1

Operational Risk Manager Jobs in Irvine, CA (NOW HIRING)

Internal Audit - Risk Manager

Irvine, CA · On-site

$101K - $113K/yr

This includes identification, assessment, monitoring, and reporting of strategic, operational ... Integrate risk management with internal controls, ISO frameworks, and business continuity ...

Responsible for the development of an operational model validation process to ensure alignment with the Capital Plan. * Responsible for the annual Risk Management schedule in collaboration with ...

next page

Showing results 1-20

Operational Risk Manager information

See Irvine, CA salary details

$50.4K

$129.6K

$254.4K

How much do operational risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for operational risk manager in Irvine, CA is $129,564.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,900.00 and $170,700.00 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 are the most commonly searched types of Operational Risk jobs in Irvine, CA? The most popular types of Operational Risk jobs in Irvine, CA are:
What job categories do people searching Operational Risk Manager jobs in Irvine, CA look for? The top searched job categories for Operational Risk Manager jobs in Irvine, CA are:
What cities near Irvine, CA are hiring for Operational Risk Manager jobs? Cities near Irvine, CA with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Irvine, CA as of June 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $129,564 per year, or $62.3 per hour.
Director of Risk Management

Director of Risk Management

County of Orange

Santa Ana, CA

$154K - $214K/yr

Full-time

Posted 16 days ago


Job description

CAREER DESCRIPTION Director of Risk Management (Risk Management Deputy Director) Salary may be negotiable within the range listed above, based on position requirements and successful candidate's qualifications, subject to appropriate authorization. OPEN TO THE PUBLIC This recruitment will establish an open eligible list that will be used to fill current and future Risk Management Deputy Director positions. The eligible list established may also be used to fill positions in similar and/or lower classifications throughout the County of Orange.

DEADLINE TO APPLY This recruitment will be open for a minimum of five (5) business days and will close on Monday, June 15th, 2026, at 11:59 P.M. (PST). SPECIAL APPLICATION PROCESS To apply for this position, please submit your detailed professional resume along with any relevant Bachelor's or Master's degrees that pertain to the role

(Foreign degrees require an evaluation of U.S. equivalency by an agency that is a member of the National Association of Credential Services (N.A.C.E.S.) COUNTY EXECUTIVE OFFICE - RISK MANAGEMENT The County Executive Office - Risk Management Division preserves and protects the human and capital assets of the County of Orange to allow County departments and agencies to meet their missions without unnecessary cost. Each of the seven programs within this division are designed to promote the prudent financial management of funds entrusted to the County of Orange for the provision of its services to the public

For more information, please visit CEO Risk Management or the County website. THE OPPORTUNITY The County Executive Office (CEO) is seeking an experienced, innovative, and strategic leader to serve as the Director of Risk Management for the County of Orange. This high-level leadership position is responsible for planning, directing, organizing, and evaluating the County's comprehensive risk management operations, including workers' compensation, liability claims administration, insurance programs, safety and loss prevention initiatives, and ADA Title 2 compliance.

The Director of Risk Management will provide strategic guidance to executive leadership, County departments, and elected officials regarding risk financing, claims management, regulatory compliance, and operational risk mitigation. This position requires a collaborative leader capable of balancing operational effectiveness, fiscal responsibility, customer service, and organizational accountability. The Director of Risk Management reports directly to executive leadership within the County Executive Office and serves as a key advisor on complex and politically sensitive matters involving County risk exposure and liability.

Primarily responsibilities include, but are not limited to: Directing and administering the County's comprehensive risk management and safety & loss prevention programs. Overseeing workers' compensation claims administration, public tort liability claims & litigation, ADA Title 2 compliance, property, and County insurance program administration functions. Developing strategic initiatives to reduce risk exposure and improve operational effectiveness.

Evaluating and recommending risk financing strategies, including self-insurance and commercial insurance programs. Directing litigation management activities in coordination with Board of Supervisors third-party administrators, and outside legal counsel. Providing executive-level guidance regarding claims trends, actuarial analysis, regulatory compliance, and loss prevention strategies.

Managing departmental budgets, financial forecasting, policies, procedures, and operational standards to support continuous improvement. Collaborating with County departments, executive leadership, elected officials, and stakeholders to mitigate risk, promote operational excellence, and develop staff. DESIRABLE QUALIFICATIONS & CORE COMPETENCIES The ideal candidate will possess a Bachelor's degree in Business Administration, Public Administration, Risk Management, Finance, Industrial Safety, or a closely related field, along with at least five (5) years of progressively responsible professional experience involving the planning, administration, and oversight of a comprehensive risk management program, including at least three (3) years of supervisory or management experience leading professional staff and complex operational programs.

While not required, Associate in Risk Management (ARM) is highly preferred. In addition, the ideal candidate will possess extensive experience and knowledge in the following core competencies: Technical Knowledge | Technical Experience Extensive experience developing and implementing safety, loss prevention, and risk reduction strategies within a complex organization. Knowledge of federal and state occupational safety regulations, compliance standards, and industry best practices.

Experience evaluating operational risks, minimizing liability exposure, and implementing corrective actions and safety initiatives. Comprehensive understanding of public sector risk management principles, including risk financing, self-insurance, commercial insurance procurement, and contractual risk transfer requirements. Knowledge of actuarial principles, statistical analysis, self-insurance funding methodologies, and rate-setting practices.

Extensive experience managing workers' compensation and public liability claims, including collaboration with legal counsel and third-party administrators to improve claims outcomes and reduce organizational exposure. Problem Solving | Decision Making Skills Researches, analyzes, and applies operational and financial data to support informed decision-making and strategic planning. Evaluates complex operational, financial, and organizational issues while developing effective solutions and recommendations for executive leadership.

Identifies opportunities for improvement and implements innovative strategies that drive operational efficiency and measurable results. Exercises sound judgment and strategic thinking while balancing competing priorities and maintaining focus on long-term organizational goals. Oral | Written Communication Skills Communicates complex information clearly, concisely, and persuasively both verbally and in writing.

Effectively collaborates with executive leadership, elected officials, County departments, and external stakeholders. Prepares and delivers presentations, reports, policy recommendations, and executive briefings, including on politically sensitive matters. Builds collaborative relationships while demonstrating professionalism, diplomacy, transparency, and sound judgment in all communications.

Leadership Skills Proven success leading complex operational programs and managing competing organizational priorities. Experience developing short- and long-term goals with measurable outcomes and performance indicators. Demonstrated ability to supervise, mentor, and motivate professional and management staff.

Ability to foster a collaborative, results-oriented work environment while promoting continuous improvement and organizational change. Strong leadership and interpersonal skills with the ability to delegate effectively, maintain accountability, and build consensus across departments and stakeholder groups. MINIMUM QUALIFICATIONS Please click here for details on this classification, including the physical, mental, environmental and working conditions.

RECRUITMENT PROCESS Human Resource Services (HRS) will screen all application materials to identify qualified applicants. After screening, qualified applicants will be referred to the next step and notified of all further procedures applicable to their status in the competition. Application Screening (Refer/Non-Refer) Applications and supplemental responses will be screened for qualifications that are highly desirable and most needed to successfully perform the duties of this job.

Only those applicants that meet the qualifications as listed in the job bulletin will be referred to the next step. Structured Oral Interview | SOI (Weighted 100%) Applicants will be interviewed and rated by an oral interview panel of job knowledge experts. Each applicant's rating will be based on responses to a series of structured questions designed to elicit the applicant's qualifications for the job.

Only the most successful candidates will be placed on the eligible list. Eligible List Once the assessment has been completed, HRS will establish an eligible list of candidates. Candidates placed on the eligible list may be referred to a selection interview to be considered for present and future vacancies.

Based on the Department's needs, the selection procedure listed above may be modified. All candidates will be notified of any changes in the selection procedure. Veterans Employment Preference The County is committed to providing a mechanism to give preferential consideration in the employment process to veterans and their eligible spouses and will provide eligible participants the opportunity to receive interviews in the selection process for employment and paid internship openings.

Please click here to review the policy. ADDITIONAL INFORMATION EMAIL NOTIFICATION Email is the primary form of notification during the recruitment process. Please ensure your correct email address is included in our application and use only one email account.

NOTE: User accounts are established for one person only and should not be shared with another person. Multiple applications with multiple users may jeopardize your status in the recruitment process for any positions for which you apply. Candidates will be notified regarding their status as the recruitment proceeds via email through the GovernmentJobs.com site

Please check your email folders, including spam/junk folders, and/or accept emails ending with "governmentjobs.com" and "ocgov.com." If your email address should change, please update your profile at www.governmentjobs.com. FREQUENTLY ASKED QUESTIONS Click here for additional Frequently Asked Questions. For specific information pertaining to this recruitment, contact Aniko Ruha at aniko.ruha@ceo.oc.gov or (714)-834-7370

EEO INFORMATION Orange County, as an equal employment opportunity employer, encourages applicants from diverse backgrounds to apply.