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Financial Risk Manager Jobs in Texas (NOW HIRING)

Turner Construction

Financial Manager

Houston, TX · On-site

Accountable for profit center financial reporting and financial risk management to ensure adherence to company policy and procedure and in accordance with Generally Accepted Accounting Principles ...

Turner Construction

Financial Manager

Houston, TX · On-site

Accountable for profit center financial reporting and financial risk management to ensure adherence to company policy and procedure and in accordance with Generally Accepted Accounting Principles ...

Wise

Operational Risk Manager

Austin, TX · On-site

Strong Excel skills (VLOOKUPs, pivot tables) Operational/Financial Risk Experience * 2-4+ years in operational risk, risk assessments, incident or issues management, or operational controls

Wise

Operational Risk Manager

Austin, TX

Strong Excel skills (VLOOKUPs, pivot tables) Operational/Financial Risk Experience * 2-4+ years in operational risk, risk assessments, incident or issues management, or operational controls

Scotiabank

Manager, Risk Management Audit

Dallas, TX · On-site

Our products include debt and equity financing, mergers & acquisitions, corporate banking ... The Audit Manager contributes to the overall success of the Audit Function in support of the Audit ...

WSP

Senior Risk Manager

Houston, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Bachelor's degree in Engineering, Construction Management, Economics, Finance, or relevant field * 10 years of experience in risk management; construction management; project management; and/or ...

WSP

Senior Risk Manager

Houston, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Bachelor's degree in Engineering, Construction Management, Economics, Finance, or relevant field * 10 years of experience in risk management; construction management; project management; and/or ...

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Financial Risk Manager information

See Texas salary details

$48K

$103.9K

$158.4K

How much do financial risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for financial risk manager in Texas is $103,932.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,800.00 and $120,200.00 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 Texas?

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

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

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

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

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

Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Texas as of August 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $103,932 per year, or $50 per hour.

Project Financial Manager

Turner Construction

Haskell, TX • On-site

Full-time

Posted 9 days ago

Turner Construction rating

7.5

Company rating: 7.5 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

26th of 80 rated construction

Job description

Position Description: Manage Finance, Accounting, and Cost departments and serve as liaison with Turner local profit center projects. Accountable for profit center financial reporting and financial risk management to ensure adherence to company policy and procedure and in accordance with Generally Accepted Accounting Principles (GAAP).

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

Essential Duties & Responsibilities:

  • Create supportive environment to develop high performing finance team, provide professional development opportunities and engage in coaching and mentoring relationships.
  • Lead Finance and other related team members, provide timely performance feedback and contribute to performance appraisals during annual performance cycle utilizing talent management systems.
  • Develop and deliver training to educate staff members regarding related department processes.
  • Provide financial and business decision leadership for core business activities and development of new business opportunities.
  • Work closely with profit center executive team as advisor, counselor and highly valued partner. Collaborate with general manager on execution of business strategies, providing support as necessary for key business decisions. Active participation in monthly Executive VP 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 as a whole.
  • Lead cash management and profit enhancement initiatives.
  • Ensure required bonding and insurance is obtained and maintained as required.
  • Assist Tax department with local municipality tax issues.
  • Oversee billing issuance, collection, and overdue receivables.
  • Manage financial compliance to ensure rigorous and ethical standards of compliance with external requirements (e.g., GAAP, IAS, FARS, ERISA, IRS) and internal company policies (Accounting, Risk Management and Cost).
  • Drive focus on financial risk management and support the development and implementation of policies/procedures, ensure clear and concise communication of standards to internal constituents.
  • Actively promote Turner through involvement in outside organizations.
  • 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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