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Operational Risk Manager Jobs in Pennsylvania (NOW HIRING)

Support stakeholder alignment and endorsement through structured risk reviews with Engineering, Project Management, Services/Field Operations, Supply Chain, Quality, Trade & Compliance and Finance.

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Operational Risk Manager information

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$47.1K

$121K

$237.6K

How much do operational risk manager jobs pay per year?

As of Jul 7, 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.

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:
Manager of Enterprise Risk Systems - Pittsburgh, PA

Manager of Enterprise Risk Systems - Pittsburgh, PA

F.N.B. Corporation

Pittsburgh, PA • On-site

Full-time

Posted 16 days ago


Job description

Primary Office Location:
626 Washington Place. Pittsburgh, Pennsylvania. 15219.
Join our team. Make a difference - for us and for your future.
Position Title: Manager of Enterprise Risk Systems
Business Unit: Risk - Operational and Strategic Risk
Reports to: Chief Operational Risk Officer
Position Overview:
This position is primarily responsible for overseeing and providing strategic direction for the corporation's Enterprise Governance, Risk, and Compliance platform, delivering capabilities including but not limited to Risk Assessment, Issues Management, Key Risk Indicators, Monitoring and Testing, Policy Management, Exam Management, and Risk Aggregation and Reporting across the Enterprise. The incumbent will provide analytics and a holistic view of risk exposure to lines of business, Risk Management Leadership, Executive Management, and the Board Risk Committee to enable data driven decisions.
Primary Responsibilities:
Oversees and provides strategic direction for the corporation's Enterprise Governance, Risk, and Compliance (GRC) platform, delivering capabilities including but not limited to Risk Assessment, Issues Management, Key Risk Indicators, Monitoring and Testing, Policy Management, Exam Management, and Risk Aggregation and Reporting.
Oversees the system administrators of GRC and the owners of each module to ensure that the system operates in the most efficient and purposeful way. Ensures development, configurations, system upgrades, user security, profile maintenance and other system admin functions are completed in accordance with Bank procedures and policies. Establishes Enterprise process/procedure where necessary.
Oversees the Enterprise Governance, Risk, and Compliance inventories and how the corporation manages, monitors, and assesses risks and what type of risk reporting needs are required to effectively manage the business. Provides advisory services to internal business partners on new capabilities and recommends risk solutions that satisfy business needs and streamline operations.
Coordinates technical teams, business units, and end users ensuring that all parties are informed and any concerns with the development, design, operation, or maintenance of the Enterprise Governance, Risk, and Compliance platform are addressed.
Oversees the budget for the Enterprise Governance, Risk, and Compliance platform, including costs related to licenses, maintenance, and any required upgrades, enhancements, or expansion of capabilities.
Leads or participates in the vendor management process including vendor ownership requirements, contract negotiation, statements of work, invoice tracking, etc.
Oversees processes to continuously monitor and improve data quality, process integrity and productivity.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
5
Skills Required to Perform the Primary Responsibilities of this Position:
Excellent communication skills, both written and verbal
Excellent management skills
Excellent customer service skills
Excellent project management skills
Excellent organizational, analytical and interpersonal skills
Ability to work and multi-task in a fast paced environment
Detail-oriented
Familiarity with Governance, Risk, and Compliance systems, and prior enterprise platform / system implementation experience
Enterprise Risk Management experience or related risk experience preferred
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:
N/A
Physical Requirements or Work Conditions Beyond Traditional Office Work:
N/A
Equal Employment Opportunity (EEO):
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.
FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.