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Financial Risk Manager Jobs in California (NOW HIRING)

Thunes

Fraud Risk Manager

San Francisco, CA · On-site

Qualifications * 5+ years of experience in fraud risk management within payments, fintech, banking, or financial services. * Strong understanding of payment ecosystems including cards, ACH, wallets ...

Thunes

Fraud Risk Manager

San Francisco, CA

Qualifications * 5+ years of experience in fraud risk management within payments, fintech, banking, or financial services. * Strong understanding of payment ecosystems including cards, ACH, wallets ...

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All JobsFinancial Risk Manager JobsFinancial Risk Manager Jobs in California

Financial Risk Manager information

See California salary details

$50.8K

$110.1K

$167.8K

How much do financial risk manager jobs pay per year?

As of Jun 26, 2026, the average yearly pay for financial risk manager in California is $110,095.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,800.00 and $127,300.00 per year, depending on experience, location, and employer.

What are some common challenges Financial Risk Managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

How much does a risk manager get paid?

A financial risk manager's salary varies based on experience, location, and industry, but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher salaries, especially in large financial institutions or major financial centers.

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

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What does a finance risk manager do?

A financial risk manager identifies, analyzes, and mitigates potential financial risks that could impact an organization, such as market, credit, or operational risks. They use tools like risk assessment models and financial analysis to develop strategies that protect the company's assets and ensure regulatory compliance. Strong analytical skills, knowledge of financial markets, and relevant certifications like FRM or CFA are often required.

What is the salary of risk manager?

The salary of a Financial Risk Manager at JP Morgan typically ranges from $90,000 to $150,000 annually, depending on experience, location, and certifications such as FRM or CFA. Senior risk managers or those in high-cost areas may earn higher compensation, including bonuses and benefits.

What does a Financial Risk Manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.

Do risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by experience, location, and industry. According to industry reports, median annual salaries range from $80,000 to over $150,000, with senior roles and certifications like FRM or CFA often commanding higher pay. Risk management skills in data analysis and financial modeling are highly valued in this field.
What are popular job titles related to Financial Risk Manager jobs in California? For Financial Risk Manager jobs in California, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in California look for? The top searched job categories for Financial Risk Manager jobs in California are:
What cities in California are hiring for Financial Risk Manager jobs? Cities in California with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in California as of June 2026, with employment types broken down into 2% As Needed, 71% Full Time, 23% Part Time, 2% Temporary, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $110,095 per year, or $52.9 per hour.
US ALM Risk Manager

US ALM Risk Manager

Royal Bank of Canada

Los Angeles, CA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

Job description

Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
US ALM Risk Manager
Job Description
What is the Opportunity?
The US GRM-Balance Sheet Risk (US GRM-BSR) group provides independent and effective on-site monitoring, controlling and communication on the nature and extent of all material liquidity risk and banking book market risk (non-trading market risk, interest rate risk in the banking book [IRRBB]) across RBC's Combined US Operations (CUSO), which includes RBC's US branches and agencies, RBC's Intermediate Holding Company (RIHC) and its material entities: RBC Capital Markets LLC (CM LLC), City National Bank (CNB), RBC Bank Georgia, N.A. (RBC Bank). The group is relied up to ensure the implementation of and compliance with risk management policies and procedures.
The incumbent will support the Lead, US ALM Risk Management and the Head, US GRM-BSR in the oversight of banking book market risk across RBC CUSO as part of the Group Risk Management (GRM) mandate and will promote a "Best of Class" risk oversight environment.
The role involves providing complex analytical support for managing risk across large portfolios of assets and liabilities, along with the associated risk factors. The complexity exists at both the RBC CUSO level and within individual legal entities.
What will you do?
  • The incumbent is responsible for applying a working level of knowledge of Asset Liability Management (ALM) (also referred to as banking book market risk, non-trading market risk, or interest rate risk in the banking book - IRRBB); a primary responsibility of this role is to provide support to the Lead, ALM Risk Management on matters pertaining to the oversight of the ALM profile and management of CUSO entities.
  • This role will be one of coordination, working within established policies and procedures and assuming responsibility for interpretation and delivery within established policies and procedures.
  • Independently conduct moderately complex routine operations and maintenance support activities.
  • Demonstrate a good understanding of procedures and concepts within ALM and respond to moderately complex functional queries.
  • Adhere to operating policies and procedures and regulatory guidelines and make recommendations within scope of ALM and/or provide input into policy and procedure amendments.
  • Identify and independently resolve moderately complex routine issues in the context of ALM.
  • Analyze data and prepare reports of observations, and relatively simple recommendations based on findings.
  • Generally execute on approved strategy but may assist in the development of strategies/action plans to address technical and competency gaps within oversight of ALM.
  • Ensure a strong control environment by aligning data management, methodology and quantitative models
  • Utilize the Bank's banking book market risk measurement platforms to support risk analytics
  • Implement risk analysis tools to allow for deeper understanding of risk drivers and changes.
  • Understand and quantify the impacts from model and parameter assumptions (quantitative and qualitative) employed within the banking book market risk framework, including deposit duration models, retail pricing models, and loan prepayment models
  • Create consolidated reporting that includes additional sensitivity measures and stress testing, with consistent aggregation and integration across business lines, legal entities, etc.
  • Monitor activities and exposures to ensure adherence to approved policies and limits
  • Regularly review existing policies and limits, proposing updates and revisions where necessary
  • Ensure risk reporting is timely and accurate and changes in risk are properly investigated and understood
  • Provide insight on key risks and exposures versus market trends and potential events to identify and provide insight on emerging risk exposures

What do you need to succeed?
  • 2+ years' experience in the financial services sector
  • Bachelor's Degree.

Other Required Qualifications:
  • Knowledge and experience in ALM and interest rate risk management at a large financial institution.
  • Knowledge of and experience with US bank regulations for liquidity, capital and interest rate risk management.
  • Excellent oral and written communication skills.
  • Strong understanding of risks in the financial services sector, effective risk management approaches and global risk issues.
  • Strong record of work experience in financial service industry with good exposure to operational processes, financial products, credit and/ or risk management activities.
  • Self-starter with the ability to work independently and in an organized manner, with attention to detail, prioritize, and handle multiple work streams
  • Excellent problem solving, analytical, organizational, written and oral communication skills
  • Good personal computing skills, with knowledge of MS Office programs
  • Intellectual curiosity, global and strategic mindset with ability to think conceptually
  • Diplomatic and an effective consensus builder. Strong interpersonal skills with ability to develop and maintain relationships across business platforms and control functions of RBC, as well as with external counterparts
  • Ability to meet tight deadlines and work with changing priorities in a dynamic team environment.

What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $165,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value
Job Summary
Address:
Los Angeles, California, United States of America
City:
USA-CA-LOS ANGELES
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
Group Risk Management
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2022-12-05-08:00
Application Deadline:
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

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