ZipRecruiter

Log In

1

Financial Risk Manager Jobs in Durham, NC (NOW HIRING)

next page

Showing results 1-20

All JobsFinancial Risk JobsFinancial Risk Manager JobsFinancial Risk Manager Jobs in Durham, NC

Financial Risk Manager information

See Durham, NC salary details

$49.7K

$107.7K

$164.1K

How much do financial risk manager jobs pay per year?

As of Jun 16, 2026, the average yearly pay for financial risk manager in Durham, NC is $107,704.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,900.00 and $124,500.00 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 Durham, NC look for? The top searched job categories for Financial Risk Manager jobs in Durham, NC are:
What cities near Durham, NC are hiring for Financial Risk Manager jobs? Cities near Durham, NC with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Federal Compliance & Risk Manager

Federal Compliance & Risk Manager

Flatiron Construction Corp

Raleigh, NC • On-site

$160K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

Overview

Are you a strategic leader with a passion for driving project success? The Federal Project Controls and Compliance Manager ensures that government projects adhere strictly to FAR, DFARS, Davis-Bacon, and safety regulations to mitigate legal, financial, and reputational risks. They oversee contract lifecycles, manage internal controls, monitor subcontractors, and prepare for audits. Key duties include documenting compliance, managing risk, and ensuring project, safety, and labor adherence. 

Apply now and transform your career with us. 

What you will be doing
  • Review and manage contracts (prime and subcontracts) to ensure adherence to FAR (Federal Acquisition Regulations), DFARS (Defense Federal Acquisition Regulation Supplement), and agency-specific requirements (e.g., USACE).
  • Oversees cost controls reporting and reconciliation for Federal  District or Mega Project, providing reports to the Project Controls Director for Division-level summaries. 
  • Manages the scheduling process and support for Federal  District or Mega Projects, including bid phase, project schedule creation, monthly reporting, and schedule updates. 
  • Enforce compliance with the Davis-Bacon Act (prevailing wages), Certified Payroll, and EEO (Equal Employment Opportunity) standards.
  • Conducts regular Federal  project reviews and monitors job cost reports against key performance indicators (KPIs). 
  • Coordinates with the Division Claims/Contract Manager to track and monitor change order and claims preparation and resolution. 
  • Establish and monitor internal control frameworks (accounting, procurement, project management) to support DCAA audits and internal reviews
  • Monitors and controls project cash flow by tracking over/under billing. 
  • Assists with resource and cost loading to the schedule, including labor projections, equipment and material projections, and productivity trend reporting to accurately forecast project costs and financial outcomes. 
  • Assists with project closeout procedures by validating final revenue prior to final bill submission. 
What we are looking for
  • Bachelor's degree in engineering or related field required.
  • 7+ years' experience in Federal contracting, construction project management, or legal compliance.
  • Experience with Federal  complex scheduling and cost control processes required.
  • Knowledge of construction contract agreements and change order processes required.
  • Deep understanding of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and OSHA safety regulatioAble to identify cost reduction strategies in schedule, quantities or contract specifications that align with project budget and design specification requirements.
Why work for us

Some of the benefits you may be eligible for as an employee are:

  • Comprehensive compensation package and paid time off program
  • Industry leading 401(k)/RRSP
  • Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
  • Wellness benefits & Employee Assistance Program
  • Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.

Salary MinUSD $130,000.00/Yr.Salary MaxUSD $160,000.00/Yr.Employment Type: OTHER

Apply