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Operational Risk Manager Jobs in Albuquerque, NM

Participate in Mishap Prevention and Operational Risk Management programs. * Develop local flight operating procedures. * Serve as liaison between Government Flight Operations and contractor ...

Internally, you will guide program operations, manage budgets and performance, cultivate client relationships, hire and mentor staff, and design and implement adaptive program strategies. You'll also ...

... the operational strategy of assigned functional areas and the entire store. Maintain and uphold ... Manage work through effective organization, planning, and prioritization.

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Operational Risk Manager information

See Albuquerque, NM salary details

$45.6K

$117K

$229.7K

How much do operational risk manager jobs pay per year?

As of Jul 26, 2026, the average yearly pay for operational risk manager in Albuquerque, NM is $116,988.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,200.00 and $154,100.00 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?

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 job categories do people searching Operational Risk Manager jobs in Albuquerque, NM look for? The top searched job categories for Operational Risk Manager jobs in Albuquerque, NM are:
What cities near Albuquerque, NM are hiring for Operational Risk Manager jobs? Cities near Albuquerque, NM with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Albuquerque, NM as of July 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $116,988 per year, or $56.2 per hour.
Clinical Risk Manager

$81K - $124K/yr

Full-time

Medical, Dental, Vision, Life

Posted 5 days ago


Presbyterian Healthcare Services rating

7.0

Company rating: 7.0 out of 10

Based on 162 frontline employees who took The Breakroom Quiz

416th of 890 rated healthcare providers


Job description

Location Address:
9521 San Mateo NEAlbuquerque, NM 87113-2237
Compensation Pay Range:
Minimum Offer $81,432.00Maximum Offer $124,321.60Now Hiring: Clinical Risk Manager
Summary:
The Presbyterian Health Care Services Clinical Risk Manager supports activities to identify and reduce risk and possibility of monetary losses across the enterprise. This is done through proactive identification of potential areas of risk, responding to actual risk events, providing education to reduce areas of risk, and supporting implementation of risk reduction projects and strategies. This position provides comprehensive healthcare risk management consultation to Presbyterian Healthcare Services (PHS).Type of Opportunity: Full timeJob Exempt: YesJob is based: Reverend Hugh Cooper Administrative CenterWork Shift: Days (United States of America)
Responsibilities:
Key Job Functions
  • Enterprise risk assessment & program improvement: Evaluate risk management programs across the delivery system; identify gaps and trends; and recommend policy, workflow, and system changes to reduce exposure and improve loss control.
  • Consultation, rounding, and education: Provide on-site and virtual consultative support through site visits, coaching, education, and communication that strengthen risk identification, reporting, resolution, and evaluation processes.
  • Event response, investigation, and analysis: Respond to routine and urgent requests from leadership and Legal; direct and obtain preliminary investigative information; determine initial liability exposure; and guide mitigation actions and corrective plans.
  • Claims, complaints, and pre-litigation resolution: Investigate incidents involving actual or potential injury to patients, visitors, and employees; manage potentially compensable events and required carrier notifications; collaborate with attorneys/adjusters; and support timely pre-litigation settlements within delegated authority.
  • Regulatory, accreditation, and agency reporting: Maintain current knowledge of applicable regulatory and accreditation standards; ensure compliance with reporting requirements (including to the NM Health Care Authority and other agencies as required); and support investigations and corrective action planning.
  • Clinical documentation and medical record review: Perform detailed medical record reviews, timelines, and summaries to support claim resolution and anticipated litigation; and assist with subpoenas, board/regulatory/insurance inquiries, and policy compliance reviews.
  • Cross-functional partnership: Serve as a clinical risk management resource and educator for Legal, Compliance, Quality/Patient Safety, Patient Relations, Privacy, and operational leaders; answer emergent/urgent inquiries from clinical workforce and providers. Support Privacy investigations; and partner with Compliance investigating hotline complaints and documentation/billing concerns.
  • Committee and governance participation: Actively participate in quality and patient safety initiatives and related committees across the Presbyterian Delivery System; contribute to quarterly internal/external counsel claim reviews and reserve-setting activities.
  • Reporting and communication: Provide periodic reports to the Director, administration, and Boards regarding sentinel events, trends, and action plans; develop and deliver routine and ad hoc education on risk management and loss mitigation.
  • Special investigations (as directed by Legal): In collaboration with and at the direction of Legal:
    • Complete detailed medical record reviews, timelines, and summaries to support investigations and Legal review (e.g., potential EMTALA concerns, complex discharges, and clinical diagnosis/treatment questions).
  • Validate documentation of the patient's identified decision-maker and authority (e.g., guardianship, medical or durable power of attorney) and supporting records relevant to decision-making for incapacitated patients.
  • Support subpoenas and external inquiries by reviewing medical record documentation, staff assignments, and patient care issues for Medical/Nursing/Ancillary boards, regulatory agencies, insurers, and other investigative bodies.
  • Analyze and interpret complaints, unanticipated events, and other data related to medical staff, nursing, and ancillary personnel to support employment and/or Medical Staff Affairs reviews and investigations.
  • Provide medical record reviews and supporting content for Medical Ethics consultations; state/federal inquiries; policy compliance reviews; and evaluation of patient care outcomes.
  • Conduct investigations related to allegations of workforce to patient allegations of abuse, neglect, or exploitation.

Qualifications:
  • Bachelor's degree required. Experience in nursing or other clinical field required. Five to eight years' experience in the clinical/managerial arena with involvement in risk management activities required. Proficiency in database and other computer programs desired

Detailed Responsibilities
Competencies
  • Planning and coordinating organizational change.
  • Anticipating & Addressing Customer Needs
  • Functioning as an Effective Contingent Member
  • Acquiring & Applying Superior Skills to achieve Quality Outcomes
  • Functioning as an Effective Team Member in assisting Legal, Compliance, and Risk Management, and Patient Relations.

Skills
  • SKILL-Ability to effectively interact with customers to understand their needs and explain data
  • SKILL-Microsoft Office Suite; Claims Management platform, Press Gainey HRP platform
  • SKILL-Strong interpersonal and negotiation skills
  • SKILL - Influence change and work to outcomes to improve quality of care to members and patients
  • SKILL-Demonstrated ability to communicate effectively in person and via telephone with members, employer groups, brokers, attorneys, insurance adjusters, physicians, and physician office staff using strong dialogue and customer service competencies.
  • SKILL- Effective and persuasive written and oral communication

All benefits-eligible Presbyterian employees receive a comprehensive benefits package that includes medical, dental, vision, short-term and long-term disability, group term life insurance and other optional voluntary benefits.
Wellness
Presbyterian's Employee Wellness rewards program is designed to provide you with engaging opportunities to enhance your health and activate your well-being. Earn gift cards and more by taking an active role in our personal well-being by participating in wellness activities like wellness challenges, webinar, preventive screening and more.
Why work at Presbyterian?
As an organization, we are committed to improving the health of our communities. From hosting growers' markets to partnering with local communities, Presbyterian is taking active steps to improve the health of New Mexicans.
About Presbyterian Healthcare Services
Presbyterian exists to improve the health of patients, members, and the communities we serve. We are locally owned, not-for-profit healthcare system of nine hospitals, a statewide health plan and a growing multi-specialty medical group. Founded in New Mexico in 1908, we are the state's largest private employer with nearly 14,000 employees - including more than 1600 providers and nearly 4,700 nurses.
Our health plan serves more than 580,000 members statewide and offers Medicare Advantage, Medicaid (Centennial Care) and Commercial health plans.
AA/EOE/VET/DISABLED. PHS is a drug-free and tobacco-free employer with smoke free campuses.
We're Determined to Support New Mexico's Well-Being | Presbyterian Healthcare Services

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About Presbyterian Healthcare Services

Sourced by ZipRecruiter

Presbyterian Healthcare Services exists to improve the health of patients, members and the communities we serve. We are a locally owned, not-for-profit healthcare system of nine hospitals, a statewide health plan and a growing multi-specialty medical group. Founded in New Mexico in 1908, we are the state's largest private employer with nearly 14,000 employees - including more than 1,600 providers and nearly 4,700 nurses.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

Albuquerque, NM, US

Year founded

1908

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