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

Reinforce professional expectations and InPwr culture through coaching and modeling behavior WIP, Financials, & Risk Management * Own WIP preparation for assigned projects, ensuring PMs are providing ...

Prepare and present credit risk reports and accounts receivable aging reports to management ... Support financial projects and initiatives as assigned by the supervisor, contributing to cross ...

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Financial Risk Manager information

See Indianapolis, IN salary details

$49.2K

$106.6K

$162.5K

How much do financial risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for financial risk manager in Indianapolis, IN is $106,633.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,000.00 and $123,300.00 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 job categories do people searching Financial Risk Manager jobs in Indianapolis, IN look for?

The top searched job categories for Financial Risk Manager jobs in Indianapolis, IN are:

What cities near Indianapolis, IN are hiring for Financial Risk Manager jobs?

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

Infographic showing various Financial Risk Manager job openings in Indianapolis, IN as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $106,633 per year, or $51.3 per hour.

Area Operations Manager - Data Centers

Flatiron Construction Corp

Indianapolis, IN

$290K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 10 days ago


Job description

Overview

Are you a strategic leader with a passion for operational excellence? As an Area Operations Manager for Data Centers, you will be responsible for leading and delivering multiple large-scale data center civil infrastructure projects across multiple geographic areas. This role oversees site development, earthwork, concrete, underground utilities, paving, and associated civil scopes, typically delivered through joint ventures or partnerships with a vertical data center builder. You will play a crucial role in the planning and execution of these projects, ensuring that they meet and exceed financial and scheduling targets.

Collaborate with industry experts and committed teams to deliver successful results while maintaining the highest safety standards.

Apply now and transform your career with us.

What you will be doing
  • Builds a strong relationship with each project Owner and maintains a positive relationship through partnering and regular Owner communication, including Owners, Owner's Representatives, and joint-venture partners on data center programs.
  • Coordinates with local leadership, project teams, and human resources to ensure all projects are properly staffed.
  • Knows each contract and is steadfast in ensuring notices, change orders, disputes, and claims are actively managed.
  • Reviews and monitors each project schedule monthly and ensures compliance with Company and contract schedule requirements, including coordination with vertical construction milestones.
  • Knows quantities, cost, and budgets for each project and reviews performance monthly to ensure profitability.
  • Always looks for ways to maximize opportunities and minimize risk.
  • Has a deep understanding of company financial reporting policies, procedures, and process and conducts monthly financial review meetings with every project; ensures billing requests are submitted accurately and never misses a monthly billing cycle.
  • Understands each project's schedule of values and manages them in a proactive manner.
  • Ensures change orders or other payment mechanisms are in place before work starts.
  • Evaluates project activities to determine compliance with government regulatory agencies and coordinates with agencies for permitting regulations.
  • Participates in the procurement process of subcontractors and vendors.
  • Coordinates Company support through active and regular engagement with various corporate departments including safety, finance, project controls, equipment, construction engineering, technical services, design management, and human resources.
What we are looking for
  • 15+ years' experience in heavy civil construction required.
  • 10+ years' experience managing construction teams required.
  • Bachelor's Degree a plus.
  • Managing heavy civil, site development or greenfield industrial/mission critical projects, construction, business and financial risk management experience required.
  • Safety Trained Supervisor (STS) certification preferred.
  • Expert knowledge of complex construction means and methods, specifically related to heavy civil and infrastructure work.
  • Proven knowledge and ability to manage claims process and negotiate with Owners representatives regarding project issues.
  • Proven skill and ability to lead multiple teams from different functions towards a common goal.
  • Comprehensive understanding of and support for corporate policies and procedures.
  • Ability to identify top talent and implement growth opportunities and trainings.
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 $220,000.00/Yr.Salary MaxUSD $290,000.00/Yr.Vehicle ProgramPersonal Vehicle Allowance Tier III: $1,150 USD/monthEmployment Type: OTHER