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Operational Risk Manager Jobs in Issaquah, WA (NOW HIRING)

King County's Office of Risk Management Services (ORMS) is seeking a Risk Insurance Program Manager ... Make policy decisions and recommendations on office operations and procedures. * Supervise the work ...

Sr. Risk Manager, Relay Product and Tech

Bellevue, WA · On-site

$142K - $188K/yr

... of risk management, regulatory compliance, and automation-supplementing product teams where ... You'll partner across RPE, Relay Trust, Legal, Loss Prevention, and Operations teams globally. Key ...

Showing results 21-40

Operational Risk Manager information

See Issaquah, WA salary details

$54.2K

$139.2K

$273.3K

How much do operational risk manager jobs pay per year?

As of Aug 22, 2026, the average yearly pay for operational risk manager in Issaquah, WA is $139,215.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,800.00 and $183,400.00 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 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 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 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 job categories do people searching Operational Risk Manager jobs in Issaquah, WA look for?

The top searched job categories for Operational Risk Manager jobs in Issaquah, WA are:

What cities near Issaquah, WA are hiring for Operational Risk Manager jobs?

Cities near Issaquah, WA with the most Operational Risk Manager job openings:

Risk Insurance Program Manager

NACBA

Seattle, WA • On-site

$110 - $150/hr

Other

Posted 17 days ago


Job description

King County’s Office of Risk Management Services (ORMS) is seeking a Risk Insurance Program Manager to perform a range of duties vital to insurance program development and maintenance, contractual risk transfer formulation tailored to various County engagements, and recovery claim oversight. The responsibilities of this classification include supervising assigned insurance and contract staff and providing coordination of all insurance for King County and insurance requirements for King County contracts with third parties.

This is an exciting opportunity to join the ORMS management team!

ABOUT THE OFFICE OF RISK MANAGEMENT SERVICES

The Office of Risk Management Services provides external services to the community as well as internal services to King County agencies, including:

  • Insurance: King County administers a self-insurance program and purchases a variety of other insurance policies and related services consistent with sound risk management practices and the needs of the County.
  • Contracts: ORMS advises King County agencies on insurance requirements in all types of contracts. ORMS actively negotiates these provisions and, together with the Prosecuting Attorney's Office, assists agencies in pursuing and tendering claims arising out of contractual relations.
  • Recovery Services: ORMS is charged with seeking compensation for damage caused to King County property or injury to King County employees by negligent third parties.
  • Enterprise Risk Management Program (ERM): ERM works to proactively identify and assess high priority risks and improve controls and provides relevant qualitative and quantitative data to King County departments to support their decision making and action planning.
  • Claims: King County investigates, evaluates, and resolves claims made against the county in a fair and expeditious manner.
  • Finance & Administration: provides a wide range of financial and administrative support services to the division including budget, accounting, and general office support.
  • Open Government: Seeks to deliver government transparency, accountability, and accessibility through administration of the Public Records (Disclosure) Program, Ethics Program, Financial Disclosure Program, and Lobbyist Disclosure Program.
Scope of Job Duties:

At a minimum, the successful candidate must demonstrate knowledge, skill, and ability to:

  • Manage and oversee the County’s comprehensive self-insured liability insurance program and large commercial insurance portfolio, which encompass more than 20 various types of coverage. Ensure alignment of self-insurance and commercial insurance programs with the County’s risk appetite and risk management strategies.
  • Manage and facilitate insurance broker service contracts and relationships.
  • Consult with and support client departments on how best to handle risk in alignment with the County’s risk profile, initiatives, goals, and priority areas.
  • Recommend, review, and negotiate insurance requirements and contractual risk transfer language with County attorneys, internal clients, contractors, and consultants for a range of contract types (construction, professional services, technology services, grants, leases, etc.) in support of the County’s 60+ lines of business.
  • Strategically develop boilerplate contract language for various County contracts. Develop and update policies and procedures related to contract insurance provisions.
  • Facilitate large, complex property and ancillary claims with County insurance carriers.
  • Advise County officials, employees, agents, and managers of serious or sensitive matters and collaborate on resolution of these matters.
  • Identify and coordinate loss control projects with Risk Manager and internal client departments.
  • Assist with budget development, allocations, resources, and staffing needs.
  • Make policy decisions and recommendations on office operations and procedures.
  • Supervise the work of section’s staff members. Hire, assign and schedule work; evaluate performance and initiate disciplinary action when appropriate.
  • Apply equity and social justice principles that exemplify shared values, behaviors, and practices to all aspects of this work.
Experience, Qualifications, Knowledge, Skills We are looking for candidates who:
  • Have a strong background in managing complex insurance programs for large multifaceted organizations, providing risk analysis, and contractual language review and negotiation.
  • Demonstrate excellent written and oral communication skills including the ability to present accurate, concise analysis and negotiate skillfully in complex situations with both internal County clients and external groups.
  • Have experience managing first-party and recovery claims.
  • Are an effective manager who can operate within a complex, multicultural, and diverse government environment, to include public relations and/or a related environment.
  • Have a continuous improvement mindset.
  • Demonstrate a high level of self-awareness and are comfortable with their own strengths and weaknesses.
  • Are champions for Equity and Social Justice. Understands that systemic racism and its long-term effects are pervasive in our society. Are comfortable having candid and sincere conversations with all employees about race and equity in the workplace and in the work.
  • Can persevere and adapt as required while working in a multifaceted and sometimes ambiguous environment.
  • Able to manage highly visible, complex, and sensitive projects and programs involving multiple stakeholders with conflicting priorities and political considerations.
  • Committed to supporting their team in the daily work and employee development.
  • Possess a relevant industry-related designation (e.g., ARM, CPCU, CRM).
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