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Operational Risk Manager Jobs in Oklahoma (NOW HIRING)

Addison Group

Risk Manager

Tulsa, OK

$90K - $110K/yr

Partner with operational, human resources, safety, and finance teams to improve organizational risk ... Manage escalated, high-exposure, or litigated claims and provide strategic guidance on resolution ...

Addison Group

Risk Manager

Tulsa, OK · On-site

$90K - $110K/yr

Partner with operational, human resources, safety, and finance teams to improve organizational risk ... Manage escalated, high-exposure, or litigated claims and provide strategic guidance on resolution ...

Addison Group

Risk Manager

Tulsa, OK · On-site

$90K - $110K/yr

Partner with operational, human resources, safety, and finance teams to improve organizational risk ... Manage escalated, high-exposure, or litigated claims and provide strategic guidance on resolution ...

Novartis

Enterprise Risk Manager (d/f/m)

Prague, OK · On-site

Summary As the Enterprise Risk Manager at Sandoz, you will play a crucial role in helping Sandoz ... You'll gain invaluable exposure to diverse operational facets of the business and cultivate ...

Guarantee Electrical

Work closely with preconstruction, project management, and operations teams during contract ... Provide risk guidance to project teams throughout the contract lifecycle * Support the CLRO in ...

The OSU/A&M System

Risk Analyst AS7412

Stillwater, OK · On-site

$55K - $75K/yr

One year experience in business process mapping and/or risk analysis of operational functions ... Operational research project management communication and presentation data analytics attention to ...

Credit Agricole CIB

$150K - $185K/yr

S. Operations (CUSO) for Information and Communications Technology (ICT) Risk, which includes ... Manage issues across the issue management lifecycle Monitor regulatory rule changes and conduct ...

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Operational Risk Manager information

See Oklahoma salary details

$43.4K

$111.5K

$218.8K

How much do operational risk manager jobs pay per year?

As of Jun 20, 2026, the average yearly pay for operational risk manager in Oklahoma is $111,452.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,900.00 and $146,800.00 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 the most commonly searched types of Operational Risk jobs in Oklahoma? The most popular types of Operational Risk jobs in Oklahoma are:
What are popular job titles related to Operational Risk Manager jobs in Oklahoma? For Operational Risk Manager jobs in Oklahoma, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Oklahoma look for? The top searched job categories for Operational Risk Manager jobs in Oklahoma are:
What cities in Oklahoma are hiring for Operational Risk Manager jobs? Cities in Oklahoma with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Oklahoma as of June 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $111,452 per year, or $53.6 per hour.
Sr Manager Operational Risk Management

Sr Manager Operational Risk Management

MidFirst Bank

Oklahoma City, OK • On-site

Full-time

Posted 23 days ago

MidFirst Bank rating

8.0

Company rating: 8.0 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

54th of 141 rated banks

Job description

Description:
Operational Risk Management (ORM) partners with Midland Mortgage Operations to strengthen the control environment, identify and assess operational risk, and ensure timely, well-supported responses to audits and regulatory exams. This role is ideal for a public accounting professional who enjoys applying an assurance mindset in an operational setting - evaluating processes, testing controls, documenting evidence, and driving practical remediation with business partners.
Rather than performing traditional audit testing, this role focuses on forward-looking risk identification, root cause analysis, and practical risk mitigation within a highly regulated mortgage servicing environment. This role serves as a trusted advisor to internal business units and as a liaison between Mortgage Operations and Internal and External oversight bodies (Internal Audit, Enterprise Risk Management, FHA, etc.) translating enterprise risk expectations into practical, operationally sound solutions.
As a manager within ORM, you will lead analysts performing process/control gap assessments, issue validation, and audit coordination/oversight activities. You will also serve as a risk and controls advisor by acting as a key liaison between Operations, Enterprise Risk Management (ERM), Compliance, Internal Audit, and regulators to ensure risks are identified, communicated, and mitigated appropriately.
  • Lead the audit/exam liaison program for Midland Mortgage Operations, coordinating end-to-end responses (request intake, evidence gathering, drafting responses, quality review, and submission) across Compliance, ERM, Internal Audit, and regulators.
  • Manage high-volume, time-sensitive deliverables under strict deadlines; apply sound audit and risk judgment to ensure responses are accurate, complete, and supported by appropriate documentation and evidence.
  • Oversee and challenge the operational control environment through risk assessments, process walkthroughs and gap analyses, and root-cause analysis. Monitor issue remediation plans, validate corrective actions, and report status and themes to senior leadership.
  • Manage, coach, and develop a team of analysts; set priorities, review workpapers and deliverables for quality, and build consistency in methodology, documentation standards, and stakeholder communications.
  • Serve as a trusted advisor to Operations and a subject-matter resource for ERM - translating business processes into risk/control language, facilitating effective challenge, and helping stakeholders understand risk acceptance, mitigation options, and residual risk.
  • Monitor emerging risk themes, operational changes, and control gaps, escalating concerns and recommendations as appropriate.

This is a high-visibility leadership role with broad exposure across the organization. Success requires a professional who brings rigor in documentation and testing, a strong command of risk and internal controls, and the ability to partner with (and appropriately challenge) Operations leaders to drive timely, sustainable risk mitigation.
Position Requirements:
You will thrive in this role if you enjoy applying structured risk and assurance practices with operational business processes. The ideal candidate can independently manage multiple workstreams, lead a team, and communicate clearly with senior leaders, auditors, and regulators - while maintaining strong attention to detail, sound professional judgment, and a bias for practical solutions.
  • 5 years of experience directly leading teams, or equivalent leadership experience gained at a large regional or Big 4 public accounting firm through progressive audit or advisory roles by managing audit engagements, directing teams of 2 or more and performing complex risk analysis.
  • Bachelor's degree in Accounting, Finance, Business, or related field required (Master's a plus); CPA strongly preferred (CIA/CISA/CRCM a plus)
  • Strong risk assessment and internal controls skillset, including process walkthroughs, control design/effectiveness evaluation, and root-cause analysis
  • Excellent written and verbal communication skills, including the ability to produce audit-ready documentation/workpapers, executive-level summaries, and regulator-ready responses
  • Proven ability to lead cross-functional initiatives, influence without authority, and drive timely outcomes in a fast-paced, deadline-driven environment
  • Experience coordinating audit/exam requests and managing issue remediation (tracking, evidence validation, and stakeholder follow-up) through closure

Preferred Experience:
  • Mortgage servicing or financial services operations experience; familiarity with regulatory exams, internal control frameworks, and/or second line of defense oversight

**This position is on-site at our corporate campus in north Oklahoma City, therefore you must reside in this area in order to be considered for this opening. **
***Incomplete online applications will not be considered***
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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