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Operational Risk Management Jobs in Baltimore, MD

Compliance, Risk and Business Manager

Bowie, MD · On-site

$90.60 - $140/hr

  • Medical

  • Life

  • Retirement

  • PTO

Work collaboratively with India-based partners and cross-functional teams to support compliance, risk management, reporting, and operational initiatives across time zones. * Maintain compliance with ...

New

Compliance, Risk and Business Manager

Bowie, MD · On-site

$90.60 - $140/hr

  • Medical

  • Life

  • Retirement

  • PTO

Work collaboratively with India-based partners and cross-functional teams to support compliance, risk management, reporting, and operational initiatives across time zones. * Maintain compliance with ...

New

Showing results 41-60

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 Aug 19, 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 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 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 August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $119,938 per year, or $57.7 per hour.

Cybersecurity Governance and Risk Management (GRC) Lead

ERP International

Laurel, MD • Remote

$165K - $210K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 8 days ago


Job description

Location

Remote (U.S.) | Occasional Travel May Be Required

We appreciate your interest in becoming part of our team. Although this requisition does not apply to a specific immediate opening , we value proactive candidates like yourself who are looking to build a meaningful career with ERP International. We will keep your application on file and contact you when suitable opportunities arise. (Applying for the future openings posting does not guarantee employment).

ERP International, LLC (www.erpinternational.com) is currently seeking a Full Time Cybersecurity Governance and Risk Management (GRC) Lead to support the Centers for Medicare & Medicaid Services. Qualified candidates are urged to apply to learn more about this great opportunity! The successful candidate will provide strategic and operational support across cybersecurity program management, control assessments, continuous monitoring, audit readiness, risk analysis, policy development, and stakeholder engagement activities in highly regulated environments.

Be the Best! ERP International is honored to be named a 2026 Top Workplace by WTOP News! 7 Years Running.

ERP Offers Employees:

* Competitive Salaries & Benefits to include Health, Dental, Vision and Retirement!
* Health Advocate & Concierge Services!
* Unlimited Job- Related Training & Development!

* Employee Recognition & Incentive Programs!

* Employee Appreciation & Company Sponsored Events!
* Opportunity to work with leading edge technology!

* Community Outreach & Charity Work!

Connect With Us! Apply online today and discover more about this exceptional employment opportunity.  www.erpinternational.com

ERP is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment on the basis of race, color, sex, religion, national origin, veteran status, disability status, age, or any other characteristic protected by federal, state, or local law.

ERP International is committed to providing veteran employment opportunities to our service men and women.

Pay Range: $165,000 – $210,000

The salary range for this position is determined based on a variety of factors, including but not limited to, experience, qualifications, skill level, and location. The final salary offer will fall within this range and will be commensurate with the candidate’s background and the specific demands of the role.

About ERP International, LLC: ERP is a nationally respected provider of health, science, and technology solutions supporting clients in the government and commercial sectors. We provide comprehensive enterprise information technology, strategic sourcing, and management solutions to DoD and federal civilian agencies in 40 states. Founded in 2006, ERP is headquartered in Laurel, MD and maintains satellite offices in Montgomery, AL and San Antonio, TX - plus project locations nationwide. 


Job Specific Details and Tasks:

  • Support enterprise cybersecurity governance and compliance programs.
  • Conduct security control assessments and risk analyses.
  • Review and maintain security authorization documentation.
  • Support implementation of NIST, FISMA, and agency cybersecurity requirements.
  • Assist with continuous monitoring, vulnerability management, and remediation tracking.
  • Develop executive reports, dashboards, and risk briefings.
  • Participate in audit readiness and compliance activities.
  • Coordinate with technical teams, security stakeholders, and executive leadership.
  • Evaluate cybersecurity processes and recommend improvements.
  • Support cybersecurity modernization and transformation initiatives.

Minimum Qualifications:
  • 7+ years of cybersecurity, governance, compliance, auditing, risk management, or related experience.
  • 3+ years leading governance, compliance, risk management, or cybersecurity oversight activities.
  • Experience supporting federal, healthcare, defense, financial services, or other highly regulated environments.
  • Experience with:
    • NIST Risk Management Framework
    • Enterprise Risk Management
    • Cybersecurity Governance
    • Compliance Assessments
    • Audit Readiness
    • Policy Development
    • Security Metrics and Reporting
  • Strong analytical, communication, and stakeholder engagement skills.
Education:  
  • Bachelor's degree in Cybersecurity, Information Systems, Public Policy, Business Administration, Computer Science, or related discipline.
License/Certification and Training: 
 

Desired Certifications

  • One or more of the following:

    • CISSP
    • CISM
    • CRISC
    • CGRC
    • CISA
    • PMP
    • ITIL
    • Security+

Desired Experience:

  • Experience supporting enterprise cybersecurity transformation initiatives.
  • Experience working with executive governance organizations or leadership councils.
  • Experience supporting privacy programs or data governance initiatives.
  • Experience developing cybersecurity maturity assessments and improvement roadmaps.
  • Experience supporting cloud governance, Zero Trust, or enterprise modernization efforts.
  • Experience supporting large-scale federal technology or business transformation programs.

Clearance Requirements:

  • Must be able to obtain a government public trust Clearance/background check

Standard Interview & Selection Process:

  • Recruiter Pre-Screen
  • If selected, Interview with Hiring Manager and/or Technical Lead