1

Operational Risk Manager Jobs in Davidson, NC (NOW HIRING)

... operations, products/services, systems, and associated risks/controls - Thorough knowledge of Risk/Compliance/Audit competencies - Strong analytical, process facilitation and project management ...

The Risk Manager will identify, assess, and mitigate potential risks that could impact the company ... Identify and track subcontractor flow-down insurance requirements to support estimating, operations ...

The Risk Manager will identify, assess, and mitigate potential risks that could impact the company ... Identify and track subcontractor flow-down insurance requirements to support estimating, operations ...

The Risk Manager will identify, assess, and mitigate potential risks that could impact the company ... Identify and track subcontractor flow-down insurance requirements to support estimating, operations ...

Typically 10+ years of applicable experience in risk management, compliance, audit, technology risk, or operational risk Preferred Skills and Qualifications * Experience with AI/ML, emerging ...

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

next page

Showing results 1-20

Operational Risk Manager information

See Davidson, NC salary details

$43.5K

$111.7K

$219.3K

How much do operational risk manager jobs pay per year?

As of Jun 30, 2026, the average yearly pay for operational risk manager in Davidson, NC is $111,716.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,000.00 and $147,200.00 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.
What are the most commonly searched types of Operational Risk jobs in Davidson, NC? The most popular types of Operational Risk jobs in Davidson, NC are:
What job categories do people searching Operational Risk Manager jobs in Davidson, NC look for? The top searched job categories for Operational Risk Manager jobs in Davidson, NC are:
What cities near Davidson, NC are hiring for Operational Risk Manager jobs? Cities near Davidson, NC with the most Operational Risk Manager job openings:
Derivative Products Operations Risk Manager

Derivative Products Operations Risk Manager

US Bank

Charlotte, NC • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Key responsibilities

  • Partner with audit, risk, compliance, data governance, and operations teams to support audits, exams, and documentation requirements.

  • Perform and document periodic control testing to meet audit requirements.

  • Identify control gaps and drive solutions to mitigate risk and potential losses.


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 351 frontline employees who took The Breakroom Quiz

39th of 144 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job DescriptionWe encourage growth - and reward the journey

We are seeking a Risk Support professional within Derivative Products Control & Operations. This role partners with various functions within Derivations Products Control & Operations, trading desks including Rates, Commodities, FX, Mortgage MSR and Credit derivative, Risk/Compliance/Audit (RCA) teams to support the development, implementation, and maintenance of an effective risk management framework.

The ideal candidate brings strong business acumen, a strategic mindset, and the ability to influence stakeholders. They excel in risk management, regulatory compliance, and driving operational excellence within complex financial environments.

What You'll Do

  • Maintain knowledge of derivative products, operational risk, internal controls, and reporting standards, including evolving regulations

  • Partner with audit, risk (1st, 2nd, and 3rd line), compliance, data governance, and operations teams to support audits, exams, and documentation requirements

  • Support the creation and review of procedures to ensure alignment with documentation standards

  • Perform and document periodic control testing to meet audit requirements

  • Identify control gaps and drive solutions to mitigate risk and potential losses

  • Develop and implement policies and procedures aligned with regulatory and company standards

What Makes This Role Unique

  • High visibility impact - your work directly supports audit outcomes and regulatory compliance

  • Niche expertise growth - build deep knowledge in derivatives and capital markets

  • Cross-functional influence - collaborate with audit, risk, compliance, and operations leaders

  • Problem-solving environment - navigate complex, evolving regulatory and financial challenges

Schedule & Location

  • Monday - Friday 8:00am-5:00pm local time

  • Charlotte or Chicago

  • Hybrid 3+ days in office

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Typically six or more years of related experience

Preferred Skills/Experience

  • Risk and regulatory knowledge related to derivatives and capital markets

  • 5+ years of risk-based finance experience

  • Understanding of Basel capital governance and risk management practices

  • Strong knowledge of financial regulations and industry trends

  • Ability to build relationships and influence stakeholders

  • Strong project management, analytical, and problem-solving skills

  • Effective communication and presentation skills

  • Proficiency in Microsoft Office

Why Join Us

You'll be part of a team that values precision, collaboration, and continuous learning, with the opportunity to build expertise in one of the most complex and impactful areas of financial services.

This position is not eligible for visa sponsorship. Must be U.S. Citizen not holding a visa.

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $124,355.00 - $146,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


What U.S. Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


U.S. Bank logo

About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media