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

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and ...

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and ...

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and ...

Market Risk

Boston, MA ยท On-site +1

$82K - $180K/yr

Substantial interaction with traders and other support functions; helping develop risk management ... Master's degree or its equivalent in Financial Mathematics, Statistics, or related quantitative ...

Market Risk

Boston, MA ยท On-site

$82K - $180K/yr

Substantial interaction with traders and other support functions; helping develop risk management ... Master's degree or its equivalent in Financial Mathematics, Statistics, or related quantitative ...

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Financial Risk Manager information

See Lowell, MA salary details

$51.1K

$110.6K

$168.6K

How much do financial risk manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for financial risk manager in Lowell, MA is $110,637.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,300.00 and $127,900.00 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 cities near Lowell, MA are hiring for Financial Risk Manager jobs? Cities near Lowell, MA with the most Financial Risk Manager job openings:
Risk Manager, NPLP Program

Risk Manager, NPLP Program

Brown Brothers Harriman & Co.

Boston, MA โ€ข Hybrid

Full-time

Posted 2 days ago


Job description

At BBH, Partnership is more than a form of ownership-it's our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what's next, this is the right place to build a fulfilling career.

The Enterprise Risk Management (ERM) Risk Manager will manage the Firm's New Product Launch Process (NPLP) program, providing end-to-end oversight of governance, execution, and risk assessment for new initiatives, and provide support for other ERM programs and initiatives. This role partners closely with Lines of Business (LOB), support, and control functions to ensure new products and changes are evaluated thoroughly, risks are appropriately addressed, and decisions are escalated with transparency to senior management and key oversight committees.

Responsibilities

  • Manage and evolve the firm-wide New Product Launch Process (NPLP) program, ensuring a consistent, risk-focused approach to the review and approval of new products, services, and strategic initiatives
  • Drive governance and execution by leading working groups and overseeing the end-to-end review process, including engagement with initiative sponsors and cross-functional stakeholders
  • Partner with senior stakeholders LOB Risk and other control functions to challenge assumptions, assess risks, and ensure initiatives are appropriately vetted, documented, and positioned for approval
  • Oversee NPLP Committee activities, including agenda setting, management of submissions, and delivery of clear, decision-ready materials for leadership review
  • Provide program-level reporting and insights to senior management and Governance, Risk & Compliance Oversight Committee (GRC)
  • Ensure ongoing accountability post-approval, including tracking of conditions, follow-ups, and alignment with NPLP policy requirements
  • Identify and implement process enhancements to improve efficiency, transparency, and effectiveness of the NPLP and broader ERM program
  • Maintain strong connectivity with business activity and pipeline developments to proactively identify and assess emerging initiatives
  • Administer core program to support effective governance, including maintaining the master NPLP tracker, preparing meeting materials, and tracking action items

Qualifications

  • Bachelor's degree or equivalent experience
  • Brown Brothers Harriman (BBH) experience preferred
  • Significant experience in financial services, risk management, or governance-related roles
  • Demonstrated ability to lead complex, cross-functional programs and influence senior stakeholders
  • Strong analytical, problem-solving, and decision-making skills
  • Excellent communication and interpersonal skills, with the ability to synthesize and present complex information clearly
  • Highly organized with strong program management capabilities and attention to detail
  • Collaborative mindset with the ability to drive outcomes across diverse teams

This role is based in our Boston location and is a hybrid role, with a minimum of three days per week in office.

Salary Range

$130k-$180k + annual bonus

BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.


We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn't followed a traditional path, includes alternative experiences, or doesn't meet every qualification or skill listed in the job description, please do go ahead and apply.

About BBH:

Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.

We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development-so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice-creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.

We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often-pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.

Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.