1

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

Serve as an onsite go-to operational risk partner: set and monitor exposure limits and guardrails ... manager, or investment bank. * Hands-on experience in at least one major liquid asset class (e.g ...

The incumbent will be responsible for the oversight of the operational risk management framework and program including IT risk management, business continuity planning. The VP will be responsible for ...

Serve as an onsite go-to operational risk partner: set and monitor exposure limits and guardrails ... manager, or investment bank. * Hands-on experience in at least one major liquid asset class (e.g ...

Risk Manager

New York, NY · On-site

$125K - $200K/yr

Serve as an onsite go-to operational risk partner: set and monitor exposure limits and guardrails ... manager, or investment bank. * Hands-on experience in at least one major liquid asset class (e.g ...

Risk Manager | Equities Jump Trading Group is committed to world class research. We empower ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

next page

Showing results 1-20

Operational Risk Manager information

See Montclair, NJ salary details

$47.9K

$123K

$241.5K

How much do operational risk manager jobs pay per year?

As of May 31, 2026, the average yearly pay for operational risk manager in Montclair, NJ is $123,002.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,900.00 and $162,000.00 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 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 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 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 Montclair, NJ? The most popular types of Operational Risk jobs in Montclair, NJ are:
What job categories do people searching Operational Risk Manager jobs in Montclair, NJ look for? The top searched job categories for Operational Risk Manager jobs in Montclair, NJ are:
What cities near Montclair, NJ are hiring for Operational Risk Manager jobs? Cities near Montclair, NJ with the most Operational Risk Manager job openings:
Operational Risk, Equities

Operational Risk, Equities

Macquarie Group Limited

New York, NY • On-site

$165K - $245K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Additional office locations
New York
Job ID
21903
Date
26-May-2026
Permanent - Full time, Mid-senior
Job category
Risk Management
Share
Use your deep expertise in operational risk management to provide risk leadership across Macquarie Capital's global Equities business. Based in New York, you will partner closely with senior stakeholders across the Americas, Europe and globally, helping to strengthen risk culture while supporting commercial outcomes. This is a highly visible role within a dynamic and inclusive global team.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You'll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
Press space or enter keys to toggle section visibility
In this role, you will provide operational risk and thought leadership for Macquarie Capital, reporting directly to the Global Operational Risk Lead for Equities. You will work side-by-side with front office and front-to-back support functions, including Compliance, Finance, Operations, Technology, Second Line Risk and Internal Audit, to embed strong risk management practices. Your responsibilities will include overseeing the execution and monitoring of operational risk frameworks, assessing new products and activities, and driving continuous improvements to governance and controls. You will also lead deep-dive reviews, facilitate risk and control self-assessments, and deliver high-quality risk reporting across both business and legal entity structures.
This role is based in New York with in-office attendance expected in line with business and stakeholder needs.
Salary range for this position: $165,000 - $245,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. You can further read about the full spectrum of benefits we offer our people listed below.
What you offer
Press space or enter keys to toggle section visibility
  • Extensive operational risk expertise, with 10+ years' experience in a trading environment and significant exposure to Equities markets
  • Proven analytical and problem-solving skills, with the ability to lead deep-dive reviews, risk assessments for new products and activities, and manage complex issues to closure
  • Excellent communication and influencing skills, enabling you to build trusted relationships, confidently challenge senior Front Office stakeholders, and mediate where required
  • Ability to work independently in a fast-paced environment, delivering high-quality outcomes and projects under pressure
  • A pragmatic, commercially minded approach that balances effective risk control with business objectives

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.
What we offer
Press space or enter keys to toggle section visibility
At Macquarie, you're empowered to shape a career that's rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
  • 1 wellbeing leave day per year and a minimum of 25 days of annual leave
  • 20 weeks' paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks' paid leave for secondary caregivers
  • 2 days of paid volunteer leave and donation matching
  • Benefits and initiatives to support your physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
  • Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
  • Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
  • Recognition and service awards
  • Hybrid and flexible working arrangements, dependent on role
  • Reimbursement for work from home equipment

About Macquarie Capital
Press space or enter keys to toggle section visibility
Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.
Empowering all kinds of bright and driven people
Press space or enter keys to toggle section visibility
We are committed to providing an inclusive environment for all that values and respects different experiences, skillsets and perspectives. Macquarie provides access to opportunities for all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.
We provide reasonable accommodation to individuals who may need support during the recruitment process and employment. If you require an accommodation, please let us know during the application process.
Learn more about Macquarie
Our people blog
Our inclusive workplace
Benefits and wellbeing
Recruitment process

Macquarie Group logo

About Macquarie Group

Sourced by ZipRecruiter

Macquarie Group is a leading global financial services provider based in Sydney, NSW, Australia. With a reputation of creating meaningful change, the firm operates within the financial services industry and specializes in banking, financial advisory, investment and funds management services. Founded in 1969, Macquarie has grown into a global force that operates in over 31 markets around the world. Adhering to a defined set of principles and values, the company staunchly believes in delivering against three key attributes: opportunity, accountability and integrity. Their mission revolves around unearthing possibilities for their clients, communities, shareholders and employees to realize their ambitions.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Sydney, NSW, AU