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Sr 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 ...

Vangard, Inc.

Senior Fraud Risk Manager

Malvern, PA

The Fraud Risk Manager within the Control and Oversight Group in Personal Wealth is responsible for developing and executing a forward-looking fraud roadmap that protects clients, safeguards business ...

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All JobsSr Risk JobsSr Risk Manager JobsSr Risk Manager Jobs in Philadelphia, PA

Sr Risk Manager information

See Philadelphia, PA salary details

$21.5K

$113K

$200.7K

How much do sr risk manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for sr risk manager in Philadelphia, PA is $113,022.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,800.00 and $138,600.00 per year, depending on experience, location, and employer.

How does a Sr Risk Manager typically collaborate with other departments to manage organizational risks?

As a Sr Risk Manager, you will frequently work cross-functionally with teams such as compliance, legal, finance, and operations to identify, assess, and mitigate risks. This involves facilitating risk assessments, sharing findings with department leads, and developing action plans together. Effective communication skills and the ability to translate complex risk concepts into practical recommendations are essential. Regular meetings and reporting cycles help ensure risks are monitored and managed proactively across the organization.

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

AspectSr Risk ManagerRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, risk management certifications)Often requires a bachelor's degree, some certifications preferred
Work EnvironmentStrategic, leadership-focused, often managerialAnalytical, data-driven, support role
Employer & Industry UsageUsed in finance, insurance, corporate sectors for risk oversightCommon in finance, banking, and insurance for risk assessment

The main difference between a Sr Risk Manager and a Risk Analyst lies in their responsibilities and experience level. The Sr Risk Manager oversees risk strategies and manages teams, requiring more advanced credentials and strategic thinking. In contrast, the Risk Analyst focuses on data analysis and risk assessment tasks, often serving as a support role. Both roles are vital in risk management but differ in scope and seniority.

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

To thrive as a Sr Risk Manager, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically a bachelor's or master's degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (Governance, Risk, and Compliance) systems, and certifications like FRM or CRM are often required. Strong analytical thinking, leadership, and effective communication skills help in influencing decision-makers and leading cross-functional teams. These competencies are essential for identifying, mitigating, and communicating risks to protect the organization’s assets and reputation.

What does a Sr Risk Manager do?

A Sr Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations, finances, or reputation. They develop risk management strategies, implement policies, and collaborate with other departments to ensure compliance and minimize potential losses. This role often involves analyzing data, preparing reports for senior leadership, and staying updated on regulatory changes that may affect the business.
What are popular job titles related to Sr Risk Manager jobs in Philadelphia, PA? For Sr Risk Manager jobs in Philadelphia, PA, the most frequently searched job titles are:
What job categories do people searching Sr Risk Manager jobs in Philadelphia, PA look for? The top searched job categories for Sr Risk Manager jobs in Philadelphia, PA are:
What cities near Philadelphia, PA are hiring for Sr Risk Manager jobs? Cities near Philadelphia, PA with the most Sr Risk Manager job openings:
Sr Risk Manager jobs near you
Infographic showing various Sr Risk Manager job openings in Philadelphia, PA as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $113,022 per year, or $54.3 per hour.

Senior Risk Manager

First Bank

Hamilton, NJ • On-site

Full-time

Medical, Dental, Life, Retirement

Re-posted 27 days ago

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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