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Manager Risk Manager Jobs in Pennsylvania (NOW HIRING)

This role partners closely with Fraud Risk Management (FRM) operations, Second Line of Defense (Risk Management and Compliance), and Internal Audit to ensure fraud activities are well-governed ...

This role partners closely with Fraud Risk Management (FRM) operations, Second Line of Defense (Risk Management and Compliance), and Internal Audit to ensure fraud activities are well-governed ...

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

Risk Management : Develop and implement comprehensive risk management frameworks and strategies tailored to sports gaming operations. Monitor risk exposure and evaluate operational processes to ...

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

Risk Management : Develop and implement comprehensive risk management frameworks and strategies tailored to sports gaming operations. Monitor risk exposure and evaluate operational processes to ...

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Manager Risk Manager information

What does a risk management manager do?

A risk management manager identifies, assesses, and prioritizes potential risks to an organization, developing strategies to mitigate or manage those risks. They analyze data, implement policies, and work with various departments to ensure the company's assets and operations are protected from financial, legal, or operational threats.

What is the highest paying risk management job?

The highest paying risk management roles are often executive positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and oversight of enterprise-wide risk strategies in large organizations.

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

AspectManager Risk ManagerRisk Analyst
CredentialsCertifications like FRM, CRM, or CPA often preferredSimilar certifications may be beneficial but less required
Work EnvironmentOversees risk management teams, develops strategies, and manages risk policiesAnalyzes data, assesses risks, and supports risk management decisions
Employer & Industry UsageCommon in finance, insurance, and corporate sectorsUsed across finance, banking, and consulting firms

The Manager Risk Manager typically leads risk management efforts, develops policies, and manages teams, requiring advanced certifications and leadership skills. In contrast, the Risk Analyst focuses on data analysis, risk assessment, and supporting risk strategies. Both roles are vital in risk management but differ in scope, responsibilities, and seniority.

What is the highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations. Senior risk managers or risk directors in financial services or corporate sectors tend to earn the highest compensation packages.

What does a Manager Risk Manager do?

A Manager Risk Manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization’s operations, reputation, or profitability. They develop risk management strategies, policies, and procedures to minimize financial losses and ensure compliance with regulations. Additionally, they often lead a team of risk professionals, provide training, and work with other departments to implement effective risk controls.

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

To thrive as a Risk Manager, you need strong analytical skills, a solid understanding of risk assessment methodologies, and typically a degree in finance, business, or a related field. Familiarity with risk management software, regulatory compliance frameworks, and certifications such as FRM or CRM are commonly required. Excellent communication, decision-making, and leadership abilities help you collaborate across departments and guide risk mitigation strategies. These skills and qualifications are vital for proactively identifying threats and ensuring the organization's stability and compliance.

How much does a risk manager get paid?

A risk manager's average salary typically ranges from $80,000 to $150,000 annually, depending on experience, industry, and location. Senior risk managers or those in specialized sectors can earn higher compensation, often supplemented with certifications like FRM or CRM. Salary levels also depend on the size of the organization and the complexity of the risk management responsibilities.

What are some of the common challenges faced by a Manager Risk Manager when implementing risk management frameworks across different departments?

A Manager Risk Manager often encounters challenges such as varying levels of risk awareness and compliance among departments, resistance to change, and difficulty in standardizing processes. Coordinating efforts across teams with different priorities requires strong communication and negotiation skills. Additionally, keeping up with evolving regulations and ensuring all teams are adequately trained to identify and mitigate risks is an ongoing responsibility. Addressing these challenges typically involves building strong relationships, providing targeted training, and regularly reviewing risk management processes for effectiveness.
What are the most commonly searched types of Risk Manager jobs in Pennsylvania? The most popular types of Risk Manager jobs in Pennsylvania are:
What are popular job titles related to Manager Risk Manager jobs in Pennsylvania? For Manager Risk Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Manager Risk Manager jobs in Pennsylvania look for? The top searched job categories for Manager Risk Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Manager Risk Manager jobs? Cities in Pennsylvania with the most Manager Risk Manager job openings:
Enterprise Risk Senior Manager

Enterprise Risk Senior Manager

Dollar Bank

Pittsburgh, PA • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 12 days ago


Dollar Bank rating

8.2

Company rating: 8.2 out of 10

Based on 10 frontline employees who took The Breakroom Quiz

37th of 141 rated banks


Job description

Job Description
The successful candidate in this role will assume a leadership role in developing a strong risk culture and enterprise risk management program (ERM) that is commensurate with the size and complexity of the institution. This position is hybrid which requires in office hours.
Principal Activities/Objectives:
• Develop and mature ERM processes as assigned, which may include enterprise risk appetite, key risk and performance indicators, and enterprise risk dashboard.
• Operate as an individual contributor as well as lead external consultants or internal personnel.
• Ensure that assigned ERM processes are sustainable and repeatable through the implementation and refinement of formal written procedures, training, documentation standards, and other appropriate action.
• Utilize project management skills to effectively manage assignments, including establishing and meeting deadlines and budgets, and managing workflow.
• Prepare reports, memos, and updates to Senior Management and Governance Committees.
• Build and maintain strong relationships and collaboratively work with others at all levels of the organization, while credibly probing and challenging colleagues, including those with significantly more subject matter expertise, and at higher levels of the organization.
• Assist in the development of a strong risk culture and enterprise risk management program, by positively influence change through effective utilization of change management skills.
• Participate in audits and regulatory examinations pertaining to assigned areas of responsibility and develop and execute action plans pertaining to any findings.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Supervisory Responsibilities
• Achieves results by motivating and stimulating team members; promotes commitment to common goals by communicating team vision and mission.
• Works with employees to identify development opportunities and create career development plans.
• Coaches and mentors employees on their strengths and areas for improvement, providing constructive feedback.
• When needed, selects talented individuals from inside and outside of the Bank, hiring individuals whose capabilities match the needs of the organization in a timely and prudent manner.
Qualifications:
• Six (6) years of experience in developing, maturing, and/or maintaining various ERM processes, preferably in the financial services industry, with an institution that is similar or greater in size and complexity.
• Bachelor's degree required, preferably in business, auditing, or risk management, with a related advanced degree preferred (e.g., MBA). Will consider commensurate experience in lieu of a degree.
• Strong internal controls background, including experience with assisting risk owners in the identification, development, and evaluation of controls and mitigation plans, such as through risk and controls self-assessment, or Sarbanes-Oxley processes.
• Excellent leadership, management, interpersonal, communication, facilitation, project management, analytical, and change management skills.
• Ability to quickly understand complex and fast-moving topics, and effectively work with limited supervision in an ambiguous, fast paced, and changing environment.
• Exceptional critical thinking, project management, and change management capabilities
• Ability to blend strategic thinking with practical execution and bring a partnership mindset to cross-functional risk leadership
• Demonstrated willingness to learn and grow - open to coaching, feedback, and ongoing professional development to adapt to regulatory expectations and business priorities
• Proficient in MS Word, Excel, and PowerPoint.
Benefits Information
Full-time employees are eligible for a comprehensive benefits package including medical, dental, vision, 401(k) with immediate vesting, a generous Paid Time Off program, tuition reimbursement, and wellness reimbursement for activities such as gym memberships, fitness classes, and nutrition classes.
Part-time employees qualify for 401(k) with immediate vesting, a generous Paid Time Off program, tuition reimbursement, and wellness reimbursement for activities such as gym memberships, fitness classes, and nutrition classes.
For more information, please visit http://www.dollar.bank/company/careers/benefits.

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