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Strategic Risk Solutions Jobs in Cleveland, OH (NOW HIRING)

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How much do strategic risk solutions jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for strategic risk solutions in Cleveland, OH is $29.42, according to ZipRecruiter salary data. Most workers in this role earn between $18.89 and $37.55 per hour, depending on experience, location, and employer.

What is 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 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 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 popular job titles related to Strategic Risk Solutions jobs in Cleveland, OH?

For Strategic Risk Solutions jobs in Cleveland, OH, the most frequently searched job titles are:

What job categories do people searching Strategic Risk Solutions jobs in Cleveland, OH look for?

The top searched job categories for Strategic Risk Solutions jobs in Cleveland, OH are:

What cities near Cleveland, OH are hiring for Strategic Risk Solutions jobs?

Cities near Cleveland, OH with the most Strategic Risk Solutions job openings:

Strategic Risk Solutions jobs near you
Infographic showing various Strategic Risk Solutions job openings in Cleveland, OH as of August 2026, with employment types broken down into 83% Full Time, 10% Part Time, and 7% Contract. Highlights an 77% Physical, 3% Hybrid, and 20% Remote job distribution, with an average salary of $61,196 per year, or $29.4 per hour.

Senior Strategic Sourcing Specialist

Lincoln Electric

Cleveland, OH • On-site

$111K - $138K/yr

Full-time

Posted 10 days ago

Lincoln Electric rating

7.1

Company rating: 7.1 out of 10

Based on 53 frontline employees who took The Breakroom Quiz

344th of 496 rated machine equipment manufacturers

Job description

Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric's innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation, and field repair. The Company leverages proprietary technologies and expertise in materials science, power electronics, automation, and intelligent software to help customers build better and achieve resilience in their operations. Headquartered in Cleveland, Ohio, Lincoln Electric is the essential 'Linc' that keeps the economy running. The Company operates 71 manufacturing and automation facilities across 20 countries and serves customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company's website at https://www.lincolnelectric.com.
Location: Euclid - 22801
Employment Status: Salary Full-Time
Function: Supply Management/Purchasing
Pay Range: $111,115.00- $138,894.00
Target Bonus: 15.0%
Req ID: 29749
Purpose
The Sr. Strategic Sourcing Specialist provides strategic leadership for assigned direct material categories, driving the development and execution of category strategies, supplier relationship management initiatives, and sourcing plans that support business objectives and operational requirements. Through collaboration with leadership, this role develops and implements category strategies that ensure supply continuity, optimizes cost, quality, and service performance, while aligning with best-practice sourcing methodologies, company policies, and regulatory requirements. The role is responsible for establishing and executing multi-year category roadmaps, identifying market opportunities, optimizing sourcing strategies, managing supplier performance, and mitigating supply chain risks. The successful candidate will build strong partnerships with key internal stakeholders and strategic suppliers while maintaining end-to-end accountability for achieving cost savings, operational efficiencies, value creation, and business results.
As a key member of the Direct Sourcing organization, the Sr. Strategic Sourcing Specialist contributes to the ongoing transformation and success of the procurement function by driving strategic initiatives, fostering supplier innovation, and promoting a culture of accountability, operational excellence, collaboration, and continuous improvement.
Key Responsibilities
  • Develop and execute comprehensive category and supplier strategies that align with long-term business objectives and drive sustainable value.
  • Partner with cross-functional teams, including Engineering, Operations, Quality, and Finance, to identify and implement cost optimization initiatives utilizing value analysis/value engineering (VA/VE) methodologies.
  • Identify, evaluate, qualify, and develop diverse, competitive, and high-performing sources of supply across global markets.
  • Lead supplier selection, commercial negotiations, and contract development to achieve optimal outcomes across cost, quality, delivery, service, innovation, and working capital objectives.
  • Monitor market conditions, industry trends, commodity indices, and supply chain risks to support proactive, data-driven business decisions.
  • Manage strategic supplier relationships and supplier performance, driving continuous improvement initiatives, risk mitigation plans, and long-term partnership development.
  • Leverage spend analytics, market intelligence, and key performance metrics to identify opportunities, improve visibility, and measure sourcing effectiveness.
  • Support new product development (NPD) and product lifecycle initiatives through early supplier engagement and collaboration with Engineering, Operations, and Supply Chain stakeholders.
  • Lead strategic sourcing events, including RFIs, RFPs, RFQs, competitive bidding processes, and e-auctions, where appropriate.
  • Drive initiatives that enhance supply chain resilience, supplier diversification, sustainability, and operational efficiency.
  • Ensure compliance with company policies, sourcing standards, contractual obligations, and applicable regulatory requirements.
  • Perform other duties and special projects as assigned.

Knowledge and Experience
Required Qualifications:
  • Bachelor's degree in Supply Chain Management, Business, Engineering, Finance, Operations, or a related field
  • 5+ years of progressive experience in strategic sourcing, category management, procurement, or supply chain, preferably within a manufacturing environment.
  • Proven success developing and executing category strategies, supplier management programs, cost reduction initiatives, and commercial negotiations.
  • Strong knowledge of strategic sourcing, supplier selection and development, contract management, category management, and risk mitigation.
  • Experience managing direct material categories and suppliers, utilizing market intelligence, spend analytics, and cost analysis tools to drive business decisions.
  • Demonstrated ability to build effective relationships and collaborate across Engineering, Operations, Quality, Finance, and Supply Chain functions.
  • Proficiency with ERP systems and analytics tools such as: SAP, Oracle, Ariba, or Power BI.
  • Strong analytical, project management, communication, and stakeholder influence skills with the ability to manage multiple priorities.
  • Willingness to travel up to 15%, including overnight travel.

Preferred Qualifications:
  • MBA and/or professional certifications (CPSM, CPM, CSCP)
  • Working knowledge of value analysis/value engineering (VA/VE), total cost of ownership (TCO), should-cost modeling, and continuous improvement methodologies.
  • Experience supporting new product introductions (NPI), supplier performance management, and global sourcing initiatives.
  • Knowledge of manufacturing processes, raw materials, metals, fabricated components, or industrial commodities

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.

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