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Financial Risk Manager Jobs in Ohio (NOW HIRING)

RSM Global

SAP Transformation Risk Manager

Columbus, OH · On-site

... risk and control management, while also being task oriented and capable of meeting the tight ... Act as SME for SAP application controls in external audits (e.g. financial, SOX, regulatory) * Lead ...

RSM

SAP Transformation Risk Manager

Columbus, OH · On-site

... risk and control management, while also being task oriented and capable of meeting the tight ... Act as SME for SAP application controls in external audits (e.g.financial,SOX, regulatory) * Lead ...

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Financial Risk Manager information

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$49K

$106.1K

$161.6K

How much do financial risk manager jobs pay per year?

As of Sep 9, 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.

Accounting Manager - Risk Management

Cincinnati, OH • On-site

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

Full-time

Re-posted 3 days ago

Turner Construction rating

7.5

Company rating: 7.5 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

27th of 80 rated construction

Job description

PositionDescription:
Manage andcoordinate the day-to-day financial and accounting activities supportingTurner's Insurance & Claims (Risk Management) department. Partner withFinance, Insurance Programs, Claims, Operations, and third-party serviceproviders to support financial reporting, reserve management, budgeting,forecasting, regulatory compliance, and financial analysis related to theCompany's risk management programs.
Essential Duties& Responsibilities:
* Prepare scheduled and ad hoc executive-level presentations, financial models, dashboards, and reporting packages that communicate financial performance and emerging risk trends.
* Partner with Operations Finance and HQ Finance teams to ensure accurate accounting treatment and ledger integrity for insurance and claims transactions
* Review and reconcile reserve activity, claim payments, premium allocations, and related balance sheet accounts.
* Collaborate with Turner Surety Insurance Brokerage team and analyze historical claims experience and emerging trends to identify financial risks and opportunities for process improvement. Participate on cross-functional process improvement teams.
* Review financial performance, fee structures, and contract terms for Third-Party Administrators (TPAs), brokers, and Risk  Management Information System (RMIS) vendors, providing recommendations to management.
* Assist with annual audits by preparing schedules, supporting documentation, and responding to audit requests.
* Oversee and monitors fleet vehicle program for risk management, including ensuring appropriate insurance coverage and compliance
* Assist with the monthly financial reporting process for Risk Management, ensuring timely and accurate reporting of financial results and payments to vendors.
* Prepare and analyze financial reports related to insurance programs, claims activity, reserve balances, premiums, and total cost of risk.
* Assist the Financial Manager with management of reserve funds, analyze loss data, and monitor budgets for claim payouts and insurance premiums.
* Develop financial analyses and predictive models supporting claim liabilities, premium allocations, reserve adequacy, and total cost of risk.
* Partner with the Financial Manager, Insurance Programs team, Brokerage partners, and Chief Risk Officer during annual budgeting for insurance premiums, departmental operating expenses, and expected claim payments.
* Monitor monthly financial performance against budget and forecast, investigate significant variances, and prepare explanations of loss trends and financial results.
* Support financial reporting requirements, regulatory compliance, and internal control processes related to insurance and claims accounting.
* Provide guidance and support to accounting staff and cross-functional business partners regarding insurance and claims accounting processes and provide training as needed.
* Support implementation of financial system enhancements, reporting automation, and continuous improvement initiatives.
* Company statement added for oversight, training, onboarding, and performance review
* Other activities,duties, and responsibilities as assigned. 

What Turner Construction employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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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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