Job Title Transaction Processing Operational Risk Manager Corporate Title Vice President Location New York Overview As a key member of the Operational Risk Management (ORM) team, you will join a ...
Job Title Transaction Processing Operational Risk Manager Corporate Title Vice President Location New York Overview As a key member of the Operational Risk Management (ORM) team, you will join a ...
Our Risk Management teams work to protect the safety and soundness of our systems and are ... Operational Risk and Resilience protects the firm's interests by fostering a consistent, enterprise ...
Our Risk Management teams work to protect the safety and soundness of our systems and are ... Operational Risk and Resilience protects the firm's interests by fostering a consistent, enterprise ...
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 ...
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 ...
Manager, Enterprise Risk
Manhattan, NY · On-site
Own and drive the rollout of the Operational Risk Framework across BGC Group, GFI Group, and Cantor ... Prepare management information for risk committees, highlighting key risk and control issues, and ...
Manager, Enterprise Risk
Manhattan, NY · On-site
Own and drive the rollout of the Operational Risk Framework across BGC Group, GFI Group, and Cantor ... Prepare management information for risk committees, highlighting key risk and control issues, and ...
As the US Head of Enterprise Risk Management, you will be a senior risk leader responsible for designing and implementing a comprehensive operational risk management framework. Your role is pivotal ...
As the US Head of Enterprise Risk Management, you will be a senior risk leader responsible for designing and implementing a comprehensive operational risk management framework. Your role is pivotal ...
Technology Risk Manager
Manhattan, NY · On-site
... Operational Risk to deliver on program objectives * Track Bank-impacting technology risks and ... Keep management informed of progress and issues related to technology programs * Contribute to key ...
Technology Risk Manager
Manhattan, NY · On-site
... Operational Risk to deliver on program objectives * Track Bank-impacting technology risks and ... Keep management informed of progress and issues related to technology programs * Contribute to key ...
Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices. * Financial knowledge of business policies, products, processes, systems, and roles.
Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices. * Financial knowledge of business policies, products, processes, systems, and roles.
Risk Manager
New York, NY · On-site
$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 ...
Risk Manager
New York, NY · On-site
$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 ...
Operational Risk Management Governance Intern
Manhattan, NY · On-site
$19/hr
Responsibilities * Assist with analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. * Other responsibilities ...
Operational Risk Management Governance Intern
Manhattan, NY · On-site
$19/hr
Responsibilities * Assist with analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. * Other responsibilities ...
Operational Risk Management Governance Intern
Manhattan, NY · On-site
$19/hr
Responsibilities * Assist with analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. * Other responsibilities ...
Operational Risk Management Governance Intern
Manhattan, NY · On-site
$19/hr
Responsibilities * Assist with analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. * Other responsibilities ...
... manager with first line risk teams for operational risk matters, including liaising with second line specialty risk, compliance, global financial crimes and testing teams > Play an active role in ...
... manager with first line risk teams for operational risk matters, including liaising with second line specialty risk, compliance, global financial crimes and testing teams > Play an active role in ...
Risk Manager | Equities
New York, NY · On-site
The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...
Risk Manager | Equities
New York, NY · On-site
The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...
Risk Manager | Equities
New York, NY · On-site
$150K - $200K/yr
The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...
Risk Manager | Equities
New York, NY · On-site
$150K - $200K/yr
The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...
Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk ... Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred ...
Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk ... Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred ...
Oversees and manages inventory of risks and associated metrics for risk appetite and limits ... Operational Risk Principles * Technology Risk Principles Preferred Leadership Behaviors:
Oversees and manages inventory of risks and associated metrics for risk appetite and limits ... Operational Risk Principles * Technology Risk Principles Preferred Leadership Behaviors:
Risk Manager - Corporate
New York, NY · On-site
As the Risk Manager, you will have the opportunity to shape the bank's risk strategy, drive operational resilience and ensure the long-term success of the business. You'll be joining an innovative ...
Risk Manager - Corporate
New York, NY · On-site
As the Risk Manager, you will have the opportunity to shape the bank's risk strategy, drive operational resilience and ensure the long-term success of the business. You'll be joining an innovative ...
Associate, Operational Risk
Jersey City, NJ · Hybrid
$79K - $112K/yr
Plan and manage project tasks and deliverables from start to finish by setting project goals ... Technology Operations & Service Management (ITSM); Project Coordination and Management; Risk ...
Associate, Operational Risk
Jersey City, NJ · Hybrid
$79K - $112K/yr
Plan and manage project tasks and deliverables from start to finish by setting project goals ... Technology Operations & Service Management (ITSM); Project Coordination and Management; Risk ...
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Manhattan, NY · On-site
$42K/yr
Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk ... Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred ...
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Manhattan, NY · On-site
$42K/yr
Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk ... Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred ...
Associate, Operational Risk
Jersey City, NJ · On-site
$79K - $112K/yr
Plan and manage project tasks and deliverables from start to finish by setting project goals ... Technology Operations & Service Management (ITSM); Project Coordination and Management; Risk ...
Associate, Operational Risk
Jersey City, NJ · On-site
$79K - $112K/yr
Plan and manage project tasks and deliverables from start to finish by setting project goals ... Technology Operations & Service Management (ITSM); Project Coordination and Management; Risk ...
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Manhattan, NY · On-site
$42K - $150K/yr
Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk ... Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred ...
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Manhattan, NY · On-site
$42K - $150K/yr
Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk ... Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred ...
Operational Risk Manager information
See Rahway, NJ salary details
$47.7K - $65.3K
5% of jobs
$75.9K is the 25th percentile. Wages below this are outliers.
$65.3K - $82.8K
33% of jobs
The median wage is $98.3K / yr.
$82.8K - $100.3K
14% of jobs
$100.3K - $117.9K
14% of jobs
$117.9K - $135.4K
5% of jobs
$147.8K is the 75th percentile. Wages above this are outliers.
$135.4K - $152.9K
6% of jobs
$152.9K - $170.5K
7% of jobs
$170.5K - $188K
5% of jobs
$188K - $205.5K
2% of jobs
$205.5K - $223.1K
8% of jobs
$223.1K - $240.6K
0% of jobs
$47.7K
$122.5K
$240.6K
How much do operational risk manager jobs pay per year?
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 some common challenges faced by operational risk managers in maintaining effective risk controls across different departments?
What are the key skills and qualifications needed to thrive as an operational risk manager, and why are they important?
What is the difference between Operational Risk Manager vs Risk Analyst?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze 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.
Full-time
Medical, Retirement, PTO
Re-posted yesterday
Deutsche Bank rating
7.7
Based on 14 frontline employees who took The Breakroom Quiz
93rd of 170 rated banks
Job description
Job Title Transaction Processing Operational Risk Manager
Corporate Title Vice President
Location New York
Overview
As a key member of the Operational Risk Management (ORM) team, you will join a critical function within the Bank's Chief Risk Office (CRO). Your role will be pivotal in providing expert Transaction Processing Risk management for one of the Bank's most essential operational areas, spanning all Divisions at Deutsche Bank. Leveraging your deep expertise, you will be empowered to challenge and influence risk decisions across the Firm. Ultimately, you will be instrumental in providing senior leadership with the clear insights needed to safeguard the Bank.
What We Offer You
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
What You'll Do
- Reporting to the Director, Head of Americas ORM Portfolio / Head of Transaction Processing Risk (TPR), you will perform an SME role in TPR group as Risk Type Head (RTH), as well as embedding framework elements ensuring strategic alignment with the Bank's broader ORM framework
- As the TPR RTH, you will perform in depth assessments of products, processes and risks, leveraging deep knowledge of associated products, businesses and markets
- Interface directly with the Business and front-to-back stakeholders, as part of a wider ORM team and demonstrate the ability to advise and challenge Fixed Income and Corporate Banking TPR matters
- Develop and refine sophisticated TPR reporting that deliver clear, concise, and actionable insights on the control environment to senior leadership and key stakeholders
- Serve as a strategic partner to risk managers across the 1st and 2nd Lines of Defense (LoD), leading the synthesis of complex TPR data to provide a holistic view of the control environment's health and identify emerging risk themes
- Represent the TPR function as a key subject matter expert in senior risk forums and regulatory engagements, confidently presenting materials and articulating the team's position on governance matters
How You'll Lead (VP and above)
- Demonstrate thought leadership and ability to lead in a global matrix structure, even where stakeholders do not report to you
- Show strong risk leadership through actions and communications
Skills You'll Need
- Deep product knowledge across Rates, Credit, EM, FX, Commodities, Lending, Trust Services, Payments and a strong understanding of front-to-back system design; from pre-trade to settlement to lifecycle events and strong payments, clearing and settlement knowledge to address payments risks
- Strong understanding of the impacts of TPR errors on the trading book and loan portfolios, and associated controls
- A relevant degree is expected; advanced degrees and financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous
- Career background which includes Middle Office, Product Control, complex Operations roles, Business COO or Trading/Sales along with deep expertise in ORM principles, framework, and controls including risk appetite
- Comprehensive understanding of the US financial regulatory landscape, particularly regulatory expectations related to transaction processing, operational resilience, and risk reporting
Skills That Will Help You Excel
- Executive Communication & Influence: You deliver compelling, concise, and data-driven narratives to diverse audiences, including senior management and regulators. You don't just present information; you influence decisions and build consensus around complex risk topics
- Strategic Relationship Builder: You forge and maintain robust partnerships with senior leaders across all Three Lines of Defense. You are seen as a trusted advisor who can navigate organizational complexities and facilitate collaborative, risk-aware outcomes
- Resilience & Composure Under Pressure: You thrive in a dynamic, fast-paced environment, effectively managing competing priorities and tight deadlines. You maintain a high degree of professional composure, providing steady leadership during critical situations and high-stakes discussions
- Proactive Ownership & Execution: You demonstrate a strong sense of ownership, moving beyond assigned tasks to proactively identify challenges and drive initiatives to completion. You are a highly organized, self-motivated leader who can manage a complex portfolio of work with autonomy
- Relevant degree is expected; advanced degrees or financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $125,000 to $222,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life
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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank's Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
About Deutsche Bank
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Deutsche Bank is the leading German bank with strong European roots and a global network. We're driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients' real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
New York, NY, US