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Operational Risk Consultant Jobs in California (NOW HIRING)

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Operational Risk Consultant information

What are the 4 operational risks?

Operational risk for an Operational Risk Consultant refers to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks involves assessing controls, implementing policies, and using tools like risk dashboards and incident reporting systems.

What does an operational risk consultant do?

An operational risk consultant assesses and manages risks related to a company's internal processes, systems, and controls to prevent losses and ensure compliance. They analyze data, develop risk mitigation strategies, and often use tools like risk management frameworks and software to identify vulnerabilities and improve operational resilience.

Does risk consulting pay well?

Operational Risk Consultants typically earn competitive salaries that vary based on experience, location, and industry. Entry-level positions may start around $60,000 annually, while experienced professionals can earn over $120,000, especially with certifications like FRM or ORM. The role often involves analytical skills, risk assessment tools, and regulatory knowledge, which can influence compensation levels.

What jobs can I get with frm?

With an FRM (Financial Risk Manager) certification, you can pursue roles such as risk analyst, risk manager, credit risk analyst, market risk analyst, or operational risk analyst. These positions typically involve assessing and managing financial risks using quantitative skills and risk management tools, often requiring knowledge of financial regulations and risk modeling software.

How does an Operational Risk Consultant typically collaborate with other departments to identify and mitigate risks?

Operational Risk Consultants work closely with various departments—such as compliance, internal audit, IT, and business units—to identify, assess, and mitigate risks. Collaboration often involves facilitating risk assessments, leading workshops, and providing guidance on best practices for risk controls. Regular meetings and cross-functional projects are common, allowing consultants to gain insights into department-specific processes and emerging risks. This teamwork ensures a holistic approach to managing operational risks across the organization.

What Does an Operational Risk Consultant Do?

As an operational risk consultant, your primary responsibilities are reporting assessments and monitoring the risks of an organization's operations. The types of risk you look for include operational, financial, technological, and compliance related. You work with other departments such as accounting, regulatory affairs, and the internal audit department. You review operating procedures and guidelines, and ensure all actions and services correspond with industry practices/regulations. Your duties include providing an analysis and recommendation of how to adjust forward movement within the company. You also work to anticipate problems before they occur to avoid conflict.

What is the difference between Operational Risk Consultant vs Risk Analyst?

AspectOperational Risk ConsultantRisk Analyst
CertificationsFRM, CRM, or similarFRM, CFA, or similar
Work EnvironmentConsulting firms, financial institutions, corporationsFinancial institutions, investment firms, corporations
Primary FocusIdentifying and managing operational risks, developing risk mitigation strategiesAnalyzing risk data, assessing risk levels, supporting risk management decisions

Operational Risk Consultants focus on identifying, assessing, and mitigating operational risks within organizations, often providing strategic advice. Risk Analysts primarily analyze data to evaluate risk levels and support decision-making. While both roles require similar certifications and work in related environments, their core responsibilities differ: consultants focus on risk management strategies, whereas analysts focus on data analysis and reporting.

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

To thrive as an Operational Risk Consultant, you need a solid background in risk management, analytical skills, and a relevant degree such as finance, business, or a related field. Familiarity with risk assessment frameworks, GRC (Governance, Risk & Compliance) software, and certifications like FRM or CRISC is often required. Strong communication, problem-solving abilities, and attention to detail set outstanding consultants apart. These skills are critical for accurately identifying, assessing, and mitigating risks to protect organizational assets and ensure regulatory compliance.
What are popular job titles related to Operational Risk Consultant jobs in California? For Operational Risk Consultant jobs in California, the most frequently searched job titles are:
What job categories do people searching Operational Risk Consultant jobs in California look for? The top searched job categories for Operational Risk Consultant jobs in California are:
What are popular job titles related to Operational Risk Consultant jobs in CA? For Operational Risk Consultant jobs in CA, the most frequently searched job titles are:
Infographic showing various Operational Risk Consultant job openings in California as of June 2026, with employment types broken down into 65% Full Time, 27% Part Time, 1% Temporary, and 7% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution.
Casualty Risk Control Consultant - Construction and Infrastructure

Casualty Risk Control Consultant - Construction and Infrastructure

Aon Corporation

Los Angeles, CA • Remote

$115K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Aon rating

8.2

Company rating: 8.2 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

46th of 146 rated financial services


Job description

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting our clients throughout North America with Risk Consultant work.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.

Job responsibilities:
  • Perform diagnostic loss analyses and qualitative reviews to identify trends and financial improvement impact for our clients.
  • Conduct risk assessments and safety training via client interface (including safety/prevention program review, site observations and client interviews) with a focus on operational improvement, financial exposure mitigation and injury prevention.
  • Develop and implement risk management and injury prevention strategies (long and short term) to support and fulfill strategic and tactical plans to control risk related costs.
  • Prepare Statements of Work and/or proposals articulating service scopes, pricing and deliverables.
  • Use project management skills to assure goals and objectives are appropriate and aligned with services delivered to exceed client expectations.
  • Deliver onsite visit and project reports summarizing services delivered and measurable results achieved.
  • Work collaboratively with internal and external teams including 1.) casualty claims staff to execute initiatives for post-loss strategies 2.) insurance carrier representatives where appropriate and 3.) Aon Account Executives. Teams are virtual in many cases.
  • Support Aon offices in business development by rapidly gaining an understanding of client needs, Casualty Risk Control service offerings; and articulating conceptual strategies and Aon resources to appropriately control exposures and costs.
  • Areas of focus include Workers’ Compensation/Occupational Safety, Regulatory compliance, injury prevention, best management practices, construction safety and general liability exposures.
Skills required:
  • Technical skills in addressing client loss drivers and exposure potential from an operational standpoint including safety/ergonomic program development, training, and assessment processes specific to all types of construction activities.
  • Proficiency in computer applications and data management tools (e.g., Microsoft Office applications).
  • Project management experience (budget responsibilities, quality, timeliness, specific metrics, progress tracking, etc.) with understanding and application of pre and post loss management consulting, including occupational and fleet safety experience (regulated and non-regulated)
  • Ability to interpret a variety of data (claim information, statistics, etc.) to create client-facing, strategic and tactical improvement plans.
  • Capacity to evaluate complex circumstances and adapt in “real time” as situations and others’ opinions evolve.
  • Capacity to work effectively on multiple tasks at any given time with minimal supervision and meet expected deadlines.
  • Possess exceptional writing and presentation skills.
  • TRAVEL: Approximately 30-35% overnight travel

EDUCATION PREFERRED: Bachelor of Science/Art in Safety, Occupational Health, Engineering or related technical major.

MINIMUM WORK EXPERIENCE REQUIRED: Five or more years in Safety Management, Safety Consulting or risk management working primarily within the Construction vertical. Specific job title to be commensurate with experience level, technical expertise and/or specialization.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $115,000 to $170,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.  The salary may also be adjusted based on applicant’s geographic location.

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary.  The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

      A summary of all the benefits offered for this position:

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions.  Eligibility for benefits is governed by the applicable plan documents and policies.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

#li-YT1#LI-REMOTE 2574656Qualifications:UNAVAILABLEEducation:UNAVAILABLEEmployment Type: FULL_TIME

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About Aon

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Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1992