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Operational Risk Manager Jobs in California (NOW HIRING)

Cambridge Swinerton Builders

Risk Manager

Los Angeles, CA · On-site

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Cambridge Swinerton Builders

Risk Manager

Oakland, CA · On-site

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Cambridge Swinerton Builders

Risk Manager

Concord, CA · On-site

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Cambridge Swinerton Builders

Risk Manager

Santa Ana, CA

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Cambridge Swinerton Builders

Risk Manager

Sacramento, CA · On-site

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Cambridge Swinerton Builders

Risk Manager

Fairfield, CA · On-site

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Vaco LLC

Risk Manager

Los Angeles, CA

$90K - $105K/yr

RISK MANAGER Location: Los Angeles, CA , The Valley Schedule: Full-Time- Onsite Pay: $90,000 - $105 ... operations, HR, and outside counsel as needed Maintain detailed claim files and generate regular ...

Vaco LLC

Risk Manager

Los Angeles, CA

$90K - $105K/yr

RISK MANAGER Location: Los Angeles, CA , The Valley Schedule: Full-Time- Onsite Pay: $90,000 - $105 ... operations, HR, and outside counsel as needed Maintain detailed claim files and generate regular ...

loco

Risk Manager

Costa Mesa, CA · On-site

Lead the company's risk management and insurance function across procurement, claims, and analytics ... Partner with Legal, HR, Operations, and Finance on incident response, litigation support, budgeting ...

Cambridge Swinerton Builders

Risk Manager

Fresno, CA

$140K - $170K/yr

Support operations and preconstruction teams in one or more regions. Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and ...

Desjardins Group

Actively assist with efforts to update operational risk management practices, processes, tools and ... methodologies, taking into account considerations specific to the life and health insurance sector.

El Pollo Loco

Risk Manager

Costa Mesa, CA · On-site

$110K - $140K/yr

Lead the company's risk management and insurance function across procurement, claims, and analytics ... Liaison with internal field operations management to report on claim trends; review and consult ...

CareAgents by K&B

Clinical Risk Manager

San Jose, CA

The Clinical Risk Manager is a dynamic professional who leverages their risk management expertise to enhance resident safety and reduce the risk of future litigation, improving operational efficiency ...

CareAgents by K&B

Clinical Risk Manager

Fresno, CA

The Clinical Risk Manager is a dynamic professional who leverages their risk management expertise to enhance resident safety and reduce the risk of future litigation, improving operational efficiency ...

CareAgents by K&B

Clinical Risk Manager

Anaheim, CA

The Clinical Risk Manager is a dynamic professional who leverages their risk management expertise to enhance resident safety and reduce the risk of future litigation, improving operational efficiency ...

CareAgents by K&B

Clinical Risk Manager

Oakland, CA

The Clinical Risk Manager is a dynamic professional who leverages their risk management expertise to enhance resident safety and reduce the risk of future litigation, improving operational efficiency ...

CareAgents by K&B

Clinical Risk Manager

Bakersfield, CA · On-site

The Clinical Risk Manager is a dynamic professional who leverages their risk management expertise to enhance resident safety and reduce the risk of future litigation, improving operational efficiency ...

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Operational Risk Manager information

See California salary details

$46.4K

$119.1K

$233.9K

How much do operational risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for operational risk manager in California is $119,125.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $156,900.00 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 California? The most popular types of Operational Risk jobs in California are:
What are popular job titles related to Operational Risk Manager jobs in California? For Operational Risk Manager jobs in California, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in California look for? The top searched job categories for Operational Risk Manager jobs in California are:
What cities in California are hiring for Operational Risk Manager jobs? Cities in California with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in California as of May 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $119,125 per year, or $57.3 per hour.

Risk Manager

Cambridge Swinerton Builders

Los Angeles, CA • On-site

$140K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

Job description

Compensation Range:

$140,000.00 - $170,000.00 Annual Salary

Job Description Summary:

This position will:
Support operations and preconstruction teams in one or more regions.
Lead and manage certain team members in the Swinerton Incorporated Risk Management department, to support the core values and goals of the corporation.
Oversee the coordination and management of insurance policies and programs for the corporation, in support of the goals of the corporation.
This position will be on site 5 days a week in a Swinerton office.

Job Description:

  • POSITION RESPONSIBILITIES AND DUTIES:
  • Support the division teams with Owner contract and Master Subcontract review and analysis/guidance, and pricing of project-specific policies as needed
  • Support the division teams as needed for project participation in corporate insurance programs
  • Assist the Director with management corporate bonding and insurance programs, including evaluation and selection of brokers and carriers and negotiation of insurance policies
  • Assist the Director with review of OCIP program information, and assist division teams with pricing and participation
  • Assist the Director in developing and leading trainings for operations and estimating teams as regards risk, insurance, bonds and claim
  • Analyze and classify risks according to frequency and potential severity; measure financial impact of risk to company
  • Evaluate and select techniques to minimize losses such as risk retention, risk transfer, etc.
  • Oversee insurance-related claims management and litigation management issues
  • Complete other responsibilities as assigned

MINIMUM SKILLS OR EXPERIENCE REQUIREMENTS:

  • B.A. or B.S. Degree and minimum 10 years business experience with minimum 5 years experience construction or insurance industry
  • Ability to read contracts, and to provide analysis, comments and potential changed language for contract terms and conditions specific to insurance, bonding, indemnity and related subject matter areas.
  • Strong understanding of how property, casualty and indemnity insurance policies work. Ability to read, analyze and act on or comment and communicate in writing and verbally issues with insurance policies
  • Ability to assist estimating, preconstruction and operations teams with questions about how insurance requirements in requests for proposals/qualifications, bids, and contracts may impact pricing, coverage options and application of coverage in the event of a loss. To the extent that project-specific coverage options make more sense from a risk analysis, assist with collection of, analysis, and submission of underwriting information to broker and presentation of the coverage options, pricing and terms to the respective parties within Swinerton.
  • Strong understanding of how bonds work, and ability to explain and discuss guarantees and trigger issues.
  • Strong insurance claims management experience
  • Effective team and coaching leadership skills, and ability to develop and maintain strong relationships
  • Excellent written and verbal English communication and presentation skills
  • Effective organizational skills
  • Computer-literacy; knowledge of Microsoft Office Suite
  • Takes initiative and finds solutions to potential problems
  • Research and analytical skills
  • Ability to travel

SUMMARY OF BENEFITS:

This role is eligible for the following benefits:medical, dental, vision, 401(k) with company matching, Employee Stock Ownership Program (ESOP), individual stock ownership, paid vacation, paid sick leave, paid holidays, bereavement leave, employee assistance program, pre-tax flexible spending accounts, basic term life insurance and AD&D, business travel accident insurance, short and long term disability, financial wellness coaching, educational assistance, Care.com membership, ClassPass fitness membership, and DashPass delivery membership. Voluntary benefits include additional term life insurance, long term care insurance, critical illness and accidental injury insurance, pet insurance, legal plan, identity theft protection, and other voluntary benefit options.

Anticipated Job Application Deadline:

06/15/2026

Apply