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Financial Risk Manager Jobs in Silver Spring, MD

Fraud Risk Manager

Silver Spring, MD ยท On-site

$104.22K - $173.69K/yr

Responsibilities The Fraud Risk Manager manages the operations of the fraud investigations ... Collaborate with other financial institutions and/or law enforcement regarding the recovery of ...

At least 6 years of Financial Services Risk Management Experience * At least 6 years of Project Management experience * At least 7 years of experience supporting, partnering and interacting with ...

Fraud Risk Manager

Silver Spring, MD ยท Hybrid

$104.22K - $173.69K/yr

Responsibilities The Fraud Risk Manager manages the operations of the fraud investigations ... Collaborate with other financial institutions and/or law enforcement regarding the recovery of ...

At least 6 years of Financial Services Risk Management Experience * At least 6 years of Project Management experience * At least 7 years of experience supporting, partnering and interacting with ...

Fraud Risk Manager

Silver Spring, MD ยท Hybrid

$104.22K - $173.69K/yr

Responsibilities The Fraud Risk Manager manages the operations of the fraud investigations ... Collaborate with other financial institutions and/or law enforcement regarding the recovery of ...

Program Risk Manager

Herndon, VA ยท On-site

$86K - $138K/yr

RMF/ATO impacts, supply chain risk, cybersecurity risk integration, and program financial/schedule impacts. Desired / Preferred * Prior DoD/Army/ARNG program risk or PMO experience * Experience with ...

Program Risk Manager

Herndon, VA ยท On-site

$86K - $138K/yr

RMF/ATO impacts, supply chain risk, cybersecurity risk integration, and program financial/schedule impacts. Desired / Preferred * Prior DoD/Army/ARNG program risk or PMO experience * Experience with ...

Risk Manager, Senior Category: Leadership and Management Roles Main location: United States ... Conduct in-depth risk evaluations to identify potential financial, operational, compliance, safety ...

RMF/ATO impacts, supply chain risk, cybersecurity risk integration, and program financial/schedule impacts. Desired / Preferred * Prior DoD/Army/ARNG program risk or PMO experience * Experience with ...

Head of Credit Risk

Baltimore, MD ยท On-site

$200K - $265K/yr

Integrate with financial risk management to ensure comprehensive coverage of market and credit risks. * Partner with underwriting risk management to support integration of credit risk in product ...

Risk Event Manager The Risk Manager will have the opportunity to apply risk management and ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Risk Event Manager The Risk Manager will have the opportunity to apply risk management and ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Card Vertical Risk Manager Capital One, a Fortune 500 company and one of the nation's top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses and ...

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Financial Risk Manager information

See Silver Spring, MD salary details

$53.2K

$115.3K

$175.7K

How much do financial risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for financial risk manager in Silver Spring, MD is $115,324.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,000.00 and $133,400.00 per year, depending on experience, location, and employer.

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 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 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 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 popular job titles related to Financial Risk Manager jobs in Silver Spring, MD? For Financial Risk Manager jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Silver Spring, MD look for? The top searched job categories for Financial Risk Manager jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Financial Risk Manager jobs? Cities near Silver Spring, MD with the most Financial Risk Manager job openings:

Fraud Risk Manager

EagleBank

Silver Spring, MD โ€ข On-site

$104.22K - $173.69K/yr

Full-time

Medical, Retirement

Posted 7 days ago


Job description

Overview
We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ - EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.
EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another's experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships. The minimum and maximum projected annualized salary for this position is: $104,215.00 to $173,692.00. Additional compensation may be possible based on experience and skills.
We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work and will work in the Silver Spring, MD office four days per week.
Responsibilities
The Fraud Risk Manager manages the operations of the fraud investigations department and the supervision of its staff. They develop policies and procedures to prevent fraud activities and to recover incurred losses. This position identifies weaknesses in current control processes and recommends enhancements. They collaborate investigations with appropriate business partners and local, state, and federal authorities. The Fraud Risk Manager plays a critical role in developing, implementing, and managing fraud prevention and detection strategies across the organization. Responsible for identifying, preventing, and investigating fraudulent activities to safeguard the company's assets and interests. This role works closely with cross-functional teams and collaborates with internal and external stakeholders to ensure the effectiveness of fraud management initiatives.
Major Duties and Responsibilities:
  • Provide second-line oversight of fraud-related programs including check fraud, ACH fraud, wire fraud, identity theft, account takeover (ATO), elder financial exploitation, and new account fraud.
  • Independently assess and challenge the effectiveness of first-line fraud detection, prevention, and investigation activities across all banking channels (retail, commercial, digital, and card).
  • Maintain and continuously enhance the enterprise Fraud Risk Management Policy and supporting standards and procedures.
  • Conduct periodic fraud risk assessments to identify emerging threats, control gaps, and areas of heightened risk exposure.
  • Serve as a subject matter expert during regulatory examinations, internal audits, and third-party reviews related to fraud risk management.
  • Monitor evolving regulatory guidance (FFIEC, CFPB, OCC, FDIC, Federal Reserve) and assess impact on the Bank's fraud program.
  • Design and present fraud risk reporting to senior management, risk committees, and the Board as appropriate.
  • Analyze fraud trends, loss data, and industry intelligence to proactively identify and communicate emerging risks /material issues.
  • Partner with first-line fraud operations, BSA/AML, cybersecurity, legal, and technology teams to ensure an integrated approach to financial crimes and fraud risk management.
    Evaluating existing Verafin fraud agents against existing fraud tools to determine which fraud tool is more efficient.
  • Create MRM documentation for all active fraud agents and conduct quarterly monitoring of the efficiency of the fraud agents.
  • Collaborate with the Verafin administrator to conduct annual tuning of the Verafin fraud agents.
  • Collaborate with other financial institutions and/or law enforcement regarding the recovery of assets and identification of suspects.
  • Conduct fraud investigations: Interviewing victims, documenting findings, and collaborating with various internal units to make an investigative determination.
  • Support the fraud vendor management process, including oversight of third-party fraud tools and platforms.
  • Manage Fraud Investigation staff and the daily operations of the team. Provide training and awareness to staff on fraud risk trends, policies, and controls as well as deepening training of their roles as required. Ensure the work production, timeliness and accuracy of the team. Make employment and performance recommendations as well as complete performance reviews and manage staff leave.

Qualifications
Requirements:
  • Bachelor's Degree in Arts/Sciences (BA/BS) in criminal justice, business administration, finance, or a related field
  • 8 years experience in fraud risk management, financial crimes compliance, or a related field within a financial institution
  • 3 years people management/supervisory experience
  • Experience with Verafin or other fraud tracking software
  • Proficient knowledge of fraud typologies across multiple banking products and channels.
  • Working knowledge of applicable regulatory frameworks (FFIEC, Regulation E, Regulation CC, BSA/AML).
  • Ability to challenge and influence first-line stakeholders constructively.
  • Proficient written and verbal communication skills, including experience presenting to senior leadership.
  • Independent judgment and intellectual curiosity
  • Risk-based thinking and analytical rigor
  • Leadership presence and confidence in challenging the status quo
  • Collaborative leadership and cross-functional influence

Preferences:
  • Advanced degree or certification in fraud examination or risk management
  • Experience at a regional bank with assets between $5B-$30B
  • CFE (Certified Fraud Examiner), CAMS (Certified Anti-Money Laundering Specialist), CFCS, and/or CRCM or similar certification
  • Attention to detail with the ability to see the big picture

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren't hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.