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Operational Risk Manager Jobs in Newark, DE (NOW HIRING)

This role ensures program leadership has a clear understanding of technical, cost, schedule, operational, and compliance risks while maintaining the integrity of risk management systems and data. The ...

Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...

Risk Manager I (US)

Wilmington, DE · On-site

$91K - $136K/yr

Risk Management The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...

Risk Manager I (US)

Wilmington, DE · On-site

$91K - $145K/yr

Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...

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Showing results 1-20

Operational Risk Manager information

See Newark, DE salary details

$46.3K

$118.9K

$233.5K

How much do operational risk manager jobs pay per year?

As of Jun 22, 2026, the average yearly pay for operational risk manager in Newark, DE is $118,937.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,400.00 and $156,700.00 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 Newark, DE look for? The top searched job categories for Operational Risk Manager jobs in Newark, DE are:
What cities near Newark, DE are hiring for Operational Risk Manager jobs? Cities near Newark, DE with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Newark, DE as of June 2026, with employment types broken down into 86% Full Time, 12% Part Time, 1% Contract, and 1% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $118,937 per year, or $57.2 per hour.
Risk Manager

Risk Manager

CGI Inc.

Aberdeen, MD • On-site

Full-time

Retirement, PTO

Posted 7 days ago


CGI rating

7.2

Company rating: 7.2 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

112th of 204 rated it services


Job description

Risk Manager
Category: Business Analysis (functional and technical)
Main location: United States, Maryland, Aberdeen
Position ID:J0626-1280
Employment Type: Full Time
Position Description:
CGI Federal is seeking a Risk Manager to lead the identification, assessment, modeling, and mitigation of risks impacting a Next Generation Command and Control (NGC2) program for the US Army. This role ensures program leadership has a clear understanding of technical, cost, schedule, operational, and compliance risks while maintaining the integrity of risk management systems and data. The Risk Manager conducts complex quantitative analyses, evaluates risk exposure, supports contingency planning, and advises program teams on risk reduction strategies. This position is ideal for a highly analytical professional who excels at transforming complex data into actionable insights that support strategic decision making in a Defense environment.
This position is located in Aberdeen, MD.
Your future duties and responsibilities:
Risk Modeling & Analytics
. Devise systems and processes to monitor accuracy and validity of risk modeling outputs
. Conduct statistical and econometric analyses to quantify risk and predict potential impacts
. Maintain input quality and data integrity within risk management systems
Risk Assessment & Evaluation
. Evaluate risks and benefits associated with program strategies, technical solutions, or operational decisions
. Analyze potential impacts of new legislation, policies, or regulatory changes on risk exposure
. Identify critical risks and document them clearly for leadership and stakeholders
Risk Mitigation & Strategy Development
. Recommend ways to reduce, control, or mitigate risk across technical and program domains
. Support development of risk mitigation plans, corrective actions, and contingency strategies
. Assist in planning and improvement of risk management tools, processes, and systems
Communication & Reporting
. Ensure consistent communication of key risks to program leadership and stakeholders
. Produce clear reports, dashboards, and presentations that summarize risk positions and proposed mitigations
. Brief government and client personnel across multiple program levels
Cross Functional Collaboration
. Provide statistical or modeling guidance to engineering, logistics, quality, and program management teams
. Liaise with internal departments to ensure risk considerations are integrated into planning
. Participate in IPTs, program reviews, and readiness assessments
Contingency Planning & Emergency Preparedness
. Develop contingency plans for emergency scenarios and high impact risk events
. Support scenario modeling, risk simulations, and what if analyses
. Ensure emergency strategies align with program requirements and DoD standards
Required qualifications to be successful in this role:
Education
. MA/MS/MBA from an accredited college or university in Operations Management, Risk Management, Program Management, Engineering, or related field
. Certified Logistics Professional certification required
. Substitutions allowed:
- Seven additional years of relevant experience may substitute for the degree requirement, OR
- BA/BS plus five additional years of experience
Experience
. 7+ years of experience as a Risk Manager in a DoD environment
. Experience with quantitative risk modeling, statistical analysis, and econometric tools
. Experience developing risk mitigation strategies and preparing risk communication products
Technical Skills
. Proficiency with risk modeling tools, statistical analysis software, or econometric modeling
. Strong understanding of risk categories (technical, schedule, cost, performance, compliance)
. Knowledge of Defense risk management standards, policies, and reporting requirements
. Ability to evaluate risk data, identify trends, and recommend actionable mitigation steps
Abilities & Work Style
. Strong analytical reasoning and decision support skills
. Ability to communicate complex risks in clear, concise terms
. Ability to work independently and collaboratively across specialized technical teams
Desired qualifications/non essential skills required:
Advanced Risk & Analytics Skills
. Experience with predictive analytics, Monte Carlo simulations, or advanced modeling tools
. Familiarity with DoD acquisition and program management frameworks (e.g., DoDI 5000 series)
Tools & Systems Knowledge
. Experience with risk databases, planning systems, or enterprise project management tools
. Working knowledge of data visualization platforms (Power BI, Tableau)
Certifications
. PMI RMP (Risk Management Professional)
. DAWIA Program Management or Systems Engineering certifications
. ASQ certifications related to quality or process improvement
Additional Skills
. Ability to develop white papers, strategic assessments, and senior level briefings
. Experience in change management or enterprise risk integration
. Strong organizational skills to manage multiple risk threads simultaneously
CGI is required by law in some jurisdictions to include a reasonable estimate of the compensation range for this role. The determination of this range includes various factors not limited to skill set, level, experience, relevant training, and licensure and certifications. To support the ability to reward for merit based performance, CGI typically does not hire individuals at or near the top of the range for their role. Compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range for this role in the U.S. is $70,800.00 $176,300.00.
CGI Federal's benefits are offered to eligible professionals on their first day of employment to include:
. Competitive compensation
. Comprehensive insurance options
. Matching contributions through the 401(k) plan and the share purchase plan
. Paid time off for vacation, holidays, and sick time
. Paid parental leave
. Learning opportunities and tuition assistance
. Wellness and Well being programs
#CGIFederalJob
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Skills:
  • Defense
  • Delivery management
  • Manufacturing
  • Military
  • Risk management

What you can expect from us:
Together, as owners, let's turn meaningful insights into action.
Life at CGI is rooted in ownership, teamwork, respect and belonging. Here, you'll reach your full potential because...
You are invited to be an owner from day 1 as we work together to bring our Dream to life. That's why we call ourselves CGI Partners rather than employees. We benefit from our collective success and actively shape our company's strategy and direction.
Your work creates value. You'll develop innovative solutions and build relationships with teammates and clients while accessing global capabilities to scale your ideas, embrace new opportunities, and benefit from expansive industry and technology expertise.
You'll shape your career by joining a company built to grow and last. You'll be supported by leaders who care about your health and well-being and provide you with opportunities to deepen your skills and broaden your horizons.
Come join our team-one of the largest IT and business consulting services firms in the world.
Qualified applicants will receive consideration for employment without regard to their race, ethnicity, ancestry, color, sex, religion, creed, age, national origin, citizenship status, disability, pregnancy, medical condition, military and veteran status, marital status, sexual orientation or perceived sexual orientation, gender, gender identity, and gender expression, familial status or responsibilities, reproductive health decisions, political affiliation, genetic information, height, weight, or any other legally protected status or characteristics to the extent required by applicable federal, state, and/or local laws where we do business.
CGI provides reasonable accommodations to qualified individuals with disabilities. If you need an accommodation to apply for a job in the U.S., please email the CGI U.S. Employment Compliance mailbox at US_Employment_Compliance@cgi.com. You will need to reference the Position ID of the position in which you are interested. Your message will be routed to the appropriate recruiter who will assist you. Please note, this email address is only to be used for those individuals who need an accommodation to apply for a job. Emails for any other reason or those that do not include a Position ID will not be returned.
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All CGI offers of employment in the U.S. are contingent upon the ability to successfully complete a background investigation. Background investigation components can vary dependent upon specific assignment and/or level of US government security clearance held. Dependent upon role and/or federal government security clearance requirements, and in accordance with applicable laws, some background investigations may include a credit check. CGI will consider for employment qualified applicants with arrests and conviction records in accordance with all local regulations and ordinances.
CGI will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with CGI's legal duty to furnish information.

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