What are the responsibilities and job description for the Financial Risk Manager position at Rite-Hite?
At Rite-Hite, your work makes an impact. As the global leader in loading dock and door equipment, we design and deliver solutions that keep our customers safe, secure, and productive. Here, you’ll find innovation, stability, and the chance to grow your career as part of a team that’s always looking ahead.
Our Treasury and Financial Risk team is expanding the footprint and complexity of our work. This is a newly created position that will broaden our capabilities in several key risk areas, including insurance.
Primary Responsibilities:
What We Offer
At Rite-Hite, we take care of our people – because when you’re supported, you can do your best work. Our benefits are designed to support your health, your future and your life outside of work:
Rite-Hite is proud to be an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under federal, state, or local law. In accordance with VEVRAA, we are committed to providing equal employment opportunities for protected veterans. We are also committed to maintaining a drug-free workplace for the safety of our employees and customers.
Our Treasury and Financial Risk team is expanding the footprint and complexity of our work. This is a newly created position that will broaden our capabilities in several key risk areas, including insurance.
Primary Responsibilities:
- Support the design and execution of the company’s financial risk management approach, including governance, policies, and controls.
- Identify and monitor key financial risks (interest rate, foreign exchange, and insurance exposures).
- Build and maintain financial models to quantify exposures and run scenario and stress analyses.
- Manage insurance and risk financing programs (domestic, global, and captive), including oversight of financial performance and capital levels.
- Work with Finance leadership to evaluate and execute hedging strategies and other risk mitigation actions.
- Prepare regular risk reporting for senior leadership, including clear summaries of exposures and trends.
- Collaborate with cross-functional stakeholders (including Family Office) to identify risks, improve risk awareness, and embed risk management best practices into business processes.
- Support ad hoc projects related to financial risk, capital structure, and Treasury initiatives.
- Bachelor’s degree in Finance, Risk Management, Accounting, Economics, or a related discipline is required. Advanced degree or professional certification (e.g., MBA, CFA, FRM, or CTP) is a plus.
- 7-9 years of experience in financial risk management, treasury, corporate finance, or a related analytical role.
- Experience developing and maintaining financial models to evaluate risk exposures, stress testing, and sensitivity analysis is required.
- Experience supporting insurance and risk financing programs, including domestic, global and captive structures is preferred.
- Strong understanding of financial risks, including interest rate, foreign exchange, insurance, banking, and credit exposures, and how they are measured.
- Advanced analytical skills, with experience in financial modeling, scenario analysis, and stress testing risk exposures.
- Ability to evaluate total cost of risk and determine appropriate risk retention strategies.
- Experience analyzing loss volatility and capital efficiency in the context of insurance and risk financing decisions.
- Demonstrated negotiation skills and experience managing relationships with brokers, carriers, and other external partners.
- Working knowledge of risk management frameworks and governance practices.
- Ability to translate complex data and risk concepts into clear and actionable takeaways.
- Strong communication skills, with the ability to explain technical topics to non-technical stakeholders.
- Detail-oriented, with a practical, problem-solving mindset.
- Comfortable working across functions and partnering with different teams.
What We Offer
At Rite-Hite, we take care of our people – because when you’re supported, you can do your best work. Our benefits are designed to support your health, your future and your life outside of work:
- Health & Well-being: Comprehensive medical, dental, and vision coverage, plus life and disability insurance. A robust well-being program with an opportunity to receive an extra day off and more.
- Financial Security: A strong retirement savings program with 401(k), company match, and profit sharing.
- Time for You: Paid holidays, vacation time, and personal/sick days each year.
Rite-Hite is proud to be an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under federal, state, or local law. In accordance with VEVRAA, we are committed to providing equal employment opportunities for protected veterans. We are also committed to maintaining a drug-free workplace for the safety of our employees and customers.