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As of August 01, 2026, the average salary for a Financial Risk Manager in New Jersey is $144,340 per year, which breaks down to an hourly rate of $69.
However, a Financial Risk Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Risk Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $157,288 | $13,107 | $3,025 | $76 |
| Average | $144,340 | $12,028 | $2,776 | $69 |
| 25th Percentile | $132,757 | $11,063 | $2,553 | $64 |
Georgia IT Inc - Berkeley Heights, NJ
Hueman PE Talent Solutions - Berlin, NJ
Breakout Tools - Hackensack, NJ
Thorlabs - Newton, NJ
A Financial Risk Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Financial Risk Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Insurance... Level Financial Risk Manager | $155,685 |
| Insurance... Level Financial Risk Manager | $117,673 |
| Financial... Level Financial Risk Manager | $143,387 |
| Insurance... Level Financial Risk Manager | $199,026 |
| Insurance... Level Financial Risk Manager | $242,919 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Risk Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Financial Risk Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Software & Networking sectors offer the strongest compensation, at 20% above the average. In contrast, Financial Risk Manager positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Financial Risk Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $173,208 | $83.0 | 20% |
| Software & Networking | $173,208 | $83.0 | 20% |
| Energy & Utilities | $165,991 | $80.0 | 15% |
| Financial Services | $165,991 | $80.0 | 15% |
| Pharmaceuticals | $158,774 | $76.0 | 10% |
Understanding how a Financial Risk Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $157,288 | $13,107 | $3,025 | $76 |
| Average | $144,340 | $12,028 | $2,776 | $69 |
| 25th Percentile | $132,757 | $11,063 | $2,553 | $64 |
Ready to take the next step in your career? Browse thousands of current Financial Risk Manager job openings on our job board. Use the search bar below to find your perfect match.
Panacea Healthcare Solutions
Hightstown, NJ
Panacea Healthcare Solutions | Hightstown, NJ
Job Description. Job Description. Description. The Financial Services Manager oversees consulting and analytical work within Panacea’s Financial Services D... more
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Staffing
Jersey City, NJ
Staffing | Jersey City, NJ
Financial Reporting Manager. Location: Jersey City, NJ Duration: 6 months+ CTH. Job description. The Financial Reporting Manager will play a key role in he... more
8 Days Ago
Spencer Savings Bank
Nutley, NJ
Spencer Savings Bank | Nutley, NJ
Job Description. Job Description. BASIC FUNCTION. The Assistant Financial Center Manager provides exceptional customer service while attending to customers... more
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Spencer Savings Bank
Parsippany, NJ
Spencer Savings Bank | Parsippany, NJ
Job Description. Job Description. BASIC FUNCTION. The AT & Financial Center Manager (FCM) is generally more experienced and is responsible for managing the... more
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Veolia
Paramus, NJ
Veolia | Paramus, NJ
Job Description. Job Description. Company Description. Veolia in North America is the top-ranked environmental company in the United States for three conse... more
10 Days Ago
PVH Corp.
Bridgewater, NJ
PVH Corp. | Bridgewater, NJ
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