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Operational Risk Manager Jobs in Holmdel, NJ (NOW HIRING)

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 ...

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 ...

Risk Manager - RCSA & Controls New York, NY Hybrid 3 days/week. We are looking for an experienced ... Identify, assess, document, and monitor operational risks and control effectiveness. * Design ...

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 ...

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 Holmdel, NJ salary details

$52.5K

$134.9K

$264.8K

How much do operational risk manager jobs pay per year?

As of Jun 12, 2026, the average yearly pay for operational risk manager in Holmdel, NJ is $134,881.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,100.00 and $177,700.00 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.
What cities near Holmdel, NJ are hiring for Operational Risk Manager jobs? Cities near Holmdel, NJ with the most Operational Risk Manager job openings:
Operational Risk Manager

Operational Risk Manager

Point72

New York, NY • On-site

$200K - $250K/yr

Other

Retirement

Posted 4 days ago


Job description

A Career with Point72's Operational Risk Team

The Operational Risk Group at Point72 is responsible for identification, monitoring, and reporting of operational risk across the firm. We also manage business continuity, third-party risks, and commercial lines of insurance (excluding employee benefits).

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, Operations, Technology, Compliance, and other functional teams to strengthen the firm's risk profile and protect its value by proactively managing risks arising from internal processes, people, systems, and external events in support of our business objectives. Specifically, you will:

  • Direct the implementation of Point72's operational risk framework.
  • Oversee the capture, investigation, and rootcause analysis of realized events, ensuring effective documentation, remediation planning, and governance reporting.
  • Lead the analysis, assessment, and continuous monitoring of operational risks across business units, including investment processes, trading operations, technology, and support functions.
  • Perform assessments of new business and critical initiatives to ensure risks are appropriately managed.
  • Support the enhancement of the firm's risk frameworks, policies, and standards, promoting a culture of risk awareness and accountability.
  • Prepare and present risk reporting for senior management and governance committees.

What's required

  • 15+ years of professional experience in risk management, auditing, or consulting.
  • Undergraduate degree in accounting, finance, conomics, computer science or engineering.
  • PRMIA Operational Risk Manager Certificate, FRM, CRISC, CISA, and/or CIA certifications.
  • Ability to build strong working relationships to drive positive change.
  • Strong analytical skills to interpret risk data and provide actionable insights.
  • Strong written and verbal communication skills.
  • Experience working with automation tools and software, such as robotic process automation (RPA) platforms, GenAI, data analytics tools, and Tableau.
  • Project management skills to assist with planning and implementing automation initiatives, including time management and organization skills.
  • Strong attention to detail and commitment to thorough analysis.
  • A self-starter who can work independently.
  • Commitment to the highest ethical standards.

We take care of our people

We invest in our people, their careers, their health, and their well-being. When you work here, we provide:

  • Fully-paid health care benefits
  • Generous parental and family leave policies
  • Volunteer opportunities
  • Support for employee-led affinity groups representing women, people of color and the LGBT+ community
  • Mental and physical wellness programs
  • Tuition assistance
  • A 401(k) savings program with an employer match and more

 

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry's brightest talent by cultivating an investor-led culture and committing to our people's long-term growth. For more information, visit https://point72.com/.

The annual base salary range for this role is $200,000-$250,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.