Career profile · SOC ESC-D5FDC189

financial risk manager

Financial risk managers identify and assess potential risk areas threatening the assets or capital of organisations and give advice on how to deal with them. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control financial risk and review documentation for legal compliance.

financial risk manager financial risk managers identify and assess potential risk areas threatening the assets or capital of organisations and give advice on how to deal with them. They specialise in either credit, market, operational or regulatory risk analysis. The role shows moderate AI exposure (0.50 on a 0-1 scale) — some tasks are being automated but the role adapts. The most in-demand skills for the role include risk transfer, financial forecasting, financial management, risk management, international commercial transactions rules.

AI exposure
5.0/10
automation risk

Pay in the UK

UK: median £28,532 a year for Credit controllers (ONS ASHE 2025, full-time)

Middle half of full-time jobs: £25,020 to £34,408 a year

UK jobs are grouped differently; this is the closest UK occupation group (ONS SOC 2020 4121). ONS rates this estimate reasonably precise. 2025 provisional figures; ONS revises them a year later. Source: ONS Annual Survey of Hours and Earnings (Open Government Licence)

Pay in India (occupation group)

Average monthly earnings of salaried employees in the occupation group “Technicians and associate professionals” in India, from the Government of India's Periodic Labour Force Survey (January–December 2025). It covers everyone in this group, not only financial risk manager, and it is not US pay converted to rupees.

Urban India
₹31,909 a month
Rural India
₹18,966 a month
All India
₹26,175 a month

Source: MoSPI (Government of India), Periodic Labour Force Survey Annual Report 2025, Table 51 — average wage/salary earnings of regular wage/salaried employees, NCO-2015 division 3. Official India data gives one average per occupation group: there are no official India figures for single careers, experience levels or cities. Read the report

Top skills

risk transfer financial forecasting financial management risk management international commercial transactions rules assessment of risks and threats risk identification economics financial analysis financial jurisdiction

Frequently asked questions

What does financial risk manager do?

Financial risk managers identify and assess potential risk areas threatening the assets or capital of organisations and give advice on how to deal with them. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control financial risk and review documentation for legal compliance.

What skills does financial risk manager need?

The most in-demand skills for this role include risk transfer, financial forecasting, financial management, risk management, international commercial transactions rules, assessment of risks and threats. These are the skills O*NET identifies as most important for competent performance.

Will AI replace financial risk manager?

Our AI-durability model gives financial risk manager a score of 0.50 on a 0-1 scale (higher = more exposure). That places it at moderate AI exposure — some tasks are being automated but the role adapts. Learning to work with AI tools rather than against them is the path forward.

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