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Senior Risk Consultant Jobs in Wakefield, MA (NOW HIRING)

BDO USA

Senior, Risk Advisory Services

Boston, MA · On-site

The Senior, Risk Advisory Services is responsible for providing risk consulting and issues resolution to clients in the areas of contract compliance, SOX, internal audit business process improvement ...

BDO

Senior, Risk Advisory Services

Boston, MA · On-site

The Senior, Risk Advisory Services is responsible for providing risk consulting and issues resolution to clients in the areas of contract compliance, SOX, internal audit business process improvement ...

Deloitte

Financial Risk Senior Consultant

Boston, MA

$126K/yr

Financial Services Senior Consultant - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into ...

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Senior Risk Consultant information

See Wakefield, MA salary details

$23.7K

$124.7K

$221.4K

How much do senior risk consultant jobs pay per year?

As of Aug 26, 2026, the average yearly pay for senior risk consultant in Wakefield, MA is $124,670.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,100.00 and $152,900.00 per year, depending on experience, location, and employer.

What does a senior risk consultant do?

A Senior Risk Consultant identifies, analyzes, and advises on potential risks that could impact an organization’s operations, reputation, or financial health. They assess current risk management policies, develop strategies to minimize potential threats, and ensure regulatory compliance. Senior Risk Consultants often lead risk assessment teams, conduct audits, and provide actionable recommendations to improve an organization’s risk posture. Their expertise is crucial in helping businesses make informed decisions and maintain stability in uncertain environments.

How does a senior risk consultant typically collaborate with clients and internal teams to develop effective risk management strategies?

A Senior Risk Consultant works closely with clients to understand their unique business operations, assess potential risks, and identify areas of vulnerability. This role involves frequent collaboration with internal specialists, such as data analysts and compliance officers, to analyze risk data and develop tailored mitigation plans. Senior Risk Consultants also facilitate workshops, lead risk assessments, and present findings to both client executives and internal stakeholders, ensuring everyone is aligned on risk priorities and action items. This collaborative approach helps deliver comprehensive solutions that address both immediate and long-term risk concerns.

What are the key skills and qualifications needed to thrive as a senior risk consultant, and why are they important?

To thrive as a Senior Risk Consultant, you need expertise in risk assessment, regulatory compliance, and analytical problem-solving, typically supported by a relevant degree and extensive experience in risk management. Familiarity with risk management software, data analysis tools, and certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is highly valued. Strong communication, stakeholder management, and critical thinking skills set top performers apart. These skills are vital for accurately identifying risks, advising clients, and implementing effective risk mitigation strategies.

What is the difference between Senior Risk Consultant vs Risk Analyst?

AspectSenior Risk ConsultantRisk Analyst
Required CredentialsBachelor's degree, professional risk certifications (e.g., FRM, CRM)Bachelor's degree, often pursuing risk-related certifications
Work EnvironmentClient-facing, consulting firms, corporate risk departmentsData analysis, reporting, internal risk teams
Employer & Industry UsageConsulting firms, financial institutions, insurance companiesFinancial services, insurance, corporate risk teams

The main difference is that Senior Risk Consultants typically have more experience, handle client projects, and provide strategic risk advice, while Risk Analysts focus on data analysis and risk assessment within organizations. Senior Risk Consultants often oversee risk management strategies, whereas Risk Analysts support these efforts through detailed analysis.

How much do senior risk consultants get paid?

Senior risk consultants typically earn between $80,000 and $130,000 annually, depending on experience, industry, and location. They often hold certifications such as FRM or CRM and work in environments requiring strong analytical and risk assessment skills.

How much do senior risk consultants make?

Senior risk consultants typically earn between $80,000 and $130,000 annually, depending on experience, industry, and location. They often hold certifications such as FRM or CRM and work in industries like finance, insurance, or consulting firms.

What are popular job titles related to Senior Risk Consultant jobs in Wakefield, MA?

For Senior Risk Consultant jobs in Wakefield, MA, the most frequently searched job titles are:

What job categories do people searching Senior Risk Consultant jobs in Wakefield, MA look for?

The top searched job categories for Senior Risk Consultant jobs in Wakefield, MA are:

What cities near Wakefield, MA are hiring for Senior Risk Consultant jobs?

Cities near Wakefield, MA with the most Senior Risk Consultant job openings:

Senior Risk Consultant jobs near you

Senior, Risk Advisory Services

BDO USA

Boston, MA • On-site

Full-time

Retirement

Re-posted 6 days ago

BDO USA rating

8.4

Company rating: 8.4 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

7th of 23 rated bookkeepers and accountants

Job description


Job Summary:
The Senior, Risk Advisory Services is responsible for providing risk consulting and issues resolution to clients in the areas of contract compliance, SOX, internal audit business process improvement, information technology, and fraud investigations. In this role, the Senior, Risk Advisory Services will participate in all stages of a contract compliance, internal audit or consulting engagement and provide assistance with planning, field work, engagement wrap up and report composition, along with providing recommendations regarding client economic and legal risks. The Senior will also provide services including examinations for royalties, revenue-sharing, franchise fees, profit participation, production cost and merchandise licensing.
Job Duties:
  • Acts as primary contact for clients regarding basic questions and information
  • Conducts informational interviews and facilitates meetings with clients during engagement process
  • Obtains information, documents and data from clients to support the completion of analysis and research of client issues
  • Documents and analyzes the client's processes, risks and controls with guidance and direction from senior Risk Advisory Services professionals
  • Reviews client contracts and develops contract summaries, including key provisions and financial information based on type of contract
  • Develops initial deliverables and/or solutions to client issues
  • Dynamically reassess risk and communicate with senior Risk Advisory Services professionals and/or client as necessary
  • Assists with the management of the engagement to ensure engagement metrics are achieved
  • Utilizes research tools, databases and trade publications to develop understanding of client's industry
  • Develops relationships with client personnel and management members
  • Prepares formal and informal presentations for client meetings
  • Partners with Risk Advisory Services leadership to complete research and draft proposals and reports, as necessary
  • Implements project plans, maintains all documentation and work papers associated with client engagements
  • Conducts risk assessment of assigned department or functional area in established / required timeline while oversees staff
  • Establishes risk-based audit programs
  • Determines scope of review in conjunction with the Engagement Manager
  • Documents financial reporting cycles or internal audit area and identifies key controls
  • Assesses internal control design and operational effectiveness
  • Conducts audit testing of specified area and identifies reportable issues and dimension of risk
  • Determines compliance with appropriate legislation and/or audit policies and procedures
  • Communicates findings to senior management and drafts comprehensive report of audited area
  • Other duties as required

Supervisory Responsibilities:
  • Supervises the day-to-day workload of Risk Advisory Services Associates on assigned engagements and reviews work product
  • Ensures Risk Advisory Services Associates are trained on all relevant audit software and engagement processes and procedures
  • Delivers periodic performance feedback and completes performance evaluations for Risk Advisory Services Associates
  • Acts as mentor to Risk Advisory Services Associates, as appropriate

Qualifications, Knowledge, Skills and Abilities:
Education:
  • Bachelor's degree in Accounting or Finance, required

Experience:
  • Two (2) or more years of experience within a public accounting firm or industry environment performing internal audit, consulting or risk services, required
  • Prior experience with internal controls including flowcharts, documentation and testing of controls, required
  • Experience with Internal Audit and Sarbanes Oxley with a focus in entities wide risk assessment, required
  • Experience performing contract compliance audit, specifically royalties and franchising agreements, required
  • One (1) or more years of prior supervisory experience, preferred

License/Certifications:
  • CPA or CIA certification, preferred

Software:
  • Proficient in the use of Microsoft Office Suite, specifically Excel and Word, required
  • Prior experience with various assurance applications and research tools, preferred
  • Working knowledge of data analytics software such as IDEA or ACL, preferred

Other Knowledge, Skills & Abilities:
  • Solid understanding and experience planning and coordinating the stages to perform an audit
  • Knowledge of internal accounting controls, professional standards and regulations and systems
  • Strong verbal and written communication skills
  • Ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the firm
  • Ability to successfully multi-task while working independently and within a group environment
  • Superior analytical and diagnostic skills
  • Capable of working in a demanding, deadline driven environment with a focus on details and accuracy
  • Ability to adapt to rapidly changing environments successfully
  • Solid organizational skills especially ability to meet project deadlines with a focus on details
  • Capable of effective managing a team of professionals and delegating work assignments as needed
  • Build and maintain strong relationships with client personnel
  • Travel as needed

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
California Range: $85,000 - $100,000
Colorado Range: $85,000 - $100,000
Illinois Range: $85,000 - $100,000
Maryland Range: $85,000 - $100,000
Massachusetts Range: $85,000 - $100,000
Minnesota Range: $85,000 - $100,000
New Jersey Range: $85,000 - $100,000
NYC/Long Island/Westchester Range: $85,000 - $100,000
Washington Range: $85,000 - $100,000
Vermont Range: $85,000 - $100,000
Washington DC Range: $85,000 - $100,000
About Us
At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you'll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.
Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.
BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you'll be part of a team helping clients navigate complexity and move forward with clarity.
We are proud to be an ESOP company, offering participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we're building together.
Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits. Click here to find out more!
*Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
Click here to find out more!

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About BDO

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At BDO, culture is the first order of business. We succeed when we cultivate a conscious and caring corporate culture that puts people at the center of everything we do. In essence, the business of our business is to help people thrive every day. This mindset powers our growth by supporting the development of our people, the success of our clients, and the betterment of our communities. It means taking an expansive view of what’s possible, and committing ourselves to achieving exceptional outcomes. At BDO, we are cultivating a culture where our professionals thrive in their work of providing middle market leaders with insight-driven perspectives and assurance, tax and advisory services, helping companies take business as usual to better than usual.

Industry

Administrative assistance services and accounting services

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

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