ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Exton, PA (NOW HIRING)

Deloitte

Financial Risk Manager

Philadelphia, PA

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

Td

Risk Manager I (US)

Wilmington, DE

$91K - $145K/yr

Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...

Td

Risk Manager I (US)

Wilmington, DE

$91K - $136K/yr

Risk Management The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...

TD Bank Group

Risk Manager I (US)

Wilmington, DE · On-site

$91K - $145K/yr

Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...

next page

Showing results 1-20

All JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Exton, PA

Operational Risk Manager information

See Exton, PA salary details

$45.4K

$116.5K

$228.7K

How much do operational risk manager jobs pay per year?

As of Jun 21, 2026, the average yearly pay for operational risk manager in Exton, PA is $116,499.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,900.00 and $153,500.00 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.
More about Operational Risk Manager jobs
What cities near Exton, PA are hiring for Operational Risk Manager jobs? Cities near Exton, PA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you

Senior Manager, Operational Risk - Investment & Asset Management

Aegon

Philadelphia, PA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

Job description

Job Family

Operational Risk

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment - one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.

Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.

We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.

Job Description Summary

This new second line operational risk management role will provide independent oversight of the activities and day-to-day execution of the Investment Office, delivering strong independent oversight and constructive challenges to the first line. This role will ensure operational risk and control considerations are established and embedded across new and existing asset classes, and will oversee the identification, assessment, monitoring, and reporting of key risks for the business landscape. It will partner closely with a growing first line investment organization and external asset managers.

Job Description

Responsibilities

  • Partner closely with the Investment Office to deliver independent, forward-looking operational risk assessments across business activities, programs, and initiatives.
  • Serve as a trusted advisor and operational risk subject matter expert, providing credible challenges and practical guidance to investment leadership and management.
  • Shape and advance the operational risk strategy for the Investment Office, including annual priorities, objectives, and risk maturity goals.
  • Lead enterprise grade Process Risk Assessments, translating results into clear, actionable insights for senior leadership.
  • Own the end-to-end lifecycle of risk issue management, from identification and root cause analysis through action tracking, escalation, and outcome reporting.
  • Develop and maintain the quarterly Investment Office operational risk profile, highlighting key risk themes, trends, and emerging exposures.
  • Challenge the design and effectiveness of processes and controls, recommending enhancements that improve resilience, efficiency, and execution quality.
  • Assess the adequacy of management decisions and actions through a risk lens, providing independent oversight and constructive challenges.
  • Drive adherence to the Global Operational Risk Management framework, including risk assessments, KRIs, scenario analysis, and risk reporting.
  • Collaborate across Risk, Compliance, IT, Internal Audit, and global ORM partners to strengthen risk practices, share insights, and embed a strong risk culture.

Qualifications

  • Bachelor's degree in finance, Accounting, Economics, or a related discipline
  • Ten years of experience in investment operations, asset management or a related second-line risk role within financial services or insurance
  • Deep understanding of investment management activities, including portfolio management, trading operations, asset servicing, valuation and investment data flows
  • Proven ability to provide independent challenges and credible advisory support to investment management and senior stakeholders
  • Experience partnering across control functions (Compliance, IT, Finance, Internal Audit) and influencing outcomes without direct authority
  • Strong risk reporting expertise, including development of quarterly risk profiles, executive dashboards, and clear risk narratives for senior leadership and governance forums
  • Excellent written and verbal communication skills, with the ability to translate complex risk concepts into clear, decision-useful insights.
  • Ability to work in a fast-paced organization and prioritize multiple initiatives
  • Ability to present and interact with various levels of management and build relationship with peoples at all levels

Preferred Qualifications

  • Professional certifications such as CPA, CIMA, CFA, CAIA, CIA or CISA or equivalent risk or investment credentials

Working Conditions

  • Hybrid Office Environment
  • Moderate Travel to conduct risk activities

Compensation

  • The Salary for this position generally ranges between$135,000 - $180,000 annually.Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
  • Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

This is a hybrid position requiring three days in office per week in one of our hub locations (Cedar Rapids, Philadelphia, Baltimore, Denver).

Disclaimer:
Beware of fake job offers!

We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

  • We will never request personal information such as ID or payment for equipment upfront.
  • Official offers are sent via DocuSign following a verbal offer-not through text or email.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

  • Competitive Pay

  • Bonus for Eligible Employees

Benefits Package

  • Pension Plan

  • 401k Match

  • Employee Stock Purchase Plan

  • Tuition Reimbursement

  • Disability Insurance

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Employee Discounts

  • Career Training & Development Opportunities

Health and Work/Life Balance Benefits

  • Paid Time Off starting at 160 hours annually for employees in their first year of service.

  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

  • Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

  • Adoption Assistance

  • Employee Assistance Program

  • Back-Up Care Program

  • PTO for Volunteer Hours

  • Employee Matching Gifts Program

  • Employee Resource Groups

  • Inclusion and Diversity Programs

  • Employee Recognition Program

  • Referral Bonus Programs

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica's Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

* As of December 31, 2023

Apply