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Managing Director Risk Management Jobs in Boston, MA

Director, Investment Risk

Boston, MA · On-site

$200 - $250/hr

Building upon GW&K's current investment risk management practices, this function will provide ... The Director, Investment Risk will partner closely with investment professionals, Product ...

The Team Leader, Risk Management (TLRM) works with the Commercial Lines teams to assist our larger ... Direct experience is preferred with one or more of the following verticals and all lines of ...

The Team Leader, Risk Management (TLRM) works with the Commercial Lines teams to assist our larger ... Direct experience is preferred with one or more of the following verticals and all lines of ...

Managing Director

Boston, MA · On-site

$325K - $375K/yr

The Managing Director functions as the primary strategic business leader of the hotel. As leader of ... Participates directly in risk management issues and prevention, including legal and workers ...

Showing results 21-40

Managing Director Risk Management information

See Boston, MA salary details

$58.7K

$155.6K

$282.5K

How much do managing director risk management jobs pay per year?

As of Sep 9, 2026, the average yearly pay for managing director risk management in Boston, MA is $155,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,600.00 and $182,000.00 per year, depending on experience, location, and employer.

What does a managing director risk management do?

A Managing Director of Risk Management is responsible for overseeing an organization's risk management strategies and policies. They identify, assess, and mitigate financial, operational, and strategic risks to protect the company's assets and reputation. This role involves leading risk assessment teams, developing risk management frameworks, and ensuring compliance with regulatory requirements. Managing Directors in this field also collaborate with senior leadership to develop business strategies that balance risk and growth objectives.

What are the key skills and qualifications needed to thrive as a managing director risk management?

To thrive as a Managing Director Risk Management, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically an advanced degree in finance, economics, or a related field. Familiarity with risk modeling software, enterprise risk management (ERM) systems, and relevant certifications like FRM or PRM is common. Exceptional leadership, strategic thinking, and persuasive communication skills are vital for influencing stakeholders and guiding teams. These capabilities are crucial for effectively identifying, evaluating, and mitigating complex risks that can impact an organization's stability and growth.

What are some typical challenges a managing director risk management faces when aligning risk strategies with overall business objectives?

A Managing Director of Risk Management often encounters the challenge of balancing comprehensive risk mitigation with the need to support business innovation and growth. Navigating differing priorities among stakeholders, ensuring regulatory compliance across diverse markets, and keeping up with evolving risk landscapes are common hurdles. Success in this role requires strong communication and negotiation skills to align risk strategies with the organization’s broader goals, while fostering a collaborative environment among executive leadership and risk teams.

What is the difference between Managing Director Risk Management vs Chief Risk Officer?

AspectManaging Director Risk ManagementChief Risk Officer
CredentialsAdvanced degrees in finance, risk management certifications (FRM, PRM)Same as Managing Director Risk Management, often with extensive experience
Work EnvironmentExecutive leadership in financial institutions, corporationsCorporate headquarters, risk management departments
Industry UsageCommon in banking, insurance, large corporationsUsed interchangeably with Managing Director Risk Management in many firms

The Managing Director Risk Management and Chief Risk Officer roles often overlap in credentials, work environment, and industry usage. While titles may differ, both focus on overseeing risk strategies at an executive level, ensuring organizational risk is managed effectively.

What does a managing director risk management make?

A managing director in risk management typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the industry, company size, and location. They often receive bonuses and benefits, and their compensation reflects their experience and leadership responsibilities in overseeing risk strategies and compliance.
Infographic showing various Managing Director Risk Management job openings in Boston, MA as of September 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 82% In-person, 12% Hybrid, and 6% Remote job distribution, with an average salary of $155,556 per year, or $74.8 per hour.

Risk Management Specialist

Boston, MA • On-site

Boston Medical Center
Hospitals • 1 - 5K employees

$78K - $113K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 22 days ago


Boston Medical Center rating

7.0

Company rating: 7.0 out of 10

Based on 109 frontline employees who took The Breakroom Quiz

506th of 1,066 rated hospitals


Job description

POSITION SUMMARY:

The Risk Management Specialist is responsible for the overall management of potential risks and liabilities within Boston Medical Center (BMC) and serves as a role model displaying behaviors that support a strong culture of safety. The Risk Management Specialist responds to patient harm events, learns from individual cases, identifies risk trends, and actively educates leaders, administrators, clinicians and staff regarding methods to maximize patient safety and simultaneously reduce professional liability claims.

This hybrid position requires onsite presence 3 days a week and on-call coverage each month.

Position: Risk Management Specialist

Department: Risk Management

Schedule: 40 hours

Essential Responsibilities/Duties

1. Event Intake & Triage

  • Receives and reviews adverse event reports (computerized + phone)
  • Manages intake and ensures timely follow-up
  • Identifies sentinel events (SREs)
  • Provides initial response guidance to staff
  • Participates in on-call system

2. Investigation & Case Management

  • Leads investigations (interviews, medical record review)
  • Manages event reviews to meet 30-day completion
  • Prepares investigation reports
  • Collects documentation for claims defense
  • Leads/coordinates high reliability collaborative case reviews
  • Provides feedback to reporters

3. Data Management & Analytics

  • Maintains RL Solutions database
  • Tracks and analyzes adverse event data
  • Reviews aggregate data for trends
  • Identifies risk-prone processes and safety gaps
  • Supports QA/RM databases for committee review

4. Regulatory & Compliance Reporting

  • Reports to external agencies (DPH, DMH, CMS, BORIM QPS)
  • Assists with regulatory surveys and responses
  • Ensures compliance with Safe Medical Devices Act (recalls)
  • Keeps current with regulatory/legislative changes

5. Risk Mitigation & Legal Coordination

  • Refers cases to Claims to reduce liability
  • Partners with General Counsel on legal matters
  • Works with Patient Advocacy on risk/legal issues
  • Supports defense preparation for claims

6. Patient Safety & Quality Improvement

  • Collaborates with Quality & Patient Safety staff on action plans
  • Designs interventions to prevent errors
  • Monitors action plans post-SREs
  • Identifies health equity gaps

7. Policy Development & Program Support

  • Reviews and develops hospital policies
  • Supports department-specific safety programs
  • Ensures communication of RM policies

8. Education, Communication & Collaboration

  • Educates staff on risk management, patient safety and liability reduction

JOB REQUIREMENTS

EDUCATION:

  • Bachelor's Degree required.
  • Concentration in nursing, science or other healthcare related field preferred.
  • Advanced degree (i.e., JD, master's) preferred.

CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED:

  • RN or other clinical background preferred.

EXPERIENCE:

  • Minimum of 2 years in risk management/patient safety/quality improvement.

KNOWLEDGE, SKILLS & ABILITIES (KSA):

  • Prior risk management or related experience in a healthcare setting required; knowledge of medical malpractice, healthcare law, and healthcare terminology preferred.
  • Must have interpersonal skills necessary to deal effectively with administrative and clinical leadership, staff, clinical chairpersons, and other healthcare professionals.
  • Ability to effectively interview individuals and groups from diverse professional backgrounds.
  • Ability to maintain confidentiality and handle matters of sensitive nature.
  • Ability to collect event information and organize into a coherent narrative.
  • Basic command of data management and analysis required.
  • Highly self-motivated. Ability to manage multiple projects simultaneously and adhere to work deadlines.
  • Ability to inspire trust and be seen as someone who provides support and assistance.
  • Excellent verbal and written communication skills.
  • Excellent presentation skill including ability to speak before large audiences and prepare and provide presentations.
  • Excellent computer skills including Microsoft Office; ability to learn new computer applications such as adverse event reporting software (RL Solutions).
  • Occasionally needed to work irregular hours or additional hours for on-call purposes.
  • Demonstrates flexibility and adaptability as role may evolve e in a changing environment.

Compensation Range:

$78,000.00- $113,000.00

This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensures as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market-competitiveness. In addition, BMCHS offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), discretionary annual bonuses and merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family well-being.

NOTE: This range is based on Boston-area data, and is subject to modification based on geographic location.

Equal Opportunity Employer/Disabled/Veterans

According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or "apps" job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.


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About Boston Medical Center

Sourced by ZipRecruiter

Boston Medical Center (BMC) is more than a hospital. It's a network of support and care that touches the lives of hundreds of thousands of people in need each year. It is the largest and busiest provider of trauma and emergency services in New England. Emphasizing community-based care, BMC is committed to providing consistently excellent and accessible health services to all-and is the largest safety-net hospital in New England. The hospital is also the primary teaching affiliate of the nationally ranked Boston University School of Medicine (BUSM) and a founding partner of Boston HealthNet - an integrated health care delivery systems that includes many community health centers. Join BMC today and help us achieve our Vision 2030 which is a long-term goal to make Boston the healthiest urban population in the world.

Industry

Hospitals

Company size

1,001 - 5,000 Employees

Headquarters location

Boston, MA, US

Year founded

1996