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Technology Risk Manager Jobs in Massachusetts (NOW HIRING)

In this role, you will leverage your expertise in cyber strategy, technology risk, and solution management to guide client teams in defining and executing their Cyber Tech Risk programs-shaping ...

PO&T Risk Management Lead

Cambridge, MA · On-site

$151K - $208K/yr

As the PO&T Risk Management Lead, you will establish and lead integrated risk management processes ... This role is pivotal in synthesizing, escalating, and communicating technology, quality, supplier ...

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Technology Risk Manager information

See Massachusetts salary details

$56.2K

$121.8K

$185.7K

How much do technology risk manager jobs pay per year?

As of May 31, 2026, the average yearly pay for technology risk manager in Massachusetts is $121,833.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $140,900.00 per year, depending on experience, location, and employer.

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

To thrive as a Technology Risk Manager, you need expertise in risk assessment, cybersecurity principles, and regulatory compliance, often supported by a degree in information security or related fields. Familiarity with risk management frameworks (such as NIST or ISO 27001), GRC (governance, risk, and compliance) tools, and certifications like CISM or CISSP are typically required. Strong analytical thinking, communication, and stakeholder management skills help you translate technical risks into business terms and coordinate mitigation efforts. These abilities are critical to proactively identifying threats and ensuring organizational resilience against evolving technology risks.

What are some common challenges Technology Risk Managers face when working across different departments?

Technology Risk Managers often encounter challenges in aligning risk management strategies with the priorities of various business units. Departments may have differing levels of risk tolerance, technical understanding, and resource availability, which can make establishing consistent policies and controls difficult. Success in the role relies on strong communication and negotiation skills, as well as the ability to educate stakeholders about the importance of risk mitigation while balancing business objectives. Building collaborative relationships and maintaining flexibility are key to overcoming these cross-departmental challenges.

What are Technology Risk Managers?

Technology Risk Managers are professionals responsible for identifying, assessing, and mitigating risks associated with information technology systems and processes within an organization. They ensure that IT operations comply with regulations and best practices while safeguarding data and technology assets from threats such as cyberattacks, data breaches, and system failures. Their work involves developing risk management strategies, conducting risk assessments, and collaborating with other departments to ensure the organization's technology infrastructure is secure and resilient.

What is the difference between Technology Risk Manager vs Cybersecurity Analyst?

AspectTechnology Risk ManagerCybersecurity Analyst
CertificationsCRISC, CISSP, CISACISSP, CEH, Security+
Work EnvironmentRisk assessment, policy development, complianceMonitoring security threats, incident response, vulnerability analysis
Industry UsageFinancial, healthcare, technology firmsIT security teams, government agencies, corporations

The Technology Risk Manager focuses on identifying and mitigating overall technology risks and ensuring compliance, while the Cybersecurity Analyst concentrates on protecting systems from security threats and responding to incidents. Both roles require similar certifications and often work within the same industries, but their core responsibilities differ in scope and focus.

What cities in Massachusetts are hiring for Technology Risk Manager jobs? Cities in Massachusetts with the most Technology Risk Manager job openings:
Infographic showing various Technology Risk Manager job openings in Massachusetts as of May 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $121,833 per year, or $58.6 per hour.
Market Risk Manager - Interest Rates, Vice President

Market Risk Manager - Interest Rates, Vice President

State Street Corporation

Boston, MA • On-site

$120K - $202.50K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

Job Description
State Street Global Treasury Risk Management (GTRM) provides second line oversight of trading market risk across Markets and Treasury divisions as well as capital, liquidity and investment risk oversight of the firm's Treasury activities in the banking book. GTRM is a unit within the Financial Risk group of Enterprise Risk Management (ERM).
We seek to hire an experienced senior Market Risk Manager to provide second line oversight of the bank's trading and market risk activities within the Markets and Treasury divisions across the globe.
Position and Primary Duties and Responsibilities
The Market Risk Manager will:
  • Provide global independent risk oversight of market risk, including identification of risks and drivers, establishment and maintenance of risk limits and other risk controls, measurement and analysis of risks, and monitoring and reporting of risks, including validation of position data and risk calculations
  • Help develop and implement risk management systems (specifying requirements, supporting implementation and testing)
  • Prototyping and development of enhanced risk management tools
  • Collaborate with the Model Analytics team in implementation of market risk metrics and models
  • Perform stress testing, identify portfolio vulnerabilities and support the stress testing scenario design process
  • Monitor Market Risk limits and appropriately escalate exceptions
  • Identify risks and assess the implementation requirements for new products
  • Analyze, implement and ensure adherence to established and new regulatory requirements, like the Market Ris Rule, Fundamental Review of the Trading Book (FRTB), Volcker, and Swap Dealer requirements
  • Develop good working relationships with colleagues within Financial Risk and ERM, business units, support functions (e.g., operations, assurance functions) and technology. Interaction with traders and other support functions required
  • Contribute to risk and/or regulatory projects as required; independently driving forward assigned tasks

This position is for a self-motivated senior Market Risk Manager with a strong technical and quantitative aptitude, expert knowledge of traded products and their risks as well as the regulatory landscape and the ability to influence and engage senior stakeholders. The candidate will contribute to the establishment and maintenance of best practices and governance policies pertaining to report compilation, data integrity, and distribution.
Qualifications, Skills and Experience
  • 7+ years of experience in market risk, ideally within a major bank
  • A bachelors or advanced degree in economics, finance, a quantitative or other related field required
  • Familiarity with Foreign Exchange and Interest Rate Derivatives; in-depth knowledge of interest swaps, cross-currency swaps, forwards, FX NDFs, FX and IR options
  • Strong quantitative background, experience in risk modelling, ability to take model ownership and improve on existing risk models (Value-at-Risk, sensitivities, back-testing)
  • Excellent systems skills and ability to develop prototypes using Python and SQL; experience using Bloomberg/Reuters preferred
  • Critical thinking ability and analytical skills - able to identify problems and limitations, propose solutions, and proactively address these directly.
  • Ability to communicate and write clear and precise technical documentation describing processes and methodologies.
  • Comfortable in conflict resolution
  • Team player with unquestionable integrity and ethical standards

Salary Range:
$120,000 - $202,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street logo

About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

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