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Operational Risk Manager Jobs in Greenwich, CT (NOW HIRING)

IDBNY

Operational Risk Manager

Manhattan, NY · On-site

Operational Risk Manager Company Description For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed ...

Point72

Operational Risk Manager

New York, NY · On-site

$200K - $250K/yr

What you'll do As an Operational Risk Manager you will play a critical role in identifying, analyzing, and mitigating operational risks across the organization. You will partner closely with Finance ...

Point72

Operational Risk Manager

New York, NY

$200K - $250K/yr

What you'll do As an Operational Risk Manager you will play a critical role in identifying, analyzing, and mitigating operational risks across the organization. You will partner closely with Finance ...

Nomura International

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

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Operational Risk Manager information

See Greenwich, CT salary details

$52.8K

$135.6K

$266.2K

How much do operational risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk manager in Greenwich, CT is $135,555.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $178,600.00 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 are the most commonly searched types of Operational Risk jobs in Greenwich, CT? The most popular types of Operational Risk jobs in Greenwich, CT are:
What cities near Greenwich, CT are hiring for Operational Risk Manager jobs? Cities near Greenwich, CT with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Greenwich, CT as of May 2026, with employment types broken down into 2% Internship, 96% Full Time, and 2% Part Time. Highlights an 80% In-person, 14% Hybrid, and 6% Remote job distribution, with an average salary of $135,555 per year, or $65.2 per hour.

Operational Risk Manager

IDBNY

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago

Job description

Operational Risk Manager
Company Description
For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people. Here at IDB, you'll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.
Supporting Risk Management Organization (2LOD)
IDB Bank is seeking an experienced Operational Risk Manager to join its Risk Management organization as part of the Second Line of Defense (2LOD). The role is designed for a risk professional who brings strong judgement, firsthand operational risk experience, and the ability to add immediate value through disciplined execution and effective challenge.
Position Summary
The Operational Risk Manager supports the Risk Management organization (Second Line of Defense) by strengthening the execution, consistency, and effectiveness of the Bank's operational risk program. This role is for an experienced risk professional who brings strong judgment and the ability to evaluate end-to-end operational processes, identify key risk drivers, and assess the adequacy of control design and execution. The role focuses on operational risk oversight, review, and credible challenge, with an emphasis on how risks arise within business processes and ensuring appropriate monitoring, escalation, and disciplined follow-through across core operational risk activities.
Key Responsibilities
  • Identify and assess operational risks through evaluation of end-to-end business processes, workflows, and activities, with a focus on understanding key risk drivers and control effectiveness.
  • Perform process-level risk reviews to evaluate how operational risks manifest across end-to-end activities, including identification of control gaps, emerging risks, and systemic risk themes.
  • Support the execution and ongoing enhancement of the operational risk management framework, including risk identification, assessment, monitoring, escalation, and documentation.
  • Contribute to Risk and Control Self-Assessments (RCSAs), including participation in risk identification discussions, review and credible challenge of assessments, monitoring quality and consistency and following up on gaps, issues, and action plans.
  • Support issue management activities, including root cause analysis, evaluation of corrective actions, and tracking of remediation progress to closure.
  • Monitor operational risk events, near-misses, and emerging risk trends, ensuring appropriate escalation, documentation, and disciplined follow-through.
  • Support operational risk assessments associated with new initiatives, material process changes, and enhancements.
  • Prepare and contribute to operational risk reporting for management and governance forums, including synthesizing risk themes, highlighting key drivers and trends, and ensuring reporting is clear, accurate, and decision-useful.
  • Provide effective second-line challenge and advisory support to the first line of defense, promoting strong risk identification and sound control practices.
  • Support regulatory examinations, internal audits, and reviews related to operational risk.
Skills and Expertise
  • Demonstrated experience and credibility in Operational Risk Management within a banking or financial services environment.
  • Strong ability to evaluate end-to-end operational processes, identify key risk drivers, and assess the adequacy of control design and execution.
  • Proven capability to contribute to and provide effective challenge across core operational risk activities, including RCSAs, issue management, and operational risk assessments.
  • Sound analytical judgment, with the ability to identify root causes, assess control effectiveness, synthesize risk themes, and prioritize issues pragmatically.
  • Clear, concise, and confident written and verbal communication skills, including the ability to challenge constructively and present risk insights to management and governance forums.
  • Ability to manage multiple priorities and operate effectively in a dynamic, evolving environment while maintaining quality and disciplined follow-through.
  • Comfort leveraging risk management tools and data (e.g., GRC systems, Excel, or similar analytics tools) to support consistent risk analysis, tracking, and reporting.
  • Strong interpersonal skills, with demonstrated ability to build relationships, collaborate across functions, and function as a trusted risk partner with stakeholders at all levels.
  • Experience interacting with regulators (including the FDIC) and auditors, with the professionalism and discipline required to support examinations and reviews.
  • High degree of judgment, integrity, ownership, and initiative, with the maturity to adapt and operate effectively in a fast-paced and regulated environment.
Qualifications & Experience
  • Bachelor's degree in finance, business, risk management, or a related field; advanced degree or professional certification (e.g., CRM, FRM) preferred.
  • 5-8 years of relevant experience in operational risk management or related second-line risk and control functions within banking or financial services.
  • Exposure to regulatory examinations or internal audit activities.
  • The ideal candidate brings a strong execution mindset and the capacity to improve effectiveness and efficiency across operational risk practices.

CompensationThe expected annual salary for this position is between $150,000 and $180,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual's skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.
Additional InformationThe Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:
  • Those with a known mental or physical disability.
  • Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
  • Victims of domestic violence, sex offenses or stalking.
  • Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual's accommodation needs; potential accommodations that may address the individual's accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.
The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee's request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.
DisclaimerThe above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
All your information will be kept confidential according to EEO guidelines.
We are operating on a Hybrid schedule.NO AGENCIES PLEASE.IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.
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