Market Update

Inside the USA’s Risk Management Talent Market

Risk management is central to the stability and compliance of the USA’s financial system. But the strength of a firm's risk function depends on the strength of its people.

This report breaks down current hiring trends, salary benchmarks, and emerging priorities across key risk verticals - giving organizations and professionals the knowledge to build better teams.

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What’s inside the report?

  • Risk Market Trends: Explore current trends across the USA’s financial services risk management space, from talent shortages to shifts in hiring strategies.
  • Risk Vertical Deep Dives: In-depth analysis of key risk verticals, including commercial and consumer credit, operational, enterprise, liquidity, treasury, and buy side risk.
  • Risk Vertical Overviews: Explore the latest market and hiring movements across market, model, fraud, and technology risk, plus prime brokerage and commodities.
  • 2025 Salary Guidance: Benchmark salaries and compare pay ranges across the USA’s major risk hubs and verticals.
  • Key Takeaways for Hiring Managers: Benefit from actionable hiring recommendations to inform your talent decisions.
  • Key Takeaways for Risk Professionals: Gain expert advice to support your negotiations and plan your next career move.

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Researched and written by Selby Jennings risk experts

Produced by Selby Jennings’ USA risk management team, this report draws on up-to-date market intelligence, verified salary data from recent placements, and ongoing conversations with leading financial institutions and professionals nationwide. Our consultants have decades of combined experience hiring across key verticals including model, market, liquidity, credit, operational, and fraud risk.

2025 USA risk management recruitment outlook

A candidate-drive market remains the norm

Despite tighter economic conditions, hiring across risk management roles in the USA continues. Demand is especially strong in liquidity risk, capital policy, and treasury management. Risk professionals with mid-level experience are in high demand, as they bring the perfect mix of independence, technical knowledge, and adaptability.

AI and automation are shaping future skill sets

Many institutions are formalizing AI governance strategies, particularly in model risk and fraud. Professionals who can interpret machine learning outputs through a regulatory lens are becoming essential. Python, SQL, and explainable AI are fast becoming baseline competencies in financial services risk hiring.

Geographic flexibility is expanding, but RTO policies persist

New York still leads in volume, but markets like Charlotte, Dallas, Tampa, and Chicago are emerging as key hiring hubs. While hybrid work is still offered, full-time remote roles are becoming rare, particularly in oversight-heavy areas. Firms that balance location flexibility with clear communication around in-office policies are seeing better retention outcomes.

Hiring managers face pressure to move fast and act decisively

Top risk professionals often field multiple offers, and those with capital markets, ALM, private credit, or quantitative risk backgrounds are particularly sought after. Firms that streamline interviews and showcase long-term growth opportunities will gain a competitive edge.

For professionals, cross-functional agility matters

Credit risk specialists are stepping into roles with embedded finance, model governance, or ESG integration. The most competitive candidates demonstrate the ability to work across analytics, compliance, and technology. Career progression increasingly depends on mastering both risk concepts and data fluency.

Compensation remains a top priority, especially at mid-level

While salary inflation has slowed since 2023–2024, expectations remain high. Total compensation packages including equity, bonus schemes, and development opportunities are essential to attract and retain top performers in risk management roles.

FAQ: Risk management in the USA

Liquidity risk, capital policy, model risk, operational risk, and private credit roles are seeing the highest hiring activity across both buy and sell side institutions.

Looking for your next career opportunity? Browse our current risk management vacancies across leading financial firms.

New York is the largest hub for risk management roles in the USA, but Charlotte, Dallas, Tampa, Chicago, and San Francisco are rapidly growing as alternatives due to their lower operating and living costs, expanding financial infrastructure, and deepening local talent pools.

Technical fluency in Python, SQL, and data analytics is increasingly expected. Candidates with experience in AI/ML governance, regulatory frameworks, or model validation are especially competitive.

AI is driving demand for professionals who understand automation risks, explainability, and compliance. Model governance is a fast-growing vertical, and AI fluency is an advantage even in traditional roles.

Hiring is expected to remain steady, particularly in response to evolving regulations, digital transformation, and expansion into private markets. Treasury, liquidity, and credit risk will be priority functions.

If you’d like further support with your risk management headcount planning or hiring requirements, request a call back from the Selby Jennings team. Our specialists can provide bespoke market insights, benchmarking data, and hiring strategies to help you secure the right talent.

Mid-level talent is receiving the most competitive offers. Total compensation (including bonuses, flexible benefits, and upskilling opportunities) is now a primary differentiator for employers.

Download 'Inside the USA's Risk Management Talent Market' by completing the form above to access current base salary and total compensation benchmarks for key risk verticals and financial hubs across the USA.

Need support with risk recruitment? Speak to our specialists

Whether you’re building resilience, meeting new regulations, or filling leadership gaps, hiring the right risk talent is essential.

Our consultants specialize in risk recruitment across financial centers globally, helping firms secure professionals with the technical depth and regulatory insight to make an immediate impact. Speak with our team to learn more about our talent solutions.

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