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Operational Risk Manager Jobs in Cleveland, OH (NOW HIRING)

Complete global security risk assessments and analysis to support flight operations. * Develop and manage budgets for security operations and ensure financial efficiency. * Ensure adherence to all ...

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Operational Risk Manager information

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$45.5K

$116.9K

$229.5K

How much do operational risk manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for operational risk manager in Cleveland, OH is $116,885.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,200.00 and $154,000.00 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.

What are the most commonly searched types of Operational Risk jobs in Cleveland, OH?

The most popular types of Operational Risk jobs in Cleveland, OH are:

What are popular job titles related to Operational Risk Manager jobs in Cleveland, OH?

For Operational Risk Manager jobs in Cleveland, OH, the most frequently searched job titles are:

What job categories do people searching Operational Risk Manager jobs in Cleveland, OH look for?

The top searched job categories for Operational Risk Manager jobs in Cleveland, OH are:

What cities near Cleveland, OH are hiring for Operational Risk Manager jobs?

Cities near Cleveland, OH with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in Cleveland, OH as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, and 3% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $117,064 per year, or $56.3 per hour.

Risk Advisory Intern - Summer 2027

Grant Thornton

Cleveland, OH • On-site

$37/hr

Full-time

Medical, Dental, Vision, Retirement

Posted 12 days ago


Grant Thornton rating

8.3

Company rating: 8.3 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

8th of 23 rated bookkeepers and accountants


Job description


Risk Advisory Interns are responsible for working on client engagements, including:
  • Assessing business and information technology processes and system internal controls.
  • Executing enterprise, operational, information technology and third-party risk management and compliance programs.
  • Executing internal audit plans, including information technology internal audits.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Understand, document, and assess various client operations, processes, systems, controls, and programs, and identify opportunities for improvement
  • Assist with conducting risk assessments to inform enterprise risk, operational risk and third-party risk management projects, programs and internal audit plans.
  • Assess transactions, processes, systems, and controls to support assessments, Sarbanes-Oxley (SOX) and other regulatory compliance, and internal audit projects.
  • Obtain and analyze data, identify trends, and visualize results using commercially available analytics solutions.
  • Leverage analytics, automation, artificial intelligence (AI), and other technology aids to advance your understanding, drive throughput on project objectives, and deliver client services efficiently and effectively.
  • Establish and maintain good working relationships with team members and clients, and work effectively with client personnel at all levels.
  • Collaborate closely with team members and clients to understand project approach, identify and manage project risks, execute assigned project responsibilities, and recommend opportunities to improve processes, internal controls, risk management, and compliance.
  • Obtain an understanding of relevant industry trends, business objectives, operations, processes, systems, etc. applicable to assigned client projects
  • Assist with business development activities including conducting research, contributing to proposals, and other activities as appropriate.
  • Participate in Firm activities such as recruiting, training, officewide activities, and more.
  • Other duties as assigned.

Why become a Risk Advisory Intern?
A Risk Advisory Intern will gain exposure to various industries, business processes, operations, systems and controls as an integral member of project delivery teams. As a Risk Advisory Intern, you will be executing high quality Risk Advisory projects and services under the supervision of experienced Risk Advisory team members. You will be responsible for efficiently managing your workload to budget and timeline.
What are we looking for in an Intern?
We are seeking self-starters and analytical thinkers who are curious, enjoy working in a collaborative, performance-driven environment, and want to help our clients solve complex problems using the latest technology and data-enabled methods.
Risk Advisory Qualifications
  • Bachelor's degree in Accounting, Finance, Information Technology, MIS or related field.
  • Desire to pursue CPA, PMP, CISA, CIA, CISSP, CAMS, CISM, or other relevant license/certification preferred.
  • Minimum overall GPA of 3.0/4.0.
  • Available to travel at least 25% as required.
  • Ability to work additional hours as needed.
  • Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. No visa sponsorship is available for this position.

Skill Requirements
  • Ability to learn, understand and work across various industries and functional areas within an organization.
  • Excellent analytical, communication (written and verbal), presentation, and interpersonal skills.
  • Strong technical aptitude, complex analysis, critical thinking, and problem-solving skills.
  • Effective project and time management skills.
  • Ability to work in a rapidly growing, fast-paced, interactive, performance-driven team environment.
  • Enthusiasm to learn through a combination of structured, on-the-job and self-directed training.
  • Ability to work efficiently and effectively independently and in a team environment.
  • Desire to pursue applicable professional license/certification as outlined above.

The pay rate for this position in the firm's Cleveland Ohio office is $37 per hour.
About Us
At Grant Thornton, we believe in making business more personal and building trust into every result - for our clients and you. Here, we go beyond your expectations of a career in professional services by offering a career path with more: more opportunity, more flexibility, and more support. It's what makes us different, and we think being different makes us better.
In the U.S., Grant Thornton delivers professional services through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services - and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services.
In 2025, Grant Thornton formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier Trans-Atlantic advisory and tax practice, as well as independent American and Irish audit practices. With $2.7 billion in revenues and more than 50 offices spanning the U.S., Ireland and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of 12,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture.
Grant Thornton is part of the Grant Thornton International Limited network, which provides access to its member firms in more than 150 global markets.
About the Team
The team you're about to join is ready to help you thrive. Here's how:
• Whether it's your work location, weekly schedule, or flex time off, we empower you with the options to work the way that it best serves your clients and your life. Consistent with the firm's hybrid work model, this position will require in-person attendance at least three days per week, either at a GT office or client site.
• Here, you are supported to prioritize your overall well-being through work-life integration options that work best for you and those in your household.
• We understand that your needs, responsibilities and experiences are different - and we think that's a good thing. That's why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. See how at www.gt.com/careers
• When it comes to inclusion, we are committed to doing more than checking boxes. Explore all the ways we're taking action for diversity, equity & inclusion at www.gt.com/careers
Here's what you can expect next:
If you apply and are selected to interview, a Grant Thornton team member will reach out to you to schedule a time to connect. We encourage you to also check out other roles that may be a good fit for you or get to know us a little bit better at www.gt.com/careers.
Benefits:
We understand that your needs, responsibilities and experiences are different, and we think that's a good thing. That's why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. For an overview of our benefit offerings, please visit: https://www.grantthornton.com/careers/rewards-and-benefits
  • Benefits for internship positions: Grant Thornton interns are eligible to participate in the firm's medical, dental and vision insurance programs and the firm's employee assistance program. Interns also receive a minimum of 72 hours of paid sick leave, and are paid for firm holidays that fall within their internship period.
  • Benefits for seasonal employee positions: Grant Thornton seasonal employees are eligible to participate in the firm's medical, dental and vision insurance programs and the firm's employee assistance program. Seasonal employees may also be eligible to participate in the firm's 401(k) savings plan and employee retirement plan in accordance with applicable plan terms and eligibility requirements. Seasonal employees receive a minimum of 72 hours of paid sick leave.

Grant Thornton employees may be eligible for a discretionary, annual bonus based on individual and firm performance, subject to the terms, conditions and eligibility criteria of the applicable bonus plan or program. Interns and seasonal employees are not eligible for bonus compensation.
Additional Details:
It is the policy of Grant Thornton to promote equal employment opportunities. All personnel decisions (including, but not limited to, recruiting, hiring, training, working conditions, promotion, transfer, compensation, benefits, evaluations, and termination) are made without regard to race, color, religion, national origin, sex, age, marital or civil union status, pregnancy or pregnancy-related condition, sexual orientation, gender identity or expression, citizenship status, veteran status, disability, handicap, genetic predisposition or any other characteristic protected by applicable federal, state, or local law.
Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is the policy of Grant Thornton LLP to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. To make an accommodation request, please contact HRHelp@us.gt.com.
For Los Angeles Applicants only: We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
For Massachusetts Applicants only: It is unlawful in Massachusetts to require or administer a lie detector test as condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Gran Thornton does not require or administer lie detector tests as a condition of employments or continued employment.

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About Grant Thornton

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At Grant Thornton, we believe in making business more personal and building trust into every result - for our clients and you. Here, we go beyond your expectations of a career in professional services by offering a career path with more: more opportunity, more flexibility, and more support. It's what makes us different, and we think being different makes us better.

Industry

Accounting services

Company size

5,001 - 10,000 Employees

Headquarters location

Chicago, IL, US

Year founded

1924