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Operational Risk Manager Jobs in Austin, TX (NOW HIRING)

Finastra

Enterprise Risk Manager

Austin, TX · Hybrid

Enterprise Risk Manager What will you contribute? As an Enterprise Risk Manager, you will help ... Lead enterprise-wide and targeted risk assessments to identify and evaluate strategic, operational ...

Origis Energy

Insurance Risk Manager

Austin, TX · On-site

... operation of solar and energy storage plants across the U.S. Founded in 2008, Origis Energy is ... The Insurance Risk Manager acts as internal subject matter expert and will provide solutions to ...

Amazon

Risk Manager II - AMZ10108334

Austin, TX · On-site

$78K - $129K/yr

Risk Manager II Job Location: Austin, Texas Job Number: AMZ10108334 Position Responsibilities ... Develop system requirements to streamline and simplify tools used to manage and enhance operational ...

UTIMCO

Operational Due Diligence Analyst

Austin, TX · On-site

Strong interest in investment management operations, compliance, and risk frameworks * Demonstrated analytical rigor, attention to detail, and structured problem-solving * Effective written and ...

MWResource

Sr/Lead Enterprise Risk Management

Taylor, TX · Hybrid

$66.76 - $76.76/hr

Analyze strategic, operational, financial, and reputational risks, including interdependencies and ... PMP Project Management Professional (Preferred) QRM Certified Quantitative Risk Management ...

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Operational Risk Manager information

See Austin, TX salary details

$46.6K

$119.6K

$234.9K

How much do operational risk manager jobs pay per year?

As of Jul 21, 2026, the average yearly pay for operational risk manager in Austin, TX is $119,616.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,800.00 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 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.

More about Operational Risk Manager jobs
What are popular job titles related to Operational Risk Manager jobs in Austin, TX? For Operational Risk Manager jobs in Austin, TX, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Austin, TX look for? The top searched job categories for Operational Risk Manager jobs in Austin, TX are:
What cities near Austin, TX are hiring for Operational Risk Manager jobs? Cities near Austin, TX with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you

Enterprise Risk Manager

Finastra

Austin, TX • Hybrid

Full-time

Medical, Life, Retirement, PTO

Posted 25 days ago

Job description

Who are we?


At Finastra, we're a global leader in financial services software, dedicated to expanding access to financial services and shaping what's next for the industry. Our technology powers missioncritical solutions across Lending, Payments and Universal Banking, supporting over 7,000 customers, including 80% of the world's top 50 banks, in more than 110 countries.

Enterprise Risk Manager

What will you contribute?

As an Enterprise Risk Manager, you will help strengthen Finastra's enterprise risk management capabilities by integrating advanced analytics, automation, and AI-driven insights into the risk assessment framework. You will partner closely with business leaders, technology teams, and governance functions to proactively identify, assess, monitor, and mitigate risks while enabling informed strategic decision-making across the organization.

This role is ideal for a forward-thinking risk professional who combines strong enterprise risk expertise with a passion for innovation, data-driven decision-making, and emerging technologies.

Responsibilities & Deliverables

AI-Enhanced Risk Assessment
  • Design and enhance risk assessment methodologies utilizing AI, machine learning, predictive analytics, and scenario modeling techniques.
  • Develop automated workflows, dashboards, and reporting solutions that improve risk visibility and support timely decision-making.
  • Leverage data-driven insights to identify emerging risks and trends across the organization.
Risk Identification & Evaluation
  • Lead enterprise-wide and targeted risk assessments to identify and evaluate strategic, operational, technology, financial, and compliance risks.
  • Analyze risk exposures using advanced analytics and communicate actionable insights to leadership teams.
  • Support alignment with applicable risk management frameworks and industry standards, including COSO, NIST, ISO 27001, and FFIEC.
Control Validation & Continuous Monitoring
  • Implement and enhance continuous monitoring capabilities to evaluate the effectiveness of key controls and identify risk indicators.
  • Establish automated reporting mechanisms and alerting processes for high-risk activities and emerging threats.
  • Partner with stakeholders to strengthen control environments and proactive risk mitigation efforts.
Stakeholder Partnership & Risk Advisory
  • Collaborate with business units, Technology, Cybersecurity, Compliance, Finance, and Internal Audit teams to embed risk management practices into business operations.
  • Serve as a trusted advisor to business leaders on risk trends, emerging threats, and mitigation strategies.
  • Facilitate risk discussions and support governance activities across the organization.
Innovation & Continuous Improvement
  • Champion innovative approaches to risk management through the adoption of emerging technologies and modern risk assessment techniques.
  • Evaluate new tools, methodologies, and industry best practices to enhance enterprise risk management maturity.
  • Promote a culture of risk awareness, accountability, and continuous improvement.
Required Experience & Skills
  • Demonstrated expertise in enterprise risk management, risk consulting, governance, compliance, internal audit, or related disciplines.
  • Experience utilizing data analytics, automation, or AI-enabled approaches to support risk assessment and decision-making.
  • Strong understanding of enterprise risk management principles, control frameworks, and governance practices.
  • Familiarity with industry frameworks and standards such as COSO, NIST, ISO 27001, FFIEC, or comparable frameworks.
  • Knowledge of cybersecurity, technology, and operational risk concepts.
  • Experience with predictive analytics, data visualization tools, reporting platforms, or risk intelligence solutions.
  • Ability to analyze complex information, identify key risk themes, and communicate recommendations effectively to a variety of stakeholders.
  • Strong written and verbal communication skills with the ability to influence and build relationships across all levels of the organization.
  • Demonstrated ability to manage multiple priorities in a dynamic environment while maintaining attention to detail.
  • Bachelor's degree in Risk Management, Finance, Business, Data Science, Information Systems, or a related field.
  • Professional certifications such as CRISC, CISA, CIA, CAP, or equivalent risk, audit, analytics, or technology credentials are preferred.

Hybrid role requiring 2 days per week in the Sandy Springs/Atlanta office, with flexibility to work remotely 3 days per week.

We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we stand for:

Flexibility: Enjoy unlimited vacation, subject to local regulations and business priorities. Benefit from hybrid working arrangements and inclusive policies such as paid time off for voting, bereavement, and sick leave.

Wellbeing: Access confidential onetoone support through our Employee Assistance Program, connect with our network of Wellbeing Champions and Gather Groups, and take part in monthly events and initiatives designed to help you thrive-inside and outside of work.

Health & Financial Security: Medical, life and disability insurance, retirement plans, lifestyle, and other benefits.*

Sustainability: Paid time off for volunteering and donationmatching opportunities to support causes that matter to you.

Inclusion: Get involved in our inclusion communities, such as Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, and Women@Finastra-open to everyone who wants to participate and contribute.

Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.

Recognition: Take part in our global recognition program, Finastra Celebrates, and share your voice through regular employee surveys that help shape our culture and ways of working.

*Specific benefits may vary by location.

At Finastra, each individual is unique-bringing their own ideas, perspectives, cultural backgrounds, and experiences. We learn from one another, value what makes us different, and create an environment where everyone feels included, supported, and able to be their authentic selves.

Be unique. Be exceptional. Help us make a difference at Finastra.

Applicants for this position need to be located in posted location or their immediate surrounding areas. Due to the requirements of this position, this job posting is not available for, and Finastra will not be considering any applicants who currently reside in New York City or California.

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