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

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

RPM Living

Insurance and Risk Analyst

Austin, TX

Legal, Risk, and Insurance supports the advancement of RPM's business objectives by strategically ... Partner with the Insurance Manager and operational teams to support growth, participation ...

RPM Living

Insurance and Risk Analyst

Austin, TX

Legal, Risk, and Insurance supports the advancement of RPM's business objectives by strategically ... Partner with the Insurance Manager and operational teams to support growth, participation ...

RPM Living

Insurance and Risk Analyst

Austin, TX

Legal, Risk, and Insurance supports the advancement of RPM's business objectives by strategically ... Partner with the Insurance Manager and operational teams to support growth, participation ...

RPM Living

Insurance and Risk Analyst

Austin, TX

The position also supports broader Risk Management and Legal department initiatives through reporting, coordination, and cross-functional collaboration. • Analyze insurance, operational, portfolio ...

RPM Living

Insurance and Risk Analyst

Austin, TX · On-site

... Manager and operational teams to support growth, participation, retention, and overall performance of the company's master insurance program (MIP). • Oversee the collection, tracking, and ...

Kestra Holdings

Compliance - Risk Officer

Austin, TX · On-site

Key responsibilities include ensuring that risk management practices are effectively integrated throughout the operations of the Bluespring Wealth firms and serving as a subject matter expert on risk ...

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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 May 31, 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 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 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 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 the most commonly searched types of Operational Risk jobs in Austin, TX? The most popular types of Operational Risk jobs in Austin, TX are:
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 May 2026, with employment types broken down into 3% As Needed, 83% Full Time, 9% Part Time, 1% Temporary, and 4% Contract. Highlights an 68% Physical, 6% Hybrid, and 26% Remote job distribution, with an average salary of $119,616 per year, or $57.5 per hour.

Senior AI Risk & Advisory Manager

Mwe

Austin, TX • Hybrid

$193K - $301K/yr

Full-time

Posted 22 days ago

Job description

Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,700+ lawyers and 1,400 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work.

At McDermott, we don't just invest in your future, we accelerate your career - wherever it may lead. That includes supporting you both in and outside of the office.

With us, you'll find:

  • A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity - we encourage you to be yourself!

  • Enthusiasm for all perspectives: We're smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.

  • Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That's why our benefits program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.

  • Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence.

Job Description:

McDermott, Will & Schulte LLP is embedding Artificial Intelligence across core workflows, vendor platforms, and client-facing services. As adoption accelerates-including agentic AI systems that can independently access and act on data-the Firm needs dedicated expertise to ensure leadership has clear visibility into how these technologies function and what implications they carry.

WHY MWS

  • Shape the Firm's AI strategy at the intersection of technology and risk

  • Dual reporting to CIO and General Counsel-uniquely positioned for impact

  • Security and innovation treated as mutually reinforcing priorities

  • Define a new function at the frontier of enterprise AI governance

WHAT YOU'LL DO

  • Serve as subject matter expert on AI technologies, including large language models and emerging AI systems

  • Adviseleadership on technical implications of AI initiatives and translate AI architecture into business and legal risk considerations

  • Evaluate proposed AI use cases and tools across the Firm

  • Identifyand assess risks related to data privacy, intellectual property, bias and fairness, hallucination and reliability, and security vulnerabilities

  • Recommend controls, guardrails, and oversight mechanisms-with particular attention to agentic AI systems that may access data subject to regulatory or ethical requirements

  • Assess and advise on AI-driven threats, including AI-enhanced social engineering and automated attack techniques

  • Identifyopportunities toleverageAI to improve threat detection, incident response, and defensive operations

TECHNOLOGIES

LLMs Generative AI Agentic Systems

NIST AI RMF ISO 42001 EU AI Act

AI Security Privacy Frameworks

Threat Detection Security Operations

WHAT YOU BRING

  • 10+ yearsof experience in technology, security, risk, or related fields

  • Deep understandingof AI/ML systems, particularly LLMs and generative AI

  • Ability to explain complex technical systems to non-technical executives

  • Strong judgmentand risk assessment capability

  • Experience working cross-functionally with IT and Legal

  • Familiarity with AI security, privacy, and regulatory considerations

Preferred

  • Background in ML engineering, data science, cybersecurity, or AI architecture

  • Familiarity with AI-driven cyber threats and the application of AI/ML to security operations

  • Experience with AI governance frameworks and regulatory compliance

Successful candidates will be provided with outstanding career opportunities and will receive a competitive total rewards package with the opportunity to earn performance-based bonuses.
Target Hiring Range $193,000 - $301,000
Please note that quoted salary ranges are not guarantees of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, experience, and geographic location. Base pay is only one part of the Total Rewards that MWE provides to compensate and recognize our staff professionals for their work. Full time positions are eligible for a discretionary bonus and a comprehensive benefits package.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

#LI-JL1

#LI-Hybrid

Physical Demands and Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

  • While performing the duties of this job, the employee is required to sit, use hands, reach with hands and arms, stoop, talk and hear

  • Employee must occasionally lift up to twenty (20) pounds

Work Environment:

Typical indoor office environment

Disclaimer:

The above statements are intended to describe the general nature and level of the work being performed by people within this classification. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of employees assigned to this job.

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