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Operational Risk Manager Jobs in Cromwell, CT (NOW HIRING)

Trinity Health

Clinical Risk Manager

Hartford, CT · On-site

The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Trinity Health

Clinical Risk Manager

Hartford, CT · On-site

The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Trinityhealth

Clinical Risk Manager

Hartford, CT · On-site

The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Munich Re

Enterprise Risk Lead

Hartford, CT · On-site +1

Bachelor's degree in Business, Risk Management, Finance, Operations, Information Systems, or a related field (or equivalent experience). * 10+ years of experience leading increasingly complex ...

Munich RE

Enterprise Risk Lead

Hartford, CT · On-site +1

Bachelor's degree in Business, Risk Management, Finance, Operations, Information Systems, or a related field (or equivalent experience). * 10+ years of experience leading increasingly complex ...

Ascend Bank

Senior Operations Officer

Wallingford, CT · On-site

... operational risk mitigation, process improvement, and change management. Strong data fluency with the ability to define KPIs/KRIs, interpret trends, and translate insights into risk-reducing action.

Northwest Community Bank

RISK ANALYST

Canton, CT · On-site

... Management (ERM) program. The role will help identify, assess, and monitor risks across the organization that could impact financial performance, operations, and strategic initiatives. The Risk ...

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Operational Risk Manager information

See Cromwell, CT salary details

$47.6K

$122.2K

$240K

How much do operational risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk manager in Cromwell, CT is $122,246.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,400.00 and $161,000.00 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.

More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Cromwell, CT look for? The top searched job categories for Operational Risk Manager jobs in Cromwell, CT are:
What cities near Cromwell, CT are hiring for Operational Risk Manager jobs? Cities near Cromwell, CT with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Clinical Risk Manager

Clinical Risk Manager

Trinity Health

Hartford, CT • On-site

Full-time

Posted 24 days ago

Trinity Health rating

6.5

Company rating: 6.5 out of 10

Based on 348 frontline employees who took The Breakroom Quiz

593rd of 864 rated healthcare providers

Job description

Employment Type:Full timeShift:Day ShiftDescription:On Site position requires RN License

Position Purpose

The Risk Manager is responsible for overseeing and administering the facility's risk management program across both inpatient and outpatient settings. This role supports a culture of safety and quality by leading risk identification, investigation, and mitigation activities while ensuring compliance with Joint Commission standards and applicable state and federal regulations. The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk Management Team to promote patient safety, minimize loss, and protect the organization's assets.

What You Will Do
  • Administer the facility's risk management program on a day-to-day basis.
  • Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and medical record reviews.
  • Conduct and/or coordinate Root Cause Analyses (RCAs), safety event reviews, and investigations; develop and implement corrective action plans to prevent recurrence.
  • Participate in daily safety huddles and recurring safety and risk management meetings.
  • Maintain and analyze risk management data, statistics, and files in compliance with Joint Commission, state, and federal requirements while promoting maximum confidentiality.
  • Verify the accuracy, availability, and security of key documentation including medical records, billing records, policies and procedures, incident reports, and medical examiner reports.
  • Inform leaders of occurrences, findings, trends, and risk management recommendations; provide feedback to directors and department leaders to support risk reduction efforts.
  • Assist clinical chairs and department heads in designing and implementing effective risk management programs.
  • Work closely with legal counsel to coordinate investigations, manage claims against the facility, and interface with defense counsel as needed.
  • Maintain general knowledge of facility insurance programs and collaborate with the Risk Management Team on insurance-related matters.
  • Proactively analyze patient safety concerns and medical error trends to reduce organizational and financial risk.
Minimum Qualifications
  • Bachelor's degree in Nursing, Healthcare Administration, or a related field (required)
  • Master's degree in Nursing, Healthcare, or a related field (preferred)
  • Connecticut RN license (preferred)
  • Experience in medical risk management, insurance, and/or legal matters in a hospital-based environment (desirable)
  • Clinical background and management/leadership experience (preferred)
  • Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint Commission standards, and FDA and OSHA regulations
  • Excellent interpersonal, communication, relationship management, conflict negotiation, and problem-solving skills
Position Highlights & Benefits
  • Full-time, day-shift schedule (Monday-Friday)
  • Competitive compensation
  • Excellent benefits starting on Day 1
About Saint Francis Hospital

Saint Francis Hospital is committed to exceeding the expectations of our patients and families by delivering world-class service in a progressive, people-centered, and compassionate healthcare environment. Licensed for 617 beds and 65 bassinets, Saint Francis is a major teaching hospital and the largest Catholic hospital in New England

Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.

What Trinity Health employees say

Pay

Benefits

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Workplace

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About Trinity Health

Sourced by ZipRecruiter

Trinity Health Ann Arbor is a 537 -bed teaching hospital located on 340 acre campus. Recognized by IBM Watson as a Top 100 Hospital and #1 Teaching Hospital, Trinity Health Ann Arbor has been a leading health care provider for more than 100 years. Trinity Health has received numerous local and national awards in recognition of our leadership, quality outcomes, and clinical excellence.

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Livonia, MI, US

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