ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Irving, TX (NOW HIRING)

OMS MEDICAL BILLING LLC

Risk Manager

Addison, TX

$50K/yr

... operations, and external advisors to ensure comprehensive risk transfer strategies, claims ... Claims Management: Coordinate with insurance carriers and legal counsel on malpractice claims ...

next page

Showing results 1-20

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Irving, TX

Operational Risk Manager information

See Irving, TX salary details

$43.6K

$112K

$220K

How much do operational risk manager jobs pay per year?

As of Jul 26, 2026, the average yearly pay for operational risk manager in Irving, TX is $112,050.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,200.00 and $147,600.00 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 is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

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 certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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.

More about Operational Risk Manager jobs
What are the most commonly searched types of Operational Risk jobs in Irving, TX? The most popular types of Operational Risk jobs in Irving, TX are:
What job categories do people searching Operational Risk Manager jobs in Irving, TX look for? The top searched job categories for Operational Risk Manager jobs in Irving, TX are:
What cities near Irving, TX are hiring for Operational Risk Manager jobs? Cities near Irving, TX with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Irving, TX as of July 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $112,050 per year, or $53.9 per hour.
Risk Operations Manager

Risk Operations Manager

Fidelity Investments

Westlake, TX • On-site

Full-time

Posted 22 days ago

Fidelity Investments rating

8.8

Company rating: 8.8 out of 10

Based on 269 frontline employees who took The Breakroom Quiz

9th of 150 rated financial services

Job description


Note: Fidelity will not provide immigration sponsorship for this position.
The Role
We are searching for a motivated individual contributor who will learn and partner with business units and vendors to conduct Fidelity's required vendor risk management process, as well as assisting with business process improvements and technical enhancements. The individual will be completing moderate to complex operational tasks and activities that assess and mitigate risk of vendors. This includes conducting tactical activities to ensure the Business is assessing the inherent risk, and vendors are providing information for risk domains' due diligence. You will also be sharing findings on the due diligence of vendors to allow business and other collaborators to make decisions in a timely manner. In addition, the incumbent will be responsible for researching issues and communicating recommended solutions to management. The individual will also be responsible for identifying process gaps and/or issues and escalating with proposed solution(s) in a timely manner.
The Expertise and Skills You Bring
  • Bachelor's degree required or equivalent (and relevant) experience
  • 5 years of experience in operations, risk, audit, compliance, or Procurement
  • Experience with vendor management or vendor risk management is a plus
  • Familiarity with Fidelity's businesses and risk programs is a plus
  • Your ability to learn quickly, uphold high performance standards and thrive in situations where ambiguity is to be anticipated
  • You coordinate and lead multiple concurrent priorities and deliver results in an accurate and timely manner while working in a fast-paced environment
  • Strong analytical, organizational, and problem-solving skills. Data analysis and visualization skills is a plus
  • Independent thinker, accountable for, and skilled in, exercising sound judgement
  • You have influencing and interpersonal relationship skills
  • You demonstrate the ability to make timely, informed decisions that advance critical priorities, capitalize on new opportunities, and resolve problems
  • High degree of integrity and strong work ethic; decisive with orientation toward results, and a positive attitude
  • You can present sophisticated information in a way that is easy for others to understand and articulate a point of view in a compelling and succinct manner
  • Work with the Businesses to understand the scope of vendor services and assess inherent risk
  • Apply sound judgment to recognize issues, assess risks, and identify items requiring intervention
  • Conduct data quality analysis and vendor challenges to ensure that all internal and vendor data is aligned
  • Leverage critical thinking and analysis skills in due diligence of the operational risk framework, evaluations, and decisioning
  • Ability to coordinate various risk groups and business partners, and facilitate discussions to complete risk tasks
  • Find opportunities to improve existing risk processes and develop new requirements for implementation
  • Perform ad hoc tasks as it relates to vendor operational risk

The Team
The Vendor Risk Management and Operations Team is responsible for supporting a framework that protects Fidelity from vendor risks throughout the vendor life cycle. The program is continually evolving to mitigate emerging risks as vendor relationships, business needs, and regulations change. The program is highly collective and requires positive relationships with business units, centralized risk teams, senior leaders, and vendor managers across the enterprise.
Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Certifications:
Category:
Risk
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

What Fidelity Investments employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply