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Junior Risk Manager Jobs in California (NOW HIRING)

Clocktower Group

Junior Risk Analyst

Santa Monica, CA · On-site

About Clocktower Clocktower is an alternative asset management and advisory firm based in Santa ... Monitor changes in key risk measures such as notional exposure, market value, delta-adjusted ...

WSP

Senior Risk Manager

San Francisco, CA

$174K - $213K/yr

Provide training to junior risk managers and other staff as required. * Strong attention to detail while maintaining a big-picture point of view. * Ability to manage challenging behaviors and ...

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Junior Risk Manager information

See California salary details

$18.8K

$51.8K

$86.8K

How much do junior risk manager jobs pay per year?

As of Jun 21, 2026, the average yearly pay for junior risk manager in California is $51,775.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,500.00 and $56,700.00 per year, depending on experience, location, and employer.

What is the difference between Junior Risk Manager vs Risk Analyst?

AspectJunior Risk ManagerRisk Analyst
Required CredentialsBachelor's degree in finance, risk management, or related field; certifications like FRM or CRM are a plusBachelor's degree in finance, economics, or related field; certifications like FRM are common
Work EnvironmentCorporate risk departments, financial institutions, insurance companiesFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in industries managing financial, operational, or compliance risksCommonly used in finance, banking, and insurance sectors

While both roles involve assessing and managing risks, a Junior Risk Manager typically has broader responsibilities including risk mitigation strategies and reporting, whereas a Risk Analyst focuses more on data analysis and risk assessment. The Junior Risk Manager often supervises Risk Analysts and implements risk policies, making it a more comprehensive role in risk management teams.

What are the key skills and qualifications needed to thrive as a Junior Risk Manager, and why are they important?

To thrive as a Junior Risk Manager, you need strong analytical abilities, attention to detail, and a background in finance, business, or risk management—often supported by a relevant bachelor's degree. Familiarity with risk assessment tools, data analysis software (such as Excel), and sometimes certifications like FRM or PRM are typically expected. Excellent communication, problem-solving, and organizational skills help you collaborate effectively and present risk findings clearly. These competencies are crucial for accurately identifying risks, supporting senior risk management decisions, and maintaining the organization's financial and operational integrity.

What does a Junior Risk Manager do?

A Junior Risk Manager supports the identification, analysis, and mitigation of potential risks that could impact a company's operations or financial performance. Their responsibilities often include gathering data, conducting risk assessments, preparing reports, and assisting senior risk managers with the implementation of risk management strategies. They help ensure that the organization complies with regulations and develops policies to minimize risk exposure. This role is typically entry-level and offers opportunities to learn about risk management frameworks and industry best practices.

What are the typical responsibilities of a Junior Risk Manager, and how does the role interact with other departments?

As a Junior Risk Manager, you will typically be responsible for assisting in identifying, assessing, and monitoring risks across the organization. Your day-to-day tasks may include conducting risk assessments, preparing reports, analyzing data, and supporting the implementation of risk mitigation strategies. Collaboration is key in this role; you'll work closely with departments such as compliance, finance, and operations to gather information, ensure policies are followed, and communicate risk findings. This cross-functional teamwork helps build a comprehensive understanding of the company's risk profile and offers valuable learning opportunities for career growth.
What are the most commonly searched types of Risk Manager jobs in California? The most popular types of Risk Manager jobs in California are:
What are popular job titles related to Junior Risk Manager jobs in California? For Junior Risk Manager jobs in California, the most frequently searched job titles are:
What job categories do people searching Junior Risk Manager jobs in California look for? The top searched job categories for Junior Risk Manager jobs in California are:
What cities in California are hiring for Junior Risk Manager jobs? Cities in California with the most Junior Risk Manager job openings:
Junior Risk Manager jobs near you
Infographic showing various Junior Risk Manager job openings in California as of June 2026, with employment types broken down into 88% Full Time, 8% Part Time, and 4% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $51,775 per year, or $24.9 per hour.
Junior Risk Analyst

Junior Risk Analyst

Clocktower Group

Santa Monica, CA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

Job description

About Clocktower
Clocktower is an alternative asset management and advisory firm based in Santa Monica, with a global presence, including an office in Shanghai. In public markets, we seed macro-oriented hedge fund managers and manage an Asian equity platform. In private markets, we invest in fintech and Latin American startups. Several times a year we host global conferences bringing together our clients and partners, including sovereign wealth funds, tech founders, hedge fund managers, and successful individuals in creative niches. Clocktower's edge is our network.
We are searching for a highly self-motivated, intelligent, and curious Analyst who is eager to build a foundation in risk analysis to join our small and entrepreneurial team. In this role, you will help us understand the managers we seed and advise - curating their performance and exposure data, safeguarding investment integrity, and turning it into the reporting our investment team relies on. It is a hands-on seat with direct exposure to senior decision-makers and external managers, ideal for someone who takes ownership, looks for the questions behind the data rather than waiting to be asked, and wants to learn the mechanics of the hedge fund world from the inside and grow with us over time.
This role is best suited for someone with practical familiarity across global macro asset classes, including equities, rates, credit, FX, and commodities, and who understands common linear and non-linear instruments impact exposure, P&L attribution, and risk. The ideal candidate does not need to be a trader, but should be comfortable looking at a portfolio and asking the right questions about market risk, directional exposure, leverage, option sensitivities, and unexpected changes in performance or exposure.
What you'll do:
  • Understand and curate hedge fund performance and exposure data sets from major portfolio management systems and risk management systems, including:
    • Collect, clean, and enrich hedge fund portfolio data from different sources to upload into databases.
    • Analyze hedge fund exposures across global macro asset classes, including equity indices, interest rates, credit, FX, and commodities.
    • Review and validate exposures from common macro instruments, including cash securities, ETFs, futures, forwards, swaps, bonds, CDS/CDX, and listed or OTC options.
    • Monitor changes in key risk measures such as notional exposure, market value, delta-adjusted exposure, beta, duration/DV01, spread duration, option Greeks, VaR, stress-test results, and drawdown behavior.
    • Investigate unusual moves in performance, exposures, leverage, or risk-system outputs, and escalate findings clearly to the investment team.
  • Help translate manager-level portfolio data into practical investment-risk insights, including what drove P&L, where risk is concentrated, and how exposures may behave under different market scenarios.
  • Produce routine performance attribution and exposure reporting in conjunction with market coverage.
  • Participate in regular conversations with external hedge fund managers and take notes.
  • Assist the investment team in hedge fund manager and industry research projects.
  • Build innovative data handling, management and analysis tools from scratch with AI support.

Requirements:
  • 1-3 years of relevant experience in risk, portfolio analytics, middle office, derivatives operations, investment data, fund analytics, or related work at a hedge fund, asset manager, bank, risk vendor, or financial institution.
  • Working knowledge of global macro asset classes: equities, interest rates, credit, FX, and commodities.
  • Familiarity with both linear instruments, such as equities, bonds, futures, forwards, swaps, and ETFs, and non-linear instruments, such as options, swaptions, caps/floors, or other volatility-linked products.
  • Ability to interpret common risk concepts, including beta, duration, DV01, convexity, credit spread risk, FX exposure, commodity exposure, delta, gamma, vega, theta, carry, roll-down, leverage, VaR, stress testing, and drawdowns.
  • Working experience in Microsoft Excel, SQL, and Python. Previous exposure with Bloomberg or MSCI RiskMetrics is a plus.
  • CFA Level I, FRM Part I, or equivalent self-study in markets, derivatives, or risk management is a plus.
  • BA/BS degree in mathematics, statistics, finance, computer science, or related field preferred.
  • A collaborative team player.
  • Strong attention to detail.
  • A quick learner who welcomes a challenge.
  • Strong execution - delivers quality work on time, even against tight deadlines.
  • This role must be onsite 4-5 days per week in our Santa Monica office.
What you'll get:
  • All the resources you'll need to learn and grow.
  • Independence to run with your ideas.
  • Joining an elite team that works with some of the most sophisticated investors and entrepreneurs in the world.
  • Generous benefit programs including options for health, dental, vision, disability, life insurance, 401K plan (with matching), flexible vacation, and sick leave.
  • Delicious, daily lunches and snacks.
  • Beautiful office space with amazing ocean views.
Applicants must be authorized to work in the U.S. Visa sponsorship for this position is considered on a case-by-case basis.
Clocktower Group is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or any other status protected by law.
While the roles at Clocktower are primarily desk-based and do not typically require significant physical demands, employees in these positions should be able to:
  • Sit for extended periods.
  • Use a computer and other office equipment effectively.
  • Occasionally lift and move lightweight office supplies or materials.

Salary Range: $90,000-$110,000. Compensation may vary based on experience, training, and education. This position is eligible for an annual discretionary bonus.

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