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Financial Risk Manager Jobs in Arcadia, IN (NOW HIRING)

Personal Risk Specialist

Carmel, IN · On-site

$97K/yr

... set of risk management and benefit solutions with bottom-line financial impact. USI ONE ® represents Omni, Network, Enterprise--the three key elements that set USI apart from the competition.

Personal Risk Specialist

Carmel, IN · On-site

$98K/yr

... risk management and benefit solutions with bottom-line financial impact. USI ONE ® represents Omni, Network, Enterprise-the three key elements that set USI apart from the competition. Through USI ...

Showing results 21-40

Financial Risk Manager information

See Arcadia, IN salary details

$48.6K

$105.4K

$160.5K

How much do financial risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for financial risk manager in Arcadia, IN is $105,351.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,000.00 and $121,800.00 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 cities near Arcadia, IN are hiring for Financial Risk Manager jobs?

Cities near Arcadia, IN with the most Financial Risk Manager job openings:

Enterprise Risk Management Intern (Fall)

Group1001

Zionsville, IN • On-site

$17.25 - $22.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 17 days ago


Group1001 rating

9.5

Company rating: 9.5 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

7th of 310 rated insurance


Job description

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.
Why This Role Matters:
This internship offers hands-on experience with Enterprise Risk Management (ERM) frameworks, risk identification and assessment processes, and cross-functional collaboration in a dynamic corporate environment. The ERM Intern will support the risk management team in maintaining and enhancing the organization's risk capabilities - gaining real-world experience directly applicable to careers in risk management, consulting, finance, or corporate strategy. This is an excellent opportunity for motivated students who are eager to understand how leading organizations proactively identify and manage risk. This is a hybrid internship based out of our Zionsville headquarters, with an expected start date during the first week of September and a commitment of approximately 15-20 hours per week.
How You'll Contribute:
  • Support the facilitation of risk assessments, metrics, and data collection with stakeholders.

  • Support the Corporate Insurance Risk Management program.

  • Help maintain and update the risk register, including risk ratings, owners, and mitigation plans.

  • Conduct research on emerging risks (e.g., cybersecurity, geopolitical, and regulatory).

  • Assist in developing risk dashboards, heat maps, and reporting materials for senior management.

  • Support the tracking and monitoring of key risk indicators (KRIs) and risk mitigation action items.

  • Contribute to the development and refinement of ERM policies, procedures, and frameworks.

  • Participate in cross-functional meetings to understand how risk is managed across departments (i.e., IT, Finance, Operations, Legal).

  • Assist with scenario analysis, stress testing, or business continuity planning exercises.

What We're Looking For:
  • Currently enrolled as a junior or senior with strong preference given to students pursuing a bachelor's degree in Risk Management & Insurance. Sophomores studying Risk Management & Insurance with advanced coursework and strong GPAs will be considered. Students from Finance, Business Administration, Economics, Accounting, Data Analytics, or a related field may be considered.

  • Strong analytical and critical thinking skills.

  • Excellent written and verbal communication skills.

  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).

  • Ability to manage multiple tasks, meet deadlines, and work independently.

  • High attention to detail and organizational skills.

  • Genuine interest in enterprise risk management, corporate governance, or compliance.

  • Coursework in risk management, finance, statistics, data analytics, or internal audit.

  • Experience with data visualization tools (e.g., Tableau, Power BI) or GRC platforms.

  • Prior internship or project experience in finance, consulting, audit, or compliance preferred.

  • Minimum GPA of 3.0 or equivalent.

Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company's Employee Assistance Program and wellness programs-no enrollment is required. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
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