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Financial Risk Manager Jobs in Sacramento, CA (NOW HIRING)

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

This position sites within the Project Controls and Project Financial office. The role focuses on supporting comprehensive risk management efforts, maintaining risk reporting tools, and collaborating ...

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

This position sites within the Project Controls and Project Financial office. The role focuses on supporting comprehensive risk management efforts, maintaining risk reporting tools, and collaborating ...

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

This position sites within the Project Controls and Project Financial office. The role focuses on supporting comprehensive risk management efforts, maintaining risk reporting tools, and collaborating ...

... financially inclusive California. We welcome all who embrace our Core Values. WHO YOU ARE: You are a strategic and collaborative risk leader with deep expertise in Enterprise Risk Management, risk ...

Risk Scheduler

Sacramento, CA · On-site

$90K - $120K/yr

We are seeking a Risk Scheduler to join our Transportation Sector. The ideal candidate will be ... stress management, nutrition, and financial well-being. Cordoba Corporation provides equal ...

Risk Scheduler

Sacramento, CA · On-site +1

$90K - $120K/yr

We are seeking a Risk Scheduler to join our Transportation Sector. The ideal candidate will be ... stress management, nutrition, and financial well-being. Cordoba Corporation provides equal ...

Risk Scheduler

Sacramento, CA · On-site +1

$90K - $120K/yr

We are seeking a Risk Scheduler to join our Transportation Sector. The ideal candidate will be ... stress management, nutrition, and financial well-being. Cordoba Corporation provides equal ...

JOB SUMMARY This position is part of the Project Controls and Project Financial Office and is responsible for supporting risk management initiatives across programs. Key duties include maintaining ...

JOB SUMMARY This position is part of the Project Controls and Project Financial Office and is responsible for supporting risk management initiatives across programs. Key duties include maintaining ...

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Showing results 1-20

Financial Risk Manager information

See Sacramento, CA salary details

$54.9K

$119K

$181.3K

How much do financial risk manager jobs pay per year?

As of Aug 29, 2026, the average yearly pay for financial risk manager in Sacramento, CA is $118,954.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,000.00 and $137,600.00 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 cities near Sacramento, CA are hiring for Financial Risk Manager jobs?

Cities near Sacramento, CA with the most Financial Risk Manager job openings:

Infographic showing various Financial Risk Manager job openings in Sacramento, CA as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $121,509 per year, or $58.4 per hour.

Construction Risk Manager

Cambridge Swinerton Builders

Sacramento, CA • On-site

$140K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 24 days ago


Job description

Compensation Range:

$140,000.00 - $170,000.00 Annual Salary

Job Description Summary:

The Construction Risk Manager will:
Support operations and preconstruction teams in one or more regions.
Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and goals of the corporation.
Oversee the coordination and management of insurance policies and programs for the corporation, in support of the goals of the corporation.

Job Description:

POSITION RESPONSIBILITIES AND DUTIES:

  • Support the division teams with Owner contract and Master Subcontract review and analysis/guidance, and pricing of project-specific policies as needed
  • Support the division teams as needed for project participation in corporate insurance programs
  • Assist the Director with management corporate bonding and insurance programs, including evaluation and selection of brokers and carriers and negotiation of insurance policies
  • Assist the Director with review of OCIP program information, and assist division teams with pricing and participation
  • Assist the Director in developing and leading trainings for operations and estimating teams as regards risk, insurance, bonds and claim
  • Analyze and classify risks according to frequency and potential severity; measure financial impact of risk to company
  • Evaluate and select techniques to minimize losses such as risk retention, risk transfer, etc.
  • Oversee insurance-related claims management and litigation management issues
  • Complete other responsibilities as assigned

MINIMUM SKILLS OR EXPERIENCE REQUIREMENTS:

  • B.A. or B.S. Degree and minimum 10 years business experience with minimum 5 years experience construction or insurance industry
  • Ability to read contracts, and to provide analysis, comments and potential changed language for contract terms and conditions specific to insurance, bonding, indemnity and related subject matter areas.
  • Strong understanding of how property, casualty and indemnity insurance policies work. Ability to read, analyze and act on or comment and communicate in writing and verbally issues with insurance policies
  • Ability to assist estimating, preconstruction and operations teams with questions about how insurance requirements in requests for proposals/qualifications, bids, and contracts may impact pricing, coverage options and application of coverage in the event of a loss. To the extent that project-specific coverage options make more sense from a risk analysis, assist with collection of, analysis, and submission of underwriting information to broker and presentation of the coverage options, pricing and terms to the respective parties within Swinerton.
  • Strong understanding of how bonds work, and ability to explain and discuss guarantees and trigger issues.
  • Strong insurance claims management experience
  • Effective team and coaching leadership skills, and ability to develop and maintain strong relationships
  • Excellent written and verbal English communication and presentation skills
  • Effective organizational skills
  • Computer-literacy; knowledge of Microsoft Office Suite
  • Takes initiative and finds solutions to potential problems
  • Research and analytical skills
  • Ability to travel

SUMMARY OF BENEFITS:

This role is eligible for the following benefits:medical, dental, vision, 401(k) with company matching, Employee Stock Ownership Program (ESOP), individual stock ownership, paid vacation, paid sick leave, paid holidays, bereavement leave, employee assistance program, pre-tax flexible spending accounts, basic term life insurance and AD&D, business travel accident insurance, short and long term disability, financial wellness coaching, educational assistance, Care.com membership, ClassPass fitness membership, and DashPass delivery membership. Voluntary benefits include additional term life insurance, long term care insurance, critical illness and accidental injury insurance, pet insurance, legal plan, identity theft protection, and other voluntary benefit options.

Anticipated Job Application Deadline:

09/21/2026