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Operational Risk Management Jobs in Baltimore, MD

Deloitte

Financial Risk Manager

Baltimore, MD · On-site

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

All JobsOperational Risk Management JobsOperational Risk Management Jobs in Baltimore, MD

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 Jun 22, 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, ensure compliance with regulations, and often use tools like risk assessment frameworks and data analysis. Their role helps protect the organization from financial loss and reputational damage.

Is operational risk management a good career?

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

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.

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 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 jobs can I get with frm?

With an FRM (Financial Risk Manager) certification, you can pursue roles such as risk analyst, risk manager, credit risk analyst, market risk analyst, and operational risk manager. These positions typically involve assessing financial risks, developing risk management strategies, and using tools like risk modeling and data analysis software.
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:
Operational Risk Management jobs near you
Infographic showing various Operational Risk Management job openings in Baltimore, MD as of June 2026, with employment types broken down into 100% Full Time. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $119,938 per year, or $57.7 per hour.
Engineer, Site Risk Management

Engineer, Site Risk Management

Constellation Energy

Darlington, MD

$87K - $154K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

Constellation Energy rating

8.4

Company rating: 8.4 out of 10

Based on 96 frontline employees who took The Breakroom Quiz

12th of 74 rated oil and gas companies

Job description

Who We Are

As the largest private-sector power producer in the world and the nation's largest producer of clean and reliable energy, Constellation is focused on our purpose: lighting the way to a brilliant tomorrow for all. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute. Now integrated with Calpine, our portfolio includes 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, with the generating capacity to power the equivalent of 27 million homes.
Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things. Join us in meeting the country's energy needs today and tomorrow.

Total Rewards

Constellation offers an extensive selection of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and a wide-range of benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, eligible employees are offered a bonus program, 401(k) with company match, employee stock purchase program comprehensive medical, dental and vision benefits, including robust wellbeing programs disability and life insurance benefits paid time off for vacation, holidays, and sick days and much more.

***This Engineering role can be filled at the Entry, Mid-level or Senior Engineer level. Please see minimum qualifications list below for each level***

Expected salary range:

  • Entry-Level - $87,000
  • Mid-Level - $92,700 - $114,000
  • Sr Level - $122,400- $154,000

Ranges are per year based on experience, along with a comprehensive benefits package that includes bonus and 401K.

Primary Purpose of Position

Responsible for performing engineering and technical tasks, under direct supervision, in support of nuclear plant operations.

Primary Duties and Accountabilities

  • Assure all engineering products prepared are in accordance with applicable safety analyses, industry codes, and all regulatory requirements.
  • Perform engineering and technical tasks as assigned by supervision
  • Support engineering work functions.
  • Perform other job assignments and duties as directed by management or pursuant to company policy, including but not limited to emergency response, departmental coverage, call outs, and support of outage activities in positions outside the department.

MINIMUM QUALIFICATIONS for Entry Level E01 Engineer

  • Bachelor&rsquos degree in Engineering (Chemical, Civil/Structural, Electrical, Industrial, Mechanical or Nuclear)
  • Maintain minimum access requirements or unescorted access requirements, as applicable, and favorable medical examination and/or testing in accordance with position duties

MINIMUM QUALIFICATIONS for Mid-level E02 Engineer

  • Bachelor&rsquos degree in engineering (chemical, civil/structural, electrical, industrial, mechanical or nuclear) with 2 years of nuclear or related engineering experience
  • Maintain minimum access requirements or unescorted access requirements, as applicable, and favorable medical examination and/or testing in accordance with position duties

MINIMUM QUALIFICATIONS for Senior E03 Engineer

  • Bachelor&rsquos degree in Engineering (Chemical, Civil/Structural, Electrical, Industrial, Mechanical or Nuclear)  with 5 years of nuclear experience or related engineering experience
  • Maintain minimum access requirement or unescorted access requirements, as applicable, and favorable medical examination and/or testing in accordance with position duties

Preferred Qualifications

  • PRA (Probabilistic Risk Assessment) experience including model development and risk-informed applications 

What Constellation Energy employees say

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