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Operational Risk Manager Jobs in Lancaster, SC (NOW HIRING)

Risk Insurance Manager ASSA ABLOY Entrance Systems, Pedestrian Door Solutions Join the industry ... Collaborate with legal, finance, HR, and operations teams to identify and mitigate risk. * Monitor ...

Risk Insurance Manager ASSA ABLOY Entrance Systems, Pedestrian Door Solutions Join the industry ... Collaborate with legal, finance, HR, and operations teams to identify and mitigate risk. * Monitor ...

This role supports the Third Party Risk Management (TPRM) program by identifying risks, documenting ... Identify and document security, compliance, and operational risks and translate findings into ...

AVP, AI Risk and Governance

Fort Mill, SC · On-site +1

$117K - $195K/yr

This role involves managing and establishing AI governance frameworks, performing risk assessments ... Advanced level understanding of AI technologies, models and operational risks in the use of AI ...

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Operational Risk Manager information

See Lancaster, SC salary details

$40.1K

$102.9K

$202.1K

How much do operational risk manager jobs pay per year?

As of Jul 18, 2026, the average yearly pay for operational risk manager in Lancaster, SC is $102,945.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,700.00 and $135,600.00 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.

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

Risk & Insurance Manager

Assa Abloy

Monroe, NC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


Job description

Risk Insurance Manager
ASSA ABLOY Entrance Systems, Pedestrian Door Solutions
Join the industry leader in automated door solutions! ASSA ABLOY Entrance Systems is a global manufacturer committed to creating safe, secure, and efficient entrance systems for people worldwide. We specialize in automated pedestrian, industrial, and high-performance door solutions, operating in over 100 countries.
Why Join ASSA ABLOY Entrance Systems?
At ASSA ABLOY, we offer more than a job - we provide an environment for growth, innovation, and meaningful contributions. Here's why our team loves being part of ASSA ABLOY:
1. Comprehensive Benefits
Enjoy competitive pay, robust health insurance options, and retirement plans. Your well-being matters to us, which is why we also offer PTO, holidays, and additional perks like tuition reimbursement and service awards.
2. Meaningful Impact
Your work will directly impact customers in industries such as healthcare, transportation, and retail by delivering sustainable, customized door solutions. Whether you're solving complex technical challenges or collaborating with contractors, every task helps build safer, more efficient spaces.
3. Career Growth & Development
We invest in you from day one. We provide well-defined career paths with regular performance reviews and opportunities for promotion. Participate in programs designed to develop your leadership skills and prepare you for management roles. Explore different roles within the company to find the best fit for your skills and interests.
The Role:
The Risk and Insurance Manager is responsible for overseeing the organization's risk management and insurance programs. This strategic role involves close collaboration with brokers, carriers, and internal stakeholders to ensure optimal coverage, cost efficiency, and effective claims management-particularly in the area of workers' compensation. The ideal candidate will bring deep industry knowledge, strong analytical skills, and a proactive approach to mitigating risk across the business.
Key Responsibilities:
  • Develop, implement, and manage the company's risk management and insurance strategies.
  • Serve as the primary liaison with insurance brokers and carriers to negotiate coverage terms, renewals, and claims.
  • Oversee the administration and resolution of workers' compensation claims, ensuring compliance with applicable laws and internal policies.
  • Evaluate and resolve workers' compensation claims where appropriate, in collaboration with HR and legal.
  • Analyze insurance coverage and risk exposure to recommend appropriate levels of protection.
  • Manage insurance certificates, policy documentation, and ensure timely renewals.
  • Collaborate with legal, finance, HR, and operations teams to identify and mitigate risk.
  • Monitor industry trends and regulatory changes that may impact the company's risk profile.
  • Prepare and present risk and insurance reports to senior leadership.
  • Lead internal training and awareness initiatives related to risk and insurance practices.

What You Will Need:
  • Bachelor's degree in Risk Management, Business Administration, Finance, or a related field.
  • 5-7 years of experience in risk management and insurance, including direct experience with brokers, carriers, and workers' compensation claims.
  • Strong knowledge of insurance products, risk assessment methodologies, and claims handling procedures.
  • Excellent negotiation, communication, and interpersonal skills.
  • Ability to manage multiple priorities and work collaboratively across departments.
  • Proficiency in Microsoft Office Suite and risk management software/tools.

Preferred Qualifications
  • Professional certifications such as ARM (Associate in Risk Management), CPCU (Chartered Property Casualty Underwriter), or similar.
  • Experience in a manufacturing, logistics, or industrial environment.
  • Familiarity with international insurance programs and global risk management practices.

What We Offer:
Comprehensive Benefits
  • Health, dental, and vision plans
  • 401(k) with company matching
  • Short- and long-term disability, life, and accidental insurance
  • 15 PTO days and 11 paid holidays

Work-Life Balance
  • Flexible scheduling for when life happens.

Ongoing Training & Recognition
  • Get up to speed quickly with our structured onboarding process.
  • Access to online courses to keep your skills sharp and up to date.
  • Learn from experienced colleagues and industry experts.
  • Length of Service awards to celebrate your milestones.

Our Commitment to Diversity & Inclusion:
ASSA ABLOY fosters a workplace where everyone feels valued, respected, and included. We celebrate diversity and strive for equity in all aspects of our organization. Together, we innovate and create solutions that serve our global community.
We are the ASSA ABLOY Group
Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces - physical and virtual - safer, more secure, and easier to access.
As an employer, we value results - not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions - supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.
As we welcome new people on board, it's important to us to have diverse, inclusive teams, and we value different perspectives and experiences.