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Operational Risk Manager Jobs in Hackettstown, NJ

Abaxis

Head of Technology Risk Management

Parsippany, NJ · On-site

$164K - $266K/yr

This role ensures the enterprise maintains risk transparency and operational resilience across the ... Establish process, KPIs and management reporting to govern and proactively manage accepted ...

Everest

Risk Director

Warren, NJ · On-site +1

$116K - $150K/yr

Risk Management About Everest: Everest is a global leader in risk management, rooted in a rich, 50 ... operational risks. Capital and Risk Insights * Deliver comprehensive analysis and insights on ...

Everest Re Group

Risk Director

Warren, NJ · On-site +1

$116K - $150K/yr

Risk Management About Everest: Everest is a global leader in risk management, rooted in a rich, 50 ... operational risks. Capital and Risk Insights * Deliver comprehensive analysis and insights on ...

Everest Insurance

Payroll Accounting Manager

Warren, NJ · On-site

$116K - $134K/yr

Compliance and risk management * Process improvement and operational efficiency * Cross-functional collaboration * Leadership and mentoring * Organizational and time management skills Working ...

Everest Re Group

Payroll Accounting Manager

Warren, NJ · Hybrid

$116K - $134K/yr

Compliance and risk management * Process improvement and operational efficiency * Cross-functional collaboration * Leadership and mentoring * Organizational and time management skills Working ...

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All JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Hackettstown, NJ

Operational Risk Manager information

See Hackettstown, NJ salary details

$48.6K

$124.7K

$244.9K

How much do operational risk manager jobs pay per year?

As of Jun 22, 2026, the average yearly pay for operational risk manager in Hackettstown, NJ is $124,724.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,900.00 and $164,300.00 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 Hackettstown, NJ are hiring for Operational Risk Manager jobs? Cities near Hackettstown, NJ with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Hackettstown, NJ as of June 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $124,724 per year, or $60 per hour.

FS/ Senior Consultant - Business Consulting (Risk and Compliance) - CCAR, CECL - Reg Reporting

Infosys Limited Digital

Bridgewater, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago

Job description

Job details
Job Role
Senior Associate - Business Consulting
Work Location
Bridgewater, NJ, New York, NY
State / Region / Province
New Jersey, New York
Country
USA
Skills
Process|Consulting processes|Technology Consulting process
Domain
Consulting
Interest Group
Infosys Limited
Company
ITL USA
Requisition ID
146475BR
Salary min
116875
Salary max
148125
Compliance & Risk, Infosys Consulting
The Role - What You'll Do
We are hiring at all levels including Consultant/ Senior Consultant, Business Consulting - Compliance & Risk. You will be part of a cross-cultural global team working on a variety of business consulting engagements such as Risk & Finance digital transformation, regulatory change management.
You will take up a range of roles in the areas of process consulting, experience design, business analysis, applied AI, tech strategy, program and change management. You will analyze problems and come up with solutions, often creative and out-of-the-box, apply business consulting frameworks and methodologies to address business problems, collaborate with client stakeholders and be responsible for the delivery of business results to clients.
You will also lead / contribute to sales pursuits, consulting offerings and internal initiatives, and participate in a variety of Firm building events.
Work You'll do
Responsibilities will be determined based on role, level, and specific business or client needs. As part of the IC family, individuals may be expected to take on some or additional responsibilities listed below.
  • End-to-end GRC delivery: Own end-to-end delivery of GRC engagements across banks, financial institutions, payments, and card issuers-from current-state assessment through target operating model, roadmap, and implementing the change.
  • Program leadership: Lead multi-workstream initiatives across operational risk, compliance, third-party risk, data and model risk, and business resilience.
  • Risk & control execution: Drive risk and control frameworks including policy standardization, RCSA, KRI/KCI design, issue management, and continuous monitoring.
  • GRC solutioning: Translate regulatory and business requirements into scalable process, data, and technology solutions using GRC platforms and cloud-native controls.
Our Key Work Areas
  • Financial Crime: KYC, Customer Due Diligence, Fraud, Sanctions screening, Transaction Monitoring, Trade Surveillance.
  • Compliance: Regulatory impact assessment, policy governance, testing & monitoring, reporting, regulatory interactions.
  • Operational Risk: CRA/ RCSA, Credit Risk, Scenario analysis, KRI framework, Issue Remediation, Reg Change.
  • Third-Party Risk: Due diligence, segmentation, control testing, contract clauses, continuous monitoring.
  • Regulatory Reporting: Regulatory directives issued by financial oversight bodies with an ability to identify and interpret key areas / processes impacted by a specific regulation within the financial services organization.
  • Liquidity Risk Reporting: Reports like LCR, NSFR, FR2052a Reports.
Consulting Skills Expected
  • Work on business consulting engagements as part of a cross-cultural team across regions; align product vision and strategy with business objectives and stakeholder needs.
  • Take up a range of roles in the areas of process/functional consulting, tech strategy, program/change management and agile product ownership (roadmap, backlog, release planning).
  • Analyze problems and craft solutions; translate strategic objectives into clear user stories and acceptance criteria, prioritized by value, urgency and feasibility.
  • Ability to create target operating models, process designs, data models, and governance structures; comfortable with policy/standard/control design and mapping.
  • Exceptional communication, stakeholder management, and executive storytelling; deliver concise updates on progress, risks, and trade-offs; influence decision-making.
  • Lead workshops to collaborate with client stakeholders, elicit requirements, resolve ambiguities, align priorities, and drive UAT readiness and user enablement.
  • Lead / contribute to sales pursuits, consulting offerings and internal initiatives; champion data-driven decision-making and continuous improvement.
  • Participate in a variety of Firm building events and the consultant referral programs; responsibly leverage AI-assisted tools to accelerate analysis, documentation, and testing.
Experience/ Qualification
  • 10+ years total experience in product management/business analysis within financial services, with hands-on GRC delivery (consulting preferred) and a proven agile track record delivering complex platforms.
  • 5+ years working on regulatory stress testing and loss forecasting (e.g., CCAR/DFAST/CECL) in production environments.
  • Strong knowledge of retail credit products (e.g., credit cards, mortgages) and risk drivers; familiarity with PD/LGD/EAD methodologies.
  • Experience with AI-assisted tools and automation to accelerate analysis, documentation, testing, and delivery.
  • Proficiency with analytics/visualization (Power BI, Tableau); exposure to risk management and data warehousing platforms.
  • Strong command of regulatory and control frameworks relevant to US FIs: NIST CSF/800-53, ISO 27001, SOC 2, SOX 404, GLBA, NYDFS 500, FFIEC, PCI DSS, and SWIFT CSCF; understanding of model risk management and data governance.
  • Exceptional communication and stakeholder management; ability to articulate complex concepts, influence cross-functional teams, and drive consensus.
  • Analytical, detail-oriented problem solver; proactive self-starter who thrives in fast-paced, cross-functional settings.
  • Willingness to travel to different locations based on project requirements.
  • Bachelor's in finance/economics/computer science/engineering or related quantitative field; Master's/MBA preferred.
  • Certification in Financial and Risk Domain from globally accredited bodies preferred.
  • Program Management and Product owner certifications preferred.
The job entails sitting as well as working at a computer for extended periods of time. Should be able to communicate by telephone, email, or face to face. Travel may be required as per the job requirements.
The Target Annual Compensation Range for this Role is $116,875 to 148,125
Along with competitive pay, as a full-time Infosys employee you are also eligible for the following benefits:
  • Medical/Dental/Vision/Life Insurance
  • Long-term/Short-term Disability
  • Health and Dependent Care Reimbursement Accounts
  • Insurance (Accident, Critical Illness, Hospital Indemnity, Legal)
  • 401(k) plan and contributions dependent on salary level
  • Paid holidays plus Paid Time Off
Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time
About Us:
Infosys Consulting is the global management and technology consulting practice of Infosys, a global leader in technology services and consulting. We combine the power of time-tested methodologies, people-driven innovation and disruptive technology to enable leaders of the world's top brands pursue a path of smart transformation. Together with our clients, internal and external partners, we co-create and execute pragmatic strategies and solutions that transform organizations and define the future of business. Our dynamically growing consultancy offers our consultants:
• Ability to design and implement end-to-end solutions at scale
• A flat organization structure with direct access to our senior-most leaders
• An entrepreneurial environment full of bright, highly motivated consultants
• Opportunities for motivated consultants to impact local communities
• The ability to design your career and drive your professional learning and development
• A truly global culture
We have offices in over 20 countries. Our U.S. hub office cities are Atlanta, Boston, Chicago, Dallas, Houston, New York, Seattle and San Francisco.
Visit www.infosys.com/services/consulting for more information.
Along with competitive pay, as a full-time Infosys employee you are also eligible for the following benefits:
  • Medical/Dental/Vision/Life Insurance
  • Long-term/Short-term Disability
  • Health and Dependent Care Reimbursement Accounts
  • Insurance (Accident, Critical Illness , Hospital Indemnity, Legal)
  • 401(k) plan and contributions dependent on salary level
  • Paid holidays plus Paid Time Off
Infosys provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.

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