ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Lyndhurst, NJ (NOW HIRING)

previous pagenext page

Showing results 21-40

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Lyndhurst, NJ

Operational Risk Manager information

See Lyndhurst, NJ salary details

$47.9K

$122.9K

$241.3K

How much do operational risk manager jobs pay per year?

As of Aug 14, 2026, the average yearly pay for operational risk manager in Lyndhurst, NJ is $122,894.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,800.00 and $161,900.00 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 Lyndhurst, NJ look for?

The top searched job categories for Operational Risk Manager jobs in Lyndhurst, NJ are:

What cities near Lyndhurst, NJ are hiring for Operational Risk Manager jobs?

Cities near Lyndhurst, NJ with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Lyndhurst, NJ as of June 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $122,894 per year, or $59.1 per hour.

AVP Operational Risk and Control

Phyton Talent Advisors

New York, NY • On-site

$135K/yr

Other

Posted 14 days ago

Job description

The Assistant Vice President, Operational Risk & Controls will play a key role in strengthening the firm's operational risk framework by partnering with Operations leadership to identify, assess, monitor, and mitigate operational risk. This position will oversee risk governance activities, coordinate issue remediation efforts, support regulatory and audit initiatives, and help enhance the overall control environment across Operations.
Responsibilities
  • Coordinate the end-to-end lifecycle of operational risk issues, ensuring timely remediation, appropriate documentation, and adherence to governance standards.
  • Partner with business leaders to identify control deficiencies, develop corrective action plans, and monitor remediation through completion.
  • Maintain operational risk records, including issue inventories, action plans, loss events, and supporting documentation.
  • Perform and facilitate operational risk assessments, including Risk & Control Self-Assessments (RCSAs), process risk reviews, fraud risk assessments, third-party risk evaluations, and scenario analyses.
  • Evaluate business processes to identify emerging risks and opportunities to strengthen internal controls.
  • Assist in the design, enhancement, and documentation of operational controls to ensure they are effective, measurable, and aligned with regulatory expectations.
  • Support control testing activities by coordinating documentation, sample collection, evidence gathering, and remediation of identified control gaps.
  • Produce dashboards, key risk indicators (KRIs), management reports, and executive-level presentations that provide insight into the operational risk environment.
  • Analyze operational trends, control performance, and emerging risks to recommend process improvements and mitigation strategies.
  • Track operational incidents and loss events, ensuring appropriate reporting, root cause analysis, and corrective action implementation.
  • Coordinate responses to internal audits, regulatory examinations, and compliance reviews, including tracking findings and management action plans through closure.
  • Maintain governance calendars and support ongoing oversight of regulatory, audit, and risk management deliverables.
  • Partner with Operations, Compliance, Internal Audit, Technology, and Risk Management to promote a strong culture of risk awareness and continuous improvement.
  • Support the continued enhancement of the firm's operational risk framework, policies, procedures, and reporting capabilities.
Qualifications
  • Bachelor's degree in Business, Finance, Risk Management, Accounting, Information Systems, or a related discipline.
  • 2-5 years of experience in Operational Risk, Enterprise Risk, Internal Controls, Audit, or Risk Governance within financial services.
  • Working knowledge of operational risk frameworks, including Risk & Control Self-Assessments (RCSA), issue management, control testing, and operational risk reporting.
  • Experience supporting internal audits, regulatory examinations, and remediation initiatives.
  • Strong analytical and problem-solving skills with the ability to evaluate complex operational processes and identify control enhancements.
  • Excellent organizational skills with the ability to manage multiple initiatives in a fast-paced environment.
  • Strong written and verbal communication skills with experience interacting across business, risk, compliance, and technology teams.
  • Advanced proficiency with Microsoft Excel and PowerPoint; experience with governance, risk, and compliance (GRC) platforms is a plus.
  • Highly organized, detail-oriented, and able to work independently while managing competing priorities.
  • Demonstrates sound judgment, professionalism, and a commitment to maintaining a strong risk and control culture.

Apply