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Financial Risk Specialist Jobs in Rhode Island (NOW HIRING)

Credit Risk Specialist

Westerly, RI · On-site

$50K - $65K/yr

Washington Trust is seeking a Credit Risk Specialist to join its Credit Risk Administration team ... Bachelor's degree in Business, Finance, Accounting, Legal Studies, or a related field preferred.

Credit Risk Specialist

Westerly, RI · On-site

$50K - $65K/yr

Washington Trust is seeking a Credit Risk Specialist to join its Credit Risk Administration team ... Bachelor's degree in Business, Finance, Accounting, Legal Studies, or a related field preferred.

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

Coventry, RI · On-site

$19.50 - $21/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

North Kingstown, RI

$19.50 - $20.75/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

Warwick, RI · On-site

$20 - $21.50/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

Westerly, RI · On-site

$20.25 - $21.75/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

Johnston, RI · On-site

$20.25 - $21.75/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

Smithfield, RI

$19.25 - $20.75/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

Asset Protection Specialist

Providence, RI

$20.25 - $21.75/hr

The Asset Protection Specialist is primarily responsible for preventing financial loss caused by ... risk of injury to themselves, other associates, vendors, customers, and the Company. They must ...

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Showing results 1-20

Financial Risk Specialist information

See Rhode Island salary details

$30.8K

$73K

$114.6K

How much do financial risk specialist jobs pay per year?

As of Aug 30, 2026, the average yearly pay for financial risk specialist in Rhode Island is $72,986.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,900.00 and $92,100.00 per year, depending on experience, location, and employer.

What does a financial risk specialist do?

A Financial Risk Specialist is responsible for identifying, analyzing, and mitigating risks that could impact a company's financial health. They assess potential threats related to market fluctuations, credit exposure, operational procedures, and regulatory compliance. Using quantitative models, they evaluate risk levels and recommend strategies to minimize losses. Their work helps organizations make informed decisions and maintain financial stability.

What are some common challenges financial risk specialists face when working with cross-functional teams?

Financial Risk Specialists often collaborate with departments such as compliance, operations, and IT to assess and manage organizational risks. A common challenge is translating complex risk models and regulatory requirements into actionable steps that non-experts can understand and implement. Effective communication and adaptability are crucial, as priorities may shift quickly in response to emerging risks or regulatory changes. Building strong relationships across teams helps ensure risk controls are properly integrated into business processes.

What are the key skills and qualifications needed to thrive as a financial risk specialist, and why are they important?

To thrive as a Financial Risk Specialist, you need strong analytical skills, a solid understanding of financial markets, and a relevant degree in finance, economics, or mathematics. Familiarity with risk assessment tools, statistical software (such as SAS or MATLAB), and professional certifications like FRM or CFA are typically required. Excellent problem-solving, attention to detail, and effective communication skills help you interpret data and collaborate with stakeholders. These competencies are crucial for accurately identifying, assessing, and mitigating financial risks to protect an organization’s assets and ensure regulatory compliance.

What is the difference between Financial Risk Specialist vs Credit Analyst?

AspectFinancial Risk SpecialistCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CFABachelor's degree in finance, accounting, or related; often CFA or similar certifications
Work EnvironmentFinancial institutions, consulting firms, risk management departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors focusing on risk assessment and mitigationPrimarily in banking and lending for credit evaluation

The main difference is that a Financial Risk Specialist focuses on identifying and managing overall financial risks within an organization, including market, credit, and operational risks. In contrast, a Credit Analyst primarily evaluates the creditworthiness of individual borrowers or companies to determine lending risk. Both roles require similar credentials and often work in related environments, but their focus areas differ significantly.

What are popular job titles related to Financial Risk Specialist jobs in Rhode Island?

For Financial Risk Specialist jobs in Rhode Island, the most frequently searched job titles are:

What job categories do people searching Financial Risk Specialist jobs in Rhode Island look for?

The top searched job categories for Financial Risk Specialist jobs in Rhode Island are:

What cities in Rhode Island are hiring for Financial Risk Specialist jobs?

Cities in Rhode Island with the most Financial Risk Specialist job openings:

Infographic showing various Financial Risk Specialist job openings in Rhode Island as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $72,986 per year, or $35.1 per hour.

Credit Risk Specialist

Westerly, RI • On-site

$50K - $65K/yr

Full-time

Posted 6 days ago


Job description

Washington Trust is seeking a Credit Risk Specialist to join its Credit Risk Administration team. This position is responsible for supporting the Bank's commercial lending operations through loan documentation quality control, exception and tickler management, flood compliance review, vendor oversight, appraisal administration, and other credit administration functions.

The Credit Risk Specialist plays a key role in ensuring that commercial loan files are accurate, complete, compliant with Bank policies, and properly documented throughout the lending process. The successful candidate will possess strong analytical, organizational, and communication skills, along with a high level of attention to detail.

 Responsibilities
  • Review commercial loan documentation for accuracy, completeness, and compliance with Bank requirements.
  • Validate collateral, insurance, appraisal, title, and other due diligence documentation.
  • Identify documentation exceptions and assist in resolving outstanding issues.
  • Ensure loan files are complete and properly documented before and after closing.
  • Maintain loan documentation, covenant, and exception tickler systems.
  • Manage approved appraisal, environmental, and other third-party vendor lists.
  • Conduct vendor reviews and ongoing monitoring activities.
  • Order and review flood determinations for commercial loan transactions.
  • Verify flood insurance requirements and coverage adequacy.
  • Maintain risk rating records and quality control documentation.
  • Support administration of the Bank's approved attorney program.
  • Assist with additional credit administration projects and reporting as assigned.
Qualifications
  • Bachelor's degree in Business, Finance, Accounting, Legal Studies, or a related field preferred.
  • Relevant banking, legal, or business experience may be considered in lieu of a degree.
  • Previous experience in commercial lending, loan operations, credit administration, legal documentation, or a related area is preferred.
  • Strong written and verbal communication skills.
  • Excellent attention to detail and commitment to accuracy.
  • Strong organizational skills with the ability to manage multiple priorities and deadlines.
  • Ability to work independently and as part of a team.
  • Ability to establish effective working relationships with loan officers, attorneys, consultants, appraisers, and other business partners.
  • Proficiency with Microsoft Word and Excel.
  • Experience with loan systems, CRM platforms, or other banking software is a plus.

A good-faith, reasonable estimate of the base salary range for this role is $50,000 - $65,000 per year. Actual compensation will depend on factors such as experience, skills, training, certifications, and education. This base salary reflects one component of our competitive compensation package. This position may be eligible for an annual bonus and includes a comprehensive benefits package.