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Operational Risk Management Jobs in Maryland (NOW HIRING)

Sheppard Pratt

Director of Risk Management

Towson, MD · On-site

$106K - $175K/yr

The Director collaborates with operational leaders, committees, and external stakeholders to ... General Risk Management * Direct and administer the organization's risk management program ...

Sheppard Pratt

Director of Risk Management

Towson, MD · On-site

$51.18 - $84.34/hr

The Director collaborates with operational leaders, committees, and external stakeholders to ... General Risk Management * Direct and administer the organization's risk management program ...

GFT.

Physical Security & Risk Analyst

Owings Mills, MD · On-site

$105K - $125K/yr

Evaluate and integrate physical security, safety, operational, cyber-physical, and emergency preparedness considerations into comprehensive risk management strategies. * Perform site visits, facility ...

State of Maryland - MDH Eastern Shore Hospital Center

The scope of service for this position is primarily focused on clinical aspects of risk management ... Employees in this classification may be assigned duties which require the operation of a motor ...

Customer Value Partners

Risk Manager

Rockville, MD

... operations. * Develop guidance, templates, other tools, and advice to the program offices to support their risk management and ATO activities. * Provide risk management and information security ...

Customer Value Partners

Risk Manager

Rockville, MD · On-site

... operations. * Develop guidance, templates, other tools, and advice to the program offices to support their risk management and ATO activities. * Provide risk management and information security ...

Customer Value Partners

Risk Manager

Rockville, MD · On-site

$155K - $165K/yr

... operations. * Develop guidance, templates, other tools, and advice to the program offices to support their risk management and ATO activities. * Provide risk management and information security ...

Customer Value Partners

Risk Manager

Rockville, MD

... operations. * Develop guidance, templates, other tools, and advice to the program offices to support their risk management and ATO activities. * Provide risk management and information security ...

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Showing results 21-40

All JobsOperational Risk Management JobsOperational Risk Management Jobs in Maryland

Operational Risk Management information

See Maryland salary details

$45.6K

$117.2K

$230K

How much do operational risk management jobs pay per year?

As of Sep 10, 2026, the average yearly pay for operational risk management in Maryland is $117,150.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,300.00 and $154,300.00 per year, depending on experience, location, and employer.

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 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 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 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.

Is operational risk management a good career?

Operational risk management is a valuable career that involves identifying and mitigating risks within an organization’s operations. It requires strong analytical skills, knowledge of industry regulations, and often certifications like ORM or FRM. The field offers opportunities for advancement in financial services, manufacturing, and other sectors with a focus on compliance and risk assessment.

What does an operational risk management do?

Operational risk management involves identifying, assessing, and mitigating risks that could disrupt an organization's daily operations. Professionals in this field develop strategies to prevent losses from process failures, fraud, or system outages, often using tools like risk assessments and control frameworks. They ensure compliance with regulations and improve overall operational resilience.

What are popular job titles related to Operational Risk Management jobs in Maryland?

For Operational Risk Management jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Operational Risk Management jobs in Maryland look for?

The top searched job categories for Operational Risk Management jobs in Maryland are:

What cities in Maryland are hiring for Operational Risk Management jobs?

Cities in Maryland with the most Operational Risk Management job openings:

Operational Risk Management jobs near you
Infographic showing various Operational Risk Management job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $117,150 per year, or $56.3 per hour.

Sr. Analyst - GIO - Risk & Compliance

Baltimore, MD • Hybrid

T Rowe Price
Funds, Trusts and Financial Programs • 5 - 10K employees
Learn more about T Rowe Priceexternal

Full-time

Re-posted 20 days ago

T. Rowe Price rating

9.1

Company rating: 9.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

Job description

About This Position

The Sr. Analyst - GIO - Risk and Compliance sits within Service Provider Management supporting the operational risk management program for Global Investment Operations (GIO) to ensure that sound practices and procedures are in place across all GIO locations and processes globally along with GIO's contracted third party service providers. This position works with business partners throughout Enterprise Risk, procurement, and GIO, including Investments Middle Office and Fund Accounting. Responsibilities include planning, implementation, and monitoring of compliance and risk management requirements across internal and third-party processes.

In this high-visibility role, the Sr. Analyst works on a variety of complex issues and requests and acts as the liaison to Investments, Legal & Firm-wide Compliance, auditors, , third party service providers and regulators to mitigate compliance/risk-related concerns. Additional areas of focus include incident management and reporting, business continuity, data privacy, and access controls.

The Sr. Analyst will report to the Lead Manager - GIO Service Provider Management and is part of the GIO - Shared Services organization which works broadly to support multiple functional teams in Global Investment Operations.

Role Summary

Supports the effectiveness of the risk function within a business line. Applies advanced understanding of the design and operating effectiveness of internal controls to advise the business line on executing the risk program.

Responsibilities

  • Leveraging strong knowledge of business line, evaluates existing processes, identifies control gaps, and recommends treatments for any gaps found within a business line. Develops reports and delivers these to management.

  • Monitors compliance across the business line. Reports risks caused by business activities to senior staff. Evaluates potential courses of action to address complex issues identified and recommends solutions.

  • Works with internal auditors when assigned business line is audited and reports on treatment of control gaps that are being put in place.

  • Manages and coordinates updates to common language sections in the reporting and ensures alignment to other reporting groups and regulatory framework. Ensures consistent and appropriate presentation of content within reports.

  • Contributes to efforts to develop a strong organizational risk culture and applies risk management techniques to assigned business line.

Qualifications

Required:

  • Bachelor's degree or the equivalent combination of education and relevant experience AND

  • 5+ years of total relevant work experience

Preferred:

  • Relationship management

  • Prior Investment Operations, Middle Office, or Operational Risk experience

  • Strong communication skills

  • Inclusive mindset

  • Comfortable balancing multiple tasks on a growing team

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

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