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Operational Risk Manager Jobs in New Jersey (NOW HIRING)

Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

In addition to our core operations, we offer specialized consulting services that help our clients ... The Risk Manager is responsible for identifying, analyzing, and mitigating internal and external ...

In addition to our core operations, we offer specialized consulting services that help our clients ... The Risk Manager is responsible for identifying, analyzing, and mitigating internal and external ...

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Qualifications Required: 6+ years of experience in insider risk, security operations, investigations, compliance, data protection, or enterprise risk management 2+ years of experience managing an ...

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Operational Risk Manager information

See New Jersey salary details

$47.7K

$122.5K

$240.6K

How much do operational risk manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for operational risk manager in New Jersey is $122,545.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,600.00 and $161,400.00 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 New Jersey?

The most popular types of Operational Risk jobs in New Jersey are:

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

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

What cities in New Jersey are hiring for Operational Risk Manager jobs?

Cities in New Jersey with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in New Jersey as of August 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $122,545 per year, or $58.9 per hour.

Prime Brokerage Risk Manager

Fidelity Investments

Jersey City, NJ • On-site

$80K - $153K/yr

Full-time

Medical, Retirement, PTO

Re-posted yesterday


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 273 frontline employees who took The Breakroom Quiz

16th of 152 rated financial services


Job description

Job Description:Note: Fidelity will not provide immigration sponsorship for this position.The Role

Ready to be at the center of marketmoving decisions helping to protect and support a dynamic Prime Services business?! In this role, you'll own realtime risk insights-stress testing, scenario analysis, and portfolio monitoring-that directly influence margin decisions and client outcomes. You'll partner with senior stakeholders, credit, and technology to shape firmwide risk frameworks and build nextgeneration risk systems! If you thrive on critical thinking, precision, and impact in fastmoving markets, this is your chance to drive change and grow your influence!!

The Expertise and Skills You Bring

The ideal candidate brings a bachelor's degree in Finance or a STEMrelated field and 5+ years of relevant risk management experience, preferably within Prime Brokerage or institutional collateralized lending. You have knowledge of financial markets, investment products, and core brokerage functions-including trading, lending, margin, financing, clearing, custody, and related regulations-paired with a strong understanding of portfolio risk, stress testing, and scenario analysis. You are highly analytical, detailoriented, and technically proficient, with advanced Excel, data querying, and analytical tool expertise; programming skills are a plus. As a selfstarter and collaborative partner, you communicate complex topics clearly, influence decisions, manage multiple initiatives endtoend, and effectively navigate and resolve conflicts.

In this role, you deliver value through sophisticated data analytics across market, liquidity, and operational risks, driving innovation in risk methodologies, controls, and parameters. You engage stakeholders through clear discussions, walkthroughs, and presentations, distilling complex risk issues into concise reports for decisionmakers. By identifying inherent business risks and uncovering opportunities to enhance risk reporting and develop new key risk indicators, you help strengthen the firm's risk posture while enabling smarter, faster decisions across the business.

The Team

The Prime Services Risk team is responsible for risk management of the Fidelity Capital Markets Prime Services business. The team focuses on Collateral, Market and Operational risk associated with the intraday and overnight extension of collateralized credit to clients. The team is involved in determining lending policy and continuous analysis of the risks inherent in each client's portfolio and investment strategy. Portfolios are analyzed and evaluated daily through extensive simulation and stress analysis crafted to estimate market related risks. Additionally, the team is tasked with developing, testing, and validating strong risk models to ensure clients remain well collateralized on an ongoing basis.

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $80,000-$153,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:Category:Risk

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