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Head Of Operational Risk Jobs (NOW HIRING)

Bank of Hawaii

Operational Risk Manager

Honolulu, HI · On-site

$124K - $220K/yr

Leads the identification, assessment, and ongoing monitoring of operational risks across assigned business units or functions. Conducts risk and control self-assessments, evaluates process ...

Barclays

Operational Risk AVP

Wilmington, DE · On-site

Purpose of the role To provide independent review and challenge of the Operational Risk elements of particular risk categories across the bank. Ensuring they are carried out in accordance with ...

Goldman Sachs Bank AG

Operational Risk

Irving, TX · On-site

Asset & Wealth Management, Operational Risk, Associate - Irving location_on Irving, TX, United ... Manage all aspects of issue identification, analysis, remediation and monitoring & reporting ...

Bank of Hawaii

Operational Risk Manager

Honolulu, HI · On-site

Minimum 12 years of experience in operational risk management, internal controls, audit, compliance, banking operations, or related financial services functions, including experience with risk and ...

Wise

Operational Risk Manager

Austin, TX

As part of our team, you will be helping us create an entirely new network for the world's money ... We're looking for an Operational Risk Manager to own the day-to-day operational risk and issues ...

Wise

Operational Risk Manager

Austin, TX

As part of our team, you will be helping us create an entirely new network for the world's money ... We're looking for an Operational Risk Manager to own the day-to-day operational risk and issues ...

Metrea

Head of Crew Training

Tampa, FL · On-site

Position Summary Reporting to the Head of Aviation Operations (US), the Head of Crew Training is ... Promote Safety Management System (SMS) principles and operational risk management throughout all ...

SSP Deutschland GmbH

Als Head of Operational Excellence (m/w/d) DACH treibst Du unsere operative Agenda voran. Du verknüpfst Daten direkt mit messbaren Erfolgen in der Gewinn- und Verlustrechnung (P&L) und gestaltest ...

Wise

Operational Risk Manager

Austin, TX · On-site

As part of our team, you will be helping us create an entirely new network for the world's money ... We're looking for an Operational Risk Manager to own the day-to-day operational risk and issues ...

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Head Of Operational Risk information

See salary details

$47K

$120.7K

$237K

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

As of Sep 10, 2026, the average yearly pay for head of operational risk in the United States is $120,706.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $159,000.00 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 cities are hiring for Head Of Operational Risk jobs?

Cities with the most Head Of Operational Risk job openings:

What states have the most Head Of Operational Risk jobs?

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Head Of Operational Risk jobs near you
Infographic showing various Head Of Operational Risk job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 87% Full Time, 11% Part Time, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $120,706 per year, or $58 per hour.

Operational Risk Manager

Honolulu, HI • On-site

Bank of Hawaii
Commercial Banking • 1 - 5K employees
Learn more about Bank of Hawaiiexternal

$124K - $220K/yr

Full-time

This job post has expired 2 days ago. Applications are no longer accepted.

Key responsibilities

  • Lead the identification, assessment, and ongoing monitoring of operational risks across assigned business units or functions.

  • Design, implement, and oversee first-line monitoring routines, quality assurance reviews, control testing, and other risk management activities.

  • Oversee the identification, escalation, tracking, and remediation of control gaps, exceptions, errors, and operational incidents.

Bank Of Hawaii rating

7.0

Company rating: 7.0 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

Job description


As an Individual Contributor, this role is responsible for leading operational risk management activities and influencing the development of a strong and sustainable control environment. This position partners with business unit leaders to assess emerging risks, strengthen operational controls, and integrate risk management considerations into strategic initiatives, process improvements, and organizational transformation efforts. The role serves as a key advisor to leadership and risk partners, providing insight and guidance that supports operational integrity, regulatory compliance, and effective governance.
Responsibilities
  • Risk Identification and Assessment: Leads the identification, assessment, and ongoing monitoring of operational risks across assigned business units or functions. Conducts risk and control self-assessments, evaluates process vulnerabilities and control effectiveness, and maintains a current view of the operational risk profile to inform business decisions and risk mitigation priorities.
  • Control Environment and Monitoring: Designs, implements, and oversees first-line monitoring routines, quality assurance reviews, control testing, and other risk management activities. Evaluates the design and effectiveness of embedded controls, identifies gaps, and drives enhancements that reduce residual risk and strengthen operational resilience.
  • Policy, Procedure, and Compliance Governance: Ensures operational procedures are documented, maintained, and aligned with enterprise policies, regulatory requirements, and industry standards. Partners with business units to promote procedural consistency, support the standardization of practices, and reinforce compliance with applicable laws, regulations, and Bank requirements.
  • Issue and Exception Management: Oversees the identification, escalation, tracking, and remediation of control gaps, exceptions, errors, and operational incidents. Performs root cause analyses, evaluates the adequacy of corrective action plans, and validates that remediation efforts are timely, effective, and sustainable.
  • Risk Reporting and Governance: Develops and presents operational risk reporting, dashboards, and analyses to leadership and applicable governance forums. Provides data-driven insights regarding risk trends, emerging concerns, control effectiveness, and the overall health of the control environment to support informed decision-making and appropriate risk acceptance.
  • Strategic Partnership and Advisory: Serves as a key advisor to business leaders, second-line risk and compliance partners, audit, and other stakeholders on complex operational risk and control matters. Provides risk-based guidance for strategic initiatives, process improvements, automation, system modernization, and organizational changes, and supports responses to audit and regulatory examination requests.
  • Performs other responsibilities and duties as assigned.

Qualifications
  • Bachelor's degree in business administration, finance, accounting, risk management, or a related field. Equivalent work experience or certification(s) may be considered in lieu of degree.
  • Minimum 12 years of experience in operational risk management, internal controls, audit, compliance, banking operations, or related financial services functions, including experience with risk and control self-assessments, control testing, issue remediation, project management, and process improvement.
  • Proficient with Microsoft Office applications.
  • Advanced knowledge and skill proficiency in business acumen, continuous improvement, corporate governance, customer experience, decision making & judgement, financial risk management, laws & regulations, operational risk management, regulatory compliance, risk management, and strategic thinking.
  • Intermediate knowledge and skill proficiency in financial modeling, model risk management, and risk governance.
  • Demonstrates excellent verbal and written communication skills, strong analytical abilities, attention to detail, and intellectual curiosity. Able to manage multiple priorities, build effective relationships, influence stakeholders, exercise discretion with sensitive information, and adapt to changing business needs in both independent and collaborative environments.

As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.
Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow.
We are an EEO/AA employer, including disability and veterans. For Bank of Hawaii's full EEO statement, please visit https://www.boh.com/careers.

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