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

JP Morgan Chase

Control Manager, Associate

Columbus, OH · On-site

Risk identification and assessment including ongoing monitoring of operational risk and the control environment * Control design and evaluation * Issue management * Governance and reporting including ...

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Operational Risk Manager information

See Columbus, OH salary details

$43.9K

$112.8K

$221.4K

How much do operational risk manager jobs pay per year?

As of Sep 10, 2026, the average yearly pay for operational risk manager in Columbus, OH is $112,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,700.00 and $148,600.00 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

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

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

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

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

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

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Columbus, OH as of September 2026, with employment types broken down into 84% Full Time, 13% Part Time, 2% Contract, and 1% Nights. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $112,780 per year, or $54.2 per hour.

Director, Fraud Risk Management

Columbus, OH • On-site

Sutton Bank
Commercial Banking • 51 - 200 employees
Learn more about Sutton Bankexternal

Other

Re-posted 12 days ago

Job description

Summary

Responsible for leading and maintaining the Bank's Fraud Risk Management Program. This role oversees fraud governance, fraud risk assessments, fraud risk appetite, key risk indicators (KRIs), management reporting, and partner oversight activities across the Bank's products, programs, and partner relationships. Works closely with risk, compliance, operations, BSA/AML, and other stakeholders to identify, assess, monitor, and elevate fraud risks and support the continued maturity of the Fraud Risk Management Program. The role serves as the primary owner of the Fraud Risk Management Program and related governance processes.

Qualifications Education

Bachelor's degree in Finance, Accounting, Business Administration, Risk Management, Criminal Justice, or related field. Master's Degree preferred.

Licenses/Certifications

Certified Fraud Examiner (CFE) preferred.

Experience

Minimum of 10 years of experience in fraud risk management, financial crimes, operational risk, compliance, payments risk, or related disciplines.

Essential Functions
  • Leads fraud governance routines and management reporting processes.
  • Maintains fraud-related policies, standards, and procedures.
  • Coordinates fraud risk management activities across business, risk, compliance, and third-party risk management functions.
  • Maintains fraud risk assessment methodologies and fraud typology frameworks.
  • Oversees periodic fraud risk assessments across partners, products, and programs.
  • Identifies emerging fraud risks, trends, and control weaknesses and ensure appropriate escalation and remediation.
  • Maintains fraud KRIs and supporting management information.
  • Develops and delivers fraud reporting to Executive Management and Board committees.
  • Recommends corrective actions when fraud performance exceeds established thresholds.
  • Establishes and maintains fraud risk management expectations for partners and service providers.
  • Reviews fraud performance, reporting, and control effectiveness across partner relationships.
  • Supports partner due diligence, onboarding, ongoing monitoring, and issue management activities.
  • Evaluates partner fraud capabilities, controls, tools, and monitoring practices."+
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