Risk Management Specialist Jobs in Rochester, 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.

1-4 of 4 Jobs

Vice President, Portfolio Management (Upper Middle Market)

  • Rochester, NY
  • 1 day ago
  • Rochester, NY
  • 1 day ago

Location:** 127 Public Square - Cleveland, Ohio 44114 *** COMMERCIAL PM TEAM IS GROWING*** **Job Summary** The VP, Portfolio Management is an individual contributor responsible for performing...

Remote Work

Location: Anywhere in Country At EY, were all in to shape your future with confidence. Well help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you...

Commercial Banking Portfolio Manager

  • Victor, NY (15 miles from Rochester, NY)
  • 2 days ago
  • Victor, NY (15 miles from Rochester, NY)
  • 2 days ago

Overview At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division,...

Senior Risk Analyst

  • Rochester, NY
  • 25 days ago
  • Rochester, NY
  • 25 days ago

Insight Global is seeking an Enterprise Risk Management Senior Analyst for one of our clients in Rochester, NY who is a not-for-profit financial institution. This will be a direct hire...

Demographic Data for Rochester, NY

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


Local
National
481,148
11,600
Large

Risk Management Specialist Online Courses and Training Opportunities

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Risk Management
Gain a solid foundation in risk management by learning risk assessment, analysis, and management techniques from Wall Street professionals. Taught by instructors with decades of experience on Wall...
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...
Risk Management for Projects
Learn how to manage risk in your organization by using the best processes and procedures. Risk management is a process used for the identification, assessment and analysis of potential risks to an...

Title Synonyms

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Salary for Risk Management Specialist Jobs in Rochester, 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 Rochester, NY offer the following education background
Bachelor's Degree
44.2%
Master's Degree
42.0%
Doctorate Degree
4.1%
High School or GED
3.3%
Associate's Degree
3.2%
Vocational Degree or Certification
2.6%
Some College
0.5%
Some High School
0.1%


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