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Operational Risk Manager Jobs in Ogden, UT (NOW HIRING)

... managing the day-to-day operational activities related to securities lending transactions, ensuring accurate and timely processing while minimizing operational risk. This role requires close ...

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Operational Risk Manager information

See Ogden, UT salary details

$46K

$118.1K

$231.9K

How much do operational risk manager jobs pay per year?

As of Jul 9, 2026, the average yearly pay for operational risk manager in Ogden, UT is $118,120.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,900.00 and $155,600.00 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 Ogden, UT look for? The top searched job categories for Operational Risk Manager jobs in Ogden, UT are:
What cities near Ogden, UT are hiring for Operational Risk Manager jobs? Cities near Ogden, UT with the most Operational Risk Manager job openings:
Global Banking and Markets (Client Ops)- Salt Lake City- Snr Associate, Client Onboarding & Confi...

Global Banking and Markets (Client Ops)- Salt Lake City- Snr Associate, Client Onboarding & Confi...

Goldman Sachs, Inc.

Salt Lake City, UT

$14 - $19.25/hr

Other

Posted 14 days ago


Goldman Sachs rating

8.2

Company rating: 8.2 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

40th of 146 rated banks


Job description

Job Duties: Snr Associate, Client Onboarding & Configuration with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Engage in client service and relationship support, risk management, regulatory adherence, and other related tasks. Provide operational risk management and oversight for the Firm's account opening workflow and processes, including performing quality assurance testing to identify potential risks in the daily business operations, implementing controls to mitigate risk and working with cross-function teams to enable accurate reporting. Work with Compliance to define and implement firm policies and controls that minimize Regulatory risk to the firm and closely work with engineering teams to design new system enhancements to improve efficiencies, ranging from small enhancements to large-scale, global initiatives. Design procedures to reflect changing regulatory requirements and limit risk, review legal structures of various entities and completed, due diligence documents, to ensure regulatory requirements are met. Ensure that due diligence is performed accurately to protect the firm's assets by complying with "Know Your Customer" regulations to prevent and detect money laundering, corruption, and other financial crimes.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Business Administration, Finance, Economics, Business Analytics, or related field and four (4) years of experience in the job offered or in a related role. Prior experience must include four (4) years of experience with: working with Anti-Money Laundering (AML)-related regulations and policies to ensure newly onboarded accounts meet all due diligence requirements; conducting quality assurance testing on Know Your Customer (KYC) refresh cases to ensure compliance with applicable policies; implementing new and updated customer due diligence policies and guidance to satisfy regulatory obligations; performing root cause analysis on KYC quality defects and implementing action plans to prevent reoccurrence; reviewing and analyzing data, generating metrics and publishing reports, and assisting with ad hoc projects leveraging data analytics; and working on multiple, time-sensitive projects in partnership with global teams and cross-functions, and ensuring timely delivery with high quality to meet client or business expectations.

The Goldman Sachs Group, Inc., 2026. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.


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About Goldman Sachs

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At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869