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Operational Risk Manager Jobs in Mars, PA (NOW HIRING)

... operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the ...

UI Engineer(React)

Pittsburgh, PA · On-site

$55 - $60/hr

Strong experience in Operational Risk and GRC domains (RCSA, Issues Management, Controls, KRIs). * Experience building enterprise-grade UI applications with role-based workflows. * Experience ...

IT Risk Compliance Specialist

Pittsburgh, PA · On-site

$95K/yr

... operation, and management of landfill methane-fueled renewable energy projects. The Company has ... The IT Risk Compliance Specialist reports to the CIO and is responsible for ensuring that the ...

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Operational Risk Manager information

See Mars, PA salary details

$45.5K

$116.8K

$229.3K

How much do operational risk manager jobs pay per year?

As of Jun 21, 2026, the average yearly pay for operational risk manager in Mars, PA is $116,767.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,100.00 and $153,800.00 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 helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

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 benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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.

What are the 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
What job categories do people searching Operational Risk Manager jobs in Mars, PA look for? The top searched job categories for Operational Risk Manager jobs in Mars, PA are:
What cities near Mars, PA are hiring for Operational Risk Manager jobs? Cities near Mars, PA with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Mars, PA as of June 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $116,767 per year, or $56.1 per hour.

Risk Management Analyst

Raymondjames

Pittsburgh, PA

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


Job description

Job Description Summary

The Risk Management Analyst partners and collaborates with business units, corporate resource departments and external stakeholders to anticipate, identify, understand and manage key operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the expectation that they will assist in all areas as needed.

Job Description

Primary Functions of the Position:

  • Performs monitoring and testing in support of the Bank's Risk Management System. Prepares analysis of the monitoring and testing results and prepares draft reports and make recommendations to Risk Management for corrective action
  • Assists with the review of third-party and internal products, processes, policies and procedures, marketing programs, advertising materials and other consumer communications to identify applicable regulatory risks and related controls
  • Gain a deep technical understanding of the key systems used by Risk Management. (Training will be provided).
  • Maintain the integrity and quality of the information in each system. This may include partnering with stakeholders in other departments to obtain any missing or outdated information.
  • Assist in preparing material and resources for regulatory examinations
  • Assists Risk Management in determining appropriate adjustments to the Bank's compliance risk profile
  • Coordinate and manage the implementation of system upgrades.
  • Undertake projects that require analysis of the system's information to support Risk Management decision making.
  • Develop dashboards and data visualizations to highlight key risk metrics and other changes in the underlying data.
  • Assist in the development, production and maintenance of Risk Management reports and presentations.
  • Work closely with other team members to manage requests for system enhancements
  • Serve as a resource to others who may be using the systems to extract or upload information. This may include training new users.
  • Manage onboarding and ongoing system access for team members and third-party providers.
  • Performs other risk related duties as assigned by Risk Management

Essential Skills and Abilities:

  • Proficient technical writing skills are required - presenting ideas in a clear, concise, understandable, and organized manner
  • Proficient data compilation and analysis skills
  • Effective planning, organizational, time management, and problem-solving skills
  • Ability to work effectively under pressure. Flexibility and willingness to work at a rapid pace in strict time frames
  • Skilled at handling a variety of assignments simultaneously

Education and Experience Requirements:

  • Bachelor's Degree in Business-related field, or equivalent years of experience
  • 2-4 years' experience supporting Risk Management initiatives
  • Strong written and verbal communication skills
  • Working knowledge of banking laws and regulations

Education

Bachelor's: Accounting, Bachelor's: Actuarial Science, Bachelor's: Applied Mathematics

Work Experience

General Experience - 13 months to 3 years

Certifications

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.