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Operational Risk Manager Jobs in Utah (NOW HIRING)

As Risk Director, you'll lead the enterprise-wide risk management program -- from insurance ... Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the ...

As Risk Director, you'll lead the enterprise-wide risk management program -- from insurance ... Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the ...

Manage Adobe's Security Management framework, integrate industry-leading risk measurement models ... Operations, and Product Security. * Apply industry risk frameworks (e.g., FAIR, OCTAVE, NIST RMF ...

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Operational Risk Manager information

See Utah salary details

$42.8K

$109.9K

$215.8K

How much do operational risk manager jobs pay per year?

As of Jun 9, 2026, the average yearly pay for operational risk manager in Utah is $109,887.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,900.00 and $144,700.00 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 does an Operational Risk Manager do?

An Operational Risk Manager is responsible for identifying, assessing, and mitigating risks within an organization that could arise from internal processes, systems, people, or external events. They develop and implement risk management policies, conduct risk assessments, and ensure compliance with regulations. Their goal is to minimize potential losses and protect the organization's assets and reputation by proactively managing operational risks.

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 most commonly searched types of Operational Risk jobs in Utah? The most popular types of Operational Risk jobs in Utah are:
What are popular job titles related to Operational Risk Manager jobs in Utah? For Operational Risk Manager jobs in Utah, the most frequently searched job titles are:
What cities in Utah are hiring for Operational Risk Manager jobs? Cities in Utah with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Utah as of June 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $109,887 per year, or $52.8 per hour.

Risk Director

OMC

Salt Lake City, UT

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 3 days ago


Job description

ABOUT US 
At Okland, we exist to create remarkable experiences — not just through the projects we deliver, but in the way we show up for our clients, partners, and each other every day. We believe that how we build is just as important as what we build, and our purpose is rooted in people. Whether it's a trusted partner we’ve worked with for decades or a new team member stepping onto their first jobsite, we approach every relationship with care, clarity, and commitment. 
 
We’re a commercial general contractor and construction management company with more than 1,200 team members and a track record of delivering some of the most complex and high-profile projects in the country — from semiconductor and healthcare facilities to professional sports venues and high-end hospitality. 
 
Founded in 1918 in Salt Lake City, we’ve grown steadily for over a century — now with offices in Utah, Arizona, and Idaho — and we’re entering one of the most exciting chapters in our company’s history. We’re building more than projects. We’re building careers, capabilities, and momentum for the future. And we’re looking for passionate, driven people who want to be part of it. 
 
ABOUT THIS OPPORTUNITY 
If you’re a strategic, detail-oriented risk professional who thrives on balancing financial insight with operational awareness, this role is for you. As Risk Director, you’ll lead the enterprise-wide risk management program — from insurance strategy and claims oversight to safety alignment and contract risk allocation. You’ll be a trusted advisor to Finance, Legal, and Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the business. This is a high-impact role for someone who loves building structure, shaping policy, and driving results that protect both people and performance. 
 
 
YOUR DAY-TO-DAY 
Financial Risk Management 
  • Lead procurement and administration of corporate and project-specific insurance programs (GL, Builder’s Risk, Professional Liability, Umbrella/Excess, Cyber, and OCIP/CCIP). 
  • Collaborate with Finance and Legal to ensure proper risk transfer, coverage adequacy, and contractual compliance. 
  • Oversee subcontractor and vendor Certificate of Insurance (COI) compliance and manage OCIP/CCIP enrollment. 
  • Serve as the company’s primary liaison with brokers, insurers, and third-party administrators. 
  • Evaluate and improve risk allocation across contracts to align with business objectives. 
 
Claims and Incident Management 
  • Track and manage all insurance claims (general liability, builders risk, property, auto, and workers’ compensation). 
  • Coordinate with adjusters, brokers, and insurers to ensure efficient resolution. 
  • Partner with field teams on incident documentation and claim preparation. 
  • Escalate high-value or disputed claims in partnership with Legal. 
 
Operational Risk Oversight 
  • Identify, quantify, and monitor operational risks across safety, project delivery, subcontractor performance, and financial exposure. 
  • Develop a “lessons learned” program to apply insights from claims and incidents to field operations. 
  • Partner with Safety and Operations to implement data-driven risk reduction initiatives. 
  • Lead enterprise-level emergency preparedness, business continuity, and crisis response efforts. 
 
Leadership and Strategy 
  • Establish KPIs and reporting dashboards to monitor risk trends and communicate insights to leadership. 
  • Promote a proactive, risk-aware culture through education, communication, and cross-functional collaboration. 
  • Partner with leaders to integrate risk strategy into business planning and decision-making. 
 
 
YOU’RE READY FOR THIS ROLE IF YOU HAVE 
  • A bachelor’s degree in Risk Management, Business, Construction Management, Finance, or a related field. 
  • 10+ years of progressive risk management experience within the construction or real estate development industry. 
  • Deep knowledge of insurance programs relevant to large-scale commercial construction. 
  • Proven ability to manage complex, cross-functional initiatives. 
  • Familiarity with safety regulations, claims management, and risk control practices. 
  • Professional designations such as ARM, CPCU, or CRIS. 
  • Experience implementing or managing OCIP/CCIP programs. 
  • Knowledge of construction contracts (AIA, ConsensusDocs). 
  • Experience with risk analytics or insurance management systems. 
 
 
WHAT WE OFFER 
  • Award-winning culture – consistently recognized by Best Places to Work in Arizona, Utah, and Idaho. 
  • Competitive pay – weekly paychecks, salary, bonus incentives, 401(k) with employer match. 
  • Holistic benefits – Medical, Dental, Vision, Life & Disability Insurance; paid parental leave, financial literacy resources, and an Employee Assistance Program with legal and mental health support. 
  • Perks – tenure awards including pro sports tickets, fitness memberships, travel vouchers, and paid work anniversary sabbaticals. 
  • Award-winning work – our projects are consistently honored with recognitions from AIA, ENR, AGC, and more. 
 
 
PHYSICAL ENVIRONMENT 
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
 
While performing the duties of this job, the employee is regularly required to sit, talk, and/or hear. The employee is frequently required to use hands to finger, handle or feel. The employee is occasionally required to reach with hands and arms, climb, balance, stoop, kneel, crouch, and/or crawl. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities include close vision and color vision. The employee may also be required to inspect project sites and be exposed to ongoing construction and varying weather conditions. The noise level in the work environment may range from moderate to loud. 
 
EEO STATEMENT 
Okland is an equal opportunity employer and considers all applicants for employment based on merit, competence, performance, and business needs. We do not discriminate on the basis of any status protected under federal, state, or local law. Applicants will be considered regardless of their race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status, or any other characteristic protected under federal, state, or local law. In addition to complying with all applicable laws, Okland also has a strong corporate commitment to inclusion. 
 
VISA AND SPONSORSHIP 
Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B Status, O-1, CPT, OPT, etc.). Unless specifically stated in this job posting, we are unable to sponsor or take over sponsorship of an employment visa at this time. 

About OMC

Sourced by ZipRecruiter

Industry

Investment management and consulting services

Company size

11 - 50 Employees

Headquarters location

Beverly Hills, CA, US

Year founded

2008