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

You will support the assessment of operating models and risk management controls, engage with stakeholders to mitigate operational risk, and participate in data management initiatives to enhance data ...

You will support the assessment of operating models and risk management controls, engage with stakeholders to mitigate operational risk, and participate in data management initiatives to enhance data ...

You will support the assessment of operating models and risk management controls, engage with stakeholders to mitigate operational risk, and participate in data management initiatives to enhance data ...

Provides risk management expertise while working with operations managers and other 2nd line risk partners (to include Operational and Enterprise Risk Management teams, Regulatory Compliance ...

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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 Jul 15, 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 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.

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:

Risk Management - Risk Decisions Product Lead - Vice President

JPMorganChase

Wilmington, DE • On-site

Full-time

Re-posted 19 days ago


Job description

Job Summary:
JPMorgan Chase is a leading financial services firm focused on helping customers achieve their financial goals. The Risk Decisions Product Lead will lead initiatives to improve customer experience and enhance risk management capabilities while maximizing profit within the risk appetite by partnering across the business and delivering comprehensive features to market.
Responsibilities:
• Guide complex initiatives that enhance Risk Management Capabilities and Modernization efforts.
• Partner across Risk to help lead the continual build-out of the product roadmap.
• Define product initiatives for new features and enhancements.
• Collaborate with the business, architecture, and technology to ensure a unified product landscape.
• Provide clear vision and scope documentation, workflows, detailed epics/features, use cases, and other materials as needed to support design, development, and infrastructure.
• Track and manage business case metrics, ensuring that initiative/feature delivery stays on track and on budget.
• Prepare executive-level product updates inclusive of production metrics, new feature delivery planning, and financial forecasting.
• Create and maintain dashboards/reports and track initiative metrics.
• Prepare and present updates to senior leadership and stakeholders.
• Provide support for team SharePoint and Confluence site responsibilities, including maintaining lists and libraries, developing skills in Power Apps and Power Automate, managing forms and workflows (including intake forms), overseeing permission management and recertification, conducting site certification, and handling documentation management.
Qualifications:
Required:
• 7+ years of experience in financial services
• Experience managing complex initiatives across multiple work streams with varying timelines, priorities and complexities.
• Strong understanding of, or experience working in an Agile development framework.
• Experience authoring business requirements, defining user stories and execution, including bringing together cross-functional teams within an Agile development framework.
• Must be a structured thinker and effective communicator with excellent written and verbal communication skills.
• Highly self-motivated, excel at building relationships, and are adept at influencing peers with diverse points of view and building consensus.
• Remain composed under pressure and excel during periods of ambiguity.
• Experienced in stakeholder management at a senior level and presenting metrics & progress accordingly.
• Adept at using tools like Jira to manage the backlog and documentation.
Preferred:
• Experience with SharePoint and Confluence is a plus.
• 7+ years of experience in financial services, preferably with experience in Risk Management.
• Experience with Power Apps and Power Automate is a plus.
Company:
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets. Founded in 2000, the company is headquartered in New York, USA, with a team of 10001+ employees. The company is currently Late Stage.