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Financial Risk Manager Jobs in Tucson, AZ (NOW HIRING)

Pimacounty

Intern - Finance & Risk Management

Tucson, AZ

$17.04 - $20.03/hr

Summary Department - Finance & Risk Management OPEN UNTIL FILLED Job Type: Unclassified Job ... This internship offers hands-on experience with grant budgeting, financial reporting, data analysis ...

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Financial Risk Manager information

See Tucson, AZ salary details

$48.7K

$105.5K

$160.7K

How much do financial risk manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for financial risk manager in Tucson, AZ is $105,474.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,100.00 and $122,000.00 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.
What are popular job titles related to Financial Risk Manager jobs in Tucson, AZ? For Financial Risk Manager jobs in Tucson, AZ, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Tucson, AZ look for? The top searched job categories for Financial Risk Manager jobs in Tucson, AZ are:
What cities near Tucson, AZ are hiring for Financial Risk Manager jobs? Cities near Tucson, AZ with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Tucson, AZ as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $105,474 per year, or $50.7 per hour.

Financial Analyst I - Finance & Risk Management

Pima County Government

Tucson, AZ • On-site

$56K - $79K/yr

Full-time

Posted 9 days ago

Job description

Job Description Summary
Department - Finance & Risk ManagementJob Description
OPEN UNTIL FILLED
Job Type: Classified
Job Classification: 5534 - Financial Analyst I - Central Services
Salary Grade: 11
Pay Range
Hiring Range: $56,555 - $67,870 Annually
Pay Range: $56,555 - $79,164 Annually
Range Explanation:
  • Hiring Range is an estimate of where you can receive an offer. The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, education, licenses, training, and internal equity.
  • Pay Range is the entire compensation range for the position.

First review of applications will be on 08/14/2026.
The Pima County Department of Finance & Risk Management is seeking a motivated, team-oriented individual to join its Budget Division. The successful candidate will assist in developing the annual operating budget and monitoring adopted budgets through monthly analyses, analytical tools, and reporting. Responsibilities include reviewing transactions for compliance with the chart of accounts, projecting year-end expenditures, and completing detailed ad hoc projects. The successful candidate will work closely with department contacts to develop a strong understanding of County operations. This position is responsible for assisting with the development, preparation, and administration of annual budgets for County departments. Additional responsibilities include compiling and analyzing financial data, preparing reports, and monitoring budget performance. If you enjoy collaborating with a team of dedicated professionals and have a passion for learning, professional growth, and serving your community in a fast-paced environment, this may be the perfect opportunity to join our team.
This is an in-office position located in Tucson, AZ, and cannot be remote. The Finance & Risk Management Department is unable to provide visa sponsorship for this position.
Essential Functions:
As defined under the Americans with Disabilities Act, this classification may include any of the following tasks, knowledge, skills, and other characteristics. This list is ILLUSTRATIVE ONLY and is not a comprehensive listing of all functions and tasks performed by incumbents of this class. Work assignments may vary depending on the department's need and will be communicated to the applicant or incumbent by the supervisor.
  • Monitors departmental spending under supervision, assists in gathering and compiling forecast data, and contributes to the preparation of monthly expenditure and revenue forecast reports;
  • Supports the preparation, analysis, review, and monitoring of Countywide budgets, personnel changes, and funding adjustments under guidance;
  • Assists with gathering and organizing budgetary and financial data to support studies on the feasibility of initiating or expanding programs or services;
  • Provides entry-level technical assistance to departments in budget preparation by clarifying financial policies, procedures, and processes and assisting with the use of the automated budget system;
  • Assists in the preparation of preliminary funding recommendations by compiling and organizing revenue and expenditure data and program performance measures;
  • Compiles and organizes data for inclusion in the annual Countywide budget documents and assists in reconciling financial data under supervision;
  • Supports inventory reconciliations to help ensure proper controls are in place to safeguard County assets;
  • Assists in preparing internal financial and budget reports by gathering and organizing data;
  • Tracks and compiles information on proposed and current legislation under direction to support impact analysis and compliance efforts;
  • Performs other entry-level duties as assigned to support departmental and Countywide goals.

Minimum Qualifications:
Bachelor's degree from an accredited college or university in accounting, finance, economics, business or public administration, or a closely related field, as defined by the department head at the time of recruitment.
(Relevant experience and/or education from an accredited college or university may be substituted.)
Qualifying education and experience must be clearly documented in the "Education" and "Work Experience" sections of the application. Do not substitute a resume for your application or write "see resume" on your application.
Preferred Qualifications: (Be specific in describing your experience in your application. Ensure the descriptions provided illustrate your competencies, specifically addressing the required and preferred qualifications.):
  • College-level coursework or professional experience in financial accounting.
  • College-level coursework or professional experience in Microsoft Excel or Microsoft Access.
  • College-level coursework or professional experience in budgeting.
  • Customer service experience.
  • Bachelor's degree or higher in finance, accounting, or closely related field.
  • Attached transcripts to support application.

Selection Process:
Pima County Human Resources Department reserves the right to admit to the selection process only those candidates that meet the minimum qualifications. All applications will be assessed based on an evaluation of the listed education and experience. Candidates meeting the minimum qualifications may be further evaluated/scored against any advertised Preferred Qualifications. The hiring authority will interview and select the successful candidate from a referral list provided by Human Resources. Additional assessments/testing may be required as part of the selection process.
Supplemental Information:
Licenses and Certificates: Some positions require a valid Arizona Class D driver license at the time of application or appointment. Failure to maintain the required licensure shall be grounds for termination.
Special Notice: The County requires pre-employment background checks. Successful candidates will receive a post-offer, pre-employment background screening to include verification of work history, education, and criminal conviction history. A prior criminal conviction will not automatically disqualify a candidate from employment with the County. Some positions may require satisfactory completion of a personal background investigation by the court or law enforcement agencies, due to the need for access to County Attorney and Court facilities, records, and communication systems. The Finance & Risk Management Department is unable to provide visa sponsorship for this position.
Physical/Sensory Requirements: Physical and sensory abilities will be determined by position. Action Activity - reaching; Motion Activity - simple grasping; Hearing Activity - in noisy areas; Speaking Activity - in person and on the phone; Vision - distinguish colors and have depth perception.
Working Conditions: Working conditions will be determined by position.
EEO Information: Pima County Government is an Equal Employment Opportunity employer. We are committed to an inclusive and diverse workforce and will not discriminate in employment opportunities or practices on the basis of race, color, religion, national origin, age, disability, gender, sexual orientation, kinship, political interest, or any other characteristic protected by law.

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