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Operational Risk Manager Jobs in Cream Ridge, NJ

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Operational Risk Manager information

See Cream Ridge, NJ salary details

$47.9K

$123K

$241.5K

How much do operational risk manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for operational risk manager in Cream Ridge, NJ is $122,983.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,900.00 and $162,000.00 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 cities near Cream Ridge, NJ are hiring for Operational Risk Manager jobs?

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

Infographic showing various Operational Risk Manager job openings in Cream Ridge, NJ as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $122,983 per year, or $59.1 per hour.

Senior Manager, Emerging Technology Risk

Bristol-Myers Squibb

Princeton, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago


Key responsibilities

  • Lead the design, implementation, and continuous improvement of BMS's AI governance framework.

  • Conduct structured reviews and assessments of emerging AI technologies for risk, security, and regulatory compliance before deployment.

  • Partner with stakeholders to define, implement, and test controls for AI technologies, ensuring alignment with risk and compliance requirements.


Bristol Myers Squibb rating

8.2

Company rating: 8.2 out of 10

Based on 51 frontline employees who took The Breakroom Quiz

32nd of 86 rated pharmaceutical


Job description

Working with Us Challenging. Meaningful. Life-changing.

Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department.

From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us

Position Summary: Bristol Myers Squibb is seeking a Senior Manager, Emerging Technology Risk to join our Security & IT Risk organization. This leader will own the governance, risk, and compliance (GRC) strategy for emerging and disruptive technologies with a primary emphasis on Artificial Intelligence (AI), Generative AI (GenAI), and Large Language Models (LLMs). As AI rapidly embeds itself into BMS's clinical, commercial, and operational functions, this role is critical to ensuring that AI deployments are safe, compliant, and operationally resilient.

The Senior Manager will lead BMS's Secure AI GRC program, partnering closely with business technology leaders, Legal, Privacy, Enterprise Architecture, and external advisors to operationalize AI risk frameworks, archetype-based control models, and regulatory compliance programs across a global, highly regulated pharmaceutical environment. This is a high-visibility, cross-functional leadership role that requires both deep technical GRC expertise and the executive presence to influence senior stakeholders and translate complex risk topics into clear, actionable guidance. Key Responsibilities: Lead the design, implementation, and continuous improvement of BMS's AI governance framework, including archetype-based control models covering risk classification, control objectives, implementation patterns, and acceptable evidence standards.

Conduct structured reviews of emerging AI technologies and tools being considered for enterprise adoption, evaluating each against BMS's risk appetite, security standards, and regulatory obligations before deployment approval. Lead AI risk and conformity assessments aligned to the EU AI Act, NIST AI RMF, ISO/IEC 42001, and applicable global privacy regulations (GDPR, EDPB, state-level AI laws), including risk classification for high-risk use cases across Clinical, Commercial, and R&D domains. Assess GenAI tools and LLM deployments including Claude (via AWS Bedrock), ChatGPT, and other third-party services for data privacy, contractual, and data residency implications; navigate legal and licensing constraints including third-party data ingestion restrictions and BMS-controlled vs.

SaaS deployment considerations. Partner with business, technology, Legal, and Privacy stakeholders to define and implement controls for approved AI technologies, ensuring controls are practical, embedded in workflows, and aligned to identified risks. Design and execute control testing programs for AI-specific controls, including pre-deployment validation, post-deployment effectiveness testing, and periodic re-assessment as AI capabilities and risk profiles evolve; document results, gaps, and remediation plans and track findings through to closure.

Collaborate with Cloud and security engineering to embed foundational GRC controls at the AI gateway and control plane levels prior to production deployment, incorporating model traceability, privacy-by-design, and audit trail requirements. Serve as GRC subject matter expert on BMS's Secure AI, translating complex risk assessments and control testing outcomes into executive-ready presentations, actionable guidance, and governance reporting for senior leadership. Provide practical guidance to business units on compliant AI tool usage, risk-appetite alignment, and governance requirements; serve as a trusted advisor to product and technology teams navigating the AI review and approval process.

Monitor and assess risks from next-generation AI capabilities including agentic AI, multi-modal GenAI, synthetic data pipelines, and quantum-accelerated inference Qualifications & Requirements: Education: Bachelor's degree required in Information Security, Computer Science, Risk Management, Data Science, or a related field. Experience - Required: 8+ years of progressive experience in GRC, information security, or technology risk, with at least 2-3 years directly focused on AI, emerging technology, or data governance. Demonstrated success designing and operationalizing GRC control frameworks for AI or advanced technology platforms in a large, complex enterprise.

Hands-on experience with AI governance frameworks: NIST AI RMF, EU AI Act compliance, and/or ISO/IEC 42001 or 23894. Experience assessing LLM/GenAI tools for enterprise deployment risk including prompt injection, hallucination risk, IP leakage, and training data privacy. Strong understanding of cloud-based AI deployment architectures and the data residency/privacy implications of BMS-controlled vs.

third-party SaaS environments. Proven ability to influence and communicate with senior executives and external advisors Experience - Preferred: Experience in Life Sciences, Pharma, or a highly regulated industry (FDA oversight, GxP, clinical data governance). Experience with AI gateway architecture, API security controls, and control plane governance.

Exposure to agentic AI systems, model cards, data lineage frameworks, and model lifecycle governance. Key Competencies & Skills: Technical GRC Skills: AI/ML risk assessment & model governance EU AI Act, NIST AI RMF, ISO 42001 GenAI & LLM risk (hallucination, prompt injection, IP) Cloud architecture & AI gateway controls (AWS/Azure) Data lineage, model traceability, audit readiness GRC platform tooling (ServiceNow, OneTrust) Leadership & Business Skills: Executive presence & risk communication Cross-functional stakeholder influence Program management & workstream coordination Vendor & consultant management Training & change management Certifications - Highly Valued: GARP RAI (Responsible AI) Certificate CISSP or CISA (for broader security context) If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Compensation Overview: Princeton - NJ - US: $143,230 - $173,555 The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience.

Final, individual compensation will be decided based on demonstrated experience. Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https://careers.bms.com/life-at-bms/

Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include: Health Coverage: Medical, pharmacy, dental, and vision care. Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).

Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support. Work-life benefits include: Paid Time Off US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees) Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays Based on eligibility*, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day. All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.

*Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager

Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program. Uniquely Interesting Work, Life-changing Careers With a single vision as inspiring as "Transforming patients' lives through science ", every BMS employee plays an integral role in work that goes far beyond ordinary.

Each of us is empowered to apply our individual talents and unique perspectives in a supportive culture, promoting global participation in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues. On-site Protocol BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs.

The occupancy type that you are assigned is determined by the nature and responsibilities of your role: Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture.

For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function. Supporting People with Disabilities BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer.

If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement. Candidate Rights BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/ Data Protection We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https://careers.bms.com/fraud-protection. Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations

If you believe that the job posting is missing information required by local law or incorrect in any way, please contact BMS at TAEnablement@bms.com. Please provide the Job Title and Requisition number so we can review. Communications related to your application should not be sent to this email and you will not receive a response

Inquiries related to the status of your application should be directed to Chat with Ripley. R1604097 : Senior Manager, Emerging Technology Risk


What Bristol Myers Squibb employees say

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Bristol-Myers Squibb logo

About Bristol-Myers Squibb

Sourced by ZipRecruiter

Bristol-Myers Squibb is a world-renowned global Biopharmaceutical company headquartered in New York, NY, US. Established in 1887, the company has more than 130 years’ worth of history dedicated to discovering, developing, and delivering innovative medicines that help patients prevail over serious diseases. The company operates in the healthcare industry and thrives on providing a range of pharmaceutical products and services for various medical fields, like oncology, cardiovascular diseases, and immunoscience. Notably, Bristol-Myers Squibb is known for its commitment to relentless research and innovative drug development, which has led to breakthroughs like Opdivo, one of the first immunotherapies.

Industry

Scientific research and development services and pharmaceutical and medicine manufacturing

Company size

10,000+ Employees

Headquarters location

New York, NY, US