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Operational Risk Manager Jobs in Hackettstown, NJ

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 ...

CoAction

Auto TPA Manager

Morristown, NJ

Risk Management and Compliance * Ensure that TPAs are following all relevant legal, regulatory, and ... TPA operations. * Drive continuous improvement initiatives. 5.Claims Oversight * Oversee the TPA ...

CoAction

Auto TPA Manager

Morristown, NJ · On-site

Risk Management and Compliance * Ensure that TPAs are following all relevant legal, regulatory, and ... TPA operations. * Drive continuous improvement initiatives. 5.Claims Oversight * Oversee the TPA ...

AIG

Actuary - Risk Management

Parsippany, NJ · On-site

$120K - $150K/yr

We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to ...

M&T Bank

Branch Manager

Gillette, NJ · On-site

Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...

M&T Bank

Branch Manager

Gillette, NJ · On-site

Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...

AIG

Associate Actuary - Risk Management

Parsippany, NJ · On-site

$115K - $145K/yr

We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to ...

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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 29, 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 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $124,724 per year, or $60 per hour.

FS/ Anti-Fraud Risk Management - Principal, Business Consulting

Infosys Limited Digital

Bridgewater, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Job description

Job details
Job Role
Principal - 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
146469BR
Salary min
154375
Salary max
193125
Position : Anti-Fraud Risk Management Principal
About the Role
As a Principal, you will lead and manage delivery of engagements, being responsible for quality, budget and staffing, working closely with senior client stakeholders to develop anti-fraud strategies to enhance their fraud risk management programs. You will contribute to the firm's development by guiding and mentoring teams and sharing knowledge. You will be recognized as an expert in your respective domain and contribute to advancing Infosys Consulting's thought leadership in the industry.
Role expects you to
  • Lead teams to evaluate and design fraud risk management strategies, building target operating model, technology solution strategy, fraud function analytics, and modernizing fraud operations.
  • Leverage modern technologies including the build and use of AI/ML models that can detect possible fraud scenarios from client onboarding through to transactions
  • Strong understanding of Fraud Data and ability to interpret data to infer fraud scenarios
  • Develop controls to improve processes and enhanced fraud risk management
  • Provide thought leadership and guidance on how to transform fraud prevention programs.
  • Conduct design thinking workshops to improve fraud risk management strategies with anti-fraud business stakeholders
  • Monitor regulatory changes and emerging technologies that impact the industry, advising clients on necessary adjustments to their fraud risk programs.
  • Lead client and engagement teams in successfully delivering anti-fraud technology solutions using vendor solutions such as Pega, ServiceNow, Quavo, Orbograph etc.
  • Access current state anti-fraud detection and controls and help define a future state solution that includes Fraud operations.
  • Direct teams of global consulting, IT professionals & subject matter experts in establishing comprehensive business and functional requirements, then translating those requirements into actionable project initiatives with associated metrics
  • Collaborate with client functions (Business, first line of defense, Compliance Risk Management and Regulatory Affairs) to assess impact of a specific regulation on existing policies, risks and controls
  • Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation

Practice Development
  • Provide insights on new and emerging technologies, best practices and contribute to the development of service offerings
  • Work with other practice members to support Infosys Consulting thought leadership activities and develop innovative assets, including differentiated points of view and methodologies
  • Build social networks that enable knowledge and information flow and stay abreast of developments in Anti-Financial Crime expertise areas
  • Prepare thought papers and participate in industry conferences and forums
  • Contribute to practice growth and vitality through roles such as recruitment, training and retention
People Management
  • Coach and develop junior team members to deliver quality results and promote professional development
  • Participate in and contribute to practice training activities
Business Development
  • Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts
  • Develop and build relationships at senior management and CXO levels
  • Formulate and present Infosys Consulting propositions and service offerings
Basic Qualifications
  • 10+ years of experience in Financial Services with at least 5 years of experience Fraud Risk management consulting roles
  • Deep domain knowledge of fraud operating models, governance structures, designing fraud risk management processes and related technologies.
  • Expertise in Anti-Money Laundering, Know your Customer (KYC), Anti-Fraud, FIU Investigations and Suspicious Activity Reporting (SAR)
  • Experience with implementation of one or more of the conventional Anti-fraud tools e.g. Actimize, Pega, Quavo etc.
  • Good understanding of dispute intake to resolution and back-office fraud operations including the investigations will be a good addition.
  • Demonstrated ability in defining, mobilising and delivering complex change programs in large organisations
  • Strong background of leading teams, comprising both IT and business specialists
  • A demonstrable ability to turn business requirements into technology solutions with the commercial acumen to create supporting business cases
  • Excellent presentation and facilitation skills with ability to build relationships at senior management and CXO levels
  • Successful business development history including exposure to each of the various aspects of a typical sales cycle
  • All candidates must be willing and able to travel up to 100%, depending on client requirements
Preferred Qualifications
  • MBA or equivalent advanced degree, Industry accredited certifications like CFE, ECICFM etc.
  • Experience in leveraging advanced AI/ML technologies and analytics to reduce false positives or automate disposition of alerts will be a plus
  • Experience of leading programs where stakeholder engagement is a key requisite to achieving successful program/project delivery
  • Proven ability to deliver under tight deadlines and challenging constraints
  • Ability to collaborate within the firm and leverage existing resources
  • Demonstrate thought leadership, ability to conceptualize and drive new solution / service offerings and take them to market
  • Ability and willingness to work as part of a cross-cultural team including flexibility to support multiple time zones when necessary
  • 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.
The Target Annual Compensation Range for this Role is $154,375 to 193,125
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

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 Palo Alto.
Visit www.infosys.com/services/consulting for more information.
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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