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Professional Risk Manager Jobs in Massachusetts (NOW HIRING)

Citizens

First Line Risk Senior Manager

Westwood, MA · Hybrid

$115K - $145K/yr

Preferred Certifications - Certified Internal Auditor (CIA), Certified Risk Professional (CRP ... Compliance Manager (CRCM) Hours and Work Schedule: Hybrid (4 days in office, 1 day remote ...

Citizens

First Line Risk Sr Manager

Boston, MA

Description Consumer Banking Risk Management has an immediate opening for a First Line Risk Senior ... professionally! Job requirements * Actively engage in the identification, and mitigation of ...

Citizens

First Line Risk Sr Manager

Boston, MA

Description Consumer Banking Risk Management has an immediate opening for a First Line Risk Senior ... professionally! Job requirements * Actively engage in the identification, and mitigation of ...

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All JobsProfessional Risk JobsProfessional Risk Manager JobsProfessional Risk Manager Jobs in Massachusetts

Professional Risk Manager information

See Massachusetts salary details

$56.2K

$121.8K

$185.7K

How much do professional risk manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for professional risk manager in Massachusetts is $121,833.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $140,900.00 per year, depending on experience, location, and employer.

What is the difference between Professional Risk Manager vs Risk Analyst?

AspectProfessional Risk ManagerRisk Analyst
CertificationsFRM, PRMCFA, FRM (optional)
Work EnvironmentStrategic, managerial, decision-making roles in finance, insurance, or corporate sectorsData analysis, risk assessment, reporting in finance or banking
Employer & Industry UsageFinancial institutions, corporations, consulting firmsBanks, investment firms, insurance companies

The Professional Risk Manager typically holds strategic responsibilities, focusing on risk policies and mitigation strategies, often requiring certifications like FRM or PRM. Risk Analysts primarily perform data-driven risk assessments and reporting. While both roles work within the risk management field, the Professional Risk Manager has a broader scope involving decision-making and policy development, whereas Risk Analysts focus on analyzing data to inform those decisions.

What does a professional risk manager do?

A professional risk manager identifies, assesses, and prioritizes potential risks that could impact an organization’s assets, operations, or reputation. They develop strategies to mitigate or manage these risks, often using tools like risk assessment frameworks and data analysis, and may hold certifications such as FRM or PRM. Their work involves continuous monitoring and reporting to ensure organizational resilience against financial, operational, or strategic threats.

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

To thrive as a Professional Risk Manager, you need a strong background in risk assessment, financial analysis, and regulatory compliance, often supported by a degree in finance or a related field and certifications like PRM or FRM. Proficiency with risk management software, quantitative modeling tools, and enterprise risk management (ERM) systems is typically required. Outstanding analytical thinking, attention to detail, and effective communication skills set successful risk managers apart. These skills and qualifications are crucial for accurately identifying, assessing, and mitigating risks that could impact an organization's objectives and stability.

What jobs pay 500,000 a year in the US?

In the US, high-paying roles such as senior investment bankers, hedge fund managers, and top executives in finance and technology can earn $500,000 or more annually. These positions often require advanced degrees, extensive experience, and strong negotiation skills, with compensation frequently including bonuses and stock options.

How much does a risk manager get paid?

A risk manager's salary varies based on experience, industry, and location, but the median annual salary in many regions ranges from $80,000 to $130,000. Professionals with certifications like FRM or CRM and strong analytical skills tend to earn higher salaries, especially in financial services and corporate risk management environments.

What jobs make $1,000,000 a year?

In the field of professional risk management, high-level roles such as Chief Risk Officer or senior risk executives in large financial institutions can earn annual compensation approaching or exceeding $1 million, especially with bonuses and incentives. These positions typically require extensive experience, advanced certifications like FRM or CFA, and leadership in complex financial environments.

How does a Professional Risk Manager typically collaborate with other departments within an organization?

Professional Risk Managers work closely with teams across the organization, including finance, operations, compliance, and executive leadership. They facilitate communication to identify, assess, and prioritize potential risks, ensuring that all business units understand and adhere to risk mitigation strategies. Regular meetings and cross-functional projects are common, fostering a collaborative environment where risk insights inform decision-making. This collaborative approach helps to create a proactive risk culture and supports the organization’s overall objectives.
What are popular job titles related to Professional Risk Manager jobs in Massachusetts? For Professional Risk Manager jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Professional Risk Manager jobs in Massachusetts look for? The top searched job categories for Professional Risk Manager jobs in Massachusetts are:
What cities in Massachusetts are hiring for Professional Risk Manager jobs? Cities in Massachusetts with the most Professional Risk Manager job openings:
Professional Risk Manager jobs near you
Infographic showing various Professional Risk Manager job openings in Massachusetts as of July 2026, with employment types broken down into 79% Full Time, 18% Part Time, 2% Temporary, and 1% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $121,833 per year, or $58.6 per hour.
Senior Risk Management Specialist

Senior Risk Management Specialist

Boston Medical Center

Boston, MA • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 11 days ago

Boston Medical Center rating

7.1

Company rating: 7.1 out of 10

Based on 106 frontline employees who took The Breakroom Quiz

452nd of 1,020 rated hospitals

Job description

POSITION SUMMARY:
The Senior Risk Management Specialist provides leadership in risk management by promoting the highest level of quality care to the patients, ensuring regulatory compliance and mitigating malpractice risk through loss prevention.
The Senior Risk Management Specialist is responsible for participating in the development, implementation, and coordination of a highly visible, proactive institution-wide program to maximize the safety of services delivered to BMC patients. As a leader in Quality and Patient Safety, this individual serves as a departmental and organization-wide role model displaying behaviors that support a strong culture of safety.
This hybrid position requires onsite presence 3 days a week and on-call coverage each month.
Position: Senior Risk Management Specialist
Department: Risk Management
Schedule: Full Time
ESSENTIAL RESPONSIBILITIES / DUTIES:
  • Collaborates with QPS leadership, the Chief Quality Officer, Director of Risk Management and the Director of Patient Safety to support the Quality and Patient Safety Program by being a resource for areas such as error detection and prevention, and facilitating Root Cause Analysis (RCA) projects.
  • Collaborates in ongoing regulatory readiness activities and functions as a member of the onsite survey management team during regulatory surveys by the Department of Public Health (DPH) and the Centers for Medicare and Medicaid Services (CMS).
  • Demonstrates expertise in investigating and analyzing actual and potential patient/visitor safety events (near-misses) for improvement opportunities and for the potential for legal action.
  • Activities include, but are not limited to: chart review, staff/provider interviews, policy review, best practice research, and observation activities.
  • Coordinates risk and safety management training for providers, management, and staff to enhance awareness of their role in patient safety, risk reduction, and safety event reporting.
  • Participates in the "on call" system to provide immediate consultation, recommendations and mitigation to hospital staff in responding to adverse events.
  • Utilizes an electronic database for tracking patient safety events.
  • Participates in activities to use this database to identify trends and opportunities to improve patient safety.
  • Facilitates case management of the incident reporting system.
  • Actively collaborates with Quality and Patient Safety staff to identify and mitigate local and organizational trends that impact patient safety and to support implementation of safer processes and systems of care.
  • Actively collaborates with Claims Department to assist BMC efforts to minimize legal/financial liability.
  • Interacts with wide variety of personnel throughout BMC including administration, clinicians, staff, senior management and Department Chairpersons.
  • Actively participates in clinical case review and case learning committees.
  • Facilitates committee operations as assigned.
  • Demonstrates expertise in drafting reports for regulatory agencies.
  • Mentors Risk Management Specialists in all aspects of work responsibilities.
  • Help to ensures compliance with various codes, laws, rules and regulations concerning patient care, including those mandated by state, federal agencies and compliance with the Joint Commission risk management standards.
  • Demonstrates current knowledge of legislative and regulatory activities related to patient safety and health care risk management.
  • Assists in the development, maintenance and revision of policies and procedures to improve patient safety and minimize loss exposure.
  • Ensures policies and procedures meet all regulatory and accreditation requirements.
  • Develops and presents educational sessions on patient safety and professional liability risk reduction to physicians and management.
  • Assists clinical chairs and department chiefs to design patient safety and risk management programs specific to their individual areas.
  • Periodically reports on risk management matters and prepare reports for various quality committees and boards.
  • Responsible for ensuring that all information necessary to prepare for the defense of claims is collected and properly maintained in a timely manner, including the preparation of reports of investigation.
  • Helps to meet the needs of the Director of Claims in his/her efforts to manage claims and potential claims.
  • Provides consultation to Patient/Family Relations (PFR) to mitigate risk associated with patient/family complaints.
  • Supports Manager, Risk Management in all regulatory activities associated with operations of the Patient Care Assessment Plan and Serious Reportable Events for DPH and Board of Registration in Medicine (BORM).
  • Other duties as assigned by Manager, Risk Management or Executive leadership, Quality and Patient Safety.

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

CERTIFICATES, LICENSES, REGISTRATIONS:
  • CPHRM preferred at hire; required within 2 years, CPPS and/or CPHQ preferred.
  • RN Preferred

EXPERIENCE:
  • With CPHRM or RN certification - Requires 7 years of clinical care/healthcare experience.
  • Minimum of 3 years in risk management/patient safety/quality improvement.
  • Without certification - Requires 10 years of clinical care/healthcare experience, and in risk management/patient safety.
  • Minimum of 7 years' relevant work experience in risk management required in lieu of degree/license.

KNOWLEDGE, SKILLS & ABILITIES (KSA):
  • Risk management or related experience in a healthcare setting required; knowledge of medical malpractice, healthcare law, healthcare terminology.
  • Must have interpersonal skills necessary to deal effectively with a 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
  • 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 in a changing environment

Compensation Range:
$97,500.00- $141,500.00
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

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