Manages multiple teams and influences risk strategy across business units, driving operational excellence and enterprise risk management maturity. More specifically, this role will help build a ...
Manages multiple teams and influences risk strategy across business units, driving operational excellence and enterprise risk management maturity. More specifically, this role will help build a ...
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 ...
Quick apply
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 ...
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 ...
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 ...
We areseeking an experienced businessleadto join our Divisional Risk Management team as the Operational Risk - Exams and Audit Business Lead. In this pivotal role, you will oversee operational risk ...
We areseeking an experienced businessleadto join our Divisional Risk Management team as the Operational Risk - Exams and Audit Business Lead. In this pivotal role, you will oversee operational risk ...
Enterprise Risk Management, Operational Risk Management, Finance, Legal, Model Development, and others to achieve our risk measurement agenda * Strategic & analytic orientation: A proven track record ...
Enterprise Risk Management, Operational Risk Management, Finance, Legal, Model Development, and others to achieve our risk measurement agenda * Strategic & analytic orientation: A proven track record ...
Enterprise Risk Management, Operational Risk Management, Finance, Legal, Model Development, and others to achieve our risk measurement agenda * Strategic & analytic orientation: A proven track record ...
Enterprise Risk Management, Operational Risk Management, Finance, Legal, Model Development, and others to achieve our risk measurement agenda * Strategic & analytic orientation: A proven track record ...
Principal Risk Manager
Mclean, VA · On-site
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
Mclean, VA · On-site
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.
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.
Operational Risk Analyst -Security Governance & Risk Issues Management Location: Merrifield VA ... Work within the Logic Manager (GRC) platform * Support metrics and reporting focused on issues and ...
Operational Risk Analyst -Security Governance & Risk Issues Management Location: Merrifield VA ... Work within the Logic Manager (GRC) platform * Support metrics and reporting focused on issues and ...
Principal Risk Manager
Mclean, VA · On-site
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
Mclean, VA · On-site
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.
As part of Operational Risk Management (ORM), you'll work with talented associates to provide oversight and effective challenge to ensure that our business partners are adequately managing risk when ...
As part of Operational Risk Management (ORM), you'll work with talented associates to provide oversight and effective challenge to ensure that our business partners are adequately managing risk when ...
As part of Operational Risk Management (ORM), you'll work with talented associates to provide oversight and effective challenge to ensure that our business partners are adequately managing risk when ...
As part of Operational Risk Management (ORM), you'll work with talented associates to provide oversight and effective challenge to ensure that our business partners are adequately managing risk when ...
The Risk Manager reports directly to the Director, Risk Management and Insurance Operations. Responsibilities and Duties * Provides risk management services to UVA Community Health facilities, team ...
The Risk Manager reports directly to the Director, Risk Management and Insurance Operations. Responsibilities and Duties * Provides risk management services to UVA Community Health facilities, team ...
Risk Manager
Manassas, VA · On-site
The Risk Manager reports directly to the Director, Risk Management and Insurance Operations. Responsibilities and Duties * Provides risk management services to UVA Community Health facilities, team ...
Risk Manager
Manassas, VA · On-site
The Risk Manager reports directly to the Director, Risk Management and Insurance Operations. Responsibilities and Duties * Provides risk management services to UVA Community Health facilities, team ...
We are seeking an experienced business lead to join our Divisional Risk Management team as the Operational Risk - Exams and Audit Business Lead. In this pivotal role, you will oversee operational ...
We are seeking an experienced business lead to join our Divisional Risk Management team as the Operational Risk - Exams and Audit Business Lead. In this pivotal role, you will oversee operational ...
Risk Manager
$155K - $165K/yr
... operations. * Develop guidance, templates, other tools, and advice to the program offices to ... Provide risk management and information security continuous monitoring program implementation ...
Quick apply
Risk Manager
$155K - $165K/yr
... 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
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.
Risk Manager
Riverdale, MD · On-site
$115K - $125K/yr
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.
Risk Manager
Rockville, MD · On-site
... 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
Rockville, MD · On-site
... 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 ...
... operations. * Develop guidance, templates, other tools, and advice to the program offices to ... Provide risk management and information security continuous monitoring program implementation ...
Operational Risk Manager information
See Washington salary details
$53.2K - $72.8K
5% of jobs
$84.6K is the 25th percentile. Wages below this are outliers.
$72.8K - $92.4K
33% of jobs
The median wage is $109.7K / yr.
$92.4K - $111.9K
14% of jobs
$111.9K - $131.5K
14% of jobs
$131.5K - $151K
5% of jobs
$164.9K is the 75th percentile. Wages above this are outliers.
$151K - $170.6K
6% of jobs
$170.6K - $190.2K
7% of jobs
$190.2K - $209.7K
5% of jobs
$209.7K - $229.3K
2% of jobs
$229.3K - $248.9K
8% of jobs
$248.9K - $268.4K
0% of jobs
$53.2K
$136.7K
$268.4K
How much do operational risk manager jobs pay per year?
As of Jul 11, 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 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?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze 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 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:
Other
Posted 9 days ago
Navy Federal Credit Union rating
8.1
Based on 272 frontline employees who took The Breakroom Quiz
60th of 148 rated financial services
Job description
Overview
Leads and oversees the second line of defense (2LOD) operational risk management functions for both Fraud and Payments risk, providing direction and leadership in identifying, analyzing, and mitigating operational risks. Develops and implements risk policies, frameworks, and governance structures to enhance risk resilience. Leads cross-functional risk initiatives and collaborates with senior executives to drive a culture of risk awareness. Serves as a key advisor on risk-related matters and ensures compliance with regulatory standards. Manages multiple teams and influences risk strategy across business units, driving operational excellence and enterprise risk management maturity.
More specifically, this role will help build a second line of defense oversight for the Fraud and Payments risk management programs within Navy Federal. The Director will establish and maintain an enterprise fraud and payments risk governance framework, independently challenge first-line fraud prevention and detection activities, and ensure adherence to regulatory expectations such as those from the FFIEC, CFPB, NCUA, and other supervisory bodies. Responsibilities include developing fraud and payments risk appetite statements, performing ongoing risk assessments, conducting thematic reviews, and driving governance routines that enhance transparency and accountability for both programs. The role ensures that fraud risks across payments, digital channels, identity, internal fraud, scams, and emerging threat vectors are effectively identified, monitored, and escalated. Additionally, the Director partners with enterprise fraud operations, compliance, cybersecurity, and technology teams to strengthen controls, enhance data-driven insights, and support the development of sustainable, well-governed fraud mitigation strategies. The Director will also partner with the Payments team to identify, assess, monitor and report on related risks and controls.
Responsibilities
Qualifications
Desired Qualifications
Additional Information
Hours:
Location:
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
FORTUNE 100 Best Companies to Work For 2026
Yello and WayUp Top 100 Internship Programs 2025
Computerworld Best Places to Work in IT 2026
Most Loved Workplace - America's Top Most Loved Workplaces 2025
2025 PEOPLE Companies That Care
Newsweek Most Trustworthy Companies in America 2026
Military Times 2025 Best for Vets Employers
Forbes 2026 America's Best Large Employers
Forbes 2025 America's Best Employers for New Grads
Forbes 2025 America's Best Employers for Tech Workers
2025 RippleMatch Campus Forward Award Winner for Overall Excellence
Military.com Top Military Spouse Employers 2025
2026 Handshake Early Talent Award
Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026
From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at or by calling 1-. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Leads and oversees the second line of defense (2LOD) operational risk management functions for both Fraud and Payments risk, providing direction and leadership in identifying, analyzing, and mitigating operational risks. Develops and implements risk policies, frameworks, and governance structures to enhance risk resilience. Leads cross-functional risk initiatives and collaborates with senior executives to drive a culture of risk awareness. Serves as a key advisor on risk-related matters and ensures compliance with regulatory standards. Manages multiple teams and influences risk strategy across business units, driving operational excellence and enterprise risk management maturity.
More specifically, this role will help build a second line of defense oversight for the Fraud and Payments risk management programs within Navy Federal. The Director will establish and maintain an enterprise fraud and payments risk governance framework, independently challenge first-line fraud prevention and detection activities, and ensure adherence to regulatory expectations such as those from the FFIEC, CFPB, NCUA, and other supervisory bodies. Responsibilities include developing fraud and payments risk appetite statements, performing ongoing risk assessments, conducting thematic reviews, and driving governance routines that enhance transparency and accountability for both programs. The role ensures that fraud risks across payments, digital channels, identity, internal fraud, scams, and emerging threat vectors are effectively identified, monitored, and escalated. Additionally, the Director partners with enterprise fraud operations, compliance, cybersecurity, and technology teams to strengthen controls, enhance data-driven insights, and support the development of sustainable, well-governed fraud mitigation strategies. The Director will also partner with the Payments team to identify, assess, monitor and report on related risks and controls.
Responsibilities
- Develop and execute enterprise-wide Fraud and Payments risk management strategy, ensuring a proactive and comprehensive approach to operational risk governance.
- Lead risk advisory services, guiding leadership on risk trends, emerging threats, and strategic mitigation efforts.
- Oversee risk assessment and control testing initiatives across business units, ensuring compliance with evolving regulatory requirements.
- Develop and refine enterprise-wide Key Risk Indicators (KRIs), integrating risk analytics to drive informed decision-making.
- Lead cross-functional risk governance efforts, fostering collaboration between risk management, compliance, audit, and business leaders.
- Oversee the development and implementation of risk management frameworks, policies, and best practices, ensuring alignment with industry standards and regulatory expectations.
- Oversee the development and execution of both Fraud and Payments Risk Policies, Instructions, and Standards, ensuring enterprise-wide compliance and operational excellence.
Qualifications
- Bachelor's Degree in Liberal Arts, Business Administration, Auditing, Technology / Engineering, Management, or other related fields, or equivalent combination of education and experience
- 10+ years of experience in operational risk, governance, or financial services risk management
- 5+ years of leadership experience, managing high-performing risk teams.
- Expert experience in 2LOD Fraud Risk Management and/or Payments Risk Management risk strategy and management
- Expertise in developing, enhancing, and implementing Fraud and/or Payments risk frameworks and methodologies
- Expert guidance on regulatory compliance, industry standards, and risk mitigation frameworks
- Leads high-impact risk initiatives and regulatory engagements
- Extensive expertise in risk analytics, reporting, and performance measurement
- Extensive expertise in leading and developing risk management teams at scale
- Exceptional communication, negotiation, and stakeholder management skills
- Extensive track record of implementing enterprise risk programs and engaging with senior executives
- Experience in Financial Services, First, Second (ERM, ORM), and/or Third Line Risk Management, or Consulting experience
Desired Qualifications
- Master's Degree in a related field
Additional Information
Hours:
- Monday - Friday, 8:00AM - 4:30PM
Location:
- 820 Follin Lane, Vienna, VA 22180
- 5510 Heritage Oaks Drive, Pensacola, FL 32526
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
FORTUNE 100 Best Companies to Work For 2026
Yello and WayUp Top 100 Internship Programs 2025
Computerworld Best Places to Work in IT 2026
Most Loved Workplace - America's Top Most Loved Workplaces 2025
2025 PEOPLE Companies That Care
Newsweek Most Trustworthy Companies in America 2026
Military Times 2025 Best for Vets Employers
Forbes 2026 America's Best Large Employers
Forbes 2025 America's Best Employers for New Grads
Forbes 2025 America's Best Employers for Tech Workers
2025 RippleMatch Campus Forward Award Winner for Overall Excellence
Military.com Top Military Spouse Employers 2025
2026 Handshake Early Talent Award
Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026
From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at or by calling 1-. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
What Navy Federal Credit Union employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Navy Federal Credit Union
Sourced by ZipRecruiter
Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Vienna, VA, US
Year founded
1933