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

... in financial risk management and regulatory compliance - Managing financial transformation projects with SAP solutions - Leveraging analytical thinking to improve business processes - Embracing ...

... risk portfolio management preferred - Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business - Broad ...

Extensive data analytics experience in fraud analytics, fraud prevention, risk management, financial services, cybersecurity, or a related field, and experience translating findings into business ...

Oversee balance sheet strategy, asset/liability management, liquidity, funding, interest rate risk, and net interest margin optimization. * Ensure accurate, timely, and compliant financial reporting ...

Showing results 41-60

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 6, 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 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.

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 Financial Risk Manager (FRM) designation. The role often demands analytical skills, experience with risk assessment tools, and a good understanding of financial markets, making it a challenging but attainable career path for those with the right education and skills.

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?

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.

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 salaries often range from $80,000 to over $150,000, with higher earnings possible for senior roles and those with professional certifications like FRM or CFA.

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.

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, and typically involves a demanding schedule with high responsibility.
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:
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.

Director of Clinical Risk

Advocate Aurora Health

Milwaukee, WI • On-site

$68.20 - $102.30/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 28 days ago


Advocate Aurora Health rating

7.6

Company rating: 7.6 out of 10

Based on 775 frontline employees who took The Breakroom Quiz

188th of 887 rated healthcare providers


Job description

Department:
11204 Enterprise Corporate - Risk Management
Status:
Full time
Benefits Eligible:
Yes
Hours Per Week:
40
Schedule Details/Additional Information:
Typically full time day shift but will be expected to take overnight, holiday, and weekend calls on occasion.
Pay Range:
$68.20 - $102.30
Major Responsibilities:
  • Directs and monitors the Risk Management Program and all of its data platforms to align with industry standards and ensure patient safety and quality of care.
  • Partners with operational, site, and system executive and medical staff leadership to further risk reduction and patient safety objectives. Keeps appropriate management and leadership informed of region and site-based issues; coordinates communication to site from system.
  • Partners with senior and executive and medical staff leadership to identify and facilitate development and implementation of risk reduction measures in all areas of healthcare operations.
  • Directs and coordinates health outcomes, risk identification, loss prevention, and claims management to support patient care quality and address potential financial, physical, and reputational risks. Identifies high-risk areas and directs proactive risk assessments and mitigation strategies.
  • Participates in site and system-level safety meetings and weekly risk huddles.
  • Participates in strategizing the educational needs of the sites and system and identifying content experts and speakers to ensure quality content.
  • Designs and directs the work of the assigned area(s) of responsibility. Selects, coaches, and develops teams, setting objectives that align with organizational strategy to inspire and motivate the teams. Manages organizational talent through performance management, succession planning, and development. Designs and directs processes by which team and individual performance are recognized, feedback is consistently delivered, and performance is systematically improved.
  • Develops and/or recommends operating and capital budgets and controls expenditures within approved budget objectives.
  • Responsible for understanding and adhering to the organization's Code of Ethical Conduct and for ensuring that people actions, and the actions of employees supervised, comply with the policies, regulations, and laws applicable to the organization's business

Licensure, Registration, and/or Certification Required:
  • Certified Professional in Patient Safety (CPPS) designation issued by the Certification Board for Professionals in Patient Safety (CBPPS) needs to be obtained within 1 year, or
  • Certified Professional in Health Care Risk Management designation issued by the American Hospital Association (AHA) needs to be obtained within 1 year, or
  • Similar license or certification.

Experience Required:
  • Bachelor's degree in healthcare administration or related field required.

Work Experience Required:
  • Typically requires 7 years of experience in a system healthcare setting, experience with risk management, healthcare law, patient safety and quality that includes 3 years of management experience with projects, staff, budgets and/or multiple risk management functions.

Knowledge, Skills & Abilities Required:
  • Demonstrated ability leading collaborative activities, chairing meetings and making presentations to physicians and executive leadership.
  • Demonstrated ability to work and function in a complex corporate, system environment.
  • Ability to communicate effectively with individuals of diverse backgrounds from all disciplines and levels of the organization. Must be comfortable and able to effectively and compassionately communicate with patients, claimants, and family members regarding difficult topics.
  • Strong decision-making and critical thinking skills.
  • Strong ability to manage multiple teams of people and projects simultaneously.
  • Must be proficient in Microsoft Office (Excel, Access, PowerPoint and Word) or similar products.
  • Demonstrated expertise in statistical/data analysis, data presentation, organizational ability, and attention to detail.
  • Demonstrated ability to draft comprehensive reports and memos regarding all areas pertaining to the Risk function.

Physical Requirements and Working Conditions:
  • Generally exposed to a normal office environment.
  • Operates all equipment necessary to perform the job including computer use.
  • Exposure to road and weather hazards during job-related trips.
  • Must be able to sit, stand, bend, and lift frequently throughout workday.
  • Must be able to walk sufficiently to cover entirety of site/facility.
  • Must have clear speech, hearing and vision.

Preferred Job Requirements
Preferred Education
  • Master's Degree in health care administration of related field preferred.

Preferred Experience
  • Nursing or other clinical knowledge, background, and experience preferred.

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more - so you can live fully at and away from work, including:
Compensation
  • Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
  • Premium pay such as shift, on call, and more based on a teammate's job
  • Incentive pay for select positions
  • Opportunity for annual increases based on performance

Benefits and more
  • Paid Time Off programs
  • Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
  • Flexible Spending Accounts for eligible health care and dependent care expenses
  • Family benefits such as adoption assistance and paid parental leave
  • Defined contribution retirement plans with employer match and other financial wellness programs
  • Educational Assistance Program

Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation's largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.

What Advocate Aurora Health employees say

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About Advocate Health

Sourced by ZipRecruiter

Advocate Healthcare, based in Oak Lawn, Illinois, United States, is a leading figure in the health care industry. Accessible via their official website, 'advocatehealth.com', this organization provides a wide variety of medical services and treatment options. Founded in 1995 through a merger of Evangelical Health Systems Corporation and Lutheran General HealthSystem, Advocate Healthcare has grown exponentially over the years. Now, it operates more than 400 sites of care, including 12 hospitals that encompass 11 acute care hospitals, the state’s largest integrated children’s network, five Level I trauma centers, and three Level II trauma centers. Upholding their values of equality, compassion, excellence, partnership and stewardship, Advocate Healthcare's mission is centered on building lifelong relationships with patients by delivering the best health outcomes and highest level of service through an integrated approach to care and wellness.

Industry

Hospitals and health care and social assistance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US