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Financial Risk Manager Jobs in Plano, TX (NOW HIRING)

OxyChem

OxyChem Insurance Risk Manager

Dallas, TX · On-site

Manage the preparation, distribution, and tracking of financial responsibility documents. * Compile the Risk Management department's annual report. * Review insurance policies and other Risk ...

Scotiabank

Manager, Risk Management Audit

Dallas, TX · On-site

$90 - $130/hr

Strong knowledge of risk management functions, specifically financial risk (e.g., liquidity/treasury, market, counterparty credit risk) and related non-financial risk (e.g., model, operational) and ...

Regional Finance

Manager Credit Risk

Plano, TX · On-site

As we continue to expand and grow into a national leader in consumer financing, we invite you to ... Job purpose The Manager, Credit Risk is responsible for performance analysis, operational reporting ...

Regional Finance

Manager Credit Risk

Plano, TX

As we continue to expand and grow into a national leader in consumer financing, we invite you to ... Job purpose The Manager, Credit Risk is responsible for performance analysis, operational reporting ...

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Financial Risk Manager information

See Plano, TX salary details

$49.6K

$107.4K

$163.7K

How much do financial risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for financial risk manager in Plano, TX is $107,407.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,700.00 and $124,200.00 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.
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Financial Risk Manager jobs near you

OxyChem Insurance Risk Manager

OxyChem

Dallas, TX • On-site

Full-time

Re-posted 5 days ago

Job description

At OxyChem, our chemistry makes modern life possible, and it is our people who make the difference. We are a safety-first, purpose-driven team committed to innovation, environmental responsibility, and doing things the right way. If you are ready to contribute, elevate your skills, and take ownership of your career, OxyChem offers the opportunity to make a difference every day.
OxyChem, a Berkshire Hathaway company, is a leading producer of essential chemistry with operations in the U.S., Canada and Latin America. OxyChem's products play an essential role in everyday life, supporting critical applications in water treatment, pharmaceuticals, healthcare, manufacturing, automotive, personal hygiene, and residential and commercial construction. OxyChem actively participates in the Occupational Safety and Health Administration Voluntary Protection Program, underscoring our commitment to safety. Headquartered in Dallas, Texas, OxyChem is a top three U.S. manufacturer of polyvinyl chloride, chlor-alkali and chlorinated organic chemicals, and calcium chloride. Visit oxychem.com for more information.
In a fast-paced industry that demands precision, we create a supportive workplace where the safety and well-being of our employees are paramount. We are committed to rewarding top performers, offering very competitive pay and benefits, and providing tremendous career development opportunities.
We are looking for an experienced and motivated individual to fill the position of Corporate Insurance Risk Manager based in Dallas, TX.
Essential Job Duties:
  • Manage the procurement of the company's insurance coverages, including but not limited to primary and excess Third Party Liability, Property, and Marine coverages.
  • Manage the relationship with insurance brokers, insurers, third party claims administrators, and other Risk Management vendors.
  • Review the insurance requirements in contracts and other agreements as needed.
  • Manage Risk Management department internal procedures.
  • Tender new claims and assist in the management of existing claims.
  • Prepare documentation for reimbursement of settlements and claim expenses and collect due payments from insurers.
  • Manage the accounting, recordkeeping and reporting of Risk Management costs and expenses.
  • Manage the preparation of annual underwriting submissions.
  • Manage the preparation, distribution, and tracking of financial responsibility documents.
  • Compile the Risk Management department's annual report.
  • Review insurance policies and other Risk Management contracts.
  • Support general Risk Management services for the company and its affiliates and subsidiaries (i.e. oral presentations to Oxy operations, written reports to management, etc.).
  • Provide support for special projects (i.e. acquisitions, divestitures, RFP's, etc.).

Qualifications:
  • Bachelor's degree required.
  • Minimum 6 years of experience in property and casualty insurance (e.g. underwriting, broking and/or risk management). Experience in a Risk Management department highly preferred.
  • High proficiency in Microsoft Office applications (such as Word, Excel, PowerPoint and Outlook).
  • Effective oral and written communication skills, excellent interpersonal skills, organizational skills, and strong computer literacy.
  • Strong attention to detail.
  • Strong analytical skills.
  • Takes ownership and responsibility for actions and outcomes, performance and results.
  • Associate in Risk Management (ARM) required.

Additional Desired Qualifications:
  • Certified Risk Manager (CRM), RIMS-Certified Risk Management Professional (RIMS-CRMP) or Chartered Property Casualty Underwriter (CPCU) designation.
  • Energy industry Risk Management experience.

Fraud Statement:
It has come to our attention that various individuals and/or organizations are contacting people falsely pretending to recruit on behalf of OxyChem. Please be aware that these recruiting scams and communications do not originate, nor are they associated with our recruitment process. All OxyChem job postings and offers will require a completed application through our company website.
OxyChem does not charge a fee at any stage of the recruiting process. We will never:
• Ask you to pay for applications, interviews, meetings, processing, training or for any other fees
• Use recruiting or placement agencies that charge candidates an advance fee of any kind or
• Request personal information such as passport and bank account details at an early stage of our recruitment process.
We recommend against responding to unsolicited business propositions or offers from people you don't know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.

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