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Financial Risk Manager Jobs in Richmond, VA (NOW HIRING)

Manager, Risk Advisor Manager, Risk Advisor Risk Management Business Risk Office Do you want to be ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Manager, Risk Advisor Manager, Risk Advisor Risk Management Business Risk Office Do you want to be ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

At least 1 year of Financial Services Risk Management Experience Preferred Qualifications * 4+ years of experience in Process Management utilizing Lean Six Sigma or Agile * 3+ years of Financial ...

Sr. Risk Manager, Controls As the Commercial Risk Control Advisor Team Lead (Senior Manager), you ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

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Senior Associate, Risk Manager Are you ready to lead from the front line of a top 10 bank? Do you ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Sr. Risk Manager, Controls As the Commercial Risk Control Advisor Team Lead (Senior Manager) , you ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

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Financial Risk Manager information

See Richmond, VA salary details

$51.1K

$110.6K

$168.6K

How much do financial risk manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for financial risk manager in Richmond, VA is $110,649.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,300.00 and $128,000.00 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 Richmond, VA?

For Financial Risk Manager jobs in Richmond, VA, the most frequently searched job titles are:

What job categories do people searching Financial Risk Manager jobs in Richmond, VA look for?

The top searched job categories for Financial Risk Manager jobs in Richmond, VA are:

What cities near Richmond, VA are hiring for Financial Risk Manager jobs?

Cities near Richmond, VA with the most Financial Risk Manager job openings:

Infographic showing various Financial Risk Manager job openings in Richmond, VA as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $110,649 per year, or $53.2 per hour.

Manager, Risk Advisor

Capital One

Richmond, VA • On-site

Full-time

Re-posted yesterday


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

93rd of 172 rated banks


Job description

Manager, Risk Advisor

Manager, Risk Advisor

Risk Management Business Risk Office

Do you want to be part of an organization that's dedicated to helping Capital One identify, manage and effectively mitigate risk? Can you build relationships and employ innovative risk management solutions? As a Risk Manager at Capital One, you'll be responsible for working with business partners and various stakeholders to identify and mitigate potential risks. Risk Managers at Capital One are the front line of defense to ensure our Company remains stable and profitable.

The Risk Management (RM) Business Risk Office is seeking a highly motivated Risk Manager to apply their analytical, risk, communication, and project management skills to support Operational Risk Management (ORM). In this role, you will partner with executives and their teams to identify and monitor risks in an open, collaborative environment where new ideas and solutions are welcomed and rewarded. You will lead ORM through audit and regulatory engagements; facilitate periodic and change-driven risk assessments; and support issues and findings remediation. You will also be responsible for managing several horizontal Risk Office processes in alignment with the enterprise framework and related requirements. Risk Managers at Capital One are well-trained and progressive individuals that operate within a highly collaborative team environment to deliver value-added risk services across the organization.

Key responsibilities:

  • Advise and consult with ORM to help develop and implement well-designed risk frameworks, processes, controls, and supporting technologies to effectively mitigate risk

  • Manage internal audits and regulatory exams directed to and/or impacting ORM

  • Facilitate and lead risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Changed-Based Risk Assessments, etc), which include providing advice and challenge while driving influential outcomes

  • Manage and support horizontal change processes for the Risk Management Division in adherence with enterprise Policies, Standards, and Procedures

  • Stay current on the changing regulatory environment impacting Operational Risk Management and leverage data and technology to proactively identify risks, trends and/or process improvements

  • Monitor issue remediation, tracking, and closure

  • Escalate and report critical issues and risks to the Risk Management Business Risk Office and ORM Leadership team

Here's what we are looking for in an ideal teammate:

  • You are an independent, critical thinker who seeks to understand the business, its processes, risks and overall control environment

  • You promote change, embrace bold ideas, and are intellectually curious. You have a high learning agility and like to ask questions, seek understanding, and challenge conventional thinking.

  • You have a successful track record of thriving in a fast paced, entrepreneurial and dynamic environment

  • You create energy and an environment that fosters trust, collaboration, and belonging

  • You possess excellent written and oral communication skills

Basic Qualifications:

  • Bachelor's Degree or military experience

  • At least 4 years of experience in Risk Management, Compliance or Audit

  • At least 3 years of experience supporting, partnering and interacting with internal business clients

  • At least 3 years of experience interacting with internal audit, federal regulators, or government agencies

Preferred Qualifications:

  • Masters Degree or MBA

  • 5+ years of experience in Risk Management (Compliance, Audit, Risk Management)

  • 3+ years of process or Project Management or related experience leading cross functional projects and programs

  • Risk Management Certifications [Certified Risk Management Assurance (CRMA), Certified Risk Management Professional (CRMP), Certified Regulatory Compliance Manager (CRCM), Certified Financial Risk Manager (FRM)]

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $151,900 - $173,400 for Risk Manager


Richmond, VA: $138,100 - $157,700 for Risk Manager










Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).


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