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Operational Risk Manager Jobs in Lovington, NM (NOW HIRING)

Leads ongoing focus on risk identification and mitigation during project execution * Responsible ... Interface and coordinate with Operational and/or Contract Management to ensure delivery of ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

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Operational Risk Manager information

See Lovington, NM salary details

$50.6K

$129.9K

$255K

How much do operational risk manager jobs pay per year?

As of Jul 5, 2026, the average yearly pay for operational risk manager in Lovington, NM is $129,865.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,100.00 and $171,100.00 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 are the most commonly searched types of Operational Risk jobs in Lovington, NM? The most popular types of Operational Risk jobs in Lovington, NM are:
What job categories do people searching Operational Risk Manager jobs in Lovington, NM look for? The top searched job categories for Operational Risk Manager jobs in Lovington, NM are:
What cities near Lovington, NM are hiring for Operational Risk Manager jobs? Cities near Lovington, NM with the most Operational Risk Manager job openings:
Project Manager

Project Manager

Wood Plc

Seminole, TX • On-site, Remote

Other

Posted 3 days ago


Job description

Overview / Responsibilities

Wood is currently recruiting for a Project Manager to support our Facilities Construction Group. The position has a broad scope therefore the successful candidate will be required to be based in the United States (no relocation assistance is provided), with the ability to travel nationwide up to 25% of the time. The ideal candidate would be based near Seminole, TX, however remote work is possible. 

Authorization to work lawfully in the US without sponsorship from Wood is required

Create delivery excellence across assigned project/portfolio, provide certainty and confidence to the customer/project sponsor, and robust control of project scope, schedule, cost and risk.

Specifies and coordinates the implementation and completion of a moderate sized project, portfolio of small projects, or a major component of a large project. This includes responsibility for safe delivery, ensuring that quality, schedule, and cost targets are met and for managing the associated risk.

Responsible for delivery of project to agreed specifications, for managing change and customer relationships, and ensuring appropriate reporting and governance is adhered to and controlled.

Project Execution

  • P & L responsibility with associated commercial and financial accountability including revenue delivery, margin, budget and forecast determination and attainment, risk and opportunity reviews, cost controls, accounts payable/billing and cash collection
  • Contributes to and reviews the project proposal and plan to determine timeframe, procedures for accomplishing the project, staffing requirements, and allotment of available resources to various phases of the project. Contributes to setting project evaluation parameters
  • Negotiates changes to project scope or specification with the customer. Follows Change Management process to identify and approve modifications to scope, cost, schedule and quality
  • Establishes project procedures and leads production of project execution plan including the scope of work, deliverables list, master schedule, budget, org charts, risk register etc.
  • Regularly reports project progress to senior management and/or the customer
  • Responsible for delivery of agreed schedule and financial performance, proactively intervening to avoid slippage
  • Ensures competence of project team members to carry out assigned work
  • Leads ongoing focus on risk identification and mitigation during project execution
  • Responsible for the project HSSE leadership, ensures a program of initiatives and auditing schedule are established and that HSSE and quality management issues are proactively addressed
  • Responsible for ensuring project team members are competent to carry out assigned duties
  • Promotes and sets up performance improvement culture and actions on complex projects and into their supply chains

Leadership

  • Is a champion and role model for ethical behaviour and compliance with applicable laws and policies
  • Oversees proposals and call-offs (may be individual projects) within delegation of authority, ensuring compliance with contracting policy and standards of ethical conduct
  • Coaches, mentors and empowers others to make decisions within established parameters

Internal:

  • Provides the interface and maintains effective relationships with other contributors to the project
  • Guides and directs project team and functional support teams as required
  • Interface and coordinate with Operational and/or Contract Management to ensure delivery of operational goals

External:

  • Primary point of contact for customer on assigned scope. Establishes and maintains a positive and effective customer relationship, ensuring payment terms are met, and communicating any delays
  • Manage relationships with external suppliers and sub-contractors and resolves cost, schedule and quality issues
  • Seeks out new avenues for building internal and external relationships
  • Monitors existing relationships
  • May act as company representative and play a role in contract negotiations
  • Influences relationships at higher customer level
Skills / Qualifications

Qualifications:

  • Technical degree is preferred or the equivalency with substantial, relevant experience in construction
  • Minimum 10 years' construction experience, preferably in facilities construction
  • Strong client interface skills and the ability to work well in an EPC environment are essential
  • Must have a good working knowledge of project controls including scheduling, budgeting, progress monitoring and forecasting

Knowledge, skills and experience:

  • Typically requires more than 10 years of pertinent experience including minimum 5 years' experience managing projects or part of projects, mastering their area and knowledgeable about impacts on other areas
  • Good level of experience in the related field, industry, and locations of the work
  • Proven project management experience as well as a good understanding of business issues
  • Thorough understanding of project management techniques and practices
  • Thorough understanding of project goals, drivers and strategies
  • Experience of developing and implementing measures of success and benefits on several projects
  • Knowledge of prioritising stakeholders and the development of stakeholder management plans
  • Has interfaced with key stakeholders on projects to obtain, create and maintain requirements and acceptance criteria on several occasions
  • Good knowledge of industry and company risk management processes. Well versed in qualitative assessment methods and some knowledge of quantitative assessment techniques
  • Able to use common estimating techniques to derive estimates and costs on standard projects
  • Good knowledge of contract models, conditions, types and their suitability in different situations
  • Able to deliver effective project initiation on multi-phase projects and produce project execution plans
  • Well versed in international and company quality assurance standards
  • Knowledge of commercial and contract conditions applicable to the procurement of various types of goods and services
  • In-depth knowledge of scheduling techniques, their properties and uses
  • Good knowledge and experience in project monitoring and forecasting
  • Ability to manage change control process on project with several sub-contractors 
  • Good knowledge of all handover and close-out activities required for customer, company and suppliers
  • Understanding of Cash Flow management as well as projection/forecast of cost at completion

Personal attributes:

  • Safety focused with an uncompromising approach to risk management. Places the welfare of both internal and customer employees at the top of the agenda
  • Passionately pursues and supports, demonstrates and embeds company values
  • Able to motivate, engage and influence a diverse group of people, many without a direct reporting relationship
  • Customer focused - develops sincere and open relationships with customers, current and potential; constantly striving to exceed expectations and add value. Able to develop and maintain strong customer relationships, including ability to influence
  • Ability to effectively manage resources (personnel, equipment, materials etc.)
  • Exceptional negotiation skills and ability to handle sensitive communications
  • Excellent verbal, written and presentational communication skills
  • Strong influencer, negotiator and mediator
  • Flexible to respond and adapt to changing internal and external context
  • Decisive, with ability to make decisions and follow through, ensuring learnings are captured
  • Strong team builder capable of identifying and adopting best practices, engendering a spirit of cooperation and energising people towards optimum performance enabling cross functional best practice
  • Pragmatic in approach with a strong commercial bias and ability to balance commerciality with operational excellence
  • Entrepreneurial approach - ability to identify opportunities
Company Overview

Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world's most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

Employment Type: OTHER