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Financial Risk Consultant Jobs in Washington, DC

Financial Services Senior Consultant - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into ...

... or consulting industry, supporting one or more of financial risk/related areas: Credit Risk ... Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of financial services ...

... consulting, personal protection solutions and global medical concierge capabilities, allowing ... Assess corporate risk across geopolitical, economic, financial, operational, regulatory ...

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Financial Risk Consultant information

See Washington, DC salary details

$51.5K

$117.7K

$197.1K

How much do financial risk consultant jobs pay per year?

As of Jul 31, 2026, the average yearly pay for financial risk consultant in Washington, DC is $117,651.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,500.00 and $141,600.00 per year, depending on experience, location, and employer.

How much does a financial risk specialist make?

A financial risk specialist typically earns between $70,000 and $120,000 annually, depending on experience, education, and location. Professionals in this role often use analytical tools and may hold certifications like FRM or CFA to advance their careers.

What is the difference between Financial Risk Consultant vs Financial Analyst?

AspectFinancial Risk ConsultantFinancial Analyst
Primary FocusAssessing and managing financial risks for clients or organizationsAnalyzing financial data to guide investment and business decisions
CertificationsFRM, CFA often preferredCFA, CPA often preferred
Work EnvironmentConsulting firms, financial institutions, corporate risk departmentsInvestment firms, banks, corporate finance departments

While both roles require strong financial knowledge and certifications like CFA, the Financial Risk Consultant primarily focuses on identifying and mitigating risks, whereas the Financial Analyst concentrates on analyzing data to inform investment decisions. Their work environments often overlap but serve different core functions within the financial industry.

Does risk consulting pay well?

Risk consulting, including roles like financial risk consultants, generally offers competitive salaries that vary based on experience, certifications, and location. Entry-level positions typically start with moderate pay, while experienced consultants with specialized skills can earn higher compensation, often supplemented by bonuses and benefits.

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

To thrive as a Financial Risk Consultant, you need strong analytical skills, a solid understanding of finance and risk management, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analysis tools like Excel and SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly beneficial. Outstanding communication, problem-solving abilities, and attention to detail help you explain complex risks and collaborate effectively with clients and stakeholders. These skills are crucial for accurately identifying, evaluating, and mitigating financial risks to protect clients’ assets and ensure regulatory compliance.

What are some common challenges Financial Risk Consultants face when working with clients across different industries?

Financial Risk Consultants often encounter the challenge of adapting their risk assessment frameworks to fit the unique regulatory environments, operational structures, and risk appetites of clients from diverse industries. Each sector—such as banking, insurance, or manufacturing—has distinct compliance requirements and market dynamics, requiring consultants to quickly learn and tailor their strategies accordingly. Additionally, consultants must communicate complex risk concepts in a way that is understandable and actionable for stakeholders who may not have a deep financial background. Building trust and maintaining clear communication are key to overcoming these challenges and delivering effective risk mitigation solutions.

What does a financial risk consultant do?

A financial risk consultant analyzes an organization’s financial data to identify potential risks that could impact its stability or profitability. They develop strategies to mitigate these risks, often using financial modeling, risk assessment tools, and industry regulations to advise clients or employers on risk management practices.

What jobs can I get with frm?

A Financial Risk Consultant with an FRM (Financial Risk Manager) certification can pursue roles such as risk analyst, risk manager, credit risk analyst, market risk analyst, or compliance officer. These positions typically involve assessing financial risks, developing risk management strategies, and using tools like risk modeling and data analysis to support decision-making.

Financial Risk Senior Consultant

Deloitte

Mclean, VA

$117K/yr

Other

Re-posted 20 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 91 frontline employees who took The Breakroom Quiz

56th of 149 rated financial services


Job description

Financial Services Senior Consultant - Financial Risk

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Recruiting for this role ends on 9/1/2026.

Work You'll Do

 As a Senior Consultant, you will play a pivotal role in helping financial services clients address business, technological, and regulatory challenges. You will:

  • Participate in the identification, evaluation, and prioritization of business, operational, regulatory, and technology risks, contributing ideas and analysis to risk mitigation strategies for client projects
  • Stay current on key technology trends (cloud, big data, artificial intelligence, process automation, and other digital strategies) and analyze their impact on client business and workforce models
  • Collaborate with project teams to develop high-quality client deliverables or respond to internal business needs, ensuring clarity, accuracy, and value in each work product
  • Support management of workstreams on complex engagements, partnering with client counterparts and contributing to discussions on project execution, work planning, and deliverable management
  • Contribute to recommendations for process improvement, transformation, or risk reduction, working with teammates to deliver client value and operational improvements
  • Assist in business development initiatives such as drafting industry insights, sales materials, or supporting proposal development
  • Create and deliver quality work products across all stages-from initial concept to client-ready implementation-both independently and in collaboration with team members
  • Engage with industry trends by participating in discussions with clients, industry peers, trade groups, or consortiums as appropriate
  • Support junior team members through knowledge sharing, peer review, and on-the-ground project guidance
  • Communicate findings and insights clearly to clients and internal leaders, translating complex technical and regulatory topics into actionable recommendations

The successful candidate would possess these skills

Ability to work independently and collaborate as part of a team
Effective written and verbal communication skills
Meticulous attention to detail and quality of work product
Ability to build and sustain professional relationships 
Ability to lead projects or workstreams
Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
Strong interpersonal skills and professional demeanor 
Ability to meet deadlines
Ability to provide clear guidance to others

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

We seek candidates who are proven problem-solvers, possess a passion for learning, and thrive in collaborative, fast-paced environments. The ideal Senior Consultant demonstrates:

  • The ability to build strong client and team relationships through trust and communication
  • Strong analytical, critical thinking, and organizational skills
  • Enthusiasm for developing expertise across financial services, business process, regulation, technology, or risk management

Required Qualifications

  • Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • 4+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Demonstrated relationship-building skills and a collaborative approach with clients and team members
  • Experience supporting business transformation, regulatory remediation, or change management initiatives
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Solid project management or business analysis skills, with the ability to manage competing priorities and deadlines
  • Excellent oral and written communication skills for developing client deliverables and documentation
  • Ability to travel up to 50%, depending on client and engagement needs
  • Limited immigration sponsorship may be available

Preferred Qualifications

  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
    • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
    • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
    • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
    • Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
  • Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
  • Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
  • Prior experience in risk management role or at a U.S. banking regulator.
  • Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, processes, and controls.
  • Hands-on ability to analyze/model data using common languages/tools (Python, R, SAS, SQL).
  • Experience supporting or implementing systems (trading, operations, lending, core banking, compliance, risk/case management, or data management)
  • Familiarity with topics such as process design or mapping, workflow development, data management or migration, or analytics/visualization
  • Experience with user acceptance testing, system configuration, monitoring, or issue resolution
  • Ability to translate risk or regulatory requirements into actionable user stories or business needs
  • Advanced proficiency in Microsoft Office (PowerPoint, Excel, Visio)

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $110700 to $218300. 

Qualifications:

Financial Services Senior Consultant - Financial Risk

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Recruiting for this role ends on 9/1/2026.

Work You'll Do

 As a Senior Consultant, you will play a pivotal role in helping financial services clients address business, technological, and regulatory challenges. You will:

  • Participate in the identification, evaluation, and prioritization of business, operational, regulatory, and technology risks, contributing ideas and analysis to risk mitigation strategies for client projects
  • Stay current on key technology trends (cloud, big data, artificial intelligence, process automation, and other digital strategies) and analyze their impact on client business and workforce models
  • Collaborate with project teams to develop high-quality client deliverables or respond to internal business needs, ensuring clarity, accuracy, and value in each work product
  • Support management of workstreams on complex engagements, partnering with client counterparts and contributing to discussions on project execution, work planning, and deliverable management
  • Contribute to recommendations for process improvement, transformation, or risk reduction, working with teammates to deliver client value and operational improvements
  • Assist in business development initiatives such as drafting industry insights, sales materials, or supporting proposal development
  • Create and deliver quality work products across all stages-from initial concept to client-ready implementation-both independently and in collaboration with team members
  • Engage with industry trends by participating in discussions with clients, industry peers, trade groups, or consortiums as appropriate
  • Support junior team members through knowledge sharing, peer review, and on-the-ground project guidance
  • Communicate findings and insights clearly to clients and internal leaders, translating complex technical and regulatory topics into actionable recommendations

The successful candidate would possess these skills

Ability to work independently and collaborate as part of a team
Effective written and verbal communication skills
Meticulous attention to detail and quality of work product
Ability to build and sustain professional relationships 
Ability to lead projects or workstreams
Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
Strong interpersonal skills and professional demeanor 
Ability to meet deadlines
Ability to provide clear guidance to others

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

We seek candidates who are proven problem-solvers, possess a passion for learning, and thrive in collaborative, fast-paced environments. The ideal Senior Consultant demonstrates:

  • The ability to build strong client and team relationships through trust and communication
  • Strong analytical, critical thinking, and organizational skills
  • Enthusiasm for developing expertise across financial services, business process, regulation, technology, or risk management

Required Qualifications

  • Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • 4+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Demonstrated relationship-building skills and a collaborative approach with clients and team members
  • Experience supporting business transformation, regulatory remediation, or change management initiatives
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Solid project management or business analysis skills, with the ability to manage competing priorities and deadlines
  • Excellent oral and written communication skills for developing client deliverables and documentation
  • Ability to travel up to 50%, depending on client and engagement needs
  • Limited immigration sponsorship may be available

Preferred Qualifications

  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
    • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
    • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
    • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, se...

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