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

Clinical Field Trainer

Kennewick, WA · On-site

$55K - $60K/yr

... operational third rider shift; Benchmark II testing of the new hire clinician at 4-10 weeks from ... Ensure adherence to LFN safety and risk management culture as outlined in Safety and Risk ...

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Operational Risk Manager information

See Kennewick, WA salary details

$47.6K

$122.3K

$240.2K

How much do operational risk manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for operational risk manager in Kennewick, WA is $122,332.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $161,100.00 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.

What job categories do people searching Operational Risk Manager jobs in Kennewick, WA look for? The top searched job categories for Operational Risk Manager jobs in Kennewick, WA are:
What cities near Kennewick, WA are hiring for Operational Risk Manager jobs? Cities near Kennewick, WA with the most Operational Risk Manager job openings:
Business Operations Manager

Business Operations Manager

Inomedic Health Applications, Inc

Richland, WA • On-site

$105K - $120K/yr

Full-time

Re-posted 7 days ago


Job description

The Business Operations Manager serves as an authority on complex government contracting activities. This role requires a high-level understanding of Federal Acquisition Regulation (FAR), Department of Energy Acquisition Regulation (DEAR), and other federal, state, and local contracting requirements. The Business Operations Manager provides strategic guidance in the competitive procurement processes as well as other business operations activities.
This position contributes to ensuring that contractual commitments meet regulatory standards and provide value to Inomedic Health Applications (IHA) Corporate Office, Hanford Occupational Medical Services (OMS), One Hanford contractors, and the U.S. Department of Energy.
Requirements
Duties / Responsibilities
The Business Operations Manager is responsible for the following:
  • Serve as a subject matter expert for procurement and contracting activity, with a focus on federal government requirements.
  • Interpret, apply, and enforce federal statutes, regulations, and DOE requirements, using professional judgment to guide decisions.
  • Provide guidance and foster collaboration within the Business Operations team to achieve departmental goals.
  • Oversee the creation, review, and issuance of Requests for Proposals (RFPs), Requests for Quotes (RFQs) and contract modifications for government contracts.
  • Maintain meticulous documentation and audit-ready records, ensuring precision, accuracy, and traceability in all work.
  • Support collaboration within the Business Operations team and contribute to staff development through knowledge sharing and training.
  • Drive internal process integrity by setting high standards for attention to detail, documentation completeness, and procedural accuracy.
  • Act as a liaison between internal teams, external clients, subcontractors, and the corporate office to ensure continuity and compliance in all activities.
  • Ensure financial accuracy and integrity within business operations, including coordination with both internal and external stakeholders.
  • Help prepare for internal and external audits, ensuring all documentation and processes are in compliance.
  • Participate in the review and enhancement of contract management processes, incorporating best practices and lessons learned.

Qualifications
Minimum Requirements:
  • Minimum of five (5) years of recent experience in contract and subcontract administration, ideally within a government contracting environment.
  • Bachelor's degree in Business Administration, Contract Management, or a related discipline from an accredited institution.
  • Demonstrated excellence in written and verbal communication, with strong attention to detail.

Knowledge / Skills / Abilities:
  • Ability to analyze complex contract language, identify risk, and ensure strict compliance and documentation accuracy.
  • Expert-level attention to detail, with ability to identify discrepancies, compliance gaps, and procedural issues before they escalate.
  • Proficiency with MS Office Suite and Deltek Costpoint.
  • Strong analytical, organizational, and problem-solving abilities.

Typical Physical Demands & Work Environment
The physical demands and work environment characteristics described here represent those necessary to successfully perform essential job functions. Reasonable accommodations may be made.
Physical Demands:
Requires extended periods of sitting or standing, manual dexterity for office equipment, and ability to work at a computer for long durations.
Frequent interaction with staff, clients, government representatives, and external stakeholders; work may be fast-paced or stressful at times.
Note: This job description is not intended to be all-inclusive. The employee may perform other duties as needed to support evolving organizational needs.
Salary Description
$105,000-$120,000