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Operational Risk Manager Jobs in British Columbia

Td

Account Manager II

Abbotsford, BC

CA$81K - CA$115K/yr

Responsible to lead all aspects of account management, credit and operational risk for an assigned portfolio * Actively use sales platforms to build an understanding of our customers/target needs ...

Td

Account Manager II

Surrey, BC

CA$81K - CA$115K/yr

Responsible to lead all aspects of account management, credit and operational risk for an assigned portfolio * Actively use sales platforms to build an understanding of our customers/target needs ...

Td

Account Manager II

Surrey, BC

CA$81K - CA$115K/yr

Responsible to lead all aspects of account management, credit and operational risk for an assigned portfolio * Actively use sales platforms to build an understanding of our customers/target needs ...

Onni Group

Captain and Operations Manager

Vancouver, BC · On-site

CA$150K - CA$175K/yr

Strong understanding of aircraft airworthiness requirements and operational risk management * Experience maintaining operational manuals, SOPs, and regulatory documentation * High level of discretion ...

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All JobsOperational Risk Manager JobsOperational Risk Manager Jobs in British Columbia

Operational Risk Manager information

See British Columbia salary details

$31K

$109.1K

$152K

How much do operational risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for operational risk manager in British Columbia is $109,124.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,500.00 and $140,000.00 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 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. An Operational Risk Manager uses these pillars to develop strategies that minimize potential losses from internal processes, people, systems, or external events, often utilizing tools like risk dashboards and frameworks such as Basel II. Mastery of these pillars helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

Do risk managers make good money?

Operational Risk Managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with additional compensation such as bonuses and benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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 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 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.

What are the 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
More about Operational Risk Manager jobs
What are popular job titles related to Operational Risk Manager jobs in British Columbia? For Operational Risk Manager jobs in British Columbia, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in British Columbia look for? The top searched job categories for Operational Risk Manager jobs in British Columbia are:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in British Columbia as of June 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $109,124 per year, or $52.5 per hour.
Senior Analyst, IT Risk Reporting Operations

Senior Analyst, IT Risk Reporting Operations

Royal Bank of Canada

Vancouver, BC

Full-time

Posted 20 days ago

Job description

Job Description

What is the opportunity?

The IT Risk Reporting & Insights team is focused on the strategic delivery of the harmonization of risk reporting and metrics across our regions, while accelerating our governance and risk management practices. This includes the strategic design and development of metrics, evolution of reporting to prioritize standardization and the ability to enable proactive risk management.

What will you do?

  • Develop, execute and maintain rigorous quality assurance processes to ensure the accuracy and consistency of IT Risk Metrics using SQL, Python and Excel.
  • Perform PIV of IT Risk Metrics and reporting platform enhancements.
  • Ensure all testing evidence is documented to a standard that is clear and auditable using Microsoft office tools.
  • Manage JIRA projects to ensure all activities are tracked appropriately and can be linked back to testing evidence.
  • Report, track and ensure that all issues are resolved within a timely manner with stakeholders from IT Risk Engineering and Global IT Risk Analytics & Reporting.
  • Perform root-cause analysis, partner collaboratively with teams to resolve any identified discrepancies.
  • Support the Senior Manager of Technology Risk Analytics Operations in providing evidence that is requested by auditors or regulators as needed.
  • Provide customer support for inquiries about IT Risk Metrics received through the Global IT Risk JIRA service desk.
  • Contribute to regulatory activities as needed, providing documentation, responses etc.
  • Collaborate cross functionally across Global IT Risk Analytics & Reporting, as well as IT Risk Engineering to provide support for cross functional deliverables.
  • Deliver operational excellence in the maintenance and operations of IT Risk Reporting Platform.

What do you need to succeed?

Must-have:

  • University graduate or equivalent, Professional designations i.e. CRISC, CISSP, PMP
  • Experience using Microsoft Office Suite, especially Excel.
  • Knowledge and experience using SQL or Python to develop and execute test cases.
  • Strong Stakeholder Management
  • Strong Risk Management foundation
  • Experience with Agile Methodology
  • Strong data governance background
  • Ability to think analytically, navigate ambiguity and recommend solid solutions
  • Ability to use a systemic approach to solving problems through attention to detail, analysis, and evaluation of alternative solutions

Nice-to-have:

  • Strong problem-solving, analytical (including qualitative analysis), research and quantitative skills
  • Good knowledge of RBC businesses, products and organization
  • Good communication (verbal and written) skills, including strong appreciation of relationship management
  • Experience using Archer, LeanIX or similar Data Architect tools
  • Comfortable managing large quantities of data

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work

#LI-POST

#TECHPJ

Job Skills

Confidentiality, Cyber Security Management, Decision Making, Detail-Oriented, Encryption Software, Group Problem Solving, High Impact Communication, Information Security Management, Information Technology Security

Additional Job Details

Address:

745 THURLOW ST:VANCOUVER

City:

Vancouver

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-05-22

Application Deadline:

2026-06-22

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME

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