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Financial Risk Manager Jobs in Albuquerque, NM (NOW HIRING)

... financial information.Perform other tasks as needed.Contribute to an inclusive environment by ... Manage work through effective organization, planning, and prioritization.

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How much do financial risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for financial risk manager in Albuquerque, NM is $108,134.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 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 job categories do people searching Financial Risk Manager jobs in Albuquerque, NM look for? The top searched job categories for Financial Risk Manager jobs in Albuquerque, NM are:
Senior Manager, Retirement Investments & Financial Assurance, Hybrid

Senior Manager, Retirement Investments & Financial Assurance, Hybrid

Sandia

Albuquerque, NM • On-site

$163K - $278K/yr

Full-time

Medical, Retirement, PTO

Posted 13 days ago


Job description

About Sandia
Sandia National Laboratories is the nation's premier science and engineering lab for national security and technology innovation, with teams of specialists focused on cutting-edge work in a broad array of areas. Some of the main reasons we love our jobs:
  • Challenging work with amazing impact that contributes to security, peace, and freedom worldwide
  • Extraordinary co-workers
  • Some of the best tools, equipment, and research facilities in the world
  • Career advancement and enrichment opportunities
  • Flexible work arrangements for many positions include 9/80 (work 80 hours every two weeks, with every other Friday off) and 4/10 (work 4 ten-hour days each week) compressed workweeks, part-time work, and telecommuting (a mix of onsite work and working from home)
  • Generous vacation, strong medical and other benefits, competitive 401k, learning opportunities, relocation assistance and amenities aimed at creating a solid work/life balance*

World-changing technologies. Life-changing careers. Learn more about Sandia at: http://www.sandia.gov
*These benefits vary by job classification.
What Your Job Will Be Like
The Senior Manager leads strategic oversight of Sandia National Laboratories' retirement investment programs and financial assurance functions. This role is responsible for ensuring the long term financial health, regulatory compliance, and operational excellence of Sandia's pension and 401(k) plans. The position also oversees corporate risk insurance, enterprise financial risk management, property management, quality assurance, and travel/event management activities' key enablers of mission success across the Laboratories.
This leader partners closely with executive leadership, the Board of Directors, the Investment Committee, regulatory bodies, government auditors and external investment managers. The role requires a strong strategic mindset, deep investment and fiduciary expertise, and the ability to lead high performing teams across diverse financial functions.
Key Responsibilities:
  • Retirement Investment & Plan Oversight
    • Lead investment strategy, governance, and performance oversight for Sandia's pension and 401(k) plans.
    • Ensure compliance with ERISA, IRS, DOL, DOE, and other applicable federal and state regulations.
    • Oversee actuarial valuations, benefit finance, plan design, and long-term liability analysis.
    • Manage relationships and contracts with third-party investment managers, advisors, custodians, and recordkeepers.
    • Present complex analyses and strategic recommendations to the Board of Directors and Investment Committee.
    • Anticipate regulatory or market changes and proactively guide plan adjustments.
  • Financial Assurance & Enterprise Risk Management
    • Provide strategic leadership for Sandia's financial assurance framework, ensuring a forward-looking approach to compliance, risk mitigation, and financial stewardship.
    • Lead enterprise financial assurance activities, including internal and external audits, assessments, quality assurance, and continuous compliance improvement.
    • Manage corporate and enterprise risk insurance programs to safeguard organizational assets and minimize exposure.
    • Strengthen internal controls and drive continuous improvement by advancing modern financial technologies; including enhanced data analytics, automation, and AI-enabled tools to improve accuracy, efficiency, and decision making.
    • Provide strategic leadership for government property, travel, and event management functions, ensuring compliant stewardship, mission support, policy alignment, and cost-effective operations.
      The selected applicant can work a combination of onsite and offsite work. The selected applicant must live within a reasonable distance for commuting to the assigned work location when necessary.

Salary Range
$163,700 - $278,000
*Salary range is estimated, and actual salary will be determined after consideration of the selected candidate's experience and qualifications, and application of any approved geographic salary differential.
Qualifications We Require
  • Bachelor's degree in Business, Finance, Accounting, or related field plus 10 or more relevant experience
  • Five or more years of management or leadership experience in investment, financial, or assurance-related functions.
  • Demonstrated experience overseeing large or complex retirement plans, institutional investment portfolios, or comparable fiduciary programs.
  • Strong working knowledge of ERISA, IRS, and DOL regulations, and experience operating within federal contractor, DOE, or other federally regulated compliance environments.
  • Demonstrated knowledge of federal regulatory requirements related to retirement plans, government accounting, financial assurance, and risk management.
  • Experience leading financial audits, assurance programs, quality management processes, or corporate/enterprise financial risk mitigation efforts.
  • Ability to obtain and maintain a DOE Q clearance

Qualifications We Desire
  • Master's degree in Finance, Accounting, Economics, or related field.
  • Five or more years of progressively senior experience in investment management, retirement plan administration, or institutional financial oversight.
  • Chartered Financial Analyst (CFA) or comparable professional credential.
  • Eight or more years of experience in investment management, retirement plan oversight, financial assurance, or institutional financial operations.
  • Eight or more years of management or leadership experience in investment, financial, or assurance-related functions.
  • Experience overseeing large, complex retirement plans or institutional investment programs.
    Experience in highly regulated, federal, or government -sponsored environments.
  • Demonstrated success leading multidisciplinary teams or overseeing multiple operational domains.
  • Ability to clearly communicate complex financial and investment information to executive leadership or Board-level committees.
  • Expert-level understanding of retirement plan design, investment principles, capital markets, and fiduciary duties.
  • Demonstrated ability to operate within formal governance structures, including Board-level reporting and fiduciary oversight.
  • Experience overseeing large or complex institutional investment programs, preferably including multi-billion-dollar pension or defined contribution assets.
  • Proficiency in financial analysis, actuarial concepts, benefit finance, and regulatory frameworks.
  • Experience managing external vendors, contract negotiations, and high-impact financial partnerships.
  • Strong understanding of government accounting principles, Federal Travel Regulations, and quality management systems.
  • Exceptional communication skills with the ability to influence senior leaders and effectively engage diverse stakeholders.
  • Proven ability to lead teams, drive complex initiatives, and deliver high-quality outcomes in a regulated environment.

About Our Team
The Finance & Accounting Center provides enterprise financial leadership and stewardship for Sandia National Laboratories. Guided by the Chief Financial Officer (CFO) and Deputy CFO (DCFO), our organization oversees Sandia's financial strategy, governance, regulatory compliance, and long-term fiscal health. We are a dedicated group of finance and accounting experts who manage the financial resources that flow in and out of the Laboratories. With a focus on empowering leadership with meaningful insight, we deliver accurate, relevant, and actionable financial information that drives mission success and innovation.
The Retirement Investments & Financial Assurance team plays a critical role in this mission by managing Sandia's pension and 401(k) plans, financial assurance programs, corporate and enterprise risk insurance, and key operational compliance functions such as property, travel, and quality assurance. The team is recognized across the Laboratories for its analytical rigor, transparency, and commitment to operational excellence, making it a trusted partner in safeguarding Sandia's financial integrity and long-term sustainability.
Posting Duration
This posting will be open for application submissions for a minimum of three (3) calendar days, including the 'posting date'. Sandia reserves the right to extend the posting date at any time.
Security Clearance
Sandia is required by DOE to conduct a pre-employment drug test and background review that includes checks of personal references, credit, law enforcement records, and employment/education verifications. Applicants for employment need to be able to obtain and maintain a DOE Q-level security clearance, which requires U.S. citizenship. If you hold more than one citizenship (i.e., of the U.S. and another country), your ability to obtain a security clearance may be impacted.
Applicants offered employment with Sandia are subject to a federal background investigation to meet the requirements for access to classified information or matter if the duties of the position require a DOE security clearance. Substance abuse or illegal drug use, falsification of information, criminal activity, serious misconduct or other indicators of untrustworthiness can cause a clearance to be denied or terminated by DOE, resulting in the inability to perform the duties assigned and subsequent termination of employment.
EEO
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status and any other protected class under state or federal law.
NNSA Requirements for MedPEDs
If you have a Medical Portable Electronic Device (MedPED), such as a pacemaker, defibrillator, drug-releasing pump, hearing aids, or diagnostic equipment and other equipment for measuring, monitoring, and recording body functions such as heartbeat and brain waves, if employed by Sandia National Laboratories you may be required to comply with NNSA security requirements for MedPEDs.
If you have a MedPED and you are selected for an on-site interview at Sandia National Laboratories, there may be additional steps necessary to ensure compliance with NNSA security requirements prior to the interview date.