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Financial Risk Manager Jobs in Indiana (NOW HIRING)

Northwest

Quantitative Analyst II

Fishers, IN · On-site

... Financial Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

Tri-City Group

Finance Project Manager

South Bend, IN · On-site

Analyzes all moving parts as it relates to mitigating financial risk, making recommendations to keep projects within budget. Responsibilities include but are not limited to: * Develop and manage ...

Tri-City Group

Finance Project Manager

South Bend, IN · On-site

Analyzes all moving parts as it relates to mitigating financial risk, making recommendations to keep projects within budget. Responsibilities include but are not limited to: * Develop and manage ...

Tri-City Group

Finance Project Manager

South Bend, IN · On-site

Analyzes all moving parts as it relates to mitigating financial risk, making recommendations to keep projects within budget. Responsibilities include but are not limited to: * Develop and manage ...

Cherry Bekaert

Risk Advisory Senior Manager

Bedford, IN · On-site +1

$119K - $215K/yr

Lead and manage risk advisory and internal audit engagements, delivering high-quality, client ... Bachelor's degree in Accounting, Finance, or a related field * Minimum 8+ years of experience ...

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MRINetwork Jobs

Financial Reporting Manager

Tipton, IN · On-site

$97K - $132K/yr

Financial Reporting Manager We have a tremendous opportunity for someone with financial reporting ... Coordinate inputs, timelines, and interdependencies across ALM, Liquidity Risk, and Investment ...

Circle

As a Senior Manager within Circle's Financial Intelligence Unit (FIU), you will safeguard Circle ... Lead comprehensive financial crime risk assessments to identify US market vulnerabilities and ...

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Circle

As a Senior Manager within Circle's Financial Intelligence Unit (FIU), you will safeguard Circle ... Lead comprehensive financial crime risk assessments to identify US market vulnerabilities and ...

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Financial Risk Manager information

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$49K

$106.2K

$161.8K

How much do financial risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for financial risk manager in Indiana is $106,153.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,800.00 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 Indiana? For Financial Risk Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Indiana look for? The top searched job categories for Financial Risk Manager jobs in Indiana are:
What cities in Indiana are hiring for Financial Risk Manager jobs? Cities in Indiana with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Indiana as of June 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, 1% Temporary, and 2% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $106,153 per year, or $51 per hour.
Quantitative Analyst II

Quantitative Analyst II

Northwest

Fishers, IN • On-site

Full-time

Posted 18 days ago

Job description

IN0534 Fishers, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0258 Bellevue

Job Description

The Quantitative Analyst II is responsible for supporting developing and maintaining complex financial models used throughout the loan and deposit product lifecycle. These models could be rules-based or developed with more advanced statistical, mathematical, econometric, machine learning, or artificial intelligence techniques. This position is also responsible for developing quantitative tools used in the areas of pricing, profitability, and product strategy.

Essential Functions

Develop, Implement, Maintain, and Execute complex financial models used for loss forecasting, scenario and stress testing, originations & collections, pricing, and portfolio optimization for retail, consumer, and commercial assets

Support the design of the same

Use Python or R for data consumption, aggregation, analysis, and model development

Utilize Power BI to develop portfolio analytics and communicate with the line-of-business and operations partners

Utilize Microsoft Office products for analysis, documentation, and presentation

Communicate with line-of-business and operations partners to identify needs and develop requirements

Work with Model Owners to engage with and satisfy independent reviewers, auditors, validators, and regulators

Participate in the research, design, and implementation of new financial products and portfolio strategies

Evaluate model output, summarize, and articulate results to stakeholders and senior management

Develop data environment to support needs of all quantitative activities

Review academic and industry research, present summaries to partners and senior leadership, and suggest practical applications

Additional Essential Functions

Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Additional Responsibilities

Keep abreast of current best industry practices, research, and professional growth opportunities.

Manage personal and departmental workload/workflow

Prepare analysis and reports for partners and senior leadership

Minimize departmental non payroll costs

Recommend improvements to processes and procedures

Recommend customer service enhancements

Maximize technology tools available

Complete other projects as assigned

Safety and Health for those without supervisory duties

Abide by the rules of the safety and loss prevention program

Perform work tasks in a safe manner

Report any and all injuries to supervisor

Know what to do in case of an emergency

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Bachelor's Degree

Undergraduate degree in a field related to physics, mathematics, statistics, economics, or other quantitative discipline

Master's Degree

Ph. D. Diploma

Work Experience

2 - 3 years Work experience in a Financial Institution or Consulting Organization

Experience programming in Python or R

Experience programming in SQL, SAS, Java, C+, C++, or Julia

General Employee Knowledge, Skills, and Abilities

Ability to establish effective working relationships among team members and participate in solving problems and making decisions

Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written

Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information

Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information

Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas

Licenses and Certifications

CFA

Charterholder Certification from the CFA Institute or pursuit thereof

Financial Risk Manager

Financial Risk Manager (FRM) Certification from GARP or pursuit thereof

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

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