Financial Risk Management Jobs in New York
Financial risk management jobs in New York are among the most active in the country, concentrated in banking, asset management, insurance, and financial technology across a seniority range from junior analyst through managing director. Most hiring happens in Manhattan, with secondary clusters in Jersey City and Stamford, where institutions like JPMorgan Chase, Goldman Sachs, and Citigroup maintain large risk divisions. The most in-demand specialties include credit risk, market risk, and model risk governance. Find a role that fits below and apply directly.
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Showing 5 of 19+ Financial Risk Management jobs
INTRODUCTION
Senior second-line risk leader responsible for overseeing financial and strategic risks, providing independent challenge and enterprise-wide insights across key risk disciplines. Leverages deep experience within a $10B+ bank or credit union environment to align risk oversight with business objectives, regulatory expectations, and risk appetite, while translating complex risk exposures into actionable insights for executive leadership and the Board. This position is hybrid.
SALARY RANGE
NYC Salary Range: $200,000 - $225,000 annually: compensation is commensurate to geographic location.
ROLE AND RESPONSIBILITIES
Enterprise Risk Leadership
- Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.
- Lead financial and strategic risk management frameworks, partner with the CRO to advance ERM strategy, and provide independent risk insights that support executive decision-making.
Financial Risk Oversight
- Provide second-line oversight of key financial risks, including capital, liquidity, interest rate, credit, and funding risks, while overseeing KRIs and risk metrics to ensure alignment with risk appetite, consistent reporting, and timely escalation of threshold breaches.
- Monitor macroeconomic trends and assess the interdependencies of financial, strategic, and operational risks to evaluate their impact on the enterprise risk profile.
- Oversee the Insurance Risk Management Program, ensuring coverage strategies, limits, and carrier relationships align with the credit union’s risk profile and capital protection objectives.
Enterprise Stress Testing & Scenario Analysis
- Provide second-line oversight of enterprise stress testing and scenario analysis, including scenario design, severity calibration, and key assumptions.
- Review stress testing results to assess impacts on capital, liquidity, earnings, and strategic resilience, ensuring outputs inform risk appetite monitoring, contingency planning, and strategic decision-making.
Strategic Risk Oversight
- Oversee and independently challenge strategic risks arising from business initiatives, growth plans, funding strategies, external dependencies, and changing market conditions, ensuring risks are identified early and incorporated into decision-making.
- Evaluate the risk implications of strategic initiatives, including new products, market changes, and balance sheet growth, ensuring strategic risks are incorporated into enterprise risk assessments, dashboards, and Board reporting.
Risk Appetite and Threshold Governance
- Support the CRO in the design, enhancement, and implementation of the financial and strategic risk appetite framework.
- Ensure risk appetite statements are supported by clearly defined KRIs, limits, measurable thresholds, and escalation protocols, while independently challenging first-line activities to confirm alignment between risk appetite and actual risk-taking.
Board and Executive Reporting
- Prepare and deliver strategic and financial risk reporting to senior leadership and the Board, integrating key risk insights into enterprise-wide reporting, dashboards, and risk aggregation activities.
- Establish and maintain effective risk governance, policies, and procedures, while co-leading the Risk Management Committee and facilitating cross-functional risk discussions.
Regulatory & Examiner Engagement
- Serve as a senior subject matter expert during regulatory examinations and audits related to financial and strategic risk management, supporting examiner inquiries on risk measurement, monitoring, stress testing, and risk appetite governance.
- Monitor evolving regulatory guidance impacting financial and strategic risk practices and perform additional responsibilities as assigned.
- Ensure compliance with federal and state laws and regulations and UNFCU’s Code of Ethics & Business Conduct.
BASIC QUALIFICATIONS
- Bachelor’s degree in Finance, Economics, Risk Management, Information Systems, or a related field (advanced degree preferred) and 10+ years of risk management experience within a $10B+ bank or credit union.
- Demonstrated second-line oversight experience in financial risk metrics, KRIs, thresholds, stress testing, scenario analysis, and strategic/enterprise risk assessments, with a strong understanding of regulatory expectations for large, complex financial institutions.
- Proven ability to communicate complex risk information to senior executives and Boards; professional certifications such as FRM or CFA are a plus.
- Advanced MS Office skills, particularly in Excel, with strong knowledge of enterprise risk management frameworks and regulatory environments.
PREFERRED QUALIFICATIONS
- Experience within a $10B+ bank or credit union environment.
- Executive-level communication and influence skills, with proficiency in leveraging insurance products for risk mitigation and transfer.
- Deep understanding of financial markets, strategic planning, risk measurement, and limits governance.
- Sound risk judgment, independent thinking, and a strategic, enterprise-wide perspective.
WHO WE ARE
UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.
UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by country, federal, state or local laws.
INTRODUCTION
Senior second-line risk leader responsible for overseeing financial and strategic risks, providing independent challenge and enterprise-wide insights across key risk disciplines. Leverages deep experience within a $10B+ bank or credit union environment to align risk oversight with business objectives, regulatory expectations, and risk appetite, while translating complex risk exposures into actionable insights for executive leadership and the Board. This position is hybrid.
SALARY RANGE
NYC Salary Range: $200,000 - $225,000 annually: compensation is commensurate to geographic location.
ROLE AND RESPONSIBILITIES
Enterprise Risk Leadership
- Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.
- Lead financial and strategic risk management frameworks, partner with the CRO to advance ERM strategy, and provide independent risk insights that support executive decision-making.
Financial Risk Oversight
- Provide second-line oversight of key financial risks, including capital, liquidity, interest rate, credit, and funding risks, while overseeing KRIs and risk metrics to ensure alignment with risk appetite, consistent reporting, and timely escalation of threshold breaches.
- Monitor macroeconomic trends and assess the interdependencies of financial, strategic, and operational risks to evaluate their impact on the enterprise risk profile.
- Oversee the Insurance Risk Management Program, ensuring coverage strategies, limits, and carrier relationships align with the credit union’s risk profile and capital protection objectives.
Enterprise Stress Testing & Scenario Analysis
- Provide second-line oversight of enterprise stress testing and scenario analysis, including scenario design, severity calibration, and key assumptions.
- Review stress testing results to assess impacts on capital, liquidity, earnings, and strategic resilience, ensuring outputs inform risk appetite monitoring, contingency planning, and strategic decision-making.
Strategic Risk Oversight
- Oversee and independently challenge strategic risks arising from business initiatives, growth plans, funding strategies, external dependencies, and changing market conditions, ensuring risks are identified early and incorporated into decision-making.
- Evaluate the risk implications of strategic initiatives, including new products, market changes, and balance sheet growth, ensuring strategic risks are incorporated into enterprise risk assessments, dashboards, and Board reporting.
Risk Appetite and Threshold Governance
- Support the CRO in the design, enhancement, and implementation of the financial and strategic risk appetite framework.
- Ensure risk appetite statements are supported by clearly defined KRIs, limits, measurable thresholds, and escalation protocols, while independently challenging first-line activities to confirm alignment between risk appetite and actual risk-taking.
Board and Executive Reporting
- Prepare and deliver strategic and financial risk reporting to senior leadership and the Board, integrating key risk insights into enterprise-wide reporting, dashboards, and risk aggregation activities.
- Establish and maintain effective risk governance, policies, and procedures, while co-leading the Risk Management Committee and facilitating cross-functional risk discussions.
Regulatory & Examiner Engagement
- Serve as a senior subject matter expert during regulatory examinations and audits related to financial and strategic risk management, supporting examiner inquiries on risk measurement, monitoring, stress testing, and risk appetite governance.
- Monitor evolving regulatory guidance impacting financial and strategic risk practices and perform additional responsibilities as assigned.
- Ensure compliance with federal and state laws and regulations and UNFCU’s Code of Ethics & Business Conduct.
BASIC QUALIFICATIONS
- Bachelor’s degree in Finance, Economics, Risk Management, Information Systems, or a related field (advanced degree preferred) and 10+ years of risk management experience within a $10B+ bank or credit union.
- Demonstrated second-line oversight experience in financial risk metrics, KRIs, thresholds, stress testing, scenario analysis, and strategic/enterprise risk assessments, with a strong understanding of regulatory expectations for large, complex financial institutions.
- Proven ability to communicate complex risk information to senior executives and Boards; professional certifications such as FRM or CFA are a plus.
- Advanced MS Office skills, particularly in Excel, with strong knowledge of enterprise risk management frameworks and regulatory environments.
PREFERRED QUALIFICATIONS
- Experience within a $10B+ bank or credit union environment.
- Executive-level communication and influence skills, with proficiency in leveraging insurance products for risk mitigation and transfer.
- Deep understanding of financial markets, strategic planning, risk measurement, and limits governance.
- Sound risk judgment, independent thinking, and a strategic, enterprise-wide perspective.
WHO WE ARE
UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.
UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by country, federal, state or local laws.
See All 19 Financial Risk Management Jobs in New York
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Find JobsFinancial Risk Management Jobs by City in New York
Where New York roles are concentrated, by current openings.
Financial Risk Management Job Market in New York
A snapshot from current New York openings, updated as new roles post.
Who's Hiring
- Capgemini4
- Cgc Financial, P.C.3
- EY2
- Ally Financial1
- Bank of China USA1
Top Industries Hiring
- Investment & Asset Management5
- Technology & Software5
- Banking & Financial Services4
- Accounting & Auditing2
What New York Employers Look For
The qualifications that appear most often in financial risk management jobs across New York.
- FRM, CFA, or PRM certification recognized by New York financial institutions
- Bachelor's or master's degree in finance, mathematics, statistics, or economics
- Proficiency in quantitative risk modeling tools such as Python, R, or MATLAB
- Experience with regulatory frameworks including Basel III, Dodd-Frank, or CCAR
- Hands-on knowledge of Bloomberg, Moody's Analytics, or similar risk platforms
- Strong written and verbal communication skills for senior stakeholder reporting
Financial Risk Management Jobs in New York: Frequently Asked Questions
How do you become a financial risk management in New York?
Most financial risk management roles in New York require a bachelor's degree in finance, economics, mathematics, or a related quantitative field, with a master's degree increasingly expected at larger institutions. The Financial Risk Manager credential issued by the Global Association of Risk Professionals is widely recognized by New York employers and often listed as a preferred or required qualification. Candidates typically begin in analyst roles at banks, asset managers, or insurance firms before moving into dedicated risk functions.
How much do financial risk managements make in New York?
Financial risk managements in New York earn a median of about $136,830 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $84,550 for the lowest 10% to over $220,260 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire financial risk managements in New York?
Employers hiring financial risk managements in New York right now include Capgemini, Cgc Financial, P.C., and EY, based on current listings on Migrate Mate as of June 2026. New York's concentration of global investment banks, insurance carriers, and asset managers makes it one of the deepest hiring markets for risk professionals in the world.
Which New York cities have the most financial risk management jobs?
The most financial risk management openings in New York are concentrated in New York, Long Island City, and Washington. Manhattan dominates because of its density of investment banks, hedge funds, and insurance headquarters, while Jersey City and Stamford serve as overflow hubs for major institutions that maintain back-office and risk operations just outside the city core.
Are there remote financial risk management jobs in New York?
Yes, and more than most fields. About 53% of financial risk management openings tied to New York are remote or hybrid as of June 2026, reflecting the desk-based, analytical nature of the work. Roles in model validation, regulatory reporting, and quantitative analysis tend to offer the most remote flexibility, while positions requiring daily collaboration with trading desks typically require on-site presence.
How can I get hired as a financial risk management in New York with little or no experience?
The most realistic entry path is through a junior analyst or risk associate role at a New York bank or insurance firm, where rotation programs at institutions like Morgan Stanley, MetLife, and American Express give candidates structured exposure across risk functions. Completing the first part of the FRM exam signals commitment and gives an edge over equally inexperienced candidates. Adjacent roles in financial analysis, audit, or compliance frequently serve as lateral moves into risk, and several New York firms post dedicated new-graduate risk analyst openings each spring.
Where can I find and apply to financial risk management jobs in New York?
You can find and apply to financial risk management jobs in New York on Migrate Mate, which lists current openings across the state. Find roles that fit your experience and apply directly.
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