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Financial Risk Manager Jobs in Kentucky (NOW HIRING)

Cargill

Grain Production Worker - Seasonal

Hickman, KY

$18.50/hr

... of financial, risk management, and customized farmer services. Working at Cargill is an opportunity to thrive - a place to develop your career to the fullest while engaging in meaningful work that ...

Yum

Analyst, Treasury

Louisville, KY · On-site

... and manage financial risk across the organization. You will be required to attend the Louisville, KY office three days per week (Tuesday - Thursday). Salary Range: $89,300-$100,000 + bonus ...

Cna

Risk Control Consultant

Louisville, KY · On-site

... financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, check out ... Under general management direction, works within broad limits of authority requiring a high degree ...

Cargill

Grain Production Worker - Seasonal

Hickman, KY

$18.50/hr

... of financial, risk management, and customized farmer services. Working at Cargill is an opportunity to thrive - a place to develop your career to the fullest while engaging in meaningful work that ...

Cargill

Grain Production Worker - Seasonal

Hickman, KY · On-site

$18.50/hr

... of financial, risk management, and customized farmer services. Working at Cargill is an opportunity to thrive a place to develop your career to the fullest while engaging in meaningful work that ...

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See Kentucky salary details

$44.7K

$96.9K

$147.6K

How much do financial risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for financial risk manager in Kentucky is $96,889.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,200.00 and $112,000.00 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 Kentucky? For Financial Risk Manager jobs in Kentucky, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Kentucky look for? The top searched job categories for Financial Risk Manager jobs in Kentucky are:
What cities in Kentucky are hiring for Financial Risk Manager jobs? Cities in Kentucky with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Kentucky as of June 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $96,889 per year, or $46.6 per hour.
Vice President of Risk Management

Vice President of Risk Management

Churchill Downs Incorporated

Louisville, KY • On-site

Full-time

Posted 3 days ago

Job description

ABOUT CHURCHILL DOWNS INCORPORATED
Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for more than 150 years, beginning with one of the most iconic and enduring events in sports and entertainment-the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI blends a rich legacy with a forward-looking approach to growth. Through the acquisition, development, and operation of live and historical racing entertainment venues, the expansion of online wagering services and other technology businesses, and the ownership and operation of regional casino gaming properties, CDI offers diverse career opportunities across the country. Our success is driven by dedicated team members who are passionate about delivering exceptional experiences, embracing innovation, and helping shape the future of entertainment.
JOB SUMMARY
A Vice President of Risk Management is a senior leader responsible for protecting the organization's assets, operations, and people through comprehensive risk and insurance strategies. This role oversees commercial insurance placement, captive insurance programs, and surety bonds, while leading claims management activities including negotiations, litigated claims oversight, and participation in mediations. The VP monitors liability exposure through actuarial reserve reviews, claims analysis, and regular reporting to stakeholders, supports contract reviews by advising on insurance provisions in partnership with legal, and leads incident response efforts for major events, including directing investigation teams. Additionally, this role supervises claims leadership, ensures priorities are aligned and work is executed effectively, and contributes to the Enterprise Risk Management program to support organizational objectives.
ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Place coverages for all commercial lines to ensure assets and team members are properly insured.
  • Lead claims negotiations and discussions with insurance carrier, legal, and property representatives.
  • Support review of company contracts to provide feedback on insurance provisions in conjunction with corporate legal department.
  • Review quarterly actuarial reserve analysis.
  • Monitor litigated liability claims and provide updates to key stakeholders.
  • Participate in mediations.
  • Lead the Guest Incident Investigation Team at the Kentucky Oaks and Derby.
  • Obtain surety bonds.
  • Answer ad-hoc inquiries regarding coverage, best practices, and reserve changes.
  • Prepare meaningful claims data (cause of loss reports, claim summaries, loss rate analysis, etc.) for quarterly meetings with each property.
  • Oversee captive insurance company.
  • Supervise Director or Claims to ensure all work is properly prioritized and completed.
  • Serve on the Enterprise Risk Management team.

REQUIREMENTS
  • Bachelor's degree required; advanced degree preferred.
  • 10-15 years of relevant risk management experience preferred.
  • Excellent analytical, problem solving, and strategic thinking skills.
  • Ability to analyze, interpret, and summarize data.
  • Excellent financial acumen and understanding of risk management practices.
  • Significant experience with commercial insurance policies.
  • Experience working with a captive insurance company preferred.
  • Detail oriented, professional demeanor, strong organization and project management skills.
  • Strong interpersonal skills, including the ability to interact effectively with senior / executive management.
  • Excellent verbal and written communication / presentation skills.
  • Strong work ethic and ability to cultivate working relationships throughout the organization.
  • Proficient with Microsoft suite products (Excel, PowerPoint, etc.).

CHURCHILL DOWNS INCORPORATED
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.
Work With Us
Churchill Downs Incorporated is an inclusive and fun place to work. We celebrate unique approaches and points of view. We believe diversity is a mindset that drives excellence. We're always learning, evolving and growing. We innovate through mutual respect of ideas and collaboration. This allows us to build a common language that inspires our team members and propels us toward the achievement of our vision.
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