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Operational Risk Manager Jobs in Rahway, NJ (NOW HIRING)

Premium Technology

Operational Risk VP

New York, NY

The incumbent will be responsible for the oversight of the operational risk management framework and program including IT risk management, business continuity planning. The VP will be responsible for ...

Betterment

Risk Manager

New York, NY · Hybrid

$140K - $155K/yr

The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations. As a Risk Manager, you will own a portfolio of risk processes ...

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Operational Risk Manager information

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$47.7K

$122.5K

$240.6K

How much do operational risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for operational risk manager in Rahway, NJ is $122,543.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,600.00 and $161,400.00 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 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.

More about Operational Risk Manager jobs
What are the most commonly searched types of Operational Risk jobs in Rahway, NJ? The most popular types of Operational Risk jobs in Rahway, NJ are:
What job categories do people searching Operational Risk Manager jobs in Rahway, NJ look for? The top searched job categories for Operational Risk Manager jobs in Rahway, NJ are:
What cities near Rahway, NJ are hiring for Operational Risk Manager jobs? Cities near Rahway, NJ with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Workplace Solutions Operational Risk Lead Manager - Vice President

Workplace Solutions Operational Risk Lead Manager - Vice President

JPMorgan Chase & Co.

Jersey City, NJ • On-site

$128K - $193K/yr

Full-time

Medical, Retirement

Posted 6 days ago

New

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 491 frontline employees who took The Breakroom Quiz

58th of 149 rated banks

Job description


Bring your Expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As an Workplace Solutions Operational Risk Lead Manager within our diverse and inclusive Workspace Solutions Team, you will have the opportunity to promote and instill a strong culture of operational risk management. You will join a team of risk & compliance professionals from a diverse range of backgrounds and experience who collectively ensure that the Firm's Compliance, Conduct and Operational Risk (CCOR) Management Framework is implemented and functions effectively within Workplace Solutions. We are looking for an Operational Risk Lead Manager who is a solution-oriented, customer-focused specialist, used to working in an agile environment. The role is global in nature with oversight for North America, EMEA and Asia business activities.
Job Responsibilities
  • Participate in change management and new business initiatives to identify and assess risks, challenge the proposed control environment, and recommend approval (or not) of the change.
  • Provide oversight on risk assessment for operational risks in Workplace Solutions (business units, regional and legal entity levels)
  • Prepare materials for regional board meetings, control committees / forums to inform on the outcomes of Operational Risk Management activities
  • Assist in developing testing activities using a risk-based approach, and oversee the execution of proposed testing
  • Perform assessments of areas of emerging risk or potential control gaps to identify issues for the business to remediate, documenting and sharing analysis with key business stakeholders
  • Engage with global horizontal risk programs (e.g., Business Resiliency, Third-Party Outsourcing, Data Management) to ensure that business practices remain in line with firmwide changes;
  • Review operational risk events that resulted in financial losses to assess and challenge root cause analysis, recurrent themes and remediation, and drive value-added changes;
  • Support Operational Risk engagement in regulatory deliverables (e.g. MFSA and FINRA), including targeted exams;
  • Promote cross line of business consistency and adoption of best practices collaborating with other Operational Risk colleagues, as well as control functions such as Investment Risk, Legal, Compliance
  • Promote and instill a strong culture of Operational Risk Management, collaborating with the business and second-line functions to continually improve operational processes, support safe business growth, and inform and influence risk-based decision making

Required Qualifications, Capabilities, and Skills
  • Experience in the financial services industry, ideally in functions such as Operations, Compliance, Risk Management, Control Management or Audit
  • Excellent written and verbal communication and presentation skills, with an ability to articulate complex concepts clearly to differing audiences
  • Self-motivated, driven and inquisitive
  • Strong analytical skills and proven ability to identify potential process and control issues
  • Ability to leverage AI/ Technology to analyze sets to identify trends, insights, and potential emerging risks
  • Strong interpersonal, communication, and influencing skills
  • Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment
  • Ability to deliver amidst continuous change and in an agile work environment

Preferred Qualifications, Capabilities, and Skills
  • Passionate and capable of learning in a changing environment while delivering results
  • Ability to embrace and drive change
  • Ability to collaborate across different groups and regions

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

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