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Financial Risk Manager Jobs in New York (NOW HIRING)

Kafene

Risk Manager

Manhattan, NY · On-site

$127K - $140K/yr

As a Risk Manager, you will report to the VP of Risk and help build Kafene's profit-driven consumer ... financial performance and enhance the customer and merchant experience What You'll Bring * Master ...

Weill Cornell Medical College

Risk Manager

Manhattan, NY · On-site

$136K - $154K/yr

... financing strategies to reduce exposure and support institutional objectives. The Risk Manager works collaboratively with academic units, administrative departments, research teams, clinical ...

RWJBarnabas Health

Risk Manager

Newark, NJ · On-site

$95K - $115K/yr

Risk Management Req #: 0000258316 Status: Salaried Shift: Day Pay Range: $95,000.00 - $115,000.00 ... financial health. * Paid Time Off (PTO) * Medical and Prescription Drug Insurance * Dental and ...

RWJBarnabas Health

Risk Manager

Newark, NJ · On-site

$95K - $115K/yr

Risk Management Req #: 0000258316 Status: Salaried Shift: Day Pay Range: $95,000.00 - $115,000.00 ... financial health. * Paid Time Off (PTO) * Medical and Prescription Drug Insurance * Dental and ...

RWJBarnabas Health

Risk Manager

Newark, NJ · On-site

$95K - $115K/yr

Risk Management Req #: 0000258316 Status: Salaried Shift: Day Pay Range: $95,000.00 - $115,000.00 ... financial health. * Paid Time Off (PTO) * Medical and Prescription Drug Insurance * Dental and ...

Windcave

Enterprise Risk Manager

Manhattan, NY · On-site

$135K/yr

We support a wide range of industries, including retail, finance, hospitality, and more, with ... About the role At Windcave Limited, we are seeking an experienced Risk Manager to join our team in ...

Windcave

Enterprise Risk Manager

Manhattan, NY · On-site

$135K/yr

We support a wide range of industries, including retail, finance, hospitality, and more, with ... About the role At Windcave Limited, we are seeking an experienced Risk Manager to join our team in ...

Nomura International

Portfolio Risk Manager

Manhattan, NY · On-site

$160K - $190K/yr

Portfolio Risk Manager Corporate Title : Vice President Department : Risk Location: New York The ... Company Overview Nomura is a global financial services group with an integrated network spanning ...

Atlantic Health System

Risk Manager

Morristown, NJ · On-site

Evaluates event for severity, frequency and probability of financial loss * Reports as appropriate ... risk management, corporate compliance, EMTALA, HIPAA and other regulatory concerns following the ...

Atlantic Health System

Risk Manager

Morristown, NJ · On-site

Evaluates event for severity, frequency and probability of financial loss * Reports as appropriate ... risk management, corporate compliance, EMTALA, HIPAA and other regulatory concerns following the ...

Nomura International

Portfolio Risk Manager

Manhattan, NY · On-site

$160K - $190K/yr

Portfolio Risk Manager Corporate Title : Vice President Department : Risk Location: New York The ... Company Overview Nomura is a global financial services group with an integrated network spanning ...

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Financial Risk Manager information

See New York salary details

$56.3K

$122K

$186K

How much do financial risk manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for financial risk manager in New York is $122,046.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $141,100.00 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 New York?

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

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

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

What cities in New York are hiring for Financial Risk Manager jobs?

Cities in New York with the most Financial Risk Manager job openings:

Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in New York as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $122,046 per year, or $58.7 per hour.

Risk Manager

Manhattan, NY • On-site

Kafene
Finance and Insurance • 11 - 50 employees
Learn more about Kafeneexternal

$127K - $140K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Re-posted 18 days ago

Job description

Get to Know Us

Kafene is revolutionizing the lease-to-own space. We're the point-of-sale powerhouse making flexible lease-to-own accessible to everyone—prime and non-prime customers alike. Our secret weapon? Cutting-edge AI and machine learning that analyzes 20,000+ data inputs in real-time, empowering retailers across furniture, appliances, electronics, tires, and durable goods to say "yes" to more customers.

The numbers tell our story: over $500 million in originations and counting. But we're just getting started.

Our 150-person team spans NYC headquarters, Wilmington, and remote talent across the globe—all united by a culture that thrives on collaboration, innovation, and genuine support. We don't just talk about great workplace culture; we deliver it. That's why Built In named us a Startup to Watch and Forbes recognized us as one of the Best Startup Employers.

Ready to be part of the fintech revolution? Join us.

About the Team

Kafene’s Risk team is a key driver of growth for the business. As a Risk Manager, you will report to the VP of Risk and help build Kafene’s profit-driven consumer underwriting strategies. You will harness complex data sources and machine learning, and you will partner across technology and senior leadership to develop strategies that optimize credit risk, fraud risk, and other factors across underwriting, portfolio management, and collections.

What You’ll Do

  • Monitor acquisition, portfolio, and collection performance across the account lifecycle, with a focus on consumer credit risk, fraud risk, lease terms, channel performance, and other key metrics

  • Integrate complex data sources, including bureau, alternative, behavioral, macroeconomic, and internal portfolio data, to generate actionable insights

  • Conduct statistical and decision-tree analyses to identify root causes and business opportunities

  • Present findings to leadership, partner with technology teams to support strategy implementation and validation, and continuously monitor risk strategies to improve financial performance and enhance the customer and merchant experience

What You’ll Bring

  • Master of Science degree with major in a quantitative discipline (Statistics, Economics, Business/Data Analytics, or similar)

  • 18 months’ work experience building quantitative and statistical models in the consumer financial lending or lease-to-own (LTO) industry.

  • Experience must include leveraging Python, R, and Excel for statistical analysis and creating pivot tables and using decision-tree modeling tools for predictive analysis

Compensation and Benefits:

  • Base Salary: Earn a competitive base salary $127,500 – $140,000

  • Healthcare: We prioritize your well-being by covering 80% of medical, dental, and vision insurance costs, including coverage for your spouse, children, and other dependents.

  • Retirement Benefits: Begin planning for your future from day one with our 401k plan.

  • Paid Time Off: We understand the importance of work-life balance. That's why we offer flexible paid time off days starting from day one of your employment.

We're building a team as diverse as the customers we serve

Kafene is proud to be an equal-opportunity employer, and we mean it. We welcome qualified applicants of every race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, veteran status, and all other legally protected characteristics.

Need accommodation during the application

process? We've got you. If you're applying for a U.S. position and require reasonable accommodation at any stage, reach out to careers@kafene.com with details about your request and contact information. We're here to help make the process work for you.

Note: This email address is specifically for accommodation requests and will only respond to those inquiries.

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