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Senior Risk Manager Jobs in Philadelphia, PA (NOW HIRING)

First Bank

Senior Risk Manager

Hamilton, NJ · On-site

The Senior Risk Manager participates in identifying, mitigating, monitoring and reporting on risks across the Bank. This Senior level role reports directly to the Audit Committee, providing ...

Canon Careers

Senior Risk Analyst

Burlington, NJ · Hybrid

$76/hr

The Senior Risk Analyst is responsible for making sound credit decisions within required turnaround ... Regularly communicates with originations, documentation, and collections/portfolio management ...

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All JobsRisk JobsSenior Risk Manager JobsSenior Risk Manager Jobs in Philadelphia, PA

Senior Risk Manager information

See Philadelphia, PA salary details

$22.7K

$119.3K

$211.9K

How much do senior risk manager jobs pay per year?

As of Aug 25, 2026, the average yearly pay for senior risk manager in Philadelphia, PA is $119,333.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,300.00 and $146,300.00 per year, depending on experience, location, and employer.

What does a senior risk manager do?

A Senior Risk Manager identifies, assesses, and mitigates potential risks that could impact an organization's financial health, operations, or reputation. They develop risk management strategies, ensure compliance with industry regulations, and collaborate with various departments to implement risk controls. Additionally, they analyze market trends and internal processes to proactively address potential threats. Their goal is to minimize risk exposure while supporting business objectives and long-term sustainability.

What are the key skills and qualifications needed to thrive as a senior risk manager?

To excel as a Senior Risk Manager, you need strong analytical capabilities, a deep understanding of risk assessment methodologies, and a relevant degree such as finance, economics, or business administration. Familiarity with risk modeling software, governance frameworks (like COSO or ISO 31000), and industry certifications such as FRM or CRM are highly valued. Exceptional communication, leadership, and decision-making skills help distinguish top performers in this role. These abilities are essential for effectively identifying, evaluating, and mitigating potential risks while supporting organizational objectives.

What does a typical day look like for a senior risk manager?

A Senior Risk Manager’s day often includes analyzing complex data to assess potential financial, operational, or strategic risks and developing mitigation strategies accordingly. You’ll regularly collaborate with business leaders across departments, provide expert advice during project planning, and prepare detailed risk reports for executive management or compliance committees. Additionally, you may oversee junior risk team members, guide audit processes, and participate in risk review meetings. This role offers dynamic daily challenges that require both independent analysis and team-oriented communication, making it ideal for those who enjoy both strategic thinking and hands-on collaboration.

How much do senior risk managers make in the US?

Senior risk managers in the US typically earn a median annual salary of around $120,000 to $150,000, with higher compensation possible in large financial institutions or with extensive experience and certifications such as FRM or CRM. Salaries can vary based on industry, location, and the complexity of risk management responsibilities.

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For Senior Risk Manager jobs in Philadelphia, PA, the most frequently searched job titles are:

What job categories do people searching Senior Risk Manager jobs in Philadelphia, PA look for?

The top searched job categories for Senior Risk Manager jobs in Philadelphia, PA are:

What cities near Philadelphia, PA are hiring for Senior Risk Manager jobs?

Cities near Philadelphia, PA with the most Senior Risk Manager job openings:

Senior Risk Manager jobs near you
Infographic showing various Senior Risk Manager job openings in Philadelphia, PA as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $119,333 per year, or $57.4 per hour.

Senior Risk Manager

First Bank

Hamilton, NJ • On-site

Full-time

Medical, Dental, Life, Retirement

This job post has expired today. Applications are no longer accepted.

Job description

Job description
Our goal is to hire and retain talented people with engaging personalities and exceptional work ethics. We believe in recognizing and rewarding employees who consistently perform at a high level.
We offer competitive salaries based upon experience and a comprehensive benefits package upon satisfying eligibility conditions, including health and dental insurance, life insurance, short term and long term disability, and the Bank's 401k Plan.
Position Summary:
The Senior Risk Manager participates in identifying, mitigating, monitoring and reporting on risks across the Bank. This Senior level role reports directly to the Audit Committee, providing independence necessary to provide direct unencumbered evaluations. This role operates in a consultative manner and is responsible for ensuring that business unites and managerial departments effectively monitor and manage risk in a way that is consistent with Board-approved risk limits, risk tolerance levels, and risk appetite.
Also responsible for managing the ERM program to help bank management identify key risks, the interdependency of risk, and help keep senior management focused on effective risk management.
Duties & Responsibilities:
• Oversee all enterprise risk management which incorporates programs for credit, market, compliance, and operational risk management.
• Monitor the organization's risk management program in a manner that fulfills the mission and strategic goals of the organization while complying with external and internal requirements.
• Enhance the ERM program and software to streamline the risk assessments of each area.
• Manage and maintain the Enterprise Risk Management Committee structure and actively lead the discussion in resolving risk related issues.
• Identify the risk areas of the bank and verify that risk assessments have been created.
• Determine that risk assessments are created for new products; and/or significant change in products.
• Act as the subject matter expert to advise departmental management in implementing governance and risk management programs within their own functions.
• Identify the pertinent FDIC risks as they apply to the bank.
• Maintain an annual ERM strategic plan that encompasses areas of oversight.
• Attend Board meetings; audit committee; Compliance committee; loan committee; and provide appropriate reports.
• Identify risks involved in any M&A activity.
• Perform other duties and responsibilities as needed or as designated by the Board.
Qualifications
• Bachelor's degree in accounting, Finance, Business, Management or related degree
• Preferred Certified Enterprise Risk Professional designation
• 4-7 years risk/audit experience with proven ability to proactively collaborate with colleagues and management
• Experience working in or with a Community Bank and with regulatory agencies, including FDIC and State regulators
• Strong communication, collaboration, and technical skills. Should be able to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization
• Strong working knowledge of the risks associated with a banking institution as well as experience building effective internal control programs
• Experience reading and interpreting regulations, laws, and statutes. Strong research skills required
First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities.

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