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Operational Risk Manager Jobs in Fort Collins, CO

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Enterprise Risk Manager

Fort Collins, CO

Works with technology, operations, and NERC compliance staff to identify cybersecurity and physical ... Develops practical, repeatable risk management policies, procedures, and guidance * Coordinates ...

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Operational Risk Manager information

See Fort Collins, CO salary details

$46.5K

$119.5K

$234.6K

How much do operational risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for operational risk manager in Fort Collins, CO is $119,480.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,800.00 and $157,400.00 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
What cities near Fort Collins, CO are hiring for Operational Risk Manager jobs? Cities near Fort Collins, CO with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Enterprise Risk Manager

Enterprise Risk Manager

Platte River Power Authority

Fort Collins, CO • On-site

Full-time

Posted 9 days ago

Job description

Recruitment notice: Platte River Power Authority does not accept unsolicited resumes from headhunters, recruitment agencies or fee-based placement services. No agency emails, calls, or solicitations to staff are accepted without a valid agreement. Any unsolicited resume submitted to staff will be considered property of Platte River Power Authority and with no obligation to pay any referral fees.
Job summary
Leads and coordinates Platte River's enterprise risk management (ERM) program by integrating risk considerations into strategic, capital, and operational decision-making. Establishes and evolves risk frameworks, processes, and governance, while translating risk insights into actionable guidance for senior leadership. Supports the risk oversight committee and fosters a strong risk-aware culture to promote reliability, compliance, safety, financial sustainability, and long-term organizational resilience.
This posting closes on Monday, June 22, 2026, at 5:00PM MT.
Essential duties and responsibilities
Enterprise risk management
  • Designs, maintains, and continuously improves the enterprise risk management program, informed by recognized standards
  • Establishes and leads a repeatable enterprise-wide risk assessment process; facilitates risk identification and assessment workshops with business units and leadership
  • Develops and maintains Platte River's enterprise risk register, including risk identification, scoring, ownership, mitigation tracking, and status reporting
  • Monitors and communicates changes in the enterprise risk profile, including emerging risks (for example, climate, cyber, supply chain, regulatory, workforce) and assesses how they affect operations and capital plans
  • Coordinates and administers Platte River's risk oversight committee
  • Identifies, evaluates, develops, implements, and validates tools, procedures, and methods to assess, monitor, track, and manage enterprise risks

Strategic and operational risk
  • Integrates ERM to guide strategic planning, capital planning, rate setting, and business case development
  • Partners with business teams to address asset reliability and infrastructure risk, safety and environmental risk, cybersecurity and technology risk, climate resilience and disaster preparedness, and workforce and succession risk.
  • Evaluates risks from major projects, new technologies, and intergovernmental agreements

Regulatory, financial, and compliance risk
  • Assesses risks related to regulatory compliance, audits, rate cases, and funding requirements
  • Supports internal control evaluations and coordinates with finance on risks related to budgeting, forecasting, debt, and reserves
  • Collaborates with legal counsel and compliance staff on regulatory filings, enforcement actions, and policy updates
  • Coordinates with internal audit and NERC compliance functions to align risk assessments, share risk intelligence, and avoid duplication of effort; uses audit and compliance findings to inform enterprise risk priorities
  • Works with technology, operations, and NERC compliance staff to identify cybersecurity and physical security risks and integrate them into enterprise risk assessments

Reporting and governance
  • Designs and delivers risk reporting tools such as dashboards, heat maps, emerging risk analysis, and key risk insights that support leadership discussion and prioritization
  • Synthesizes insights on key, emerging, and interconnected risks to facilitate discussion and drive alignment on risk priorities and risk appetite
  • Supports education and training on ERM concepts and utility-specific risk trends

Program leadership and culture
  • Fosters a risk-aware culture across the organization through training, communication, and collaboration
  • Promotes risk ownership and business unit accountability across the organization
  • Develops practical, repeatable risk management policies, procedures, and guidance
  • Coordinates business continuity, emergency management, and crisis response planning with relevant departments

Insurance
  • Responsible for day-to-day insurance program activities, including broker relationships, policy placement and renewals, coverage assessments, and contractual compliance
  • Participates in the claims review and inquiry processes

General functions
  • Supports the mission, vision, values, and culture of the organization
  • Leads ethically and fosters trust across the organization
  • Manages ERM-related resources and external vendors
  • Prepares risk management and insurance budgets
  • Adapts plans to reflect availability of resources and evolving management priorities
  • Engages in continuous learning of risk management best practices, tools, and techniques
  • Performs other duties as assigned

Supervisory controls
  • This position has no supervisory responsibilities, but requires managing external vendor and consultant relationships and leading through influence, coordinating cross-functionally with internal audit, NERC compliance, energy trading, and other business unit stakeholders

Knowledge, skills, and abilities
  • Comprehensive knowledge of enterprise risk management concepts and principles
  • Familiarity with established ERM frameworks such as COSO ERM or ISO 31000, with the ability to adapt framework concepts to a developing program
  • High ethical standards and sound professional judgement
  • Demonstrated ability to drive organizational change independently; comfortable operating with high autonomy, building stakeholder buy-in across functions, and advancing risk management maturity in environments with limited existing infrastructure
  • Ability to foster teamwork and work collaboratively, particularly with internal audit, NERC compliance, energy trading, and operational teams to develop an integrated view of organizational risk
  • Excellent facilitation, presentation, and written communication skills
  • Skilled in serving diverse clients and providing recommendations to improve processes, close control gaps, and mitigate risks
  • Advanced proficiency with Excel for financial and risk modeling; working knowledge of risk management information systems, GRC platforms, or credit risk management tools; proficiency with standard business applications (Word, PowerPoint, Outlook, Teams)
  • Attention to detail and follow-through

Qualifications
Required education and licenses
  • Bachelor's degree in finance, accounting, risk management, business, or related field from an accredited four-year college or university
  • Current valid driver's license and ability to remain insurable under the vehicle liability policy

Required work experience
  • Minimum of six years' experience in ERM, internal audit, risk consulting, or related areas
  • Demonstrated experience building, supporting or maturing risk management processes or programs

Preferred education, licenses and work experience
  • Experience in the electric utility or energy industry, preferably at a generation and transmission cooperative, wholesale power entity, or FERC-jurisdictional organization with RTO market participation
  • Knowledge of project management practices
  • Experience building or significantly advancing an ERM program in an organization with limited prior risk management infrastructure
  • Familiarity with wholesale power markets and RTO/ISO operations, energy commodity risk, or electric cooperative business models
  • Working knowledge of insurance program management, including risk transfer and alternative financing strategies
  • Professional risk management certification such as ARM, CRM, RIMS-CRMP, or CPCU

Physical demands
Minimal physical effort typically found in clerical work. Primarily sedentary, may occasionally lift and carry light objects. Minimal walking or standing as needed.
Hazards
Minimal exposure to hazards are typically found in general office environment where there is rarely to no exposure to injury or accident.
Work environment
Exposure to routine office noise and equipment
Pay
Salaries are paid bi-weekly and are annualized below for reference. Factors that may be used to determine actual salary include special skills, years of experience, education, and certifications.
Full range: $137,015 to $198,748
Hiring range: $137,015 to $167,936

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