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Financial Risk Manager Jobs in Clinton, MA (NOW HIRING)

Fallon Health

Contract Manager

Worcester, MA · On-site

$88K - $118K/yr

Manages financial and operational issues related to contractual provider arrangements. Responds to ... Evaluates contractual payment methodologies in order to determine financial risk to insurer and ...

New

Fallon Health

Contract Manager

Worcester, MA · On-site

$88K - $118K/yr

Manages financial and operational issues related to contractual provider arrangements. Responds to ... Evaluates contractual payment methodologies in order to determine financial risk to insurer and ...

New

Fallon Health

Contract Manager

Worcester, MA

$88K - $118K/yr

Manages financial and operational issues related to contractual provider arrangements. Responds to ... Evaluates contractual payment methodologies in order to determine financial risk to insurer and ...

New

Bank of America

MWM Market Executive

Wellesley, MA · On-site

$225K - $300K/yr

... risk across the organization. * People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance. * Financial Steward:

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Financial Risk Manager information

See Clinton, MA salary details

$56.5K

$122.3K

$186.3K

How much do financial risk manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for financial risk manager in Clinton, MA is $122,279.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,600.00 and $141,400.00 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.

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 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 job categories do people searching Financial Risk Manager jobs in Clinton, MA look for? The top searched job categories for Financial Risk Manager jobs in Clinton, MA are:
What cities near Clinton, MA are hiring for Financial Risk Manager jobs? Cities near Clinton, MA with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Sr Director of Treasury and Risk

Sr Director of Treasury and Risk

Ascentria Care Alliance

Worcester, MA • Hybrid

$160K - $190K/hr

Full-time

Posted 25 days ago

Job description

Worcester, MA (Hybrid)

Salary: $160,000 to $190,000

Executive-Level Leadership Opportunity

At Ascentria Care Alliance, every financial decision fuels life-changing programs for children, families, refugees, immigrants, seniors, and communities across New England.

We're searching for a bold, strategic, and mission-driven Senior Director of Treasury & Risk to help steward more than $300 million in annual fund movement while shaping the financial future of an organization that's been changing lives for over 150 years.

Behind every life changed, every family supported, and every community strengthened is a financial strategy that makes it possible.

 This isn’t your typical treasury role!

  • You'll be more than a finance leader
  • You'll be a trusted advisor to the CFO
  • A corporate officer
  • A strategist
  • A builder
  • A problem solver
  • And a leader whose decisions directly support services that help people move forward and thrive.

In this role, you will:

  • Lead enterprise-wide treasury strategy
  • Drive cash forecasting, liquidity management, and investment activities
  • Negotiate banking relationships and financing structures
  • Oversee risk management and insurance programs
  • Guide debt strategy and covenant compliance
  • Lead Accounts Payable and continuous improvement initiatives
  • Develop and mentor a high-performing finance team
  • Influence organizational strategy at the highest levels

Who you are:

  • You thrive in complexity
  • You see around corners
  • You love turning data into decisions
  • You can move seamlessly between boardroom strategy and operational execution
  • And while you appreciate the science of finance, you never lose sight of the people behind the numbers

Ready to lead something bigger than a budget?

  • Join a team where financial stewardship fuels meaningful change
  • Mission-Driven Culture
  • Complex, Strategic Treasury Leadership
  • Impact That Extends Far Beyond Finance
  • Your next chapter could be the one that changes lives

#TreasuryLeadership #FinanceExecutive #Treasurer #RiskManagement #NonprofitLeadership #HealthcareFinance #MissionDriven #FinanceJobs #ExecutiveLeadership #WorcesterMA #CFOLeadership #AscentriaCareAlliance

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