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Financial Risk Management Jobs in Springfield, MO

Risk Manager

Springfield, MO · On-site

$85K - $146K/yr

Risk program management - identifies, analyzes, and reports on risk; develops policies and procedures; implements enterprise risk management. * Risk financing - manages the City's relationship with ...

Risk Manager

Springfield, MO · On-site

$85K - $146K/yr

Risk program management - identifies, analyzes, and reports on risk; develops policies and procedures; implements enterprise risk management. Risk financing - manages the City's relationship with ...

... management, motion practice, settlement negotiations, mediation, and trial preparation, while protecting the organization's legal, financial, and reputational interests. The Liability Risk Manager ...

... management, motion practice, settlement negotiations, mediation, and trial preparation, while protecting the organization's legal, financial, and reputational interests. The Liability Risk Manager ...

... management, motion practice, settlement negotiations, mediation, and trial preparation, while protecting the organization's legal, financial, and reputational interests. The Liability Risk Manager ...

... 1742 Risk Management Scheduled Weekly Hours: 40 Hours: 8:00 AM - 5:00 PM Work Shift: Day Shift ... Financial Services, clinical partners, and leadership to reduce organizational risk and promote ...

... 1742 Risk Management Scheduled Weekly Hours: 40 Hours: 8:00 AM - 5:00 PM Work Shift: Day Shift ... Financial Services, clinical partners, and leadership to reduce organizational risk and promote ...

... 1742 Risk Management Scheduled Weekly Hours: 40 Hours: 8:00 AM - 5:00 PM Work Shift: Day Shift ... Financial Services, clinical partners, and leadership to reduce organizational risk and promote ...

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Financial Risk Management information

See Springfield, MO salary details

$48.5K

$105K

$160K

How much do financial risk management jobs pay per year?

As of Jun 26, 2026, the average yearly pay for financial risk management in Springfield, MO is $104,975.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,700.00 and $121,400.00 per year, depending on experience, location, and employer.

What is a Financial Risk Management job?

A Financial Risk Management job involves identifying, assessing, and mitigating risks that could impact a company's financial health. Professionals in this field analyze market trends, credit risks, and operational risks to develop strategies that protect assets and profitability. They use financial modeling, risk assessment tools, and regulatory guidelines to ensure compliance and minimize potential losses. Common roles include risk analysts, credit risk managers, and compliance officers in industries like banking, insurance, and investment firms.

How much does a risk manager get paid?

A risk manager's salary varies based on experience, industry, and location, but typically ranges from $70,000 to $150,000 annually. Senior risk managers or those in financial hubs can earn higher salaries, especially with certifications like FRM or CFA and strong analytical skills.

What are the typical career advancement opportunities for someone in Financial Risk Management?

Professionals in Financial Risk Management often start as analysts or associates and can progress to roles such as Risk Manager, Senior Risk Analyst, or Director of Risk Management with experience and proven expertise. Career advancement typically involves taking on greater responsibility for complex risk analysis, decision-making, and leading teams or projects. Earning specialized certifications and gaining exposure to different risk disciplines (such as market risk, credit risk, or operational risk) can also accelerate career growth. Many organizations provide opportunities for cross-functional collaboration, which helps develop leadership and strategic planning skills important for moving into executive-level positions.

What are the key skills and qualifications needed to thrive in the Financial Risk Management position, and why are they important?

To thrive in Financial Risk Management, you need a strong analytical background, proficiency in financial modeling, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analytics tools like Excel or SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly valued. Excellent problem-solving skills, attention to detail, and strong communication abilities help professionals effectively present risks and collaborate with stakeholders. These competencies are crucial for accurately identifying, analyzing, and mitigating financial risks to support an organization's financial health.

Is risk management high paying?

Risk management professionals, including those in financial risk management, often earn competitive salaries that increase with experience, certifications, and industry sector. Entry-level roles may have moderate pay, but senior positions such as risk managers or directors typically offer high compensation, especially in finance and banking industries. Skills in data analysis, quantitative methods, and regulatory knowledge can also influence earning potential.

What is a financial risk management job?

A financial risk management job involves identifying, analyzing, and mitigating financial risks that could impact an organization’s assets or earnings. Professionals in this field use tools like risk assessment models, financial analysis, and regulatory knowledge to develop strategies that minimize potential losses and ensure financial stability.
What job categories do people searching Financial Risk Management jobs in Springfield, MO look for? The top searched job categories for Financial Risk Management jobs in Springfield, MO are:
What cities near Springfield, MO are hiring for Financial Risk Management jobs? Cities near Springfield, MO with the most Financial Risk Management job openings:
Infographic showing various Financial Risk Management job openings in Springfield, MO as of June 2026, with employment types broken down into 70% Full Time, 28% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $104,975 per year, or $50.5 per hour.
Risk Manager

$85K - $146K/yr

Full-time

Retirement

Posted 15 days ago


Job description

Salary : $85,571.20 - $146,827.20 Annually
Location : Springfield, MO
Job Type: Full Time
Job Number: 061226
Department: Law
Opening Date: 06/12/2026
Closing Date: Continuous
Description
Position Overview and Key Responsibilities
The City of Springfield is seeking an experienced Risk Manager to lead the City's risk management program, supporting an organization with approximately $1.5 billion in net assets, 1,800 full-time employees, and a $15 million self-insurance fund. The core functions of the position are:
  • Risk program management - identifies, analyzes, and reports on risk; develops policies and procedures; implements enterprise risk management.
  • Risk financing - manages the City's relationship with insurance brokers, actuaries, and insurers; formulates commercial insurance strategy; oversees self-insurance fund.
  • Claims administration - directs administration of general liability, auto, property, and other claims; establishes and maintains reserves; manages carriers.

The position will be responsible for supervision and currently manages two claims adjusters and a staff assistant.
With new City leadership and a strong focus on operational excellence, the City of Springfield will seek someone that is collaborative, builds relationships, and has excellent rapport with stakeholders across City departments and other City leadership.
Leadership Philosophy
Springfield believes the strongest organizations are built through better processes, stronger relationships, and a culture grounded in trust. Our leadership philosophy challenges the status quo, embraces thoughtful innovation, and empowers people to deliver exceptional public service.
About Springfield
Springfield is the economic and cultural hub of Southwest Missouri and serves as the center of one of the fastest-growing regions in the State of Missouri. With a population of more than 170,000 residents and a regional population exceeding 475,000, Springfield is home to a diverse and expanding economy supported by healthcare, education, advanced manufacturing, logistics, and technology.
Known as the Queen City of the Ozarks, Springfield offers a high quality of life with vibrant downtown districts, nationally recognized healthcare systems, and several higher education institutions, including Missouri State University, Drury University, Evangel University, and Ozarks Tech College, a nationally recognized technical college that plays a critical role in workforce development and technology training.
The region is also located near the natural beauty of the Ozarks, with abundant outdoor recreation opportunities including lakes, trails, and conservation areas.
This Risk Manager role offers a total compensation package including annual performance increases, city-sponsored benefits (such as a defined benefit retirement plan), generous leave time, and more. You can look at that !
Qualifications and Requirements
Experience, Education, and Training:
  • Bachelor's degree in Risk Management, Insurance, Finance, Public Administration, Business Administration, or a related field;
AND
  • Seven years of progressively responsible experience in risk management, insurance, claims administration, or a closely related field;
  • An advanced degree (MBA, MPA, JD) or relevant professional certification may be substituted for one year of experience;
  • At least two years of supervisory experience;
PREFERRED
  • Experience managing a self-insurance program or substantial self-insured retention;
  • Public sector experience.
Licensing/Certification:
  • Associate in Risk Management (ARM), Chartered Property and Casualty Underwriter (CPCU), or comparable professional designation strongly preferred at appointment.
  • Completion of ARM, CPCU, or a comparable designation required within three years of appointment if not already held.
  • Associate in Risk Management for Public Entities (ARM-P) is preferred.
  • Must possess a valid Driver's License.

Functions
For more information on essential functions and other requirements, please see the job description
Other Requirements
The City of Springfield promotes equal employment opportunities to all without regard to race, color, religion, sex, national origin, age, status as a protected veteran, or status as a qualified individual with a disability, or other legally protected status. All qualified applicants will receive consideration for employment.
Individuals with disabilities who believe they will need an accommodation to undergo any part of the interview, examination, or pre-employment process, should request a reasonable accommodation in accordance with the Americans with Disabilities Act prior to the testing or appointment. Requests should be requested by contacting City of Springfield Human Resources by phone, 417-864-1607, or in person at the Municipal Busch Building, 840 Boonville Ave. Springfield, MO 65802.
Proof of United States Citizenship/Authorization to Work in the United States as established by the Immigration Reform Act of 1986 is a condition of employment. We are committed to a drug-free workplace. Pre-employment drug testing is required.
All interested candidates MUST complete the City of Springfield on-line application in its entirety. The candidate profile must include all employment history with accurate and complete information prior to submission. Resumes alone will not be accepted as the application, but they may be submitted as supplemental documentation.
Find out more about City of Springfield employee benefits through the following link:
01
The following questions are specific to the position you are applying for and must be completed accurately. The information you provide below must be reflected in the experience, education, or volunteer work provided in your application above. A response of 'see resume' will not be accepted.
  • I understand.

02
The salary range for the Risk Manager position is $85,564.13 - $146,823.87 annually. Is this acceptable?
  • Yes
  • No

03
What best describes your level of education?
  • High School Diploma or GED equivalent
  • Less than 30 college credit hours
  • 30 college credit hours
  • Associate's Degree or 60 college credit hours
  • 90 college credit hours
  • Bachelor's Degree
  • Master's Degree

04
Please state the name of your college / university and your SPECIFIC AREA of study.
05
Please describe any and all licenses or certifications you possess as related to this job. (ARM, CPCU, ARM-P strongly preferred)
06
How many years of progressively responsible experience in risk management, insurance, claims administration, or a closely related field do you possess?
  • I do not have any experience
  • Less than 1 year
  • 1 year
  • 2 years
  • 3 years
  • 4 years
  • 5 years
  • 6 years
  • 7 or more years

07
Do you have at least 2 years of supervisory experience?
  • Yes
  • No

08
Do you have experience managing a self-insurance program or substantial self-insured retention and/or public sector experience?
  • Yes
  • No

09
Please describe your experience noted above.
10
Were you referred by a current City employee to apply for this position?
  • Yes
  • No

11
If yes, please state the full name of the City employee who referred you to this position.
Required Question