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Financial Risk Manager Jobs in Virginia (NOW HIRING)

Risk Manager

Virginia Beach, VA ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Risk Manager Responsible for the facility/division's risk management activities, which include coordinating insurance coverage and risk financing, managing claims against the division/facility ...

This role sits at the center of Freddie Mac's enterprise financial risk oversight, shaping how the company anticipates, measures, and manages Single-Family (SF) credit risk across the economic cycle.

This role sits at the center of Freddie Mac's enterprise financial risk oversight, shaping how the company anticipates, measures, and manages Single-Family (SF) credit risk across the economic cycle.

Risk Manager, Senior

Arlington, VA ยท On-site

  • Retirement

  • PTO

Risk Manager, Senior Category: Leadership and Management Roles Main location: United States ... Conduct in-depth risk evaluations to identify potential financial, operational, compliance, safety ...

Showing results 21-40

Financial Risk Manager information

See Virginia salary details

$51.1K

$110.6K

$168.5K

How much do financial risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for financial risk manager in Virginia is $110,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,200.00 and $127,900.00 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 Virginia?

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

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

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

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

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

Infographic showing various Financial Risk Manager job openings in Virginia as of August 2026, with employment types broken down into 80% Full Time, 19% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $110,599 per year, or $53.2 per hour.

Manager Risk Management - Product Operations: Platform Ops

Socket.dev

Richmond, VA โ€ข On-site

$138 - $173/hr

Other

Posted 2 days ago

New


Job description

Manager Risk Management - Product Operations: Platform Ops

Do you like working in the spotlight? Are you ready to work on the front line of a top 10 Bank? Can you build relationships as well as develop and implement innovative solutions? As a Risk Manager at Capital One youโ€™ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Risk Managers at Capital One are the front line of defense to ensure our Company remains stable and profitable.

As a Platform Ops Risk Manager in Capital Oneโ€™s Customer Servicing Strategy team, you will apply your risk, project, process management, analytical and technical skills to our highest profile multiโ€‘tenancy platforms and projects. Platform Ops Risk Managers partner with Product/Technology leaders, along with their business and operations teams, to Obsess about wellโ€‘managed customer usage of our platforms: Identifying potential risks, designing well managed processes & technical solutions, as well as mitigate and control risks in an open, collaborative environment..

As a member of the Card division's first line of defense, you will be instrumental in identifying, assessing, and reporting risks, as well as challenge the existing technology processes, capabilities, and platforms. This includes, but is not limited to, multiโ€‘tenancy risks, new design builds for platform enhancements, automated tools, and improved processes aimed at better serving both agents and customers. Given the demanding and highโ€‘visibility nature of this role, the ideal candidate will possess a demonstrated ability to work autonomously in a fastโ€‘paced environment, contribute immediately, and collaborate effectively with others to develop and achieve shared objectives.

Key responsibilities:
  • Platform Risk Subject Matter Expertise: Using a risk management lens, serve as a subject matter expert with technology platforms, ensuring the alignment of new features and enhancements with the organizationโ€™s and users risk appetite, internal governance and tenancy needs.
  • Influence Technology Changes: Evaluate and influence technology changes and change management processes to effectively identify, assess, and communicate technology and compliance risks.
  • Crossโ€‘Divisional Collaboration: Advance continued enhancements with extensive collaboration with both crossโ€‘functional stakeholders, including product, users, compliance, legal, information technology, and audit teams.
  • Technology Change Risk Oversight: Identify and provide oversight of technology change risk, offering constructive challenge and providing strategic recommendations and prioritization input.
  • Documentation and Reporting: Author and revise comprehensive documentation, including policies, procedures, and controls, and prepare assessments and reports for presentation to senior leadership and stakeholders.
Hereโ€™s what we are looking for in an ideal teammate:
  • You are a critical thinker who seeks to understand the technology, business usage, its processes, risks and overall control environment
  • You thrive in gray space, adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, seek understanding, and challenge conventional thinking.
  • You build strong partner relationships: creating energy and an environment that fosters trust, collaboration, and belonging
  • You possess excellent written and oral communication skills
Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in Risk Management, Project Management, Process Management, Compliance or Audit
  • At least 3 years of experience supporting, partnering and interacting with internal business clients
  • At least 2 years of experience interacting with internal audit, federal regulators, or government agencies
Preferred Qualifications:
  • Masters Degree or MBA
  • 5+ years of experience in Risk Management, Project/Process Management, Compliance or Audit
  • 3+ years of process or Project Management or related experience leading cross functional projects and programs
  • Risk Management Certifications [Certified Risk Management Assurance (CRMA), Certified Risk Management Professional (CRMP), Certified Regulatory Compliance Manager (CRCM), Certified Financial Risk Manager (FRM)]

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum fullโ€‘time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for partโ€‘time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $151,900 - $173,400 for Risk Manager

Richmond, VA: $138,100 - $157,700 for Risk Manager

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidateโ€™s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total wellโ€‘being. Learn more at the Capital One Careers website. Eligibility varies based on full or partโ€‘time status, exempt or nonโ€‘exempt status, and management level.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to nonโ€‘discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drugโ€‘free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23โ€‘A of the New York Correction Law; Sanโ€ฏFrancisco, California Police Code Articleโ€ฏ49, Sectionsโ€ฏ4901โ€‘4920; Newโ€ฏYorkโ€ฏCityโ€™s Fair Chance Act; Philadelphiaโ€™s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

This role is expected to accept applications for a minimum of 5 business days.

Capital One does not provide, endorse nor guarantee and is not liable for thirdโ€‘party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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