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Market Risk Manager Jobs in Ohio (NOW HIRING)

Partner with Risk Management, Credit Risk, Quantitative Analytics, Data Engineering, and Infrastructure teams. * Develop an understanding of market risk concepts such as: * Value at Risk (VaR)

Escalates highest risk customers to Executive management * Perform ad-hoc analysis of customer ... market while building a meaningful and rewarding career focused on scientific excellence and ...

Escalates highest risk customers to Executive management * Perform ad-hoc analysis of customer ... market while building a meaningful and rewarding career focused on scientific excellence and ...

We are the leading provider of professional services to the middle market globally, our purpose is ... Manage a diverse portfolio of client work, ensuring profitability and risk management * Mentor ...

We are the leading provider of professional services to the middle market globally, our purpose is ... Manage a diverse portfolio of client work, ensuring profitability and risk management * Mentor ...

Knowledge of market risk concepts such as VaR, sensitivities, and stress testing . * Experience with incident management, root-cause analysis, automation, and operational resilience. Success in this ...

Credit market dislocations * Correlated counterparty failures * Translate stress-testing results into strategic risk management and capital planning insights. Independent Review & Challenge * Provide ...

Knowledge of various model types, including credit risk, market risk, and liquidity risk models. * Knowledge of regulatory guidelines and industry standards for model risk management, such as AB 2013 ...

Showing results 21-40

Market Risk Manager information

See Ohio salary details

$49K

$106.1K

$161.6K

How much do market risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for market risk manager in Ohio is $106,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,600.00 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.

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 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.

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.

Do market risk managers make good money?

Market risk managers typically earn competitive salaries that vary based on experience, location, and industry. According to industry reports, median salaries range from $80,000 to over $150,000 annually, with higher earnings possible for those with advanced certifications like FRM or CFA and extensive experience. Bonuses and benefits can also significantly increase total compensation in this role.

What cities in Ohio are hiring for Market Risk Manager jobs?

Cities in Ohio with the most Market Risk Manager job openings:

Infographic showing various Market Risk Manager job openings in Ohio as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $106,056 per year, or $51 per hour.

Risk Manager, Emerging Technology Risk

Brooklyn, OH • On-site

Keybank
Banking and Credit Intermediation • 10K+ employees

Full-time

Re-posted 2 days ago


KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

54th of 176 rated banks


Job description

Location:

4910 Tiedeman Road, Brooklyn Ohio

Position Location Policy

Hybrid Requirement (if within specific cities): If the selected candidate resides in Cleveland, OH, Buffalo, NY, or Albany, NY, are expected to work on-site 3 days per week at the nearest location.

JOB BRIEF (PURPOSE)

The Risk Manager, Emerging Technology Risk serves as a key member of the first line Risk team within the Commercial Bank, with responsibility for executing and overseeing governance activities related to the Commercial lending portfolio, including Middle Market and Financial Sponsor relationships.

The role is accountable for establishing, managing, and enhancing governance processes that support effective technology risk management, responsible AI adoption, operational resilience, regulatory readiness, and sustained control performance. This includes partnering closely with business, technology, information security, cybersecurity, model risk, operations, and other risk partners to identify, measure, monitor, and manage risks associated with new or modified Commercial Bank digital and technology systems, including AI-enabled capabilities.

The position requires strong ability to assess emerging risks, translate complex technology and AI concepts into clear business risk narratives, challenge control design, identify automation opportunities, and support disciplined innovation within risk appetite. The ideal candidate brings experience operating in a highly regulated environment, with strong governance, risk assessment, project management, communication, and analytical capabilities, as well as practical knowledge of technology risk, AI risk governance, control design, and operational resilience expectations.

ESSENTIAL JOB FUNCTIONS

  • Provide first line oversight of technology, cybersecurity, digital platform, and AI-related risks impacting the Commercial Bank.
  • Lead and facilitate risk assessments for new technology initiatives, system enhancements, and AI use cases to ensure risks are identified and managed within risk appetite.
  • Evaluate control effectiveness and identify opportunities to strengthen and automate controls across Commercial Bank processes, building from ideation to implementation.
  • Monitor technology incidents, system outages, model breakdowns, and operational disruptions; assess impacts and support remediation efforts.
  • Partner with business, technology, information security, cybersecurity, operations, and risk teams to enhance governance, controls, and operational resilience.
  • Assess and challenge AI use cases, including risks related to data protection, model accuracy, fairness, security, regulatory compliance, and responsible use.
  • Develop and maintain governance processes, risk assessments, dashboards, reporting, and executive-level materials related to technology and AI risk.
  • Support technology change management activities by ensuring risks, controls, and regulatory requirements are appropriately addressed during implementations and enhancements.
  • Serve as the first line liaison for regulatory exams, audits, issue management, and independent reviews related to technology, AI, and operational risk.
  • Identify emerging technology and AI risks, recommend mitigation strategies, and drive continuous improvement of risk management, governance, and control frameworks.

REQUIRED QUALIFICATIONS

  • Bachelor's degree required; industry experience preferred
  • Experience in risk management, first line of risk, governance, or risk oversight
  • Working Knowledge of Technology / Artificial Intelligence Risk Governance knowledge
  • Experience working in a highly regulated industry, preferably Banking or Financial Services
  • Knowledge of technology risk, cybersecurity risk, digital platform risk, operational resilience, and control design principles
  • Experience in utilizing technology to implement automated business solutions
  • Experience evaluating control design and effectiveness, including manual versus automated controls and automation opportunities
  • Experience supporting or interacting with regulatory exams, internal audits, or control reviews
  • Advanced proficiency in Excel, Python, and SQL; experience with Salesforce and PowerPoint preferred
  • Strong project management experience with ability to manage multiple initiatives, stakeholders, and competing priorities
  • Strong ability to analyze data, synthesize insights, and develop clear, concise narratives
  • Experience with reporting, analytics, governance, workflow, or GRC platforms.
  • Excellent communication skills, including demonstrated ability to partner effectively, build networks, and influence across functions

PREFERRED QUALIFICATIONS

  • Experience supporting technology, digital, or AI related risk initiatives within a Commercial Bank or Financial Services environment
  • Experience supporting regulatory exams, audits, issue management, or remediation activities
  • Experience with model risk management, model inventory governance, model breakdown assessments, or remediation oversight
  • Professional certifications related to risk, technology, cybersecurity, AI governance, audit, or project management (preferred but not required)

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 09/04/2026 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849