Operational Risk Manager Jobs in Hasbrouck Heights, NJ

The Role
About Lord Abbett:
Founded in 1929, Lord Abbett is an independent firm with a singular focus on the management of money. Over the course of our history, we've earned a sterling reputation for our leadership, influence, and innovation in the asset management industry. Today, our independent perspective, our commitment to active management, and our intelligent product design continue to make us relevant to individual and institutional investors.
From the very beginning, we've recognized that our people are our greatest asset. As an investment-led, investor-focused firm, we value intellectual curiosity, teamwork, and collaboration across the organization.
We're looking for people with a keen interest in working for a trusted leader in the asset management industry, a desire to expand their knowledge, and a passion for delivering a client experience that exceeds expectations.
Now that you know our history, are you ready to be part of our future?
Job Overview:
The Operational Resilience Risk Manager supports the Firm's Operational Resilience Framework by executing and enhancing processes designed to identify, protect, respond to, and recover from actual or potential operational disruptions. The role evaluates whether critical business services can remain within defined impact tolerances through robust business continuity planning, disaster recovery capabilities, dependency mapping, and scenario testing. This includes assessing resilience across technology, data, personnel, and third-party dependencies to ensure alignment with regulatory expectations and internal risk standards.
This role requires close coordination across Enterprise Risk Management, Technology, Operations, Compliance, and business stakeholders to maintain an integrated and enterprise-wide resilience posture. The candidate must be capable of operating independently within a Second Line of Defense model while providing structured oversight, credible challenge, and actionable reporting. Responsibilities may intersect with strategic initiatives, regulatory change, digital transformation efforts, and new product or platform implementations. Strong critical thinking, writing, presenting, and stakeholder management skills are essential. Given the dynamic nature of this role, curiosity to learn about all portions of the business and high responsiveness to internal and external events are extremely important.
We'll trust you to:
Program Execution & Governance

• Support the execution and continuous enhancement of the Firm's Operational Resilience Framework, including Business Continuity, Disaster Recovery, and Crisis Management programs along with associated policies, standards, methodologies, and supporting procedures.
• Maintain and refine governance structures supporting Operational Resilience, including as chair of the Enterprise Resilience Council, working groups, and escalation forums.
• Partner with business units and technology teams to guide development and maintenance of Business Continuity Plans (BCPs), Disaster Recovery (DR) strategies, and Area Response Plans.
• Deliver training and awareness sessions to strengthen accountability for resilience preparedness across the Firm.
• Ensure program alignment with evolving regulatory guidance (eg. Reg S-P, DORA), supervisory expectations, industry standards (e.g., ISO 22301, NIST), internal risk appetite, and business strategy.

Business Impact Analysis, Testing, and Reporting

• Conduct and maintain Business Impact Analyses (BIAs) within the Business Continuity Management (BCM) platform to identify Important Business Services and Critical Processes.
• Map dependencies across technology, personnel, data, facilities, and third parties to assess operational interconnectivity and concentration risk.
• Coordinate and document resilience testing activities, including enterprise tabletop exercises, business continuity tests, disaster recovery tests, and emergency notification exercises.
• Document testing outcomes, identify control gaps, and track remediation efforts to closure.
• Support fund board and executive management reporting and preparation of materials for governance committees, external assessments, and regulators.
• Develop and maintain resilience metrics, dashboards, and Key Risk Indicators (KRIs) to provide transparency into operational risk exposure.

Crisis Management, Incident Response, Threat Intelligence

• Support oversight of Crisis Management and Incident Response across the firm.
• Assist in response coordination during material operational incidents and perform post-incident analysis / After-Action Reviews to strengthen future response capabilities.
• Leverage Threat Intelligence resources to identify systemic themes or recurring vulnerabilities impacting the industry and escalate material risks through appropriate governance channels.
• Ability to quickly consume and analyze emerging and current events that may impact operations across the firm.

You'll need to have:

• Strong knowledge of Operational Resilience frameworks, Business Continuity Management, Disaster Recovery, and Crisis Management.
• Working knowledge of regulatory frameworks applicable to asset managers (e.g., SEC, DORA, NIST, ISO standards).
• CBCP, ABCP, CompTA SEC+ or other relevant resilience or risk certifications.
• Understanding of operational risk disciplines including risk assessment, risk taxonomy, issue management, and metrics development.
• Veterans Welcomed: Experienced Non-Commissioned Officers or Officers are highly encouraged to apply. Experience in crisis management and detailed contingency planning are beneficial.
• Education: Employer seeks individuals with a bachelor's degree, with a graduate degree in a relevant field preferred.
• Communication skills: In executing their duties, this role must communicate with various audiences, including business leaders, clients, team members, and engineers. It is important that they have great verbal communication skills to convey information to the relevant audience. They also require exceptional written communication, documentation, and reporting skills.
• Teamwork abilities: The candidate is expected to work with various multi-disciplinary teams, so it is vital that they are team-oriented individuals with priority on the successful completion of group goals.
• Excellent analytical and troubleshooting skills: It is also essential that applicants have the necessary skills to constantly monitor the process to identify emerging gaps or issues and proactively execute changes.

Why Lord Abbett?
Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.

• Principles-Based - We empower our leaders to create an environment of trust.
• Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
• Purpose-Driven - We instill a passion for always putting our clients' interests first.

We were honored to be ranked #1 in Barron's Best Fund Families for 2024 and to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.
Compensation Information: Annual base salary for this role is $150,000-$190,000. Salary is estimated for this role. Actual pay may be different.
Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.
Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett
Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant's relevant experience, skills and qualifications.
Important notice to Search Firms - Please Read CarefullyWithout prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider ("Search Firms") for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.