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Strategic Risk Solutions Jobs in Rhode Island (NOW HIRING)

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Provide ongoing operational risk consultation to partners to influence process changes and management support with balanced and effective solutions. * Strategy Development & Implementation:

Citizens

Operational Risk Manager

Johnston, RI · On-site

Provide regulatory expertise and solutions on complex risk and compliance issues based upon understanding of business unit's activities and products. * Support the Risk Division/Oversight strategy ...

Gilbane Building Company

Sr Risk Manager

Providence, RI · On-site

Gilbane is seeking a Senior Risk Manager to be responsible for all insurance matters for a minimum ... You deploy a strategic mindset when considering solutions to long-term opportunities and risks that ...

Citizens Bank

Operational Risk Manager

Johnston, RI · On-site

Provide regulatory expertise and solutions on complex risk and compliance issues based upon understanding of business unit's activities and products. * Support the Risk Division/Oversight strategy ...

Gilbane Building Company

Sr Risk Manager

Providence, RI · On-site +1

Gilbane is seeking a Senior Risk Manager to be responsible for all insurance matters for a minimum ... You deploy a strategic mindset when considering solutions to long-term opportunities and risks that ...

Citizens

Operational Risk Manager

Johnston, RI · On-site

Provide regulatory expertise and solutions on complex risk and compliance issues based upon understanding of business unit's activities and products. * Support the Risk Division/Oversight strategy ...

Citizens

Operational Risk Manager

Johnston, RI · On-site

Provide regulatory expertise and solutions on complex risk and compliance issues based upon understanding of business unit's activities and products. * Support the Risk Division/Oversight strategy ...

Citizens

Fraud Risk Analytics Manager

Johnston, RI · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy ... solutions under time constraints and scope changes. This individual will partner closely with ...

Citizens

Fraud Risk Analytics Manager

Johnston, RI · Hybrid

$106K - $130K/yr

We are seeking an experienced Senior Data Scientist to lead fraud risk strategy optimization and ... solutions under time constraints and scope changes. This individual will partner closely with ...

Citizens

Fraud Risk Analytics Manager

Johnston, RI · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy ... solutions under time constraints and scope changes. This individual will partner closely with ...

Gilbane, Inc.

Sr Risk Manager

Providence, RI · On-site +1

Gilbane is seeking a Senior Risk Manager to be responsible for all insurance matters for a minimum ... You deploy a strategic mindset when considering solutions to long-term opportunities and risks that ...

Citizens

Fraud Risk Analytics Manager

Johnston, RI · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy ... solutions under time constraints and scope changes. This individual will partner closely with ...

Citizens

Fraud Risk Analytics Manager

Johnston, RI · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy ... solutions under time constraints and scope changes. This individual will partner closely with ...

Gilbane, Inc.

Risk Management Director

Providence, RI · On-site +1

You deploy a strategic mindset when considering solutions to long-term opportunities and risks that ... Oversees Sr Risk Managers in client proposals and pricing exercises * Maintains relationships with ...

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Strategic Risk Solutions information

What is the difference between Strategic Risk Solutions vs Risk Analyst?

AspectStrategic Risk SolutionsRisk Analyst
CredentialsTypically requires risk management certifications, such as CRM or FRMOften requires a degree in finance, economics, or related fields; certifications like FRM are common
Work EnvironmentConsulting firms, corporate risk departments, or insurance companiesFinancial institutions, corporations, or consulting firms
Industry UsageUsed across industries for enterprise risk management and strategic planningPrimarily in finance, insurance, and corporate sectors for risk assessment

Strategic Risk Solutions professionals focus on providing risk management strategies and consulting services, often working with clients to develop enterprise-wide risk frameworks. Risk Analysts typically analyze data to identify potential risks within organizations, supporting decision-making processes. While both roles involve risk assessment, Strategic Risk Solutions emphasizes strategic planning and consulting, whereas Risk Analysts focus on data analysis and risk evaluation.

What are the key skills and qualifications needed to thrive as a Strategic Risk Solutions Consultant, and why are they important?

To thrive as a Strategic Risk Solutions Consultant, you need expertise in risk management, analytical skills, and a relevant degree such as finance, business, or risk management. Familiarity with risk assessment tools, regulatory compliance platforms, and industry certifications like CRM or FRM are highly valuable. Strong communication, problem-solving, and stakeholder management skills help distinguish top performers in this field. These competencies ensure effective identification and mitigation of risks, enabling organizations to achieve their strategic objectives securely.

What are some common challenges faced by professionals working in Strategic Risk Solutions, and how can they be addressed?

Professionals in Strategic Risk Solutions often encounter challenges such as rapidly evolving regulatory requirements, integrating risk management across diverse business units, and communicating complex risk scenarios to non-expert stakeholders. Staying current with industry regulations and fostering continuous learning are essential for success. Additionally, building strong relationships with teams across the organization and using clear, data-driven communication strategies can help bridge knowledge gaps and ensure risk processes are understood and adopted effectively.

What are Strategic Risk Solutions?

Strategic Risk Solutions refers to specialized services or firms that help organizations identify, assess, and manage risks that could impact their long-term goals and performance. These solutions involve analyzing potential threats, developing risk management strategies, and implementing controls to minimize negative impacts. Professionals in this field work with businesses to create tailored risk frameworks, ensure regulatory compliance, and enhance decision-making. Their expertise covers areas such as financial risk, operational risk, compliance, and emerging risks like cybersecurity. By leveraging strategic risk solutions, organizations can protect assets, improve resilience, and seize new opportunities.
What are popular job titles related to Strategic Risk Solutions jobs in Rhode Island? For Strategic Risk Solutions jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Strategic Risk Solutions jobs in Rhode Island look for? The top searched job categories for Strategic Risk Solutions jobs in Rhode Island are:
Strategic Risk Solutions jobs near you
Infographic showing various Strategic Risk Solutions job openings in Rhode Island as of July 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution.
Enterprise Risk Manager

Enterprise Risk Manager

BankNewport

Middletown, RI • On-site

Other

Posted yesterday

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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