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Financial Risk Manager Jobs in Ohio (NOW HIRING)

Everest Re Group

Vice President, Credit Risk

London, OH · On-site

Partner with Investments, Reinsurance, Underwriting, Finance, and Actuarial teams to ensure effective risk identification and management. Portfolio Management & Analytics * Establish robust portfolio ...

Jobtailor

Client Manager - Project Risk

Cleveland, OH · On-site

Ensure accuracy of financial reporting, premiums, and collateral * Monitor safety performance ... risk * Experience managing OCIP/CCIP programs * Knowledge of Workers' Compensation, General ...

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Financial Risk Manager information

See Ohio salary details

$49K

$106.1K

$161.6K

How much do financial risk manager jobs pay per year?

As of Sep 10, 2026, the average yearly pay for financial risk manager in Ohio is $106,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,600.00 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 Ohio?

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

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

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

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

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

Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Ohio as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $106,056 per year, or $51 per hour.

Financial Manager - Self Perform Operations

Columbus, OH

Turner Construction
Construction • 10K+ employees
Learn more about Turner Constructionexternal

$85K - $112K/yr

Full-time

Re-posted 4 days ago

Turner Construction rating

7.5

Company rating: 7.5 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

Job description

Position Description: Manage finance, accounting, and cost departments and liaise with Turner's Self Perform Operations profit center projects. Manage profit center financial reporting and risk management ensure adherence to company policies and procedures and generally accepted accounting principles.

Reports to: Senior Financial Manager, Operational Finance or VP, Regional Controller

Essential Duties & Responsibilities:

  • Create supportive environment to develop high performing team, provide professional development opportunities and engage in coaching and mentoring.
  • Lead finance and other team members, provide timely performance feedback and contribute to performance appraisals.
  • Develop and deliver training to staff on department processes.
  • Provide financial and business decision leadership for core business activities and new opportunities.
  • Work closely with profit center executive team as advisor and highly valued partner. Collaborate with general manager on execution of business strategies, provide support for key business decisions. Participate in EVP strategy and operating meetings.
  • Collaborate with leadership team on development and preparation of annual profit plan and forecasting reports.
  • Develop, analyze and present periodic financial statements and reports for profit center.
  • Improve systems, processes and procedures to effectively support profit center, leaders and finance.
  • Lead cash management and profit enhancement initiatives.
  • Ensure bonding and insurance is obtained and maintained.
  • Assist Tax department with local municipality tax issues.
  • Oversee billing issuance, collection and overdue receivables.
  • Manage financial compliance to ensure standards of compliance with external requirements and internal company policies.
  • Drive focus on financial risk management, support development of policies/procedures, ensure clear and concise communication of standards.
  • Active involvement in community and industry.
  • Other activities, duties, and responsibilities as assigned.

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About Turner Construction

Sourced by ZipRecruiter

Turner Construction, headquartered in New York, NY, US, is a recognized leader in the construction industry. It was established in 1902 and has since curved its niche as one of the most reputable construction firms. Turner Construction provides a broad range of services like general contracting, construction management, design-build, and consulting. Devoted to environment-friendly building practices, it is considered a pioneer in green building and sustainability efforts. Their top-tier projects include Madison Square Garden, Yankee Stadium, and the United Nations Secretariat Building in New York City. The company's mission is to deliver an exceptional product by relentless commitment to their core principles – teamwork, integrity, commitment, and community.

Industry

Construction

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1902

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