protect the organization's financial health.
What are the most commonly searched types of Financial Risk Management jobs in Florida? The most popular types of Financial Risk Management jobs in Florida are:
What are popular job titles related to Director Financial Risk Management jobs in Florida? For Director Financial Risk Management jobs in Florida, the most frequently searched job titles are:
What job categories do people searching Director Financial Risk Management jobs in Florida look for? The top searched job categories for Director Financial Risk Management jobs in Florida are:
What cities in Florida are hiring for Director Financial Risk Management jobs? Cities in Florida with the most Director Financial Risk Management job openings:
Director, Risk Management - Coral Gables Campus

Director, Risk Management - Coral Gables Campus

The University of Miami

Coral Gables, FL • On-site

Full-time

Posted 18 days ago


University Of Miami rating

7.7

Company rating: 7.7 out of 10

Based on 52 frontline employees who took The Breakroom Quiz

228th of 555 rated colleges and universities


Job description

Current Employees:
If you are a current Staff, Faculty or Temporary employee at the University of Miami, please click here to log in to Workday to use the internal application process. To learn how to apply for a faculty or staff position, please review this tip sheet.
The Director, Operational Risk Management, manages the day to day operations of the risk management programs for the University enterprise, including risk analysis, risk treatment, claims and insurance functions. The incumbent identifies, assesses, manages and reports on University wide and unit specific risks to various stakeholders at the institution; Ensures that project/department milestones/goals are met and adheres to approved budgets; Conducts audits of policy and compliance to standards, including liaison with internal and external auditors. Directs the administration of the institution's property and casualty insurance programs; Health and Safety programs and business continuity programs, including underwriting and policy review. Develops prevention planning programs and evaluates and analyzes financial aspects of insurance protection to control claims and manage cost. Evaluates and reviews contracts to protect the institution.
CORE JOB FUNCTIONS
  • Reporting to the Assistant Vice President for Risk Management, the Director leads the day to day management of the department, Represents the Risk Management Department and acts on behalf of the AVP at both internal and external meetings. The Director serves as Subject Matter Expert in departmental processes and serves on committees advancing risk management programs.
  • Manages staff in the day-to-day performance of their jobs. Supports the Risk Management team with training, knowledge and experience to help achieve objectives and builds risk awareness within the organization. Manages a comprehensive risk management education and orientation program for the University community at large.
  • Manages the risk management and insurance program for the organization. Develops, recommends, and implements controls and cost-effective approaches to minimize the organization's risks effects. Identifies and analyzes potential sources of loss to minimize risk and estimates the potential financial consequences of an occurring loss. Ensures effective policies, procedures, systems, and best practices are developed and followed to manage risk across the institution. Recommends various forms of insurance to protect the University and is responsible for the renewal cycle for existing insurance policies including Property, Casualty, Management Liability, Medical Malpractice and Miscellaneous policies. Interprets and reviews contracts for indemnification and insurance terms and conditions. Manages departmental analysis, accounting and reporting obligations and analyzes data, develops appropriate action plans and risk mitigation strategies.
  • Analyzes existing and new operations, identifies risks and recommends courses of action designed to maintain the effectiveness of the University's risk management programs and ensure their proper integration with various insurance contracts.
  • Develops, Coordinates, and Administers programs designed to minimize liability. Develops procedures to minimize accidents and injuries to students, faculty, staff and visitors. Initiates policies to comply with safety legislation and industry practices. Researches and reports on the most cost-effective plans to minimize asset liability
  • Recommends the investigation, defenses, and settlement of claims. Investigates any incidences that may result in asset loss. Reviews and analyzes risk management programs for the effectiveness of coverage and to reduce costs and losses.
  • Serve as member of International Incident Response Team, including planning, training and response for international risks.
  • Reviews and evaluates risk in contracting; provides analysis of risk and negotiates risk management terms.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.
CORE QUALIFICATIONS
Education:
  • Bachelor's degree in a relevant field with strong financial and analytical coursework
  • Master's degree preferred

Certification and Licensing:
Completion of or steady progress towards insurance designation and/or certification programs. Examples are:
  • Chartered Property Casualty Underwriter (CPCU)
  • Associate in Risk Management (ARM)
  • Certified Risk Management Professional (RIMS-CRMP)
  • Other risk management and insurance designations

Experience:
  • 5 years of relevant experience with a progression of responsibilities, or a combination of relevant education and experience. Relevancy areas include underwriting, brokerage, and risk management.

Knowledge, Skills and Attitudes:
  • Excellent written and verbal communication skills with strong presentation abilities.
  • Strong organizational, financial and analytical skills.
  • Ability to lead projects and manage complex business issues.
  • Supervisory experience including developing, training and mentoring staff. Demonstrated ability to effectively plan, delegate and/or supervise the work of others.
  • Able to work in a diverse, fast paced, collaborative environment with students, faculty, staff and vendors.
  • Ability to maintain effective interpersonal relationships.
  • Commitment to the University's core values.
  • Ability to direct, manage, implement, and evaluate department operations.
  • Ability to establish department goals and objectives that support the strategic plan.
  • Ability to exercise sound judgment in making critical decisions.

The University of Miami is recognized as one of the nation's premier research institutions and academic health systems and is among the largest employers in South Florida.
With more than 20,000 faculty and staff, the University is committed to excellence and guided by a mission to positively impact the lives of students, patients, and communities locally and globally.
We are dedicated to fostering a culture where every individual feels valued and empowered to contribute meaningfully. United by shared values, the University community works together to build an environment defined by purpose, collaboration, and service.
The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.
Job Status:
Full time
Employee Type:
Staff

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About University of Miami

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The University of Miami, located in the beautiful Coral Gables, Florida, is a comprehensive, private research institution in the United States. Operating within the higher education industry, the institution offers a multitude of degree programs spanning over 180 majors and program through its 12 colleges. The University was founded in 1925 with the mission to disseminate knowledge, transform lives, and change the world - a mission it has held faithfully to this day. Notably, the University of Miami has gained global recognition for its commitment to research and innovation, with over $324 million in research and sponsored project funding awarded annually.

Industry

Colleges, universities, and professional schools

Company size

10,000+ Employees

Headquarters location

Coral Gables, FL, US

Year founded

1925