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Operational Risk Manager Jobs in Virginia (NOW HIRING)

The WDP focuses on operational warfighting data and aims to accelerate the deployment of artificial ... In this role, the Senior Risk Manager integrates structured risk management processes into day-to ...

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

The Risk Manager identifies, assesses, and mitigates potential threats to an organization's assets, operations, finances, and reputation by developing and implementing risk management strategies ...

... operations, subcontractors, and government stakeholders * Perform critical path analysis on a ... Maintain and manage the program risk register , facilitating risk identification, quantification ...

... operations, subcontractors, and government stakeholders * Perform critical path analysis on a ... Maintain and manage the program risk register , facilitating risk identification, quantification ...

Schedule & Risk Manager

Herndon, VA · On-site

$112K - $179K/yr

... operations, subcontractors, and government stakeholders * Perform critical path analysis on a ... Maintain and manage the program risk register , facilitating risk identification, quantification ...

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Operational Risk Manager information

See Virginia salary details

$46.6K

$119.7K

$235K

How much do operational risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for operational risk manager in Virginia is $119,670.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,900.00 and $157,600.00 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.
What are the most commonly searched types of Operational Risk jobs in Virginia? The most popular types of Operational Risk jobs in Virginia are:
What are popular job titles related to Operational Risk Manager jobs in Virginia? For Operational Risk Manager jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Virginia look for? The top searched job categories for Operational Risk Manager jobs in Virginia are:
What cities in Virginia are hiring for Operational Risk Manager jobs? Cities in Virginia with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Virginia as of June 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $119,670 per year, or $57.5 per hour.
Senior Risk Manager

Senior Risk Manager

ECS

Falls Church, VA • On-site

Full-time

Posted 13 days ago


Job description

Everforth ECS is seeking a Senior Risk Manager to work in the National Capital Region covering the Pentagon, Falls Church, and Fairfax. Please Note: This position is contingent upon contract award.
The War Data Platform (WDP) is a key initiative within the U.S. Department of War's (DoW) AI-First strategy introduced in early 2026. The WDP focuses on operational warfighting data and aims to accelerate the deployment of artificial intelligence (AI) on the battlefield. The WDP extends to Unclassified, Secret, and Top Secret environments, and supports collaboration between Combatant Commands, Joint Staff directorates, Senior Executive Service leaders, and operational analysts.
• The Senior Risk Manager serves as the program authority for continuous risk identification, assessment, mitigation, and reporting across the WDP Core Integration Task Order, ensuring that technical, programmatic, staffing, and compliance risks are proactively surfaced, tracked, and resolved before they impact mission execution, schedule performance, or Government confidence. In this role, the Senior Risk Manager integrates structured risk management processes into day-to-day program operations and executive-level reporting, sustaining a disciplined and transparent risk posture across the full Task Order lifecycle.
• Leads identification, assessment, tracking, and mitigation of program risks affecting execution, schedule performance, compliance, and operational continuity.
• Develops and documents structured risk management approaches within the Project Management Plan, defining risk identification methods, assessment criteria, escalation thresholds, mitigation strategies, and monitoring processes.
• Establishes and maintains risk registers documenting risk descriptions, potential impacts, likelihood assessments, mitigation actions, responsible parties, and status.
• Coordinates with program leadership, functional leads, and support teams to identify emerging risks related to staffing, reporting, transitions, schedules, and governance activities.
• Supports preparation of Monthly Status Reports by providing structured risk summaries, mitigation progress updates, and trend analysis supporting Government visibility and decision-making.
• Briefs overall risk posture, mitigation effectiveness, and residual risk during Quarterly Program Management Reviews.
• Tracks corrective actions and validates completion of mitigation activities aligned with approved plans.
• Maintains organized risk documentation supporting audit readiness, traceability, and transparency.
• Applies disciplined risk management practices to support predictable execution, timely corrective action, and sustained Government confidence throughout the Task Order lifecycle.
• Performs other duties as assigned.
• Current Secret security clearance with the ability to obtain and maintain a Top Secret (TS) security clearance with Sensitive Compartmented Information (SCI).
• 10 or more years of progressive experience in program risk management, program management, or a closely related discipline, with demonstrated experience leading structured risk management programs for large-scale federal or defense contracts.
• Demonstrated experience developing and maintaining formal risk management frameworks, including risk identification methodologies, likelihood and impact assessment criteria, escalation thresholds, mitigation strategy development, and residual risk monitoring processes integrated into a Program Management Plan.
• Proven ability to establish, populate, and maintain risk registers that document risk descriptions, potential mission and schedule impacts, likelihood ratings, responsible parties, mitigation actions, and current status in a format accessible to Government Program Managers and contracting oversight personnel.
• Experience coordinating risk identification activities across cross-functional program teams spanning software engineering, cybersecurity, cloud operations, customer success, and program management disciplines, including demonstrated ability to surface emerging risks related to staffing attrition, transition events, schedule dependencies, and compliance obligations.
• Demonstrated proficiency preparing risk summary content for Monthly Status Reports, including structured mitigation progress updates, trend analysis, and Government action items, in alignment with Contracting Officer Representative review cycles and PWS reporting requirements.
• Proven ability to brief risk posture, mitigation effectiveness, and residual risk assessments to senior Government leadership audiences during Quarterly Program Management Reviews, Integrated Program Reviews, and other program oversight forums.
• Experience maintaining audit-ready risk documentation, including evidence of mitigation completion, corrective action verification records, and risk register version history, in controlled repositories that support traceability and Government inspection.
• Strong problem-solving and decision-making capabilities, with a proven ability to weigh the relative costs and benefits of potential actions and identify the most appropriate solution.
• Highly developed interpersonal and oral/written communication skills, with the ability to effectively and professionally interact with a diverse set of stakeholders (from peers to end-users to executive management).