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Operational Risk Manager Jobs in Fenton, MI (NOW HIRING)

Stellantis

Operational Risk Lead

Auburn Hills, MI · On-site

The Operational Risk Lead is responsible for leading the development, implementation, and ... Contractor Safety & Construction Management * Develop, implement, and maintain corporate contractor ...

New

Stellantis

Operational Risk Lead

Auburn Hills, MI

The Operational Risk Lead is responsible for leading the development, implementation, and ... Support project managers, site supervisors, and business leaders in identifying and mitigating ...

Posted today

Huntington

Cybersecurity Risk Manager

Detroit, MI · On-site +1

$70K - $140K/yr

Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk. * In ... lieu of a Bachelor's degree 4 additional years of segment-specific or risk related experience may ...

Deloitte

Financial Risk Manager

Detroit, MI

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

Deloitte

Cyber Insider Risk Manager

Detroit, MI

Qualifications Required: 6+ years of experience in insider risk, security operations, investigations, compliance, data protection, or enterprise risk management 2+ years of experience managing an ...

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Operational Risk Manager information

See Fenton, MI salary details

$42.4K

$109K

$213.9K

How much do operational risk manager jobs pay per year?

As of Jul 29, 2026, the average yearly pay for operational risk manager in Fenton, MI is $108,960.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,300.00 and $143,500.00 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 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.

More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Fenton, MI look for? The top searched job categories for Operational Risk Manager jobs in Fenton, MI are:
What cities near Fenton, MI are hiring for Operational Risk Manager jobs? Cities near Fenton, MI with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Fenton, MI as of July 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $108,960 per year, or $52.4 per hour.

Operational Risk Lead

Stellantis

Auburn Hills, MI • On-site

Full-time

Posted yesterday

New

Stellantis rating

7.5

Company rating: 7.5 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

15th of 44 rated automakers

Job description

The Operational Risk Lead is responsible for leading the development, implementation, and continuous improvement of health and safety programs related to contractor management, construction activities, and operational risk across manufacturing and corporate operations. This role supports the Corporate Health & Safety team by identifying, assessing, and mitigating risks associated with construction projects, contractor activities, equipment installations, operational changes, and routine and non-routine work processes.
The position serves as a key subject matter expert in contractor safety, construction safety, operational risk management, and Job Safety Risk Assessments (JSRAs), ensuring compliance with applicable regulations, corporate standards, and industry best practices. The role works closely with Manufacturing, Engineering, Maintenance, Facilities, Launch, Procurement, Legal, and Project Management teams to proactively integrate safety and risk controls into planning, execution, and operational readiness activities.
Key Responsibilities:
  1. Operational Risk Identification & Assessment
  • Lead the development and execution of Job Safety Risk Assessments (JSRAs) for routine and non-routine tasks.
  • Facilitate risk assessments for new equipment, construction projects, launches, process modifications, and operational changes.
  • Partner with engineering, manufacturing, maintenance, and launch teams to identify hazards and implement effective risk controls.
  • Maintain a centralized operational risk register and ensure risks are evaluated, documented, and managed appropriately.
  1. Contractor Safety & Construction Management
  • Develop, implement, and maintain corporate contractor safety and construction safety management programs.
  • Lead contractor prequalification processes, including evaluation of safety performance, certifications, and compliance history.
  • Review and approve contractor safety plans, risk assessments, permits, and safe work procedures.
  • Coordinate contractor onboarding, orientation, and site-specific safety training.
  • Establish contractor performance monitoring processes and ensure compliance with corporate requirements.
  1. Construction Site Oversight & Field Support
  • Conduct regular site inspections, audits, and field verifications for contractor activities and construction projects.
  • Support project managers, site supervisors, and business leaders in identifying and mitigating workplace hazards.
  • Monitor contractor compliance with regulatory requirements, corporate standards, and project safety expectations.
  • Participate in project planning and execution meetings to ensure safety considerations are incorporated throughout the project lifecycle.
  1. Incident Investigation & Corrective Action Management
  • Lead or support investigations of significant incidents, injuries, near misses, contractor events, and high-potential exposures.
  • Utilize structured root cause analysis methodologies to identify underlying causes.
  • Develop, track, and verify completion of corrective and preventive actions.
  • Ensure lessons learned are communicated and incorporated into future risk management activities.
  1. Risk Management Program Development
  • Develop and implement operational risk management frameworks, tools, procedures, and governance processes.
  • Integrate risk management principles into safety programs, audits, contractor management systems, and continuous improvement initiatives.
  • Support implementation of corporate standards related to Serious Injury and Fatality (SIF) prevention, hazard recognition, and risk reduction.
  1. Compliance & Regulatory Management
  • Ensure compliance with applicable Federal, State, Provincial, and Local regulations, including OSHA, EPA, OHSA, WSIB, ISO 45001, and other relevant standards.
  • Monitor legislative and regulatory changes and recommend program updates as needed.
  • Ensure required documentation, permits, records, and reporting obligations are completed accurately and maintained appropriately.
  1. Collaboration & Stakeholder Engagement
  • Collaborate with Manufacturing, Engineering, Maintenance, Launch, Facilities, Procurement, Legal, and Corporate Health & Safety teams.
  • Support project reviews, operational readiness activities, equipment installations, facility modifications, and launch initiatives.
  • Partner with plant leadership to embed risk management and contractor safety principles into daily operations.
  • Provide technical guidance and support to business units on safety and risk management matters.
  1. Training, Communication & Safety Culture
  • Develop and deliver training programs on contractor safety, operational risk management, construction safety, and JSRA processes.
  • Conduct safety meetings, toolbox talks, and awareness campaigns for employees and contractors.
  • Promote a proactive safety culture through engagement initiatives, leadership coaching, and risk awareness programs.
  • Support organizational efforts to improve hazard recognition and risk-based decision making.
  1. Data Analysis, Reporting & Continuous Improvement
  • Analyze incident data, audit findings, contractor performance metrics, risk indicators, and safety trends.
  • Prepare and present reports, dashboards, and risk assessments to senior leadership.
  • Identify systemic issues, emerging risks, and opportunities for process improvement.
  • Lead continuous improvement initiatives designed to strengthen contractor safety performance and operational risk management effectiveness.

Basic Qualifications:
  • Minimum of 5 years of experience in contractor safety management, construction safety, operational risk management, or industrial safety within a manufacturing or automotive environment with overall a minimum of 8 years of professional experience.
  • Bachelor's Degree in Occupational Health & Safety, Risk Management, Engineering, Environmental Science, or a related discipline

Preferred Qualifications:
  • Professional certifications such as:
    • Certified Safety Professional (CSP)
    • Canadian Registered Safety Professional (CRSP)
    • Construction Health and Safety Technician (CHST)
    • Certified Safety and Health Official (CSHO)
    • Certified Health and Safety Consultant (CHSC)
    • ISO 45001 Lead Auditor
    • Safety Auditor Certificate (SAC)
  • Experience supporting major capital projects, equipment installations, facility expansions, or manufacturing launch activities
  • Familiarity with Serious Injury and Fatality (SIF) prevention methodologies and risk-based safety management systems
  • Experience using data analytics and dashboard tools (e.g., Power BI) for safety and risk trend analysis
  • Master's Degree in Occupational Health & Safety, Risk Management, Engineering, Environmental Science, or a related discipline

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