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Operational Risk Manager Jobs in Cypress, TX (NOW HIRING)

SouthWest Water Company

Risk Manager

Sugar Land, TX

This is why our operations are locally led and managed. Every day, over 1,300 professionals deliver ... The Risk Manager is responsible for managing the organization's corporate insurance program and ...

Southwest Water Company

Risk Manager

Sugar Land, TX · On-site

This is why our operations are locally led and managed. Every day, over 1,300 professionals deliver ... The Risk Manager is responsible for managing the organization's corporate insurance program and ...

David Weekley Homes

Risk Manager

Houston, TX · On-site

Partner with Team Leaders to identify, assess, and manage risk across land, construction, and warranty operations. * Work with claims, safety, design/quality assurance and warranty teams to identify ...

David Weekley Homes

Risk Manager

Houston, TX · On-site

Partner with Team Leaders to identify, assess, and manage risk across land, construction, and warranty operations. * Work with claims, safety, design/quality assurance and warranty teams to identify ...

David Weekley Homes

Risk Manager

Houston, TX

Partner with Team Leaders to identify, assess, and manage risk across land, construction, and warranty operations. * Work with claims, safety, design/quality assurance and warranty teams to identify ...

Deloitte

Financial Risk Manager

Houston, TX

Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

Huntington

Cybersecurity Risk Manager

Houston, TX · On-site +1

$70K - $140K/yr

Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk. * In lieu of a Bachelor's degree 4 additional years of segment-specific or risk related experience may be ...

Talen Energy

Market Risk Manager

Houston, TX · On-site

Partner with Operations, Commercial, and Finance to gather updates and validate assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

Talen Energy

Market Risk Manager

Houston, TX

Partner with Operations, Commercial, and Finance to gather updates and validate assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

Talen Energy

Market Risk Manager

Houston, TX · On-site

Partner with Operations, Commercial, and Finance to gather updates and validate assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

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Operational Risk Manager information

See Cypress, TX salary details

$40.5K

$104K

$204.1K

How much do operational risk manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for operational risk manager in Cypress, TX is $103,971.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,300.00 and $137,000.00 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 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. An Operational Risk Manager uses these pillars to develop strategies that minimize potential losses from internal processes, people, systems, or external events, often utilizing tools like risk dashboards and frameworks such as Basel II. Mastery of these pillars helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

Do risk managers make good money?

Operational Risk Managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with additional compensation such as bonuses and benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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 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 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 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Cypress, TX look for? The top searched job categories for Operational Risk Manager jobs in Cypress, TX are:
What cities near Cypress, TX are hiring for Operational Risk Manager jobs? Cities near Cypress, TX with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Cypress, TX as of June 2026, with employment types broken down into 88% Full Time, 9% Part Time, 1% Temporary, and 2% Contract. Highlights an 90% Physical, 2% Hybrid, and 8% Remote job distribution, with an average salary of $103,971 per year, or $50 per hour.

Director, Operational Risk Management

Cornerstone Capital Bank

Houston, TX • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 10 days ago

Job description

Who we are:
Cornerstone Capital Bancorp, Inc., headquartered in Houston, is a Texas-based financial services company dedicated to helping families, businesses, and communities thrive. Through its primary subsidiary, Cornerstone Capital Bank, the organization operates a community and business banking franchise alongside a premier national home lending, servicing, and home insurance platform-based financial services company dedicated to helping families, businesses, and communities thrive.
Guided by a core Mission, Vision and Convictions statement, Cornerstone operates 17 full-service banking locations across major Texas markets and more than 150 mortgage offices nationwide. The company has served nearly 700,000 customers through its family of brands, including Cornerstone Home Lending, Roscoe Bank, Peoples Bank, Cornerstone Servicing, and Cornerstone Insurance. Supported by 1,600 team members, Cornerstone is consistently recognized as a Fortune-certified Great Place to Work® and a Top Workplace.
Formed through the combination of Cornerstone Home Lending and The Roscoe State Bank, Cornerstone brings more than a century of experience and is the highest-capitalized new bank in Texas history.
Who we are looking for:
We are seeking a highly skilled Operational Risk professional to join Cornerstone Capital Bank, reporting directly to the Managing Director of Operational Risk. This role is responsible for executing and overseeing key Operational Risk programs across the organization, including Issue Management, New Products and Initiatives, and Model Risk, while ensuring compliance with regulatory requirements and adherence to sound risk management practices.
Operating under the direction of the Managing Director, this position partners closely with business units and control functions to implement risk strategies, policies, and procedures, provide day-to-day leadership of operational risk activities, and coordinate with other risk management disciplines to support a consistent, enterprise-wide risk management framework.
What you'll do:
  • Lead the development and implementation of the operational risk management framework, including policies, procedures, and controls.
  • Identify and assess operational risks across the organization, using a range of risk assessment techniques and tools.
  • Collaborate with business units and departments to develop and implement risk management processes.
  • Monitor the effectiveness of operational risk controls and identify opportunities for improvement.
  • Provide leadership and guidance to a team of operational risk professionals, including setting performance objectives, providing coaching and mentorship, and conducting performance evaluations.
  • Collaborate with other risk management functions, such as credit, market, and liquidity risk, to ensure a holistic approach to risk management.
  • Ensure compliance with regulatory requirements and industry best practices in operational risk management.
  • Participate in the development and implementation of the bank's overall risk appetite and risk management strategy.
  • Prepare and present reports and presentations on operational risk management to senior management and the board of directors.

What you'll need to be successful:
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:
  • Bachelor's degree in a relevant field, such as finance, business, or risk management. Master's degree preferred.
  • Minimum of 10 years of experience in operational risk management, preferably in the banking industry.
  • Proven experience leading the development and implementation of operational risk management frameworks and policies.
  • Strong understanding of regulatory requirements and industry best practices in operational risk management.
  • Excellent communication and interpersonal skills, with the ability to influence and persuade at all levels of the organization.
  • Strong leadership, problem-solving, and decision-making abilities.
  • Proficiency in risk assessment techniques and tools, such as risk mapping and scenario analysis.
  • Experience leading and managing a team of professionals.
  • Relevant risk management certifications preferred.

What we offer:
Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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