1

Operational Risk Banking Jobs in New York (NOW HIRING)

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk ... Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking)

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk ... Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking)

Company Description A Major International Bank in Midtown Manhattan is seeking Operational Risk VP in their HQ NYC office. The incumbent will be responsible for the oversight of the operational risk ...

Identify, assess, document, and monitor operational risks and control effectiveness. * Design ... Exposure to banking, payments, credit card, or financial risk environments. * Experience working ...

next page

Showing results 1-20

Operational Risk Banking information

See New York salary details

$42.7K

$93.9K

$169.6K

How much do operational risk banking jobs pay per year?

As of Jun 15, 2026, the average yearly pay for operational risk banking in New York is $93,911.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,700.00 and $114,300.00 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.

Is operational risk management a good career?

Operational risk management is a valuable career in banking, focusing on identifying and mitigating risks related to processes, people, and systems. It requires strong analytical skills, knowledge of regulations, and often involves using risk management tools and frameworks. The role offers opportunities for advancement and stability within financial institutions.

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.

How much does Goldman Sachs pay risk management?

Risk management professionals at Goldman Sachs typically earn a base salary ranging from $80,000 to over $150,000 annually, depending on experience and seniority. Bonuses and incentives can significantly increase total compensation, especially for those with specialized skills or certifications like FRM or CFA. Compensation varies by location and role complexity within the bank's operational risk teams.

What are operational risks in banking?

Operational risks in banking refer to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. For operational risk management roles, understanding risk identification, assessment, and mitigation techniques is essential, often supported by tools like risk frameworks and compliance standards.

How much do operational risk analysts make?

Operational risk analysts typically earn a median salary ranging from $70,000 to $120,000 annually, depending on experience, location, and the size of the financial institution. They often require strong analytical skills and knowledge of risk management tools to perform their duties effectively.

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.

What are popular job titles related to Operational Risk Banking jobs in New York? For Operational Risk Banking jobs in New York, the most frequently searched job titles are:
What job categories do people searching Operational Risk Banking jobs in New York look for? The top searched job categories for Operational Risk Banking jobs in New York are:

Operational Risk Analyst

Social Capital Resources

Manhattan, NY • On-site

Other

This job post has expired today. Applications are no longer accepted.


Job description

Bank in Midtown, Manhattan is seeking an Operational Risk Analyst for a full-time position!


Responsibilities:


  • Responsible for demonstrating risk awareness by following all policies, procedures, and internal control in their daily routine
  • Assist in execution of operational risk related tasks and projects, such as RCSA, LDC, etc. and the generation of related management reports
  • Coordinate the product application, product risk assessment, and transaction review to ensure product risk are properly evaluated
  • Evaluate effectiveness of established policies and practices; including processes, policies and procedures as well as measurement and reporting systems to minimize operational risks
  • Report generation of various KRIs and evaluate the appropriateness of the KRI thresholds


Qualifications:


  • Bachelor's Degree
  • 1-2 years of similar experience
  • Fluency in Mandarin or Cantonese is a must