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Operational Risk Management Jobs in California (NOW HIRING)

General Atomics

Risk Management Specialist IV

San Diego, CA · On-site

$105.89K - $189.55K/yr

Assess corporate risk exposure through both quantitative and qualitative analysis and recommend ... Identify and manage risks specific to aviation operations, including operational, liability ...

cathaybank

AVP, Business Risk Analyst

El Monte, CA

$93K - $114.20K/yr

Support Issue Management for assigned Business units. * Conduct process-level risk identification for assigned Business units. * Map operational workflows to risk events and control points.

cathaybank

AVP, Business Risk Analyst

El Monte, CA · On-site

$93K - $114.20K/yr

Support Issue Management for assigned Business units. * Conduct process-level risk identification for assigned Business units. * Map operational workflows to risk events and control points.

TSMG

Risk & Change Lead

Palo Alto, CA · On-site

Risk Management * Develop, implement, and maintain a risk management framework aligned with operational delivery models and client requirements. * Identify, assess, and monitor operational, safety ...

TSMG

Risk & Change Lead

Palo Alto, CA

Risk Management * Develop, implement, and maintain a risk management framework aligned with operational delivery models and client requirements. * Identify, assess, and monitor operational, safety ...

Robert Half

Risk Management/Safety Coord

Long Beach, CA · On-site

$19 - $22/hr

We are looking for a Risk Management/Safety Administrative Assistant to provide administrative and operational support for environmental, health, and safety activities within a local government ...

Adventist Health

Risk Management Specialist (Lodi)

Lodi, CA · On-site

$77.40K - $116.10K/yr

Risk Management, Claims, Legal, Patient Safety, Quality, Accreditation, Regulatory, and Licensing ... Works with Safety, Procurement, and Clinical Engineering and Clinical Operations to identify ...

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Operational Risk Management information

See California salary details

$46.4K

$119.1K

$233.9K

How much do operational risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for operational risk management in California is $119,125.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $156,900.00 per year, depending on experience, location, and employer.

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

To thrive as an Operational Risk Manager, you need strong analytical abilities, knowledge of risk assessment frameworks, and typically a degree in finance, business, or a related field. Familiarity with risk management software, regulatory compliance systems, and certifications like FRM or ORM are commonly required. Exceptional communication, problem-solving, and stakeholder management skills help you influence business processes and foster a risk-aware culture. These skills ensure the effective identification, mitigation, and communication of risks, safeguarding organizational assets and compliance.

What are common challenges faced by professionals in Operational Risk Management, and how can they be addressed?

Professionals in Operational Risk Management often face challenges such as identifying emerging risks, ensuring regulatory compliance, and fostering a risk-aware culture across departments. These challenges can be addressed by staying updated on industry regulations, implementing robust risk assessment tools, and promoting open communication with business units. Regular training and collaboration with other risk management functions also help in proactively managing potential operational threats and ensuring organizational resilience.

What is operational risk management?

Operational risk management is the process of identifying, assessing, and controlling risks that arise from an organization’s day-to-day operations. These risks can include system failures, human errors, fraud, or external events that could disrupt business processes. Effective operational risk management helps organizations minimize losses and ensure business continuity by implementing controls, monitoring processes, and developing contingency plans. It is an essential component of overall risk management in industries such as finance, healthcare, and manufacturing.

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

AspectOperational Risk ManagementRisk Analyst
CredentialsCertifications like FRM, CRM, or RIMS; relevant degrees in finance, risk management, or businessSimilar certifications; degrees in finance, economics, or related fields
Work EnvironmentCorporate offices, financial institutions, or industries with risk management departmentsFinancial firms, consulting agencies, or corporate risk teams
Employer & Industry UsageUsed across banking, insurance, and large corporations to manage operational risksCommonly employed in finance, insurance, and consulting to analyze risk data

Operational Risk Management focuses on identifying, assessing, and mitigating risks related to daily business operations. Risk Analysts analyze data to evaluate potential risks and support decision-making. While both roles require similar credentials and work environments, Operational Risk Managers oversee comprehensive risk strategies, whereas Risk Analysts focus on data analysis and risk assessment.

What are popular job titles related to Operational Risk Management jobs in California? For Operational Risk Management jobs in California, the most frequently searched job titles are:
What job categories do people searching Operational Risk Management jobs in California look for? The top searched job categories for Operational Risk Management jobs in California are:
What cities in California are hiring for Operational Risk Management jobs? Cities in California with the most Operational Risk Management job openings:
Operational Risk Management jobs near you
Risk Manager - Operations, Property and Casualty

Risk Manager - Operations, Property and Casualty

Skirball Cultural Center

Los Angeles, CA • On-site

$90K - $105K/yr

Full-time

Posted 24 days ago

Job description

The Skirball Cultural Center seeks a diligent and proactive Risk Manager - Operations, Property and Casualty to join our Finance team. Reporting to the Chief Financial Officer (CFO), the Risk Manager will oversee the organization's risk management activities, with a primary focus on managing insurance programs and coordinating responses to incidents involving visitors, vendors, and other stakeholders. This role requires close collaboration with insurance brokers, legal counsel, operations staff, and other departments to ensure Skirball's risk exposures are effectively mitigated and managed.
Starting Pay: $90,000-$105,000/year
Responsibilities
Insurance Management
  • Coordinate annual insurance policy renewals, including gathering data, completing applications, and working with brokers to obtain competitive coverage terms and pricing. This includes developing scenario analysis for cost competitiveness/effectiveness and as new conditions require.
  • Maintain accurate and up-to-date records of all insurance policies, certificates of insurance, endorsements, and related documents.
  • Managing carrier invoices, working with AP to ensure timely payments, track cashflow and expense allocation working with Accounting to periodically reconcile prepaid insurance balances.
  • Responsible for budgeting all lines during annual budget process and coordinate with broker to determine and document assumptions.
  • Evaluate and recommend appropriate coverage types and limits based on organizational activities and exposures.

Claims Management
  • Serve as the primary point of contact for processing insurance claims, including property, general liability, workers' compensation, auto, financial products like D&O, employment practices liability, fiduciary liability, cyber and specialty coverages.
  • Investigate and document incidents and claims, gathering statements, photographs, and other evidence as needed collaborating with security, operations, HR and other departments when necessary to gather timely and accurate information.
  • Work closely with brokers, adjusters, legal counsel, and internal staff to facilitate claims resolution and minimize financial impact.
  • Maintain detailed claim files and generate regular reports on claim status and trends and report those findings to Ops to address safety concerns and be proactive in prevention and minimizing exposures.

Incident Response and Reporting
  • Oversee response protocols for visitor, vendor, or staff injuries and complaints, ensuring timely and professional handling of incidents.
  • Document all incidents thoroughly and prepare incident reports for internal records and insurance purposes.
  • Advise staff on risk and safety measures to prevent future incidents.
  • Provide leadership regular updates to key claims, their status and other essential information.

Risk Assessment and Mitigation
  • Collaborate with departments across the Skirball to identify operational, legal, and financial risks.
  • Develop and implement risk mitigation strategies and policies in alignment with organizational goals.
  • Provide training or guidance to staff on risk awareness and safety practices.
  • Partner with brokers and underwriters to conduct site surveys frequently and implement their recommendations.

Compliance and Recordkeeping
  • Ensure compliance with all insurance-related regulatory requirements and reporting obligations.
  • Maintain risk management records and reports for audit and legal purposes.
  • Assist the CFO and leadership team with special projects and other duties as assigned.
  • Facilitate the required information for audits in general liability and workers' compensation and ensure timely process of results.

Qualifications, Experience, and Attributes:
  • Bachelor's degree in Risk Management, Finance, Business Administration, or a related field or equivalent training and experience required.
  • Minimum 3-5 years of professional experience in risk management, insurance coordination, claims handling, or a related field; experience in a nonprofit or cultural institution preferred. Fine Arts placement experience desired.
  • Strong knowledge of insurance principles, policy types, and claims processes.
  • Excellent organizational skills and attention to detail, with the ability to handle multiple priorities and meet deadlines.
  • Exceptional interpersonal and communication skills for working effectively with diverse internal and external stakeholders.
  • Proficiency in Microsoft Office Suite and familiarity with risk management or claims management systems a plus.
  • Ability to handle confidential information with discretion and integrity.
  • Demonstrated commitment and enthusiasm for the Skirball's mission and values.

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