Oversee and support execution of the Operational Risk Management Framework by the Function to facilitate the identification, assessment and mitigation of risk arising from people, process, systems ...
Oversee and support execution of the Operational Risk Management Framework by the Function to facilitate the identification, assessment and mitigation of risk arising from people, process, systems ...
Enterprise Risk Analyst
Pittsburgh, PA · On-site
... management and board-level audiences, including analysis tied to risk appetite measures and review of submissions received from business units. • Partner with operational areas across the bank to ...
Quick apply
Enterprise Risk Analyst
Pittsburgh, PA · On-site
... management and board-level audiences, including analysis tied to risk appetite measures and review of submissions received from business units. • Partner with operational areas across the bank to ...
Provides periodic reports to the Operational Risk Committee, Risk Management Council and Board Risk Committee regarding the Vendor Management Program. Works with Purchasing, Technology Center ...
Provides periodic reports to the Operational Risk Committee, Risk Management Council and Board Risk Committee regarding the Vendor Management Program. Works with Purchasing, Technology Center ...
Provides periodic reports to the Operational Risk Committee, Risk Management Council and Board Risk Committee regarding the Vendor Management Program. Works with Purchasing, Technology Center ...
Provides periodic reports to the Operational Risk Committee, Risk Management Council and Board Risk Committee regarding the Vendor Management Program. Works with Purchasing, Technology Center ...
Risk Management Analyst
Pittsburgh, PA · On-site
... operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the ...
Risk Management Analyst
Pittsburgh, PA · On-site
... operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the ...
Senior Risk Specialist in Pittsburgh, PA, and multiple client tech hubs
Pittsburgh, PA · On-site
$95K/yr
... operational risk management; ability to use tools, data, and best practices to identify, assess, and manage operational risk exposures. • Organizational Governance - Knowledge of the processes ...
Quick apply
Senior Risk Specialist in Pittsburgh, PA, and multiple client tech hubs
Pittsburgh, PA · On-site
$95K/yr
... operational risk management; ability to use tools, data, and best practices to identify, assess, and manage operational risk exposures. • Organizational Governance - Knowledge of the processes ...
Risk Management Analyst
Pittsburgh, PA · On-site
... operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the ...
Risk Management Analyst
Pittsburgh, PA · On-site
... operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the ...
Sr. Risk Management Analyst I
Duquesne, PA · On-site
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 ...
Sr. Risk Management Analyst I
Duquesne, PA · On-site
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 ...
LOB Risk Lead
Collier, PA · On-site
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
LOB Risk Lead
Collier, PA · On-site
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
Line Of Business Risk Manager Senior - Technology Risk
Pittsburgh, PA · On-site
$146K - $326K/yr
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
Line Of Business Risk Manager Senior - Technology Risk
Pittsburgh, PA · On-site
$146K - $326K/yr
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
Line Of Business Risk Manager Senior - Technology Risk
Pittsburgh, PA · On-site
$146K - $326K/yr
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
Line Of Business Risk Manager Senior - Technology Risk
Pittsburgh, PA · On-site
$146K - $326K/yr
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
The SEI CERT Cyber Risk and Resilience Directorate, enables organizations to achieve operational ... Our Cyber Risk Management team focuses on designing, prototyping, transitioning risk management ...
LOB Risk Spec Sr
Pittsburgh, PA · On-site
$75K - $125K/yr
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
LOB Risk Spec Sr
Pittsburgh, PA · On-site
$75K - $125K/yr
Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...
Vendor Risk Management Compliance Analyst
Pittsburgh, PA · On-site
$55K - $65K/yr
Join us as a Vendor Risk Management Compliance Analyst Brown Brothers Harriman is currently recruiting a Vendor Risk Management ("VRM") Compliance Analyst to join our Core Compliance Team. In this ...
Vendor Risk Management Compliance Analyst
Pittsburgh, PA · On-site
$55K - $65K/yr
Join us as a Vendor Risk Management Compliance Analyst Brown Brothers Harriman is currently recruiting a Vendor Risk Management ("VRM") Compliance Analyst to join our Core Compliance Team. In this ...
Vendor Risk Management Compliance Analyst
Pittsburgh, PA · Remote
$55K - $65K/yr
Join us as a Vendor Risk Management Compliance Analyst Brown Brothers Harriman is currently recruiting a Vendor Risk Management ("VRM") Compliance Analyst to join our Core Compliance Team. In this ...
Vendor Risk Management Compliance Analyst
Pittsburgh, PA · Remote
$55K - $65K/yr
Join us as a Vendor Risk Management Compliance Analyst Brown Brothers Harriman is currently recruiting a Vendor Risk Management ("VRM") Compliance Analyst to join our Core Compliance Team. In this ...
Manage and continuously enhance the organization's ERM framework aligned with leading practices (e ... Lead and facilitate enterprise-level and targeted risk assessments across clinical, operational ...
Manage and continuously enhance the organization's ERM framework aligned with leading practices (e ... Lead and facilitate enterprise-level and targeted risk assessments across clinical, operational ...
Senior Risk Management Analyst
Pittsburgh, PA · On-site
The Senior Risk Management Analyst assists in facilitating an effective risk framework through partnership with business, operations, and other staff units, as well as external stakeholders. The ...
Senior Risk Management Analyst
Pittsburgh, PA · On-site
The Senior Risk Management Analyst assists in facilitating an effective risk framework through partnership with business, operations, and other staff units, as well as external stakeholders. The ...
Operational Risk Management information
See Pittsburgh, PA salary details
$45.6K - $62.4K
5% of jobs
$72.5K is the 25th percentile. Wages below this are outliers.
$62.4K - $79.2K
33% of jobs
The median wage is $94K / yr.
$79.2K - $95.9K
14% of jobs
$95.9K - $112.7K
14% of jobs
$112.7K - $129.5K
5% of jobs
$141.3K is the 75th percentile. Wages above this are outliers.
$129.5K - $146.2K
6% of jobs
$146.2K - $163K
7% of jobs
$163K - $179.8K
5% of jobs
$179.8K - $196.5K
2% of jobs
$196.5K - $213.3K
8% of jobs
$213.3K - $230.1K
0% of jobs
$45.6K
$117.2K
$230.1K
How much do operational risk management jobs pay per year?
What does an operational risk manager do?
Is operational risk management a good career?
What is the highest paying risk management job?
What is the difference between Operational Risk Management vs Risk Analyst?
| Aspect | Operational Risk Management | Risk Analyst |
|---|---|---|
| Credentials | Certifications like FRM, CRM, or RIMS; relevant degrees in finance, risk management, or business | Similar certifications; degrees in finance, economics, or related fields |
| Work Environment | Corporate offices, financial institutions, or industries with risk management departments | Financial firms, consulting agencies, or corporate risk teams |
| Employer & Industry Usage | Used across banking, insurance, and large corporations to manage operational risks | Commonly 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?
What is operational risk management?
What are common challenges faced by professionals in Operational Risk Management, and how can they be addressed?
What jobs can I get with frm?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 23 days ago
Job description
Senior Vice President, Operational Risk CoverageÂ
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We're seeking a future team member for the role of Senior Vice President, Operational Risk Coverage to join our Risk & Compliance team. This role is located in Pittsburgh, PA.Â
In this role, you'll make an impact in the following ways:Â
- Responsible for the second line of defense on-going independent oversight, challenge and advice on day-to-day operational risk management for Corporate Functions, with special focus on the Officer of the CFO Function including Finance and Corporate Treasury.
- Oversee and support execution of the Operational Risk Management Framework by the Function to facilitate the identification, assessment and mitigation of risk arising from people, process, systems and external events.
- Provide ongoing coaching and advice to the Function on current and emerging risk related matters.
- In conjunction with other risk stripes, review, advise on and provide 2LOD approval recommendation for Risk Appetite Limits.
- Independently oversee and monitor the Function Risk and Control Self-Assessment including review, guidance, challenge and approval for risk acceptance, action closure, manual processes and concurring to the RCSA accuracy annually, ensuring that it continuously reflects the Function's operational risks and control environment.Â
- Partner with the Function to identify significant emerging and potential risk and control weaknesses, including process review, control testing review and other risk deep dives.Â
- Provide input, oversight and challenge to the Scenario Analysis Process.Â
- Support the quarterly Risk ID and High-Level Assessment (HLA) process by participating in pre-HLA meetings, reviewing and challenging HLAs.Â
- Review, challenge and approve new and change related client, jurisdiction, product and processes such as New / Modified Products and Business Process Change.
- Oversee, challenge and monitor Operational Risk Events (OREs) to identify root causes, ensure appropriate remediation actions to address control gaps and proactively identify themes/trends that require discussion.
- Escalate identified Issues; oversee, challenge and monitor Issues to ensure that they have a proper description, materiality rating and remediation action plans, as well as to monitor the completion of their action plans and to identify trends and themes that require discussion.Â
- Provide input and challenge on reporting for Risk, Control and Legal Entity.
- Leverage Operational Risk reporting and data analytics to proactively identify and address risk concentration and control weaknesses.Â
- Contribute to the achievement of the Function's strategy, Objectives and Key Results (OKRs), and regulatory deliverables.
To be successful in this role, we're seeking the following:
- Bachelor's degree or equivalent education required.Â
- Experience in Operational Risk Management or a similar oversight role required.
- 10-15 years of total work experience preferred.
- Experience covering Finance or Payroll is a plus.
- Finance/Accountancy background preferred.
- Solid analytical and problem-solving skills.
- Solid interpersonal and teamwork skills.
- Data analytics skills/experience preferred.
At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
BNY LinkedInÂ
 Here's a few of our recent awards:Â
- America's Most Innovative Companies, Fortune, 2025
- World's Most Admired Companies, Fortune 2025
- "Most Just Companies", Just Capital and CNBC, 2025
Our Benefits and Rewards:Â
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.Â
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn
 Here's a few of our recent awards:
- America's Most Innovative Companies, Fortune, 2025
- World's Most Admired Companies, Fortune 2025
- "Most Just Companies", Just Capital and CNBC, 2025
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.Â
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.