ZipRecruiter

Log In

1

Portfolio Risk Management Jobs (NOW HIRING)

Northern Bank

Portfolio Manager

Woburn, MA · On-site

$70K - $95K/yr

Participate in ongoing process improvement and portfolio risk management initiatives. * Leverage productivity, analytical, and automation/AI‑enabled tools to improve efficiency, consistency, and ...

next page

Showing results 1-20

People also search for

All JobsPortfolio Risk Management Jobs

Portfolio Risk Management information

See salary details

$51.5K

$111.6K

$170K

How much do portfolio risk management jobs pay per year?

As of Jun 4, 2026, the average yearly pay for portfolio risk management in the United States is $111,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 per year, depending on experience, location, and employer.

What is a Portfolio Risk Management job?

A Portfolio Risk Management job involves identifying, assessing, and mitigating risks associated with investment portfolios. Professionals in this role analyze market trends, credit exposure, liquidity risks, and other factors that could impact portfolio performance. They use quantitative models, stress testing, and risk metrics to ensure the portfolio aligns with the organization's risk appetite. The goal is to maximize returns while minimizing potential losses. This role is commonly found in asset management firms, hedge funds, banks, and financial institutions.

What are the key skills and qualifications needed to thrive in the Portfolio Risk Management position, and why are they important?

To thrive in Portfolio Risk Management, you need strong analytical skills, a solid understanding of financial markets, quantitative modeling, and typically a degree in finance, economics, mathematics, or a related field. Experience with risk management software, data analytics platforms like Excel, SAS, or Python, and certifications such as FRM or CFA are highly valued. Exceptional attention to detail, effective communication, and the ability to collaborate across departments set top candidates apart. These skills are critical for accurately assessing risk, informing investment strategies, and ensuring the long-term stability of portfolios.

What are the main challenges faced in a Portfolio Risk Management role?

One of the main challenges in Portfolio Risk Management is staying ahead of rapidly changing market conditions and identifying potential risks before they impact investment portfolios. Professionals in this role must regularly analyze large volumes of data, assess new financial instruments, and respond quickly to economic or geopolitical events. Collaboration with portfolio managers, traders, and compliance teams is essential to ensure that risk controls align with organizational goals. The dynamic nature of financial markets keeps the role intellectually stimulating and offers ongoing opportunities for professional growth and skill development.
More about Portfolio Risk Management jobs
What are the most commonly searched types of Portfolio Risk Management jobs? The most popular types of Portfolio Risk Management jobs are:
What states have the most Portfolio Risk Management jobs? States with the most job openings for Portfolio Risk Management jobs include:
What job categories do people searching Portfolio Risk Management jobs look for? The top searched job categories for Portfolio Risk Management jobs are:
Portfolio Risk Management jobs near you
Infographic showing various Portfolio Risk Management job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 91% Full Time, 4% Part Time, 3% Temporary, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.
Portfolio Manager

Portfolio Manager

Northern Bank

Woburn, MA • On-site

$70K - $95K/yr

Full-time

Posted 28 days ago

Job description

SUMMARY/OBJECTIVE:
The Portfolio Manager is responsible for the ongoing credit risk oversight and portfolio management of the Bank’s commercial lending relationships. This role independently analyzes borrower financial performance, credit structure, compliance, and risk trends to assess the quality of existing credits. The Portfolio Manager develops well‑supported conclusions and delivers concise, executive‑level reporting to support proactive risk management, policy adherence, and informed credit decision‑making.
ESSENTIAL FUNCTIONS:
Credit Analysis & Risk Oversight
  • Independently underwrite and review existing commercial lending relationships of medium‑to‑high complexity in accordance with Bank credit policy.
  • Analyze borrower financial statements, global cash flow, collateral, guarantor support, and covenant compliance to assess ongoing credit risk.
  • Validate risk ratings and identify credit migration, weaknesses, and early warning indicators.
Portfolio Monitoring & Administration
  • Monitor the commercial loan portfolio, including delinquencies, covenant exceptions, past‑due trends, maturity tracking, line of credit renewals, and construction status reporting.
  • Complete annual reviews and letter of credit and line of credit renewals in a timely and accurate manner.
  • Ensure accurate and complete credit file documentation and maintain document management records for commercial relationships.
  • Manage the process to request, collect, and store borrower financial and credit‑related documentation.
Risk Governance & Reporting
  • Assess adherence to internal credit policies and loan administration procedures; maintain working knowledge of applicable State and Federal regulations.
  • Provide independent challenge and insight on deteriorating credits, and risk ratings.
  • Identify emerging credit risk trends and concentration risks across the commercial portfolio.
  • Deliver concise, executive‑level reporting on portfolio risk, trends, and problem assets.
Collaboration & Continuous Improvement
  • Partner with Lending, Credit Risk, Legal, Finance, and Operations to support proactive risk mitigation strategies.
  • Participate in ongoing process improvement and portfolio risk management initiatives.
  • Leverage productivity, analytical, and automation/AI‑enabled tools to improve efficiency, consistency, and insight while adhering to Bank governance and model risk standards.
JOB QUALIFICATIONS:
  • Bachelor’s degree in Business, Finance, Accounting, or a related field required; equivalent experience may be considered.
  • Strong analytical skills with the ability to exercise independent judgment and develop defensible credit conclusions.
  • Advanced proficiency in Microsoft 365, with strong Excel and Word skills and the ability to analyze, summarize, and present complex credit information clearly.
  • Familiarity with productivity, automation, or AI‑enabled tools used in financial analysis, reporting, or workflow efficiency.
  • Excellent written and verbal communication skills, including the ability to present concise, well‑supported credit assessments to senior management.
  • Demonstrated ability to manage multiple priorities, meet recurring deadlines, and adapt to evolving portfolio risk conditions.
The annual salary range for the Portfolio Manager is $70,000 - $95,000 per year.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).

Powered by JazzHR

Rl5gSTs7Vv