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Operational Risk Manager Jobs in Hawaii (NOW HIRING)

Bank of Hawaii

Risk Manager

Honolulu, HI · On-site

$96K - $168K/yr

... operational risk management, regulatory compliance, risk audit, and risk management. * Intermediate knowledge and skill proficiency in model risk management, risk governance, and strategic thinking.

Bank of Hawaii

Risk Manager

Honolulu, HI

... operational risk management, regulatory compliance, risk audit, and risk management. * Intermediate knowledge and skill proficiency in model risk management, risk governance, and strategic thinking.

Bank of Hawaii

Compliance & Risk Officer

Honolulu, HI · On-site

Under the direction of the Manager, this position is responsible for supporting the development, enhancement, and management of the regulatory compliance and operational risk management programs ...

Bank of Hawaii

Compliance & Risk Officer

Honolulu, HI · On-site

$54K - $94K/yr

Under the direction of the Manager, this position is responsible for supporting the development, enhancement, and management of the regulatory compliance and operational risk management programs ...

Bank of Hawaii

Compliance & Risk Officer

Honolulu, HI · On-site

$54K - $148K/yr

Supports the execution of compliance and operational risk programs by assisting with monitoring ... risk management, audit, legal, or related discipline. * Proficient with Microsoft Office ...

Bank of Hawaii

Director Vendor Risk Management

Honolulu, HI · On-site

$142K - $255K/yr

Under the direction of the Manager, this role is responsible for the strategic oversight, execution ... Partners with executive stakeholders to drive innovation, operational resilience, and enterprise ...

Bank of Hawaii

Compliance Officer

Honolulu, HI · On-site

$85K - $148K/yr

Under the direction of the Manager, this position is responsible for assisting in the development and execution of all compliance and operational risk activities. This position assists in managing ...

Bank of Hawaii

Compliance Officer

Honolulu, HI

Under the direction of the Manager, this position is responsible for assisting in the development and execution of all compliance and operational risk activities. This position assists in managing ...

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Operational Risk Manager information

See Hawaii salary details

$48.8K

$125.4K

$246.2K

How much do operational risk manager jobs pay per year?

As of Aug 15, 2026, the average yearly pay for operational risk manager in Hawaii is $125,408.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,400.00 and $165,200.00 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 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.

More about Operational Risk Manager jobs

What are popular job titles related to Operational Risk Manager jobs in Hawaii?

For Operational Risk Manager jobs in Hawaii, the most frequently searched job titles are:

What job categories do people searching Operational Risk Manager jobs in Hawaii look for?

The top searched job categories for Operational Risk Manager jobs in Hawaii are:

What cities in Hawaii are hiring for Operational Risk Manager jobs?

Cities in Hawaii with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Hawaii as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $125,408 per year, or $60.3 per hour.

Risk Manager

Bank of Hawaii

Honolulu, HI • On-site

$96K - $168K/yr

Full-time

Posted 11 days ago

Bank Of Hawaii rating

7.0

Company rating: 7.0 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

126th of 171 rated banks

Job description


As an Individual Contributor, this role serves as a key risk management advisor and partner to business leadership in the execution and ongoing enhancement of first-line risk management activities within the business unit. The position manages and coordinates critical risk management processes, including risk assessments, issue management, risk monitoring, and governance activities, while helping ensure alignment with enterprise risk management frameworks, regulatory requirements, and organizational objectives. This role provides subject matter expertise and independent risk insights to support sound decision-making and a strong risk management culture.
Responsibilities
  • Risk Assessment and Control Management: Manages the execution and ongoing enhancement of risk and control self-assessment (RCSA) activities, including risk identification, control evaluations, business process mapping, and inherent and residual risk assessments. Ensures alignment with enterprise risk management frameworks, standards, and guidance while promoting effective risk and control practices across the business unit.
  • Risk Evaluation and Change Management: Oversees and facilitates risk assessments for new initiatives, services, technologies, process changes, and strategic projects. Partners with stakeholders to identify risks, evaluate controls, develop mitigation strategies, and perform post-implementation reviews, as appropriate, to validate effectiveness.
  • Issue Management and Risk Mitigation: Manages tracking, escalation, and remediation of regulatory, audit, risk management, and self-identified issues. Partners with stakeholders to perform root cause analyses, develop sustainable corrective action plans, monitor remediation progress, and validate issue resolution activities.
  • Risk Monitoring and Reporting: Develops and maintains key risk indicators (KRIs), early warning indicators (EWIs), and other risk metrics used to monitor the business risk profile. Prepares and delivers risk reporting, analysis, and insights regarding risk exposures, emerging risks, and remediation activities to support management decision-making and governance oversight.
  • Risk Governance and Continuous Improvement: Drives enhancements to risk management processes, reporting capabilities, data quality, and technology utilization. Supports implementation of enterprise risk initiatives and serves as a resource to business partners on regulatory developments, emerging risks, and leading risk management practices.
  • Performs other responsibilities and duties as assigned.

Qualifications
  • Bachelor's degree in business administration, finance, accounting, risk management, or a related field. Equivalent work experience or certification(s) may be considered in lieu of degree.
  • Minimum 8 years of experience in risk management, internal or external audit, preferably in banking or financial services industry.
  • Proficient with Microsoft Office applications.
  • Advanced knowledge and skill proficiency in bank acumen, business acumen, continuous improvement, corporate governance, cross-functional collaboration, customer experience, decision making & judgement, financial risk management, laws & regulations, operational risk management, regulatory compliance, risk audit, and risk management.
  • Intermediate knowledge and skill proficiency in model risk management, risk governance, and strategic thinking.
  • Demonstrates strong analytical and critical thinking abilities, excellent written and verbal communication skills, and the ability to effectively influence stakeholders across all organizational levels. Must possess exceptional organizational skills, attention to detail, adaptability, and the ability to manage multiple priorities concurrently.
  • Demonstrates initiative, professionalism, intellectual curiosity, and a commitment to continuous learning and maintaining awareness of industry trends, emerging risks, regulatory requirements, and evolving risk management practices.

As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.
Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow.
We are an EEO/AA employer, including disability and veterans. For Bank of Hawaii's full EEO statement, please visit https://www.boh.com/careers.

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