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Operational Risk Management Jobs in Massachusetts

Operational Risk Manager

Boston, MA · On-site

$110K - $135K/yr

This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance. This role supports the Northeast ...

Partner and collaborate for success with management, Risk, and Legal colleagues to ensure timely ... Operational Risk Management experience. * Experience with Operational Risk management Frameworks to ...

This newly created position is vital to providing essential administrative and operational support ... Bachelor's degree in Risk Management, Business, Finance, or a related field. * 2+ years of ...

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Operational Risk Management information

See Massachusetts salary details

$51.3K

$131.8K

$258.8K

How much do operational risk management jobs pay per year?

As of Jul 12, 2026, the average yearly pay for operational risk management in Massachusetts is $131,825.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,300.00 and $173,600.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, often using risk management tools and frameworks, and ensure compliance with regulations. Their role involves analyzing data, implementing controls, and working with various departments to minimize operational losses.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

Is risk management a good career?

Operational risk management is a valuable career that involves identifying, assessing, and mitigating risks within organizations to ensure stability and compliance. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as FRM or ORM. The field offers opportunities for advancement and is essential across various industries, including 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 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 highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CFA, and leadership roles in large organizations. Senior risk managers or directors in financial services or multinational corporations often earn the top-tier salaries in this field.

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

Operational Risk Manager

Securitas

Boston, MA • On-site

$110K - $135K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 18 days ago


Securitas rating

6.0

Company rating: 6.0 out of 10

Based on 981 frontline employees who took The Breakroom Quiz

58th of 108 rated security


Job description

Operational Risk Manager (ORM)

The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture of safety and risk awareness across field operations, ensuring contractual and regulatory compliance, analyzing claims and incident trends. This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance.

This role supports the Northeast Region of Securitas and is a Hybrid position. The candidate is expected to work out of a Securitas Office in NY, NJ, CT, RI, MA, NH, VT, or ME 2 days a week with the other 3 days being Remote. 

You’re eligible for the Management Medical Plan (MMP), which replaces an HSA or FSA and provides up to $2,000 annually in reimbursement for eligible healthcare expenses not covered by your primary plan. In addition, this position is Bonus eligible. 

Key Responsibilities

Operational Risk & Safety Leadership

• Drive a culture of risk mitigation and safety throughout the region by implementing and reinforcing site level risk and safety initiatives.

• Serve as the primary regional point of contact for the Risk Management and Legal departments during claim investigations, providing timely documentation, incident analysis, and operational support.

• Collaborate with cross functional partners (Operations, HR, Training, Legal, and Risk) to implement standardized compliance controls and processes consistently across the region.

• Lead and facilitate regional Risk & Safety workshops.

Ongoing Compliance & Audit Oversight

• Partner with field operations to ensure all required documentation, controls, and approvals are in place prior to the start of higher risk accounts.

• Verify that all employees receive required on the job training.

• Confirm implementation of client specific contractual requirements at each site (e.g., CPR certifications, training mandates).

• Ensure all sites maintain current, accurate, and approved post orders.

• Conduct ongoing compliance audits to validate adherence to contractual, regulatory, and internal policy requirements and track remediation efforts.

Analytics, Technology & Continuous Improvement

• Analyze monthly claim trends and develop proactive action plans to mitigate emerging risks and improve regional performance.

• Communicate risk, claims, and compliance metrics to field leadership to increase awareness and accountability.

• Support and implement AI driven and technology enabled risk initiatives within the region.

• Perform monthly operational claims analysis, identifying trends, root causes, and leading risk indicators.

• Translate analytics into actionable insights and recommendations for loss prevention and operational improvement.


Weapons Program Oversight

• Assume regional ownership of the weapons program, including: 

o Conducting regular firearm audits.

o Maintaining complete and accurate weapons records.

o Promptly reporting discrepancies, changes, or incidents to the Division in accordance with policy.

Compliance & Documentation Management

• Maintain and oversee required documentation within CEP, including: 

o Post Orders (CEP format)

o Periodic Hazard Assessments (PHAs)

o Executed contracts

o Training acknowledgments and completion tracking


 Incident, Potential Claim & Large Loss Review

• Review all potential claims, Continuous Improvement Incidents, and large loss investigations.

• Identify training gaps, procedural deficiencies, and post order improvement opportunities.

• Recommend updates to risk protocols, training, and controls based on findings and lessons learned.


 Training & Regional Support

• Deliver risk related training sessions on a monthly basis, tailored to operational risks and emerging trends.

• Provide direct regional support, including: 

o Promoting risk policy compliance and awareness.

o Assisting with Risk related RFP questionnaires.

o Conducting CEP post order reviews.

o Supporting operational and compliance audits.


 Qualifications & Experience

• Bachelor’s degree preferred or equivalent relevant experience in risk management, safety, operations, or a related field.

• Demonstrated experience in operational risk management, compliance, safety, or claims related functions.

• Strong knowledge of regulatory, contractual, and operational risk controls.

• Experience analyzing claims data and translating findings into actionable risk mitigation strategies.

• Ability to partner effectively with field operations and senior leadership.

• Strong written and verbal communication skills with experience delivering training and executive summaries.

• High attention to detail with the ability to manage multiple priorities across a geographically dispersed region.

Key Competencies

• Operational risk assessment and mitigation

• Claims and incident analysis

• Compliance auditing and governance

• Cross functional collaboration

• Data driven decision making

• Training and stakeholder engagement

Securitas is committed to equal employment opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, pregnancy, genetic information, disability, status as a protected veteran, or any other applicable legally protected characteristic.

Securitas employees come from all walks of life, bringing with them a variety of distinctive skills and perspectives. United through our common purpose, we provide the security needed to safeguard our clients' assets and people. Our core values - Integrity, Vigilance and Helpfulness - are represented by the three red dots in the Securitas logo. If you live by these values, we’re looking for you to join the Securitas team.

Benefits include: 
  • Retirement plan
  • Employer-provided medical and dental coverage
  • Company-paid life insurance
  • Voluntary life and disability insurance
  • Employee assistance plan
  • Securitas Saves discount program
  • Paid holidays
  • Paid time away from work

Additionally, some populations may have the availability of accessing earned wages on a daily basis, prior to payday. Restrictions and fees may apply.
Certain waiting periods may also apply. Paid time away from work may be available either through a combination of vacation and sick time or under a PTO policy, depending on local requirements. Benefits may be different for union members.

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