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Operational Risk Manager Jobs in Pennsylvania (NOW HIRING)

Lincoln Financial

Operational Risk Consultant

Radnor, PA · Hybrid

$72K - $131K/yr

... management to incorporate new trends and developments in current and future solutions. • ... operational/business risk management/audit in the insurance and/or financial services industry ...

Lincoln Financial

Operational Risk Consultant

Radnor, PA · On-site

$72K - $131K/yr

... management to incorporate new trends and developments in current and future solutions. • ... operational/business risk management/audit in the insurance and/or financial services industry ...

Lincoln Financial

Operational Risk Consultant

Radnor, PA · Hybrid

$72K - $131K/yr

... with management to incorporate new trends and developments in current and future solutions ... operational/business risk management/audit in the insurance and/or financial services industry ...

Bing Recruitment

Operations Risk Manager, SVP

Horsham, PA · On-site

$100K - $200K/yr

Provide strategic leadership and operational direction to the Bank's Operational Risk Management function. Ensure that the Bank's BSA/AML/CFT, fraud prevention, physical security, and related ...

County of Delaware, PA

Risk Manager

Media, PA · On-site

This position identifies, evaluates, and mitigates risks that may impact County operations, finances, employees, and the public. The Risk Manager ensures compliance with applicable federal ...

County of Delaware

Risk Manager

Media, PA

$75K/yr

This position identifies, evaluates, and mitigates risks that may impact County operations, finances, employees, and the public. The Risk Manager ensures compliance with applicable federal ...

County of Delaware, PA

Risk Manager

Media, PA · On-site

$75K/yr

This position identifies, evaluates, and mitigates risks that may impact County operations, finances, employees, and the public. The Risk Manager ensures compliance with applicable federal ...

Deloitte

Financial Risk Manager

Philadelphia, PA · On-site

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

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Operational Risk Manager information

See Pennsylvania salary details

$47.1K

$121K

$237.6K

How much do operational risk manager jobs pay per year?

As of Jul 6, 2026, the average yearly pay for operational risk manager in Pennsylvania is $120,995.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,700.00 and $159,400.00 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 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 is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

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 certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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 the most commonly searched types of Operational Risk jobs in Pennsylvania? The most popular types of Operational Risk jobs in Pennsylvania are:
What are popular job titles related to Operational Risk Manager jobs in Pennsylvania? For Operational Risk Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Pennsylvania look for? The top searched job categories for Operational Risk Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Operational Risk Manager jobs? Cities in Pennsylvania with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Operational Risk Management

Operational Risk Management

Susquehanna International Group, LLP

Philadelphia, PA • On-site

Per diem

Posted 8 days ago

Job description

Overview
We are looking for a highly organized and motivated individual to support the development and execution of our Internal Controls and Operational Risk Management framework. This role offers hands-on exposure to enterprise risk processes, control testing, risk reporting, and incident tracking.
Key Responsibilities
  • Risk & Controls Support
    • Assist in performing control testing and walkthroughs to assess control design and effectiveness.
    • Help maintain the internal control library and documentation (e.g., narratives, risk/control matrices).
    • Support facilitation of Risk and Control Self-Assessments (RCSAs) with first-line teams.
    • Record, track, and help analyze operational incidents and loss events.
    • Run scenario analysis
  • Data & Reporting
    • Collect and maintain risk and control data in internal systems.
    • Contribute to the preparation of dashboards, scorecards, and risk reports for senior stakeholders.
    • Support Key Risk Indicator (KRI) monitoring and escalation processes.
  • Operational Risk Processes
    • Log and follow up on risk issues, remediation plans, and audit findings.
    • Assist in reviewing vendor risk data, business continuity documentation, and third-party controls.
    • Help ensure compliance with internal risk policies and procedures.

What we're looking for
Required Qualifications
  • Industry experience in market making, algorithmic trading, or proprietary trading is strongly preferred, along with relevant familiarity with industry-specific regulatory frameworks.
  • 5-7 years of experience in operational risk, compliance, audit, or a related operational role.
  • Basic understanding of risk and control concepts (e.g., preventative vs. detective controls, risk assessments).
  • Strong organizational and documentation skills.
  • Proficiency in Microsoft Office, especially Excel, and familiarity with data analysis tools.
  • Visa sponsorship for work authorization is not available for this position now or in the future.

Preferred Qualifications
  • Exposure to internal audit, controls testing, or regulatory compliance is a plus.
  • Interest in pursuing professional certifications (e.g., CRMA, CIA, CISA).

Key Competencies
  • Detail-oriented and process-driven
  • Strong communication skills
  • Problem-solving mindset
  • A proven ability to manage competing priorities in a challenging, fast-paced environment
  • Discretion and integrity in handling sensitive data

About Susquehanna
Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.
If you're a recruiting agency and want to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.
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