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Manager Risk Manager Jobs in Summit, NJ (NOW HIRING)

Risk Manager

New York, NY

$175K - $275K/yr

The Role We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk ...

Risk Manager

New York, NY · On-site

$175K - $275K/yr

The Role We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk ...

Manager, Risk (Insurance)

Manhattan, NY · On-site

$120K - $145K/yr

Manager, Risk Job Type: Exempt Salaried, Full-Time Location: New York, NY (office onsite) Reports To: Director, Finance Department: Finance About Us TerraForm Power ("TERP"), a platform company of ...

This job leads complex projects related to risk management, collaborates with teams to identify risks, develops strategies for risk mitigation, assesses business trends, and drives global process ...

Manager, Risk Strategy

New York, NY · Hybrid

$110K - $150K/yr

We are seeking a bright and resourceful Manager to join our Credit Strategy team. As a critical member of the team, you will establish credit strategies in-line with our risk appetite and provide ...

Manager, Risk Strategy

New York, NY · On-site

$110K - $150K/yr

We are seeking a bright and resourceful Manager to join our Credit Strategy team. As a critical member of the team, you will establish credit strategies in-line with our risk appetite and provide ...

Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.

The Insurance Risk Manager works closely with AIG's business units internally and externally with brokers, vendors and nonaffiliated insurance companies to transfer the risk of loss by purchasing ...

Summary The Insurance Risk Manager helps guide the company's insurance and risk management program, working closely with brokers and internal partners to support coverage planning and renewals. The ...

Risk Management The Risk Manager I manages the creation, implementation and validation of various risk segmentation strategies including, but not limited to: adjudication, account management ...

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Showing results 1-20

Manager Risk Manager information

See Summit, NJ salary details

$24.4K

$65.2K

$108.9K

How much do manager risk manager jobs pay per year?

As of Jun 22, 2026, the average yearly pay for manager risk manager in Summit, NJ is $65,191.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,800.00 and $73,300.00 per year, depending on experience, location, and employer.

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 job categories do people searching Manager Risk Manager jobs in Summit, NJ look for? The top searched job categories for Manager Risk Manager jobs in Summit, NJ are:
What cities near Summit, NJ are hiring for Manager Risk Manager jobs? Cities near Summit, NJ with the most Manager Risk Manager job openings:

$175K - $275K/yr

Other

Posted 11 days ago


Job description

The Role

We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk management, specifically within convertible bonds. A successful candidate will help to oversee risk assessments, develop risk management strategies, and ensure effective risk monitoring and reporting.

What you'll do

Key responsibilities will include:

  • Risk Assessment: Conduct comprehensive risk assessments for convertible bonds to identify potential risks and develop mitigation strategies.
  • Risk Management: Develop and implement risk management frameworks and strategies to manage and mitigate risks associated with credit products.
  • Monitoring and Reporting: Monitor risk exposures and market conditions, providing regular reports and updates to senior management and stakeholders.
  • Collaboration: Work closely with cross-functional teams, including trading and portfolio management, to integrate risk management practices into business operations.
  • Data Analysis: Utilize quantitative and qualitative data analysis to support risk management decisions and strategy development.

What you'll bring
What you need:

  • Experience: 5-10 years of experience in risk management, with a focus on convertible bonds.
  • Technical Skills: Strong analytical skills and proficiency in risk management tools and software, with expertise in Python (preferred, not necessary).
  • Industry Knowledge: In-depth knowledge of the convertibles market.
  • Communication: Excellent communication and interpersonal skills, with the ability to present complex information clearly and concisely.
  • Education: Bachelor's degree in Finance, Economics, or a related field; advanced degree or professional certification (e.g., CFA, FRM) is a plus.

Who we are  
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

Our Culture
At Schonfeld, we'll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas-at all levels-to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm's walls.

The base pay for this role is expected to be between $175,000 and $275,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.

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