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Operational Risk Manager Jobs in Michigan (NOW HIRING)

This role leads supplier risk programs spanning operational, geopolitical, financial, sustainability, and continuity risks, and partners closely with Category Managers, Supplier Managers, Engineering ...

This role leads supplier risk programs spanning operational, geopolitical, financial, sustainability, and continuity risks, and partners closely with Category Managers, Supplier Managers, Engineering ...

Showing results 21-40

Operational Risk Manager information

See Michigan salary details

$41K

$105.2K

$206.6K

How much do operational risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for operational risk manager in Michigan is $105,206.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,100.00 and $138,600.00 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.

What are the most commonly searched types of Operational Risk jobs in Michigan?

The most popular types of Operational Risk jobs in Michigan are:

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

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

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

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

Infographic showing various Operational Risk Manager job openings in Michigan as of August 2026, with employment types broken down into 82% Full Time, 13% Part Time, 2% Temporary, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $105,206 per year, or $50.6 per hour.

Associate General Counsel - Litigation, Compliance, & Risk Management

FRIEDMAN MANAGEMENT COMPANY

Farmington Hills, MI • On-site

Full-time

Posted 13 days ago


Job description

The Associate General Counsel - Litigation, Compliance & Risk Management leads legal matters involving litigation, regulatory compliance, corporate governance, risk management, employment-related legal issues, and dispute resolution. This role provides strategic legal counsel to company leadership, oversees outside counsel, and helps protect the organization from legal and operational risk.
Essential Duties and Responsibilities
  • Manage company litigation, receivership disputes, subpoenas, government complaints, settlement negotiations, and related legal proceedings.
  • Serve as the primary legal contact for litigation and dispute-related matters as needed, including handling coordination with internal stakeholders and outside counsel.
  • Direct litigation administration, including matter intake, budgeting, reporting, tracking, document management, and deadline oversight.
  • Advise the company on legal compliance, corporate governance, permitting, licensing, entity management, and regulatory obligations.
  • Maintain corporate records and organizational compliance documentation for all applicable entities.
  • Partner with Human Resources on labor and employment matters, workplace investigations, employee relations concerns, and regulatory compliance issues.
  • Lead Legal Department participation in risk management initiatives, including insurance claims, insurance strategy, incident response, crisis management, safety, and security matters.
  • Develop, implement, and maintain legal policies, procedures, templates, playbooks, and contract management resources.
  • Coordinate with courts, government agencies, insurers, clients, lenders, vendors, tenants, and other third parties as necessary.
  • Provide practical, business-focused legal guidance to support operational and strategic objectives.
  • Perform other duties and special projects as assigned.

Qualifications
  • Juris Doctor (J.D.) from an accredited law school.
  • Active license to practice law in the State of Michigan and membership in good standing with the State Bar of Michigan.
  • Minimum of five (5) years of experience practicing law, including substantial experience in litigation, regulatory compliance, risk management, and corporate legal matters.
  • Proven ability to manage complex litigation, disputes, government inquiries, settlements, and outside counsel relationships.
  • Strong knowledge of corporate governance, business operations, regulatory compliance, licensing, permitting, and organizational risk management.
  • Experience advising executive leadership and Human Resources on employment law, employee relations, workplace compliance, and other high-risk legal issues.
  • Ability to manage multiple priorities in a fast-paced environment.

Equal Employment Opportunity Statement
Friedman Real Estate is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, genetic information, veteran status, or any other status protected by applicable law.