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Financial Risk Manager Jobs in Pennsylvania (NOW HIRING)

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible ...

Financial Risk Senior Consultant

Philadelphia, PA · On-site

$117.60K/yr

Financial Services Senior Consultant - Financial Risk Our Deloitte Regulatory, Risk & Forensic team ... Support management of workstreams on complex engagements, partnering with client counterparts and ...

Integrate with financial risk management to ensure comprehensive coverage of market and credit risks. * Partner with underwriting risk management to support integration of credit risk in product ...

Integrate with financial risk management to ensure comprehensive coverage of market and credit risks. * Partner with underwriting risk management to support integration of credit risk in product ...

Cybersecurity Risk Manager

Pittsburgh, PA · On-site +1

$70K - $140K/yr

Description Cyber Security Risk Manager Description: As a 1 Line Technology Risk - Cybersecurity ... At least 7 years of experience within the financial services industry * At least 4 years of ...

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Financial Risk Manager information

See Pennsylvania salary details

$51.6K

$111.8K

$170.4K

How much do financial risk manager jobs pay per year?

As of May 28, 2026, the average yearly pay for financial risk manager in Pennsylvania is $111,824.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,200.00 and $129,300.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?

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 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 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 popular job titles related to Financial Risk Manager jobs in Pennsylvania? For Financial Risk Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Pennsylvania look for? The top searched job categories for Financial Risk Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Financial Risk Manager jobs? Cities in Pennsylvania with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Pennsylvania as of May 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, 1% Temporary, and 3% Contract. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution, with an average salary of $111,824 per year, or $53.8 per hour.
Financial Risk Manager

Financial Risk Manager

Deloitte

Philadelphia, PA

Other

Posted 8 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 86 frontline employees who took The Breakroom Quiz

60th of 138 rated financial services


Job description

Financial Services Manager - Financial Risk

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Recruiting for this role ends on 5/31/2026

Work You'll Do

 As a Manager, you will have opportunities to:

  • Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology risks as well as risk mitigation strategies for our clients
  • Understand the impact of key technology trends and workforce changes impacting our clients through engagement with innovative and emergent technologies, including cloud computing, big data and analytics, process automation, artificial intelligence / machine learning, and other digital strategies
  • Manage the development of client deliverables or for internal business needs
  • Serve on workstreams for complex projects, liaise with client counterparts, and actively participate in discussions on project management and work delivery needs
  • Manage project teams in providing recommendations to improve or transform processes to gain efficiencies or scale or reduce risk for our clients
  • Manage internal business development initiatives and sales opportunities, including the creation of external-facing industry perspectives, lead generation materials, or sales proposals
  • Produce quality work products independently and collectively with team members throughout development lifecycle from initial conception to implementation
  • Engage with industry participants on market trends, competitive activities, and topic-specific discussions impacting the industry, potentially including with clients, industry consortiums, or trade groups or committees

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

Candidates will have exceptional records of professional achievement, experience working in a relevant financial services industry sector, and a demonstrated capacity and enthusiasm for self-paced development. Candidates will be expected to motivate others, build constructive relationships with clients and colleagues, and work both independently and as part of a team. Successful candidates will demonstrate an aptitude for complex problem-solving and analytical skills and the ability to communicate complex ideas clearly and persuasively across a variety of strategic, operational, technological, and risk management matters.

Required Qualifications

  • Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • 7+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Strong relationship management skills, particularly the ability to build constructive and productive working relationships with clients and among Deloitte practitioners
  • Experience with business transformation, regulatory remediation or change management initiatives as a result of strategic, regulatory, risk-related, technological, or operational evolutions
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Strong project / program management skills, particularly possessing a strong work ethic, a commitment to excellence in work product delivery, and the ability to independently manage multiple priorities and deadlines
  • Strong oral and written communication skills, including the ability to lead business proposal development and sales presentations
  • Ability to travel up to 50%, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available

Preferred Qualifications

  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
    • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
    • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
    • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
    • Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
  • Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
  • Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
  • Prior experience in risk management role or at a U.S. banking regulator.
  • Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, processes, and controls.
  • Hands-on ability to analyze/model data using common languages/tools (Python, R, SAS, SQL).
  • Experience supporting or implementing systems (trading, operations, lending, core banking, compliance, risk/case management, or data management)
  • Familiarity with topics such as process design or mapping, workflow development, data management or migration, or analytics/visualization
  • Experience with user acceptance testing, system configuration, monitoring, or issue resolution
  • Ability to translate risk or regulatory requirements into actionable user stories or business needs
  • Advanced proficiency in Microsoft Office (PowerPoint, Excel, Visio)

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $144200 to $265600

Qualifications:

Financial Services Manager - Financial Risk

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Recruiting for this role ends on 5/31/2026

Work You'll Do

 As a Manager, you will have opportunities to:

  • Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology risks as well as risk mitigation strategies for our clients
  • Understand the impact of key technology trends and workforce changes impacting our clients through engagement with innovative and emergent technologies, including cloud computing, big data and analytics, process automation, artificial intelligence / machine learning, and other digital strategies
  • Manage the development of client deliverables or for internal business needs
  • Serve on workstreams for complex projects, liaise with client counterparts, and actively participate in discussions on project management and work delivery needs
  • Manage project teams in providing recommendations to improve or transform processes to gain efficiencies or scale or reduce risk for our clients
  • Manage internal business development initiatives and sales opportunities, including the creation of external-facing industry perspectives, lead generation materials, or sales proposals
  • Produce quality work products independently and collectively with team members throughout development lifecycle from initial conception to implementation
  • Engage with industry participants on market trends, competitive activities, and topic-specific discussions impacting the industry, potentially including with clients, industry consortiums, or trade groups or committees

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

Candidates will have exceptional records of professional achievement, experience working in a relevant financial services industry sector, and a demonstrated capacity and enthusiasm for self-paced development. Candidates will be expected to motivate others, build constructive relationships with clients and colleagues, and work both independently and as part of a team. Successful candidates will demonstrate an aptitude for complex problem-solving and analytical skills and the ability to communicate complex ideas clearly and persuasively across a variety of strategic, operational, technological, and risk management matters.

Required Qualifications

  • Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • 7+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Strong relationship management skills, particularly the ability to build constructive and productive working relationships with clients and among Deloitte practitioners
  • Experience with business transformation, regulatory remediation or change management initiatives as a result of strategic, regulatory, risk-related, technological, or operational evolutions
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Strong project / program management skills, particularly possessing a strong work ethic, a commitment to excellence in work product delivery, and the ability to independently manage multiple priorities and deadlines
  • Strong oral and written communication skills, including the ability to lead business proposal development and sales presentations
  • Ability to travel up to 50%, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available

Preferred Qualifications

  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
    • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
    • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
    • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
    • Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
  • Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
  • Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
  • Prior experience in risk management role or at a U.S. banking regulator.
  • Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, p...

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