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Operational Risk Manager Jobs in Duxbury, MA (NOW HIRING)

... operational processes, including expertise in governing and managing the full Trust client ... As the First Line Risk Senior Manager, you will represent the first line of defense and identify ...

... operational processes, including expertise in governing and managing the full Trust client ... As the First Line Risk Senior Manager, you will represent the first line of defense and identify ...

Fraud Risk Analytics Manager

Boston, MA · Hybrid

$105K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...

Fraud Risk Analytics Manager

Boston, MA · Hybrid

$106K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...

... operational risk, or IT risk management Core Skills & Knowledge: * Interest in business continuity and operational resilience practices (BIAs, recovery strategies, dependency mapping, exercises, and ...

... operational risk, or IT risk management Core Skills & Knowledge: * Interest in business continuity and operational resilience practices (BIAs, recovery strategies, dependency mapping, exercises, and ...

... Risk Manager, you will play a pivotal role within our Risk & Regulatory practice, focusing on ... operations, and achieving strategic goals. As a Manager, you will lead teams and manage client ...

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Operational Risk Manager information

See Duxbury, MA salary details

$51.3K

$131.9K

$258.9K

How much do operational risk manager jobs pay per year?

As of Jul 17, 2026, the average yearly pay for operational risk manager in Duxbury, MA is $131,871.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,300.00 and $173,700.00 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 is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

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 certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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 cities near Duxbury, MA are hiring for Operational Risk Manager jobs? Cities near Duxbury, MA with the most Operational Risk Manager job openings:
Senior Manager, Risk Operations

Senior Manager, Risk Operations

Fidelity Investments

Boston, MA

$147K - $157K/yr

Full-time

Posted 9 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 266 frontline employees who took The Breakroom Quiz

17th of 148 rated financial services


Job description

Job Description:

Position Description:

Conducts risk assessments -- detailing controls,identifyingpotential gaps and inconsistencies, and making sound recommendations for improvement and mitigation -- in alignment with regulatory guidelines. Modernizes risk management and tests using data investigation. Builds risk management reporting using data visualization tools (Tableau and Power BI). Performs day-to-day risk operations,issue, and audit managementprocess, using Archer GRC risk platforms.Supports and coordinates processes to comply with laws and regulations relating to operational risks. Provides senior management with updates on the overall status of Operational Controls and Governance, along with action plans to address and remediate identified issues.

Primary Responsibilities:

  • Establishes new technology-based solutions to test systems processes.

  • Creates solutions to address testing and oversight requirements.

  • Creates risk assessment, control testing, and compliance related work.

  • Presents assessment findings to partners andfinalizesremediation timelines.

  • Ensuresappropriate remediationand accountability tracking and monitoring of daily trade activities for equity, fixed income, and alternative funds and accounts.

  • Identifiesanomalies in portfolios and ensures investment policy limitations are followed.

  • Collaborates across teams tooptimizesupport provided to the business.

  • Develops innovative solutions to enhance testing controls.

  • Delivers results inan accurateandtimelymanner.

  • Serves as a critical link between data and technology teams and executive leadership.

  • Recognizes systems issues, assesses risks, andidentifiesitems requiring escalation.

  • Builds and implements strategies that use analytics techniques, tools, and methods.

Education and Experience:

Bachelor's degree in Computer Science, Engineering, Engineering Management, Information Technology, Information Systems, or a closely related field (or foreign education equivalent) and five (5)years of experience as a Senior Manager, Risk Operations (or closely related occupation) performing daily risk monitoring and reporting, assessing environment control, identifying potential risk issues, and driving risk mitigation efforts, within a global asset management or financial service industry.

Or, alternatively,Master's degree in Computer Science, Engineering, Engineering Management, Information Technology, Information Systems, or a closely related field (or foreign education equivalent) and three (3) years of experience as a Senior Manager, Risk Operations (or closely related occupation) performing daily risk monitoring and reporting, assessing environment control, identifying potential risk issues, and driving risk mitigation efforts, within a global asset management or financial service industry.

Skills and Knowledge:

Candidate must alsopossess:

  • Demonstrated Expertise ("DE")conducting advanced data analysis on portfolio accounting, portfolio and security reference, index, and performance and attribution data, using SQL, Excel, and Tableau, to monitor and translate complex analytics into strategic insights for alignment between operation execution and business objectives; and performing complex data querying of data lakes and Cloud data platforms (Snowflake), using SQL.

  • DEautomating control testing processes by removing manual processes of data gathering, filtering, cleaning, and analyzing data using, OBIEE, SQL Developer, Snowflake, and Tableau; creating and tracking Key Risk Indicators (KRI) to identify trends and mitigate risks, using a KRI dashboard; and developing and executing detailed test plans that address potential risks in risk management and operation systems, reporting applications, and tools, to support systems testing in User Acceptance Testing (UAT) and Production environment.

  • DEidentifying regulatory and operational risks, and root causes for risk issues and audits, using Archer GRC; creating reports and presentations from systems of record using Archer GRC, internal error tracking tools, Excel, and Tableau; and translating identified risks, issues, and action plans, into formats that executive leadership can use to aid in risk management and decision making, using PowerPoint, Tableau, and SharePoint.

  • DEconducting proactive risk and readiness assessments, aligned with key business risks and their financial impacts, using Snowflake and Bloomberg; and researching incidents and assigning gains and losses to associated events, using Excel, Tableau, and General Ledger (GL) platforms, give senior executives clear insights that connect risk exposure to performance and support issue tracking.

Salary: $147,081.00 - $157,081.00/year.

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Certifications:Category:Risk

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.


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