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Operational Risk Management Jobs in New York, NY

Operational Risk Manager

Newark, NJ · On-site

$110K - $135K/yr

This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance. This role supports the Northeast ...

Operational Risk Manager

Stamford, CT · On-site

$110K - $135K/yr

This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance. This role supports the Northeast ...

Operational Risk Manager

Manhattan, NY · On-site

$110K - $135K/yr

This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance. This role supports the Northeast ...

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

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Operational Risk Management information

See New York, NY salary details

$51.6K

$132.6K

$260.4K

How much do operational risk management jobs pay per year?

As of Aug 28, 2026, the average yearly pay for operational risk management in New York, NY is $132,618.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,800.00 and $174,700.00 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 the most commonly searched types of Operational Risk Management jobs in New York, NY?

The most popular types of Operational Risk Management jobs in New York, NY are:

What are popular job titles related to Operational Risk Management jobs in New York, NY?

For Operational Risk Management jobs in New York, NY, the most frequently searched job titles are:

What job categories do people searching Operational Risk Management jobs in New York, NY look for?

The top searched job categories for Operational Risk Management jobs in New York, NY are:

Infographic showing various Operational Risk Management job openings in New York, NY as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 85% Physical, 3% Hybrid, and 12% Remote job distribution, with an average salary of $132,840 per year, or $63.9 per hour.

Manager, Operational Risk

Manhattan, NY • On-site

Full-time

Re-posted 5 days ago


Job description

As the US Head of Operational Risk Management, in this player/coach role is responsible for designing and implementing a comprehensive operational risk management framework. Your role is pivotal in fostering a strong risk culture and meeting regulatory expectations. Working closely with various business lines and functions, you will embed risk management practices and ensure the effective identification, assessment, and mitigation of operational risks.

  • Bachelor's degree in Finance, Economics, Business, or a related field.
  • 7-8 years of relevant experience, preferably within the operational risk/enterprise risk department of a financial institution.
  • Demonstrated ability to lead enterprise-wide programs across multiple legal entities and business lines.
  • Strong communication skills, with the ability to engage and articulate complex operational risk issues to Senior Management and C-suite.
  • A solid understanding of capital markets business and other operational risks, including IT security, BCP, and regulatory compliance risks.
  • Credibility at the Senior Management level, with excellent communication skills to build effective relationships.
  • Strong analytical skills and the ability to work well under pressure.
  • Experience in risk management technology implementation is an asset.
  • A proactive and solution-oriented mindset, with a track record of successful risk management initiatives.
  • Ability to work independently and manage multiple projects simultaneously.

#LI-DV1

  • Own and drive the rollout of the Operational Risk Framework across BGC Group, GFI Group, and Cantor Fitzgerald.
  • Monitor and ensure adherence to the operational risk policy and framework, facilitating training and risk awareness programs.
  • Partner with business units to quantify operational risks and oversee the capture, investigation, and root cause analysis of crystallized risk events.
  • Lead the Risk & Control Self-Assessment (RCSA) program, identifying and evaluating key operational risks and controls across the firm.
  • Expand the RCSA process for Front Office areas, ensuring rigorous risk identification and evaluation.
  • Prepare management information for risk committees, highlighting key risk and control issues, and tracking remediation plans.
  • Chair and participate in Operational Risk Committees, escalating material issues to Senior Management and the Executive Committee as needed.
  • Oversee the implementation of risk management technology solutions and ad hoc projects.
  • Stay alert to Conduct Risk issues, addressing risks to client interests, market integrity, and competition due to inappropriate practices or behaviors.
  • Build and maintain strong working relationships with Front Office personnel, Senior Management, and support functions.