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Market Risk Manager Jobs in California (NOW HIRING)

The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

Analyze economic drivers of project risk, including market conditions, labor and commodity trends ... Ability to manage challenging behaviors and maintain effective working relationships based on ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

Analyze economic drivers of project risk, including market conditions, labor and commodity trends ... Ability to manage challenging behaviors and maintain effective working relationships based on ...

Credit Risk Manager

Los Angeles, CA · Hybrid

$170K - $223K/yr

The Growth and Middle-Market Technology Banking team at MUFG covers the most exciting venture ... Oversee portfolio management activity and assume accountability for delivery and execution for the ...

Security Risk Manager

San Francisco, CA · Hybrid

$194K - $220K/yr

As the Security Risk Manager, you will own Asana's internal security risk management program end-to ... The actual base salary will vary based on various factors, including market and individual ...

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Showing results 1-20

Market Risk Manager information

See California salary details

$50.8K

$110.1K

$167.8K

How much do market risk manager jobs pay per year?

As of Jul 5, 2026, the average yearly pay for market risk manager in California is $110,095.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,800.00 and $127,300.00 per year, depending on experience, location, and employer.

What does a Market Risk Manager do?

A Market Risk Manager is responsible for identifying, assessing, and mitigating risks that arise from fluctuations in market variables such as interest rates, foreign exchange rates, and equity prices. They analyze trading portfolios, conduct stress tests, and develop risk management strategies to protect their organization from potential losses. Additionally, Market Risk Managers work closely with traders, analysts, and senior management to ensure that market risks are understood and maintained within acceptable levels.

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

To thrive as a Market Risk Manager, you need strong quantitative analysis skills, a background in finance or economics, and often an advanced degree such as an MBA or CFA. Familiarity with risk management software (like Value-at-Risk models), statistical tools, and financial systems such as Bloomberg Terminal is typically required. Excellent problem-solving, communication, and decision-making skills set standout candidates apart in this highly analytical role. These capabilities are crucial for accurately assessing market risks, supporting sound investment decisions, and ensuring regulatory compliance in dynamic financial environments.

How does a Market Risk Manager typically collaborate with other departments within a financial institution?

A Market Risk Manager works closely with various departments such as trading, treasury, and compliance to monitor and mitigate potential risks in the institution’s portfolio. They often consult with traders to understand new products and exposures, coordinate with IT teams to enhance risk management systems, and report findings to senior management and regulatory bodies. Regular communication and collaboration are essential to ensure all teams are aligned in managing risk effectively and responding promptly to market developments.

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

AspectMarket Risk ManagerCredit Risk Analyst
Required CredentialsBachelor's degree, often CFA or FRMBachelor's degree, often CFA or FRM
Work EnvironmentFinancial institutions, trading floors, risk departmentsBanks, lending institutions, credit departments
Employer & Industry UsageUsed in investment banks, asset managers, hedge fundsUsed in commercial banks, credit agencies, lending firms
Common Search & ComparisonOften compared for risk management roles in financeCompared for credit analysis roles

The Market Risk Manager focuses on identifying and managing risks related to market fluctuations, such as interest rates and stock prices. In contrast, the Credit Risk Analyst assesses the creditworthiness of borrowers to mitigate default risk. Both roles require similar credentials and are vital in financial institutions, but they specialize in different risk areas.

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

AVP, Market Risk

Western Alliance Bancorporation

Westlake Village, CA • On-site

$100K - $123K/yr

Full-time

Medical, Dental, Retirement

Posted 16 days ago


Job description

Job Title:
AVP, Market Risk
Location:
CA - Westlake Village
What you'll do:
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ideal for a candidate eager to contribute to Capital Markets, working alongside business lines across the company to assist with risk analytics, help optimize hedging strategies, and support transparent reporting on portfolio performance and risk exposures.
  • Support the ongoing valuation, risk management and reporting on Amerihome's MSR and EBO portfolios under the guidance of senior team members.
  • Assist in developing and implementing strategies to improve valuation accuracy, hedging effectiveness, and portfolio management, with opportunities for learning and skill development.
  • Help build statistical and quantitative models to measure and manage interest rate risk, participating in training and collaborative projects.
  • Assist with risk and performance reporting for senior management, learning to communicate portfolio dynamics, hedging effectiveness, and emerging risks clearly.
  • Participate in the continuous improvement of risk infrastructure, analytics, and reporting processes, gaining exposure to industry best practices.

What you'll need:
  • 3+ years of related experience in Market Risk Management or Capital Markets or similar field.
  • Bachelor's degree or equivalent experience required; Masters or MBA in related field preferred.
  • Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate knowledge of fixed income markets, including mortgage cash flows, interest rate risk, prepayment and delinquency modeling.
  • Intermediate to advanced proficiency with Polypaths or comparable risk management platforms, as well as Bloomberg, SQL, VBA, and Python. Hands-on experience trading TBAs, interest rate swaps, and futures.
  • Advanced speaking and writing communication skills.
  • CFA designation a plus but not required.

Compensation: Salary range for new hires is generally $100,370.00 - $123,983.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.
Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation