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Financial Risk Manager Jobs in Milwaukee, WI (NOW HIRING)

WEC Energy Group

Intern - Financial Risk

Milwaukee, WI

$21.30/hr

Support Risk Manager and Risk Analyst in managing a sophisticated risk management department ... Risk Financing Techniques End Date: 11/15/2026 Pay Range Minimum : $21.30 Pay Range Maximum : $24 ...

New

A. O. Smith Corp.

Treasurer

Milwaukee, WI · On-site

$150 - $210/hr

Financial Risk Management, Insurance & Governance * Lead foreign exchange, interest rate, and other financial risk management programs. * Develop and execute appropriate hedging and risk mitigation ...

A. O. Smith Corporation

Treasurer

Milwaukee, WI · On-site

Financial Risk Management, Insurance & Governance * Lead foreign exchange, interest rate, and other financial risk management programs. * Develop and execute appropriate hedging and risk mitigation ...

A.O. Smith

Treasurer

Milwaukee, WI · On-site

Financial Risk Management, Insurance & Governance * Lead foreign exchange, interest rate, and other financial risk management programs. * Develop and execute appropriate hedging and risk mitigation ...

A. O. Smith Corporation

Treasurer

Milwaukee, WI · On-site

Financial Risk Management, Insurance & Governance * Lead foreign exchange, interest rate, and other financial risk management programs. * Develop and execute appropriate hedging and risk mitigation ...

WRTP|BIG STEP

Finance Director

Milwaukee, WI · On-site

$85 - $95/hr

Advises executive leadership and the Board on financial planning, performance, and risk management. * Translates financial data into actionable insights to support strategic decision-making across ...

WRTP|BIG STEP

Finance Director

Milwaukee, WI

Advises executive leadership and the Board on financial planning, performance, and risk management. * Translates financial data into actionable insights to support strategic decision-making across ...

Socket.dev

Chief Financial Officer

Waukesha, WI · On-site

$180 - $260/hr

The CFO leads Financial Services and is responsible for financial planning, accounting and reporting, treasury and investment management, budgeting, audit oversight, risk management, legal ...

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Financial Risk Manager information

See Milwaukee, WI salary details

$50.7K

$109.9K

$167.5K

How much do financial risk manager jobs pay per year?

As of Aug 28, 2026, the average yearly pay for financial risk manager in Milwaukee, WI is $109,910.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,700.00 and $127,100.00 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 are popular job titles related to Financial Risk Manager jobs in Milwaukee, WI?

For Financial Risk Manager jobs in Milwaukee, WI, the most frequently searched job titles are:

What job categories do people searching Financial Risk Manager jobs in Milwaukee, WI look for?

The top searched job categories for Financial Risk Manager jobs in Milwaukee, WI are:

What cities near Milwaukee, WI are hiring for Financial Risk Manager jobs?

Cities near Milwaukee, WI with the most Financial Risk Manager job openings:

Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Milwaukee, WI as of August 2026, with employment types broken down into 75% Full Time, and 25% Part Time. Highlights an 100% In-person job distribution, with an average salary of $109,910 per year, or $52.8 per hour.

Intern - Financial Risk

Milwaukee, WI

WEC Energy Group
Utilities • 5 - 10K employees

8.1

Company rating: 8.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

People enjoy working here

Good employer

Good schedule notice

Learn more about WEC Energy Groupexternal

$21.30/hr

Full-time, Internship

Posted 3 days ago

New

Job description

WEC Business Services LLC, a subsidiary of WEC Energy Group, is seeking a Intern - Financial Risk in our Milwaukee, Wisconsin location. This internship is full-time during the Summer of 2027. The hourly rate for this internship is $21.30 with paid company holidays.   

About Us

WEC Energy Group is one of the nation's largest electric generation and distribution and natural gas delivery holding companies serving 4.7 million customers across the Midwest. We are committed to providing clean, reliable, and affordable energy in an environmentally sustainable manner. Customers are the heart of our business, and we work every day to help grow and support communities where we provide vital energy services.

As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters. We don't just offer a job; we provide fulfilling careers where safety and well-being are paramount. Join our team and experience first-hand our commitment to your success. We offer competitive pay and benefits to recognize your hard work and dedication.

If you're talented, energetic and ready for a career with a future, we want you on our team. We are powered by a diverse and inclusive workforce fueled by the pride in what we do. If you're driven by the passion to change lives, this is the place for you.

Job Summary

We employ students for summer and year-round opportunities to help the treasury department manage the financial risk for WEC Energy Group. WEC is searching for an intern to support the insurance and financial risk functions in the treasury department. Students work with experienced members of this teams.

Job Responsibilities
  • Support Risk Manager and Risk Analyst in managing a sophisticated risk management department
  • Support the information collection and submittal process for insurance renewals
  • Participate in renewal meetings with brokers and insurance carriers
  • Review compliance with insurance provisions for state mandated programs
  • Participate in contract reviews to ensure appropriate insurance provisions are provided
  • Provide Certificates of Insurance and Self Insurance letters internally and externally
  • Support large corporate claims settlements
  • Monitoring Letters of Credits provided by Gas counterparties
  • Information gathering for quarterly credit memos
  • Other tasks as needed

This opportunity will allow you to develop skills and experience in a Fortune 500 Treasury and Insurance Risk Management department including the thought process behind insurance decisions as well as the day to day tasks this department handles.

Minimum Qualifications
  • High School Diploma, GED, or HSED
  • Current pursuit of a Bachelor's or Master's degree in Finance, Business Administration, or closely related degree with a graduation date after June 2027. 
  • Minimum GPA of 2.8
Preferred Qualifications

Cirriculum in one or more of the following:

  • Principals of Risk Management
  • Commercial Insurance
  • Property Insurance
  • Liability Insurance
  • Risk Financing Techniques

End Date: 11/15/2026 

Pay Range Minimum: $21.30

Pay Range Maximum: $24.60

The pay range reflects the minimum and maximum for the position at the time of posting and may be modified in the future. The starting salary/pay within the pay range will be based on several factors, as applicable, but not limited to, relevant education, qualifications, certifications, experience, skills, geographic location, shift, travel requirements, collective bargaining agreements, and business and organizational needs.  At WEC Energy Group, it is not typical for an individual to be hired at or near the top of the range for their role.

WEC Energy Group benefits

We reserve the right to modify the application deadline or discontinue accepting applications for any position if deemed necessary. Applications will be reviewed on a rolling basis, with interviews commencing after submission for qualified candidates. 
Learn more at Careers

WEC Energy Group will only employ those who are legally authorized to work in the United States. Individuals with temporary visas such as E, F-1 with OPT or CPT, H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.

WEC Energy Group and its subsidiaries are Equal Opportunity Employers. As a result, all qualified applicants will receive equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected status. The Company also complies with all applicable federal, state and local laws that require it to take affirmative action.
 

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