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Financial Risk Manager Jobs in Connecticut (NOW HIRING)

AQR Capital Management AQR is a global investment firm built at the intersection of financial ... The Team AQR's Risk Management team has direct responsibility for monitoring and managing market ...

Bachelor's degree in Business, Finance, Accounting, or related field (or equivalent experience) * 2-5 years of experience in risk management, banking, finance, or compliance * Working knowledge of ...

Bachelor's degree in Business, Finance, Accounting, or related field (or equivalent experience) * 2-5 years of experience in risk management, banking, finance, or compliance * Working knowledge of ...

Financial Controller

Shelton, CT · On-site

$220K - $225K/yr

Provide oversight related to treasury, investments, cash management, and financial risk. * Lead and develop finance staff while continuing to improve processes, controls, and overall department ...

Financial Controller

Shelton, CT · Hybrid

$220K - $225K/yr

Provide oversight related to treasury, investments, cash management, and financial risk. * Lead and develop finance staff while continuing to improve processes, controls, and overall department ...

Financial Risks & Controls Manager

Stamford, CT · On-site

$112K - $147K/yr

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on ... Establish control environment within Howden Re US Finance to enable management team the ability to ...

Design, implement, oversee, and maintain Conning's enterprise risk management framework and policies, including financial, operational, ICT, strategic, and reputational risks. * Identify, assess ...

Design, implement, oversee, and maintain Conning's enterprise risk management framework and policies, including financial, operational, ICT, strategic, and reputational risks. * Identify, assess ...

Investment Risk Analyst

Stamford, CT · On-site

$92K - $113K/yr

... financial market stress for internal and external consumption (covering both assets and correlated lines of reinsurance). * Assist the Head of Market Risk Management in strengthening governance ...

OFSAA data modeler

Norwalk, CT · On-site

$55 - $71.25/hr

Company Description First IT Solutions At least 3-7 years of relevant experience in OFSAA for Banking Industry Strong Functional knowledge on Financial Risk management, MRM, Liquidity risk, Basel ...

OFSAA data modeler

Norwalk, CT · On-site

$55 - $71.25/hr

Company Description First IT Solutions At least 3-7 years of relevant experience in OFSAA for Banking Industry Strong Functional knowledge on Financial Risk management, MRM, Liquidity risk, Basel ...

Showing results 21-40

Financial Risk Manager information

See Connecticut salary details

$49K

$106.1K

$161.7K

How much do financial risk manager jobs pay per year?

As of Sep 15, 2026, the average yearly pay for financial risk manager in Connecticut is $106,122.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,700.00 per year, depending on experience, location, and employer.

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.

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

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 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.

Do financial risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, median annual pay often exceeds $100,000, with senior roles and certifications like FRM or CFA increasing earning potential. They also benefit from bonuses and other incentives based on performance and risk management success.

Is it hard to become a financial risk manager?

Becoming a financial risk manager typically requires a strong background in finance, economics, or related fields, along with relevant certifications such as the FRM or CFA. The role involves developing analytical skills, understanding financial models, and often gaining experience in risk analysis or financial analysis, which can take several years of education and work experience to achieve.

Is risk management in finance a good career?

A career as a financial risk manager involves analyzing and mitigating financial risks for organizations, often requiring strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. It offers opportunities in banking, investment firms, and corporations, with a focus on quantitative analysis and regulatory compliance. The role can be rewarding for those interested in finance and risk assessment, with a stable job outlook and competitive salary potential.

What are popular job titles related to Financial Risk Manager jobs in Connecticut?

For Financial Risk Manager jobs in Connecticut, the most frequently searched job titles are:

What job categories do people searching Financial Risk Manager jobs in Connecticut look for?

The top searched job categories for Financial Risk Manager jobs in Connecticut are:

What cities in Connecticut are hiring for Financial Risk Manager jobs?

Cities in Connecticut with the most Financial Risk Manager job openings:

Infographic showing various Financial Risk Manager job openings in Connecticut as of August 2026, with employment types broken down into 84% Full Time, 11% Part Time, 2% Temporary, and 3% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $106,122 per year, or $51 per hour.

2027 Risk Summer Analyst

Greenwich, CT • On-site

AQR
501 - 1,000 employees

Temporary

Re-posted yesterday


Job description

AQR Capital Management
AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.
At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We're determined to know what makes financial markets tick - and we'll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.
The Internship Program
Our 10-week summer program puts real work of the firm in your hands. You will work alongside brilliant people, gain insights and know-how from our Quanta Academy Summer Term curriculum, and experience what it's like to work at the pinnacle of global, systematic investing.
Learning is the cornerstone of our culture and plays an active role in the internship experience - through daily collaboration and interaction with employees at all levels, in workshops and classes, and most significantly by working on projects that matter to the many clients we serve. Our unique AQR Quanta Academy: Summer Term learning series, a structured program, consists of over 40 hours of educational, skill-building and networking events.
The Team
AQR's Risk Management team has direct responsibility for monitoring and managing market, liquidity, credit, model and operational risk exposures of firm-managed investments. The team performs a wide range of primary and macro driven research, including stress testing, scenario analysis, and hedging methodologies. The risk department works closely with the firm's many portfolio managers, researchers and traders across macro, equity, credit and derivatives markets in order to holistically manage the firm's risks.
Your Role
AQR's Risk Management team is looking for exceptionally talented individuals to participate in our summer internship program. The Summer Analyst will contribute to a variety of the Risk team's functions and gain practical experience in managing market risks. The role will include researching and developing risk methodologies, conducting quantitative investigations, and providing ongoing support to risk managers.
Responsibilities include:
  • Gain exposure to the many types of market and liquidity risks when managing investment strategies and partner with a seasoned risk manager on a series of varied analytics.
  • Incorporate the outcomes of successful research to develop methodologies for risk management, and improve existing ones
  • Provide quantitative support to risk managers, including monitoring of investment risk and market risk measures, across portfolios and asset classes
  • Support daily risk processes, including active risk management as well as limits monitoring and related escalation procedures
  • Participate in new projects, client development initiatives, and ad-hoc activities

What You'll Bring
  • December 2027 or Spring 2028 graduate in a financial and/or quantitative field
  • Strong interest in markets and risk management
  • Familiarity with financial instruments and risk metrics (including, but not limited to: risk exposures, duration, beta, volatility, option Greeks)
  • Prior experience using a high-level programming language (e.g. Python, Matlab, C++) as a research tool

Who You Are
  • Committed to intellectual integrity, with a high degree of ethics
  • Mature and thoughtful, with the ability to operate within a collaborative, team-oriented culture
  • Hard working and eager to learn in a highly intellectual, innovative environment
  • Well-organized, detail-oriented; able to multi-task and keep track of various deadlines
  • Look beyond the surface level to understand the underlying details

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY