ZipRecruiter

Log In

1

Manager Risk Manager Jobs in Rhode Island (NOW HIRING)

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

The Bank's commitment to excellence requires that an adept Enterprise Risk Manager be in place as to identify, evaluate and report on enterprise risks, as well as develop and implement strategic ...

BankNewport

Enterprise Risk Manager

Middletown, RI

The Bank's commitment to excellence requires that an adept Enterprise Risk Manager be in place as to identify, evaluate and report on enterprise risks, as well as develop and implement strategic ...

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

The Bank's commitment to excellence requires that an adept Enterprise Risk Manager be in place as to identify, evaluate and report on enterprise risks, as well as develop and implement strategic ...

Securitas

Operational Risk Manager

East Providence, RI · On-site

$110K - $135K/yr

Operational Risk Manager (ORM) The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture ...

Securitas

Operational Risk Manager

Providence, RI · On-site

$110K - $135K/yr

Operational Risk Manager (ORM) The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture ...

Securitas

Operational Risk Manager

Cranston, RI · On-site

$110K - $135K/yr

Operational Risk Manager (ORM) The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture ...

Securitas

Operational Risk Manager

Pawtucket, RI · On-site

$110K - $135K/yr

Operational Risk Manager (ORM) The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture ...

Citizens

First Line Risk Manager

Johnston, RI · On-site

Description As a First Line Risk Manager supporting the Treasury and Wholesale Payments division in Commercial Banking , you will serve as the primary execution lead for risk and control activities ...

Citizens

First Line Risk Manager

Johnston, RI · On-site

Description As a First Line Risk Manager supporting the Treasury and Wholesale Payments division in Commercial Banking , you will serve as the primary execution lead for risk and control activities ...

Citizens Bank

First Line Risk Manager

Johnston, RI · On-site

As the First Line Risk Manager , you will serve as the primary execution lead for risk and control activities across assigned products, processes, and services. You will be responsible for executing ...

Citizens

First Line Risk Manager

Johnston, RI · On-site

As the First Line Risk Manager , you will serve as the primary execution lead for risk and control activities across assigned products, processes, and services. You will be responsible for executing ...

next page

Showing results 1-20

All JobsRisk JobsManager Risk Manager JobsManager Risk Manager Jobs in Rhode Island

Manager Risk Manager information

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 does a 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.

What are some common challenges faced by a 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 Rhode Island? The most popular types of Risk Manager jobs in Rhode Island are:
What cities in Rhode Island are hiring for Manager Risk Manager jobs? Cities in Rhode Island with the most Manager Risk Manager job openings:
Manager Risk Manager jobs near you

Enterprise Risk Manager

BankNewport

Middletown, RI • On-site

Other

Re-posted 20 days ago

Job description

Overview
BankNewport, is at the forefront of managing the multifaceted risks facing financial institutions. The Bank's commitment to excellence requires that an adept Enterprise Risk Manager be in place as to identify, evaluate and report on enterprise risks, as well as develop and implement strategic mitigation plans to safeguard the Bank's operations and ensure a competitive edge.
Responsibilities
  • Risk Identification & Assessment:
    • Conduct proactive identification, evaluation, and documentation of enterprise risk, including operational, financial, reputational, strategic, cyber, information security, IT, and regulatory-related risks that may hinder the Bank's objectives.
    • Utilize diverse assessment methodologies to quantify risk magnitude and anticipate potential impacts, aiming for a comprehensive understanding of risk scenarios' likelihood and consequences.
    • Provide ongoing operational risk consultation to partners to influence process changes and management support with balanced and effective solutions.
  • Strategy Development & Implementation:
    • Responsible for oversight of the Bank's enterprise risk management program.
    • Collaborate with departmental leaders to devise and refine effective risk mitigation strategies, ensuring their integration within broader business planning and operations. Align these strategies with the company's strategic ambitions, enhancing resilience against identified risks.
  • Risk Monitoring & Reporting:
    • Implement and manage a rigorous framework for continuous risk monitoring and reporting.
    • Produce detailed reports summarizing findings, analyses, and recommendations, equipping senior management and stakeholders with actionable insights for informed decision-making.
    • Facilitate the ongoing tracking of risk trends.
    • Create an acceptance of risk and exception to policy process in accordance with industry and regulatory expectations and governance. Ensure all acceptance of risks and exceptions to policy have appropriate governance oversight.
    • Identify, monitor, maintain and refresh key risk indicators and KRI dashboards for the Bank.
    • Prepare, test, and distribute KRI reporting on at least a quarterly basis.
    • Report to the Bank's enterprise risk management Committee and the enterprise risk management committee of the Board.
  • Regulatory Oversight:
    • Oversee compliance with pertinent laws, regulations, and industry norms, pinpointing any compliance or regulatory risks.
    • Stay updated on regulatory changes and industry issues impacting risk exposure and recommend program, policy or procedural adjustments to mitigate the same while supporting strategic aims.
  • Process Improvement & Best Practices:
    • Continually identify and endorse enhancements to risk management processes, adopting industry best practices to improve the organization's risk identification, assessment, and response capabilities.
  • Stakeholder Engagement & Education:
    • Promote a risk-aware culture across the organization through stakeholder engagement and tailored risk management training.
    • Ensure various business areas understand their roles and responsibilities in managing risk.
  • Cross-functional Collaboration:
    • Facilitate cross-departmental cooperation, ensuring a cohesive approach to risk management.
    • Contribute risk management insights to strategic projects, integrating risk considerations into broader decision-making processes.
  • Technology & Data Analysis:
    • Utilize risk management software and data analysis tools to boost risk assessment accuracy and efficiency.
    • Maintain risk indicators and dashboards for real-time risk profile monitoring, supporting proactive risk management strategies.

Qualifications
  • Bachelor's degree in finance, Business Administration, Risk Management, or a related field.
  • Professional certifications (e.g., CRMA, FRM) preferred.
  • Minimum 5 years of experience in enterprise risk management, audit, or a related field.
  • Demonstrated analytical skills, capable of interpreting complex data to derive insights.
  • Strong communication abilities, adept at simplifying complex information for diverse audiences.
  • Effective multitasking and project management skills, thriving in fast-paced environments.
  • Familiarity with risk management frameworks, regulatory standards, and compliance requirements.
  • Proficiency in risk management software and the Microsoft Office Suite.

Any physical demands or work conditions described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable Accommodation may be made to enable individuals with disabilities to perform the essential functions. Employees need to have the ability to:
  • Travel independently to the position's primary work location, other bank properties and work-related activities or events at locations outside the Bank.
  • Effectively communicate and exchange accurate information and ideas so others will understand.
  • Independently 0perate a computer and other office machinery, such as a calculator, copy machine, printer and software programs related to the position needed to complete the primary functions.
  • Sit or stand at a workspace and use a computer or other equipment for prolonged periods of time.
  • Meet the hybrid work schedule requirements for physically working in the office during normal business hours on Mondays and Wednesdays and another day of choice to effectively meet business needs.
  • Move office items weighing up to 35 pounds.
  • Work in an environment with low to moderate noise levels.

SUPERVISORY SCOPE:
While the Enterprise Risk Manager doesn't have direct managerial responsibilities, they play a pivotal role in interfacing with various departments, providing insights, and guiding them on compliance matters.
INDEPENDENT ACTION:
While largely self-directed, the Enterprise Risk Manager exhibits judgement in seeking external guidance or collaboration when confronted with multifaceted or nuanced situations.
BankNewport is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.

Apply