ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Arizona (NOW HIRING)

next page

Showing results 1-20

People also search for

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Arizona

Operational Risk Manager information

See Arizona salary details

$43.8K

$112.5K

$220.9K

How much do operational risk manager jobs pay per year?

As of May 31, 2026, the average yearly pay for operational risk manager in Arizona is $112,484.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,500.00 and $148,200.00 per year, depending on experience, location, and employer.

What Does an Operational Risk Manager Do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

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 a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

What are some common challenges faced by Operational Risk Managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

What is the difference between Operational Risk Manager vs Risk Analyst?

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

More about Operational Risk Manager jobs
What are the most commonly searched types of Operational Risk jobs in Arizona? The most popular types of Operational Risk jobs in Arizona are:
What are popular job titles related to Operational Risk Manager jobs in Arizona? For Operational Risk Manager jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Arizona look for? The top searched job categories for Operational Risk Manager jobs in Arizona are:
What cities in Arizona are hiring for Operational Risk Manager jobs? Cities in Arizona with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Arizona as of May 2026, with employment types broken down into 2% As Needed, 78% Full Time, 16% Part Time, 1% Temporary, and 3% Contract. Highlights an 68% Physical, 6% Hybrid, and 26% Remote job distribution, with an average salary of $112,484 per year, or $54.1 per hour.
Prequalification Risk Manager

Prequalification Risk Manager

DPR Construction

Phoenix, AZ • On-site

Full-time

Posted 24 days ago

DPR Construction rating

7.8

Company rating: 7.8 out of 10

Based on 35 frontline employees who took The Breakroom Quiz

23rd of 77 rated construction

Job description

Job Description
The Prequalification Risk Manager will be responsible for working with our Preconstruction and Operations teams in evaluating bid packages and potential subcontractors on a project-by-project basis, including providing risk mitigation recommendations based on the annual prequalification submissions. Strong leadership, communication, and analytical skills are required for this position. The successful candidate should be hands-on, with a strong work ethic. He/she must be a detail-oriented, self-starter with the ability to find enjoyment in a fast-paced environment. This position involves communication and corroboration with business unit leaders, project teams and business partners across the country.
Specific Duties include:
  • Build strong connections with Subcontractor Community by developing: relationships with key players, awareness of past and current performance history, awareness of current work in progress, changes in prequalification statuses, and entity structure, participate in Subcontractor outreach programs; and coordinating with the local Prequalification Liaisons in building subcontractor relationships and gathering and analyzing necessary information.
  • Guide and assist the project teams around subcontractor prequalification and potential risk mitigation efforts during buyout and development and implementation of risk mitigation plans. On large projects where subcontracts for certain trade packages require SDI carrier approval, support project teams (Operations and Preconstruction) in preparing procurement strategies and subcontractor bidders lists, providing insights into subcontractors' experience, performance history, and capabilities.
  • Assist project teams (Operations and Preconstruction) through the Prequalification exception and SDI carrier referral processes from initiation through approval and provide guidance to subcontractors, as necessary; help with the creation of risk mitigation plans; work with project teams to complete the required forms necessary to obtain SDI carrier approval for certain subcontracts on a particular project or maintain carrier approval in the event the contract exceeds a prior approval threshold.
  • Monitor the implementation of risk mitigation plans on projects; promote accountability around implementing risk mitigation plan solutions and highlighting the risk of non-compliance.
  • Review of annual prequalification compliance for subcontractors who are working on active jobs and assist the National Prequalification Team in initiating renewals when needed.
  • Participate in project Risk Assessments and review monthly status reports for visibility to subcontractor related performance concerns, reserves and fee erosion; assist project teams in monitoring and managing subcontractor default risks (systems, processes and tools).
  • Point of Contact for subcontractor risk transfer tools: payment and performance bonds, contractual language, letter of credits, etc.; guide and assist the project team around subcontractor default coverage and acceptable language to transfer coverage.
  • Build strong connections within DPR's Risk Management groups, Preconstruction, Core Construction and Enterprise Corporate Services for assistance, access to resources, and sharing what you've learned.
  • Ability to develop training material and deliver via in-person, virtual, and on demand training platforms.

Experience:
  • Evaluation and mitigation of subcontractor default risks
  • Able to excel in a team environment and be a strong team player, successfully communicating with and seeking input from others
  • Working knowledge of construction contracts, subcontracts, purchase orders and other related agreements.

Qualifications
  • Bachelor's degree
  • 5-7 years of construction industry experience. Operations and/or prequalification experience is a plus.
  • Strong financial acumen in evaluating subcontractor risk is preferred
  • Creative thinker and problem solver
  • Demonstrate experience managing internal and external customer relationships
  • Strong work ethic and "can-do" attitude
  • Ability to anticipate what might occur and help shape a great outcome; and to sense what's happening and respond with consistency and urgency
  • Excellent written, verbal and presentation skills. Able to communicate complex things simply without overwhelming
  • Thorough understanding of typical project management processes and related information and forms
  • Strong listening skills and openness to others' points of view while maintaining risk advocacy for DPR
  • Strategic thinker: ability to recognize the downstream effects of decisions to advise the project team on best approaches

DPR Construction is a forward-thinking, self-performing general contractor specializing in technically complex and sustainable projects for the advanced technology, life sciences, healthcare, higher education and commercial markets. Founded in 1990, DPR is a great story of entrepreneurial success as a private, employee-owned company that has grown into a multi-billion-dollar family of companies with offices around the world.
Working at DPR, you'll have the chance to try new things, explore unique paths and shape your future. Here, we build opportunity together-by harnessing our talents, enabling curiosity and pursuing our collective ambition to make the best ideas happen. We are proud to be recognized as a great place to work by our talented teammates and leading news organizations like U.S. News and World Report, Forbes, Fast Company and Newsweek.
Explore our open opportunities at www.dpr.com/careers.

What DPR Construction employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply