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Operational Risk Management Jobs in Baltimore, MD

This role ensures program leadership has a clear understanding of technical, cost, schedule, operational, and compliance risks while maintaining the integrity of risk management systems and data. The ...

... operational risk. • Build and manage stakeholder relationships across silos. • Acquire and demonstrate deep knowledge of assigned products and functional areas. • Establish clear goals and ...

Fraud Risk Manager

Silver Spring, MD · Hybrid

$104K - $173K/yr

Partner with first-line fraud operations, BSA/AML, cybersecurity, legal, and technology teams to ensure an integrated approach to financial crimes and fraud risk management.Evaluating existing ...

Fraud Risk Manager

Silver Spring, MD · On-site

$104K - $173K/yr

Partner with first-line fraud operations, BSA/AML, cybersecurity, legal, and technology teams to ensure an integrated approach to financial crimes and fraud risk management. Evaluating existing ...

Experience with business transformation, regulatory remediation or change management initiatives as a result of strategic, regulatory, risk-related, technological, or operational evolutions

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Showing results 1-20

Operational Risk Management information

See Baltimore, MD salary details

$46.7K

$119.9K

$235.5K

How much do operational risk management jobs pay per year?

As of Jul 9, 2026, the average yearly pay for operational risk management in Baltimore, MD is $119,938.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,000.00 and $158,000.00 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 Baltimore, MD? For Operational Risk Management jobs in Baltimore, MD, the most frequently searched job titles are:
What job categories do people searching Operational Risk Management jobs in Baltimore, MD look for? The top searched job categories for Operational Risk Management jobs in Baltimore, MD are:
Infographic showing various Operational Risk Management job openings in Baltimore, MD as of July 2026, with employment types broken down into 100% Full Time. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $119,938 per year, or $57.7 per hour.
Analyst, Business Line Risk Management

Analyst, Business Line Risk Management

T Rowe Price

Owings Mills, MD • Hybrid

Other

Posted 29 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

Role Summary

Applies knowledge to improve risk management within Advice Solutions. Applies understanding of the design and operating effectiveness of internal controls and operating procedures to advise the business line on executing the risk program, responsible product offer scaling, and delivering an outstanding client experience.

Responsibilities

  • Leveraging comprehensive knowledge of business line, examines existing processes, operational controls, and policies; identifies control gaps; and helps make initial recommendations on potential treatments for any gaps found within a business line.
  • Expands knowledge of the Advice Solutions business line; understands standards, guidelines, and regulations the business line is subject to; and helps monitor compliance across the business line.
  • Evaluates potential courses of action to address issues identified and recommends solutions.
  • May work with internal auditors, researching and providing information when assigned business line is audited and report on identified gaps to senior staff.
  • Proactively identifies and addresses potential gaps and issues that may occur within the business line across the spectrum of all Advice Solutions product offers.
  • Operate various Advice Solutions controls as delegated to ensure business line continuity, operational efficiency, and risk management.
  • Collaborate cross-functionally with internal and external business partners to execute program initiatives, resolve issues, and maintain overall business operations.
  • Continues to develop an understanding of organizational risk culture and the application to assigned business line.

Qualifications

Required:

  • Bachelor's degree or the equivalent combination of education and relevant experience AND
  • 4+ years of total relevant work experience
  • FINRA Series 7, Series 66 (or Series 63/Series 65), and Series 24

Preferred:

  • Comprehensive knowledge of II Advice Solutions product offers
  • Experience working with the following tools and systems: NetX360, AWD 10, FolioDynamix, Wealth Portal, and Salesforce
  • Collaborative, team player
  • Strong analytical, problem solving and critical thinking skills
  • High attention to detail and strong organizational skills
  • Excellent written and verbal communication skills
  • Strong issue management, quality assurance, and governance discipline.

FINRA Requirements

FINRA licenses are required and will 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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