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Financial Risk Manager Jobs in Rhode Island (NOW HIRING)

Compunnel

Technology Risk Assessor

Smithfield, RI · On-site

Develop and maintain strong partnerships with procurement, risk, finance, and business stakeholders * Ensure compliance with contractual terms and vendor management policies * Participate in ...

Citizens

ETS Risk Analyst II

Johnston, RI · Hybrid

... financial institution. Responsibilities * Partner with Risk Managers to execute the control monitoring and testing program across multiple complex technology and cybersecurity processes.

Citizens Bank

ETS Risk Analyst II

Johnston, RI · On-site

... financial institution. Responsibilities * Partner with Risk Managers to execute the control monitoring and testing program across multiple complex technology and cybersecurity processes.

Citizens

ETS Risk Analyst II

Johnston, RI · Hybrid

... financial institution. Responsibilities * Partner with Risk Managers to execute the control monitoring and testing program across multiple complex technology and cybersecurity processes.

Citizens

ETS Risk Analyst II

Johnston, RI · Hybrid

... financial institution. Responsibilities * Partner with Risk Managers to execute the control monitoring and testing program across multiple complex technology and cybersecurity processes.

Citizens

Third Party Risk Sr Analyst

Johnston, RI · Hybrid

This will include managing relationships with both business leaders and vendors, while providing ... Experience in financial services organization, particularly in Risk, Audit, Compliance, Cyber or ...

Citizens Bank

Third Party Risk Sr Analyst

Johnston, RI · On-site

This will include managing relationships with both business leaders and vendors, while providing ... Experience in financial services organization, particularly in Risk, Audit, Compliance, Cyber or ...

Citizens

Third Party Risk Sr Analyst

Johnston, RI · Hybrid

This will include managing relationships with both business leaders and vendors, while providing ... Experience in financial services organization, particularly in Risk, Audit, Compliance, Cyber or ...

Citizens

Third Party Risk Sr Analyst

Johnston, RI · Hybrid

This will include managing relationships with both business leaders and vendors, while providing ... Experience in financial services organization, particularly in Risk, Audit, Compliance, Cyber or ...

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All JobsFinancial Risk JobsFinancial Risk Manager JobsFinancial Risk Manager Jobs in Rhode Island

Financial Risk Manager information

See Rhode Island salary details

$50.4K

$109.2K

$166.5K

How much do financial risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for financial risk manager in Rhode Island is $109,248.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 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.

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, 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 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 popular job titles related to Financial Risk Manager jobs in Rhode Island? For Financial Risk Manager jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Rhode Island look for? The top searched job categories for Financial Risk Manager jobs in Rhode Island are:
Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Rhode Island as of July 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $109,248 per year, or $52.5 per hour.
Technology Risk Assessor

Technology Risk Assessor

Compunnel

Smithfield, RI • On-site

Contractor

Posted 14 days ago

Job description

Job Summary
The Technology Risk Assessor is responsible for managing and assessing a portfolio of technology vendors, with a focus on vendor risk, performance, and overall value delivery. This role collaborates with cross-functional teams to support vendor strategy, ensure contract compliance, and drive risk mitigation efforts. The position requires strong analytical, communication, and stakeholder management skills to oversee complex vendor relationships and ensure alignment with organizational objectives.
Key Responsibilities
  • Manage and provide oversight for a portfolio of medium-to-high complexity technology vendors
  • Assess vendor performance against contractual obligations, including Service Level Agreements (SLAs), and drive accountability and improvement
  • Identify and implement cost optimization opportunities across the vendor portfolio
  • Support funding processes, including purchase order creation, tracking, reporting, and governance reviews
  • Evaluate and manage vendor risk, including proactive risk mitigation and collaboration with enterprise risk teams
  • Maintain a comprehensive understanding of vendor risk profiles and resolve risk-related issues
  • Develop and maintain strong partnerships with procurement, risk, finance, and business stakeholders
  • Ensure compliance with contractual terms and vendor management policies
  • Participate in procurement activities such as market research, RFPs, RFXs, and vendor negotiations
  • Coordinate and lead vendor business review meetings
  • Analyze complex issues and provide recommendations for resolution
  • Develop and deliver dashboards and scorecards to track vendor performance and key metrics

Required Qualifications
  • Bachelor's degree or equivalent relevant experience
  • 7-10 years of experience in vendor management, procurement, risk management, or related roles
  • Strong experience managing complex vendor relationships and engagements
  • Excellent communication, facilitation, negotiation, and stakeholder management skills
  • Ability to independently manage multiple priorities and deliver results in a timely manner
  • Strong analytical and problem-solving skills
  • Experience with vendor management and procurement processes

Preferred Qualifications
  • Experience working in enterprise technology environments
  • Familiarity with risk management frameworks and compliance standards
  • Experience building and improving vendor management processes and governance models
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About Compunnel

Sourced by ZipRecruiter

Compunnel is a well-known company located in Plainsboro, NJ, US, recognized in the industry of IT Services and Solutions. Established in 1989, Compunnel offers a suite of services that help businesses integrate technology efficiently into their operations, a recognizable name in the IT solutions sphere for over three decades. The company’s service portfolio includes Digital Transformation, Business Intelligence, Cloud Services, Cybersecurity, and Application Modern Services, among others. Guided by its mission "to innovate with industry-leading digital solutions and disruptive tech strategies for unimagining business growth," the company underlines its commitment to offering out-of-the-box solutions to its clients. Remarkable achievements of the company include serving more than 30 Fortune 500 companies and providing job opportunities for over 50,000 individuals.

Industry

It services

Company size

501 - 1,000 Employees

Headquarters location

Plainsboro, NJ, US

Year founded

1994

Social media

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