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Operation Risk Jobs (NOW HIRING)

Operational Risk Manager Company Description For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed ...

Operational Risk Manager

Bethesda, MD ยท On-site

$114.07K - $192.80K/yr

Responsibilities The Operational Risk Manager drives and supports the Operational Risk Management framework, to enable the Bank to effectively identify, monitor, measure, and control its operational ...

Operational Risk Manager

Bethesda, MD ยท Hybrid

$114.07K - $192.80K/yr

Responsibilities The Operational Risk Manager drives and supports the Operational Risk Management framework, to enable the Bank to effectively identify, monitor, measure, and control its operational ...

Operational Risk Manager

Bethesda, MD ยท Hybrid

$114.07K - $192.80K/yr

Responsibilities The Operational Risk Manager drives and supports the Operational Risk Management framework, to enable the Bank to effectively identify, monitor, measure, and control its operational ...

Operational Risk Manager

Bethesda, MD ยท Hybrid

$114.07K - $192.80K/yr

Responsibilities The Operational Risk Manager drives and supports the Operational Risk Management framework, to enable the Bank to effectively identify, monitor, measure, and control its operational ...

Operational Risk Manager

New York, NY ยท On-site

$200K - $250K/yr

A Career with Point72's Operational Risk Team The Operational Risk Group at Point72 is responsible for identification, monitoring, and reporting of operational risk across the firm. We also manage ...

A Career with Point72's Operational Risk Team The Operational Risk Group at Point72 is responsible for identification, monitoring, and reporting of operational risk across the firm. We also manage ...

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Operation Risk information

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How much do operation risk jobs pay per hour?

As of May 29, 2026, the average hourly pay for operation risk in the United States is $30.34, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $38.70 per hour, depending on experience, location, and employer.

What is the difference between Operation Risk vs Compliance Analyst?

AspectOperation RiskCompliance Analyst
Required CredentialsRisk management certifications, such as FRM or CRMCertifications like CAMS, CFE, or compliance-specific training
Work EnvironmentFinancial institutions, banks, or large corporations focusing on risk mitigationRegulatory agencies, financial firms, or corporations ensuring adherence to laws
Employer & Industry UsageCommon in banking, finance, and insurance sectorsWidely used in finance, banking, and corporate compliance departments

Operation Risk professionals focus on identifying, assessing, and mitigating risks that could impact business operations. Compliance Analysts ensure adherence to laws, regulations, and internal policies. While both roles involve risk management, Operation Risk is broader, emphasizing operational threats, whereas Compliance Analysts specialize in regulatory compliance.

More about Operation Risk jobs
What cities are hiring for Operation Risk jobs? Cities with the most Operation Risk job openings:
What states have the most Operation Risk jobs? States with the most job openings for Operation Risk jobs include:
Infographic showing various Operation Risk job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, 2% Temporary, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $63,100 per year, or $30.3 per hour.

Officer -Operational Risk

National Bank of Kuwait

Manhattan, NY โ€ข On-site

Full-time

Posted 3 days ago


Job description

Job Purpose:

Contribute to the efficient and accurate processing of Operation Risk activities, including handling of all Investigation/Compensation inquiries, daily Bank Nostro Reconcilements, internal control duties, and the coordination and delivery of internal projects and process improvements in support of regulatory compliance, operational efficiency, and risk governance objectives.


Responsibilities:

Investigations and Compensation

  • Investigate and resolve USD and FX transactions inquiries, return of funds and reconciliation exceptions accurately escalating non-routine cases to management
  • Track and resolve all cases which migrate to the Compensation phase in accordance with BAFT-IFSA compensation rules where settlement is either due from or due to NBK NY, escalating non-routine cases to management
  • Responsible for accurate and timely monthly reporting for the department
  • Responsible for the accurate and timely month end reconciliation of all department related accounts (Comp, OFAC, etc.)

Reconcilements

  • Perform and review with management the daily bank reconciliations and distribute the daily report to all concerned parties
  • Identify if an investigation case needs to be generated in conjunction with reconciliation exceptions
  • Prepare entries and resolve reconciliation exceptions where applicable
Project Leadership & Change Management
  • Serve as project lead or workstream lead for internal operational risk, middle office, regulatory, or controlโ€‘enhancement initiatives as assigned by management.
  • Develop and maintain project documentation in line with standard project management disciplines, including project plans, timelines, scope definitions, key milestones, risks, assumptions, and dependencies.
  • Coordinate crossโ€‘functional stakeholders (Operations, Trade Finance, Treasury, Compliance, IT, Finance, and Head Office counterparts) to ensure timely execution, issue resolution, and alignment with business objectives.
  • Support structured change management activities, including impact assessments, business requirements documentation, user testing coordination, implementation planning, and postโ€‘implementation reviews.
  • Ensure appropriate governance, escalation, and management reporting for projects, including clear articulation of risks, controls, and decision points.
  • Identify opportunities for process improvements, automation, and control enhancements across Operational Risk, Investigations/Compensation, and reconciliation activities.
  • Partner with technology and business teams on system enhancements, upgrades, or new functionality, including requirements definition, user acceptance testing (UAT), and implementation support.
Qualifications and Experience:
  • Hands-on knowledge of Investigations/Compensation, Nostro Reconcilement and other Middle Office processing and procedures
  • Fully versed in BAFT/IFSA Compensation rules and regulations
  • 3+ yearsโ€™ experience in Investigations/Compensation and Reconcilements
  • Knowledge of Equation, eGifts, Swift and Fedwire transaction processing structures, ICSWEB, WIT$WEB, Excel and Word
Skills Essential:
  • Prior Banking knowledge of Investigations/Compensation, Reconciliation & Middle Office processes and procedures
  • Ability to escalate and resolve problems quickly
  • Strong project coordination and organizational skills, with the ability to manage multiple workstreams, deadlines, and stakeholders
  • Ability to apply standard project management and change management practices in a controlled banking environment