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Operational Risk Manager Jobs in Portland, OR (NOW HIRING)

US Bank

Operational Loss Program Analyst

Gresham, OR · Hybrid

Position Highlights Risk Data Management and Reporting * Identify, collect, and record risk events ... Considerable understanding of the business line's operations, products/services, systems, and ...

Concora Credit Inc.

Manager, Risk

Beaverton, OR · On-site

The Manager of Risk - General Purpose will own the structure and functions related to credit risk ... Operations Research, Physics, or Technology preferred. * Successful in implementing a credit risk ...

Concora Credit Inc.

Manager, Risk

Beaverton, OR · On-site

The Manager of Risk - General Purpose will own the structure and functions related to credit risk ... Operations Research, Physics, or Technology preferred. * Successful in implementing a credit risk ...

Concora Credit Inc.

Manager, Risk

Beaverton, OR · On-site

The Manager of Risk - General Purpose will own the structure and functions related to credit risk ... Operations Research, Physics, or Technology preferred. * Successful in implementing a credit risk ...

Concora Credit Inc.

Manager, Risk

Beaverton, OR

As our Manager, Risk, you'll help drive Concora Credit's Mission to enable customers to Do More ... Operations Research, Physics, or Technology preferred. * Successful in implementing a credit risk ...

ECS

SOC Chief

Portland, OR · On-site

Support audit readiness, compliance reporting, risk management, and governance activities related to SOC operations and cyber incident response. Team Leadership & Workforce Development * Lead, mentor ...

Fortis Construction

Legal Assistant

Portland, OR · On-site

Serve as an operational extension of House Counsel by managing legal and risk-related workflows, tracking priorities, and ensuring agreed-upon deliverables are completed accurately and on time.

Dext Capital LLC

Portfolio Analyst

Lake Oswego, OR · On-site

$65K - $85K/yr

Recommend risk rating adjustments as appropriate * Partner with Sales, Credit and Operations, and Asset Management to ensure alignment on portfolio strategy * Participate in credit committee ...

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All JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Portland, OR

Operational Risk Manager information

See Portland, OR salary details

$49.8K

$128K

$251.3K

How much do operational risk manager jobs pay per year?

As of Jun 21, 2026, the average yearly pay for operational risk manager in Portland, OR is $128,009.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,900.00 and $168,600.00 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 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
What are popular job titles related to Operational Risk Manager jobs in Portland, OR? For Operational Risk Manager jobs in Portland, OR, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Portland, OR look for? The top searched job categories for Operational Risk Manager jobs in Portland, OR are:
What cities near Portland, OR are hiring for Operational Risk Manager jobs? Cities near Portland, OR with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Portland, OR as of June 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $128,009 per year, or $61.5 per hour.

Financial Risk Manager

BizTek People, Inc. | APA International Placement Consultants

Portland, OR • On-site

Contractor

Posted 9 days ago

Job description

Job Description
Title: Financial Risk Manager
Duration: 6 Months
Location: Portland, OR - Hybrid
Role Overview
  • We are seeking an experiencedInsurance Risk Manager (Contract) to serve as a hands-on implementation lead forour Riskonnect platform, supporting the build-out, configuration, andadoption of an enterprise insurance and claims management system.
  • This role is intentionallyexecution-focused. The successfulcandidate will partner with internal stakeholders and external vendors totranslate insurance processes, data, and reporting requirements into afully functional Riskonnect environment that supports insurance programmanagement, claims tracking, and financial visibility.
  • While core insuranceexpertise is essential, this role is not primarily about broking orrenewal execution. It is about making Riskonnect work and leaving theorganization with a sustainable, well-designedsystem.

Responsibilities
Primary Focus: Riskonnect Implementation
  • This role will spend themajority of time on implementation, configuration, and adoption ofRiskonnect.
  • Key responsibilities include:
  • Serve as the day-to-day project lead forRiskonnect implementation from an insurance risk perspective
  • Partner with internalstakeholders (Treasury, Legal, Finance, Operations, IT) to define systemrequirements
  • Configure and validate:
    • Insurance policy andexposure data
    • Claims intake, tracking, andlifecycle workflows
    • Reporting and dashboards forleadership and finance partners
  • Review team's previous workrelated to data preparation, migration, reconciliation, and cleanup
  • Develop and document standardoperating procedures (SOPs) and usage standards
  • Support user testing,training, and go-livereadiness
  • Act as the primary liaisonwith Riskonnect consultants and external brokers during the implementationphase
  • Success in this role meansthe organization can confidently manage policies, claims, and reporting inRiskonnect after the contract ends.

Secondary Responsibilities (Supportive, Not the Core)
  • Assist with insurance programand claims management as needed to support system build-out
  • Provide visibility intoclaims status, expected recoveries, and key metrics
  • Support renewal datarequirements and exposure reporting
  • Help align Riskonnect outputswith Treasury and Finance reporting needs (cash flow visibility, netexposure, tracking)

Requirements
Required Qualifications
  • 5-8 years of experience ininsurance risk management or corporate insurance
  • Hands-on experience implementing ormaterially supporting a Riskonnect deployment
  • Configuration, data loading,workflow setup, testing, or user adoption
  • Strong understanding ofcommercial insurance programs and claims management
  • Comfort translating insuranceconcepts into structured data and workflows
  • Highly organized, detail-oriented, and able to operateindependently in a contract environment

Preferred Qualifications
  • Riskonnect experience acrosspolicy, claims, and reporting modules
  • Experience in utilities,energy, infrastructure, or regulated environments
  • Exposure to retentions, self-insurance, or captivestructures
  • Experience working closelywith Treasury or senior finance leadership
  • Prior ownership of systemdocumentation, training, or process design

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