This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersFinancial Risk Managers assess financial risks to develop strategies and plans that minimise potential impacts on an organisation's finances.
Get qualified to work as a Financial Risk Manager with a course recognised across Australia. Speak to a training provider to learn more.
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In Australia, a full time Financial Risk Manager generally earns $2,692 per week ($139,984 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only.
There are no clear figures for Financial Risk Managers working in Australia at this time. Financial Risk Managers are usually employed by larger businesses and corporations (particularly in financial services and insurance), but they also work as independent consultants.
Source: Australian Government Labour Market Insights
Financial Risk Managers need advanced skills in financial strategy and risk management. Try the Advanced Diploma of Integrated Risk Management or the Executive Certificate in Resilience Policy. These courses take 12-18 months to complete. Financial Risk Managers are usually degree qualified in accounting or commerce.
Financial Risk Managers identify potential risks to an organisation’s finances, then develop contingency plans, strategies, and procedures to minimise the risk. They review risks to earning capacity, cashflow, investments and assets.
As a Financial Risk Manager you could be reviewing the company’s insurance coverage, advising the CEO on the best way to manage (and mitigate) a new risk to cashflow, or preparing a report about a change to Regulations and Australian Standards.