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

LOB Risk Spec Sr

Pittsburgh, PA · On-site

$75K - $125K/yr

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

Reporting to the Sr. Manager of Risk Management, this role translates risk strategy into practical ... Experience supporting enterprise or operational risk programs. * Strong understanding of risk ...

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...

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

... operational risk through improved documentation and controls. To be successful in this role, we're ... Every day our employees make their mark by helping clients better manage and service their ...

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

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

Payments Fraud Manager - Forensic Investigations and Fraud - Financial Services About Deloitte ... Advise on opportunities for process improvement and operational risk reduction. * Payments ...

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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.
What are popular job titles related to Operational Risk Manager jobs in Pittsburgh, PA? For Operational Risk Manager jobs in Pittsburgh, PA, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Pittsburgh, PA look for? The top searched job categories for Operational Risk Manager jobs in Pittsburgh, PA are:
What cities near Pittsburgh, PA are hiring for Operational Risk Manager jobs? Cities near Pittsburgh, PA with the most Operational Risk Manager job openings:
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.
Vendor Risk Management Compliance Analyst

Vendor Risk Management Compliance Analyst

Brown Brothers Harriman & Co.

Pittsburgh, PA • Remote

$55K - $65K/yr

Full-time

Posted 15 days ago


Job description

At BBH, Partnership is more than a form of ownership-it's our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what's next, this is the right place to build a fulfilling career.

Join us as a Vendor Risk Management Compliance Analyst

Brown Brothers Harriman is currently recruiting a Vendor Risk Management ("VRM") Compliance Analyst to join our Core Compliance Team. In this role you will collaborate with BBH personnel in a variety of roles and responsibilities to ensure that the Firm's vendor relationships are reviewed, assessed and monitored in accordance with the VRM Program ("Program") requirements.This includes assisting in the preparation of Vendor Service Requests, conducting due diligence reviews, performing vendor risk assessments, obtaining required approvals, and ensuring the appropriate level of ongoing monitoring is performed throughout the lifecycle of vendor relationships.

The VRM Compliance Analyst will work closely with internal and external stakeholders and vendors to help ensure vendor relationships comply with regulatory requirements, BBH policies, and industry best practices.

This role is ideal for candidates seeking to build a career in compliance and risk management within the financial services industry.

Some of your key responsibilities include:

  • Review all incoming Vendor Service Requests to ensure requests are sufficiently detailed to enable the Vendor Management Committee (VMC) to assess the engagement and assign an appropriate risk rating.
  • Ensure all new engagements and ongoing monitoring requests undergo appropriate due diligence based on product/service risk profiles.
  • Assist in conducting initial and ongoing vendor risk assessments.
  • Monitor in-process requests to address any delays and/or issues.
  • Respond to BBH personnel inquiries regarding request status and the requirements for successful completion of due diligence and/or outstanding requests.
  • Review and disposition weekly OFAC/Sanctions & Negative News screening alerts.
  • Assist in the preparation of materials for the weekly VMC meeting as well as other communications to BBH risk management committees, as applicable.
  • Assist in the implementation of enhancements to the Firm's VRM system, including testing, training and communication to relevant stakeholders.
  • Assist in the updating of policies and procedures related to the Program.
  • Support the Head of VRM in the ongoing development and enhancement of the Program.
  • Support internal/external audits and regulatory exam preparation related to reviews of the VRM Program.

Qualifications:

  • Bachelor's degree required.
  • 2+ years of compliance, risk management or audit experience.
  • Financial services industry experience a plus.
  • Motivated self-starter with the ability to multi-task in a fast-paced environment.
  • Exceptional time management, planning, and organizational skills.
  • Strong analytical capabilities and written and oral communication skills; attention to detail is a must.
  • Excellent interpersonal skills with proven experience in relationship building and partnering; must work well in both team and individual settings.
  • Proficient in Microsoft Office Suite.
  • Experience with GRC or Vendor Risk Management systems a plus.
  • Certified Third Party Risk Professional is preferred but not required.

NOTE - this is a fully remote role, but to be eligible candidates mustreside in the Central NY/Utica, Pittsburgh or Tampa area.

Salary Range

Utica: $55,000 - $65,000 + annual bonus target

Pittsburgh/Tampa: $60,000 - $65,000 + annual bonus target

BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.


We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn't followed a traditional path, includes alternative experiences, or doesn't meet every qualification or skill listed in the job description, please do go ahead and apply.

About BBH:

Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.

We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development-so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice-creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.

We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often-pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.

Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.