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Operational Risk Management Jobs in New York (NOW HIRING)

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Operational Risk VP

New York, NY

The incumbent will be responsible for the oversight of the operational risk management framework and program including IT risk management, business continuity planning. The VP will be responsible for ...

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Operational Risk Management information

See New York salary details

$51.4K

$132.1K

$259.3K

How much do operational risk management jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk management in New York is $132,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,400.00 and $174,000.00 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 the most commonly searched types of Operational Risk Management jobs in New York? The most popular types of Operational Risk Management jobs in New York are:
What are popular job titles related to Operational Risk Management jobs in New York? For Operational Risk Management jobs in New York, the most frequently searched job titles are:
What job categories do people searching Operational Risk Management jobs in New York look for? The top searched job categories for Operational Risk Management jobs in New York are:
What cities in New York are hiring for Operational Risk Management jobs? Cities in New York with the most Operational Risk Management job openings:
Operational Risk Management jobs near you
Infographic showing various Operational Risk Management job openings in New York as of May 2026, with employment types broken down into 95% Full Time, and 5% Part Time. Highlights an 75% In-person, 15% Hybrid, and 10% Remote job distribution, with an average salary of $132,056 per year, or $63.5 per hour.

Operational Risk Management Department Governance Intern

Bank of China Limited, New York Branch

Manhattan, NY • On-site

$18/hr

Internship

Posted 16 days ago

Job description

Introduction
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
Overview
The new intern will support the team function, including regular reporting requirements and the new regulatory requirements, perform the business-as-usual activities, or conduct ad-hoc activities/requirements.
Responsibilities
  • Assist with analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office.
  • Other responsibilities include but not limited to supporting the risk management governance of ORD in following aspects:
    • Facilitate monthly ORC meetings, Q&A the meeting material and supporting documents.
    • Facilitate regulatory and audit meetings and affairs.

Qualifications
  • Strong verbal and written skills in English, Chinese capacity will be advantage.
  • Strong analytical skills.
  • Computer (Microsoft office including PowerPoint).
  • Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices.
  • Financial knowledge of business policies, products, processes, systems, and roles.

Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $18.00 - USD $18.00 /Hr.

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