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Operational Risk Manager Jobs in Melbourne, FL (NOW HIRING)

Leonardo DRS

Principal Program Manager

Melbourne, FL · On-site

... Operations, Quality, Supply Chain, Finance, Contracts, and Business Development to drive program performance in cost, schedule, technical execution, quality, delivery, and risk management. This role ...

PNC Bank

Branch Manager

Rockledge, FL

Manages operational, human capital, reputational and business risk. Exercises leadership, authority and sound decision making to mitigate sales practice risk. Ensures compliance with regulatory ...

Leonardo DRS

Principal Program Manager

Melbourne, FL

... Operations, Quality, Supply Chain, Finance, Contracts, and Business Development to drive program performance in cost, schedule, technical execution, quality, delivery, and risk management. This role ...

Pae

Engineer 3 Project Manager

Merritt Island, FL · On-site

... operations teams to translate technical scope into cost, schedule and risk artifacts. Ability to ... Experience managing projects involving mechanical, cryogenic, pneumatic, hydraulic, and electrical ...

Northern Trust

Senior Fiduciary Officer

Vero Beach, FL · On-site

Fiduciary Expertise & Risk Management * Demonstrate deep knowledge of governing documents, account ... Technical knowledge of investments, tax, legal, and operational considerations, generally acquired ...

Orion180

Vendor Governance Manager

Melbourne, FL · On-site

Operational Reviews: Conduct monthly operational reviews with each delivery partner. Review ... Risk Management: Identify and track vendor-related risks - resource retention concerns, capability ...

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Operational Risk Manager information

See Melbourne, FL salary details

$43.6K

$111.9K

$219.7K

How much do operational risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for operational risk manager in Melbourne, FL is $111,885.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,100.00 and $147,400.00 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 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.

More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Melbourne, FL look for? The top searched job categories for Operational Risk Manager jobs in Melbourne, FL are:
What cities near Melbourne, FL are hiring for Operational Risk Manager jobs? Cities near Melbourne, FL with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Melbourne, FL as of July 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $111,885 per year, or $53.8 per hour.
Principal Program Manager

Principal Program Manager

Leonardo DRS

Melbourne, FL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Leonardo DRS rating

8.0

Company rating: 8.0 out of 10

Based on 55 frontline employees who took The Breakroom Quiz

133rd of 527 rated manufacturers

Job description

Job ID: 114825
Location: Melbourne FL
Schedule: 9/80
The Electro Optical Infrared Systems (EOIS) line of business within DRS has locations in Dallas and Austin, TX, Melbourne, FL, and Cypress, CA. EOIS develops, manufactures, and supports infrared and electro-optical solutions for soldiers, ground vehicles and airborne platforms. We offer an exciting and challenging work environment, a competitive salary and benefits package, and a business culture that rewards performance.
Employing the world's brightest. Supporting the world's bravest.
Job Summary
The Principal Program Manager is responsible for ensuring successful execution of a portfolio of programs across the full lifecycle, including transition from development into low-rate initial production (LRIP), production, delivery, and sustainment. This role provides leadership in program execution, customer engagement, and continuous improvement.
The Principal Program Manager partners closely with Engineering, Manufacturing, Operations, Quality, Supply Chain, Finance, Contracts, and Business Development to drive program performance in cost, schedule, technical execution, quality, delivery, and risk management. This role also supports business growth and leads recovery planning for at-risk programs.
Job Responsibilities
  • Lead a portfolio of defense programs as a prime or subcontractor to domestic or foreign military organizations, across the full lifecycle, including development transition, low-rate initial production, production, delivery, and sustainment
  • Direct daily execution of multiple programs in accordance with contract requirements to achieve cost, schedule, technical, quality, and delivery objectives
  • Provide portfolio-level oversight of program performance, including financial results, execution health, customer commitments, risks, and recovery actions
  • Monitor program status against established milestones and communicate performance, variances, risks, and corrective actions to management and key stakeholders
  • Develop and implement recovery plans for at-risk programs, addressing schedule, technical, quality, production, supply chain, and delivery challenges
  • Partner closely with Engineering, Manufacturing, Operations, Quality, Supply Chain, Finance, Contracts, and Business Development to resolve cross-functional issues and improve program outcomes
  • Ensure successful transition from development into low-rate initial production and full production, including production readiness, material readiness, build execution, delivery performance, and risk reduction
  • Lead coordination of engineering changes, configuration updates, corrective actions, and other actions required to maintain program execution and production performance
  • Conduct program and portfolio reviews focused on financial performance, operational execution, trends, root cause analysis, corrective actions, delivery commitments, and continuous improvement opportunities
  • Support business growth through bid and proposal activities, strong customer engagement, identification of follow-on opportunities, and effective management of revenue, margin, cash flow, and forecasts across the portfolio

Qualifications
Required Qualifications
  • Minimum of 10+ years of program management experience, with significant experience supporting production programs in aerospace, defense, or a complex manufacturing environment
  • Bachelor's degree or equivalent combination of education and experience; degree in Engineering, Finance, Supply Chain, Business, or a related field preferred
  • Experience leading programs across the full lifecycle, including proposal development, contract award, development transition, low-rate initial production, production, delivery, and sustainment
  • Experience providing portfolio-level oversight across multiple programs and leading execution within a business area, program office, or functional organization
  • Strong knowledge of program management tools, processes, procedures, governance, and performance management practices
  • Experience with earned value cost accounting and reporting, program metrics, forecasting, productivity analysis, and schedule/cost variance analysis
  • Demonstrated ability to lead cross-functional teams across Engineering, Manufacturing, Operations, Quality, Supply Chain, Finance, Contracts, and Business Development
  • Working knowledge of MRP/ERP systems, material planning, bills of material, production scheduling, inventory management, and supply chain execution
  • Experience in production and manufacturing environments, including manpower planning, build execution, delivery management, issue resolution, and recovery of at-risk programs.
  • Strong leadership, coaching, mentoring, communication, presentation, and stakeholder management skills

Preferred Qualifications
  • Knowledge of DoD contracting requirements and FAR procurement regulations
  • Experience managing programs as a prime contractor and/or subcontractor for domestic or foreign military customers
  • Experience supporting transition from development into low-rate initial production and full-rate production
  • Experience in electro-mechanical assembly operations or other complex defense manufacturing environments
  • Experience improving production performance through yield improvement, throughput improvement, rework reduction, and production flow optimization
  • Experience implementing engineering changes and configuration updates in a production environment
  • Experience influencing inventory strategy, material readiness, and supply chain performance to support production schedules and delivery commitments
  • Experience leading structured root cause analysis, corrective action, and execution recovery efforts for underperforming programs
  • Knowledge of continuous improvement methodologies such as Lean, Six Sigma, or related operational excellence disciplines
  • Program Management certification preferred, such as PMP or DAU
  • Active DOD security clearance preferred.

U.S. Citizenship required. This position requires an active DOD security clearance or the ability to obtain such clearance within a reasonable time after commencement of employment.
Taking care of our people is a top priority at Leonardo DRS. We are proud to offer competitive salaries and comprehensive benefits, including medical, dental, and vision coverage, a company contribution to a health savings account, telemedicine, life and disability insurance, legal insurance, and a 401(k) savings plan. We champion wellness programs that focus on physical, emotional, and financial well-being. We develop our talent by offering programs and activities to support career-growth, professional development, and skill enhancement. And we understand there is more to life than work, and the importance of offering flexible work schedules with our 9/80 program, competitive vacation, health/emergency leave, paid parental leave, and community service hours.
*Some employees are eligible for limited benefits only
Leonardo DRS, Inc. and its subsidiaries provide equal opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws.
Our Vision. To be the leading mid-tier defense technology company in the U.S.
Our Values. The Leonardo DRS culture is defined by our Core Values and Principles:
- Integrity
- Agility
- Excellence
- Customer Focus
- Community & Respect
- Innovation
We strive to uphold them in all aspects of our business practices to inspire our employees and provide outstanding support for our customers.

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