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Operational Risk Manager Jobs in Pittsburgh, PA (NOW HIRING)

Robert Half

Enterprise Risk Analyst

Pittsburgh, PA · On-site

... management and board-level audiences, including analysis tied to risk appetite measures and review of submissions received from business units. • Partner with operational areas across the bank to ...

PNC Bank

LOB Risk Lead

Collier, PA · On-site

Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...

Fnbcorp

Credit Risk Analyst

Pittsburgh, PA · On-site

Analyzes the credit risk trends within the various Bank portfolios and regions to identify potential regulatory, policy, or operational risk issues. Prepares written analysis to report to management.

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Operational Risk Manager information

See Pittsburgh, PA salary details

$45.6K

$117.2K

$230.1K

How much do operational risk manager jobs pay per year?

As of Jun 12, 2026, the average yearly pay for operational risk manager in Pittsburgh, PA is $117,183.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,400.00 and $154,400.00 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.
More about Operational Risk Manager jobs
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What cities near Pittsburgh, PA are hiring for Operational Risk Manager jobs? Cities near Pittsburgh, PA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Pittsburgh, PA as of June 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $117,183 per year, or $56.3 per hour.

Senior Vice President, Operational Risk Coverage

BNY

Pittsburgh, PA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago

Job description

Senior Vice President, Operational Risk Coverage 

At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We're seeking a future team member for the role of Senior Vice President, Operational Risk Coverage to join our Risk & Compliance team. This role is located in Pittsburgh, PA. 

In this role, you'll make an impact in the following ways: 

  • Responsible for the second line of defense on-going independent oversight, challenge and advice on day-to-day operational risk management for Corporate Functions, with special focus on the Officer of the CFO Function including Finance and Corporate Treasury.
  • Oversee and support execution of the Operational Risk Management Framework by the Function to facilitate the identification, assessment and mitigation of risk arising from people, process, systems and external events.
  • Provide ongoing coaching and advice to the Function on current and emerging risk related matters.
  • In conjunction with other risk stripes, review, advise on and provide 2LOD approval recommendation for Risk Appetite Limits.
  • Independently oversee and monitor the Function Risk and Control Self-Assessment including review, guidance, challenge and approval for risk acceptance, action closure, manual processes and concurring to the RCSA accuracy annually, ensuring that it continuously reflects the Function's operational risks and control environment. 
  • Partner with the Function to identify significant emerging and potential risk and control weaknesses, including process review, control testing review and other risk deep dives. 
  • Provide input, oversight and challenge to the Scenario Analysis Process. 
  • Support the quarterly Risk ID and High-Level Assessment (HLA) process by participating in pre-HLA meetings, reviewing and challenging HLAs. 
  • Review, challenge and approve new and change related client, jurisdiction, product and processes such as New / Modified Products and Business Process Change.
  • Oversee, challenge and monitor Operational Risk Events (OREs) to identify root causes, ensure appropriate remediation actions to address control gaps and proactively identify themes/trends that require discussion.
  • Escalate identified Issues; oversee, challenge and monitor Issues to ensure that they have a proper description, materiality rating and remediation action plans, as well as to monitor the completion of their action plans and to identify trends and themes that require discussion. 
  • Provide input and challenge on reporting for Risk, Control and Legal Entity.
  • Leverage Operational Risk reporting and data analytics to proactively identify and address risk concentration and control weaknesses. 
  • Contribute to the achievement of the Function's strategy, Objectives and Key Results (OKRs), and regulatory deliverables.


To be successful in this role, we're seeking the following:

  • Bachelor's degree or equivalent education required. 
  • Experience in Operational Risk Management or a similar oversight role required.
  • 10-15 years of total work experience preferred.
  • Experience covering Finance or Payroll is a plus.
  • Finance/Accountancy background preferred.
  • Solid analytical and problem-solving skills.
  • Solid interpersonal and teamwork skills.
  • Data analytics skills/experience preferred.


At BNY, our culture speaks for itself, check out the latest BNY news at:

BNY Newsroom

BNY LinkedIn 

 Here's a few of our recent awards: 

  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025


Our Benefits and Rewards: 

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 Here's a few of our recent awards:

  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025

    Our Benefits and Rewards:

    BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

    BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

    BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. 

    Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

    Apply