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Operational Risk Banking Jobs (NOW HIRING)

Operational Risk Manager

Bethesda, MD ยท On-site

$114K - $192K/yr

Responsibilities The Operational Risk Manager drives and supports the Operational Risk Management ... Responsible for maintaining the Bank's risk and control inventory * Partner with business units to ...

Operational Risk Manager

Bethesda, MD ยท Hybrid

$114K - $192K/yr

Responsibilities The Operational Risk Manager drives and supports the Operational Risk Management ... Responsible for maintaining the Bank's risk and control inventory * Partner with business units to ...

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Operational Risk Banking information

See salary details

$39K

$85.8K

$155K

How much do operational risk banking jobs pay per year?

As of Jun 9, 2026, the average yearly pay for operational risk banking in the United States is $85,839.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $104,500.00 per year, depending on experience, location, and employer.

How does the Operational Risk role in banking typically collaborate with other departments to manage risk effectively?

Operational Risk professionals in banking work closely with departments such as Compliance, Internal Audit, IT, and Business Units to identify, assess, and mitigate risks. They often facilitate risk assessments, coordinate incident reporting, and help design controls or action plans in partnership with process owners. Regular meetings, cross-functional workshops, and training sessions are common to ensure everyone understands risk protocols and emerging threats. This collaborative approach helps create a strong risk culture and ensures that risk management is integrated throughout the organization.

What are the key skills and qualifications needed to thrive as an Operational Risk professional in banking, and why are they important?

To thrive in Operational Risk Banking, you need strong analytical skills, a deep understanding of risk management principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment tools, regulatory frameworks like Basel III, and systems such as GRC (Governance, Risk, and Compliance) platforms is crucial. Attention to detail, problem-solving abilities, and effective communication help professionals identify potential risks and collaborate across departments. These skills are vital to proactively managing operational risks, ensuring regulatory compliance, and safeguarding the bank's reputation and assets.

What is operational risk in banking?

Operational risk in banking refers to the risk of loss resulting from inadequate or failed internal processes, people, systems, or from external events. This includes risks such as fraud, human error, system failures, and natural disasters. Managing operational risk is crucial for banks to ensure stability, meet regulatory requirements, and protect their reputation. Banks use various tools and frameworks to identify, assess, monitor, and mitigate operational risks. Effective operational risk management helps maintain trust with customers and stakeholders.

What is the difference between Operational Risk Banking vs Credit Risk Analyst?

AspectOperational Risk BankingCredit Risk Analyst
Primary FocusIdentifying, assessing, and mitigating operational risks within banking processesEvaluating the creditworthiness of borrowers and assessing credit risk
Required CredentialsRisk management certifications, banking experienceFinance or economics degrees, credit analysis certifications
Work EnvironmentBanking institutions, risk management departmentsFinancial institutions, credit departments
Industry UsageCommonly used in banking risk managementCommon in lending and credit departments

Operational Risk Banking and Credit Risk Analyst roles both operate within banking but focus on different risk types. Operational Risk Banking emphasizes managing internal process risks, while Credit Risk Analysts focus on assessing borrower creditworthiness. Both roles require financial knowledge and risk management skills, but their specific responsibilities and certifications differ.

More about Operational Risk Banking jobs
What states have the most Operational Risk Banking jobs? States with the most job openings for Operational Risk Banking jobs include:
What job categories do people searching Operational Risk Banking jobs look for? The top searched job categories for Operational Risk Banking jobs are:
Infographic showing various Operational Risk Banking job openings in the United States as of June 2026, with employment types broken down into 46% Full Time, 50% Part Time, and 4% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $85,839 per year, or $41.3 per hour.

Bank Operational Risk Manager

First Century Bank

Alpharetta, GA โ€ข On-site

$120K/yr

Full-time

Posted 1 hour ago


Job description

Bank Operational Risk Manager - First Century Bank
First Century Bank is seeking a full-time operational risk leader to join its growing Risk Management organization. This individual will support the continued development and maturation of the Bank's enterprise risk management program, with a focus on building and leading operational risk oversight activities. This individual will also support ongoing activities to oversee and monitor third party risk.
This role will work closely with executive leadership, cross-functional stakeholders, external auditors, and fintech partners to ensure effective risk management practices across the Bank's programs.
First Century Bank specializes in providing financial services through innovative, technology-driven channels. This position will have comprehensive visibility to the Bank's products, partnerships, and risk frameworks in a dynamic and evolving environment.
Responsibilities Include:
Bank Operational Risk Management
  • Lead the development of risk management programs to enhance the Bank's operational risk framework
  • Develop and monitor key risk indicators (KRIs), including thresholds and escalation triggers; support management in maintaining critical risk measurements in alignment with defined thresholds
  • Serve as the central point for aggregating risk metrics and preparing risk management reporting in the form of risk dashboards and board level reporting
  • Identify and document key risks and controls across business processes and programs
  • Lead risk assessments and evaluation of controls design, coordinate risk and control self-assessments across departments and consolidate results

Third-Party & Fintech Risk Oversight
  • Lead due diligence and ongoing monitoring and oversight routines for critical vendors and strategic fintech partner relationships
  • Coordinate with internal stakeholders and external partners to ensure timely resolution of identified issues
  • Participate in onsite or remote reviews of strategic partners

Additional Duties
  • Assist in policy and procedure development and maintenance
  • Support audit engagements as needed, maintain risk and issue tracking systems, verify completion of corrective actions prior to issue closure
  • Develop and maintain departmental policies and procedures as needed
  • Perform other duties as may be assigned or which inherently or logically belong to this position or overall risk management functions
  • Exemplify FCB's values while carrying out its mission, organizational goals, and priorities

Qualifications
Ideal candidates will possess a Bachelor's degree in a related field and 5 - 10 years of relevant experience in risk management, internal audit, compliance, consulting, or related financial services roles, or a combination of education and experience.
Preferred Experience Includes:
  • Experience in banking, financial services, or fintech environments
  • Familiarity with financial regulator expectations related to operational risk and third-party risk
  • Exposure to operational risk frameworks (e.g., risk and control documentation, KRIs)
  • Experience supporting regulatory exams or audits
  • Experience supporting third-party risk management or vendor oversight programs
  • Strong analytical, organizational, and problem-solving skills
  • Excellent written and verbal communication skills, with the ability to interact with all levels of the organization and prepare executive-level reporting

Position Attributes
  • Self-motivated with the ability to manage multiple priorities independently
  • Strong interpersonal skills and ability to collaborate across functions
  • High level of professionalism and executive presence
  • Ability to operate effectively in a fast-paced, evolving environment

Additional Information
This is a high-visibility role offering the opportunity to work directly with executive management and engage with the Bank's fintech partnerships. The position provides significant exposure across audit, operational risk, and third-party risk disciplines. Occasional travel may be required (approximately 2 to 3 days per quarter).