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

Archer

Third Party Risk Manager

San Jose, CA · On-site

Archer is seeking a Senior Third Party Risk Management (TPRM) Engineer to execute our vendor cyber risk function across all tiers of our supplier ecosystem. In this high-visibility role, you will use ...

Robinhood

Risk Manager

Menlo Park, CA

The Enterprise Risk Management team's mission is to help establish a strong risk management ... You will evaluate operational, strategic, and emerging risks associated with new product launches ...

Robinhood

Risk Manager

Menlo Park, CA · On-site

The Enterprise Risk Management team's mission is to help establish a strong risk management ... You will evaluate operational, strategic, and emerging risks associated with new product launches ...

Thunes

Fraud Risk Manager

San Francisco, CA · On-site

Role Context We are seeking an experienced Fraud Risk Manager to lead the development and execution ... The ideal candidate brings deep expertise in payments fraud, operations, and data driven decision ...

Thunes

Fraud Risk Manager

San Francisco, CA

Role Context We are seeking an experienced Fraud Risk Manager to lead the development and execution ... The ideal candidate brings deep expertise in payments fraud, operations, and data driven decision ...

LLNL

Senior Risk Manager

Livermore, CA · On-site

With a culture built on innovation and operational excellence, LLNL is a place where your expertise can make a real impact. We are seeking a Senior Risk Manager to develop, implement, and lead risk ...

LLNL

Senior Risk Manager

Livermore, CA

With a culture built on innovation and operational excellence, LLNL is a place where your expertise can make a real impact. We are seeking a Senior Risk Manager to develop, implement, and lead risk ...

LLNL

Senior Risk Manager

Livermore, CA · On-site

With a culture built on innovation and operational excellence, LLNL is a place where your expertise can make a real impact. We are seeking a Senior Risk Manager to develop, implement, and lead risk ...

Waymo

Insurance Risk Manager

San Francisco, CA · On-site

We collaborate with our business development, product partnership, strategy and operations teams in ... Analyze and monitor activities within the risk management org and ensure proper documentation ...

Waymo

Insurance Risk Manager

San Francisco, CA · On-site

$158K - $194K/yr

We collaborate with our business development, product partnership, strategy and operations teams in ... Analyze and monitor activities within the risk management org and ensure proper documentation ...

Waymo

Insurance Risk Manager

San Francisco, CA · On-site +1

$158K - $194K/yr

We collaborate with our business development, product partnership, strategy and operations teams in ... Analyze and monitor activities within the risk management org and ensure proper documentation ...

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Operational Risk Manager information

See Fremont, CA salary details

$51.4K

$132.1K

$259.4K

How much do operational risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for operational risk manager in Fremont, CA is $132,132.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,500.00 and $174,100.00 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 job categories do people searching Operational Risk Manager jobs in Fremont, CA look for? The top searched job categories for Operational Risk Manager jobs in Fremont, CA are:
What cities near Fremont, CA are hiring for Operational Risk Manager jobs? Cities near Fremont, CA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Manager, Third-Party Risk Management (GTM)

Manager, Third-Party Risk Management (GTM)

OpenAI

San Francisco, CA • On-site

$162K - $180K/yr

Full-time

Posted 29 days ago

Job description

About the Team
OpenAI is building a world-class customer and ecosystem risk program to support our global growth across enterprise, API, advertising, and strategic partnership channels. We're hiring a Third Party Risk Manager (GTM) to help scale customer risk operations, KYC/KYB onboarding, and sanctions screening across a rapidly expanding global customer and supplier ecosystem.
About the Role
This role is highly operational and cross-functional. You'll work closely with Legal, Security, Finance, Procurement, GTM Systems, and Sales teams to operationalize scalable risk controls without slowing the business down. You'll help design and improve onboarding workflows, drive customer and supplier sanctions screening operations, support complex escalations, and integrate risk tooling into business processes at scale.
We're looking for someone who combines operational rigor with strong judgment, systems thinking, and the ability to operate effectively in ambiguous, fast-moving environments.
This role is based in San Francisco, CA. We use a hybrid work model of 3 days in the office per week and offer relocation assistance to new employees.
In this role, you will:
  • Lead day-to-day execution of customer and advertiser risk reviews, KYC/KYB onboarding, sanctions screening, and enhanced due diligence workflows across global customer populations.
  • Manage lifecycle risk operations from onboarding through monitoring, escalation, reassessment, and offboarding for customers, advertisers, and strategic counterparties.
  • Oversee sanctions screening operations across both customer and supplier populations, including development of automated screening workflows, escalation management, adverse media review, and disposition governance.
  • Build and operationalize scalable customer risk and sanctions screening procedures and governance frameworks aligned to OpenAI's risk tolerance and evolving regulatory expectations.
  • Partner closely with Legal, Security, Procurement, Finance, and GTM teams to integrate risk controls into onboarding and operational workflows.
  • Lead integration and optimization efforts across systems such as Salesforce, Persona, screening providers, workflow automation tools, and internal platforms.
  • Develop dashboards, metrics, SLAs, and reporting mechanisms to provide leadership visibility into customer risk operations and screening effectiveness.
  • Support investigations and escalations involving sanctions concerns, suspicious activity, fraud indicators, regulatory inquiries, or customer misuse scenarios.
  • Build repeatable operational playbooks for onboarding, sanctions screening, adverse media review, and escalation handling.
  • Identify opportunities to automate workflows and improve operational scalability without compromising control effectiveness.
  • Explore and deploy AI tools to enhance and streamline OpenAI's trade compliance efforts.

You might thrive in this role if you have:
  • 6+ years of experience in customer risk operations, KYC/KYB, AML, sanctions compliance, third-party risk management, or related operational risk functions, with a particular focus on building scalable sanctions compliance processes.
  • Experience operating scalable onboarding, screening, and case management workflows in high-growth environments.
  • Strong understanding of sanctions regimes, KYC/KYB requirements, AML concepts, export controls, adverse media screening, and customer due diligence frameworks.
  • Sophisticated understanding of how U.S. and international sanctions laws apply to multinational companies operating globally.
  • Experience integrating or optimizing systems such as Persona, Salesforce, OneTrust, workflow automation platforms, or similar operational tooling.
  • Strong analytical and operational problem-solving skills with the ability to make risk decisions in ambiguous situations.
  • Excellent communication and stakeholder management skills, with the ability to balance business enablement and effective control execution.
  • Demonstrated ownership mindset with strong attention to detail and ability to operate independently in fast-paced environments.
  • Experience supporting high-growth technology, AI, fintech, advertising, payments, marketplace, or platform businesses.
  • Experience building customer risk or KYC operations programs from early-stage or scaling environments.
  • Familiarity with enterprise customer onboarding and global go-to-market operations.
  • Experience working with sanctions screening vendors, adverse media tooling, or identity verification providers.
  • Certifications such as CAMS, CRCM, CTPRP, or similar.

Compensation Range: $162K - $180K USD
About OpenAI
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. We push the boundaries of the capabilities of AI systems and seek to safely deploy them to the world through our products. AI is an extremely powerful tool that must be created with safety and human needs at its core, and to achieve our mission, we must encompass and value the many different perspectives, voices, and experiences that form the full spectrum of humanity.
We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other applicable legally protected characteristic.
For additional information, please see OpenAI's Affirmative Action and Equal Employment Opportunity Policy Statement.
Background checks for applicants will be administered in accordance with applicable law, and qualified applicants with arrest or conviction records will be considered for employment consistent with those laws, including the San Francisco Fair Chance Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the California Fair Chance Act, for US-based candidates. For unincorporated Los Angeles County workers: we reasonably believe that criminal history may have a direct, adverse and negative relationship with the following job duties, potentially resulting in the withdrawal of a conditional offer of employment: protect computer hardware entrusted to you from theft, loss or damage; return all computer hardware in your possession (including the data contained therein) upon termination of employment or end of assignment; and maintain the confidentiality of proprietary, confidential, and non-public information. In addition, job duties require access to secure and protected information technology systems and related data security obligations.
To notify OpenAI that you believe this job posting is non-compliant, please submit a report through this form. No response will be provided to inquiries unrelated to job posting compliance.
We are committed to providing reasonable accommodations to applicants with disabilities, and requests can be made via this link.
OpenAI Global Applicant Privacy Policy
At OpenAI, we believe artificial intelligence has the potential to help people solve immense global challenges, and we want the upside of AI to be widely shared. Join us in shaping the future of technology.

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