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

Deloitte

Payments Fraud Manager 1

Costa Mesa, CA

Payments Fraud Manager - Forensic Investigations and Fraud - Financial Services About Deloitte ... Advise on opportunities for process improvement and operational risk reduction. * Payments ...

Newegg

Director, Risk Management

Diamond Bar, CA · On-site

Partner closely with Legal, HR, IT, Finance, and Operations leadership to guide risk-related ... Lead renewal strategies, negotiations, and claims management with brokers and carriers. * Analyze ...

JD.com

Loss Prevention & Security Manager-US

Chino, CA

$55K - $75K/yr

End-to-End Risk Management * Audit & Compliance Oversight * Operational Assurance: Supporting Global Business Resilience About You * Bachelor's degree in Safety Management, Security, Logistics ...

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All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Irvine, CA

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.
More about Operational Risk Manager jobs
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:
Operational Risk Manager jobs near you
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.
Manager, Risk Management

Manager, Risk Management

SchoolsFirst Federal Credit Union

Tustin, CA • On-site

Full-time

Posted 9 days ago

SchoolsFirst Federal Credit Union rating

8.6

Company rating: 8.6 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

We're always looking for diverse, talented, service-oriented people to join our exceptional team.
Manager, Risk Management
The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range:
$129,880.00 - $214,303.00
Scheduled Weekly Hours:
40
What You'll Be Doing
Responsible for the management of the organization's Enterprise Risk Management program in which risks (e.g., Operations, Compliance, Information Technology, Vendor) and controls within business units are identified and documented and recommendations of enhancement to improve the effectiveness of risk management efforts across the organization are communicated.
  • Oversees and provides direction to departments regarding risk exposure by participating in risk assessments, analysis of process work flows, procedure review, monitoring risk measures to identify potential gaps and weaknesses in order to submit recommendations for change. Follows up with business units to ensure resolution or escalation of identified risk gaps occurred.
  • Conducts risk analysis throughout the organization to ensure risk data is captured, risk mitigation strategies and controls are developed, and appropriate reporting mechanisms are in place for each business unit.
  • Oversees the implementation and administration of the risk management software system and program to implement a qualitative and quantitative risk analysis approach, identify potential issues and recommend changes to senior management in support of organizational goals and objectives. Interprets findings and assists with the creation of individualized action plans for gaps or issues of concern or exposure. Produce summaries reflecting relative risk rakings, background and status.
  • Manages the communication of the Risk Management program mission and value proposition to business units and establish productive working relationships with business unit leadership team responsible for risk related activities.
  • Oversees the development /processes and procedures by which risks can be identified, assessed, tracked and communicated to all appropriate stakeholders on a recurring basis.
  • 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 Internal Audit and Compliance to avoid any duplication of efforts and provide clear direction to management and leadership of scope for the year.
  • Develops and implements key performance metrics to measure and monitor risk levels and trends and ensure that documentation and design controls are appropriate for business unit.
  • Partners with audit and compliance to review and record credit union practices and the development of policies and procedures for loss prevention and risk controls.

Additional Job Functions
  • Provides daily support to staff, including answering questions and problem resolution, communicating job expectations; planning, monitoring, and appraising job results; training, coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards.
  • Accomplishes financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures and analyzing variances.
  • Contributes to organizational goals and priorities as a member of Management team. Establishes and implements plans that have short-term (1-2 year) impact on business results in alignment with organization objectives.
  • Evaluates operating procedures and policies, ensuring the highest levels of Member service, productivity and internal control.
  • Initiates, researches, coordinates and implements department or division projects intended to benefit Members, internal teammembers or department operations.
  • Ensures compliance with state and federal laws as well as any other applicable regulations.
  • Understands the credit union organizational goals and key performance indicators and takes the necessary actions to achieve desired results.
  • Performs other duties as assigned
  • Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions

Qualifications
  • High School Diploma or GED required
  • Bachelor's Degree or equivalent years of experience preferred
  • 5-7 years of previous related experience required
  • 1-3 years previous management experience required

Knowledge, Skills, and Abilities
  • Experience in enterprise risk management, audit, financial services compliance, credit union / bank operations, process engineering or risk management within the financial services industry.
  • In-depth knowledge of risk management tools.
  • Knowledge and familiarity with Information Security and other IT applications.
  • Project management experience.
  • Strong quantitative research and analysis skills combined with analytical inquisitiveness and problem solving ability.
  • Ability to review large data sets and identify key data issues clearly and draw meaningful conclusions.
  • Communicate effectively verbally and in writing.

SchoolsFirst FCU is committed to Diverse, Equitable, and Inclusive Hiring
At SchoolsFirst FCU we are dedicated to building and growing a diverse, inclusive, and authentic Dream Team, so if you're excited about a position or wanting to make a career change but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. Many skills are transferrable and you may be just the right candidate for the position, or for other roles we are working on.
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.

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