1

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

Be Seen First

GRM manages and continues to enhance the Enterprise Risk Management, Internal Control, Operational Resiliency, Business Continuity, Crisis Management, Third Party Risk Management and Corporate ...

The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

Risk Manager | Equities

New York, NY · On-site

$150K - $200K/yr

The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

The Financial Risk Manager will ensure the systemic risk controls and models meet all regulatory ... operational risk, legal risk, and inflation risk. Analyze new products, processes, and market ...

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:
Technology Risk Manager

Technology Risk Manager

NAVA Software Solutions

Manhattan, NY • On-site

Full-time

Posted 27 days ago


Job description

NAVA Software solutions is looking for a Technology Risk Manager
Details:
Technology Risk Manager with Finance Industry experience
Location: New York City NY / Hybrid 3 days a week onsite
Duration: 6-12 months CTH
Position Description
The position is for a Technology Risk Manager/Project Manager. The Technology team is responsible for supporting Bank business and growth by managing the provision of technology within a regulatory-compliant, risk-managed framework in a cost-effective manner. The team is seeking an experienced Technology Risk Manager to provide ongoing monitoring of the Banks' technology risk landscape including the identification, tracking, reporting, and oversight of risks and remediation activities, as well as participation in the evolution and execution of the Bank technology risk program.
Job Functions/Duties and Responsibilities
  • Develop an understanding of the Banks' business models and familiarity with technology services provided by the affiliate technology organization, as well as familiarity with active technology risk initiatives and their impact to each Bank
  • Coordinate with development teams across the Firm, Firm technology control groups, Bank security officers, and Operational Risk to deliver on program objectives
  • Track Bank-impacting technology risks and influence the prioritization of remediation activities
  • Produce clear and concise presentation materials related to technology initiatives for quarterly technology governance forums, including updates for Board meetings
  • Keep management informed of progress and issues related to technology programs
  • Contribute to key regulatory and risk initiatives, and report on risk exposures to enable informed decision-making
  • Participate in technology, governance, and risk forums to represent Bank interests
  • Assist with preparation of responses to technology-related regulatory requests

Skills Required
  • 10+ years of experience in a similar role in financial or banking services, with practical knowledge of banking principles, products, and bank regulatory environment
  • Practical knowledge of technology and information security processes
  • High level of attention to detail, focus on precision, and strong analytical skills; with the ability to solve problems independently and drive tasks to completion
  • Strong written and verbal communication skills with the ability to summarize complex information clearly for senior technical and non-technical audiences
  • Advanced Excel skills, including data import, pivot tables, lookups, and data analysis
  • Good interpersonal skills, with an ability to navigate complex organizations and build relationships
  • High level of personal integrity, as well as the ability to professionally handle confidential matters, and show an appropriate level of judgment and maturity
  • Familiarity with Agile project management methodology
  • Heightened Standards for Large Banks, 12 CFR 30 Safety and Soundness Standards

Skills Desired
  • Prior experience working in a large bank
  • One or more Industry Certifications (e.g. CISM/CISA/CRISC)
  • Knowledge of the FFIEC IT Handbooks, and related laws and regulations including OCC
  • Sound understanding of risk assessment methodologies, internal controls, and industry technology risk management frameworks such as NIST, ITIL, CobiT, and ISO 27001
  • Proficiency with Jira for project and task management

NAVA Software Solutions logo

About NAVA Software Solutions

Sourced by ZipRecruiter

NAVA is a strategic partner for companies seeking to develop or customize software and products. Our team of experts leverages cutting-edge technology and deep industry knowledge to provide customized solutions that drive business success. Whether you're looking to improve your operations, increase efficiency, or bring a new product to market, NAVA has the expertise and resources to help you achieve your goals. Trust us to be your partner in software and product development.

Industry

It services

Company size

51 - 200 Employees

Headquarters location

Rocky Hill, CT, US

Social media