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Operational Risk Management Jobs in Pennsylvania

Reporting to the Sr. Manager of Risk Management, this role translates risk strategy into practical ... Experience supporting enterprise or operational risk programs. * Strong understanding of risk ...

Manager, Clinical Risk Management ICON is a global healthcare intelligence and clinical research ... You will manage day-to-day scientific operations activities, supporting your team to deliver ...

Manager, Clinical Risk Management ICON is a global healthcare intelligence and clinical research ... You will manage day-to-day scientific operations activities, supporting your team to deliver ...

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Operational Risk Management information

See Pennsylvania salary details

$47.1K

$121K

$237.6K

How much do operational risk management jobs pay per year?

As of Jul 6, 2026, the average yearly pay for operational risk management in Pennsylvania is $120,995.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,700.00 and $159,400.00 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 Pennsylvania? For Operational Risk Management jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Operational Risk Management jobs in Pennsylvania look for? The top searched job categories for Operational Risk Management jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Operational Risk Management jobs? Cities in Pennsylvania with the most Operational Risk Management job openings:
Sr. Risk Management Analyst I

Sr. Risk Management Analyst I

DLC

Duquesne, PA • On-site

Full-time

Posted 10 days ago


Job description

Duquesne Light Company, headquartered in downtown Pittsburgh, is a leader in providing electric energy and has been in the forefront of the electric energy market, with a history rooted in technological innovation and superior customer service. Today, the company continues its role as a leader in the transmission and distribution of electric energy, providing a secure supply of reliable power to more than half a million customers in southwestern Pennsylvania.
Duquesne Light Company is committed to creating a culture of inclusion. We value and respect the unique differences and experiences of our employees. We believe that our differences lead to better collaboration, innovation and outcomes. We want you to join our team!
Summary: The Senior Risk Analyst supports the execution and continuous improvement of the organization's enterprise risk management program. Reporting to the Sr. Manager of Risk Management, this role translates risk strategy into practical, usable tools, analyses, and processes that enable leaders and teams to identify, assess, manage, and monitor risks effectively. The Senior Risk Analyst works independently on defined activities, and initiatives while collaborating closely with cross-functional partners (e.g., IT, Operations, Finance, Compliance, and HR). This role plays a key part in activating risk management practices through data, insights, documentation, and stakeholder engagement.
Location: Pittsburgh, PA - Hybrid
Responsibilities:
Risk Identification, Assessment, and Monitoring
  • Support ongoing identification, assessment, and documentation of enterprise risks across the organization.
  • Conduct risk analyses, prepare risk profiles, and maintain risk registers in accordance with established frameworks and standards.
  • Monitor assigned risks, key risk indicators (KRIs), and mitigation actions; escalate emerging issues to the Sr. Manager as appropriate.
  • Assist with execution of risk assessments related to new initiatives

Program Execution & Activation
  • Translate risk management strategies and frameworks into practical tools, templates, dashboards, and guidance materials.
  • Contribute to continuous improvement of risk processes based on feedback, lessons learned, and data insights.
  • Assist in preparing materials for Executive and Board level committees, and business leadership reviews.

Stakeholder Partnership & Communication
  • Partner with business and functional stakeholders to gather risk information and support consistent risk practices.
  • Help educate stakeholders on risk concepts, expectations, and tools through documentation, presentations, and working sessions.
  • Present risk insights and process updates to executive level leadership

Data, Reporting, and Analysis
  • Prepare recurring and ad hoc risk reports, summaries, and visualizations for leadership and governance committees.
  • Analyze trends, themes, and root causes across risk data to inform decision-making.
  • Ensure accuracy, consistency, and timeliness of risk-related reporting.

Governance and Other Support
  • Assist with coordination of internal reviews, audits, or assessments related to risk management practices.
  • Support documentation and evidence collection for controls, mitigation plans, and policy compliance.
  • Stay informed on relevant regulatory, industry, and organizational risk expectations impacting assigned areas.

Additional Responsibilities:
  • Perform other job-related duties as assigned
  • Storm role duties as assigned

Education and Experience Required:
  • Bachelor's degree in Risk Management, Business, Finance, Information Systems, or a related field, or equivalent practical experience.
  • 3+ years of experience in risk management, audit, compliance, controls, project management, or related roles.
  • Working knowledge of risk management concepts (e.g., risk assessments, controls, mitigation planning).
  • Strong analytical, documentation, and problem-solving skills.
  • Ability to work independently on defined assignments while collaborating in matrixed teams.
  • Proficiency with Microsoft Office tools (Excel, PowerPoint, Word); experience with risk systems or data tools preferred.
  • Clear written and verbal communication skills, with the ability to translate complex topics into practical guidance.

Preferred Qualifications:
  • Experience supporting enterprise or operational risk programs.
  • Strong understanding of risk frameworks (e.g., COSO ERM, ISO 31000) or governance models.
  • Certification or progress toward certification (e.g., CRMA, CISA, CPA or similar) is a plus.

Skills/Abilities:
  • Consistently delivers high-quality analyses, documentation, and reports that leaders can use.
  • Proactively identifies opportunities to simplify, improve, and activate risk practices.
  • Builds credibility with stakeholders through responsiveness, clarity, and follow-through.
  • Demonstrates readiness for increased scope and complexity, supporting the Sr. Manager in scaling and maturing the risk program.

Storm Roles
All Non-Union Employees will serve in storm roles as appropriate to their role and skillset.
EQUAL OPPORTUNITY EMPLOYER
Duquesne Light Holdings is committed to providing equal employment opportunity to all people in all aspects of the employment relationship, without discrimination because of race, age, sex, color, religion, national origin, disability, sexual orientation and gender identity or status as a Vietnam era or special disabled veteran or any other unlawful basis, as defined by applicable law, and fostering a workplace free of unlawful discrimination and retaliation. This policy affects decisions including, but not limited to, hiring, compensation, benefits, terms and conditions of employment, opportunities for promotion, transfer, layoffs, return from a layoff, training and development, and other privileges of employment. An integral part of Duquesne Light Holdings' commitment is to comply with all applicable federal, state and local laws concerning equal employment and affirmative action.
Duquesne Light Holdings is committed to offering an inclusive and accessible experience for all job seekers, including individuals with disabilities. Our goal is to foster an inclusive and accessible workplace where everyone has the opportunity to be successful.
If you need a reasonable accommodation to search for a job opening, apply for a position, or participate in the interview process, connect with us at HR@duqlight.com and describe the specific accommodation requested for a disability-related limitation.