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Financial Risk Manager Jobs in Phoenix, AZ (NOW HIRING)

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading ... The Director, Business Unit Risk Manager (BURM) is a senior First Line of Defense (FLoD) leader ...

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Financial Risk Manager information

See Phoenix, AZ salary details

$51.1K

$110.8K

$168.8K

How much do financial risk manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for financial risk manager in Phoenix, AZ is $110,765.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,400.00 and $128,100.00 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.

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 are popular job titles related to Financial Risk Manager jobs in Phoenix, AZ? For Financial Risk Manager jobs in Phoenix, AZ, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Phoenix, AZ look for? The top searched job categories for Financial Risk Manager jobs in Phoenix, AZ are:
What cities near Phoenix, AZ are hiring for Financial Risk Manager jobs? Cities near Phoenix, AZ with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Phoenix, AZ as of June 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $110,765 per year, or $53.3 per hour.
QRM - Quality Specialist - ER&I - C_MAT

QRM - Quality Specialist - ER&I - C_MAT

Deloitte

Tempe, AZ

Other

Posted 17 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 86 frontline employees who took The Breakroom Quiz

58th of 138 rated financial services


Job description

The Team

The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation. The Quality Program team sits within QRM and supports delivery quality by providing objective, timely, and actionable feedback to engagement teams and facilitating the identification of systemic quality issues across Industries and Offering Portfolios.

Recruiting for this role ends on 08/01/2026. 

Work you'll do

Quality Specialists support Quality Program oversight activities across Energy, Resources & Industrials (ER&I), with a focus on financial risk inquiry, analyzing and raising visibility to high-risk engagements, and supporting timely escalation of quality concerns. This role works closely with Quality and Risk leaders, Finance Risk Leaders, and other stakeholders to maintain visibility into engagement health, support risk-related discussions, and help ensure quality issues are tracked, communicated, and addressed. Core responsibilities for the role include:

Oversight and Contextual Ownership of Industry Engagements

  • As part of the ER&I Industry Risk team, work in partnership with Account Risk Managers to support the highest risk projects in that industry using all available tools and data
  • Specifically, have an active pulse on all high-risk engagements, equipping the Industry Risk Managers with real-time information
  • Support discussions with the engagement leaders as needed
  • Track, monitor, and escalate early warning indicators identified through Quality processes in DEP (QRM's quality management system), red review calls, and active engagement with industry
  • Work with IRL to orchestrate Industry Updates (in partnership with ET&A) on Cost of Quality (CoQ) data and trends as applicable

Quality Program Operations

  • In partnership with the account Risk Manager, to keep Engagement Status Notes updated for ER&I Industry engagements with the simple facts - the issue and what we are doing to solve
  • Communicate and coordinate back with the Quality Excellence Leader (QEL) and Quality Analytics and Enablement Manager on the biggest issues, equipping them with necessary updates to maintain relationship with Quality and Risk leaders, and to help inform on strategic and analytic initiatives
  • Update DEP with the most relevant output of red review calls and financial status updates from Finance Risk Leaders
  • Own CoQ Root Cause management and continual refinement of categories, in partnership with Risk Manager / Finance
  • Support the design and testing of system and reporting enhancements that will optimize Quality Program operations

Manages bi-directional relationships

  • This role will sit within the ER&I Industry Risk teams and will require tight coordination with QRM Risk Managers. Further, it will necessitate a feedback loop with the QEL and Quality Analytics and Enablement Manager
  • The person should have the ability to understand the dynamic relationships that exist and have a command and control over the information that will need to be shared
  • Serve as the primary QRM liaison with Industry Finance Risk Leaders to understand and socialize escalating financial risks that may impact delivery quality

A successful candidate will possess these skills:

  • Demonstrated project management and organizational skills, including the ability to manage multiple priorities, maintain accurate follow-through, identify issues or risks that may affect timelines or outcomes, and escalate appropriately in a fast-paced environment
  • Strong problem-solving and analytical skills, including the ability to assess situations, gather and synthesize information from multiple sources, identify themes or trends, connect the dots, and support practical recommendations
  • Effective communication and stakeholder management skills, including the ability to clearly articulate objectives, share updates in a timely and concise manner, tailor messages for different audiences, and coordinate effectively across multiple stakeholder groups
  • Sound professional judgment and adaptability, including the ability to operate effectively in a complex, matrixed organization, manage sensitive information with discretion, and adjust quickly as priorities evolve

Qualifications:

Required:

  • 6+ years of quality management, risk management, project management, program management, or engagement oversight
  • BBA/BA/BS in related field
  • Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Masters' Degree in related field a plus

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $95,600 - $188,400.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Qualifications:

The Team

The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation. The Quality Program team sits within QRM and supports delivery quality by providing objective, timely, and actionable feedback to engagement teams and facilitating the identification of systemic quality issues across Industries and Offering Portfolios.

Recruiting for this role ends on 08/01/2026. 

Work you'll do

Quality Specialists support Quality Program oversight activities across Energy, Resources & Industrials (ER&I), with a focus on financial risk inquiry, analyzing and raising visibility to high-risk engagements, and supporting timely escalation of quality concerns. This role works closely with Quality and Risk leaders, Finance Risk Leaders, and other stakeholders to maintain visibility into engagement health, support risk-related discussions, and help ensure quality issues are tracked, communicated, and addressed. Core responsibilities for the role include:

Oversight and Contextual Ownership of Industry Engagements

  • As part of the ER&I Industry Risk team, work in partnership with Account Risk Managers to support the highest risk projects in that industry using all available tools and data
  • Specifically, have an active pulse on all high-risk engagements, equipping the Industry Risk Managers with real-time information
  • Support discussions with the engagement leaders as needed
  • Track, monitor, and escalate early warning indicators identified through Quality processes in DEP (QRM's quality management system), red review calls, and active engagement with industry
  • Work with IRL to orchestrate Industry Updates (in partnership with ET&A) on Cost of Quality (CoQ) data and trends as applicable

Quality Program Operations

  • In partnership with the account Risk Manager, to keep Engagement Status Notes updated for ER&I Industry engagements with the simple facts - the issue and what we are doing to solve
  • Communicate and coordinate back with the Quality Excellence Leader (QEL) and Quality Analytics and Enablement Manager on the biggest issues, equipping them with necessary updates to maintain relationship with Quality and Risk leaders, and to help inform on strategic and analytic initiatives
  • Update DEP with the most relevant output of red review calls and financial status updates from Finance Risk Leaders
  • Own CoQ Root Cause management and continual refinement of categories, in partnership with Risk Manager / Finance
  • Support the design and testing of system and reporting enhancements that will optimize Quality Program operations

Manages bi-directional relationships

  • This role will sit within the ER&I Industry Risk teams and will require tight coordination with QRM Risk Managers. Further, it will necessitate a feedback loop with the QEL and Quality Analytics and Enablement Manager
  • The person should have the ability to understand the dynamic relationships that exist and have a command and control over the information that will need to be shared
  • Serve as the primary QRM liaison with Industry Finance Risk Leaders to understand and socialize escalating financial risks that may impact delivery quality

A successful candidate will possess these skills:

  • Demonstrated project management and organizational skills, including the ability to manage multiple priorities, maintain accurate follow-through, identify issues or risks that may affect timelines or outcomes, and escalate appropriately in a fast-paced environment
  • Strong problem-solving and analytical skills, including the ability to assess situations, gather and synthesize information from multiple sources, identify themes or trends, connect the dots, and support practical recommendations
  • Effective communication and stakeholder management skills, including the ability to clearly articulate objectives, share updates in a timely and concise manner, tailor messages for different audiences, and coordinate effectively across multiple stakeholder groups
  • Sound professional judgment and adaptability, including the ability to operate effectively in a complex, matrixed organization, manage sensitive information with discretion, and adjust quickly as priorities evolve

Qualifications:

Required:

  • 6+ years of quality management, risk management, project management, program management, or engagement oversight
  • BBA/BA/BS in related field
  • Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Masters' Degree in related field a plus

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $95,600 - $188,400.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Education:Bachelor's DegreeEmployment Type:

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