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Financial Risk Manager Jobs in Maine (NOW HIRING)

Procurement & Risk Manager

Brunswick, ME ยท On-site

$124K - $140K/yr

This role serves as a key advisor to the Senior Vice President for Finance and Administration ... Coordinate and conduct campus-wide risk management training sessions, guidelines, and procedures ...

About Team / Role As a Global Risk Operations Program Manager, you will be the strategic engine ... This is a high-visibility role where your ability to navigate a complex global financial ecosystem ...

About Team / Role As a Global Risk Operations Program Manager, you will be the strategic engine ... This is a high-visibility role where your ability to navigate a complex global financial ecosystem ...

About Team / Role As a Global Risk Operations Program Manager, you will be the strategic engine ... This is a high-visibility role where your ability to navigate a complex global financial ecosystem ...

Finance Director

Orono, ME ยท On-site

$150 - $200/hr

Advancedproficiencyin Excel and financial analysis * Deep understanding of capital allocation, treasury management, and risk management principles * Experience presenting financial information to ...

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Financial Risk Manager information

See Maine salary details

$49.9K

$108K

$164.6K

How much do financial risk manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for financial risk manager in Maine is $108,008.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,100.00 and $124,900.00 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 cities in Maine are hiring for Financial Risk Manager jobs?

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

Infographic showing various Financial Risk Manager job openings in Maine as of August 2026, with employment types broken down into 84% Full Time, 12% Part Time, 3% Temporary, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $108,008 per year, or $51.9 per hour.

Lecturer in Finance: Insurance & Risk Management

Maine's Public Universities

Orono, ME โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 2 days ago


Job description


The Maine Business School (AACSB Accredited) at the University of Maine seeks applicants for a teaching faculty position at the rank of Lecturer in Finance, with an anticipated start date of January 1, 2027. This will be a full-time, ongoing 10.5-month appointment, renewed annually based on satisfactory performance. The standard work year is September 1st through July 15th. Typical hiring range is $85,000 to $95,000 commensurate with qualifications and experience.
This position will support teaching needs in finance, with a primary emphasis on insurance, enterprise risk management, and financial risk analysis. The successful candidate will contribute to the development of educational offerings related to property and casualty insurance, life and health insurance, employee benefits, underwriting, enterprise risk management, and emerging risks affecting organizations and communities.
Essential duties and responsibilities included, and are not limited to:
  • Teach undergraduate and graduate finance courses, including Principles of Finance.
  • Support teaching needs in finance, with a primary emphasis on insurance, enterprise risk management, and financial risk analysis.
  • Contribute to the development of educational offerings related to property and casualty insurance, life and health insurance, employee benefits, underwriting, enterprise risk management, and emerging risks affecting organizations and communities.
  • Collaborate with industry partners.
  • Support internships and experiential learning opportunities.
  • Develop professional pathways for students interested in insurance careers.
  • Contribute to curriculum innovation.
  • Teach four courses each fall and spring semester and two courses during the summer (primarily online), with the possibility of reassigned effort for significant service, program development, or experiential learning initiatives.
  • Participate in AACSB accreditation activities.
  • Provide service to the Maine Business School, the University, the profession, and the broader community.

About the University:
The University of Maine is a community of more than 11,900 undergraduate and graduate students, and 2,500 employees located on the Orono campus, the regional campus in Machias, and throughout the state. UMaine is a land, sea and space grant university, and maintains a leadership role as the University of Maine System's flagship institution. UMaine is the state's public research university and a Carnegie R1 top-tier research institution, dedicated to providing excellent teaching, research and service for Maine, the nation and the world. More information about UMaine is at umaine.edu.
The University of Maine offers a wide range of benefits for employees including, but not limited to, tuition benefits (employee and dependent), comprehensive insurance coverage including medical, dental, vision, life insurance, and short and long term disability as well as retirement plan options.
UMaine is located in beautiful Central Maine. Many employees report that a primary reason for choosing to come to UMaine is quality of life. Numerous cultural activities, excellent public schools, safe neighborhoods, high quality medical care, little traffic, and a reasonable cost of living make the greater Bangor area a wonderful place to live. Visit the Maine Office of Tourism to learn more about what the Bangor region has to offer.
Qualifications:
Required:
  • MBA, MS in Finance, MS in Risk Management, Actuarial Science, Insurance, or related master's degree.
  • Ability to teach Principles of Finance.
  • Minimum five years of professional experience in insurance, risk management, underwriting, actuarial services, employee benefits, or related fields.

Preferred:
  • CPCU, ARM, CRM, CFA, ASA, ACAS, FCAS, FSA, or comparable professional credential.
  • Ph.D., DBA, or specialized doctoral degree in Finance, Risk Management, Insurance, Actuarial Science, or related field.
  • More than eight years of professional experience in insurance or risk management.
  • Evidence of successful university-level teaching.
  • Experience teaching online and in-person courses.
  • Expertise in enterprise risk management, actuarial science, insurance markets, or financial risk analysis.
  • Experience building partnerships with industry organizations.

Other Information:
To be considered for this position you will need to "Apply" and upload the documentation listed below:
1.) a cover letter which describes your experience, interests, and suitability for the position
2.) a resume/curriculum vitae
Candidates selected to proceed to the final stages of the search process will be requested to provide a list of names and contact information for references.
Incomplete application materials cannot be considered. Materials received after the initial review date will be reviewed at the discretion of the University.
For full consideration, materials must be submitted by 4:30 p.m. EST on September 14, 2026.
For questions about the search, please contact search committee chair Tanya Beaulieu at tanya.beaulieu@maine.edu.
The successful applicant is subject to appropriate background screening.
The University of Maine System (the System) is an equal opportunity institution committed to fostering a nondiscriminatory environment and complying with all applicable nondiscrimination laws. Consistent with State and Federal law, the System does not discriminate on the basis of race, color, religion, sex, sexual orientation, transgender status, gender, gender identity or expression, ethnicity, national origin, citizenship status, familial status, ancestry, age, disability (physical or mental), genetic information, pregnancy, or veteran or military status in any aspect of its education, programs and activities, and employment. The System provides reasonable accommodations to qualified individuals with disabilities upon request. If you believe you have experienced discrimination or harassment, you are encouraged to contact the System Office of Equal Opportunity and Title IX Services at 5713 Chadbourne Hall, Room 412, Orono, ME 04469-5713, by calling 207.581.1226, or via TTY at 711 (Maine Relay System). For more information about Title IX or to file a complaint, please contact the UMS Title IX Coordinator at www.maine.edu/title-ix/.
Clery Act
The Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act, or Clery Act, mandates that all Title IV institutions, such as the University, prepare, publish and distribute an Annual Security Report, (ASR) and provide notice of the availability of the ASR to all prospective employees. This report consists of two basic parts: disclosure of the University's crime statistics for the past three calendar years; and disclosures regarding the University's current campus security policies. You may view the University's Annual Security Report. If you wish to have a paper copy of the ASR or you need to have a copy of the ASR in an accessible format, the University will provide such a copy upon request. Please contact: UMaine Police Department, 81 Rangeley Rd., The University of Maine, Orono, ME 04469-5794, or call 207.581.4053.