Risk Management Specialist Jobs in Buffalo, NY

A Risk Management Specialist in the finance industry is responsible for identifying, analyzing, and mitigating potential risks that could negatively impact an organization's financial and operational effectiveness. They develop risk management processes and policies, ensure compliance with regulatory requirements, and provide risk-related advice to senior management. Their work involves continuous oversight of financial transactions, investment strategies and market trends to identify potential issues early, enabling proactive risk management. They also conduct periodic risk assessments, maintain risk management databases, and prepare risk analysis reports for the management.

To be effective in their roles, Risk Management Specialists should have strong analytical skills, good judgement, and a keen eye for details. They should be proficient in risk analysis software and have a solid understanding of financial markets and investment strategies. A bachelor's degree in Finance, Business, Economics or a related field is typically required, and professional certifications like Certified Risk Manager (CRM) or Financial Risk Manager (FRM) could be beneficial. Prior to becoming a Risk Management Specialist, a person might have roles such as Risk Analyst, Financial Analyst, or Compliance Officer to gain the necessary experience and understanding of the financial industry.

1-5 of 5 Jobs

Small Business Portfolio Management Specialist

  • Northwest Bancorp, Inc.
  • Buffalo, NY
  • 5 days ago
  • Buffalo, NY
  • 5 days ago

NY0705 NY Region Business Office, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0258 Bellevue, PA0736 Administration Center Job Description The Portfolio Management Specialist is...

In Person

Senior Quantitative Risk Manager - BSA/AML

  • M&T Bank
  • Buffalo, NY
  • 14 days ago
  • Buffalo, NY
  • 14 days ago

Senior Quantitative Risk Manager - BSA/AML M&T Bank - 3.4 Buffalo, NY Job Details Full-time $148,300 - $247,100 a year 9 hours ago Qualifications Statistics Statistics SAS SAS language SQL...

In Person

Portfolio Manager

  • Arbor Realty Trust, Inc.
  • Buffalo, NY
  • 30+ days ago
  • Buffalo, NY
  • 30+ days ago

Back to jobs New Portfolio Manager Buffalo, New York Apply The Portfolio Manager is responsible for managing the performing Agency portfolio consisting of Fannie Mae, Freddie Mac, HUD, and conduit...

In Person

Operational Risk Specialist (Hybrid - Buffalo, NY)

  • M&T Bank
  • Buffalo, NY
  • 30+ days ago
  • Buffalo, NY
  • 30+ days ago

The Operational Insurance Specialist provides operational and administrative support for the Banks insurance program. This role assists with insurance procurement activities, policy renewals,...

Hybrid

BankOnBuffalo, Commercial Loan Portfolio Manager

  • CNB Bank
  • Buffalo, NY
  • 60+ days ago
  • Buffalo, NY
  • 60+ days ago

Description Responsible for managing an assigned commercial loan portfolio and performing duties to meet the commercial services needs of business customers; complying with operating policies and...

In Person

Demographic Data for Buffalo, NY

Moving to Buffalo, NY? Find some basic demographic data about Buffalo, NY below.


Local
National
592,039
14,170
Large

Risk Management Specialist Online Courses and Training Opportunities

iHireFinance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Risk Assessment and Management
In recent years, managing workplace safety and health has taken a more proactive approach, recognising that determining and overcoming hazards before they cause injury or illness is more effective...
Unlocking the Risk Matrix: Project Risk and the Change Management Process
The key to good project management is good risk management and this short course will tell you everything you need to know about risk and control management. This objective-led course will equip...
Understanding Cyber Risk Management Strategies
Cybersecurity isnt just about technical fixes, it requires strategic risk management to protect organisations against complex threats. This course equips you with advanced skills in cyber risk...

Title Synonyms

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Salary for Risk Management Specialist Jobs in Buffalo, NY

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireFinance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Risk Management Specialist positions.



Highest Education Level

Risk Management Specialists in Buffalo, NY offer the following education background
Bachelor's Degree
44.3%
Master's Degree
41.9%
Doctorate Degree
4.1%
Associate's Degree
3.3%
High School or GED
3.2%
Vocational Degree or Certification
2.7%
Some College
0.5%
Some High School
0.1%


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