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

Hireblazer

Senior Risk Management Specialist

Austin, TX · On-site

$97K/yr

Senior Risk Management Specialist Expected Duration: 22 Months Location: Austin, TX (Hybrid ... Skilled in coordinating interagency efforts and program reviews across diverse operational settings.

Visa

Director, VCA NA Risk Practice

Austin, TX

... management, improve decision-making, and drive business growth. This role requires deep expertise in credit risk frameworks, and data analytics, with a strong focus on innovation and operational ...

Mwe

Senior AI Risk & Advisory Manager

Austin, TX · Hybrid

$193K - $301K/yr

Shape the Firm's AI strategy at the intersection of technology and risk * Dual reporting to CIO and ... Familiarity with AI-driven cyber threats and the application of AI/ML to security operations

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Operational Risk Manager information

See Austin, TX salary details

$44.4K

$113.9K

$223.7K

How much do operational risk manager jobs pay per year?

As of Jul 22, 2026, the average yearly pay for operational risk manager in Austin, TX is $113,914.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,400.00 and $150,100.00 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.

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
Infographic showing various Operational Risk Manager job openings in Austin, TX as of July 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $113,914 per year, or $54.8 per hour.
Sr/Lead Enterprise Risk Management

Sr/Lead Enterprise Risk Management

MWResource, Inc.

Taylor, TX • On-site

$66.76 - $76.76/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 8 days ago

Job description

The Enterprise Risk Management (ERM) Analyst supports the organization's risk management program by identifying, analyzing, and quantifying risks that could impact strategic objectives. Working closely with risk owners and business units across the enterprise, the ERM Analyst provides data-driven insights and recommendations that enable informed, risk-aware decision-making at all levels of the organization.

Requirements

JOB DUTIES:
Level Senior

• Lead enterprise-wide risk identification and assessment initiatives, designing methodologies appropriate to the scope and complexity of each engagement.

• Analyze strategic, operational, financial, and reputational risks, including interdependencies and cascading effects.

• Evaluate organizational risk tolerance levels in partnership with leadership, translating concepts into actionable thresholds.

• Design and oversee sophisticated quantitative models, sensitivity analyses, and value-at-risk calculations.

• Lead scenario planning and stress testing exercises, linking risk outcomes to business performance metrics.

• Own development of senior leadership and board-level risk reporting, ensuring content is accurate, insightful, and decision-relevant.

• Act as primary ERM liaison for senior business unit leaders, providing subject matter expertise and strategic risk guidance.

• Lead cross-functional working groups for enterprise risk projects, coordinating across business units, corporate functions, and external advisors.

• Advise senior risk owners on mitigation strategy design, ensuring plans are measurable and aligned with strategic priorities.

• Contribute to the development and periodic review of enterprise risk policy and supporting procedures.

• Mentor and provide quality assurance review for other team members.

• Lead complex, multi-workstream ERM projects, managing timelines, resources, and stakeholder expectations.

Level Lead

• Lead the strategic direction and continuous evolution of the ERM program, ensuring alignment with organizational objectives and governance standards.

• Own the design and implementation of ERM frameworks, methodologies, and processes across the enterprise.

• Serve as the primary escalation point for complex, high-impact, or cross-enterprise risk issues requiring senior judgment.

• Represent ERM in executive forums and risk committee meetings

• Provide authoritative analysis on strategic risks, advising executive leadership on risk implications for organizational strategy.

• Lead integration of risk intelligence into strategic planning, capital allocation, and major investment decisions.

• Lead development and periodic review of enterprise risk policy, procedures, standards, and governance frameworks.

• Partner with legal, compliance, and internal audit to coordinate risk oversight and mitigation plans

• Build and maintain executive-level relationships, serving as a trusted advisor on risk strategy and organizational resilience.

• Provide leadership to the ERM analyst team, fostering a high-performance culture.

• Sponsor and oversee major ERM program initiatives, managing resource allocation and delivery across all workstreams.

EXPERIENCE:

• Senior: Requires minimum 5 years job related work experience in excess of degree requirements

• Lead: Requires minimum 8 years job related work experience in excess of degree requirements

EDUCATION

• Bachelor's Degree : Finance, Engineering, Economics or related field (Required)

• or a combination of education and experience that provides equivalent knowledge to a major in such fields is required

CERTIFICATION:

· PMP Project Management Professional (Preferred)

· CQRM Certified Quantitative Risk Management (Preferred)

Benefits

The base pay range for this role is $66.76 - $76.76 per Hour.

MWResource offers medical, dental and vision coverage through Florida Blue, short- and long-term disability coverage, employer paid life insurance, and participation in the MWResource 401K plan for US based consultants.
Applications accepted on a rolling basis until filled.

MWResource does not discriminate based on race, gender, color, religion, national origin, age, disability, veteran status, or anything else that makes you part of any group.

Candidates must be authorized to work in the United States.

Candidates will be required to pass a background check and drug screening.

Please note we are not open to outsourcing our recruitment needs.