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Operational Risk Manager Jobs in La Plata, MD (NOW HIRING)

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Operational Risk Manager information

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$47.1K

$121K

$237.6K

How much do operational risk manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for operational risk manager in La Plata, MD is $121,005.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,700.00 and $159,400.00 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 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.

More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in La Plata, MD look for? The top searched job categories for Operational Risk Manager jobs in La Plata, MD are:
What cities near La Plata, MD are hiring for Operational Risk Manager jobs? Cities near La Plata, MD with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you

Configuration and Risk Manager

DCS Corporation

Quantico, VA • On-site

Full-time

Posted 3 days ago

New

Job description

DCS is looking for an analyst to provide engineering and analytical support for CM and Risk Management (RM) operations. 

Essential Job Functions:

CM operation tasks include:

maintenance of the CM Plans; analyzing CM processes; conducting in-depth analysis; developing measurements to monitor CM process key phases; managing CCB; managing Configuration Review Board (CRB); review drawings; review CM CDRLs; review ECPs; review TDP

assisting in organizing and managing the PM AAA internal CCBs process. 

evaluating program artifacts and maintain and update a repository of ECPs and Deviations based on CCB results. 

supporting the conduct of Functional and Physical Configuration Audits. 

supporting engineering and technical assessments of Technical Reviews in the following areas: assisting the Government in preparing for the reviews; providing comments and adjudications to action items assigned during the reviews; and providing a status of action items through close out.

RM operation tasks include:

maintaining the RM Plan and process; analyzing RM processes; conducting in-depth analysis; developing measurements to monitor key RM process phases; assessing PQDRs; 

assisting in organizing and managing the PM AAA internal Risk Management Board (RMB) process. 

evaluating program artifacts and maintain and update a repository of Risk and risk mitigations based on RMB results.

Required Skills:

Due to the sensitivity of customer related requirements, U.S. Citizenship is required.

Bachelor's Degree and 4+ years of related professional experience. 

SECRET clearance is required.

Experience performing RM and CM in support of an ACAT Level I - III program of record. 

Conducted in-depth analysis of RM processes, developing measurements to monitor key phases of RM, and maintaining RM Plans. 

Organized and managed the Internal Risk Management Board process and maintained currency of a Risk Registry and associated mitigation strategies. 

Assessed PQDRs and delivered reports to the customer that provide status updates and track action items resulting from technical assessments and reviews. 

Conducted in-depth analysis of CM processes, developing measurements to monitor key phases of CM, and maintaining CM Plans. 

Reviewed and evaluated program artifacts (drawings, vendor deliverables, ECPs, and TDPs), and coordinated and participated in engineering and technical assessments.

Organized and managed CRBs and CCBs, conducted FCAs and PCAs, and maintained currency of an ECP and Deviation repository based on results from these events. SECRET clearance.

Employment Type: Full Time
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About DCS

Sourced by ZipRecruiter

DCS Corp is a renowned name in the technology industry, headquartered in Alexandria, VA, US. Found in the late 1970s, DCS Corp provides a broad spectrum of advanced technology, engineering, and analytic solutions for national security clients. The firm specializes in delivering sophisticated systems and technology for land, air, and maritime platforms. They are known for being deeply committed to their mission of enhancing national security.

Industry

Guided missile and space vehicle manufacturing

Company size

1,001 - 5,000 Employees

Headquarters location

Alexandria, VA, US

Year founded

1977

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