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Manager Risk Manager Jobs in Honolulu, HI (NOW HIRING)

The position manages and coordinates critical risk management processes, including risk assessments, issue management, risk monitoring, and governance activities, while helping ensure alignment with ...

Risk Manager

Honolulu, HI · On-site

$96K - $168K/yr

The position manages and coordinates critical risk management processes, including risk assessments, issue management, risk monitoring, and governance activities, while helping ensure alignment with ...

Manager Audit

Honolulu, HI

$102K - $134K/yr

Minimum 6 to 8 years of audit experience in financial services or with a regulatory agency; and demonstrated expertise in credit risk management including commercial and/or retail lending, credit ...

Manager Audit

Honolulu, HI · On-site

$96K - $168K/yr

Leads audits using a risk-based approach, ensuring all phases-from planning to issue management-are executed effectively. Acts as the Internal Audit (IA) subject matter expert on credit-related ...

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Manager Risk Manager information

See Honolulu, HI salary details

$22.7K

$60.6K

$101.2K

How much do manager risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for manager risk manager in Honolulu, HI is $60,591.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,500.00 and $68,100.00 per year, depending on experience, location, and employer.

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.

Full-time

Posted 8 days ago


Bank Of Hawaii rating

7.0

Company rating: 7.0 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

126th of 171 rated banks


Job description

As an Individual Contributor, this role serves as a key risk management advisor and partner to business leadership in the execution and ongoing enhancement of first-line risk management activities within the business unit. The position manages and coordinates critical risk management processes, including risk assessments, issue management, risk monitoring, and governance activities, while helping ensure alignment with enterprise risk management frameworks, regulatory requirements, and organizational objectives. This role provides subject matter expertise and independent risk insights to support sound decision-making and a strong risk management culture.

  • Bachelor's degree in business administration, finance, accounting, risk management, or a related field. Equivalent work experience or certification(s) may be considered in lieu of degree.
  • Minimum 8 years of experience in risk management, internal or external audit, preferably in banking or financial services industry.
  • Proficient with Microsoft Office applications.
  • Advanced knowledge and skill proficiency in bank acumen, business acumen, continuous improvement, corporate governance, cross-functional collaboration, customer experience, decision making & judgement, financial risk management, laws & regulations, operational risk management, regulatory compliance, risk audit, and risk management.
  • Intermediate knowledge and skill proficiency in model risk management, risk governance, and strategic thinking.
  • Demonstrates strong analytical and critical thinking abilities, excellent written and verbal communication skills, and the ability to effectively influence stakeholders across all organizational levels. Must possess exceptional organizational skills, attention to detail, adaptability, and the ability to manage multiple priorities concurrently. 
  • Demonstrates initiative, professionalism, intellectual curiosity, and a commitment to continuous learning and maintaining awareness of industry trends, emerging risks, regulatory requirements, and evolving risk management practices.

As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.
Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii.  We listen, understand and deliver what our customers need to help them build a better tomorrow.
We are an EEO/AA employer, including disability and veterans.  For Bank of Hawaii's full EEO statement, please visit  https://www.boh.com/careers.
 

  • Risk Assessment and Control Management: Manages the execution and ongoing enhancement of risk and control self-assessment (RCSA) activities, including risk identification, control evaluations, business process mapping, and inherent and residual risk assessments. Ensures alignment with enterprise risk management frameworks, standards, and guidance while promoting effective risk and control practices across the business unit.

  • Risk Evaluation and Change Management: Oversees and facilitates risk assessments for new initiatives, services, technologies, process changes, and strategic projects. Partners with stakeholders to identify risks, evaluate controls, develop mitigation strategies, and perform post-implementation reviews, as appropriate, to validate effectiveness.

  • Issue Management and Risk Mitigation: Manages tracking, escalation, and remediation of regulatory, audit, risk management, and self-identified issues. Partners with stakeholders to perform root cause analyses, develop sustainable corrective action plans, monitor remediation progress, and validate issue resolution activities.

  • Risk Monitoring and Reporting: Develops and maintains key risk indicators (KRIs), early warning indicators (EWIs), and other risk metrics used to monitor the business risk profile. Prepares and delivers risk reporting, analysis, and insights regarding risk exposures, emerging risks, and remediation activities to support management decision-making and governance oversight.

  • Risk Governance and Continuous Improvement: Drives enhancements to risk management processes, reporting capabilities, data quality, and technology utilization. Supports implementation of enterprise risk initiatives and serves as a resource to business partners on regulatory developments, emerging risks, and leading risk management practices.

  • Performs other responsibilities and duties as assigned.


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