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Risk Monitoring Jobs (NOW HIRING)

Perform a range of daily monitoring assignments related to investment risk monitoring and key controls. Research and resolve exceptions on the daily reports, using judgment to escalate concerns and ...

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Risk Monitoring information

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How much do risk monitoring jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for risk monitoring in the United States is $30.34, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $38.70 per hour, depending on experience, location, and employer.

What is risk monitoring?

Risk monitoring is the ongoing process of identifying, assessing, and tracking potential risks that could impact an organization's operations, projects, or objectives. It involves continuously reviewing risk indicators, evaluating the effectiveness of risk mitigation strategies, and ensuring that new or emerging risks are addressed promptly. Effective risk monitoring helps organizations respond quickly to threats, minimize losses, and make informed decisions to support business continuity and compliance.

What are the key skills and qualifications needed to thrive as a risk monitoring professional?

To thrive as a Risk Monitoring professional, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field, often supported by relevant certifications. Familiarity with risk management software, data analytics tools like Excel or SAS, and regulatory compliance systems is typically required. Excellent communication, problem-solving skills, and the ability to work under pressure help individuals stand out in this position. These skills are crucial for promptly identifying, assessing, and mitigating risks to protect organizational assets and ensure regulatory compliance.

What are some of the main challenges faced in a risk monitoring role, and how can a new hire successfully navigate them?

One of the main challenges in a Risk Monitoring role is keeping pace with rapidly changing regulations and emerging risks, especially in dynamic industries like finance or healthcare. New hires should focus on developing strong analytical skills and staying current with industry updates to effectively identify and assess risks. Collaboration with cross-functional teams, such as compliance, internal audit, and IT, is also essential for gathering comprehensive risk data and implementing effective mitigation strategies. Proactively communicating findings and recommendations can help build credibility and foster a culture of risk awareness across the organization.

What is the difference between Risk Monitoring vs Risk Analysis?

AspectRisk MonitoringRisk Analysis
Primary FocusOngoing tracking of risk indicators and risk environmentIdentifying, assessing, and evaluating risks
Required CredentialsCertifications like FRM, CRM, or relevant experienceCertifications like FRM, CRM, or related credentials
Work EnvironmentContinuous monitoring in finance, insurance, or compliance sectorsRisk assessment in similar industries, often involving data analysis
Employer UsageRisk departments, compliance teams, financial institutionsRisk management teams, consulting firms, financial services

While Risk Monitoring involves tracking risks over time to detect changes, Risk Analysis focuses on identifying and evaluating potential risks. Both roles often require similar credentials and work in related environments, but their core functions differ: one is ongoing oversight, the other is risk assessment and evaluation.

Do risk monitoring analysts make good money?

Risk monitoring analysts typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions may start around industry average, while experienced analysts with certifications like FRM or CFA can earn higher salaries, often supplemented by bonuses and benefits. Overall, the role offers a solid income potential within financial and risk management sectors.

Is risk monitoring a good career?

Risk monitoring is a valuable career that involves identifying and assessing potential risks to an organization, often requiring skills in data analysis, attention to detail, and familiarity with risk management tools. It offers opportunities for advancement in finance, insurance, and corporate sectors, with a growing demand for professionals holding certifications like FRM or CRM. The role typically involves a structured schedule and the need for continuous learning to stay updated on industry standards.

What degree do you need to be a risk monitoring?

Risk monitoring roles typically require a bachelor's degree in fields such as finance, economics, business, or risk management. Advanced positions may prefer or require a master's degree or professional certifications like FRM or PRM. Strong analytical skills and familiarity with risk assessment tools are also important.
More about Risk Monitoring jobs

What cities are hiring for Risk Monitoring jobs?

Cities with the most Risk Monitoring job openings:

What states have the most Risk Monitoring jobs?

States with the most job openings for Risk Monitoring jobs include:

Infographic showing various Risk Monitoring job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 10% Part Time, and 5% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $63,100 per year, or $30.3 per hour.

Senior Manager, Compliance - Risk Monitoring

Encompass Health Corporation

Leeds, AL

Full-time

Re-posted 12 days ago


Encompass Health rating

7.0

Company rating: 7.0 out of 10

Based on 422 frontline employees who took The Breakroom Quiz

414th of 888 rated healthcare providers


Job description

This position is responsible for providing strategic leadership and operational oversight of the company's risk-based compliance monitoring program and broader Ethics & Compliance Framework. This position ensures the effective identification, assessment, and mitigation of compliance risks through the design and execution of scalable, sustainable, and data-driven monitoring processes.

The position partners with cross-functional stakeholders to integrate compliance into operations and promote accountability, ethical conduct, and continuous improvement. It develops data-driven compliance strategies, leveraging analytics to identify risks and deliver actionable insights to leadership. Additionally, the position ensures alignment with regulatory requirements by standardizing methodologies, strengthening internal controls, and supporting audit activities, advancing a proactive, enterprise-wide compliance risk management approach.

Responsibilities

  • Leads, supervises, and develops the compliance monitoring team, ensuring appropriate workload allocation, prioritization, and performance management while fostering a culture of accountability and continuous improvement.

  • Ensures alignment with departmental objectives by establishing clear performance expectations and driving measurable outcomes across compliance initiatives.

  • Provides proactive, structured reporting to Ethics & Compliance leadership on key initiatives, emerging risks, and performance metrics.

  • Delivers ongoing coaching, timely feedback, and professional development to enhance team capability and performance.

  • Leads the design, implementation, and continuous enhancement of a risk-based compliance monitoring program, including standardized methodologies, tools, and documentation.

  • Evaluates the design and operating effectiveness of compliance controls and risk management practices using structured, data-driven methodologies.

  • Develops and implements scalable, sustainable risk mitigation strategies aligned with organizational objectives and risk tolerance.

  • Conducts comprehensive operational risk assessments and compliance reviews to proactively identify, evaluate, and prioritize risk exposures.

  • Establishes and maintains standardized approaches, frameworks, and tools to consistently assess and enhance compliance programs across the enterprise.

  • Leverages technology and data analytics to aggregate compliance data, monitor control effectiveness, identify exceptions in real time, and support data-driven decision making.

  • Plans, directs, and executes operational risk assessments and compliance reviews, ensuring quality, consistency, and thorough documentation.

  • Develops and maintains policies, procedures, and methodologies aligned with regulatory requirements, industry standards, and leading practices.

  • Oversees compliance engagements end-to-end, including planning, execution, and delivery of concise, accurate, and actionable reporting to ethics & compliance leadership.

  • Drives implementation and adoption of risk and compliance standards across business units, ensuring consistent execution and accountability.

  • Identifies control gaps and emerging risks, recommending new processes, monitoring activities, and targeted training initiatives.

  • Partners with cross-functional stakeholders to design, implement, and continuously improve compliance processes, serving as a trusted advisor.

  • Continuously monitors regulatory developments, industry trends, and emerging risks to inform compliance strategy.

  • Evaluates the impact of regulatory and industry changes on organizational processes and proactively recommend enhancements.

  • Supports internal or external auditors in compliance reviews, when deemed necessary.

  • Reports questionable situations, concerns, complaints or harassment immediately.

  • Organizes, plans, and manages time effectively to complete assignments.

  • Completes mandatory training and courses required by completion date.

License or Certification:

  • Obtained one or more of the following certifications strongly preferred: Certified Internal Auditor (CIA) or Certified Risk Management Assurance (CRMA), Certified Compliance and Ethics Professional (CCEP) or Certified in Healthcare Compliance (CHC), or other applicable risk management certification preferred; Relevant advanced degree (e.g., Master's in Business Administration, Healthcare Administration, Accounting, Data Analytics, or related field) may be considered in lieu of certification

Minimum Qualifications:

  • Bachelor's degree in Accounting, Finance, Business Administration, Healthcare Administration, or related field required.
  • Minimum of 7-10 years of progressive experience in compliance, risk management, internal audit, or a related control function, preferably within healthcare or a regulated industry.
  • Demonstrated experience designing, implementing, and managing risk-based compliance monitoring or audit programs.
  • Strong knowledge of regulatory requirements, internal controls, and risk assessment methodologies.
  • Experience leveraging data analytics to assess risk, monitor compliance, and support decision-making.

The Encompass Health Way
We proudly set the standard in care by leading with empathy, doing what's right, focusing on the positive, and standing stronger together. Encompass Health is a trusted leader in post-acute care with over 150 nationwide locations and a team of 36,000 exceptional individuals and growing!
At Encompass Health, we celebrate and welcome diversity in our inclusive culture. We provide equal employment opportunities regardless of race, ethnicity, gender, sexual orientation, gender identity or expression, religion, national origin, color, creed, age, mental or physical disability, or any other protected classification.

What Encompass Health employees say

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About Encompass Health

Sourced by ZipRecruiter

Helping patients regain hope and independence, Encompass Health is a national leader in post-acute care. We operate rehabilitation hospitals in 36 states as well as Puerto Rico. Following the Encompass Way, we are driven by our core values: We proudly set the standard, lead with empathy, do what's right, focus on the positive, and remain stronger together.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

Birmingham, AL, US