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Professional Risk Manager Jobs in Rhode Island (NOW HIRING)

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Professional certifications (e.g., CRMA, FRM) preferred. * Minimum 5 years of experience in enterprise risk management, audit, or a related field. * Demonstrated analytical skills, capable of ...

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Professional certifications (e.g., CRMA, FRM) preferred. * Minimum 5 years of experience in enterprise risk management, audit, or a related field. * Demonstrated analytical skills, capable of ...

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Professional certifications (e.g., CRMA, FRM) preferred. * Minimum 5 years of experience in enterprise risk management, audit, or a related field. * Demonstrated analytical skills, capable of ...

Citizens

First Line Risk Manager

Johnston, RI · On-site

Qualifications, Education, Certifications and/or Other Professional Credentials * 4-6 years Risk Management Experience * Demonstrated experience supporting and/or leading risk projects across ...

Citizens

Senior Risk Manager: Payments

Johnston, RI · On-site

$117K - $153K/yr

Certified Internal Auditor (CIA), Accredited Payments Risk Professional (APRP), Certified Fraud ... Extensive experience managing projects including planning, implementation, and reporting.

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Professional Risk Manager information

See Rhode Island salary details

$50.4K

$109.2K

$166.5K

How much do professional risk manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for professional risk manager in Rhode Island is $109,248.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 per year, depending on experience, location, and employer.

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 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 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 operations, finances, 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 various threats.

What are popular job titles related to Professional Risk Manager jobs in Rhode Island?

For Professional Risk Manager jobs in Rhode Island, the most frequently searched job titles are:

What job categories do people searching Professional Risk Manager jobs in Rhode Island look for?

The top searched job categories for Professional Risk Manager jobs in Rhode Island are:

Professional Risk Manager jobs near you
Infographic showing various Professional Risk Manager job openings in Rhode Island as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $109,248 per year, or $52.5 per hour.

Enterprise Risk Manager

BankNewport

Middletown, RI • On-site

Other

Re-posted 3 days ago

Job description

Overview
BankNewport, is at the forefront of managing the multifaceted risks facing financial institutions. The Bank's commitment to excellence requires that an adept Enterprise Risk Manager be in place as to identify, evaluate and report on enterprise risks, as well as develop and implement strategic mitigation plans to safeguard the Bank's operations and ensure a competitive edge.
Responsibilities
  • Risk Identification & Assessment:
    • Conduct proactive identification, evaluation, and documentation of enterprise risk, including operational, financial, reputational, strategic, cyber, information security, IT, and regulatory-related risks that may hinder the Bank's objectives.
    • Utilize diverse assessment methodologies to quantify risk magnitude and anticipate potential impacts, aiming for a comprehensive understanding of risk scenarios' likelihood and consequences.
    • Provide ongoing operational risk consultation to partners to influence process changes and management support with balanced and effective solutions.
  • Strategy Development & Implementation:
    • Responsible for oversight of the Bank's enterprise risk management program.
    • Collaborate with departmental leaders to devise and refine effective risk mitigation strategies, ensuring their integration within broader business planning and operations. Align these strategies with the company's strategic ambitions, enhancing resilience against identified risks.
  • Risk Monitoring & Reporting:
    • Implement and manage a rigorous framework for continuous risk monitoring and reporting.
    • Produce detailed reports summarizing findings, analyses, and recommendations, equipping senior management and stakeholders with actionable insights for informed decision-making.
    • Facilitate the ongoing tracking of risk trends.
    • Create an acceptance of risk and exception to policy process in accordance with industry and regulatory expectations and governance. Ensure all acceptance of risks and exceptions to policy have appropriate governance oversight.
    • Identify, monitor, maintain and refresh key risk indicators and KRI dashboards for the Bank.
    • Prepare, test, and distribute KRI reporting on at least a quarterly basis.
    • Report to the Bank's enterprise risk management Committee and the enterprise risk management committee of the Board.
  • Regulatory Oversight:
    • Oversee compliance with pertinent laws, regulations, and industry norms, pinpointing any compliance or regulatory risks.
    • Stay updated on regulatory changes and industry issues impacting risk exposure and recommend program, policy or procedural adjustments to mitigate the same while supporting strategic aims.
  • Process Improvement & Best Practices:
    • Continually identify and endorse enhancements to risk management processes, adopting industry best practices to improve the organization's risk identification, assessment, and response capabilities.
  • Stakeholder Engagement & Education:
    • Promote a risk-aware culture across the organization through stakeholder engagement and tailored risk management training.
    • Ensure various business areas understand their roles and responsibilities in managing risk.
  • Cross-functional Collaboration:
    • Facilitate cross-departmental cooperation, ensuring a cohesive approach to risk management.
    • Contribute risk management insights to strategic projects, integrating risk considerations into broader decision-making processes.
  • Technology & Data Analysis:
    • Utilize risk management software and data analysis tools to boost risk assessment accuracy and efficiency.
    • Maintain risk indicators and dashboards for real-time risk profile monitoring, supporting proactive risk management strategies.

Qualifications
  • Bachelor's degree in finance, Business Administration, Risk Management, or a related field.
  • Professional certifications (e.g., CRMA, FRM) preferred.
  • Minimum 5 years of experience in enterprise risk management, audit, or a related field.
  • Demonstrated analytical skills, capable of interpreting complex data to derive insights.
  • Strong communication abilities, adept at simplifying complex information for diverse audiences.
  • Effective multitasking and project management skills, thriving in fast-paced environments.
  • Familiarity with risk management frameworks, regulatory standards, and compliance requirements.
  • Proficiency in risk management software and the Microsoft Office Suite.

Any physical demands or work conditions described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable Accommodation may be made to enable individuals with disabilities to perform the essential functions. Employees need to have the ability to:
  • Travel independently to the position's primary work location, other bank properties and work-related activities or events at locations outside the Bank.
  • Effectively communicate and exchange accurate information and ideas so others will understand.
  • Independently 0perate a computer and other office machinery, such as a calculator, copy machine, printer and software programs related to the position needed to complete the primary functions.
  • Sit or stand at a workspace and use a computer or other equipment for prolonged periods of time.
  • Meet the hybrid work schedule requirements for physically working in the office during normal business hours on Mondays and Wednesdays and another day of choice to effectively meet business needs.
  • Move office items weighing up to 35 pounds.
  • Work in an environment with low to moderate noise levels.

SUPERVISORY SCOPE:
While the Enterprise Risk Manager doesn't have direct managerial responsibilities, they play a pivotal role in interfacing with various departments, providing insights, and guiding them on compliance matters.
INDEPENDENT ACTION:
While largely self-directed, the Enterprise Risk Manager exhibits judgement in seeking external guidance or collaboration when confronted with multifaceted or nuanced situations.
BankNewport is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.

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