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

Reporting to the JBPCO Claims Manager, the Claims Manager will be responsible for driving optimum claims outcomes, supporting operational goals and business objectives and providing customer service ...

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Operational Risk Manager information

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$40.5K

$104K

$204.1K

How much do operational risk manager jobs pay per year?

As of Sep 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 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 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:

Infographic showing various Operational Risk Manager job openings in Cypress, TX as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $103,971 per year, or $50 per hour.

Merchant Acquiring Risk & Governance Manager

Spring, TX β€’ On-site

Resource Consultings Services Inc
Recruiting and Staffing ServicesΒ β€’Β 51 - 200 employees

Full-time

Re-posted 24 days ago


Job description

Role: Merchant Acquiring Risk & Governance Manager

Location: Spring, TX (Hybrid)

Job type: Full Time

We are seeking an experienced Merchant Acquiring Risk & Governance Manager to support risk oversight, governance, and compliance initiatives across merchant acquiring and payments operations. You will partner closely with business, compliance, operations, and third-party partners to ensure acquiring activities align with card network rules, regulatory requirements, and internal risk standards.

Key Responsibilities:

  • Oversee merchant acquiring risk and governance activities across payment operations
  • Monitor compliance with Visa, Mastercard, and card network operating regulations
  • Conduct risk assessments covering operational, compliance, fraud, and reputational risk
  • Support governance frameworks, controls, KRIs, issue tracking, and remediation activities
  • Review merchant onboarding, underwriting, MCC assignments, and high-risk merchant activity
  • Monitor chargeback, fraud, and network compliance programs and escalate issues as needed
  • Support audits, regulatory exams, and card network inquiries
  • Partner with fintechs, ISOs, PayFacs, processors, and third-party vendors to ensure compliance and operational alignment
  • Develop and maintain policies, procedures, and governance documentation

Qualifications:

  • 5+ years of exp in merchant acquiring, payments risk, governance, or compliance
  • Strong understanding of merchant acquiring, PayFac, card network rules, and payments operations
  • Exp with risk assessments, controls, remediation, and governance reporting
  • Knowledge of Visa/Mastercard operating regulations, fraud monitoring, chargebacks, and merchant risk
  • Exp within banking, fintech, payment processors, or regulated financial environments preferred