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

The Financial Modeling Manager is responsible for developing, maintaining, and evolving the Company's core financial risk and performance models, with a primary focus on CECL modeling. * This role ...

Treasury operations, cash management, and financial risk management policies * Annual external audit, Form 990, and internal controls * A talented Finance and Loan Servicing team, with a culture of ...

Advisor Element Risk Management 's Core Values * Integrity: Commit to honesty, transparency, and ... Mine and evaluate documents such as application forms, financial information, product brochures ...

Monitor financial performance and identify opportunities to improve revenue, profitability, and operational efficiency. * Manage cash flow, capital expenditures, vendor contracts, and risk management ...

House Account Specialist

Winchester, VA · On-site

$18.50 - $25.25/hr

Actively reviews and manages existing customer Accounts Receivable balances to help minimize Airgas working capital investment and financial risk. Other duties as assigned. _____Are you a MATCH?

House Account Specialist

Winchester, VA · On-site

$18.50 - $25.25/hr

... manages existing customer Accounts Receivable balances to help minimize Airgas working capital investment and financial risk. • Other duties as assigned. Are you a MATCH? Preferred Education: • ...

Drive project financial performance, forecasting, and cost control * Coordinate closely with ... Manage contract review, risk analysis, change orders, RFIs, submittals, and project documentation

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Financial Risk Manager information

See Winchester, VA salary details

$50K

$108.4K

$165.2K

How much do financial risk manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for financial risk manager in Winchester, VA is $108,393.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,400.00 and $125,300.00 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 job categories do people searching Financial Risk Manager jobs in Winchester, VA look for?

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

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

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

Infographic showing various Financial Risk Manager job openings in Winchester, VA as of July 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $108,393 per year, or $52.1 per hour.

Financial Modeling Manager

Jobtailor

Berryville, VA • On-site

$110 - $160/hr

Other

Posted 5 days ago


Job description

Responsibilities
  • The Financial Modeling Manager is responsible for developing, maintaining, and evolving the Company’s core financial risk and performance models, with a primary focus on CECL modeling.
  • This role will serve as the internal owner of credit loss, capital and ALM-related models, supporting enterprise decision-making, regulatory compliance, and strategic planning.
  • CECL Modeling: Own the design, development, governance, and ongoing maintenance of the Company’s CECL models. Oversee model methodologies, assumptions, documentation, validation support, and management reporting related to CECL estimates. Partner with Credit, Finance, Risk, and auditors to ensure CECL outputs are well-supported, explainable, and compliant with accounting and regulatory expectations.
  • Capital Modeling: Develop and maintain capital forecasting and stress testing models used for strategic planning and regulatory analysis. Support capital adequacy assessments, dividend planning, and growth scenarios.
  • ALM Support: Support our outsourced interest rate risk modeling, earnings-at-risk, and economic value of equity analysis.
Requirements
  • Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or a related quantitative field; advanced degree preferred.
  • 4–8 years of experience in financial modeling within a banking or financial services environment.
  • Deep experience with CECL modeling frameworks and related data, assumptions, and governance.
  • Working knowledge of capital, liquidity, and ALM modeling concepts; Empyrean experience preferred.
  • Strong analytical, problem-solving, and communication skills, with the ability to translate complex models into clear narratives.
  • You bring structure and rigor to complex financial models and are comfortable owning them end-to-end.
  • You balance technical depth with a practical, decision-oriented mindset.
  • You work effectively across Finance, Credit, Treasury, Risk, and Audit partners.
Core Competencies

Demonstrates expertise in CECL modeling, capital forecasting, and ALM support, with a strong ability to develop and maintain complex financial models. Possesses excellent analytical and communication skills to effectively collaborate with cross-functional teams and ensure compliance with regulatory standards.

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