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Operational Risk Manager Jobs in Washington (NOW HIRING)

Principal Risk Manager The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Principal Risk Manager The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

... operations. * Develop guidance, templates, other tools, and advice to the program offices to ... Provide risk management and information security continuous monitoring program implementation ...

... operations. * Develop guidance, templates, other tools, and advice to the program offices to ... Provide risk management and information security continuous monitoring program implementation ...

... operations. * Develop guidance, templates, other tools, and advice to the program offices to ... Provide risk management and information security continuous monitoring program implementation ...

... operations. * Develop guidance, templates, other tools, and advice to the program offices to ... Provide risk management and information security continuous monitoring program implementation ...

Risk Manager

Riverdale, MD · On-site

$115K - $125K/yr

Overview The Risk Manager is responsible for leading the project's risk management program and ... Identify operational, contractual, insurance, and safety-related risks affecting the project.

The Risk Manager is responsible for leading the project's risk management program and ensuring that ... Identify operational, contractual, insurance, and safety-related risks affecting the project.

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Operational Risk Manager information

See Washington salary details

$53.2K

$136.7K

$268.4K

How much do operational risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for operational risk manager in Washington is $136,711.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,200.00 and $180,100.00 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 Washington? The most popular types of Operational Risk jobs in Washington are:
What are popular job titles related to Operational Risk Manager jobs in Washington? For Operational Risk Manager jobs in Washington, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Washington look for? The top searched job categories for Operational Risk Manager jobs in Washington are:
What cities in Washington are hiring for Operational Risk Manager jobs? Cities in Washington with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Washington as of June 2026, with employment types broken down into 92% Full Time, 7% Part Time, and 1% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $136,711 per year, or $65.7 per hour.

AVP, Enterprise and Operational Risk Management

SECU Credit Union

Linthicum, MD • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago


Job description

The AVP, Enterprise and Operational Risk Management will need to come into our Linthicum, Maryland headquarters 1-2 days per week.
Who we are:
At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.
Every employee at SECU contributes to our member's financial well-being, and we'll always do what's right for our members, employees, and communities.
Feel good about what you do. Belong to a place where you matter and can make a difference.
What you will do:
The Assistant Vice President (AVP), Enterprise and Operational Risk Management (EORM) will support the VP, EORM with the daily operation and administration of the SECU enterprise risk management program. This includes responsibilities for key operational risk functions such as Business Continuity, Third-Party Risk Management, and Corporate Insurance. This position, through specialized knowledge and skill, provides support to the organization on all matters relating to EORM policies, procedures, processes, and reporting.
The AVP adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending, and Information Security.
A day in your life might include:
Enterprise Risk Management Program
• Identifies key emerging risks, assesses their potential impact on SECU, and discusses risk mitigation with appropriate business units.
• Ensures that SECU's various planning processes consider the risks of key products, processes, and strategies.
• Develops and maintains organizational EORM playbooks, policies, procedures, process-flows and reference material to ensure all processes are documented, organized, and scaled to current and future state.
• Develops comprehensive risk analytics, reporting, and presentations for all EORM program areas, including risk appetite metrics development.
• Coordinates and facilitates training to all levels of the organization on the EORM program, ensures program documentation is accurate and up to date.
• Supports remediation efforts of audit, exam, compliance, and issues management findings.
Business Continuity Program
• Evaluates and recommends various business continuity strategies, plans, and programs.
• Identifies key emerging risks, assesses their potential impact on SECU, and discusses risk mitigation with appropriate business units.
• Ensures that SECU's various business continuity planning processes consider the risks of key products, processes, and strategies.
• Coordinates and facilitates business continuity meetings and tabletop exercises.
• Presents tabletop exercise and risk assessment results to senior leadership.
• Leads updates to business continuity risk assessments.
• Coordinates and facilitates annual training, program reviews and ensures program documentation is accurate and up to date.
Third-Party Risk Management
• Develop and maintain a comprehensive Third-Party Risk Management (TPRM) framework.
• Ensure third-party compliance with legal, regulatory, and internal policy requirements.
• Establish governance models, policies, and procedures for vendor oversight.
• Provides support to initial and ongoing vendor due diligence reviews, documents collection/retention and risk rating of vendors.
• Implement and monitor controls and testing programs to validate vendor compliance and performance, drive continuous improvement.
• Identify and mitigate third-party risks, establish enhanced oversight for critical and high-risk vendors.
• Lead Third-Party Risk Management Reporting.
Corporate Insurance
• Establish and maintain a framework to manage and evaluate corporate insurance programs.
• Oversee end-to-end insurance claims management, serving a central liaison between insurers, brokers and SECU.
• Lead all aspects of annual corporate insurance renewal cycles.
• Assess emerging risks and coverage needs, monitor and evaluate performance and recommendations to risk transfer strategies.
Additional Responsibilities may include:
• Interact and support CUSO partners and credit union partners
• Serves on various projects and performs other duties as assigned
Education Requirements
• Bachelor's degree required.
• Advanced Degree in Business Administration, Banking, Finance, and/or Law preferred.
Experience and Business Acumen Requirements
• 6-9 years' experience in governance, risk, or compliance roles in a financial institution or regulatory oversight, bank examiner roles within a regulatory agency.
• Experience with risk analytics and reporting platforms preferred, developing and running reports, incorporating them into dashboards and executive-level reporting.
• Must have seasoned experience with Microsoft programs including Word, Excel, Powerpoint, and Outlook.
• Must be experienced in financial institution risk management practices, preferably in a credit union.
• Prioritizes tasks effectively to support team goals and organizational timelines.
• Applies critical thinking to troubleshoot issues and escalate concerns when appropriate.
• Understands the importance of confidentiality, compliance, and ethical behavior in daily responsibilities.
• Takes personal responsibility for decisions, actions, failures and overall deliverable.
• Utilizes oral and written communication to enhance relationships across the organization.
• Clearly communicates information, thoughts and ideas in a clear, concise and organized manner.
• Relates comfortably with people across levels, functions, culture, and geography.
• Possesses a clear understanding of strengths, limitations, emotions, beliefs, and motivations of self and others.
• Maintains composure and effectiveness when experiencing major changes in work tasks or the work environment.
• Adjusts effectively to work within new work structures, processes, requirements, or cultures.
• Maintains professionalism in communication, behavior, and representation of SECU.
• Demonstrates an understanding of SECU's culture, core values, mission and strategic priorities as it relates to one's work and overall performance.
Physical Requirements
• Must be able to remain in a stationary position, often standing or sitting for prolonged periods
• Must be able to lift up to 25 pounds
Compensation Information: Offers will be commensurate with experience and education.
• Salary: Min. $142,000- Max. $200,000
Other Compensation Includes:
• Annual corporate-wide incentive
We provide comprehensive benefits, with a focus on total well-being:
• Medical, vision, dental benefits
• 401k plan with company matching
• Generous sick, vacation and personal leave
• And more...2026 SECU Benefits Guide
SECU is committed to fostering a diverse, equitable, and inclusive workforce where all individuals are valued and respected. We take pride in providing equal opportunities for all qualified applicants regardless of race, ethnicity, national origin, gender, sexual orientation, gender identity or expression, religion, military or veteran status, or any other characteristics protected by law.