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Financial Risk Manager Jobs in Maryland (NOW HIRING)

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong ... Expand client relationships at the CISO, CIO, CTO, CAE, CFO levels; lead cross-sell with Assurance ...

Model Risk Control Specialist

Baltimore, MD · On-site

$70K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We're seeking someone to join our team as a Model Risk Control Specialist in Non-Financial Risk to ... At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their ...

Model Risk Control Specialist

Baltimore, MD · On-site

$70K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We're seeking someone to join our team as a Model Risk Control Specialist in Non-Financial Risk to ... At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their ...

R&I Managed Services Deals Desk Senior Manager

Baltimore, MD

$91K - $321K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Accounting, Business Administration/Management, Computer Science/Information Systems, Cybersecurity, Finance, Risk Management/Insurance - Demonstrating advanced skills in Enterprise Risk Management ...

Chief Financial Officer

Baltimore, MD · On-site

  • Medical

  • Dental

  • Retirement

  • PTO

Manage AURA's financial operations, including accounting, budgeting, forecasting, treasury, tax compliance, cash management, financial reporting, and financial risk management. * Serve as a financial ...

Chief Financial Officer

Baltimore, MD

  • Medical

  • Dental

  • Retirement

  • PTO

Manage AURA's financial operations, including accounting, budgeting, forecasting, treasury, tax compliance, cash management, financial reporting, and financial risk management. * Serve as a financial ...

Senior Treasury Operations Manager

Silver Spring, MD · On-site

$133K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

This role combines deep hands-on ownership of treasury operations with high-impact analytical and modeling responsibilities - including investment portfolio analytics, financial risk management ...

New

Showing results 41-60

Financial Risk Manager information

See Maryland salary details

$50K

$108.3K

$165K

How much do financial risk manager jobs pay per year?

As of Aug 16, 2026, the average yearly pay for financial risk manager in Maryland is $108,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,300.00 and $125,200.00 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.

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 Financial Risk Manager (FRM) designation. The role often demands analytical skills, experience with risk assessment tools, and a good understanding of financial markets, making it a challenging but attainable career path for those with the right education and skills.

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.

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.

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 salaries often range from $80,000 to over $150,000, with higher earnings possible for senior roles and those with professional certifications like FRM or CFA.

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.

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, and typically involves a demanding schedule with high responsibility.

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

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

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

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

Infographic showing various Financial Risk Manager job openings in Maryland as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $108,270 per year, or $52.1 per hour.

Full-time

Medical, Retirement, PTO

Re-posted 8 days ago


Job description

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong focus on security-related consulting, including SOC (SSAE 18), ISO/IEC 27001, and ISO/IEC 42001 engagements. The ideal candidate combines sales/business development acumen, team leadership, and deep delivery expertise to shape client outcomes, scale practices, and develop high-performing teams. This role includes measurable growth responsibilities, client oversight, and engagement leadership across highly regulated and high-growth industries.

Work You'll Do:

  • Business Development & Growth (40%)
    • Own a personal book-of-business growth target; lead opportunity pursuit from prospecting through close (RFPs, proposals, orals, scoping, pricing).
    • Build and manage an opportunity pipeline across SOC (1/2/3), readiness, ISO 27001 ISMS implementation/assessments, ISO 42001 (AI Management System) readiness/certification guidance, and security program advisory.
    • Develop go-to-market (GTM) offerings, thought leadership, and partner/alliances; collaborate with Marketing on campaigns and events.
    • Expand client relationships at the CISO, CIO, CTO, CAE, CFO levels; lead cross-sell with Assurance, Tax, and other Cyber/Technology teams.
  • Engagement Leadership & Delivery (40%)
    • Lead SOC (SSAE 18) readiness and examination projects (SOC 1 Type 1/2, SOC 2 Type 1/2, SOC 3), including scoping, testing strategy, and report quality.
    • Lead ISO/IEC 27001 implementations (ISMS design, risk assessment, controls, internal audits, certification readiness) and ISO/IEC 42001 readiness/implementation for AI governance.
    • Oversee delivery quality, risk, and timelines across multiple concurrent engagements; ensure methodology compliance and audit defensibility.
  • People Leadership & Practice Management (20%)
    • Manage, coach, and develop a team of managers/ seniors/ associates; lead staffing, utilization, and performance.
    • Champion a collaborative, inclusive, and learning-oriented culture; provide timely feedback and career guidance.
    • Strengthen delivery playbooks, templates, and accelerators; contribute to practice P&L hygiene (pricing discipline, margin, WIP/AR, scope management).

Qualifications

  • Required
    • 8–12+ years of progressively responsible experience in public accounting, consulting, or a comparable risk/security practice.
    • Proven track record in SOC (SSAE 18) readiness and examinations (SOC 1/SOC 2), including planning, testing, supervision, and reporting.
    • Hands-on experience with ISO/IEC 27001 (ISMS design/implementation, internal audit, certification readiness) and familiarity with ISO/IEC 42001 (AI Management System) frameworks and AI governance concepts.
    • Demonstrated sales/business development success (pipeline creation, proposals/orals, solutioning, closing) and account growth.
    • People leadership experience: managing teams, setting priorities, and developing talent across multiple engagements.
    • Strong understanding of security and IT risk domains (identity and access, change/configuration, secure engineering, vendor risk, cloud controls, incident response, logging/monitoring, data governance, AI governance).
    • Excellent client communication, executive presence, and stakeholder management skills.
    • Prior practice-building responsibilities (offerings, pricing models, partner alliances).
  • Preferred
    • Experience coordinating with external auditors and working in regulated industries (SaaS, fintech, healthcare, critical infrastructure).
    • Working knowledge of cloud security (Azure, AWS, GCP) and enabling platforms (e.g., M365/Entra ID, ServiceNow GRC, Archer, OneTrust).
  • Education & Certifications
    • Bachelor’s degree in Accounting, Information Systems, Computer Science, Cybersecurity, or related field; Master’s degree a plus.
    • One or more of the following required:
      • CISA (Certified Information Systems Auditor)
      • ISO/IEC 27001 Lead Implementer or Lead Auditor (or equivalent ISO credential)
      • CPA (active)
    • Additional relevant certifications a plus: CISSP, CCSP, CRISC, CISM, ISO/IEC 42001-related training/credentials.
  • Key Performance Indicators (KPIs)
    • Bookings & Revenue: Meets/exceeds individual and practice sales targets; healthy pipeline coverage, appropriate recovery/margins
    • Client Satisfaction & Expansion: New service-line cross-sells; referenceable clients.
    • People Metrics: Team utilization, retention, timely feedback, and progression of staff.

Any unsolicited resumes submitted through our website or to SC&H Group, Inc., employee e-mail accounts are considered property of SC&H Group, Inc., and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for SC&H Group, Inc., there must be a formal written agreement in place and the agency must be invited, by SC&H's Talent Acquisition team, to submit candidates for review.

ABOUT SC&H

SC&H is an employee-owned, global consulting and financial services firm – home to people who believe in the power of trusted personal relationships. Everyone here shares a passion for driving results, fueled by the genuine connections we forge. Our expert capabilities and exceptional service have shaped the firm’s longstanding reputation for excellence and impressive growth. But it’s the partnerships we build and the success we help deliver that make each day rewarding — for our colleagues, our clients, and our communities.

Recognized annually by Inc., Baltimore Business Journal, Accounting Today, and Inside Public Accounting as a “Best Place to Work,” SC&H is routinely named one of the fastest-growing firms for organic growth in the United States. Our success is powered by 13 diverse practices at the intersection of finance, technology, and accounting; 430+ professionals across offices in Maryland, Tysons Corner / Washington D.C., Philadelphia, Chicago, and India; and a client base ranging from emerging growth to world-renowned Fortune 500 companies. This is the place to build lasting professional relationships, grow your skills, and fulfill your potential. 

SC&H
Make it Rewarding.

Salary & Benefits

The expected annual base salary for this position is $140,000-$175,000. Salary offers are made based on a variety of candidate specific factors such as candidate's skills, performance, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. As a 100% employee-owned firm, SC&H offers the unique benefit of real equity ownership for every colleague with at least 1 year of service. Watch your stake grow as your tenure increases and the firm achieves success. We also offer a comprehensive health plan with multiple options to suit your needs, at least 4 weeks of paid time off, 8 firm-paid holidays, 401k with employer match, and an annual firm trip for you and a guest to an all-inclusive tropical location.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.