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

Retail Relationship Banker

Tucson, AZ · On-site

$17.25 - $22.50/hr

Identifies customer needs and provides advice and guidance regarding financial solutions that are ... Applies the risk management framework to the portfolio to protect the Bank's assets and maintain ...

Posted today

Retail Relationship Banker

Tucson, AZ · On-site

$17.25 - $22.50/hr

Identifies customer needs and provides advice and guidance regarding financial solutions that are ... Applies the risk management framework to the portfolio to protect the Bank's assets and maintain ...

New

This includes reviewing FP&A forecasts, manpower reporting / operational workforce planning ... Short Range Outlook (SRO) Risk and Opportunities experience. * You will collaborate with Program ...

Take measured risks while protecting the bank by applying our Risk Management Framework in the ... Strong working knowledge of financial industry. * In-depth experience working with managed products ...

Showing results 21-40

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 9, 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:
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.

Associate Director, Enterprise Risk and Insurance Programs

University of Arizona

Tucson, AZ • On-site

Full-time

Posted 16 days ago


University Of Arizona rating

7.2

Company rating: 7.2 out of 10

Based on 67 frontline employees who took The Breakroom Quiz

383rd of 617 rated colleges and universities


Job description

  • Directs the administration of the University's insurance programs, including property, liability, worker's compensation, and other risk financing mechanisms, ensuring appropriate coverage and alignment with institutional risk management objectives. 
  • Oversees the management of insurance claims from initial reporting through resolution, including investigation, documentation, claim analysis, coordination with insurers, brokers, third-party administrators, legal counsel, and state claims representatives, as applicable. 
  • Provides guidance and consultation to university departments on insurance coverage, claims procedures, loss reporting, and risk mitigation strategies. 
  • Monitors claims trends and loss data to identify emerging risks, evaluate loss exposures, and recommend risk mitigation and loss prevention strategies that strengthen the University's insurance and risk management programs.
  • Provides strategic coordination and oversight of the University's enterprise risk management (ERM) program by partnering with stakeholders to identify, assess, monitor, and communicate enterprise risks that may impact institutional objectives.
  • Manages the institutional risk register and collaborates with university leaders and departments to evaluate strategic, operational, financial, compliance, and reputational risks, while developing and monitoring appropriate mitigation strategies and controls.
  • Develops ERM reports, dashboards, and risk analytics to inform leadership decision-making, identify emerging risk trends, and support risk governance and oversight activities. 
  • Provides consultation, training, and risk management guidance to university stakeholders while continuously enhancing ERM frameworks, processes, tools, and reporting capabilities to strengthen organizational resilience and support institutional objectives.
  • Provides guidance and technical expertise to university units, administrators, and employees on insurance requirements, contractual risk transfer provisions, and risk financing strategies, including indemnification and hold harmless clauses, waivers of subrogation, limitation of liability provisions, and other risk allocation mechanisms. 
  • Evaluates and advises on the scope, applicability, and adequacy of University and State of Arizona insurance programs, including property, general liability, professional liability, workers' compensation, and international travel coverage.
  • Reviews complex agreements, affiliations, leases, research-related contracts, and special event activities to evaluate risk allocation and insurance implications. 
  • Collaborates with stakeholders to identify and mitigate contractual and operational risks while ensuring alignment with university policies, regulatory requirements, State of Arizona requirements, and risk management best practices. 
  • Leads risk analytics, exposure reporting, and program performance measurement to support insurance renewals, claims management, enterprise risk reporting, and strategic risk financing decisions. 
  • Develops dashboards, key risk indicators, and metrics to identify trends and opportunities for continuous improvement in risk management and loss prevention programs.
  • Provides leadership, supervision, coaching, and performance management for assigned staff. 
  • Establishes priorities, supports professional development, and fosters a collaborative, customer-focused environment that advances departmental and institutional goals.

Knowledge, Skills, and Abilities:

  • Knowledge of enterprise risk management and insurance programs.
  • Skill in claims administration and insurance coverage analysis.
  • Skill in risk, loss, and data analysis and reporting.
  • Strong communication and stakeholder relationship management skills.
  • Ability to assess risks and develop effective mitigation strategies.
  • Familiarity with reviewing Certificates of Insurance (COIs) and understanding vendor insurance requirements is strongly preferred.
  • Ability to adapt to evolving responsibilities and support ongoing development of risk management processes, procedures and programs.
  • Demonstrated ability to work independently while supporting departmental and institutional objectives

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