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Operational Risk Manager Jobs in Denver, CO (NOW HIRING)

Softchoice

Manager, Governance Risk Reporting

Arvada, CO

$110K - $138K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

As Manager, Governance, Risk & Reporting within Managed Services, you will be the organizational ... Extract insight from audit, compliance, and operational data and translate it into strategic ...

Crowe LLP

Risk Technology Consultant

Denver, CO · On-site

Analyze business, risk, compliance, audit, security, and technology processes to identify ... Evaluate technology processes such as change management, logical access, IT operations, system ...

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All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Denver, CO

Operational Risk Manager information

See Denver, CO salary details

$48.5K

$124.4K

$244.3K

How much do operational risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for operational risk manager in Denver, CO is $124,446.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,800.00 and $163,900.00 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

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For Operational Risk Manager jobs in Denver, CO, the most frequently searched job titles are:

What job categories do people searching Operational Risk Manager jobs in Denver, CO look for?

The top searched job categories for Operational Risk Manager jobs in Denver, CO are:

What cities near Denver, CO are hiring for Operational Risk Manager jobs?

Cities near Denver, CO with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Denver, CO as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $124,446 per year, or $59.8 per hour.

Senior Analyst, Risk Management, Audit

Judi Health

Denver, CO • Hybrid

Full-time

Posted 5 days ago

Job description

Location: Hybrid 3 days (offices in NYC, Denver, CO and Charlotte, NC area)

Position Summary:

The Senior Analyst, Risk Management (Audit) exists to support the Risk Management function by executing risk-based initiatives from intake through completion. This is a hybrid role spanning risk management, project execution, and data analytics: the Analyst plans and coordinates cross-functional workstreams, analyzes data to surface risks and trends, and improves the processes and reporting that keep regulatory and client audits, corrective actions, performance guarantees, finance accruals, and client-experience initiatives controlled and defensible. Partnering across Client Audit Performance, Compliance, Analytics, and other stakeholders, the Analyst strengthens audit and risk readiness, maintains accurate reporting, and reduces operational risk.

Position Responsibilities:

  • Plan and execute cross-functional risk and audit initiatives end to end, from intake through closure, following a consistent identify, assign, track, and close workflow.
  • Coordinate deliverables, timelines, dependencies, and stakeholders across multiple teams to keep initiatives on schedule.
  • Design, build, and maintain dashboards, KPI reporting, and trend analysis that track status, deliverables, risks, corrective actions, and closure activities.
  • Analyze audit, corrective action, and reverse & reprocess (R&R) data to surface risks, trends, and operational improvement opportunities.
  • Maintain audit artifacts, documentation, repositories, and version control to support submission readiness and consistent, defensible audit responses.
  • Track corrective action tasks, audit findings, and follow-ups through to closure.
  • Review impact data and audit and reverse & reprocess (R&R) outputs for accuracy and completeness, identifying data gaps or incomplete pulls.
  • Support governance of audit-response and R&R workflows through process documentation, job aids, RACI clarity, and escalation paths.
  • Support automation of manual reporting and tracking processes to improve consistency, speed, and accuracy.
  • Partner with Client Audit Performance, Compliance, Analytics, and other stakeholders on responses, reporting, issue tracking, and process improvement.

Required Qualifications:

  • Bachelor's degree or equivalent experience.
  • 3 - 5 years of experience in audit, compliance, risk, operations, project coordination, or analytics.
  • Strong organizational skills, attention to detail, and ability to maintain accurate, audit-ready documentation.
  • Ability to coordinate and execute cross-functional projects and workstreams across multiple teams, stakeholders, and timelines.
  • Ability to analyze data and build or maintain reporting, trackers, KPIs, and dashboards (e.g., in Excel) to support decision-making.

Preferred Qualifications:

  • Formal project management methodology or certification (e.g., Agile/Scrum, PMP).
  • SQL and/or Python.
  • Power BI or Tableau.
  • Excel Power Query.
  • Business process mapping and workflow automation tools.
  • Jira or comparable project/work-tracking tools.
  • Project coordination or process improvement experience.
  • Working knowledge of PBM or healthcare operations sufficient to validate data outputs and audit results.

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