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Interim Risk Management Jobs (NOW HIRING)

World Bank

Senior Risk Specialist

Washington, DC · On-site

... as interim Trustee and Secretariat host, manages institutional relations with the Fund ... The Senior Risk Specialist (GG) is a high-impact, mid-career professional role that sits at the ...

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Interim Risk Management information

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$111.6K

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How much do interim risk management jobs pay per year?

As of Jun 22, 2026, the average yearly pay for interim risk management in the United States is $111,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 per year, depending on experience, location, and employer.

What is interim risk management?

Interim risk management refers to the temporary assignment of a professional to oversee and manage an organization's risk-related functions, typically during periods of transition or until a permanent hire is made. Interim risk managers assess, identify, and mitigate risks that could impact the organization, ensuring compliance with regulations and continuity of operations. They often implement or update risk management frameworks, provide guidance during critical projects, and help maintain business stability during leadership gaps. This role is essential for organizations undergoing change or facing urgent risk management needs.

What are some common challenges faced by professionals in Interim Risk Management roles, and how can they effectively address them?

Professionals in Interim Risk Management often encounter challenges such as quickly adapting to new organizational cultures, assessing risk frameworks within tight timeframes, and building trust with stakeholders who may be accustomed to different processes. To address these, it’s important to establish clear communication channels early on, leverage industry-standard risk assessment tools, and prioritize quick wins that demonstrate value. Building strong relationships with team members and key decision-makers can also help in implementing effective risk strategies during the interim period.

What is the difference between Interim Risk Management vs Risk Analyst?

AspectInterim Risk ManagementRisk Analyst
CredentialsCertifications like CRM, FRM, or RIMS membership often preferredSimilar certifications, often with a focus on analytics or finance
Work EnvironmentTemporary, project-based roles within organizations or consulting firmsPermanent or contract roles within companies or financial institutions
Employer & Industry UsageUsed by organizations needing short-term risk oversight or project supportCommonly employed for ongoing risk assessment and data analysis
Search & Comparison IntentOften searched by companies seeking interim risk support or consultantsTypically searched by individuals or employers for risk analysis roles

Interim Risk Management roles focus on providing temporary risk oversight and strategic guidance, often during transitions or specific projects. Risk Analysts usually perform ongoing data analysis and risk assessments as part of a company's regular operations. While both roles require similar certifications and work in related environments, their primary functions and employment types differ.

What are the key skills and qualifications needed to thrive as an Interim Risk Management professional, and why are they important?

To thrive as an Interim Risk Management professional, you need expertise in risk assessment, compliance, and financial analysis, often backed by a degree in business, finance, or a related field. Familiarity with risk management software (such as RSA Archer or LogicManager) and certifications like CRM or FRM are commonly expected. Strong problem-solving, communication, and adaptability set top performers apart in this role. These skills ensure effective identification, mitigation, and communication of risks during periods of organizational transition or uncertainty.
More about Interim Risk Management jobs
What are the most commonly searched types of Risk Management jobs? The most popular types of Risk Management jobs are:
What states have the most Interim Risk Management jobs? States with the most job openings for Interim Risk Management jobs include:
What job categories do people searching Interim Risk Management jobs look for? The top searched job categories for Interim Risk Management jobs are:
Interim Risk Management jobs near you
Infographic showing various Interim Risk Management job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 5% Full Time, 88% Part Time, 3% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.
Senior Risk Specialist

Senior Risk Specialist

The World Bank Group

Washington, DC • On-site

Other

Posted 18 days ago

Job description

Background: At COP27 and CMA4, the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) and the Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement (CMA) established funding arrangements to assist developing countries particularly vulnerable to climate change. This decision established the Fund for Responding to Loss and Damage (FRLD) to help developing countries address the economic and non-economic impacts of climate change, including extreme weather events and slow-onset processes.

At COP28 and CMA5, the COP/CMA formally approved the Fund's Governing Instrument, designating it as part of the UNFCCC's financial mechanism and placing it under the joint guidance of COP and CMA. The decision authorized the Fund's Board to secure a hosting arrangement with the World Bank as interim trustee for four years, including hosting the Fund's Secretariat. The World Bank has agreed to act as trustee and administer the Trust Fund in accordance with the COP/CMA's stipulations.

The Secretariat, hosted by the World Bank in Washington, D.C. and led by the Executive Director (ED), coordinates the Fund's strategic activities across its governing bodies, including the Board and the World Bank as  interim Trustee and Secretariat host, manages institutional relations with the Fund's stakeholders, and drives thought leadership to deliver the Board's vision and policies.

As the FRLD scales up its operations and mobilizes resources from public, private, and innovative sources, it is essential that a comprehensive, fit-for-purpose Risk Management Framework (RMF) be established. The RMF will underpin the Fund's credibility, ensure prudent stewardship of resources, and provide governing bodies and stakeholders with confidence in the Fund's operational resilience.

Role Overview: The Senior Risk Specialist (GG) is a high-impact, mid-career professional role that sits at the center of the FRLD's institutional architecture. The post holder will serve as the Secretariat's primary authority on risk management, leading the end-to-end design, implementation, and continuous improvement of the FRLD's Risk Management Framework. The role demands sophisticated judgment, a proven track record in multilateral or international development finance settings, and the ability to translate complex risk considerations into clear, actionable policy guidance.

The Senior Risk Specialist will report to the Program Manager for Board Affairs and Governance and will collaborate closely with other Program Managers and the wider Secretariat team to ensure full alignment with the FRLD's mandate and institutional processes.

Duties and Responsibilities
1. Risk Management Framework
Draft, socialize, and finalize the FRLD's risk related policies and frameworks such as the Risk Management Framework Policy, Risk Appetite Statement, and associated standards, including risk taxonomy, scoring methodology, reporting dashboards, issue management, and incident response protocols.
Ensure the Framework is fit-for-purpose for a multilateral climate fund, drawing on international best practices while accounting for FRLD's unique mandate and stakeholder environment.

2. Governance Support
Support the Board and its relevant committees in fulfilling their risk oversight responsibilities.
Coordinate risk reviews and prepare Board-facing materials on risk thresholds, exceptions, and escalation decisions.
Maintain a risk register and lead risk control self-assessments (RCSAs) across the Secretariat.

3. Risk Identification and Assessment
Identify and assess a broad spectrum of risks, including strategic, operational, financial, fiduciary, procurement, safeguard/ESG, reputational, programmatic, and climate-related risks.
Evaluate counterparty risk and residual risk exposure against agreed thresholds.
Provide timely risk intelligence to senior management and the Board.

4. Mitigation and Risk Solutions
Design and oversee risk mitigation and action plans, covering avoidance, reduction, sharing/transfer (e.g., insurance, guarantees, contingency instruments), and acceptance strategies that are compatible with FRLD's objectives.
Advise on the adequacy and sequencing of mitigation measures.

5. Integration in Programming
Working with the Programming and Country Engagement team, embed risk reviews and approval gates into the project cycle.
Advise the Secretariat on risk-informed design and ensure that risk mitigation measures are assessed, sequenced, and monitored.
Contribute substantive risk inputs to results frameworks and monitoring and evaluation plans.

6. Monitoring and Reporting
Develop risk metrics and dashboards; produce periodic risk reports for management and the Board.
Establish and operate early warning and escalation criteria; track risk breaches and corrective actions through to resolution.

7. Stakeholder Engagement and Capacity Building
Engage with the World Bank, governments, accredited entities, and observer constituencies to maintain situational awareness of the evolving risk landscape.
Deliver training and guidance to Secretariat staff; convene and facilitate relevant communities of practice.

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