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Head Of Operational Risk Jobs in New York (NOW HIRING)

Position Overview The Head of Operations is the senior executive responsible for the end-to-end ... Own end-to-end operational delivery of all CT Plan Administrator functions, including subscriber ...

Operational Risk Manager

Stamford, CT ยท On-site

$110K - $135K/yr

This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance. This role supports the Northeast ...

Operational Risk Manager

Newark, NJ ยท On-site

$110K - $135K/yr

This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance. This role supports the Northeast ...

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Head Of Operational Risk information

See New York salary details

$51.4K

$132.1K

$259.3K

How much do head of operational risk jobs pay per year?

As of Aug 28, 2026, the average yearly pay for head of operational risk in New York is $132,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,400.00 and $174,000.00 per year, depending on experience, location, and employer.

What does a head of operational risk do?

A Head of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's day-to-day operations. They develop risk management strategies, implement policies, and ensure compliance with regulatory requirements. This role often involves overseeing risk assessments, collaborating with various departments, and reporting to senior management or the board. Their main goal is to minimize losses and enhance the organization's resilience against operational threats.

How does the head of operational risk typically collaborate with other departments to manage organizational risk?

The Head of Operational Risk works closely with departments such as compliance, audit, IT, and business units to identify, assess, and mitigate risks across the organization. Regular cross-functional meetings, risk assessments, and workshops are common practices to ensure all teams are aligned on risk management strategies. This collaborative approach helps to create a comprehensive risk culture, ensures effective communication of risk policies, and supports proactive management of emerging risks. Strong interpersonal and leadership skills are essential for building relationships and driving risk initiatives across diverse teams.

What are the key skills and qualifications needed to thrive as a head of operational risk, and why are they important?

To thrive as a Head of Operational Risk, you need strong expertise in risk management, analytical skills, and a background in finance or business, often supported by relevant degrees and industry certifications such as FRM or PRM. Familiarity with risk assessment tools, regulatory compliance systems, and data analysis platforms is typically required. Exceptional leadership, communication, and strategic thinking are crucial soft skills for influencing stakeholders and guiding risk culture. These skills and qualities are vital for identifying, mitigating, and managing risks to ensure organizational stability and regulatory compliance.

What are popular job titles related to Head Of Operational Risk jobs in New York?

For Head Of Operational Risk jobs in New York, the most frequently searched job titles are:

What cities in New York are hiring for Head Of Operational Risk jobs?

Cities in New York with the most Head Of Operational Risk job openings:

Infographic showing various Head Of Operational Risk job openings in New York as of August 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $132,056 per year, or $63.5 per hour.

Manager, Operational Risk

Cantor Fitzgerald Securities

Manhattan, NY โ€ข On-site

Full-time

Re-posted 4 days ago


Job description

As the US Head of Operational Risk Management, in this player/coach role is responsible for designing and implementing a comprehensive operational risk management framework. Your role is pivotal in fostering a strong risk culture and meeting regulatory expectations. Working closely with various business lines and functions, you will embed risk management practices and ensure the effective identification, assessment, and mitigation of operational risks.

  • Bachelor's degree in Finance, Economics, Business, or a related field.
  • 7-8 years of relevant experience, preferably within the operational risk/enterprise risk department of a financial institution.
  • Demonstrated ability to lead enterprise-wide programs across multiple legal entities and business lines.
  • Strong communication skills, with the ability to engage and articulate complex operational risk issues to Senior Management and C-suite.
  • A solid understanding of capital markets business and other operational risks, including IT security, BCP, and regulatory compliance risks.
  • Credibility at the Senior Management level, with excellent communication skills to build effective relationships.
  • Strong analytical skills and the ability to work well under pressure.
  • Experience in risk management technology implementation is an asset.
  • A proactive and solution-oriented mindset, with a track record of successful risk management initiatives.
  • Ability to work independently and manage multiple projects simultaneously.

#LI-DV1

  • Own and drive the rollout of the Operational Risk Framework across BGC Group, GFI Group, and Cantor Fitzgerald.
  • Monitor and ensure adherence to the operational risk policy and framework, facilitating training and risk awareness programs.
  • Partner with business units to quantify operational risks and oversee the capture, investigation, and root cause analysis of crystallized risk events.
  • Lead the Risk & Control Self-Assessment (RCSA) program, identifying and evaluating key operational risks and controls across the firm.
  • Expand the RCSA process for Front Office areas, ensuring rigorous risk identification and evaluation.
  • Prepare management information for risk committees, highlighting key risk and control issues, and tracking remediation plans.
  • Chair and participate in Operational Risk Committees, escalating material issues to Senior Management and the Executive Committee as needed.
  • Oversee the implementation of risk management technology solutions and ad hoc projects.
  • Stay alert to Conduct Risk issues, addressing risks to client interests, market integrity, and competition due to inappropriate practices or behaviors.
  • Build and maintain strong working relationships with Front Office personnel, Senior Management, and support functions.