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Financial Risk Manager Jobs in Raleigh, NC (NOW HIRING)

Bachelor's Degree in risk management, finance, business administration or related field. Minimum Experience: Five + years of experience in a risk management role OR an equivalent combination of ...

Document and present findings to management and model owners. * (10%) Provide input for ... Bachelors in a quantitative discipline (Economics, statistics, finance, data science or analytics ...

Financials Principal SW Engineer

Durham, NC

$130K - $174K/yr

Knowledge of financial risk management specifically, market risk or credit risk is highly desirable. Experience with any Big Data solution a strong plus as we are currently implementing one of our ...

Ability to translate operational issues into financial risk assessments * Ability to effectively present information to top management and public groups * Experience in a highvolume, regulated ...

Ability to translate operational issues into financial risk assessments * Ability to effectively present information to top management and public groups * Experience in a high-volume, regulated ...

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Financial Risk Manager information

See Raleigh, NC salary details

$44.2K

$95.8K

$146K

How much do financial risk manager jobs pay per year?

As of Jul 8, 2026, the average yearly pay for financial risk manager in Raleigh, NC is $95,804.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,300.00 and $110,800.00 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 are popular job titles related to Financial Risk Manager jobs in Raleigh, NC? For Financial Risk Manager jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Raleigh, NC look for? The top searched job categories for Financial Risk Manager jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Financial Risk Manager jobs? Cities near Raleigh, NC with the most Financial Risk Manager job openings:

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Re-posted 8 days ago


Job description

Description

Company Description:


Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we're in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida.  For more information, please visit www.aspida.com or follow them on LinkedIn


Who We Are:


Sometimes, a group of people come together and create something amazing. They don't let egos get in the way. They don't settle for the status quo, and they don't complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That's the culture, the moxie, and the story of Aspida.


Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that's why we're doing things differently than everyone else in our industry. We're dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.


What We Are Looking For:


We're seeking a motivated professional to join our hedging team and help drive market risk management across the company. This is a high-impact early career role where you will work alongside our team of actuaries, quants, and developers to build and refine models, analyze market risks, and contribute to the automation of the hedging process. Ideal candidates are technically strong, curious, and eager to learn.  This role reports to the Hedging Leader is required to be onsite at our Durham office 3 days a week.   


What You Will Do:

  • Develop and enhance hedge solutions focused on equity derivatives, with opportunities to expand into other asset classes.
  • Enhance reporting frameworks to further improve hedge processing across Aspida's growing business.
  • Analyze market data, trends, and market dynamics to inform risk mitigation strategies.
  • Apply AI and automation to streamline hedging operations and improve efficiency.
  • Support back-testing and validation of strategies used by pricing and valuation teams.
  • Collaborate with teams to explore innovative approaches to managing financial risk.
  • Gain a deep understanding of the annuity business and how hedging supports long-term financial stability.

What We Provide:

  • Salaried, DOE
  • Long-Term Incentive Plan
  • Full-Time
  • Full Benefits Package Available

What We Believe:


At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

Requirements

What We Require:

  • Bachelor's degree in Mathematics, Statistics, Finance, Economics or other related field. A Master's degree is a plus. 
  • Experience with programming languages such as SQL, R, Python, or other programming languages
  • 2-3 years of professional experience preferred; recent graduates with strong internship or project experience are encouraged to apply. 
  • Strong analytical and problem-solving skills 
  • Excellent verbal and written communication and presentation skills 
  • Ability to work effectively with cross-functional teams across different business units