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Operational Risk Manager Jobs in Phoenix, AZ (NOW HIRING)

As Risk Director, you'll lead the enterprise-wide risk management program -- from insurance ... Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the ...

As Risk Director, you'll lead the enterprise-wide risk management program - from insurance strategy ... Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the ...

Operational Risk, Financial Risk, Cyber Resilience, Cybersecurity, Risk Management, IT Risk and Control, and/or IT Audit * Strong working knowledge of the inherent risks in the financial services ...

Risk Treatment Specialist

Tempe, AZ · On-site

$108.97K - $185.16K/yr

Operational Risk, Financial Risk, Cyber Resilience, Cybersecurity, Risk Management, IT Risk and Control, and/or IT Audit * Strong working knowledge of the inherent risks in the financial services ...

Risk Treatment Specialist

Tempe, AZ · Hybrid

$108.97K - $185.16K/yr

Operational Risk, Financial Risk,Cyber Resilience, Cybersecurity, Risk Management, IT RiskandControl, and/or IT Audit * Strong working knowledge of theinherentrisksin the financial services industry

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Operational Risk Manager information

See Phoenix, AZ salary details

$46.7K

$119.8K

$235.3K

How much do operational risk manager jobs pay per year?

As of May 31, 2026, the average yearly pay for operational risk manager in Phoenix, AZ is $119,850.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,000.00 and $157,900.00 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 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 Phoenix, AZ? The most popular types of Operational Risk jobs in Phoenix, AZ are:
What are popular job titles related to Operational Risk Manager jobs in Phoenix, AZ? For Operational Risk Manager jobs in Phoenix, AZ, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Phoenix, AZ look for? The top searched job categories for Operational Risk Manager jobs in Phoenix, AZ are:
What cities near Phoenix, AZ are hiring for Operational Risk Manager jobs? Cities near Phoenix, AZ with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Phoenix, AZ as of May 2026, with employment types broken down into 2% As Needed, 82% Full Time, 11% Part Time, 1% Temporary, and 4% Contract. Highlights an 78% Physical, 4% Hybrid, and 18% Remote job distribution, with an average salary of $119,850 per year, or $57.6 per hour.
Associate - Tech Risk & Control

Associate - Tech Risk & Control

American Express

Phoenix, AZ • On-site

Full-time

Posted 18 days ago


American Express rating

8.5

Company rating: 8.5 out of 10

Based on 33 frontline employees who took The Breakroom Quiz

27th of 138 rated financial services


Job description

Global Infrastructure (GI) provides the foundational platforms and services that enable reliable, secure technology delivery across the enterprise, working across multiple teams and domains to keep the environment resilient and well controlled. Cross Platform Delivery (CPD) is Global Infrastructure's thin, cross-GI orchestration layer connecting work that spans platforms and teams to enable consistency, transparency, and enterprise credibility without duplicating line ownership.
 
Role Overview
As an Associate Technology Risk Manager in CPD, you will orchestrate delivery of cross GI risk artifacts, such as MAPs, OREs, and PSRs, when inputs span multiple teams or responsibility is unclear. The role supports the Director by coordinating ownership, actions, and escalation paths with ETS Governance & Control partners so GI delivers a single, consistent narrative and on-time updates without taking on risk/control ownership or remediation execution.
 
How you will make an impact
  • Drive a consistent GI technology risk posture by synthesizing inputs across teams into one clear view of risk, progress, and priorities.
  • Clarify ownership, decision points, and escalation paths for cross-GI risk initiatives where accountability is potentially distributed or unclear.
  • Improving the quality, completeness, and consistency of GI risk artifacts and updates leverage within GI and across the enterprise.
  • Produce oversight-ready risk narratives that connect issues, events, controls, and remediation into an accurate, enterprise-aligned story.
  • Enable timely decisions by highlighting trends, concentrations, and cross-cutting dependencies, and by escalating when delivery is at risk.
  • Bachelor's degree in Computer Science, Information Systems, Engineering, Cybersecurity, or equivalent practical experience.
  • Experience in technology risk, operational risk, controls, or technology governance within a large, complex enterprise technology environment .
  • Working knowledge of the first line/ second line/ third line (FLOD/SLOD/TLOD) model, including how to partner effectively across Technology, Control Management, Risk, Compliance, and Internal Audit while maintaining appropriate role clarity.
  • Ability to synthesize complex inputs (issues, events, assessments, control gaps, remediation plans) into clear written narratives and executive-ready summaries.
  • Experience coordinating deliverables across multiple stakeholders, including tracking actions, managing dependencies, and operating with urgency in time-bound situations.
  • Familiarity with common technology risk and control domains (e.g., change/release management, resilience, access management, vulnerability management, incident/problem management, monitoring/observability, and third-party/affiliate considerations).
  • Practical experience using risk and workflow platforms and reporting tools (e.g., Archer, ServiceNow GRC, or similar, data visualization and reporting capabilities), with a focus on outcomes and clarity over tool administration.

Preferred skills

  • Cross-platform thinking: Comfortable operating across infrastructure, platforms, and enabling capabilities, identifying patterns and connecting related risks across multiple products and teams.
  • Ambiguity management: Able to define the problem, propose a plan, and drive progress when information is incomplete or ownership is distributed.
  • Executive communication: Strong writing and presentation skills; able to tailor messages by audience and turn complex detail into clear decisions and actions.
  • Influence without authority: Proven ability to build alignment, negotiate tradeoffs, and move work forward through strong relationships and credibility.
  • Continuous improvement mindset: Interest in simplifying processes, strengthening reporting, and improving evidence quality through better ways of working.

Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.

  • Orchestrate cross GI delivery of risk artifacts (MAPs, OREs, PSRs) where inputs and actions span multiple teams, aligning stakeholders on scope, narrative, evidence needs, and timelines in partnership with ETS Governance & Control.
  • Support the Director by running the cross GI operating rhythm with ETS Governance & Control, and second line partners, coordinating ownership, tracking actions, and driving escalation/decisioning when responsibility is unclear.
  • Develop executive- and oversight-ready narratives that explain what happened, what is changing, residual risk, and the path to closure-grounded in facts and consistent across GI.
  • Coordinate action plans across teams by surfacing dependencies, confirming owners and due dates, and escalating early when progress or accountability breaks down.
  • Partner with ETS Governance & Control and risk/control stakeholders to align on evidence expectations and ensure remediation actions map back to the documented risk statements and control intent (while execution remains with accountable teams).
  • Synthesize inputs into concise reporting and insights for GI leaders-highlighting trends, concentrations, hotspots, and recommended focus areas.
  • Improve cross-GI ways of working by reducing friction in intake, tracking, and reporting, standardizing what "good" looks like while keeping ownership with the accountable teams. 

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