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Financial Risk Manager Jobs in Wisconsin (NOW HIRING)

Escalate high-risk accounts or significant exposure issues to the Vice President of Finance as ... Manage, coach, and develop a team of credit analysts and/or credit & collections professionals

Audit Project Manager - Credit Risk

Milwaukee, WI · On-site

$102K - $134K/yr

Helping the customers and businesses we serve to make better and smarter financial decisions and ... Bancorp's credit risk management activities. This role is designed for an experienced internal ...

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Financial Risk Manager information

See Wisconsin salary details

$52K

$112.6K

$171.6K

How much do financial risk manager jobs pay per year?

As of Jun 21, 2026, the average yearly pay for financial risk manager in Wisconsin is $112,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $130,200.00 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.

How much does a risk manager get paid?

A financial risk manager's salary varies based on experience, location, and industry, but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher salaries, especially in large financial institutions or major financial centers.

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 finance risk manager do?

A financial risk manager identifies, analyzes, and mitigates potential financial risks that could impact an organization, such as market, credit, or operational risks. They use tools like risk assessment models and financial analysis to develop strategies that protect the company's assets and ensure regulatory compliance. Strong analytical skills, knowledge of financial markets, and relevant certifications like FRM or CFA are often required.

What is the salary of risk manager?

The salary of a Financial Risk Manager at JP Morgan typically ranges from $90,000 to $150,000 annually, depending on experience, location, and certifications such as FRM or CFA. Senior risk managers or those in high-cost areas may earn higher compensation, including bonuses and benefits.

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.

Do risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by experience, location, and industry. According to industry reports, median annual salaries range from $80,000 to over $150,000, with senior roles and certifications like FRM or CFA often commanding higher pay. Risk management skills in data analysis and financial modeling are highly valued in this field.
What are popular job titles related to Financial Risk Manager jobs in Wisconsin? For Financial Risk Manager jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Wisconsin look for? The top searched job categories for Financial Risk Manager jobs in Wisconsin are:
What cities in Wisconsin are hiring for Financial Risk Manager jobs? Cities in Wisconsin with the most Financial Risk Manager job openings:

First Line Risk Analyst - Lending Risk

Associatedbank

Stevens Point, WI • On-site

Full-time

Retirement, PTO

Posted 11 days ago


Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Role Summary
As a First Line Risk Analyst, you will help strengthen the bank's risk and control environment by supporting monitoring, testing, and reporting activities across lending operations. In this role, you'll partner with business leaders and risk teams to identify issues, support regulatory readiness, and improve processes that protect both customers and the organization. This is a great opportunity to build expertise in risk management, compliance, and operational controls within a collaborative banking environment.

Key Accountabilities

  • Execute monitoring activities across loan portfolios to ensure compliance with regulatory requirements and internal policies.

  • Perform control testing and process reviews across lending originations, servicing, and default operations.

  • Analyze key risk indicators, including delinquencies, disputes, and complaints, and escalate concerns when needed.

  • Support issue remediation efforts by gathering documentation and tracking corrective actions.

  • Partner with business leaders, compliance teams, and audit partners to maintain a strong control environment.

  • Assist with risk assessments related to new products, services, and system enhancements.

  • Prepare clear and accurate documentation to support audit and regulatory examinations.

  • Contribute to continuous improvement initiatives that strengthen operational effectiveness and risk management practices.

Education & Experience

Required

  • Bachelor's degree in Risk Management, Business, Finance, Data Analytics, or a related field, or equivalent combination of education and experience.

  • 3+ years of experience in Financial Services, Operations, Compliance, Audit, Risk Support, or a related field.

  • Up to 2 years of knowledge of banking products and regulatory requirements.

  • Strong analytical, organizational, and communication skills.

Preferred

  • Experience working with Investor Relations

  • Experience supporting lending operations, control testing, or risk monitoring programs.

  • Familiarity with regulations including TILA, ECOA, RESPA, and FDCPA.

  • Experience working with risk reporting, KRIs, or issue management activities.

Why You'll Love Working Here

Associated Bank offers a collaborative culture where your ideas and contributions matter. You'll have opportunities to grow your career, expand your skills, and work alongside experienced professionals committed to continuous improvement and customer success. Apply today to make an impact.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

  • Retirement savings including both 401(k) and Pension plans.

  • Paid time off to volunteer in your community.

  • Opportunities to connect with others through our diversity-focusedColleague Resource Groups.

  • Competitive salaries with professional development and advancement opportunities.

  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.


The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.


For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.


$56,700.00 - $97,200.00 per year