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Operational Risk Management Jobs in Massachusetts

Functional understanding of compliance and operational risk management to ensure Domain Leaders are engaged for the validation of SOX, SOC, and regulatory control integrity. * Strong analytical ...

Functional understanding of compliance and operational risk management to ensure Domain Leaders are engaged for the validation of SOX, SOC, and regulatory control integrity. * Strong analytical ...

... manage operational risk. This is a hands-on first-line risk role focused on executing monitoring ... and testing activities, supporting Risk & Control Self-Assessments (RCSAs), maintaining risk ...

... manage operational risk. This is a hands-on first-line risk role focused on executing monitoring ... and testing activities, supporting Risk & Control Self-Assessments (RCSAs), maintaining risk ...

Director of Risk Management

Braintree, MA · On-site

$130K - $140K/yr

As Director of Risk Management, you will lead insurance program administration, claims management ... You'll partner with Property Management, Operations, Maintenance, Finance, and executive leadership ...

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Director of Risk Management

Braintree, MA · On-site

$130K - $140K/yr

You'll partner with Property Management, Operations, Maintenance, Finance, and executive leadership ... Evaluate coverage, costs, exposures, and risk strategies and make recommendations to senior ...

... operational disruptions, and other emerging risks. This is a high-profile leadership role ... Risk Management principles Experience in business continuity, resilience, and emergency management ...

Showing results 21-40

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 Sep 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 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 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:

Infographic showing various Operational Risk Management job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $131,825 per year, or $63.4 per hour.

Risk Operations Program Manager

Boston, MA

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 days ago


Job description

About Team / Role

As a Global Risk Operations Program Manager, you will be the strategic engine behind an organization managing over $100B in annual payments (inbound and outbound) and safeguarding over $10B in client and consumer assets. You won't just track projects; you will provide strategic oversight and drive critical initiatives across financial operations domains such as Collections, Billing, and Treasury Operations that directly protect WEX's bottom line and transform the customer experience. This is a high-visibility role where your ability to navigate a complex global financial ecosystem ensures operational integrity and fuels our next phase of growth.

How You'll Make an Impact

STRATEGIC PLANNING & INITIATIVE IDENTIFICATION

  • Pipeline Development: Partner with Risk Operations Leadership to identify and document critical initiatives required to deliver operational risk targets and achieve customer experience goals.

  • LOB Alignment: Maintain a deep understanding of Global Risk Operations across Mobility, CPS/Travel, and Benefits LOBs to ensure initiatives align with unique regulatory, financial integrity, and operational needs.

PROGRAM EXECUTION & PROJECT LEADERSHIP

  • Capital & Tech Liaison: Serve as the primary Global Risk Operations oversight lead for Capital Funded Initiatives and Product/Technology roadmaps, ensuring operational requirements are prioritized and tracked across the enterprise.

  • Cross-Functional Governance: Provide rigorous oversight of the project portfolio, acting as the bridge between technical teams and Risk Operations to ensure product releases align with the organization's capital funding objectives.

  • Executive Visibility: Manage and report on a wide variety of projects with varying complexity, providing leadership with a high-level view of progress, roadblocks, and financial impacts to eliminate the need for leadership attendance at every project-level meeting.

  • Risk Mitigation Oversight: Maintain constant visibility into issues and risks across the portfolio, driving teams toward closure and escalating only the most critical items to senior leadership for intervention.

STAKEHOLDER MANAGEMENT & COMMUNICATION

  • Facilitation: Conduct effective facilitation sessions with multiple stakeholders to move complex projects forward and reach consensus.

  • Visual Artifacts: Translate complex workflows and technical specifications into visual artifacts using standard tools to ensure cross-functional understanding.

  • Cross-Functional Partnership: Build strong relationships and facilitate alignment across senior management, sales, account management, legal, audit, and risk departments.

These statements are intended to describe the general nature and level of work being performed rather than give an exhaustive list of all duties and responsibilities.

Experience You'll Bring

Minimum Qualifications for Consideration:

  • Bachelor's degree OR an equivalent combination of education and relevant experience.

  • 7-10 years of experience managing a portfolio of interrelated initiatives (programs) within a financial risk operations environment, with a proven ability to align multiple projects to achieve overarching operational risk targets.

  • Demonstrated ability to deconflict resources and timelines across multiple workstreams to ensure consistent delivery of high-scale financial initiatives.

  • Proficiency in project management and visualization software (e.g., LucidChart, Draw.io) to translate complex workflows into visual artifacts.

  • Functional understanding of compliance and operational risk management to ensure Domain Leaders are engaged for the validation of SOX, SOC, and regulatory control integrity.

  • Strong analytical skills with the ability to research, analyze, and present complex findings to drive decision-making.

  • Must successfully pass a background investigation.

Competencies:

  • 2+ years of experience building consensus and driving results through cross-functional partners rather than direct reporting lines.

  • Excellent writing and verbal communication skills, with the ability to facilitate alignment and consensus among senior management, legal, and audit departments.

  • Ability to work effectively in a high-pressure, fast-paced environment while managing multiple shifting priorities.

  • A dynamic self-starter who can work independently to drive projects to closure while also functioning as a collaborative team member.

  • Ability to develop and maintain strong relationships with global leadership and functional SMEs to ensure project success.

  • High degree of attention to detail, specifically in documenting initiatives and measuring them against defined financial and operational metrics.

Preferred Qualifications:

  • Experience managing projects within Collections, Payment Operations, or other Risk Operations domain.

  • Experience with international financial regulations.

  • Strong analytical skills including ability to research, analyze and present findings

  • Demonstrated organizational skills, attention to detail and multitasking skills

  • Must be dynamic and a self-starter, able to work independently or as part of a team

  • Ability to work in a high-pressure environment

  • Experience in compliance or operational risk management.

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.Pay Range: $110,400.00 - $132,800.00