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

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GRM manages and continues to enhance the Enterprise Risk Management, Internal Control, Operational Resiliency, Business Continuity, Crisis Management, Third Party Risk Management and Corporate ...

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 ...

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Operational Risk Manager information

See Rahway, NJ salary details

$47.7K

$122.5K

$240.6K

How much do operational risk manager jobs pay per year?

As of May 31, 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 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 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 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 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:

Associate Director, Operational Risk

IFM Investors

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 2 days ago


Job description

Job Description
Associate Director, Operational Risk
About Us
IFM Investors is a global asset manager, founded and owned by pension funds, with capabilities in infrastructure equity and debt, private equity, private credit, real estate and listed equities.
Our purpose is to invest, protect and grow the long-term retirement savings of working people. We believe healthy returns depend on healthy economic, environmental and social systems - and these are evolving on a scale never experienced before. To find opportunity, build value and meet the needs of future generations, you need scale, skill and expertise. That's what IFM Investors has built up over 30 years.
With assets under management of approximately $266.1 AUD billion (at 31 December 2025), we prioritise the interests of over 831 institutional investors worldwide. IFM operates from 16 offices across Australia, Europe, North America and Asia.
For more information, visit ifminvestors.com.
The Opportunity
At IFM, you're not just part of an investment company - but an invested one. We see the work we do as the chance to take sustainable, responsible steps forward for millions of people around the world.
So, we have made sure to create a workplace that's inclusive, accountable and collaborative. Where you're given the opportunities to make a meaningful contribution and grow your skills. All while feeling valued and supported for who you are and what you bring to the team.
Along with the chance to make a meaningful, positive difference from day one, we offer a competitive salary and generous leave entitlements. Our hybrid and flexible approach can vary by team and role, it is built around trust. We encourage our people to manage their work life rhythm in a way that works best for them and their teams.
Business Overview
Risk & Compliance works closely with our business to help ensure we meet our risk and compliance obligations, including anti-money laundering, fraud risks, conflicts of interest, and regulatory reporting.
The Role
The Associate Director, Operational Risk is a second line of defense role within IFM's Global Operational Risk Team. This position supports the first line in assessing, identifying, managing, and monitoring operational risks across multiple levels, including enterprise-wide, business unit, business processes and projects.
Additionally, the role will involve providing advice and assessment of new products and their associated launch and implementation approach from an operational risk management perspective.
Operational Risk Management:
  • Strengthen IFM's Global Operational Risk Management Framework, policies, and controls, with a focus on embedding across the North America region.
  • Oversee management of risk events and partner with the Business to agree appropriate rectification and remediation strategies.
  • Drive ongoing improvements and implement solutions to manage risk whilst adopting a balanced and commercial approach.
  • Constructively challenge risk management practices and influence business priorities and outcomes.
  • Advise and support the execution of Risk and Control Self-Assessments (RCSAs).
  • Conduct risk reviews, lesson learned exercises and deep dives, including project-related impact assessments.
  • Identify key risk indicators and work with business units to operationalize these metrics.
  • Prepare insights and reporting for stakeholders at all levels, including the Board.
  • Design, develop, and deliver operational risk training materials.
  • Driving awareness and deliver training across North America.
  • Support and advise the North America Operating Committee.
  • Stay informed on global industry and regulatory developments, assess impacts, and lead improvements.

Operational Risk Advisory - New Products:
  • Provide assessment and advice on operational risks associated with new products and their implementation.
  • Develop strategies to manage identified risks in line with IFM's risk appetite, which may include but not limited to the design/implementation of new controls across the product's lifecycle.
  • Collaborate with the Business to monitor and track the effectiveness of new product implementation, and facilitate lessons learned to drive continuous improvement.
  • Strengthen the new product framework to ensure robust identification, assessment, and monitoring of operational risks.

Strategic Planning
  • Strengthen and embed IFM's Global Operational Risk Management Framework, policies, and controls, with a particular focus on the US region.
  • Oversee risk event management and partner with business units to identify and implement control enhancements.
  • Constructively challenge risk management practices and influence business priorities and outcomes.
  • Drive continuous improvement and implement practical, commercially balanced solutions to mitigate risks.
  • Advise and support the execution of Risk and Control Self-Assessments (RCSAs).
  • Conduct risk reviews and deep dives, including project-related impact assessments.
  • Identify key risk indicators and work with business units to operationalize these metrics.
  • Prepare insights and reporting for stakeholders at all levels, including the IFM Board.
  • Design, develop, and deliver operational risk training materials.
  • Stay informed on global industry and regulatory developments, assess impacts, and lead improvements.

Business Performance
  • Provide expert advice on operational risks associated with new products and their implementation.
  • Develop strategies to manage identified risks in line with IFM's risk appetite, which may include design/implementation of new controls.
  • Collaborate with the business to monitor and track the effectiveness of new product implementation, and facilitate lessons learned to drive continuous improvement.
  • Strengthen the new product framework to ensure robust identification, assessment, and monitoring of operational risks.

Policy and Process Management
  • Comply with all policies and delegations applicable to the activities and decisions required in this role.

Your Background and Experience
  • A strong background in operational risk management (~15 years).
  • A strong background in the review and assessment of new products from an operational risk management perspective.
  • Strong experience in the development of risk methodologies, frameworks, tools and systems.
  • Strong business writing experience, with particular emphasis on risk management related policies, standards, guidelines and report writing.
  • A proven track record in demonstrating thought leadership and leading risk management related change.
  • Experience working in an asset management institution, investment management institution, a regulator, Big 4 or other major consultancy.
  • Strong academic background in risk management, compliance and/or legal background,
  • May have post-graduate qualifications.
  • An understanding of operational risk management specifically in financial services and asset management.
  • Strong understanding of investment management processes.
  • Practical experience implementing project management and change.
  • Strong experience with the day-to-day use of a GRC (Governance, Risk and Compliance) system, preferably the use of the ServiceNow platform.
  • Strong knowledge of private market products that are distributed globally (ideally across Infrastructure Equity and/or Infrastructure Debt).
  • Solid understanding across different operational risk categories such as technology, data, AI, business disruption, third party suppliers and outsourcing, regulations, people and culture
  • Excellent verbal and written communication skills, with a strong attention to detail.
  • Strong ability to influence senior stakeholders, lead and motivate other staff members and embedding best risk management practices.
  • Excellent interpersonal skills and ability to work well both independently and as part of a global team.
  • Curious and proactive approach to understanding IFM's business.
  • Strong thought leadership and initiative to drive risk management solutions that are appropriate for IFM.
  • Experience of board-level reporting and producing high quality insights suitable for board consumption.

The anticipated base salary range for this position is listed below. Exact compensation amount may vary and will be determined by several components including but not limited to the individual's experience, skills and qualifications. Total compensation for this role includes eligibility for a discretionary performance-based bonus.
$200,000 - $240,000
IFM also offers robust benefits offerings which include but is not limited to Comprehensive Medical, Dental and Vision plans (significant employer subsidy), 401(k) program with company match; Flexible Savings Accounts (FSA), Life Insurance, Long-Term Disability (LTD) and Short-Term Disability (STD) Insurance; Employee Assistance Program (EAP), Commuter Benefits and Headspace subscription.
Ready to invest in what matters?
With IFM, that includes your own career. Visit ifminvestors.com/careers to find out more.
IFM Investors is committed to promoting an inclusive culture where all employees are valued and recognised for their unique qualities, backgrounds, and perspectives. We champion all groups regardless of race, gender, religion, sexual orientation, age, disability, or family status. We are committed to providing individuals with disabilities reasonable adjustments to participate in the job application or interview process. Please contact us if you require specific support at any stage of the recruitment process at Careers@ifminvestors.com