ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Boonton, NJ (NOW HIRING)

Betterment

Risk Manager

New York, NY · Hybrid

$140K - $155K/yr

The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations. As a Risk Manager, you will own a portfolio of risk processes ...

Betterment

Risk Manager

New York, NY · On-site

$140K - $155K/yr

The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations. As a Risk Manager, you will own a portfolio of risk processes ...

Jump Trading

Risk Manager | Equities

New York, NY

The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

Jump Trading

Risk Manager | Equities

New York, NY · On-site

$150K - $200K/yr

The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

previous page

Showing results 41-60

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Boonton, NJ

Operational Risk Manager information

See Boonton, NJ salary details

$48.5K

$124.7K

$244.8K

How much do operational risk manager jobs pay per year?

As of Aug 22, 2026, the average yearly pay for operational risk manager in Boonton, NJ is $124,679.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,900.00 and $164,200.00 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 cities near Boonton, NJ are hiring for Operational Risk Manager jobs?

Cities near Boonton, NJ with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Boonton, NJ as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $124,679 per year, or $59.9 per hour.

Risk Manager

Betterment

New York, NY • Hybrid

$140K - $155K/yr

Full-time

Retirement

Re-posted 16 days ago

Job description

About Betterment

Betterment is a leading, technology-driven financial services company that offers investing, savings and retirement solutions for retail investors and investment advisors as well as financial wellness solutions, including a 401(k) for small and medium-sized businesses. Our team is passionate about our mission, to empower people to build wealth with confidence and ease.  We're headquartered in NYC and offer hybrid NY-based positions (four days/ week in-office, with no required office days during the summer and winter holidays).

About the Role

This role sits on our Risk Management team - a small second line-of-defense (2LOD) function responsible for enterprise risk management (ERM) and effective challenge across operational risks such as third-party risk, fraud and identity theft, operational errors, and business continuity. The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations.

As a Risk Manager, you will own a portfolio of risk processes, perform risk assessments, and consult with management to keep our risk posture strong as the business grows. You will use AI and automation tools throughout your work to build context quickly, analyze data, and communicate risk clearly.

This role is based out of our NYC office. Below we've reflected the base salary range for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment's total compensation package for employees. 

  • New York City: $140,000-$155,000

This job may also be eligible for variable compensation in the form of a company incentive bonus. 

A Day in the Life
  • Own a portfolio of risk processes end to end, where success comes from a high degree of ownership over outcomes.
  • Proactively monitor risks related to third-party vendors.
  • Follow up on open issues to drive management attention and timely remediation.
  • Provide effective challenge feedback to product managers on new products and features.
  • Operate and monitor the results of control testing and monitoring processes.
  • Run SQL queries and reports, using AI tools for efficiency and automation.
  • Document complex business processes.
  • Provide evidence to auditors and examiners.
  • Partner across the second line and with Engineering, Security, Compliance, Legal, and Operations to assess and communicate risk in a way that earns buy-in.
What we're looking for
  • 4+ years of experience in financial services with exposure to one or more operational risk areas - for example, third-party risk, fraud, incident management, identity theft, records retention, audit fieldwork and reporting, and/or governance.
  • Intellectual curiosity and the ability to build context quickly in unfamiliar risk areas, supported by the team and by AI tools.
  • Proficiency using AI and automation tools to identify, document, and communicate risk management activities.
  • Strong, concise written and verbal communication, including the ability to deliver effective challenge while preserving partnership.
  • Good judgment in ambiguous situations with limited information, while always doing what is best for our customers.
  • Comfort working with data (e.g., SQL, spreadsheets) to test controls and support conclusions.
  • Professional certifications such as the CISA are a plus, but no license is required.
 

Apply