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Operational Risk Manager Jobs in Eureka, CA (NOW HIRING)

Platform Accounting Group

Senior Audit Manager

Eureka, CA · Hybrid

$125K - $185K/yr

... enhance risk management capabilities, and improve efficiency and effectiveness of operations ... Prepare comprehensive audit reports that document audit scope, findings, risks, conclusions, and ...

Platform Accounting

Senior Audit Manager

Eureka, CA · On-site

$125K - $185K/yr

... enhance risk management capabilities, and improve efficiency and effectiveness of operations ... Prepare comprehensive audit reports that document audit scope, findings, risks, conclusions, and ...

PT&C Group LLC

Senior Audit Manager

Eureka, CA · On-site

$125K - $185K/yr

... enhance risk management capabilities, and improve efficiency and effectiveness of operations ... Prepare comprehensive audit reports that document audit scope, findings, risks, conclusions, and ...

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Operational Risk Manager information

See Eureka, CA salary details

$48.1K

$123.6K

$242.7K

How much do operational risk manager jobs pay per year?

As of Jun 16, 2026, the average yearly pay for operational risk manager in Eureka, CA is $123,587.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,300.00 and $162,800.00 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.
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What cities near Eureka, CA are hiring for Operational Risk Manager jobs? Cities near Eureka, CA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Eureka, CA as of June 2026, with employment types broken down into 82% Full Time, 17% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $123,587 per year, or $59.4 per hour.
Electric NERC Compliance Consultant, Principal - Flexible Location

Electric NERC Compliance Consultant, Principal - Flexible Location

PG&E Corporation

Fortuna, CA • Hybrid

Full-time

Posted yesterday

Job description

Requisition ID # 172653 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Manager/Principal

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Pleasanton; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview:

The Electric Risk & Compliance organization provides governance, oversight, and strategic direction on risk and compliance matters across Electric Operations, ensuring alignment with enterprise policies and external/internal regulatory requirements. It partners cross-functionally to manage compliance requirements, strengthen controls, and enable risk-based oversight through effective monitoring, data, and reporting. The Compliance Insights team provides strategic, comprehensive data analysis, reporting, and data-driven insights that support Electric compliance, investigations, and risk management.

Position Summary:

The Electric NERC Compliance Consultant, Principal core function is to lead the compliance and/or risk management framework & tools that enable the organization and employees to conduct business in compliance with NERC applicable standards, laws & regulations, and/or to identify, manage, and mitigate operational risk.

The Electric NERC Compliance Consultant, Principal will lead collaboration with Electric Engineering, Asset management and Planning, and Electric Operations business units and the Enterprise NERC Compliance Office to guide mitigation planning, shaping risk-based decisions, aligning cross-functional partners, and influencing policy and regulatory strategy across WECC, FERC and CAISO.

The selected candidate must live within PG&E’s service territory and will be expected to work in the office 2-3 days/week.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job.  The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.  Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.​

A reasonable salary range is:​

Bay Area Minimum: $​136,000.00

Bay Area Maximum: $​232,000.00

California Minimum: $​129,000.00

California Maximum: $220,000.00

 

Responsibilities:

  • Anticipates issues and develops innovative solutions to enhance controls and mitigate risks.
  • Anticipates changes in the regulatory environment or other developments which may impact compliance or risk management and takes action to prepare the organization.
  • Acts as consultant to internal and/or external groups in order to benchmark company performance and promote knowledge of compliance and risk management best practices.
  • Challenges business decisions and present risk mitigation alternatives, as appropriate.
  • Updates senior leadership on status of compliance / risk management programs and partners with leaders across the organization to strengthen organization-wide effectiveness.
  • Participates in risk management forums at the enterprise level.
  • May act as team lead but does not have any direct reports.
  • Leads ongoing mitigation plans filed with the Regional Entity (Western Electric Coordinating Council [WECC]); leads Partnership with Electric Engineering and asset management business units on the development of mitigation plans.
  • Partners with controls verification team on development and implementation of test plans, incorporating any findings into improvements in NERC compliance; identifies opportunities for new internal controls; helps build additional internal controls.
  • Leads investigations into compliance issues with NERC--with a focus on O&P standard family; leads development of compliance narratives and RSAW documentation; leads WECC/FERC audits; provides input into FERC/NERC policy as it pertains to development of new and/or revised NERC Reliability Standards.
  • Develops and leads compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate; provides strategic direction regarding areas of NERC compliance in common with CPUC, OEIS, and CAISO.
  • Leads annual gap analysis; identifies gaps between compliance requirements and guidance documentation.
  • Develops, monitors, analyzes, and reports on business KPIs and indicators, that may affect the Company’s ability to meet its goals.

 

Qualifications:

Minimum Qualifications: 

  • Bachelor’s degree or equivalent experience
  • 10+ years of relevant experience
  • Primarily office environment with extensive use of computers and numerous phone calls, conference calls, and in-person meetings. Travel requirements vary depending on assigned area of business.

Desired Qualifications:

  • Master’s degree or equivalent experience
  • Electrical engineer with experience in the utility industry to support technical interpretations and implementation of new compliance requirements
  • 6 years’ experience managing compliance/risk programs or controls
  • FERC/NERC utility policy experience or utility operational experience
  • Regulatory, analytical, communications or public affairs related experience
  • Electric industry experience
  • Experience in leadership or leading teams
  • Advanced understanding of meaning and rationale of contract provisions; counterparty concerns; and the implications of specific contract language.
  • Ability to lead contract and settlement negotiations.
  • Ability to synthesize and distill highly complex data and findings to present in verbal and/or written format to diverse audiences; to lead Company regulatory activities and to lead discussions of gas procurement issues.
  • Advanced collaboration and interpersonal skills to effectively build relationships with a wide variety of stakeholders.
  • Ability to employ extensive subject matter expertise to anticipate and resolve complex issues with minimal information or supervision of a manager or director.
  • Ability to analyze complex problems and make decisions despite incomplete information and limited time.
  • Provides direction, training, guidance, and instruction to regulatory analysts in a work environment that fosters teamwork, information and experience sharing, constructive communication and professional and individual development.
  • Expert level knowledge of assigned area of business including processes and procedures
  • Advanced knowledge of and ability to apply internal control concepts and/or risk analysis & assessment
  • Highly advanced analytical, program management, and communications skills
  • Ability to manipulate data and draw conclusions / make recommendations
  • Strong written and verbal communication skills and ability to communicate complex data effectively to a variety of audiences including senior executives
  • Ability to influence others in order to achieve understanding, acceptance, and commitment to act
  • Highly flexible, self-directed, and able to adapt well to a rapidly changing environment
  • Advanced skills in MS Office including Excel and PowerPoint

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