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

Risk Manager

Portland, OR

$122K - $156K/yr

Manage program budgets, contracts, work plans, and operational priorities. Supervise risk management staff and provide coaching, direction, and performance management. Build partnerships with ...

Risk Manager

Portland, OR · On-site +1

$122K - $156K/yr

Manage program budgets, contracts, work plans, and operational priorities. * Supervise risk management staff and provide coaching, direction, and performance management. * Build partnerships with ...

Risk Manager

Gresham, OR · On-site

$108K - $155K/yr

... operations and oversees mandated programs such as Hearing Conservation, Bloodborne Pathogens, Respirator Protection, and Hazard Communication. Employee Development and Supervision The Risk Manager ...

Risk Manager

Gresham, OR

$108K - $155K/yr

... operations and oversees mandated programs such as Hearing Conservation, Bloodborne Pathogens, Respirator Protection, and Hazard Communication. Employee Development and Supervision The Risk Manager ...

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 ...

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 ...

You'll be responsible for critical building infrastructure, operational risk management, and making key operational decisions with limited oversight. What your day-to-day will look like: * Leading ...

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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 Jul 13, 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 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 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:
Risk Manager

$122K - $156K/yr

Other

Posted 19 days ago


Job description

Position Summary Hello, we're Metro. Metro is dedicated to shaping a better future for the greater Portland region. The work the people of Metro do every day benefits the lives of the people who live here, today, and tomorrow.

Join Metro's Office of Risk, Readiness, & Resilience (R3) as a Risk Manager and play a central role in in strengthening how Metro identifies, evaluates, manages, and responds to risk across the organization. In this position, you'll have the opportunity to lead a high-impact, agency-wide program, focused on enterprise risk management, insurance and claims administration, occupational health and safety oversight, and risk-informed decision-making. Working across departments and with external partners, the Risk Manager helps strengthen risk management practices, improve consistency, and support informed decision-making across the organization.

Success in this role requires building strong relationships with departments, facilities, and operational staff to understand risks, support problem-solving, and advance a more coordinated and mature approach to risk management across Metro. This role combines program leadership, strategic planning, consultation, and staff supervision to support organizational resilience and continuous improvement. As the Risk Manager you will: Lead Metro's risk management program, including enterprise risk management, insurance and claims administration, and occupational health and safety oversight.

Manage program budgets, contracts, work plans, and operational priorities. Supervise risk management staff and provide coaching, direction, and performance management. Build partnerships with departments, facilities, and operational staff to improve risk awareness, support problem-solving, strengthen risk management practices, and advance organizational resilience.

Oversee insurance, claims, and risk financing activities in coordination with insurers, brokers, legal counsel, and departments. Provide consultation, guidance, and support to departments on risk identification, mitigation, insurance, and loss prevention strategies. Develop and implement risk management policies, standards, and continuous improvement initiatives.

Coordinate enterprise risk management activities and help develop Metro's enterprise approach to identifying, assessing, and managing risk. Lead risk assessments, incident trend analysis, and loss prevention initiatives. Attributes for success: Knowledge of risk management practices, including enterprise risk management, occupational health and safety, insurance, claims administration, and compliance.

Ability to build strong working relationships and collaborate effectively, using a people-focused and service-oriented approach. Skill in turning big-picture strategies into practical actions that can be implemented in real situations. Experience leading, supervising, or supporting staff and teams, including coaching and helping others grow in their roles.

Ability to handle multiple priorities and work with different stakeholders, staying flexible and effective in complex situations. Good judgment and decision-making skills, especially when information is limited or situations are changing quickly. Ability to lead through influence, collaboration, and consultation Maintains confidentiality and handles sensitive information with professionalism DIVERSITY AND INCLUSION At Metro, we strive to cultivate diversity, advance equity, and practice inclusion in all of its work.

This means attracting and empowering a workforce that is inclusive of a broad range of human qualities. Workplace diversity is both a moral imperative and a business strength, essential to providing quality support and services to our region. Metro's goal is to hire, develop and retain highly skilled and talented individuals across all departments and programs who best reflect the diversity of our community.

Learn more about how Metro is advancing diversity TO QUALIFY We will consider any combination of relevant work experience, volunteering, education, and transferable skills as qualifying unless an item or section is labeled required. Please be clear and specific in your application materials on how your background is relevant. Minimum qualifications Bachelor's degree in the assigned program area or related field (examples could be Risk Management, Public Administration, Organizational Leadership) Three (3) years leading or supervising people, and Two (2) years project management experience in a similar role or area of responsibility, or Any combination of education, professional, volunteer and lived experience that provides the necessary knowledge, skills, and abilities to perform the classification duties and responsibilities.

Required: Be able to successfully complete a background check at time of hire. Work Environment and schedule: This position will be required to work primarily on-site/in- person. Regular hours are Monday - Friday, with occasional evening, weekend, or holidays, as needs arise.

While eligible for hybrid telework, successful performance in this role requires regular on-site engagement across Metro facilities and operations to build relationships, understand operational risks, and support effective risk management practices. Limited telework will be available and will be scheduled in in accordance with business needs. If this statement is true for you, then you may be ineligible to apply If you were terminated for cause during any employment with Metro, or resigned in lieu of termination, you may be ineligible for rehire for a minimum of 3 years.

Hybrid Telework This position is designated as "hybrid telework." You will be required to work onsite and at times have the option to work away from your assigned work location. The specific schedule and balance of onsite and telework will be discussed with the hiring manager at the time of offer. Employees must reside in Oregon or Washington to work at Metro

Please note, the designation of hybrid telework may be subject to change at a future time. Like to have qualifications You do not need to have the following preferred qualifications/transferable skills to qualify. However, keep in mind we may consider them when identifying the most qualified candidates.

Your transferable skills are any skills you have gained through education, work experience, including the military, or life experience that are relevant for this position. Experience working in local, regional, state, or federal government Professional certifications related to risk management SCREENING AND EVALUATION The application packet: The application packet consists of the following required documents. Please ensure that you upload these documents in your online application.

Make sure your application is complete, missing any part of these items could result in an incomplete application and will not be moved forward in the recruitment. A complete online application Responses to supplemental questions The selection process: We expect to evaluate candidates for this recruitment as follows. The selection process is subject to change.

Initial review of minimum qualifications In-depth evaluation of application materials to identify the most qualified candidates Consideration of top candidates/interviews Testing/assessments (if applicable) Reference check Background for finalist candidate COMPENSATION, BENEFITS AND REPRESENTATON The full-salary range for this position is step 1:$122,301.12 to step 6:$156,091.17 annually. However, unless a candidate's qualifications justify, based on the Oregon Pay Equity Act requirements and Metro's internal equity review process, the appointment will likely be made between step 1:$122,301.12 to the equity range step 3:$134,836.99 annually. This position is not eligible for overtime and is not represented by a union

It is classified as Manager I. Classification descriptions are typically written broadly and do not include the specific duties and responsibilities of the positions. View the classification description.

Questions. Recruiter: Megan Warneke Email: megan.warneke@oregonmetro.gov Additional Information Equal employment opportunity All qualified persons will be considered for employment without regard to race, color, religion, sex, national origin, age, marital status, familial status, gender identity and expression, sexual orientation, disability for which a reasonable accommodation can be made, or any other status protected by law. Non-discrimination in hiring decisions Metro is committed to equal employment opportunity and complies with all applicable federal, state, and local civil rights laws

Metro employment decisions - including recruitment, screening, interviewing, selection, promotion, compensation, and separation - must not discriminate based on race, color, national origin, ethnicity, religion, sex, sexual orientation, gender identity, disability, age, veteran status, or any other protected class. Veterans' preference Under Oregon Law, qualified veterans may be eligible for veterans' preference when applying for Metro positions. If you are a veteran and would like to be considered for a veterans' preference for this job, please provide qualifying documents as instructed during the application process.

Hybrid Telework Positions designated as "hybrid telework," meaning you will have the option to work away from the office, although there may be times that coming into the office will be required. The designation of Hybrid Telework may be subject to change at a future time. All employees must reside in Oregon or Washington; Metro cannot support ongoing telework from other locations.

Pay equity at Metro No matter who you are or where you work at Metro, you deserve to be paid fairly for the work you do. Every worker must get equal pay for equal work regardless of your gender, race, age, or other protected characteristics. Metro has established processes and conducts routine pay equity reviews as part of the hiring process to ensure compliance with the 2017 Oregon Pay Equity Act.

Online applications Metro accepts job applications online. If you need assistance or accommodation with your application, or access to a computer, please contact the recruiter outlined in the job announcement in advance to request assistance. How to Apply For tips on how to apply and more information on what the application process looks like, visit Metro's "How to apply" page.

Government Jobs For assistance with your account or to reset your password please visit GovernmentJobs "Help and Support" page. Metro Led by an elected council, this unique government gives all residents of greater Portland a voice in shaping the future and provides parks, venues, services, and tools at a regional scale. We find solutions for our area's garbage and recycling that protect clean air and water; help plan land use and development to provide jobs and safe transportation; manage local venues that provide a connection to arts and culture and help keep the economy growing; protect 17,000 acres of parks and natural areas, and run the Oregon Zoo, to keep nature close to home.