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Operational Risk Manager Jobs in New Haven, CT (NOW HIRING)

Operational Risk Specialist

Cobalt, CT · Hybrid

$99K/yr

About You We're looking for someone with a solid understanding of Operational Risk Management within a regulated financial services environment. You'll have experience of operational risk ...

Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...

Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...

Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...

Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...

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Operational Risk Manager information

See New Haven, CT salary details

$47.3K

$121.4K

$238.3K

How much do operational risk manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for operational risk manager in New Haven, CT is $121,390.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,900.00 and $159,900.00 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.

What are popular job titles related to Operational Risk Manager jobs in New Haven, CT? For Operational Risk Manager jobs in New Haven, CT, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in New Haven, CT look for? The top searched job categories for Operational Risk Manager jobs in New Haven, CT are:
What cities near New Haven, CT are hiring for Operational Risk Manager jobs? Cities near New Haven, CT with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in New Haven, CT as of July 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $121,390 per year, or $58.4 per hour.

Operational Risk Specialist

Newcastle

Cobalt, CT • Hybrid

$99K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 9 days ago


Job description

Job Posting Title

Operational Risk Specialist

Salary Band

MP3

35,691 - 48,228

Job Description

About the role

As an Operational Risk Specialist, you'll play a key role in helping us maintain a strong and effective operational risk framework across the business. Working as part of our Operational Risk team, you'll partner closely with stakeholders to provide expert guidance, oversight and constructive challenge, helping them understand and manage operational risks effectively.

You'll support the development of a strong risk culture, promote accountability and ownership, and contribute to the ongoing enhancement of our risk management practices and systems.

About You

We're looking for someone with a solid understanding of Operational Risk Management within a regulated financial services environment. You'll have experience of operational risk methodologies such as RCSA, risk event management and scenario analysis, alongside the confidence to engage and challenge stakeholders at all levels.

You'll be a strong communicator with excellent attention to detail, commercial awareness and the ability to build effective working relationships across the business. If you're proactive, organised and passionate about helping businesses identify, manage and mitigate risk, we'd love to hear from you.

About us

The Newcastle Building Society Group comprises of Newcastle Building Society, Manchester Building Society, Newcastle Financial Advisers and Newcastle Strategic Solutions. Our purpose, connecting our communities with a better financial future inspires and directs our activities.

As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return? As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:

Financial

  • Corporate bonus scheme (on target 10%, up to a maximum 15%)

  • Pension scheme (up to 9% employer contribution)

  • Annual performance related pay reviews

  • Colleague mortgage scheme

  • Electric car salary sacrifice scheme

  • Life assurance (4x salary) and income protection

  • Access to our financial advisers

  • Access to a range of high street and online discounts

Work/Life Balance

  • A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions

  • 30 days' annual leave + bank holidays

  • The option to buy and sell up to 5 days' holiday

  • Hybrid working (typically 3 days' home based)

  • Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood

Health and Wellbeing

  • Private medical insurance

  • Access to a health cash plan through a Medicash scheme

  • Access to an employee assistance programme

  • Free onsite gym at our Cobalt head office and access to discounted gym's

  • Two paid volunteering days' each year

  • Cycle to work scheme

Recognising there's no one-size-fits-all approach to recruitment, we're committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk

Company:

Newcastle Building Society