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Operational Risk Manager Jobs in Birmingham, AL (NOW HIRING)

Synovus

Operational Risk Mgmt. Advisor

Birmingham, AL · On-site

Leads risk management initiatives to effectively identify, assess, mitigate and monitor operational risks across the LOB and support functions. Analyzes the current business environment to detect ...

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Operational Risk Manager information

See Birmingham, AL salary details

$44K

$113.1K

$222.1K

How much do operational risk manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for operational risk manager in Birmingham, AL is $113,124.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,900.00 and $149,000.00 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.

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What job categories do people searching Operational Risk Manager jobs in Birmingham, AL look for?

The top searched job categories for Operational Risk Manager jobs in Birmingham, AL are:

What cities near Birmingham, AL are hiring for Operational Risk Manager jobs?

Cities near Birmingham, AL with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Birmingham, AL as of September 2026, with employment types broken down into 81% Full Time, 17% Part Time, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $113,124 per year, or $54.4 per hour.

Operational Risk Mgmt. Advisor

Birmingham, AL • On-site

Synovus
Finance and Insurance • 5 - 10K employees
Learn more about Synovusexternal

Full-time

Posted yesterday

New

Synovus rating

8.9

Company rating: 8.9 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

Job Summary:
Leads risk management initiatives to effectively identify, assess, mitigate and monitor operational risks across the LOB and support functions. Analyzes the current business environment to detect critical deficiencies and recommend solutions to ensure timely and effective risk mitigation efforts.
Job Duties and Responsibilities:
  • Provides input to the annual risk assessment process based on an approved risk assessment methodology.
  • Leads the business units in identifying and assessing operational risks via RCSA (Risk Control Self-Assessment) workshops. This includes identifying mitigating controls by reviewing various process documents (policies & procedures, SOX narratives, etc.).
  • Collaborates with management to determine the adequacy and effectiveness of controls and in developing action plans to remediate deficiencies and gaps identified in the internal control environment.
  • Identifies and analyzes internal controls for improvements that increase the efficiency and effectiveness of the overall control environment. This includes integrating the concepts of Key Controls and Key Risk Indicators.
  • Assists business unit management in the design, implementation and update of enhanced policies, procedures and processes to prevent non-compliance with laws, regulations and management approved policies.
  • Supports the department by providing analytics relative to the trend of operational risks across the enterprise. Provides input to the quarterly Operational Risk Reports.
  • Participates, and where appropriate, leads risk management initiatives to document risk and controls as a result of process changes, new products/services, etc. where scope may vary dependent on the line of business or support function.
  • Provides day-to-day risk support to LOB/support functions to build a culture and climate focused on the pro-active awareness of, and continuous improvement in, the operational risk environment, utilizing existing training materials and developing presentation materials where applicable.
  • Stays abreast of industry and regulatory changes and trends to determine potential impact on business services and processes.
  • Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Firm authority in a timely fashion.
  • Performs other related duties as required.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job
Pinnacle is an Equal Opportunity Employer committed to fostering an inclusive work environment.
Minimum Education: Bachelors Degree in Accounting, Finance or Business Administration or a related field or an equivalent combination of education and experience.
Minimum Experience: 10 years of experience identifying, documenting and evaluating risks and controls relating to operations, financial reporting, and compliance processes and objectives in banking or the financial services industry including relevant experience in internal/external audit, operational risk management, accounting and/or regulatory compliance, Sarbanes-Oxley compliance, or related.
Required Knowledge, Skills & Abilities:
  • May sit for long periods of time;
  • May stand for long periods of time;
  • Talk and hear regularly;
  • Climb, Bend, Kneel, Crouch, or Crawl Regularly;
  • Use of hands, ability to reach;
  • Ability to see objects up close or at a distance, use peripheral vision, identify basic colors;
  • Up to 10 pounds weight lifting/force exertion required;
  • Weight/force exertion required less than 25% of the time;
  • Travel required less than 10-15% of the time.
  • No driver's license is required.
  • Remote or hybrid office environment;

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